Wages Technologies Private Limited
About Wages Technologies Private Limited
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Wages Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 14 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2020PTC131566. Its GSTIN is 29AACCW5885G1ZR (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Vathsala Gopalakrishnaiah and Shailaja Vinayagamurthy.
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 No.1111 3rd Stage 3rd Block Basaveshwaranagar, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.31 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹4.82 Lakh (net margin 23.7%) and EBITDA of ₹6.53 Lakh (EBITDA margin 32.2%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
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- Registered AddressNo.1111 3rd Stage 3rd Block Basaveshwaranagar, Bangalore, Karnataka, India – 560079
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Wages Technologies Private Limited
The main business activity of Wages Technologies is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis | 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 Wages Technologies Private Limited FY 2024 filings available
Wages Technologies Private Limited reported revenue of ₹20.31 Lakh (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wages Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 76% fall in the latest year. EBITDA fell 51% 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 Wages Technologies Private 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 | ₹6.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.82 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 of Wages Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.7% | •••• | •••• | •••• | •••• |
| 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 Wages Technologies are in the company report.
Financial statements from FY 2020
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 Wages Technologies Private Limited
Wages Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trenzu Technologies Private Limited | ₹20.66 Lakh (FY 2025) | •••• | •••• | 416.0% | •••• | New Delhi, Delhi, India |
| Scouter Engineering Technologies Private Limited | ₹20.66 Lakh (FY 2021) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Altavision Digital Systems Private Limited | ₹20.64 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Security Cards(India) Private Limited | ₹20.56 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Prism Instrumentation (India) Private Limited | ₹20.53 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Pune, Maharashtra, India |
| Wages Technologies Private Limited this company | ₹20.31 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Bangalore, Karnataka, India |
| Psinyx Technologies Private Limited | ₹20.19 Lakh (FY 2025) | •••• | •••• | 39.0% | •••• | Bangalore, Karnataka, India |
| Digitek Infotech Private Limited | ₹20.15 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Surat, Gujarat, India |
| Usha Systems and Technologies Private Limited | ₹20.07 Lakh (FY 2022) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
| Himanshu Technology Solutions Private Limited | ₹19.97 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Dbapixels Systems Private Limited | ₹19.8 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Wages Technologies by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Wages Technologies Private Limited
Wages Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vathsala Gopalakrishnaiah | Director | 14 Jan 2020 | 6 Years 8 Months | Current |
| Shailaja Vinayagamurthy | Director | 14 Jan 2020 | 6 Years 8 Months | Current |
Charges & Borrowings of Wages Technologies Private Limited
Wages Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wages Technologies Private Limited
Employment history and EPFO contributions of people linked to Wages Technologies.
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.
Recent Activity on Wages Technologies Private Limited
Wages Technologies Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Shailaja Vinayagamurthy was appointed as Director on 14 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Wages Technologies Private 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 Wages Technologies Private 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 Wages Technologies Private 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 Wages Technologies Private Limited
Wages Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW5885G1ZR | Karnataka | Active | 04 Aug 2020 |
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 Wages Technologies Private 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 Wages Technologies Private Limited
Wages Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 14 January 2020 (6+ years old) and is registered under CIN U31909KA2020PTC131566.
Wages Technologies reported revenue of ₹20.31 Lakh for FY 2025 (down 76% YoY).
Wages Technologies has 2 current directors:
- Vathsala Gopalakrishnaiah - Director
- Shailaja Vinayagamurthy - Director
Wages Technologies reported a net profit of ₹4.82 Lakh (net margin 23.7%) and EBITDA of ₹6.53 Lakh (EBITDA margin 32.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wages Technologies is -30% over three years. In the latest year (FY 2025) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wages Technologies is 29AACCW5885G1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Wages Technologies is U31909KA2020PTC131566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wages Technologies was incorporated on 14 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Wages Technologies by revenue are Trenzu Technologies Private Limited, Scouter Engineering Technologies Private Limited, Altavision Digital Systems Private Limited, Security Cards(India) Private Limited, Prism Instrumentation (India) Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Shailaja Vinayagamurthy was appointed as Director on 14 Jan 2020. Vathsala Gopalakrishnaiah was appointed as Director on 14 Jan 2020.
The registered office of Wages Technologies is at No.1111 3rd Stage 3rd Block Basaveshwaranagar, Bangalore, Karnataka, India – 560079.