Fortune India 500 2025 edition
Rank#440- Total income
- ₹5,425 Cr
- Profit
- ₹-110 Cr
Wal-Mart India Private Limited - consumer services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5,374 Cr
▲ 3% YoY
Net loss · FY 2025
₹109.87 Cr
Net margin -2%
EBITDA · FY 2025
-₹19.23 Cr
EBITDA margin -0.4%
Authorised capital
₹3,000 Cr
Registered with MCA
Paid-up capital
₹2,970.98 Cr
Issued & subscribed
Satisfied charges
₹2,211 Cr
No open charges
Company age
19 yrs
Est. 2007
Employees · EPFO
3,338
Provident fund records
About Wal-Mart India Private Limited
Data last updated:
Wal-Mart India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Flipkart Private Limited. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 17 August 2007 and has been in existence for over 19 years.
Wal-Mart India is ranked #440 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2007PTC167118. Its GSTIN is 07AADCB2110L1Z2 (Delhi). The company holds 15 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹2,970.98 Cr. It was formerly known as Bharti Wal-Mart Private Limited. It is led by directors Neeraj Chopra (Whole-Time Director) and Ritesh Tibrewala.
Its last annual general meeting (AGM) was held on 29 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 20 1st And 2nd Floor Hauz Khas Main Market, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,374 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹109.87 Cr (net margin -2%) and EBITDA of -₹19.23 Cr (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
The company has about 3,338 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Bestprice, Walmart India and Flipkart. As per MCA filings, the company has satisfied charges of ₹2,211 Cr on record. Court records list 87 cases involving the company, including 50 filed by the company and 38 filed against it; 38 cases are pending. The company has 13 deals on record (6 rights issues, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1,740.96 Cr; the latest was in January 2024. Its 3 peer companies in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Vishal Mega Mart Limited with revenue of ₹10,775 Cr. The company has 40 MSME Form 1 returns on record between 2017 and 2024, listing 7,573 overdue payments to 364 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flipkart.com.
Company details
CIN U51909DL2007PTC167118
Registration Number 167118
Incorporation Date 17 August 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Flipkart Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Wal-Mart India
Contact details
Wal-Mart India Private Limited's registered office is in New Delhi, Delhi. Its website is flipkart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 20 1st And 2nd Floor Hauz Khas Main Market, New Delhi, Delhi, India – 110016
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Wal-Mart India Private Limited, buy the company report.
Comprehensive company report
Wal-Mart India 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
Wal-Mart India operates multiple associated brands including Bestprice, Walmart India, and Flipkart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retail chain of consumer goods is operated in India. | wal-martindia.in | |
| Multi-category consumer products are offered via an online marketplace platform. | flipkart.com | |
| Wholesale platform for groceries, personal care, and home products in India. | bestprice.in |
Business activity
The main business activity of Wal-Mart India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wal-Mart India Private Limited, buy the company report.
Financials of Wal-Mart India Private Limited
FY 2025 filings availableWal-Mart India Private Limited reported revenue of ₹5,374 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹5,374 Cr ▲ 3%
Net loss · FY 2025
₹109.87 Cr margin -2%
EBITDA · FY 2025
-₹19.23 Cr margin -0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 51%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 3% growth in the latest year. EBITDA rose 62% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹19.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹109.87 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Wal-Mart India Private Limited, buy the company report.
Board of directors of Wal-Mart India Private Limited
Wal-Mart India has 2 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Tibrewala Also directs: Scapic Innovations Private Limited, Childrenite Private Limited | Director | 22 Dec 2022 | 3 Years 10 Months | Current |
| Neeraj Chopra | Whole-Time Director | 16 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Wal-Mart India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vishal Mega Mart Limited | ₹10,775 Cr (FY 2025) | 20.0% | Gurugram, Haryana, India | |||
| Metro Cash and Carry India Limited | ₹10,649 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Wal-Mart India Private Limitedthis company | ₹5,374 Cr (FY 2025) | -₹109.87 Cr | -2% | 3.0% | 3,338 | New Delhi, Delhi, India |
| Vishal Mega Mart Private Limited | ₹3,000.58 Cr (FY 2019) | 33.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Wal-Mart India Private Limited, buy the company report.
Auditor
Wal-Mart India Private Limited is audited by S.R. Batliboi and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi and Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Wal-Mart India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wal-Mart India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2,211 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2013 | 10438243 | Citi Bank N.A. | ₹25 Cr | Satisfied | |
| 18 Feb 2013 | 10410590 | Bnp Paribas | ₹25 Cr | Satisfied | |
| 02 Jul 2012 | 10373111 | Citi Bank N.A. | ₹150 Cr | Satisfied | |
| 18 Jun 2012 | 10370184 | Bank of America N.A. | ₹125 Cr | Satisfied | |
| 18 Jun 2012 | 10369870 | Jp Morgan Chase Bank, N.A. | ₹125 Cr | Satisfied |
To see the full charge records of Wal-Mart India Private Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Wal-Mart India Private Limited has 13 deals on record (6 rights issues, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1,740.96 Cr; the latest was in January 2024.
Total deals
13
Rights issues
6
Funding rounds
4
Secondary share transfers
3
Disclosed funding
₹1,740.96 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Wal-Mart Marititus (1) Holdings Co. Limited Seller: Bharti Enterprises Limited, Cedar Support Services Limited |
| Dec 2012 | Funding round | ₹108.22 Cr | Investors: Wal-Mart Marititus (1) Holdings Co. Limited, Bharti Enterprises Limited, Cedar Support Services Limited |
| May 2011 | Funding round | ₹224.77 Cr | Investors: Wal-Mart Marititus (1) Holdings Co. Limited, Bharti Enterprises Limited, Cedar Support Services Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Bharti Enterprises Limited Seller: Cedar Support Services Limited |
| Aug 2007 | Funding round | ₹80.05 Cr | Investors: Wal-Mart Marititus (1) Holdings Co. Limited, Cedar Support Services Limited , Wal-Mart Marititus (2) Holdings Co. Limited |
To see the full deal history of Wal-Mart India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wal-Mart India Private Limited has 87 court cases on record: 50 filed by Wal-Mart India, 38 filed against it. 38 cases are pending and 49 are disposed.
Total cases
87
Filed by the company
50
Filed against the company
38
Pending
38
Disposed
49
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 26 | 26 |
| High courts | 35 | 12 | 10 |
| Supreme Court | 2 | 0 | 2 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jammu, Jammu and Kashmir | Court case (Recovery Suit(Civil)) | Filed against the company by M/S Jai Beverages Pvt. Ltd. Through Sushil Kumar Ruhela | Pending |
| High Court, DELHI | Writ petition | Filed against the company by Wal Mart India Private Limited and 1 other | Pending |
| High Court | Appeal | Filed against the company by Shahi Exports Private Limited | Pending |
| High Court, DELHI | Writ petition | Filed by the company against Wal Mart India Private Limited and 3 others | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed against the company by Zonac Knitting Machines Pvt. Ltd | Pending |
To see the full case history of Wal-Mart India Private Limited, buy the company report.
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.
MSME payment delays
Wal-Mart India Private Limited has 40 MSME Form 1 returns on record between 2017 and 2024, listing 7,573 overdue payments to 364 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 364)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bhavani Dall Mills | |||
| JRM Global | |||
| Digital Web Analytics and Optimization | |||
| Helios Lifestyle Limited |
To see the full MSME payment records of Wal-Mart India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Wal-Mart India Private Limited has a workforce of 3,338 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
Employee count
3,338
Active EPFO establishments
2
Employee growth
-3.08%
GST
Wal-Mart India has 15 GST registrations: 13 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
15
Active
13
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCB2110L1Z2 | Delhi | Active | 01 Jul 2017 |
| 02AADCB2110L1ZC | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AADCB2110L1ZA | Punjab | Active | 01 Jul 2017 |
| 05AADCB2110L1Z6 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wal-Mart India Private Limited, buy the company report.
Recent activity
Wal-Mart India Private Limited has 72 board changes on record since 2007: 37 appointments and 35 cessations. The latest: Sandeep Subhash Karwa ceased to be Director on 05 Feb 2025.
AGM
Wal-Mart India Private Limited last Annual general meeting of members was held on 29 Jul 2025 as per latest MCA records.
Filing
Wal-Mart India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Sandeep Subhash Karwa ceased to be Director.
Appointed
Neeraj Chopra was appointed as Whole-Time Director.
Ceased
Punit Agarwal ceased to be Director.
Appointed
Ritesh Tibrewala was appointed as Director.
Ceased
Ashwin Mittal ceased to be CFO.
Ceased
Sameer Aggarwal ceased to be Ceo(Kmp).
Ceased
Avishkar Mehrotra ceased to be Whole-Time Director.
Appointed
Punit Agarwal was appointed as Director.
Appointed
Sandeep Subhash Karwa was appointed as Director.
Appointed
Avishkar Mehrotra was appointed as Whole-Time Director.
110 earlier events are in the company report.
News
Frequently asked questions
Wal-Mart India is an active private limited company based in New Delhi, Delhi, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 17 August 2007 (19+ years old) and is registered under CIN U51909DL2007PTC167118.
Wal-Mart India has 2 current directors:
- Neeraj Chopra - Whole-Time Director
- Ritesh Tibrewala - Director
The latest financial statements of Wal-Mart India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wal-Mart India is 07AADCB2110L1Z2, registered in Delhi. The company has 15 GST registrations in all, of which 13 are active and 2 are cancelled or inactive. Other active GSTINs include 02AADCB2110L1ZC (Himachal Pradesh), 03AADCB2110L1ZA (Punjab), 05AADCB2110L1Z6 (Uttarakhand).
The CIN (Corporate Identification Number) of Wal-Mart India is U51909DL2007PTC167118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wal-Mart India has 87 court cases on record: 50 filed by the company and 38 filed against it. 38 are pending. Most are in the district courts.
Wal-Mart India was incorporated on 17 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Wal-Mart India has 13 deals on record (6 rights issues, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1,740.96 Cr; the latest was in January 2024.
The peers of Wal-Mart India by revenue are Vishal Mega Mart Limited, Metro Cash and Carry India Limited, Vishal Mega Mart Private Limited, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading).
Sandeep Subhash Karwa ceased to be Director on 05 Feb 2025. Neeraj Chopra was appointed as Whole-Time Director on 16 Aug 2023. Punit Agarwal ceased to be Director on 27 Dec 2022. Wal-Mart India has 72 board changes on record in total.
Wal-Mart India has 40 MSME Form 1 returns on record between 2017 and 2024, listing 7,573 overdue payments to 364 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Wal-Mart India can be reached through the website flipkart.com. Its registered office is in New Delhi, Delhi, India.