
About Machphy Solutions Private Limited
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Machphy Solutions Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 20 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2017PTC026594. Its GSTIN is 21AAKCM8390E1ZF (Odisha). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹10.52 Lakh. It is led by directors Rashmirekha Sahoo and Pradeep Rout.
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 Pl. No – 107 – C Sarala Nagar Po – Budheswari Colony, Bhubaneswar, Odisha, India – 751006.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.09 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Lakh (net margin 1.3%) and EBITDA of ₹3.62 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 120% over five years.
The company is associated with 1 brand: MachPhy. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.81 Cr; the latest was in March 2024.
Machphy Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0002113). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website machphy.com.
Company details
Recognitions & Rankings of Machphy Solutions
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0002113
Contact details
Machphy Solutions Private Limited's registered office is in Bhubaneswar, Odisha. Its website is machphy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPl. No – 107 – C Sarala Nagar Po – Budheswari Colony, Bhubaneswar, Odisha, India – 751006
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Machphy Solutions Private Limited, buy the company report.
- 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
Brands
Machphy Solutions operates one associated brand: MachPhy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of sustainable cold chain solutions for various industries. This company designs and manufactures temperature-controlled storage and transportation equipment, including refrigerators, freezers, and portable units. Their offerings cater to the healthcare, agriculture, and fisheries sectors, focusing on affordable and energy-efficient technologies. The company also provides cold storage solutions for post-harvest agriculture and biopharma applications. They offer customized solutions to meet specific client needs. | machphy.com |
Business activity
The main business activity of Machphy Solutions is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Machphy Solutions Private Limited, buy the company report.
Financials of Machphy Solutions Private Limited
FY 2025 filings availableMachphy Solutions Private Limited reported revenue of ₹1.09 Cr (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 120% over five years, including 66% growth in the latest year. EBITDA rose 121% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.62 Lakh | ||||
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| Net Profit (PAT) | ₹1.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Machphy Solutions Private Limited, buy the company report.
Board of directors of Machphy Solutions Private Limited
Machphy Solutions 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 |
|---|---|---|---|---|
| Rashmirekha Sahoo | Director | 20 Sep 2019 | 7 Years 1 Months | Current |
| Pradeep Rout Also directs: C&G Agroventures Private Limited | Director | 20 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Machphy Solutions Private Limited is audited by PATNAIK&CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATNAIK&CO | FY 2022 | 310028E |
Shareholding
The shareholding of Machphy Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Machphy Solutions Private Limited, buy the company report.
Deals & funding
Machphy Solutions Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.81 Cr; the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹30 Lakh | Investors: Foundation for Innovation and Technology Transfer |
| Dec 2023 | Funding round | ₹1.22 Cr | Investors: Nikken Resort Co. Limited, Nikken Housing Company Limited, 2 individuals |
| Oct 2023 | Funding round | ₹20 Lakh | Investors: Foundation for Innovation and Technology Transfer |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Foundation for Innovation and Technology Transfer, an individual Seller: 2 individuals |
To see the full deal history of Machphy Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Machphy Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Machphy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Machphy Solutions has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAKCM8390E1ZF | Odisha | Active | 01 Jul 2017 |
| 06AAKCM8390E1Z7 | Haryana | Active | 02 May 2024 |
To see the full GST registrations and return filing status of Machphy Solutions Private Limited, buy the company report.
Recent activity
Machphy Solutions Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Gaurav Anand ceased to be Additional Director on 26 Nov 2020.
Frequently asked questions
Machphy Solutions is an active private limited company based in Bhubaneswar, Odisha, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 20 February 2017 (9+ years old) and is registered under CIN U74999OR2017PTC026594.
Machphy Solutions has 2 current directors:
- Rashmirekha Sahoo - Director
- Pradeep Rout - Director
The latest financial statements of Machphy Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Machphy Solutions is 21AAKCM8390E1ZF, registered in Odisha. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAKCM8390E1Z7 (Haryana).
The CIN (Corporate Identification Number) of Machphy Solutions is U74999OR2017PTC026594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Machphy Solutions was incorporated on 20 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
Machphy Solutions has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.81 Cr; the latest was in March 2024.
Gaurav Anand ceased to be Additional Director on 26 Nov 2020. Suraj Kumar ceased to be Director on 26 Sep 2019. Rashmirekha Sahoo was appointed as Director on 20 Sep 2019. Machphy Solutions has 4 board changes on record in total.
Yes, Machphy Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Machphy Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0002113).

