Winfinith Marketing Private Limited

Winfinith Marketing Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74140KA2020PTC133771 Incorporated 15 April 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company e-commerce DPIIT Startup
Data last updated
Revenue · FY 2024
₹31.2 Cr
▼ 68% YoY
Net loss · FY 2024
₹1.55 Cr
Net margin -5%
EBITDA · FY 2024
-₹91.28 Lakh
EBITDA margin -2.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.21 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
47
Provident fund records

About Winfinith Marketing Private Limited

Data last updated:

Winfinith Marketing Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 15 April 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2020PTC133771. Its GSTIN is 29AACCW6372L1ZO (Karnataka). The company holds 27 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Degala Mahesh and Varahala Reddy Dharmala.

Its last annual general meeting (AGM) was held on 05 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹31.2 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.55 Cr (net margin -5%) and EBITDA of -₹91.28 Lakh (EBITDA margin -2.9%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.

The company has about 47 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Winfinith. As per MCA filings, the company has open charges of ₹1.21 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company. The company has 1 deal on record (1 secondary share transfer); the latest was in October 2020. Its 3 peer companies in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Hanuman Agro Industries Private Limited with revenue of ₹31.3 Cr.

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

Company details

CIN U74140KA2020PTC133771
Registration Number 133771
Incorporation Date 15 April 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Degala Mahesh Director Varahala Reddy Dharmala Director

Recognitions & Rankings of Winfinith Marketing

DPIIT recognised startup Government of India
Startup India

Contact details

Winfinith Marketing Private Limited's registered office is in Bangalore, Karnataka. Its website is winfinith.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    winfinith.com
  • Social Media
  • Apps
  • Registered Address
    No 1210/A 3rd Main Road 80Ft Road Chandra Layout 1st Stage 2nd Phase Vija, Yanagar, Bangalore, Karnataka, India – 560040
  • Industry
    E-Commerce, Online Healthcare Product Retail

To see the full contact details of Winfinith Marketing Private Limited, buy the company report.

Comprehensive company report
Winfinith Marketing 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
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Brands

Winfinith Marketing operates one associated brand: Winfinith. Each brand links to its own profile.

BrandDescriptionWebsite
Winfinith
Marketing services are provided by Winfinith in the business sector.winfinith.com

Business activity

The main business activity of Winfinith Marketing is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Winfinith Marketing Private Limited, buy the company report.

Financials of Winfinith Marketing Private Limited

FY 2024 filings available

Winfinith Marketing Private Limited reported revenue of ₹31.2 Cr (down 68% YoY) for FY 2024.

Revenue · FY 2024
₹31.2 Cr ▼ 68%
Net loss · FY 2024
₹1.55 Cr margin -5%
EBITDA · FY 2024
-₹91.28 Lakh margin -2.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 148%
3 years · compounded
▼ 32%

Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 68% fall in the latest year. EBITDA fell 148% 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

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-₹91.28 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.55 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-2.9%
Net Profit Margin-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

To see the full financial statements and ratios of Winfinith Marketing Private Limited, buy the company report.

Board of directors of Winfinith Marketing Private Limited

Winfinith Marketing has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Degala Mahesh
Also directs: Winpeopleheart Foundation
Director03 May 20206 Years 5 MonthsCurrent
Varahala Reddy Dharmala
Also directs: Winpeopleheart Foundation
Director15 Oct 20206 Years 0 MonthsCurrent
View all directors

Peer comparison

Winfinith Marketing Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hanuman Agro Industries Private Limited₹31.3 Cr (FY 2025)-22.0%Delhi, India
Supertrade Retail Private Limited₹31.22 Cr (FY 2025)12.0%Vyara, Gujarat, India
Winfinith Marketing Private Limitedthis company₹31.2 Cr (FY 2024)-₹1.55 Cr-5%-68.0%47Bangalore, Karnataka, India
Shree Shyam Ji Trading Private Limited₹31.17 Cr (FY 2025)15.0%Bhagalpur, Bihar, India

To see the full peer comparison of Winfinith Marketing Private Limited, buy the company report.

Auditor

Winfinith Marketing Private Limited is audited by RCK & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RCK & COFY 2023019066S

Shareholding

The shareholding of Winfinith Marketing Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Winfinith Marketing Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹0.85 Cr
Hdfc Bank Limited₹0.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Feb 2021100428964Hdfc Bank Limited₹36.14 LakhOpen
06 Feb 2021100412981Axis Bank Limited₹85 LakhOpen

Total charge records: 2 View all charges

Deals & funding

Winfinith Marketing Private Limited has 1 deal on record (1 secondary share transfer); the latest was in October 2020.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Oct 2020Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Winfinith Marketing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Winfinith Marketing Private Limited has a workforce of 47 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
47
Active EPFO establishments
1
Employee growth
-25.4%

GST

Winfinith Marketing has 27 GST registrations: 4 active and 23 cancelled or inactive.

Total GSTINs
27
Active
4
Cancelled / inactive
23
GSTINStateStatusRegistered on
29AACCW6372L1ZOKarnatakaActive03 Jun 2020
37AACCW6372L1ZRAndhra PradeshActive12 Jun 2020
36AACCW6372L1ZTTelanganaActive04 Jul 2020
07AACCW6372L1ZUDelhiActive01 Aug 2020

To see the full GST registrations and return filing status of Winfinith Marketing Private Limited, buy the company report.

Recent activity

Winfinith Marketing Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Manjunatha ceased to be Managing Director on 17 Dec 2023.

AGM
Winfinith Marketing Private Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.
Filing
Winfinith Marketing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Manjunatha ceased to be Managing Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 36.14 Lakh with Charge ID 100428964 was registered on 08 Feb 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 85.00 Lakh with Charge ID 100412981 was registered on 06 Feb 2021.
Appointed
Varahala Reddy Dharmala was appointed as Director.
Ceased
Murali Girish Kumar ceased to be Director.
Appointed
Degala Mahesh was appointed as Director.
Appointed
Manjunatha was appointed as Managing Director.
Appointed
Murali Girish Kumar was appointed as Director.
Incorporation
15 Apr 2020
Winfinith Marketing Private Limited was registered on 15 Apr 2020 with Roc Bangalore & aged 6 years 6 months as per MCA records.

Frequently asked questions

Winfinith Marketing is an active private limited company based in Bangalore, Karnataka, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 15 April 2020 (6+ years old) and is registered under CIN U74140KA2020PTC133771.

Winfinith Marketing has 2 current directors:

The latest financial statements of Winfinith Marketing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 September 2024. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Winfinith Marketing is 29AACCW6372L1ZO, registered in Karnataka. The company has 27 GST registrations in all, of which 4 are active and 23 are cancelled or inactive. Other active GSTINs include 37AACCW6372L1ZR (Andhra Pradesh), 36AACCW6372L1ZT (Telangana), 07AACCW6372L1ZU (Delhi).

The CIN (Corporate Identification Number) of Winfinith Marketing is U74140KA2020PTC133771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Winfinith Marketing has 5 court cases on record: 5 filed by the company. Most are in the high courts.

Winfinith Marketing was incorporated on 15 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Winfinith Marketing has 1 deal on record (1 secondary share transfer); the latest was in October 2020.

The peers of Winfinith Marketing by revenue are Hanuman Agro Industries Private Limited, Supertrade Retail Private Limited, Shree Shyam Ji Trading Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).

Manjunatha ceased to be Managing Director on 17 Dec 2023. Varahala Reddy Dharmala was appointed as Director on 15 Oct 2020. Murali Girish Kumar ceased to be Director on 04 May 2020. Winfinith Marketing has 6 board changes on record in total.

Yes, Winfinith Marketing is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).