About Better Life Mobile Technology Solutions Private Limited
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Better Life Mobile Technology Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the scientific services segment of the professional services sector. It was incorporated on 15 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC283704. Its GSTIN is 27AAGCB8220N1ZE (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 Anil Kumar Bhanushali and Talat Mahmood.
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 2/A 403 Shangrila Chs Shethia Nagar 90 Feet Road Opp Punjab National Bank, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹84,900, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹2.15 Lakh (net margin -252.8%) and EBITDA of -₹2.09 Lakh (EBITDA margin -246.3%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 51% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website better-life.co.in.
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- Registered Address2/A 403 Shangrila Chs Shethia Nagar 90 Feet Road Opp Punjab National Bank, Mumbai, Maharashtra, India – 400072
- IndustryProfessional Services, Scientific, Personal, Technical
- 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 of Better Life Mobile Technology Solutions Private Limited
The main business activity of Better Life Mobile Technology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Better Life Mobile Technology Solutions Private Limited FY 2024 filings available
Better Life Mobile Technology Solutions Private Limited reported revenue of ₹84,900 (down 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Better Life Mobile Technology Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 87% fall in the latest year. EBITDA rose 73% 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 Better Life Mobile Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹2.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.15 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Better Life Mobile Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -246.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -252.8% | •••• | •••• | •••• | •••• |
| 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 Better Life Mobile Technology Solutions are in the company report.
Financial statements from FY 2017
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 Better Life Mobile Technology Solutions Private Limited
Better Life Mobile Technology Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Bhanushali | Director | 15 Jul 2016 | 10 Years 3 Months | Current |
| Talat Mahmood | Director | 15 Jul 2016 | 10 Years 3 Months | Current |
| Vimal Mohan Netiyara | Director | 15 Jul 2016 | 10 Years 3 Months | Current |
Peer Comparison of Better Life Mobile Technology Solutions Private Limited
Better Life Mobile Technology Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Mobile). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vannala Mobile Apps Private Limited | ₹1.07 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Dharmapuri, Tamil Nadu, India |
| Mobile Systems India Private Limited | ₹1.04 Lakh (FY 2024) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Association of Indian Dealers of Mobile Accessories | ₹1.03 Lakh (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Mobile Equipments Pvt Ltd | ₹93,854 (FY 2021) | •••• | •••• | 312747.0% | •••• | Vadodara, Gujarat, India |
| Busi2easy Mobile App Solutions Private Limited | ₹93,167 (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Better Life Mobile Technology Solutions Private Limited this company | ₹84,900 (FY 2024) | •••• | •••• | -87.0% | •••• | Mumbai, Maharashtra, India |
| United Mobile Apps Private Limited | ₹83,915 (FY 2017) | •••• | •••• | 223.0% | •••• | Chennai, Tamil Nadu, India |
| Naman Mobile & Accessories Private Limited | ₹72,790 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Iqonic Mobile Private Limited | ₹71,786 (FY 2025) | •••• | •••• | -99.0% | •••• | Mana Camp, Chhattisgarh, India |
| Forerun Mobile Store Private Limited | ₹68,735 (FY 2025) | •••• | •••• | -29.0% | •••• | Ernakulam, Kerala, India |
| Mobile Defenders Private Limited | ₹67,371 (FY 2024) | •••• | •••• | -97.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Better Life Mobile Technology Solutions by revenue in the Ecommerce and Internet industry (Mobile), 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 Better Life Mobile Technology Solutions Private Limited
Better Life Mobile Technology Solutions Private Limited is audited by SUDHAIYER&CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUDHAIYER&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.
Ownership and Shareholding of Better Life Mobile Technology 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 Better Life Mobile Technology Solutions Private Limited
Better Life Mobile Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Better Life Mobile Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Better Life Mobile Technology Solutions.
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 Better Life Mobile Technology Solutions Private Limited
Better Life Mobile Technology Solutions Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Anil Kumar Bhanushali was appointed as Director on 15 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Better Life Mobile Technology 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 Better Life Mobile Technology 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 Better Life Mobile Technology 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 Better Life Mobile Technology Solutions Private Limited
Better Life Mobile Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB8220N1ZE | Maharashtra | Active | 01 Jul 2017 |
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
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MCA Filings & Documents of Better Life Mobile Technology 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 Better Life Mobile Technology Solutions Private Limited
Better Life Mobile Technology Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in scientific, within the professional services industry. It was incorporated on 15 July 2016 (10+ years old) and is registered under CIN U72900MH2016PTC283704.
Better Life Mobile Technology Solutions reported revenue of ₹84,900 for FY 2024 (down 87% YoY).
Better Life Mobile Technology Solutions has 3 current directors:
- Anil Kumar Bhanushali - Director
- Talat Mahmood - Director
- Vimal Mohan Netiyara - Director
Better Life Mobile Technology Solutions reported a net loss of ₹2.15 Lakh (net margin -252.8%) and EBITDA of -₹2.09 Lakh (EBITDA margin -246.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Better Life Mobile Technology Solutions is -70% over three years and -51% over five years. In the latest year (FY 2024) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Better Life Mobile Technology Solutions is 27AAGCB8220N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Better Life Mobile Technology Solutions is U72900MH2016PTC283704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better Life Mobile Technology Solutions was incorporated on 15 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Better Life Mobile Technology Solutions by revenue are Vannala Mobile Apps Private Limited, Mobile Systems India Private Limited, Association of Indian Dealers of Mobile Accessories, Mobile Equipments Pvt Ltd, Busi2easy Mobile App Solutions Private Limited and 5 more, all in the Ecommerce and Internet industry (Mobile).
Anil Kumar Bhanushali was appointed as Director on 15 Jul 2016. Talat Mahmood was appointed as Director on 15 Jul 2016. Vimal Mohan Netiyara was appointed as Director on 15 Jul 2016.
Better Life Mobile Technology Solutions can be reached through the website better-life.co.in. Its registered office is in Mumbai, Maharashtra, India.