About Wey Technology India Private Limited
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Wey Technology India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Wey Group Ag. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 30 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72500MH2008PTC182873. Its GSTIN is 27AAACW7904N1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.95 Lakh. It is led by directors including Rajiv Bhalla (Managing Director) and Jayant Patil.
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 901 Damji Shamji Business Galleria L.B.S Road 9th Floor Landmark Dmart Kanjurmarg, Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.14 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Cr (net margin 10.1%) and EBITDA of ₹2.75 Cr (EBITDA margin 14.4%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 2% over five years.
The company is associated with 1 brand: Weytec. As per MCA filings, the company has open charges of ₹52.53 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weytec.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address901 Damji Shamji Business Galleria L.B.S Road 9th Floor Landmark Dmart Kanjurmarg, Mumbai, Maharashtra, India – 400078
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Wey Technology India Private Limited
The main business activities of Wey Technology India are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Wey Technology India Private Limited FY 2024 filings available
Wey Technology India Private Limited reported revenue of ₹19.14 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wey Technology India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 38% fall in the latest year. EBITDA fell 5% 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 Wey Technology India 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 | ₹2.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.93 Cr | •••• | •••• | •••• | •••• |
| 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 Wey Technology India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.1% | •••• | •••• | •••• | •••• |
| 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 Wey Technology India 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.
Peer Comparison of Wey Technology India Private Limited
Wey Technology India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infospark Tech - Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Addonix Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Starmax Infotech Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Livegage Technology Services Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| SB Photo Lab Needs Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Wey Technology India Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| R.P.Abacus Netcomm Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Nisarga Information Technology Solutions Private Limited | •••• | •••• | •••• | •••• | 13 | Hyderabad, Telangana, India |
| Fricap Security Private Limited | •••• | •••• | •••• | •••• | 53 | New Delhi, Delhi, India |
| Itorizon India Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| B and J Digital India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Wey Technology India by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Wey Technology India Private Limited
Wey Technology India Private Limited is audited by CHANDRATRE & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDRATRE & 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 Wey Technology India Private Limited
Wey Technology India has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Patil | Director | 03 Jun 2008 | 18 Years 4 Months | Current |
| Rajiv Bhalla | Managing Director | 20 May 2024 | 2 Years 4 Months | Current |
| Giuseppe Zaccaria | Director | 01 Nov 2010 | 15 Years 11 Months | Current |
| Armin Klingler | Director | 01 Feb 2010 | 16 Years 8 Months | Current |
| Mario Okle | Director | 01 Feb 2010 | 16 Years 8 Months | Current |
| Ashok Ramlal Vishwakarma | Director | 30 May 2008 | 18 Years 4 Months | Current |
Ownership and Shareholding of Wey Technology India 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 Wey Technology India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2022 | Others | ₹52.53 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Wey Technology India Private Limited
Wey Technology India operates one associated brand: WEYTEC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides efficient ergonomic solutions for control rooms and trading floors globally. | weytec.com |
Employees and EPFO Compliance at Wey Technology India Private Limited
Employment history and EPFO contributions of people linked to Wey Technology India.
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 Wey Technology India Private Limited
Wey Technology India Private Limited has 12 board changes on record since 2008: 6 appointments and 6 cessations. The latest: Rajiv Bhalla was appointed as Managing Director on 20 May 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wey Technology India 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 Wey Technology India 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 Wey Technology India 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 Wey Technology India Private Limited
Wey Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW7904N1ZU | Maharashtra | Active | 01 Jul 2017 |
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 Wey Technology India 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 Wey Technology India Private Limited
Wey Technology India is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 30 May 2008 (18+ years old) and is registered under CIN U72500MH2008PTC182873.
Wey Technology India reported revenue of ₹19.14 Cr for FY 2025 (down 38% YoY).
Wey Technology India has 6 current directors:
- Rajiv Bhalla - Managing Director
- Jayant Patil - Director
- Giuseppe Zaccaria - Director
- Armin Klingler - Director
- Mario Okle - Director
- Ashok Ramlal Vishwakarma - Director
Wey Technology India reported a net profit of ₹1.93 Cr (net margin 10.1%) and EBITDA of ₹2.75 Cr (EBITDA margin 14.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wey Technology India is 50% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wey Technology India is 27AAACW7904N1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wey Technology India is U72500MH2008PTC182873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wey Technology India was incorporated on 30 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Wey Technology India by revenue are Infospark Tech - Solutions Private Limited, Addonix Technologies Private Limited, Starmax Infotech Private Limited, Livegage Technology Services Private Limited, SB Photo Lab Needs Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Rajiv Bhalla was appointed as Managing Director on 20 May 2024. Rajiv Bhalla ceased to be Additional Director on 20 May 2024. Giuseppe Zaccaria ceased to be Additional Director on 30 Sep 2011. Wey Technology India has 12 board changes on record in total.
Wey Technology India can be reached through the website weytec.com. Its registered office is in Mumbai, Maharashtra, India.