WM Global Technology Services India Private Limited

WM Global Technology Services India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2011PTC059719 Incorporated 25 July 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹10,862 Cr
▲ 23% YoY
Net profit · FY 2025
₹837.8 Cr
Net margin 7.7%
EBITDA · FY 2025
₹1,505.1 Cr
EBITDA margin 13.9%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹54.75 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
11,545
Provident fund records
Directors on board
2
As per MCA filings

About WM Global Technology Services India Private Limited

Data last updated:

WM Global Technology Services India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Walmart India Mmviii Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 July 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC059719. Its GSTIN is 29AABCW1354K2Z2 (Karnataka). The company holds 6 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹54.75 Cr. It is led by directors Balasubrahmanyam Chaturvedula and Hari Vasudev.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cessna Business Park, Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹10,862 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹837.8 Cr (net margin 7.7%) and EBITDA of ₹1,505.1 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 40% over five years.

The company has about 11,545 employees on its provident fund (EPFO) records.

Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.23 Cr; the latest was in March 2016. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Barclays Global Service Centre Private Limited with revenue of ₹12,534 Cr. The company has 14 MSME Form 1 returns on record between 2017 and 2024, listing 367 overdue payments to 110 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website walmart.com.

Company details

CIN U72200KA2011PTC059719
Registration Number 059719
Incorporation Date 25 July 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Walmart India Mmviii Llc
Compliance Status Active Compliant

Contact details

WM Global Technology Services India Private Limited's registered office is in Bangalore, Karnataka. Its website is walmart.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Building 11 1st Floor SEZ – Cessna Business Park Kadubeesanahalli Village Varthur Hobli O, Uterrng Rd, Bangalore, Karnataka, India – 560087
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of WM Global Technology Services India Private Limited, buy the company report.

Comprehensive company report
WM Global Technology Services India 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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Business activity

The main business activity of WM Global Technology Services India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of WM Global Technology Services India Private Limited, buy the company report.

Financials of WM Global Technology Services India Private Limited

FY 2025 filings available

WM Global Technology Services India Private Limited reported revenue of ₹10,862 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹10,862 Cr ▲ 23%
Net profit · FY 2025
₹837.8 Cr margin 7.7%
EBITDA · FY 2025
₹1,505.1 Cr margin 13.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 32%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 29%
5 years · compounded
▲ 37%

Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 23% growth in the latest year. EBITDA rose 17% 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 2024-25FY 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₹1,505.1 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹837.8 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.9%
Net Profit Margin7.7%
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 WM Global Technology Services India Private Limited, buy the company report.

Board of directors of WM Global Technology Services India Private Limited

WM Global Technology Services India has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Balasubrahmanyam ChaturvedulaDirector28 Jul 20233 Years 2 MonthsCurrent
Hari VasudevDirector22 Jun 20179 Years 4 MonthsCurrent

Peer comparison

WM Global Technology Services India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Barclays Global Service Centre Private Limited₹12,534 Cr (FY 2025)14.0%Pune, Maharashtra, India
Coforge Limited₹12,215 Cr (FY 2025)35.0%Haryana, India
Persistent Systems Limited₹12,077 Cr (FY 2025)21.0%Pune, Maharashtra, India
Cisco Commerce India Private Limited₹11,645 Cr (FY 2025)1.0%Bangalore, Karnataka, India
L&T Technology Services Limited₹10,880 Cr (FY 2025)10.0%Mumbai, Maharashtra, India
WM Global Technology Services India Private Limitedthis company₹10,862 Cr (FY 2025)₹837.8 Cr7.7%23.0%11,545Bangalore, Karnataka, India
Sonata Software Limited₹10,228 Cr (FY 2025)17.0%Mumbai, Maharashtra, India
Sap Labs India Private Limited₹9,999.7 Cr (FY 2025)15.0%Bangalore, Karnataka, India
Sap India Private Limited₹8,870.5 Cr (FY 2025)16.0%Bangalore, Karnataka, India
Vmware Software India Private Limited₹8,421 Cr (FY 2025)-7.0%Bangalore, Karnataka, India
Hewlett Packard Enterprise India Private Limited₹8,338.93 Cr (FY 2025)34.0%Bangalore, Karnataka, India

To see the full peer comparison of WM Global Technology Services India Private Limited, buy the company report.

Auditor

WM Global Technology Services India Private Limited is audited by S R Batliboi & Co, LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S R Batliboi & Co, LLPFY 2023101049W/E300004

Shareholding

The shareholding of WM Global Technology Services India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of WM Global Technology Services India Private Limited, buy the company report.

Deals & funding

WM Global Technology Services India Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.23 Cr; the latest was in March 2016.

Total deals
4
Rights issues
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹9.23 Cr

Deals on record (3 of 4)

WhenDealAmountParties
Mar 2016Rights issue₹88.23 CrInvestors: Walmart India MMVIII LLC, MMVIII Walmart India LLC
Jul 2014Rights issue₹24.08 CrInvestors: Walmart India MMVIII LLC, MMVIII Walmart India LLC
Jun 2012Funding round₹9.23 CrInvestors: Walmart India MMVIII LLC, MMVIII Walmart India LLC

To see the full deal history of WM Global Technology Services India Private Limited, buy the company report.

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

MSME payment delays

WM Global Technology Services India Private Limited has 14 MSME Form 1 returns on record between 2017 and 2024, listing 367 overdue payments to 110 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 110)

SupplierAmount dueDue sinceReported on
Timesol Facility Management Private Limited
an individual supplier
Unbox2learn Private Limited
SLVR Aircomfort Systems Private Limited
an individual supplier

To see the full MSME payment records of WM Global Technology Services India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

WM Global Technology Services India Private Limited has a workforce of 11,545 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
11,545
Active EPFO establishments
1
Employee growth
5.38%

GST

WM Global Technology Services India has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
5
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AABCW1354K2Z2KarnatakaActive01 Jul 2017
29AABCW1354K3Z1KarnatakaActive02 Aug 2017
29AABCW1354K4Z0KarnatakaActive16 Jul 2019
06AABCW1354K1ZBHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of WM Global Technology Services India Private Limited, buy the company report.

Recent activity

WM Global Technology Services India Private Limited has 18 board changes on record since 2011: 4 appointments and 14 cessations. The latest: Balasubrahmanyam Chaturvedula ceased to be Additional Director on 26 Dec 2023.

AGM
Wm Global Technology Services India Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Wm Global Technology Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Balasubrahmanyam Chaturvedula ceased to be Additional Director.
Appointed
Balasubrahmanyam Chaturvedula was appointed as Director.
Ceased
Jamie Elizabeth Chung ceased to be Director.
Ceased
Anshu Bhardwaj ceased to be Additional Director.
Ceased
Jeffrey Glenn Santoro ceased to be Director.
Appointed
Anshu Bhardwaj was appointed as Director.
Ceased
Ashok Parampalli Upadhya ceased to be Additional Director.
Ceased
Hari Vasudev ceased to be Additional Director.
Ceased
Anne Marie Myong ceased to be Director.
Appointed
Hari Vasudev was appointed as Director.

9 earlier events are in the company report.

Frequently asked questions

WM Global Technology Services India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 July 2011 (15+ years old) and is registered under CIN U72200KA2011PTC059719.

WM Global Technology Services India has 2 current directors:

The latest financial statements of WM Global Technology Services India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of WM Global Technology Services India is 29AABCW1354K2Z2, registered in Karnataka. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 29AABCW1354K3Z1 (Karnataka), 29AABCW1354K4Z0 (Karnataka), 06AABCW1354K1ZB (Haryana).

The CIN (Corporate Identification Number) of WM Global Technology Services India is U72200KA2011PTC059719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

WM Global Technology Services India has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.

WM Global Technology Services India was incorporated on 25 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

WM Global Technology Services India has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.23 Cr; the latest was in March 2016.

The peers of WM Global Technology Services India by revenue are Barclays Global Service Centre Private Limited, Coforge Limited, Persistent Systems Limited, Cisco Commerce India Private Limited, L&T Technology Services Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Balasubrahmanyam Chaturvedula ceased to be Additional Director on 26 Dec 2023. Balasubrahmanyam Chaturvedula was appointed as Director on 28 Jul 2023. Jamie Elizabeth Chung ceased to be Director on 31 Jan 2022. WM Global Technology Services India has 18 board changes on record in total.

WM Global Technology Services India has 14 MSME Form 1 returns on record between 2017 and 2024, listing 367 overdue payments to 110 micro and small suppliers. The latest return was filed on 22 Apr 2024.

WM Global Technology Services India can be reached through the website walmart.com. Its registered office is in Bangalore, Karnataka, India.