About Waternet Consulting Services Private Limited
Data last updated:
Waternet Consulting Services Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2009PTC193172. Its GSTIN is 27AAACW8705B1ZI (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harsha Ashish Machhi and Ashish Babulal Machhi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 401 B. No 6 – A Krishna Green Land Park Kasarwadavali G B Road, Thane, Maharashtra, India – 400601.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.4 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹35.39 Lakh (net margin 8%) and EBITDA of ₹59.48 Lakh (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 3% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waternet.in.
Company details
Contact details
Waternet Consulting Services Private Limited's registered office is in Thane, Maharashtra. Its website is waternet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address401 B. No 6 – A Krishna Green Land Park Kasarwadavali G B Road, Thane, Maharashtra, India – 400601
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Waternet Consulting Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Waternet Consulting Services is water supply; sewerage, waste management and remediation activities. In detail, this covers waste collection, treatment and disposal activities; materials recovery.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 38 | Waste collection, treatment and disposal activities; materials recovery |
To see the full business activity and turnover split of Waternet Consulting Services Private Limited, buy the company report.
Financials of Waternet Consulting Services Private Limited
FY 2024 filings availableWaternet Consulting Services Private Limited reported revenue of ₹4.4 Cr (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 41% growth in the latest year. EBITDA rose 134% 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 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 | ₹59.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.39 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 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 | |||||
To see the full financial statements and ratios of Waternet Consulting Services Private Limited, buy the company report.
Board of directors of Waternet Consulting Services Private Limited
Waternet Consulting Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Ashish Machhi Also directs: Pipenet Solutions LLP | Director | 08 Sep 2015 | 11 Years 1 Months | Current |
| Ashish Babulal Machhi Also directs: Pipenet Solutions LLP, Hydron Consulting Engineers LLP | Director | 10 Jun 2009 | 17 Years 4 Months | Current |
Auditor
Waternet Consulting Services Private Limited is audited by Mrs. Tanvi Bhavik Chandaria for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mrs. Tanvi Bhavik Chandaria | FY 2023 | 139307 |
Shareholding
The shareholding of Waternet Consulting Services 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Waternet Consulting Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2023 | 100831930 | New India Co-Op Bank Limited | ₹20 Lakh | Open | |
| 12 Aug 2016 | 100047050 | New India Co-Op Bank Limited | ₹7 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Waternet Consulting Services Private Limited 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 Waternet Consulting Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Waternet Consulting Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW8705B1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Waternet Consulting Services Private Limited, buy the company report.
Recent activity
Waternet Consulting Services Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Vandana Ulhas Naik ceased to be Director on 25 Sep 2015.
Frequently asked questions
Waternet Consulting Services is an active private limited company based in Thane, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 June 2009 (17+ years old) and is registered under CIN U74140MH2009PTC193172.
Waternet Consulting Services has 2 current directors:
- Harsha Ashish Machhi - Director
- Ashish Babulal Machhi - Director
The latest financial statements of Waternet Consulting Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Waternet Consulting Services is 27AAACW8705B1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Waternet Consulting Services is U74140MH2009PTC193172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waternet Consulting Services was incorporated on 10 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Vandana Ulhas Naik ceased to be Director on 25 Sep 2015. Harsha Ashish Machhi was appointed as Director on 08 Sep 2015. Sujit Laxman Bandekar ceased to be Director on 29 Dec 2014. Waternet Consulting Services has 5 board changes on record in total.
Waternet Consulting Services can be reached through the website waternet.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Waternet Consulting Services is at 401 B. No 6 – A Krishna Green Land Park Kasarwadavali G B Road, Thane, Maharashtra, India – 400601.
Waternet Consulting Services operates in the business outsourcing industry, in the business and IT consulting segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
