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Watts & Volts Mobility Private Limited - transport and logistics in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.22 Cr
▲ 55% YoY
Net loss · FY 2024
₹2.59 Cr
Net margin -80.5%
EBITDA · FY 2024
₹21.81 Lakh
EBITDA margin 6.8%
Authorised capital
₹3.34 Cr
Registered with MCA
Paid-up capital
₹3.34 Cr
Issued & subscribed
Open charges
₹65.22 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
31
Provident fund records
About Watts & Volts Mobility Private Limited
Data last updated:
Watts & Volts Mobility Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 23 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U63000TG2019PTC129983. Its GSTIN is 36AACCW3604R1ZW (Telangana).
The company has an authorised share capital of ₹3.34 Cr and a paid-up capital of ₹3.34 Cr. It is led by directors including Vijay Madduri and Karumanchi Vamsi Krishna.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 8 – 2 – 293/82/J – III Plot No.33A Sy No.120 Road No.76 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.22 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹2.59 Cr (net margin -80.5%) and EBITDA of ₹21.81 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 902% over three years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bud-E. As per MCA filings, the company has open charges of ₹65.22 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Watts & Volts Mobility Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0115674). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bud-e.in.
Company details
CIN U63000TG2019PTC129983
Registration Number 129983
Incorporation Date 23 January 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TS-02-0115674
Key People
Vijay Madduri Director Karumanchi Vamsi Krishna Director Tekumalla Venkat Adithya Director Recognitions & Rankings of Watts & Volts Mobility
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0115674
Contact details
Watts & Volts Mobility Private Limited's registered office is in Hyderabad, Telangana. Its website is bud-e.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8 – 2 – 293/82/J – III Plot No.33A Sy No.120 Road No.76 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Watts & Volts Mobility Private Limited, buy the company report.
Comprehensive company report
Watts & Volts Mobility 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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Business activity
The main business activity of Watts & Volts Mobility is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Watts & Volts Mobility Private Limited, buy the company report.
Financials of Watts & Volts Mobility Private Limited
FY 2023 filings availableWatts & Volts Mobility Private Limited reported revenue of ₹3.22 Cr (up 55% YoY) for FY 2024.
Revenue · FY 2024
₹3.22 Cr ▲ 55%
Net loss · FY 2024
₹2.59 Cr margin -80.5%
EBITDA · FY 2024
₹21.81 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 902%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 902% over three years, including 55% growth in the latest year. EBITDA rose 107% 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 |
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| Total Expenses | |||||
| EBITDA | ₹21.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.59 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | -80.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Watts & Volts Mobility Private Limited, buy the company report.
Board of directors of Watts & Volts Mobility Private Limited
Watts & Volts Mobility has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Madduri Also directs: Engrowth Venture Partners LLP, KVK Corporate Services LLP, KVV Properties LLP and 5 more | Director | 29 Aug 2020 | 6 Years 2 Months | Current |
| Karumanchi Vamsi Krishna Also directs: KVK Corporate Services LLP, KVV Properties LLP, Hylife Entertainments Private Limited and 3 more | Director | 01 Mar 2025 | 1 Years 7 Months | Current |
| Tekumalla Venkat Adithya | Director | 29 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Watts & Volts Mobility Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anc Business Solutions Private Limited | ₹3.22 Cr (FY 2024) | 44.0% | Thane, Maharashtra, India | |||
| Watts & Volts Mobility Private Limitedthis company | ₹3.22 Cr (FY 2024) | -₹2.59 Cr | -80.5% | 55.0% | 31 | Hyderabad, Telangana, India |
| Samridhi Car Rental Private Limited | ₹3.19 Cr (FY 2024) | -18.0% | New Delhi, Delhi, India | |||
| Indeanta E-Mobility Private Limited | ₹3.14 Cr (FY 2024) | 46.0% | Mangalore, Karnataka, India |
To see the full peer comparison of Watts & Volts Mobility Private Limited, buy the company report.
Auditor
Watts & Volts Mobility Private Limited is audited by RAKESH S JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH S JAIN & ASSOCIATES | FY 2023 | 010129S |
Shareholding
The shareholding of Watts & Volts Mobility Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Watts & Volts Mobility Private Limited, buy the company report.
Charges & borrowings
Open charges
₹65.22 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2023 | 100708407 | Others | ₹65.22 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Watts & Volts Mobility Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by 1T9 Technology Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Watts & Volts Mobility 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
No delayed payments to MSME suppliers are on our record for Watts & Volts Mobility Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Watts & Volts Mobility Private Limited has a workforce of 31 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-3.12%
GST
Watts & Volts Mobility has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCW3604R1ZW | Telangana | Active | 18 Apr 2019 |
To see the full GST registrations and return filing status of Watts & Volts Mobility Private Limited, buy the company report.
Recent activity
Watts & Volts Mobility Private Limited has 9 board changes on record since 2020: 3 appointments and 6 cessations. The latest: Karumanchi Vamsi Krishna was appointed as Director on 01 Mar 2025.
Appointed
Karumanchi Vamsi Krishna was appointed as Director.
AGM
Watts & Volts Mobility Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Kedarnadh Selagamsetty ceased to be Director.
Filing
Watts & Volts Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Appointed
Tekumalla Venkat Adithya was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100708407 was registered on 27 Mar 2023.
Ceased
Amujala Gopala Krishna ceased to be Additional Director.
Ceased
Karumanchi Vamsi Krishna ceased to be Additional Director.
Ceased
Vijay Madduri ceased to be Additional Director.
Ceased
Ashwin Jain ceased to be Director.
Ceased
Malika Ashok Lulla ceased to be Director.
Appointed
Vijay Madduri was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Watts & Volts Mobility is an active private limited company based in Hyderabad, Telangana, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 23 January 2019 (7+ years old) and is registered under CIN U63000TG2019PTC129983.
Watts & Volts Mobility has 3 current directors:
- Vijay Madduri - Director
- Karumanchi Vamsi Krishna - Director
- Tekumalla Venkat Adithya - Director
The latest financial statements of Watts & Volts Mobility on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Watts & Volts Mobility is 36AACCW3604R1ZW, registered in Telangana.
The CIN (Corporate Identification Number) of Watts & Volts Mobility is U63000TG2019PTC129983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Watts & Volts Mobility has 2 court cases on record: 2 filed against it. 2 are pending. Most are in the district courts.
Watts & Volts Mobility was incorporated on 23 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Watts & Volts Mobility by revenue are Anc Business Solutions Private Limited, Samridhi Car Rental Private Limited, Indeanta E-Mobility Private Limited, all in the Transport and Logistics industry (Call Taxi and Radio Cab Services), with the same principal business activity (land transport via road).
Karumanchi Vamsi Krishna was appointed as Director on 01 Mar 2025. Kedarnadh Selagamsetty ceased to be Director on 01 Jun 2023. Tekumalla Venkat Adithya was appointed as Director on 29 Mar 2023. Watts & Volts Mobility has 9 board changes on record in total.
Yes, Watts & Volts Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Watts & Volts Mobility is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0115674).
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