
Walkwel IT Services Private Limited
About Walkwel IT Services Private Limited
Data last updated:
Walkwel IT Services Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2017PTC047149.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ram Pal Bhardwaj and Vivekeshwar Sai Bhardwaj.
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 100 Chotti Baradari Garha, Jalandhar, Punjab, India – 144022.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.58 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹2,020 (net margin 0.8%) and EBITDA of ₹2,344 (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address100 Chotti Baradari Garha, Jalandhar, Punjab, India – 144022
- IndustryInformation Technology, Other Computer Related Activities
- 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 Walkwel IT Services Private Limited
The main business activity of Walkwel IT Services 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 Walkwel IT Services Private Limited FY 2025 filings available
Walkwel IT Services Private Limited reported revenue of ₹2.58 Lakh (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Walkwel IT Services Private Limited
Revenue rose 49% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 69% 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 Walkwel IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2,344 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2,020 | •••• | •••• | •••• | •••• |
| 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 Walkwel IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Walkwel IT Services are in the company report.
Financial statements from FY 2018
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 Walkwel IT Services Private Limited
Walkwel IT Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lyshe Advanced Technologies Private Limited | •••• | •••• | •••• | •••• | - | Tirupati, Andhra Pradesh, India |
| Digicult Global Media Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Videh International Private Limited | •••• | •••• | •••• | •••• | - | Amritsar, Punjab, India |
| Shiv Web Private Limited | •••• | •••• | •••• | •••• | - | Bhanvad, Gujarat, India |
| Creai Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Walkwel IT Services Private Limited this company | •••• | •••• | •••• | •••• | - | Jalandhar, Punjab, India |
| Beyond9to5 International Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Sanatana Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Starfone Media Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Cognatus Infotech Private Limited | •••• | •••• | •••• | •••• | - | Haveli, Maharashtra, India |
| Graptive Design Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Walkwel IT Services by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Walkwel IT Services Private Limited
Walkwel IT Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Pal Bhardwaj Also directs: Avana Crest LLP | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Vivekeshwar Sai Bhardwaj | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Walkwel IT Services 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 Walkwel IT Services Private Limited
Walkwel IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Walkwel IT Services Private Limited
Employment history and EPFO contributions of people linked to Walkwel IT Services.
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 Walkwel IT Services Private Limited
Walkwel IT Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ram Pal Bhardwaj was appointed as Director on 07 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Walkwel IT Services 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 Walkwel IT Services 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 Walkwel IT Services 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 Walkwel IT Services Private Limited
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 Walkwel IT Services 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 Walkwel IT Services Private Limited
Walkwel IT Services is an active private limited company based in Jalandhar, Punjab, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 November 2017 (9+ years old) and is registered under CIN U72900PB2017PTC047149.
Walkwel IT Services reported revenue of ₹2.58 Lakh for FY 2024 (up 49% YoY).
Walkwel IT Services has 2 current directors:
- Ram Pal Bhardwaj - Director
- Vivekeshwar Sai Bhardwaj - Director
Walkwel IT Services reported a net profit of ₹2,020 (net margin 0.8%) and EBITDA of ₹2,344 (EBITDA margin 0.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Walkwel IT Services is -27% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 49%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Walkwel IT Services is U72900PB2017PTC047149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Walkwel IT Services was incorporated on 07 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Walkwel IT Services by revenue are Lyshe Advanced Technologies Private Limited, Digicult Global Media Private Limited, Videh International Private Limited, Shiv Web Private Limited, Creai Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Ram Pal Bhardwaj was appointed as Director on 07 Nov 2017. Vivekeshwar Sai Bhardwaj was appointed as Director on 07 Nov 2017.
The registered office of Walkwel IT Services is at 100 Chotti Baradari Garha, Jalandhar, Punjab, India – 144022.
Walkwel IT Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.