- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0116365

Walfin Tech Private Limited
About Walfin Tech Private Limited
Data last updated:
Walfin Tech Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Walrus Tech Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC148758. Its GSTIN is 29AACCW9869J1ZC (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.32 Lakh. It is led by directors Sriharsha Setty and Bhagaban Behera.
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 A/4M I G Khb Colony 5th Blk Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.81 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 13.3%) and EBITDA of ₹1.67 Cr (EBITDA margin 21.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Defy Club.
Walfin Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0116365).
Recognitions & Rankings of Walfin Tech
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA/4M I G Khb Colony 5th Blk Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Walfin Tech Private Limited
The main business activity of Walfin Tech is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Walfin Tech Private Limited FY 2025 filings available
Walfin Tech Private Limited reported revenue of ₹7.81 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Walfin Tech Private Limited
Revenue rose 47% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 156% 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 Walfin Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹1.67 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.04 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 Walfin Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.4% | •••• | •••• | •••• |
| Net Profit Margin | 13.3% | •••• | •••• | •••• |
| 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 Walfin Tech are in the company report.
Financial statements from FY 2022
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.
Board of Directors of Walfin Tech Private Limited
Walfin Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriharsha Setty Also directs: Walrus Labs Private Limited | Director | 25 Jun 2021 | 5 Years 3 Months | Current |
| Bhagaban Behera Also directs: Walrus Labs Private Limited | Director | 25 Jun 2021 | 5 Years 3 Months | Current |
Peer Comparison of Walfin Tech Private Limited
Walfin Tech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eternity Logistics Solutions Private Limited | ₹7.85 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Zirakpur, Punjab, India |
| Aigital Technologies Private Limited | ₹7.85 Cr (FY 2025) | •••• | •••• | 131.0% | •••• | Barmer, Rajasthan, India |
| Cybonix Technologies Private Limited | ₹7.84 Cr (FY 2022) | •••• | •••• | 34.0% | •••• | Noida, Uttar Pradesh, India |
| Adcuratio Media India Private Limited | ₹7.83 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Bangalore, Karnataka, India |
| Colina Tech Solutions Private Limited | ₹7.82 Cr (FY 2024) | •••• | •••• | -53.0% | •••• | Hyderabad, Telangana, India |
| Walfin Tech Private Limited this company | ₹7.81 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Geomaticx Scientific Technology Services Private Limited | ₹7.8 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Kolkata, West Bengal, India |
| Protech Microsystems India Private Limited | ₹7.8 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Lantern Digital Services Private Limited | ₹7.79 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Dikshu India Communications Private Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Chorayasi, Gujarat, India |
| Interland Technology Services Private Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kanayannur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Walfin Tech by revenue in the same principal business activity (Other information & communication service activities), 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 Walfin Tech Private Limited
Walfin Tech Private Limited is audited by S R G A & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R G A & CO. | 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.
Ownership and Shareholding of Walfin Tech Private 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 Walfin Tech Private Limited
Walfin Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Walfin Tech Private Limited
Walfin Tech Private Limited has a workforce of 14 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.
Recent Activity on Walfin Tech Private Limited
Walfin Tech Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Bhagaban Behera was appointed as Director on 25 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Walfin Tech 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 Walfin Tech 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 Walfin Tech 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 Walfin Tech Private Limited
Walfin Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW9869J1ZC | Karnataka | Active | 11 Aug 2021 |
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 Walfin Tech 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.
Related news about Walfin Tech Private Limited
Frequently Asked Questions about Walfin Tech Private Limited
Walfin Tech is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 June 2021 (5+ years old) and is registered under CIN U72900KA2021FTC148758.
Walfin Tech reported revenue of ₹7.81 Cr for FY 2025 (up 47% YoY).
Walfin Tech has 2 current directors:
- Sriharsha Setty - Director
- Bhagaban Behera - Director
Walfin Tech reported a net profit of ₹1.04 Cr (net margin 13.3%) and EBITDA of ₹1.67 Cr (EBITDA margin 21.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Walfin Tech is -1% over three years. In the latest year (FY 2025) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Walfin Tech is 29AACCW9869J1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Walfin Tech is U72900KA2021FTC148758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Walfin Tech was incorporated on 25 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Walfin Tech by revenue are Eternity Logistics Solutions Private Limited, Aigital Technologies Private Limited, Cybonix Technologies Private Limited, Adcuratio Media India Private Limited, Colina Tech Solutions Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Bhagaban Behera was appointed as Director on 25 Jun 2021. Sriharsha Setty was appointed as Director on 25 Jun 2021.
Yes, Walfin Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0116365).