DPIIT recognised startup Government of India
Startup India
Wemake Solutions Private Limited - healthcare in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.9 Cr
▲ 24% YoY
Net profit · FY 2024
₹10.88 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹53.95 Lakh
EBITDA margin 7.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹3.47 Cr
Satisfied ₹1.83 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
22
Provident fund records
About Wemake Solutions Private Limited
Data last updated:
Wemake Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 05 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2017PTC118451. Its GSTIN is 33AACCW0716E1ZU (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Pandurangam Jagannathan (Managing Director) and Swathika Ravi.
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. Xxi Mahalakshmi Nagar Vazhudhalambedu Kundrathur, Chennai, Tamil Nadu, India – 600069.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.9 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹10.88 Lakh (net margin 1.6%) and EBITDA of ₹53.95 Lakh (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 26% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wemake Solutions Pvt Ltd. As per MCA filings, the company has open charges of ₹3.47 Cr and satisfied charges of ₹1.83 Cr on record.
Wemake Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0011945). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wemakesystems.com.
Company Details of Wemake Solutions Private Limited
CIN U29309TN2017PTC118451
Registration Number 118451
Incorporation Date 05 September 2017
ROC Chennai
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
MSME Classification Small
Udyam Registration UDYAM-TN-08-0011945
Recognitions & Rankings of Wemake Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0011945
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. Xxi Mahalakshmi Nagar Vazhudhalambedu Kundrathur, Chennai, Tamil Nadu, India – 600069
- IndustryHealthcare, Medical & Laboratory Equipment
Comprehensive company report
Wemake Solutions 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Wemake Solutions Private Limited
Wemake Solutions operates one associated brand: WEMAKE SOLUTIONS PVT LTD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of medical equipment and accessories in the healthcare sector. | wemakesystems.com |
Business Activity of Wemake Solutions Private Limited
The main business activity of Wemake Solutions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Premium access
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 Wemake Solutions Private Limited FY 2024 filings available
Wemake Solutions Private Limited reported revenue of ₹6.9 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹6.9 Cr ▲ 24%
Net profit · FY 2024
₹10.88 Lakh margin 1.6%
EBITDA · FY 2024
₹53.95 Lakh margin 7.8%
Compounded Annual Growth Rate (CAGR) of Wemake Solutions Private Limited
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 16%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 32%
5 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 24% growth in the latest year. EBITDA rose 33% 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 Wemake Solutions 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 | ₹53.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.88 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 Wemake Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Wemake Solutions are in the company report.
Premium access
Financial statements from FY 2018
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 Wemake Solutions Private Limited
Wemake Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pandurangam Jagannathan | Managing Director | 05 Sep 2017 | 9 Years 1 Months | Current |
| Swathika Ravi | Director | 05 Sep 2017 | 9 Years 1 Months | Current |
| Sasikala | Director | 23 Sep 2021 | 5 Years 0 Months | Current |
Peer Comparison of Wemake Solutions Private Limited
Wemake Solutions Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akshat Bio Medicals Private Limited | ₹7.04 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Jaipur, Rajasthan, India |
| Serachem Diagnostic India Private Limited | ₹7.04 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kurukshetra, Haryana, India |
| Clinix Intelligent Medical Systems Private Limited | ₹7.01 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Medister Infection Control Systems Private Limited | ₹6.98 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Ortech Textiles Private Limited | ₹6.95 Cr (FY 2025) | •••• | •••• | 1917.0% | •••• | Mohali, Punjab, India |
| Wemake Solutions Private Limited this company | ₹6.9 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Health Bridge Mediwise Private Limited | ₹6.9 Cr (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Jana Med Tech Private Limited | ₹6.88 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Kansal Medical Systems Private Limited | ₹6.87 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Raipur, Chhattisgarh, India |
| Amar Surgicare Private Limited | ₹6.82 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Vadodara, Gujarat, India |
| Shakti Orthopaedic Industries Private Limited | ₹6.81 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Wemake Solutions by revenue in the Healthcare industry (Medical and Laboratory Equipment), 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 Wemake Solutions Private Limited
Wemake Solutions Private Limited is audited by sridevi mani for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| sridevi mani | Locked | Locked | Locked |
Premium access
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 Wemake Solutions Private Limited
Premium access
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 Wemake Solutions Private Limited
Open charges
₹3.47 Cr
Satisfied charges
₹1.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2024 | Others | ₹1.5 Cr | Open |
| 24 May 2024 | Others | ₹54.5 Lakh | Open |
| 03 May 2023 | Sidbi | ₹35.18 Lakh | Open |
| 06 Dec 2021 | City Union Bank Limited | ₹90 Lakh | Open |
| 20 Apr 2020 | Sidbi | ₹17.7 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Wemake Solutions Private Limited
Wemake Solutions Private Limited has a workforce of 22 employees as of Mar 27, 2024.
Employee count
22
Active EPFO establishments
1
Employee growth
4.76%
Premium access
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 Wemake Solutions Private Limited
Wemake Solutions Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Sasikala was appointed as Director on 23 Sep 2021.
AGM
Wemake Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100957225 was registered on 27 Jun 2024.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100956240 was registered on 24 May 2024.
Filing
Wemake Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 09 Aug 2021 via Charge ID 100467653 with Others was fully satisfied on 14 Dec 2023.
Charges
A charge with Sidbi amounted to Rs. 0.35 Cr with Charge ID 100720421 was registered on 03 May 2023.
Charges
A charge registered on 02 Feb 2021 via Charge ID 100438143 with City Union Bank Limited was fully satisfied on 26 Jan 2022.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100526101 was registered on 06 Dec 2021.
Appointed
Sasikala was appointed as Director.
Charges
A charge with City Union Bank Limited of Rs. 1.42 Cr registered on 02 Feb 2021 with Charge ID 100438143 was modified on 01 Sep 2021.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100467653 was registered on 09 Aug 2021.
Charges
A charge with City Union Bank Limited amounted to Rs. 1.42 Cr with Charge ID 100438143 was registered on 02 Feb 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wemake Solutions Private Limited
Premium access
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 Wemake Solutions Private Limited
Premium access
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 Wemake Solutions Private Limited
Premium access
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 Wemake Solutions Private Limited
Wemake Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCW0716E1ZU | Tamil Nadu | Active | 21 Nov 2017 |
Premium access
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 Wemake Solutions Private Limited
Premium access
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 Wemake Solutions Private Limited
Wemake Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 05 September 2017 (9+ years old) and is registered under CIN U29309TN2017PTC118451.
Wemake Solutions reported revenue of ₹6.9 Cr for FY 2024 (up 24% YoY).
Wemake Solutions has 3 current directors:
- Pandurangam Jagannathan - Managing Director
- Swathika Ravi - Director
- Sasikala - Director
Wemake Solutions reported a net profit of ₹10.88 Lakh (net margin 1.6%) and EBITDA of ₹53.95 Lakh (EBITDA margin 7.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wemake Solutions is -16% over three years and 26% over five years. In the latest year (FY 2024) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wemake Solutions is 33AACCW0716E1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Wemake Solutions is U29309TN2017PTC118451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wemake Solutions was incorporated on 05 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Wemake Solutions by revenue are Akshat Bio Medicals Private Limited, Serachem Diagnostic India Private Limited, Clinix Intelligent Medical Systems Private Limited, Medister Infection Control Systems Private Limited, Ortech Textiles Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment).
Sasikala was appointed as Director on 23 Sep 2021. Pandurangam Jagannathan was appointed as Managing Director on 05 Sep 2017. Swathika Ravi was appointed as Director on 05 Sep 2017.
Yes, Wemake Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).