MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0126808
Waveaxis Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.03 Cr
▲ 11% YoY
Net profit · FY 2024
₹25.68 Lakh
Net margin 3.7%
EBITDA · FY 2024
₹40.44 Lakh
EBITDA margin 5.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
61
Provident fund records
Directors on board
3
As per MCA filings
About Waveaxis Technologies Private Limited
Data last updated:
Waveaxis Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC041537. Its GSTIN is 29AAACW6874H1ZS (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sadia Irum Hussain (Whole-Time Director) and Yafoor Mohamed Hussain.
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 No 53/3 Vakil Square 6th Floor Bannerghatta Main Road Gurupanpalya, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.03 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹25.68 Lakh (net margin 3.7%) and EBITDA of ₹40.44 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 31% over five years.
The company has about 61 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Waveaxis.
Waveaxis Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0126808). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waveaxis.com.
Company details
CIN U72200KA2007PTC041537
Registration Number 041537
Incorporation Date 22 January 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0126808
Key People
Sadia Irum Hussain Whole-Time Director Yafoor Mohamed Hussain Director Mohamed Hussain Moqbool Director Recognitions & Rankings of Waveaxis Technologies
Contact details
Waveaxis Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is waveaxis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 53/3 Vakil Square 6th Floor Bannerghatta Main Road Gurupanpalya, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Waveaxis Technologies Private Limited, buy the company report.
Comprehensive company report
Waveaxis Technologies 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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Brands
Waveaxis Technologies operates one associated brand: Waveaxis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive software development and cloud solutions for businesses. | waveaxis.com |
Business activity
The main business activities of Waveaxis Technologies are information and communication and manufacturing. In detail, this covers other information & communication service activities and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Waveaxis Technologies Private Limited, buy the company report.
Financials of Waveaxis Technologies Private Limited
FY 2024 filings availableWaveaxis Technologies Private Limited reported revenue of ₹7.03 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹7.03 Cr ▲ 11%
Net profit · FY 2024
₹25.68 Lakh margin 3.7%
EBITDA · FY 2024
₹40.44 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 39%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 234%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 11% growth in the latest year. EBITDA rose 32% 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 | ₹40.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.68 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.8% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Waveaxis Technologies Private Limited, buy the company report.
Board of directors of Waveaxis Technologies Private Limited
Waveaxis Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yafoor Mohamed Hussain Also directs: Wavemv Solutions Private Limited | Director | 22 Jan 2007 | 19 Years 9 Months | Current |
| Mohamed Hussain Moqbool Also directs: Wavemv Solutions Private Limited | Director | 04 Sep 2015 | 11 Years 2 Months | Current |
| Sadia Irum Hussain Also directs: Wavemv Solutions Private Limited | Whole-Time Director | 22 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Waveaxis Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Splenta Systems Private Limited | ₹7.07 Cr (FY 2025) | -48.0% | Bangalore, Karnataka, India | |||
| Cyrus Marketing and Communications Private Limited | ₹7.06 Cr (FY 2025) | -39.0% | Chandigarh, India | |||
| Ict Health Technology Services India Private Limited | ₹7.03 Cr (FY 2024) | 12.0% | Bengaluru, Karnataka, India | |||
| Waveaxis Technologies Private Limitedthis company | ₹7.03 Cr (FY 2024) | ₹25.68 Lakh | 3.7% | 11.0% | 61 | Bangalore, Karnataka, India |
| Blockcube Technology Limited | ₹6.96 Cr (FY 2024) | -23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Waveaxis Technologies Private Limited, buy the company report.
Auditor
Waveaxis Technologies Private Limited is audited by ASLAM PASHA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASLAM PASHA | FY 2023 | 229105 |
Shareholding
The shareholding of Waveaxis Technologies 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 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Waveaxis Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Waveaxis Technologies 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
Waveaxis Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending May 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Login Infotech Private Limited |
To see the full MSME payment records of Waveaxis Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Waveaxis Technologies Private Limited has a workforce of 61 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
61
Active EPFO establishments
1
GST
Waveaxis Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW6874H1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Waveaxis Technologies Private Limited, buy the company report.
Recent activity
Waveaxis Technologies Private Limited has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Mohamed Hussain Moqbool was appointed as Director on 04 Sep 2015.
AGM
Waveaxis Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Waveaxis Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Mohamed Hussain Moqbool was appointed as Director.
Appointed
Sadia Irum Hussain was appointed as Whole-Time Director.
Ceased
Zaid Mohamed Hussain ceased to be Managing Director.
Appointed
Yafoor Mohamed Hussain was appointed as Director.
Appointed
Zaid Mohamed Hussain was appointed as Managing Director.
Incorporation
22 Jan 2007
Waveaxis Technologies Private Limited was registered on 22 Jan 2007 with Roc Bangalore & aged 19 years 9 months as per MCA records.
Frequently asked questions
Waveaxis Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 January 2007 (19+ years old) and is registered under CIN U72200KA2007PTC041537.
Waveaxis Technologies has 3 current directors:
- Sadia Irum Hussain - Whole-Time Director
- Yafoor Mohamed Hussain - Director
- Mohamed Hussain Moqbool - Director
The latest financial statements of Waveaxis Technologies 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 Waveaxis Technologies is 29AAACW6874H1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Waveaxis Technologies is U72200KA2007PTC041537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waveaxis Technologies was incorporated on 22 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Waveaxis Technologies by revenue are Splenta Systems Private Limited, Cyrus Marketing and Communications Private Limited, Ict Health Technology Services India Private Limited, Blockcube Technology Limited, all in the Information Technology industry (Application Development), with the same principal business activity (other information & communication service activities).
Mohamed Hussain Moqbool was appointed as Director on 04 Sep 2015. Sadia Irum Hussain was appointed as Whole-Time Director on 22 Mar 2013. Zaid Mohamed Hussain ceased to be Managing Director on 22 Mar 2013. Waveaxis Technologies has 5 board changes on record in total.
Yes, Waveaxis Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0126808).
Waveaxis Technologies has 2 MSME Form 1 returns on record for the period ending May 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 07 May 2019.
Waveaxis Technologies can be reached through the website waveaxis.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Waveaxis Technologies is at No 533 Vakil Square 6th Floor Bannerghatta Main Road Gurupanpalya, Bangalore, Karnataka, India – 560029.
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