Wayflex Private Limited
About Wayflex Private Limited
Data last updated:
Wayflex Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 05 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U36109PN2021PTC200780. Its GSTIN is 27AACCW9509M1ZP (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹40,000. It is led by directors Krishna Ramesh Bang and Sunanda Ramesh Bang.
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 Badhe Warehouse G1 Gate No. 1 S. No. 286/1/7 Uruli Dewachi Next To Handewadi Chowk, Pune, Maharashtra, India – 411060.
As per the financials filed for FY 2025, the company reported a revenue of ₹11 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹37.07 Lakh (net margin 3.4%) and EBITDA of ₹96.97 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years.
As per MCA filings, the company has open charges of ₹6.68 Cr on record.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressBadhe Warehouse G1 Gate No. 1 S. No. 286/1/7 Uruli Dewachi Next To Handewadi Chowk, Pune, Maharashtra, India – 411060
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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
Business Activity of Wayflex Private Limited
The main business activity of Wayflex is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Wayflex Private Limited FY 2025 filings available
Wayflex Private Limited reported revenue of ₹11 Cr (up 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wayflex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 109% over three years, including 69% growth in the latest year. EBITDA rose 565% 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 Wayflex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹96.97 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.07 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 Wayflex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• |
| 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 Wayflex are in the company report.
Financial statements from FY 2022
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 Wayflex Private Limited
Wayflex Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Furniture, Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veeton Woodplast Private Limited | ₹11.07 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Mars Plywood Industries Private Limited | ₹11.05 Cr (FY 2019) | •••• | •••• | 731.0% | •••• | Kolkata, West Bengal, India |
| PNR Interior Solutions Private Limited | ₹11.04 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Bangalore, Karnataka, India |
| Jyoti Moulders Private Limited | ₹11.02 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Patna, Bihar, India |
| Monads Furniture Systems Private Limited | ₹11.01 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Chennai, Tamil Nadu, India |
| Wayflex Private Limited this company | ₹11 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Pune, Maharashtra, India |
| Om Shiv Lumbers Private Limited | ₹11 Cr (FY 2016) | •••• | •••• | -2.0% | •••• | Gandhidham, Gujarat, India |
| Agniforma Techcraft Private Limited | ₹10.98 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Ahmedabad, Gujarat, India |
| Shandar Modular Systems Private Limited | ₹10.97 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Pune, Maharashtra, India |
| Eisen Hardware Solutions Private Limited | ₹10.96 Cr (FY 2025) | •••• | •••• | 167.0% | •••• | Gundasara Ta Gondal, Gujarat, India |
| Attic Products Private Limited | ₹10.93 Cr (FY 2025) | •••• | •••• | 249.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Wayflex by revenue in the Manufacturing industry (Furniture, Wood, MDF, Particle Board and Plywood), 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 Wayflex Private Limited
Wayflex Private Limited is audited by K M Shingavi & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K M Shingavi & Co. | 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 Wayflex Private Limited
Wayflex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Ramesh Bang | Director | 05 May 2021 | 5 Years 5 Months | Current |
| Sunanda Ramesh Bang | Director | 09 Feb 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Wayflex 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 Wayflex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2025 | State Bank of India | ₹4.85 Cr | Open |
| 24 Jun 2024 | Hdfc Bank Limited | ₹1.75 Cr | Open |
| 28 Nov 2023 | Others | ₹7.93 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Wayflex Private Limited
Wayflex Private Limited has a workforce of 0 employees as of Mar 31, 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.
Recent Activity on Wayflex Private Limited
Wayflex Private Limited has 8 board changes on record since 2021: 5 appointments and 3 cessations. The latest: Adesh Pagariya ceased to be Director on 12 Feb 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wayflex 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 Wayflex 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 Wayflex 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 Wayflex Private Limited
Wayflex has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCW9509M1ZP | Maharashtra | Active | 14 Jun 2021 |
| 23AACCW9509M1ZX | Madhya Pradesh | Active | 09 Nov 2023 |
| 24AACCW9509M1ZV | Gujarat | Active | 12 Dec 2023 |
| 22AACCW9509M1ZZ | Chattisgarh | Active | 10 Jan 2024 |
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 Wayflex 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 Wayflex Private Limited
Wayflex is an active private limited company based in Pune, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 05 May 2021 (5+ years old) and is registered under CIN U36109PN2021PTC200780.
Wayflex reported revenue of ₹11 Cr for FY 2025 (up 69% YoY).
Wayflex has 2 current directors:
- Krishna Ramesh Bang - Director
- Sunanda Ramesh Bang - Director
Wayflex reported a net profit of ₹37.07 Lakh (net margin 3.4%) and EBITDA of ₹96.97 Lakh (EBITDA margin 8.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wayflex is 109% over three years. In the latest year (FY 2025) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wayflex is 27AACCW9509M1ZP, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 23AACCW9509M1ZX (Madhya Pradesh), 24AACCW9509M1ZV (Gujarat), 22AACCW9509M1ZZ (Chattisgarh).
The CIN (Corporate Identification Number) of Wayflex is U36109PN2021PTC200780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wayflex was incorporated on 05 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Wayflex by revenue are Veeton Woodplast Private Limited, Mars Plywood Industries Private Limited, PNR Interior Solutions Private Limited, Jyoti Moulders Private Limited, Monads Furniture Systems Private Limited and 5 more, all in the Manufacturing industry (Furniture, Wood, MDF, Particle Board and Plywood).
Adesh Pagariya ceased to be Director on 12 Feb 2024. Sunanda Ramesh Bang was appointed as Director on 09 Feb 2024. Ankesh Bramhdev Tiwari ceased to be Director on 05 Jan 2022. Wayflex has 8 board changes on record in total.
The registered office of Wayflex is at Badhe Warehouse G1 Gate No. 1 S. No. 28617 Uruli Dewachi Next To Handewadi Chowk, Pune, Maharashtra, India – 411060.