About Waves Strategy Services Private Limited
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Waves Strategy Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 15 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2012PTC232237. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Kyal Harishankar (Managing Director) and Somesh Harishankar Kyal.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 413 A – Wing Express Zone Western Express Highway Near Oberoi Mall Malad East, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.64 Lakh, a growth of 142% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Lakh (net margin 12.7%) and EBITDA of ₹2.59 Lakh (EBITDA margin 19%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
The company is associated with 1 brand: Waves Strategy.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wavesstrategy.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address413 A – Wing Express Zone Western Express Highway Near Oberoi Mall Malad East, Mumbai, Maharashtra, India – 400097
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Associated Brands with Waves Strategy Services Private Limited
Waves Strategy Services operates one associated brand: Waves Strategy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial research and trading advisory services are provided by Waves Strategy Advisors in the stock market sector. | wavesstrategy.com |
Business Activity of Waves Strategy Services Private Limited
The main business activity of Waves Strategy Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Waves Strategy Services Private Limited FY 2025 filings available
Waves Strategy Services Private Limited reported revenue of ₹13.64 Lakh (up 142% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Waves Strategy Services Private Limited
Revenue rose 142% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 66% 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 Waves Strategy Services Private Limited
| 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 | ₹2.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.73 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 of Waves Strategy Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Waves Strategy Services 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.
Board of Directors of Waves Strategy Services Private Limited
Waves Strategy Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kyal Harishankar | Managing Director | 15 Jun 2012 | 14 Years 4 Months | Current |
| Somesh Harishankar Kyal | Director | 15 Jun 2012 | 14 Years 4 Months | Current |
Peer Comparison of Waves Strategy Services Private Limited
Waves Strategy Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ar Accounting Solutions Private Limited | ₹13.64 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Ludhiana, Punjab, India |
| Shailaja Agencies Private Limited | ₹13.64 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Pert Consultants Limited | ₹13.64 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| R. P. Gupta Engineers Private Limited | ₹13.64 Lakh (FY 2025) | •••• | •••• | 14058.0% | •••• | New Delhi, Delhi, India |
| Chanakya Hotels Private Ltd. | ₹13.64 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Waves Strategy Services Private Limited this company | ₹13.64 Lakh (FY 2025) | •••• | •••• | 142.0% | •••• | Mumbai, Maharashtra, India |
| Solrex Technologies Private Limited | ₹13.63 Lakh (FY 2024) | •••• | •••• | 164.0% | •••• | Delhi, India |
| Double Ace Consultancy Private Limited | ₹13.62 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Gurugram, Haryana, India |
| Asian Bridge Consulting Private Limited | ₹13.62 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Pune, Maharashtra, India |
| Frametrics Consulting Private Limited | ₹13.62 Lakh (FY 2024) | •••• | •••• | -94.0% | •••• | New Delhi, Delhi, India |
| Optimistic Concepts Entertainment Private Limited | ₹13.62 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Waves Strategy Services by revenue in the Outsourcing industry (Consulting Services), 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 Waves Strategy Services Private Limited
Waves Strategy Services Private Limited is audited by G.R.MODI AND COMPANY for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G.R.MODI AND COMPANY | 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.
Ownership and Shareholding of Waves Strategy Services 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 Waves Strategy Services Private Limited
Waves Strategy Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Waves Strategy Services Private Limited
Employment history and EPFO contributions of people linked to Waves Strategy Services.
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.
Recent Activity on Waves Strategy Services Private Limited
Waves Strategy Services Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Ashish Kyal Harishankar was appointed as Managing Director on 15 Jun 2012.
Credit Ratings, Litigation & Regulatory Alerts for Waves Strategy Services 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 Waves Strategy Services 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Waves Strategy Services 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 Waves Strategy Services Private Limited
Waves Strategy Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Waves Strategy Services 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 Waves Strategy Services Private Limited
Waves Strategy Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 15 June 2012 (14+ years old) and is registered under CIN U67190MH2012PTC232237.
Waves Strategy Services reported revenue of ₹13.64 Lakh for FY 2025 (up 142% YoY).
Waves Strategy Services has 2 current directors:
- Ashish Kyal Harishankar - Managing Director
- Somesh Harishankar Kyal - Director
Waves Strategy Services reported a net profit of ₹1.73 Lakh (net margin 12.7%) and EBITDA of ₹2.59 Lakh (EBITDA margin 19%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Waves Strategy Services is -4% over three years and -7% over five years. In the latest year (FY 2025) revenue rose 142%. CAGR is the steady yearly rate that links the first and the last year.
No. Waves Strategy Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Waves Strategy Services is U67190MH2012PTC232237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waves Strategy Services was incorporated on 15 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Waves Strategy Services by revenue are Ar Accounting Solutions Private Limited, Shailaja Agencies Private Limited, Pert Consultants Limited, R. P. Gupta Engineers Private Limited, Chanakya Hotels Private Ltd. and 5 more, all in the Outsourcing industry (Consulting Services).
Ashish Kyal Harishankar was appointed as Managing Director on 15 Jun 2012. Somesh Harishankar Kyal was appointed as Director on 15 Jun 2012.
Waves Strategy Services can be reached through the website wavesstrategy.com. Its registered office is in Mumbai, Maharashtra, India.