About Waystar Webexcellence Private Limited
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Waystar Webexcellence Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2019PTC047531. Its GSTIN is 23AACCW3534E1ZP (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dinesh Bagvan and Shiv Narayan Shivhare.
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 223 Sunrise Tower 579 M.G. Road, Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.01 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Lakh (net margin -2.9%) and EBITDA of -₹1.45 Lakh (EBITDA margin -2.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website webexcellence.co.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address223 Sunrise Tower 579 M.G. Road, Indore, Madhya Pradesh, India – 452003
- 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
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Business Activity of Waystar Webexcellence Private Limited
The main business activity of Waystar Webexcellence is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | 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 Waystar Webexcellence Private Limited FY 2025 filings available
Waystar Webexcellence Private Limited reported revenue of ₹56.01 Lakh (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Waystar Webexcellence Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 16% growth in the latest year. EBITDA fell 734% 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 Waystar Webexcellence 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 | -₹1.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.6 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 Waystar Webexcellence Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.9% | •••• | •••• | •••• | •••• |
| 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 Waystar Webexcellence are in the company report.
Financial statements from FY 2019
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 Waystar Webexcellence Private Limited
Waystar Webexcellence Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Culture Os Technologies Private Limited | ₹56.03 Lakh (FY 2025) | •••• | •••• | 134.0% | •••• | Gurugram, Haryana, India |
| Technoapp Solution Private Limited | ₹56.02 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Surat, Gujarat, India |
| Iss Infotech Private Limited | ₹56.02 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Lucknow, Uttar Pradesh, India |
| Sincx Technologies Private Limited | ₹56.02 Lakh (FY 2025) | •••• | •••• | 134.0% | •••• | Delhi, India |
| Virtualgig Solution Private Limited | ₹56.01 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Teonthar, Madhya Pradesh, India |
| Waystar Webexcellence Private Limited this company | ₹56.01 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | Indore, Madhya Pradesh, India |
| Leisure Play Private Limited | ₹56 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Galaxy Data Solutions Private Limited | ₹56 Lakh (FY 2021) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| USA Infotech Advisors Private Limited | ₹55.98 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Vishvasta Private Limited | ₹55.98 Lakh (FY 2024) | •••• | •••• | 24.0% | •••• | Pratapgarh, Rajasthan, India |
| Sirsonite Solutions Private Limited | ₹55.97 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Waystar Webexcellence by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Waystar Webexcellence Private Limited
Waystar Webexcellence Private Limited is audited by NEELESH JAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NEELESH JAIN & 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 Waystar Webexcellence Private Limited
Waystar Webexcellence has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Bagvan | Director | 15 Jan 2019 | 7 Years 8 Months | Current |
| Shiv Narayan Shivhare | Director | 15 Jan 2019 | 7 Years 8 Months | Current |
| Sachin Goyal | Director | 15 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Waystar Webexcellence 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 Waystar Webexcellence Private Limited
Waystar Webexcellence Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Waystar Webexcellence Private Limited
Employment history and EPFO contributions of people linked to Waystar Webexcellence.
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 Waystar Webexcellence Private Limited
Waystar Webexcellence Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Dinesh Bagvan was appointed as Director on 15 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Waystar Webexcellence 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 Waystar Webexcellence 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 Waystar Webexcellence 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 Waystar Webexcellence Private Limited
Waystar Webexcellence has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCW3534E1ZP | Madhya Pradesh | Active | 15 Oct 2019 |
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 Waystar Webexcellence 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 Waystar Webexcellence Private Limited
Waystar Webexcellence is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 January 2019 (7+ years old) and is registered under CIN U72900MP2019PTC047531.
Waystar Webexcellence reported revenue of ₹56.01 Lakh for FY 2024 (up 16% YoY).
Waystar Webexcellence has 3 current directors:
- Dinesh Bagvan - Director
- Shiv Narayan Shivhare - Director
- Sachin Goyal - Director
Waystar Webexcellence reported a net loss of ₹1.6 Lakh (net margin -2.9%) and EBITDA of -₹1.45 Lakh (EBITDA margin -2.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Waystar Webexcellence is 21% over three years. In the latest year (FY 2024) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Waystar Webexcellence is 23AACCW3534E1ZP, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Waystar Webexcellence is U72900MP2019PTC047531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waystar Webexcellence was incorporated on 15 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Waystar Webexcellence by revenue are Culture Os Technologies Private Limited, Technoapp Solution Private Limited, Iss Infotech Private Limited, Sincx Technologies Private Limited, Virtualgig Solution Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Dinesh Bagvan was appointed as Director on 15 Jan 2019. Sachin Goyal was appointed as Director on 15 Jan 2019. Shiv Narayan Shivhare was appointed as Director on 15 Jan 2019.
Waystar Webexcellence can be reached through the website webexcellence.co.in. Its registered office is in Indore, Madhya Pradesh, India.