Waaree Infrastructure & Agritech Private Limited

Waaree Infrastructure & Agritech Private Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U32109MH1998PTC116358 Incorporated 27 August 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2024
₹1.05 Lakh
▼ 19.81% YoY
Net loss · FY 2024
₹20.19 Lakh
Latest filing
EBITDA · FY 2024
-₹20.19 Lakh
Latest filing
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹8.04 Lakh
Issued & subscribed
Satisfied charges
₹19.29 Cr
No open charges
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings

About Waaree Infrastructure & Agritech Private Limited

Data last updated:

Waaree Infrastructure & Agritech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 27 August 1998 and has been in existence for over 28 years.

Its director Viren Chimanlal Doshi is #1,545 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1998PTC116358. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.04 Lakh. It was formerly known as Waaree Techmaster Instrumentation Private Limited. It is led by directors Pujan Pankaj Doshi and Viren Doshi Chimanlal.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 602 6th Floor Western Edge – I Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.05 Lakh. For the same year it recorded a net loss of ₹20.19 Lakh and EBITDA of -₹20.19 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 31% over five years.

The company is associated with 1 brand: Waaree Energies. As per MCA filings, the company has satisfied charges of ₹19.29 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waaree.com.

Company details

CIN U32109MH1998PTC116358
Registration Number 116358
Incorporation Date 27 August 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Pujan Pankaj Doshi Director Viren Doshi Chimanlal Director

Recognitions & Rankings of Waaree Infrastructure & Agritech

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Waaree Infrastructure & Agritech Private Limited's registered office is in Mumbai, Maharashtra. Its website is waaree.com. Its e-mail address is in the company report.

  • Email
  • Website
    waaree.com
  • Social Media
  • Registered Address
    602 6th Floor Western Edge – I Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066
  • Industry
    Infrastructure and Utilities, Infrastructure Project Management

To see the full contact details of Waaree Infrastructure & Agritech Private Limited, buy the company report.

Comprehensive company report
Waaree Infrastructure & Agritech Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Waaree Infrastructure & Agritech operates one associated brand: Waaree Energies. Each brand links to its own profile.

BrandDescriptionWebsite
Waaree Energies
Manufacturer of solar PV moduleswaaree.com

Business activity

The main business activity of Waaree Infrastructure & Agritech is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities

Financials of Waaree Infrastructure & Agritech Private Limited

FY 2025 filings available

Waaree Infrastructure & Agritech Private Limited reported revenue of ₹1.05 Lakh for FY 2024.

Revenue · FY 2024
₹1.05 Lakh
Net loss · FY 2024
₹20.19 Lakh
EBITDA · FY 2024
-₹20.19 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 70%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 45%
5 years · compounded
▼ 39%

Revenue has declined at a compounded annual rate (CAGR) of 31% over five years. EBITDA fell 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹20.19 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20.19 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Waaree Infrastructure & Agritech Private Limited, buy the company report.

Board of directors of Waaree Infrastructure & Agritech Private Limited

Waaree Infrastructure & Agritech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pujan Pankaj Doshi
Also directs: Waaree PV Power LLP, Waaree Renewable Technologies Limited, Omntec Waaree Atg Pvt. Ltd. and 5 more
Director28 Feb 20188 Years 8 MonthsCurrent
Viren Doshi Chimanlal
Also directs: Dhaata Solar LLP, Sunbless Solar LLP, Waaree PV Power LLP and 5 more
Director02 Mar 200026 Years 8 MonthsCurrent
View all directors

Auditor

Waaree Infrastructure & Agritech Private Limited is audited by M N SHETH & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
M N SHETH & ASSOCIATESFY 2021110061W

Shareholding

The shareholding of Waaree Infrastructure & Agritech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Waaree Infrastructure & Agritech Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹19.29 Cr
Breakdown by lending institutions
Syndicate Bank₹19.29 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jun 200910165965Syndicate Bank₹15.94 CrSatisfied
24 Jan 200290146261Syndicate Bank₹3.35 CrSatisfied

To see the full charge records of Waaree Infrastructure & Agritech Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Waaree Infrastructure & Agritech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Waaree Infrastructure & Agritech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Waaree Infrastructure & Agritech Private Limited, buy the company report.

Recent activity

Waaree Infrastructure & Agritech Private Limited has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Pujan Pankaj Doshi ceased to be Additional Director on 30 Sep 2019.

AGM
Waaree Infrastructure & Agritech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Waaree Infrastructure & Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Pujan Pankaj Doshi ceased to be Additional Director.
Ceased
Hitesh Chimanlal Doshi ceased to be Director.
Appointed
Pujan Pankaj Doshi was appointed as Director.
Ceased
Ajay Motilal Jain ceased to be Director.
Charges
A charge registered on 23 Jun 2009 via Charge ID 10165965 with Syndicate Bank was fully satisfied on 14 Feb 2012.
Charges
A charge registered on 24 Jan 2002 via Charge ID 90146261 with Syndicate Bank was fully satisfied on 14 Feb 2012.
Charges
A charge with Syndicate Bank amounted to Rs. 1,594.00 Lakh with Charge ID 10165965 was registered on 23 Jun 2009.
Charges
A charge with Syndicate Bank of Rs. 335.00 Lakh registered on 24 Jan 2002 with Charge ID 90146261 was modified on 11 Jan 2005.
Charges
A charge with Syndicate Bank amounted to Rs. 335.00 Lakh with Charge ID 90146261 was registered on 24 Jan 2002.
Appointed
Viren Doshi Chimanlal was appointed as Director.

1 earlier event is in the company report.

News

Frequently asked questions

Waaree Infrastructure & Agritech is an active private limited company based in Mumbai, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 27 August 1998 (28+ years old) and is registered under CIN U32109MH1998PTC116358.

Waaree Infrastructure & Agritech has 2 current directors:

The latest financial statements of Waaree Infrastructure & Agritech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Waaree Infrastructure & Agritech has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Waaree Infrastructure & Agritech is U32109MH1998PTC116358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Waaree Infrastructure & Agritech has 1 court case on record: 1 filed against it.

Waaree Infrastructure & Agritech was incorporated on 27 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Pujan Pankaj Doshi ceased to be Additional Director on 30 Sep 2019. Hitesh Chimanlal Doshi ceased to be Director on 28 Feb 2018. Pujan Pankaj Doshi was appointed as Director on 28 Feb 2018. Waaree Infrastructure & Agritech has 5 board changes on record in total.

Waaree Infrastructure & Agritech can be reached through the website waaree.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Waaree Infrastructure & Agritech is at 602 6th Floor Western Edge – I Western Express Highway Borivali East, Mumbai, Maharashtra, India – 400066.