About Wave Crest Payment Technology Private Limited
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Wave Crest Payment Technology Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Wave Crest Group Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72400TG2011PTC073747. Its GSTIN is 36AABCW0832A1ZW (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It is led by directors including Rathi Ahuja and Alistair David Miles Morgan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor N Heights Plot No.38 Phase 2 Hitech City, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.17 Lakh. For the same year it recorded a net loss of ₹1.66 Cr and EBITDA of -₹1.64 Cr. Revenue has declined at a compounded annual rate (CAGR) of 60% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wavecrest.gi.
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- Registered Address6th Floor N Heights Plot No.38 Phase 2 Hitech City, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Financials of Wave Crest Payment Technology Private Limited FY 2025 filings available
Wave Crest Payment Technology Private Limited reported revenue of ₹12.17 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR) of Wave Crest Payment Technology Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years. EBITDA fell 85% 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 Wave Crest Payment Technology Private Limited
| 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 | -₹1.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.66 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 Wave Crest Payment Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Wave Crest Payment Technology are in the company report.
Financial statements from 2015
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 Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marqset Branding Private Limited | ₹12.26 Lakh (FY 2025) | •••• | •••• | 302.0% | •••• | Satara, Maharashtra, India |
| Appdrive Technologies Private Limited | ₹12.26 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Delhi, India |
| Airi Consultancy Services Private Limited | ₹12.24 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Jaipur, Rajasthan, India |
| Conexstra Technologies Private Limited | ₹12.23 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Pune, Maharashtra, India |
| NKB Software Solutions Private Limited | ₹12.23 Lakh (FY 2024) | •••• | •••• | -72.0% | •••• | New Delhi, Delhi, India |
| Wave Crest Payment Technology Private Limited this company | ₹12.17 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Ediverse Technologies Private Limited | ₹12.16 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Lucknow, Uttar Pradesh, India |
| Trinisoft Technologies Private Limited | ₹12.16 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Ahmedabad, Gujarat, India |
| Ecomscience Consulting Private Limited | ₹12.15 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Crisro Solutions Private Limited | ₹12.13 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Pune, Maharashtra, India |
| Gruzen Innovations Private Limited | ₹12.12 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Wave Crest Payment Technology by revenue in the Information Technology industry (Application Development), 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 Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology Private Limited is audited by S S SRAVAN & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S SRAVAN & ASSOCIATES | 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 Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rathi Ahuja | Director | 14 Oct 2022 | 3 Years 11 Months | Current |
| Alistair David Miles Morgan | Director | 20 Oct 2022 | 3 Years 11 Months | Current |
| John Alfred Henry Racine | Director | 19 May 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Wave Crest Payment Technology 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 Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Court case (ITTA) | Filed against the company by Principal Commissioner of Income Tax-2 | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology Private Limited has a workforce of 8 employees as of Mar 30, 2024.
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.
CIN History of Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology has one previous CIN (Corporate Identification Number): U72400AP2011PTC073747. The current CIN is U72400TG2011PTC073747, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72400TG2011PTC073747 | Current |
| U72400AP2011PTC073747 | Previous |
Recent Activity on Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Alistair David Miles Morgan ceased to be Additional Director on 28 Sep 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wave Crest Payment Technology 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 Wave Crest Payment Technology 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
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Subsidiaries & Group Companies of Wave Crest Payment Technology 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 Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCW0832A1ZW | Telangana | Active | 01 Jul 2017 |
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 Wave Crest Payment Technology 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 Wave Crest Payment Technology Private Limited
Wave Crest Payment Technology is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 April 2011 (15+ years old) and is registered under CIN U72400TG2011PTC073747.
Wave Crest Payment Technology reported revenue of ₹12.17 Lakh for FY 2024.
Wave Crest Payment Technology has 3 current directors:
- Rathi Ahuja - Director
- Alistair David Miles Morgan - Director
- John Alfred Henry Racine - Director
Wave Crest Payment Technology reported a net loss of ₹1.66 Cr and EBITDA of -₹1.64 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wave Crest Payment Technology is -60% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wave Crest Payment Technology is 36AABCW0832A1ZW, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Wave Crest Payment Technology is U72400TG2011PTC073747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wave Crest Payment Technology has 1 court case on record: 1 filed against it. 1 is pending.
Wave Crest Payment Technology was incorporated on 07 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Wave Crest Payment Technology by revenue are Marqset Branding Private Limited, Appdrive Technologies Private Limited, Airi Consultancy Services Private Limited, Conexstra Technologies Private Limited, NKB Software Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Alistair David Miles Morgan ceased to be Additional Director on 28 Sep 2023. Rathi Ahuja ceased to be Additional Director on 28 Sep 2023. Alistair David Miles Morgan was appointed as Director on 20 Oct 2022. Wave Crest Payment Technology has 13 board changes on record in total.