We Create Infotech Private Limited

We Create Infotech Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2015PTC269319 Incorporated 16 October 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹20.38 Lakh
▼ 91% YoY
Net loss · FY 2024
₹49.29 Lakh
Net margin -241.9%
EBITDA · FY 2024
-₹40.15 Lakh
EBITDA margin -197%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About We Create Infotech Private Limited

Data last updated:

We Create Infotech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 October 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2015PTC269319. Its GSTIN is 27AABCW7147E1Z9 (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Justin Ethelwin Fernandes and Ethelwin Dhanraj Thomas.

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 A – 202 Shubham Centre No:1 Chakala Andheri East, Mumbai, Maharashtra, India – 400093.

As per the financials filed for FY 2024, the company reported a revenue of ₹20.38 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹49.29 Lakh (net margin -241.9%) and EBITDA of -₹40.15 Lakh (EBITDA margin -197%). Revenue has grown at a compounded annual rate (CAGR) of 191% over three years.

Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of We Create Infotech Private Limited
CIN U72900MH2015PTC269319
Registration Number 269319
Incorporation Date 16 October 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    A – 202 Shubham Centre No:1 Chakala Andheri East, Mumbai, Maharashtra, India – 400093
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for We Create Infotech Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of We Create Infotech Private Limited

The main business activity of We Create Infotech is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of We Create Infotech Private Limited

We Create Infotech Private Limited is audited by CHARLES & CHANDRASEKAR for the financial year 2021.

NameStatusAppointment DateCessation Date
CHARLES & CHANDRASEKARLockedLockedLocked
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Board of Directors of We Create Infotech Private Limited

We Create Infotech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Justin Ethelwin FernandesDirector16 Oct 201510 Years 11 MonthsCurrent
Ethelwin Dhanraj ThomasDirector07 Nov 20205 Years 10 MonthsCurrent

Financials of We Create Infotech Private Limited FY 2024 filings available

We Create Infotech Private Limited reported revenue of ₹20.38 Lakh (down 91% YoY) for FY 2024.

Revenue · FY 2024
₹20.38 Lakh ▼ 91%
Net loss · FY 2024
₹49.29 Lakh margin -241.9%
EBITDA · FY 2024
-₹40.15 Lakh margin -197%

Compounded Annual Growth Rate (CAGR) of We Create Infotech Private Limited

Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▲ 191%
EBITDA CAGR growth
1 year
▼ 377%
3 years · compounded
▼ 418%
5 years · compounded
▼ 265%

Revenue fell 91% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 191%. EBITDA fell 377% 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 We Create Infotech Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹40.15 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹49.29 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 We Create Infotech Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-197%••••••••••••••••
Net Profit Margin-241.9%••••••••••••••••
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 We Create Infotech are in the company report.

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Financial statements from FY 2016

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Ownership and Shareholding of We Create Infotech Private Limited

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Charges & Borrowings of We Create Infotech Private Limited

We Create Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at We Create Infotech Private Limited

Employment history and EPFO contributions of people linked to We Create Infotech.

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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of We Create Infotech Private Limited

We Create Infotech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCW7147E1Z9MaharashtraActive28 Dec 2020
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Credit Ratings, Litigation & Regulatory Alerts for We Create Infotech Private Limited

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MSME Payment Delays by We Create Infotech Private Limited

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Subsidiaries & Group Companies of We Create Infotech Private Limited

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MCA Filings & Documents of We Create Infotech Private Limited

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Recent Activity on We Create Infotech Private Limited

Activity
30 Sep 2024
We Create Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
We Create Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Directors
07 Nov 2020
Ethelwin Dhanraj Thomas was appointed as a Director on 07 Nov 2020 & has been associated with this company since 5 years 10 months.
Directors
16 Oct 2015
Justin Ethelwin Fernandes was appointed as a Director on 16 Oct 2015 & has been associated with this company since 10 years 11 months.
Activity
16 Oct 2015
We Create Infotech Private Limited was registered on 16 Oct 2015 with Roc Mumbai I & aged 10 years 11 months as per MCA records.

Frequently Asked Questions about We Create Infotech Private Limited

We Create Infotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 October 2015 (11+ years old) and is registered under CIN U72900MH2015PTC269319.

We Create Infotech reported revenue of ₹20.38 Lakh for FY 2024 (down 91% YoY).

We Create Infotech has 2 current directors:

We Create Infotech reported a net loss of ₹49.29 Lakh (net margin -241.9%) and EBITDA of -₹40.15 Lakh (EBITDA margin -197%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of We Create Infotech is 191% over three years. In the latest year (FY 2024) revenue fell 91%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of We Create Infotech is 27AABCW7147E1Z9, registered in Maharashtra.

The CIN (Corporate Identification Number) of We Create Infotech is U72900MH2015PTC269319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

We Create Infotech has 1 court case on record: 1 filed by the company. 1 is pending.

We Create Infotech was incorporated on 16 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

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