About WGT Solutions Private Limited
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WGT Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the building installation services segment of the construction sector. It was incorporated on 20 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45309MH2020PTC342255. Its GSTIN is 27AACCW6883E1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chanaksha Sudhakar Karanjavkar and Ganesh Shankar Wadkar.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A/12 4th Floor Dahisar Sai Sadan Chs Ltd Shiv Vallabh Road Borivali East, Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.3 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹2.73 Lakh (net margin -3.5%) and EBITDA of -₹2.68 Lakh (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: WGT Solutions.
For more details, the company can be reached via its website wgtsolutions.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA/12 4th Floor Dahisar Sai Sadan Chs Ltd Shiv Vallabh Road Borivali East, Mumbai, Maharashtra, India – 400066
- IndustryConstruction, Building Installation, Other Building Installation
- 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 WGT Solutions Private Limited
The main business activity of WGT Solutions is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 WGT Solutions Private Limited FY 2024 filings available
WGT Solutions Private Limited reported revenue of ₹78.3 Lakh (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of WGT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 13% growth in the latest year. EBITDA fell 41% 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 WGT Solutions Private Limited
| Metrics | 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 | -₹2.68 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.73 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 WGT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.4% | •••• | •••• | •••• |
| Net Profit Margin | -3.5% | •••• | •••• | •••• |
| 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 WGT Solutions are in the company report.
Financial statements from FY 2021
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 WGT Solutions Private Limited
WGT Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanaksha Sudhakar Karanjavkar | Director | 03 Sep 2020 | 6 Years 1 Months | Current |
| Ganesh Shankar Wadkar | Director | 03 Sep 2020 | 6 Years 1 Months | Current |
| Sameer Shyam Sunder Belose | Director | 20 Jul 2020 | 6 Years 2 Months | Current |
| Akash Vitthal Tawade | Director | 20 Jul 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of WGT Solutions 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 WGT Solutions Private Limited
WGT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with WGT Solutions Private Limited
WGT Solutions operates one associated brand: WGT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive commercial services, including electrical, plumbing, and painting solutions. | wgtsolutions.in |
Competitors & Alternatives of WGT Solutions Private Limited
Brands and companies operating in the same space as WGT Solutions Private Limited include SILA, Colliers, UDS and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 SILA | Provider of facility & project management, advisory, general contracting, and real estate development services | Mumbai, India | 2010 |
 Colliers | Provider of diversified professional and investment management services | Toronto, Canada | 1976 |
 UDS | Integrated business services are provided across diverse sectors in India. | Chennai, India | 1985 |
 BVG India | Facility management, emergency response, and renewable energy solutions are provided. | Pune, India | 1993 |
 Supreme Facility Management | Facility management services are provided for various operational needs. | Pune, India | 1983 |
 CBRE | Property management, brokerage, and asset services are provided globally. | Dallas, United States | 1906 |
 RARE Hospitality | Facility management and hospitality services are provided in India. | Mumbai, India | 1989 |
 TCFM | Integrated facility management for commercial, residential, and industrial sectors. | Bengaluru, India | 1995 |
Employees and EPFO Compliance at WGT Solutions Private Limited
WGT Solutions Private Limited has a workforce of 10 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 WGT Solutions Private Limited
Director changes at WGT Solutions Private Limited
WGT Solutions Private Limited has 8 board changes on record since 2020: 4 appointments and 4 cessations. The latest: Nitin Laxman Waghela ceased to be Director on 30 Apr 2024.
Credit Ratings, Litigation & Regulatory Alerts for WGT Solutions 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 WGT Solutions 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 WGT Solutions 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 WGT Solutions Private Limited
WGT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCW6883E1ZZ | Maharashtra | Active | 27 Jul 2020 |
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 WGT Solutions 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 WGT Solutions Private Limited
WGT Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in building installation, within the construction industry. It was incorporated on 20 July 2020 (6+ years old) and is registered under CIN U45309MH2020PTC342255.
WGT Solutions reported revenue of ₹78.3 Lakh for FY 2024 (up 13% YoY).
WGT Solutions has 4 current directors:
- Chanaksha Sudhakar Karanjavkar - Director
- Ganesh Shankar Wadkar - Director
- Sameer Shyam Sunder Belose - Director
- Akash Vitthal Tawade - Director
WGT Solutions reported a net loss of ₹2.73 Lakh (net margin -3.5%) and EBITDA of -₹2.68 Lakh (EBITDA margin -3.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of WGT Solutions is 33% over three years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of WGT Solutions is 27AACCW6883E1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of WGT Solutions is U45309MH2020PTC342255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
WGT Solutions was incorporated on 20 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitin Laxman Waghela ceased to be Director on 30 Apr 2024. Chanaksha Sudhakar Karanjavkar ceased to be Additional Director on 31 Dec 2021. Ganesh Shankar Wadkar ceased to be Additional Director on 31 Dec 2021. WGT Solutions has 8 board changes on record in total.
Yes, WGT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).