Willware Technologies Private Limited

Willware Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2020PTC141805 Incorporated 03 December 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹4.91 Cr
▲ 41% YoY
Net profit · FY 2024
₹73.34 Lakh
Net margin 14.9%
EBITDA · FY 2024
₹1.05 Cr
EBITDA margin 21.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered

About Willware Technologies Private Limited

Data last updated:

Willware Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 December 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC141805. Its GSTIN is 29AACCW8220B1ZI (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jeeva Ramasamy (Managing Director) and Maduramuthu Jagatheeswari.

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.105 7th Block 3rd Cross Koramangala, Bangalore, Karnataka, India – 560095.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.91 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹73.34 Lakh (net margin 14.9%) and EBITDA of ₹1.05 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 601% over three years.

The company is associated with 1 brand: Willware. Court records list 1 case involving the company, including 1 filed against it.

For more details, the company can be reached via its website willwaretech.com.

Company Details of Willware Technologies Private Limited
CIN U72900KA2020PTC141805
Registration Number 141805
Incorporation Date 03 December 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No.105 7th Block 3rd Cross Koramangala, Bangalore, Karnataka, India – 560095
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Willware Technologies Private Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity of Willware Technologies Private Limited

The main business activity of Willware Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Willware Technologies Private Limited FY 2024 filings available

Willware Technologies Private Limited reported revenue of ₹4.91 Cr (up 41% YoY) for FY 2024.

Revenue · FY 2024
₹4.91 Cr ▲ 41%
Net profit · FY 2024
₹73.34 Lakh margin 14.9%
EBITDA · FY 2024
₹1.05 Cr margin 21.3%

Compounded Annual Growth Rate (CAGR) of Willware Technologies Private Limited

Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 601%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 452%

Revenue has grown at a compounded annual rate (CAGR) of 601% over three years, including 41% growth in the latest year. EBITDA rose 60% 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 Willware Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 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₹1.05 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹73.34 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 Willware Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin21.3%••••••••••••
Net Profit Margin14.9%••••••••••••
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 Willware Technologies are in the company report.

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Financial statements from FY 2021

Earlier years and trend charts are in the company report.

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Peer Comparison of Willware Technologies Private Limited

Willware Technologies 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Move Offshore Call Centre Private Limited₹4.92 Cr (FY 2024)••••••••-46.0%••••Chennai 15, Tamil Nadu, India
Anukta Infotech Private Limited₹4.92 Cr (FY 2024)••••••••270.0%••••Hyderabad, Telangana, India
Dashclicks India Private Limited₹4.92 Cr (FY 2025)••••••••-3.0%••••Jaipur, Rajasthan, India
Silex Technology India Private Limited₹4.92 Cr (FY 2025)••••••••2.0%••••Chennai, Tamil Nadu, India
Tercept Technologies Private Limited₹4.92 Cr (FY 2025)••••••••25.0%••••Bangalore, Karnataka, India
Willware Technologies Private Limited this company₹4.91 Cr (FY 2024)••••••••41.0%••••Bangalore, Karnataka, India
Ncompass Techstudio Private Limited₹4.91 Cr (FY 2024)••••••••-7.0%••••Chinglepet, Tamil Nadu, India
Webree Ventures Private Limited₹4.91 Cr (FY 2021)••••••••32.0%••••Ghaziabad, Uttar Pradesh, India
Arrowsight Private Limited₹4.91 Cr (FY 2025)••••••••38.0%••••Shaikpet, Telangana, India
Terramare India Private Limited₹4.91 Cr (FY 2025)••••••••-15.0%••••Nanded, Maharashtra, India
Automate360 Media Private Limited₹4.91 Cr (FY 2025)••••••••171.0%••••Jaipur, Rajasthan, India

Peers are the five companies nearest above and the five nearest below Willware Technologies 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 Willware Technologies Private Limited

Willware Technologies Private Limited is audited by N K Satish for the financial year 2023.

NameStatusAppointment DateCessation Date
N K SatishLockedLockedLocked
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Board of Directors of Willware Technologies Private Limited

Willware Technologies has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Jeeva RamasamyManaging Director03 Dec 20205 Years 10 MonthsCurrent
Maduramuthu JagatheeswariDirector03 Dec 20205 Years 10 MonthsCurrent
Pon Gopi Prakash PonnusamiAdditional Director09 Jul 20251 Years 2 MonthsCurrent

Ownership and Shareholding of Willware Technologies Private Limited

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Charges & Borrowings of Willware Technologies Private Limited

Willware Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Willware Technologies Private Limited

Willware Technologies operates one associated brand: Willware. Each brand links to its own profile.

BrandDescriptionWebsite
Provides software development, IT staffing, and technology solutions for various industries.willwaretech.com

Employees and EPFO Compliance at Willware Technologies Private Limited

Willware Technologies Private Limited has a workforce of 0 employees as of Mar 23, 2024.

Active EPFO establishments
1
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Recent Activity on Willware Technologies Private Limited

Willware Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Pon Gopi Prakash Ponnusami was appointed as Additional Director on 09 Jul 2025.

Appointed
Pon Gopi Prakash Ponnusami was appointed as Additional Director.
AGM
Willware Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Willware Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Jeeva Ramasamy was appointed as Managing Director.
Appointed
Maduramuthu Jagatheeswari was appointed as Director.
Incorporation
03 Dec 2020
Willware Technologies Private Limited was registered on 03 Dec 2020 with Roc Bangalore & aged 5 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Willware Technologies Private Limited

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MSME Payment Delays by Willware Technologies Private Limited

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Subsidiaries & Group Companies of Willware Technologies Private Limited

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GST Compliance of Willware Technologies Private Limited

Willware Technologies has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AACCW8220B1ZIKarnatakaActive08 Jan 2021
33AACCW8220B1ZTTamil NaduActive25 Aug 2022
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Willware Technologies Private Limited

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Frequently Asked Questions about Willware Technologies Private Limited

Willware Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 December 2020 (6+ years old) and is registered under CIN U72900KA2020PTC141805.

Willware Technologies reported revenue of ₹4.91 Cr for FY 2024 (up 41% YoY).

Willware Technologies has 3 current directors:

Willware Technologies reported a net profit of ₹73.34 Lakh (net margin 14.9%) and EBITDA of ₹1.05 Cr (EBITDA margin 21.3%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Willware Technologies is 601% over three years. In the latest year (FY 2024) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Willware Technologies is 29AACCW8220B1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCW8220B1ZT (Tamil Nadu).

The CIN (Corporate Identification Number) of Willware Technologies is U72900KA2020PTC141805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Willware Technologies has 1 court case on record: 1 filed against it.

Willware Technologies was incorporated on 03 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Willware Technologies by revenue are Move Offshore Call Centre Private Limited, Anukta Infotech Private Limited, Dashclicks India Private Limited, Silex Technology India Private Limited, Tercept Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

Pon Gopi Prakash Ponnusami was appointed as Additional Director on 09 Jul 2025. Jeeva Ramasamy was appointed as Managing Director on 03 Dec 2020. Maduramuthu Jagatheeswari was appointed as Director on 03 Dec 2020.

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