Wave Mines Private Limited
About Wave Mines Private Limited
Data last updated:
Wave Mines Private Limited is a private limited company based in Nainital, Uttarakhand, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 11 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U14200UR2015PTC001816. Its GSTIN is 05AABCW7494G1Z1 (Uttarakhand).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin Agarwal and Pramod Agarwal.
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 C/O Rishi Kumar Painth Parao Ramnagar, Nainital, Uttarakhand, India – 244715.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.45 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹25,909 (net margin 2.7%) and EBITDA of ₹9.44 Lakh (EBITDA margin 99.9%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Wave Mines Private Limited's registered office is in Nainital, Uttarakhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Rishi Kumar Painth Parao Ramnagar, Nainital, Uttarakhand, India – 244715
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Wave Mines 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 Wave Mines is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Wave Mines Private Limited, buy the company report.
Financials of Wave Mines Private Limited
FY 2025 filings availableWave Mines Private Limited reported revenue of ₹9.45 Lakh (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 83% fall in the latest year. EBITDA fell 29% 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 |
|---|---|---|---|---|---|
| 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 | ₹9.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25,909 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.9% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Wave Mines Private Limited, buy the company report.
Board of directors of Wave Mines Private Limited
Wave Mines has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Agarwal Also directs: Devrishi Papers Private Limited, Lipi Sales Private Limited, Dev Rishi Habitat Real Estate Private Limited and 1 more | Director | 01 Jan 2021 | 5 Years 9 Months | Current |
| Pramod Agarwal Also directs: Devalokam Leisure Hotel LLP, Modern Grit Private Limited, Bhimtal Hotel Private Limited and 2 more | Director | 01 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
Wave Mines Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Visweswara Granite Industries Private Limited | ₹9.52 Lakh (FY 2023) | 391.0% | Hyderabad, Telangana, India | |||
| Shree Rishabh Stones Private Limited | ₹9.45 Lakh (FY 2024) | -43.0% | Amberi, Udaipur, Rajasthan, India | |||
| Wave Mines Private Limitedthis company | ₹9.45 Lakh (FY 2025) | ₹25,909 | 2.7% | -83.0% | Nainital, Uttarakhand, India | |
| Konni Aggregates Private Limited | ₹9.4 Lakh (FY 2025) | 59.0% | Konni, Kerala, India | |||
| Dusky Mining Private Limited | ₹9.3 Lakh (FY 2024) | 143.0% | New Delhi, Delhi, India |
To see the full peer comparison of Wave Mines Private Limited, buy the company report.
Auditor
Wave Mines Private Limited is audited by ACG & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ACG & Co. | FY 2023 | 028477N |
Shareholding
The shareholding of Wave Mines Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Wave Mines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2024 | 101016737 | Indian Bank | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Wave Mines 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 Wave Mines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wave Mines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AABCW7494G1Z1 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wave Mines Private Limited, buy the company report.
Recent activity
Wave Mines Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Pramod Agarwal ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Wave Mines is an active private limited company based in Nainital, Uttarakhand, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 11 December 2015 (11+ years old) and is registered under CIN U14200UR2015PTC001816.
Wave Mines has 2 current directors:
- Sachin Agarwal - Director
- Pramod Agarwal - Director
The latest financial statements of Wave Mines on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Wave Mines is 05AABCW7494G1Z1, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Wave Mines is U14200UR2015PTC001816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wave Mines was incorporated on 11 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Wave Mines by revenue are Visweswara Granite Industries Private Limited, Shree Rishabh Stones Private Limited, Konni Aggregates Private Limited, Dusky Mining Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Pramod Agarwal ceased to be Additional Director on 29 Sep 2023. Sachin Agarwal ceased to be Additional Director on 29 Sep 2023. Rahul Varshney ceased to be Director on 25 May 2022. Wave Mines has 6 board changes on record in total.
The registered office of Wave Mines is at CO Rishi Kumar Painth Parao Ramnagar, Nainital, Uttarakhand, India – 244715.
Wave Mines operates in the metals and minerals industry, in the mining and mineral extraction segment.
Wave Mines has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.