About Workhyve Technologies Private Limited
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Workhyve Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC345669. Its GSTIN is 27AACCW7434K1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lalit Mithalal Jain and Amrita Anand Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Row H No 87 Sector 10 Sanpada, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.16 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹9.54 Lakh (net margin -20.7%) and EBITDA of -₹9.54 Lakh (EBITDA margin -20.7%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.
The company is associated with 1 brand: WorkHyve.
For more details, the company can be reached via its website workhyve.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRow H No 87 Sector 10 Sanpada, Navi Mumbai, Maharashtra, India – 400705
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Workhyve Technologies Private Limited
The main business activity of Workhyve Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Workhyve Technologies Private Limited FY 2025 filings available
Workhyve Technologies Private Limited reported revenue of ₹46.16 Lakh (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Workhyve Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 81% over three years, including 26% growth in the latest year. EBITDA fell 100% 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 Workhyve Technologies 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 | -₹9.54 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.54 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 Workhyve Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -20.7% | •••• | •••• | •••• |
| Net Profit Margin | -20.7% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Workhyve Technologies 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.
Peer Comparison of Workhyve Technologies Private Limited
Workhyve 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Induslogix Technologies Private Limited | ₹46.24 Lakh (FY 2025) | •••• | •••• | •••• | East Delhi, Delhi, India | |
| Pixlike Creative Works Private Limited | ₹46.22 Lakh (FY 2017) | •••• | •••• | 362.0% | •••• | Hyderabad, Telangana, India |
| Apt Training Resources Chennai Private Limited | ₹46.2 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Chennai, Tamil Nadu, India |
| Aurelia Innovatives Private Limited | ₹46.2 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Nashik, Maharashtra, India |
| Spengeotec (OPC) Private Limited | ₹46.17 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Trivandrum, Kerala, India |
| Workhyve Technologies Private Limited this company | ₹46.16 Lakh (FY 2024) | •••• | •••• | 26.0% | •••• | Navi Mumbai, Maharashtra, India |
| Gsparks Technology Services Private Limited | ₹46.15 Lakh (FY 2025) | •••• | •••• | 207.0% | •••• | Nagapattinam, Tamil Nadu, India |
| Amity Info Systems Private Limited | ₹46.15 Lakh (FY 2024) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Kage Media Private Limited | ₹46.13 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Thane, Maharashtra, India |
| Tarun Info Solutions Private Limited | ₹46.13 Lakh (FY 2018) | •••• | •••• | 421.0% | •••• | Bhopal, Madhya Pradesh, India |
| Anvi Cybernetics Private Limited | ₹46.13 Lakh (FY 2024) | •••• | •••• | 60.0% | •••• | Pune City, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Workhyve 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 Workhyve Technologies Private Limited
Workhyve Technologies Private Limited is audited by SINYAL & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINYAL & 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 Workhyve Technologies Private Limited
Workhyve Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrita Anand Kulkarni Also directs: Maanya Quicksource Private Limited | Additional Director | 14 May 2025 | 1 Years 4 Months | Current |
| Lalit Mithalal Jain Also directs: Vizgraph Media Private Limited, Akasa Bullion Private Limited, Ista Innovation Private Limited and 3 more | Director | 21 Nov 2022 | 3 Years 10 Months | Current |
Ownership and Shareholding of Workhyve Technologies 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 Workhyve Technologies Private Limited
Workhyve Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Workhyve Technologies Private Limited
Workhyve Technologies operates one associated brand: WorkHyve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web, mobile, software solutions and payment gateways for digital transformation. | workhyve.com |
Employees and EPFO Compliance at Workhyve Technologies Private Limited
Workhyve Technologies Private Limited has a workforce of 0 employees as of Mar 22, 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 Workhyve Technologies Private Limited
Workhyve Technologies Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Vaishali Raghava Kulal ceased to be Director on 19 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Workhyve Technologies 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 Workhyve Technologies 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 Workhyve Technologies 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 Workhyve Technologies Private Limited
Workhyve Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCW7434K1ZX | Maharashtra | Active | 05 Nov 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 Workhyve Technologies 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 Workhyve Technologies Private Limited
Workhyve Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 September 2020 (6+ years old) and is registered under CIN U74999MH2020PTC345669.
Workhyve Technologies reported revenue of ₹46.16 Lakh for FY 2024 (up 26% YoY).
Workhyve Technologies has 2 current directors:
- Amrita Anand Kulkarni - Additional Director
- Lalit Mithalal Jain - Director
Workhyve Technologies reported a net loss of ₹9.54 Lakh (net margin -20.7%) and EBITDA of -₹9.54 Lakh (EBITDA margin -20.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Workhyve Technologies is 81% over three years. In the latest year (FY 2024) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Workhyve Technologies is 27AACCW7434K1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Workhyve Technologies is U74999MH2020PTC345669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workhyve Technologies was incorporated on 09 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Workhyve Technologies by revenue are Induslogix Technologies Private Limited, Pixlike Creative Works Private Limited, Apt Training Resources Chennai Private Limited, Aurelia Innovatives Private Limited, Spengeotec (OPC) Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Vaishali Raghava Kulal ceased to be Director on 19 May 2025. Amrita Anand Kulkarni was appointed as Additional Director on 14 May 2025. Rahul Ramchandra Deokar ceased to be Director on 08 Apr 2025. Workhyve Technologies has 5 board changes on record in total.
Yes, Workhyve Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).