Watai Electronics Private Limited
About Watai Electronics Private Limited
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Watai Electronics Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U31909UP2018PTC109513. Its GSTIN is 09AACCW2996A1Z7 (Uttar Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.49 Cr. It is led by directors Siwei Li and Suraj Upadhyay.
Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. B – 49 Sector 83 Phase 2, Noida, Uttar Pradesh, India – 201306.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.34 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹3.76 Cr (net margin -70.5%) and EBITDA of -₹3.46 Cr (EBITDA margin -64.7%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 4% over five years.
The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.48 Cr; the latest was in May 2019. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is GLS Extrutech Private Limited with revenue of ₹5.38 Cr.
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- Registered AddressPlot No. B – 49 Sector 83 Phase 2, Noida, Uttar Pradesh, India – 201306
- IndustryConsumer Electronics & Durables, Electronics 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 Watai Electronics Private Limited
The main business activity of Watai Electronics 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 Watai Electronics Private Limited FY 2025 filings available
Watai Electronics Private Limited reported revenue of ₹5.34 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Watai Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 18% fall in the latest year. EBITDA fell 173% 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 Watai Electronics 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 | -₹3.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.76 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 Watai Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -64.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -70.5% | •••• | •••• | •••• | •••• |
| 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 Watai Electronics are in the company report.
Financial statements from FY 2019
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 Watai Electronics Private Limited
Watai Electronics Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| GLS Extrutech Private Limited | ₹5.38 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| KRPC Lishen Battery India Private Limited | ₹5.35 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Delhi, India |
| Megha Embedded Systems India Private Limited | ₹5.35 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Pune, Maharashtra, India |
| Accumax Instruments Private Limited | ₹5.35 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Gandhinagar, Gujarat, India |
| Magic Home Appliances Private Limited | ₹5.34 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Delhi, India |
| Watai Electronics Private Limited this company | ₹5.34 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Noida, Uttar Pradesh, India |
| Ultraviolet Solar Private Limited | ₹5.33 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Rajkot, Gujarat, India |
| S. N. Electric & Maintenance Private Limited | ₹5.33 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | New Delhi, Delhi, India |
| BK Solar and Batteries Private Limited | ₹5.33 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Jaipur, Rajasthan, India |
| PCP Power Private Limited | ₹5.33 Cr (FY 2023) | •••• | •••• | -51.0% | •••• | Anand, Gujarat, India |
| D. V. Poles Private Limited | ₹5.32 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Watai Electronics by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Watai Electronics Private Limited
Watai Electronics Private Limited is audited by PrakashKPrakash for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PrakashKPrakash | 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 Watai Electronics Private Limited
Watai Electronics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siwei Li | Director | 06 Dec 2022 | 3 Years 10 Months | Current |
| Suraj Upadhyay Also directs: Siao Technology Private Limited | Director | 07 Mar 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Watai Electronics 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 Watai Electronics Private Limited
Watai Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Watai Electronics Private Limited
Watai Electronics Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.48 Cr; the latest was in May 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Funding round | ₹5.48 Cr | Investors: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Watai Electronics Private Limited
Employment history and EPFO contributions of people linked to Watai Electronics.
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 Watai Electronics Private Limited
Watai Electronics Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Siwei Li ceased to be Additional Director on 21 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Watai Electronics 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 Watai Electronics 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 Watai Electronics 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 Watai Electronics Private Limited
Watai Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCW2996A1Z7 | Uttar Pradesh | Active | 16 Apr 2019 |
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 Watai Electronics 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 Watai Electronics Private Limited
Watai Electronics is an active private limited company based in Noida, Uttar Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 October 2018 (8+ years old) and is registered under CIN U31909UP2018PTC109513.
Watai Electronics reported revenue of ₹5.34 Cr for FY 2025 (down 18% YoY).
Watai Electronics has 2 current directors:
- Siwei Li - Director
- Suraj Upadhyay - Director
Watai Electronics reported a net loss of ₹3.76 Cr (net margin -70.5%) and EBITDA of -₹3.46 Cr (EBITDA margin -64.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Watai Electronics is -38% over three years and -4% over five years. In the latest year (FY 2025) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Watai Electronics is 09AACCW2996A1Z7, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Watai Electronics is U31909UP2018PTC109513. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Watai Electronics was incorporated on 23 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.
Watai Electronics has 1 deal on record (1 funding round), with disclosed funding of ₹5.48 Cr; the latest was in May 2019.
The peers of Watai Electronics by revenue are GLS Extrutech Private Limited, KRPC Lishen Battery India Private Limited, Megha Embedded Systems India Private Limited, Accumax Instruments Private Limited, Magic Home Appliances Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Siwei Li ceased to be Additional Director on 21 Sep 2023. Suraj Upadhyay ceased to be Additional Director on 21 Sep 2023. Mohammad Usman ceased to be Director on 10 Mar 2023. Watai Electronics has 7 board changes on record in total.