About Wae Limited
Data last updated:
Wae Limited is a public limited company based in New Delhi, Delhi, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 08 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120DL2010PLC205490. Its GSTIN is 09AABCW0017F1ZQ (Uttar Pradesh). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.04 Lakh. It was formerly known as Wae Private Limited and Wacorp Projects Private Limited. It is led by directors including Anupam Joshi and Swati Dewesar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Innov8 Regal Building 2nd Floor Property No. 44, Above Madame Tussauds Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.81 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 2%) and EBITDA of ₹4.06 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 32% over five years.
The company has about 199 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Thecircleofblue. As per MCA filings, the company has open charges of ₹7.22 Cr and satisfied charges of ₹3 Cr on record. Court records list 20 cases involving the company, including 8 filed by the company and 12 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waecorp.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressInnov8 Regal Building 2nd Floor Property No. 44, Above Madame Tussauds Connaught Place, New Delhi, Delhi, India – 110001
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Wae Limited
The main business activity of Wae is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wae Limited FY 2024 filings available
Wae Limited reported revenue of ₹54.81 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wae Limited
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 44% growth in the latest year. EBITDA rose 20% 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 of Wae Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.11 Cr | •••• | •••• | •••• | •••• |
| 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 of Wae Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wae are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Wae Limited
Wae Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Water and Wastewater Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S Sony and Co Pvt Ltd | ₹55.52 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | New Delhi, Delhi, India |
| Hindustan Trade Centre (India) Private Limited | ₹55.4 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Telangana, India |
| Rotarex India Private Limited | ₹55.23 Cr (FY 2023) | •••• | •••• | 19.0% | •••• | Navi Mumbai, Maharashtra, India |
| Rockwell Industrial Services Private Limited | ₹55.22 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bhubaneswar, Odisha, India |
| Rite Equipment Private Limited | ₹54.97 Cr (FY 2022) | •••• | •••• | 100.0% | •••• | Bangalore, Karnataka, India |
| Wae Limited this company | ₹54.81 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | New Delhi, Delhi, India |
| Jal Seva Charitable Foundation | ₹54.38 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Shyan Engineers Project Private Limited | ₹54.19 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Ranchi, Jharkhand, India |
| Total Tools and Equipments P Ltd | ₹53.72 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Premier Tech Water and Environment Private Limited | ₹53.55 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Enar Weld-Braze Private Limited | ₹53.51 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Wae by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Water and Wastewater Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wae Limited
Wae Limited is audited by VIPAL KALRA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIPAL KALRA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wae Limited
Wae has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupam Joshi Also directs: Natural Therapeutics Limited, Wae F&B Private Limited, Wae SMC Private Limited and 4 more | Director | 08 Jul 2010 | 16 Years 3 Months | Current |
| Swati Dewesar | Director | 03 Mar 2011 | 15 Years 7 Months | Current |
| Alka Mehta Also directs: Natural Therapeutics Limited, Wae F&B Private Limited, Wae Holdings Private Limited and 3 more | Director | 18 May 2020 | 6 Years 4 Months | Current |
| Aditya Vikram Joshi Also directs: Natural Therapeutics Limited | Director | 01 Sep 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Wae Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wae Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2025 | State Bank of India | ₹5 Cr | Open |
| 13 Dec 2024 | Hdfc Bank Limited | ₹18.56 Lakh | Open |
| 17 Apr 2024 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 12 Mar 2024 | Hdfc Bank Limited | ₹5.68 Lakh | Open |
| 28 Sep 2020 | Others | ₹9.72 Lakh | Open |
Total charge records: 8 View all charges
Legal Cases of Wae Limited
Wae Limited has 20 court cases on record: 8 filed by Wae, 12 filed against it. 7 cases are pending and 13 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 11 | 7 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed against the company by JBC Auto Tech Private Limited | Pending |
| District court, South, Delhi | Revision petition | Filed by the company against Singhania & Partners LLP | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by Singhania and Partners Private Limited | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Pending |
| District court, New Delhi, Delhi | Court case (Counter Claim) | Filed against the company by an individual | Pending |
Full case history
All 20 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Wae Limited
Wae operates one associated brand: Thecircleofblue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IoT water dispensing machines for sustainable hydration and environmental protection. | thecircleofblue.com |
Employees and EPFO Compliance at Wae Limited
Wae Limited has a workforce of 199 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Wae Limited
Wae has undergone 3 name changes throughout its history. The company was previously known as Wae Private Limited, Wacorp Projects Private Limited, and Wae Corp India Private Limited. The current legal name is Wae Limited.
| Company Name | Status |
|---|---|
| Wae Limited | Current |
| Wae Private Limited | Previous |
| Wacorp Projects Private Limited | Previous |
| Wae Corp India Private Limited | Previous |
CIN History of Wae Limited
Wae has one previous CIN (Corporate Identification Number): U74120DL2010PTC205490. The current CIN is U74120DL2010PLC205490, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120DL2010PLC205490 | Current |
| U74120DL2010PTC205490 | Previous |
News related to Wae Limited
Recent Activity on Wae Limited
Wae Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Aditya Vikram Joshi was appointed as Director on 01 Sep 2025.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wae Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Wae Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wae Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wae Limited
Wae has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCW0017F1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wae Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wae Limited
Wae is an active public limited company based in New Delhi, Delhi, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 08 July 2010 (16+ years old) and is registered under CIN U74120DL2010PLC205490.
Wae reported revenue of ₹54.81 Cr for FY 2025 (up 44% YoY).
Wae has 4 current directors:
- Anupam Joshi - Director
- Swati Dewesar - Director
- Alka Mehta - Director
- Aditya Vikram Joshi - Director
Wae reported a net profit of ₹1.11 Cr (net margin 2%) and EBITDA of ₹4.06 Cr (EBITDA margin 7.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wae is 42% over three years and 32% over five years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wae is 09AABCW0017F1ZQ, registered in Uttar Pradesh. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Wae is U74120DL2010PLC205490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wae has 20 court cases on record: 8 filed by the company and 12 filed against it. 7 are pending. Most are in the district courts.
Wae was incorporated on 08 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Wae by revenue are S Sony and Co Pvt Ltd, Hindustan Trade Centre (India) Private Limited, Rotarex India Private Limited, Rockwell Industrial Services Private Limited, Rite Equipment Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Water and Wastewater Treatment).
Aditya Vikram Joshi was appointed as Director on 01 Sep 2025. Pravin Dubey ceased to be Director on 15 May 2022. Alka Mehta was appointed as Director on 18 May 2020. Wae has 7 board changes on record in total.