India's Richest People 2026 edition · 1 director · Source: Hurun India
- #544 Mahesh Gupta & family ₹6,200 Cr
Revenue · FY 2025
₹7.39 Lakh
▼ 62% YoY
Net loss · FY 2025
₹12.8 Lakh
Net margin -173.1%
EBITDA · FY 2025
-₹1.45 Lakh
EBITDA margin -19.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹26.28 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
10
As per MCA filings
Active GSTINs
1
GST registered
About Water Quality India Association
Data last updated:
Water Quality India Association is a public not for profit company based in Bangalore, Karnataka, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 16 September 2014 and has been in existence for over 12 years.
Its director Mahesh Gupta and family are #544 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U41000KA2014NPL205981. Its GSTIN is 27AABCW5756H1Z0 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26.28 Lakh. It is led by directors including Sunilbhai Narendrabhai Trivedi and Mahesh Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.39 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹12.8 Lakh (net margin -173.1%) and EBITDA of -₹1.45 Lakh (EBITDA margin -19.6%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 38% over five years.
The company is associated with 2 brands: Water Quality India Association and Water Quality Association.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wqa.org.
Company details
CIN U41000KA2014NPL205981
Registration Number 205981
Incorporation Date 16 September 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Water Quality India Association has one previous CIN (Corporate Identification Number): U41000MH2014NPL258150. The current CIN is U41000KA2014NPL205981, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41000KA2014NPL205981 | Current |
| U41000MH2014NPL258150 | Previous |
Recognitions & Rankings of Water Quality India Association
Contact details
Water Quality India Association's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address#38/1&2 Ahmed Plaza 1st Floor, Beratena Agrahara Hosur Main Road, Bangalore, Karnataka, India – 560100
- IndustryTravel and Hospitality, Consumer Professional Services
Comprehensive company report
Water Quality India Association - 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
Water Quality India Association operates two associated brands: Water Quality India Association and Water Quality Association. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Water treatment and industry representation services in India. | wqaindia.org | |
| Water treatment industry representation, certification, and advocacy services. | wqa.org |
Financials of Water Quality India Association
FY 2025 filings availableWater Quality India Association reported revenue of ₹7.39 Lakh (down 62% YoY) for FY 2025.
Revenue · FY 2025
₹7.39 Lakh ▼ 62%
Net loss · FY 2025
₹12.8 Lakh margin -173.1%
EBITDA · FY 2025
-₹1.45 Lakh margin -19.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 2%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 50%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 62% fall in the latest year. EBITDA rose 65% 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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| EBITDA | -₹1.45 Lakh | ||||
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| Net Profit (PAT) | -₹12.8 Lakh | ||||
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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 | -19.6% | ||||
| Net Profit Margin | -173.1% | ||||
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To see the full financial statements and ratios of Water Quality India Association, buy the company report.
Board of directors of Water Quality India Association
Water Quality India Association has 10 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilbhai Narendrabhai Trivedi Also directs: Primo Industries LLP, Sarjan Watertech India Private Limited | Director | 09 Oct 2014 | 12 Years 0 Months | Current |
| Mahesh Gupta Also directs: Kent Buildtech LLP, Kent R O Systems Limited, Dreamland Exim Private Limited and 3 more | Director | 30 Oct 2015 | 11 Years 0 Months | Current |
| Navneet Kapoor Also directs: Multiples Private Equity Fund II LLP, Navodhyam Holdings LLP, NK Family LLP and 5 more | Director | 30 Dec 2021 | 4 Years 10 Months | Current |
| Umesh Agarwal Also directs: Aaren Relipower LLP, Watch Water Treatment Private Limited, Pure N Safe Private Limited and 1 more | Director | 09 Jan 2019 | 7 Years 9 Months | Current |
| Himanshu Budhia Also directs: Gse Filter Private Limited | Director | 09 Oct 2014 | 12 Years 0 Months | Current |
| Ajay Kumar Shroff Also directs: Marcuras Water Treatment (India) Private Limited | Director | 09 Jan 2019 | 7 Years 9 Months | Current |
Showing 6 of 10 current directors. View all directors
Legal cases
No court or tribunal cases involving Water Quality India Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Water Quality India Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Water Quality India Association has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW5756H1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Water Quality India Association, buy the company report.
Recent activity
Water Quality India Association has 28 board changes on record since 2014: 10 appointments and 18 cessations. The latest: Navneet Kapoor ceased to be Additional Director on 25 Aug 2022.
AGM
Water Quality India Association last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Water Quality India Association has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Navneet Kapoor ceased to be Additional Director.
Ceased
Sunil Dadarao Dhole ceased to be Additional Director.
Appointed
Navneet Kapoor was appointed as Director.
Appointed
Sunil Dadarao Dhole was appointed as Director.
Ceased
Narayanan Sreenivas ceased to be Additional Director.
Ceased
Ajay Kumar Shroff ceased to be Additional Director.
Ceased
Umesh Agarwal ceased to be Additional Director.
Appointed
Ajay Kumar Shroff was appointed as Director.
Appointed
Umesh Agarwal was appointed as Director.
Ceased
Suresh Redhu ceased to be Additional Director.
19 earlier events are in the company report.
Frequently asked questions
Water Quality India Association is an active public not for profit company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 16 September 2014 (12+ years old) and is registered under CIN U41000KA2014NPL205981.
Water Quality India Association has 10 current directors:
- Sunilbhai Narendrabhai Trivedi - Director
- Mahesh Gupta - Director
- Navneet Kapoor - Director
- Umesh Agarwal - Director
- Himanshu Budhia - Director
- Ajay Kumar Shroff - Director
- Rajul Anand Parikh - Director
- Sunil Dadarao Dhole - Director
- Neeraj Gupta - Director
- Suresh Redhu - Director
The latest financial statements of Water Quality India Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Water Quality India Association is 27AABCW5756H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Water Quality India Association is U41000KA2014NPL205981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Water Quality India Association was incorporated on 16 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Navneet Kapoor ceased to be Additional Director on 25 Aug 2022. Sunil Dadarao Dhole ceased to be Additional Director on 25 Aug 2022. Navneet Kapoor was appointed as Director on 30 Dec 2021. Water Quality India Association has 28 board changes on record in total.
Water Quality India Association can be reached through the website wqa.org. Its registered office is in Bangalore, Karnataka, India.
The registered office of Water Quality India Association is at #381&2 Ahmed Plaza 1st Floor, Beratena Agrahara Hosur Main Road, Bangalore, Karnataka, India – 560100.
Water Quality India Association operates in the travel and hospitality industry, in the consumer professional services segment.
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