MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0014128
Madrecha Solutions Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.87 Cr
▲ 70% YoY
Net profit · FY 2024
₹43.71 Lakh
Net margin 23.3%
EBITDA · FY 2024
₹74.19 Lakh
EBITDA margin 39.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Madrecha Solutions Private Limited
Data last updated:
Madrecha Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 02 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC268005. Its GSTIN is 27AAJCM9929L1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manas Ashok Madrecha (Whole-Time Director) and Adarsh Ashok Madrecha.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.87 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹43.71 Lakh (net margin 23.3%) and EBITDA of ₹74.19 Lakh (EBITDA margin 39.6%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 109% over five years.
The company is associated with 2 brands: Madrecha Group and Counting Dues.
Madrecha Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0014128). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madrecha.com.
Company Details of Madrecha Solutions Private Limited
CIN U72300MH2015PTC268005
Registration Number 268005
Incorporation Date 02 September 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0014128
Key People
Manas Ashok Madrecha Whole-Time Director Adarsh Ashok Madrecha Director Ashok Kumar Madrecha Director Recognitions & Rankings of Madrecha Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressMadrecha Heights Plot No. A – 417 Road No. 28, L3 Wagle Industrial Area Ramnagar, Thane, Maharashtra, India – 400604
- IndustryInformation Technology, Computer Programming, Consultancy
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Associated Brands with Madrecha Solutions Private Limited
Madrecha Solutions operates two associated brands: Madrecha Group and Counting Dues. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers business advisory, real estate, and consulting services. | madrecha.com | |
| Provides bookkeeping management software for businesses. | countingdues.com |
Business Activity of Madrecha Solutions Private Limited
The main business activity of Madrecha Solutions 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Madrecha Solutions Private Limited FY 2024 filings available
Madrecha Solutions Private Limited reported revenue of ₹1.87 Cr (up 70% YoY) for FY 2024.
Revenue · FY 2024
₹1.87 Cr ▲ 70%
Net profit · FY 2024
₹43.71 Lakh margin 23.3%
EBITDA · FY 2024
₹74.19 Lakh margin 39.6%
Compounded Annual Growth Rate (CAGR) of Madrecha Solutions Private Limited
Revenue CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 80%
5 years · compounded
▲ 109%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 126%
5 years · compounded
▲ 135%
Revenue has grown at a compounded annual rate (CAGR) of 109% over five years, including 70% growth in the latest year. EBITDA rose 99% 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 Madrecha 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 | ₹74.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹43.71 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 Madrecha Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.3% | •••• | •••• | •••• | •••• |
| 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 Madrecha Solutions are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
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Board of Directors of Madrecha Solutions Private Limited
Madrecha Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manas Ashok Madrecha | Whole-Time Director | 15 Sep 2022 | 4 Years 1 Months | Current |
| Adarsh Ashok Madrecha Also directs: Siddhachal Share Consultants Private Limited | Director | 02 Sep 2015 | 11 Years 1 Months | Current |
| Ashok Kumar Madrecha Also directs: Siddhachal Share Consultants Private Limited | Director | 02 Sep 2015 | 11 Years 1 Months | Current |
Peer Comparison of Madrecha Solutions Private Limited
Madrecha Solutions 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 |
|---|---|---|---|---|---|---|
| Conduit Technet Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | 179.0% | •••• | Salipur, Odisha, India |
| Hardee Software Solutions Private Limited | ₹1.88 Cr (FY 2022) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Isg Compusolutions India Private Limited | ₹1.87 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Hyderabad, Telangana, India |
| Sakshi Infoway Private Limited | ₹1.87 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Sardarnagar Main Road, Rajkot, Gujarat, India |
| Exalture Software Labs Private Limited | ₹1.87 Cr (FY 2021) | •••• | •••• | 26.0% | •••• | Ernakulam, Kerala, India |
| Madrecha Solutions Private Limited this company | ₹1.87 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Thane, Maharashtra, India |
| Prometheas Technologies Private Limited | ₹1.87 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Vadodara, Gujarat, India |
| Online Productivity Solutions Private Limited | ₹1.87 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Verna, Goa, India |
| Zero Designs Private Limited | ₹1.87 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| Sanava India Private Limited | ₹1.87 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Hyderabad, Telangana, India |
| Emazel Tech Private Limited | ₹1.87 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Madrecha Solutions 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 Madrecha Solutions Private Limited
Madrecha Solutions Private Limited is audited by Kirankumar Jain & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kirankumar Jain & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Madrecha Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Madrecha Solutions Private Limited
Madrecha Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Madrecha Solutions Private Limited
Employment history and EPFO contributions of people linked to Madrecha Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Madrecha Solutions Private Limited
Madrecha Solutions Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Manas Ashok Madrecha was appointed as Whole-Time Director on 15 Sep 2022.
AGM
Madrecha Solutions Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
Filing
Madrecha Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Manas Ashok Madrecha was appointed as Whole-Time Director.
Appointed
Adarsh Ashok Madrecha was appointed as Director.
Appointed
Ashok Kumar Madrecha was appointed as Director.
Incorporation
02 Sep 2015
Madrecha Solutions Private Limited was registered on 02 Sep 2015 with Roc Mumbai & aged 11 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Madrecha Solutions Private Limited
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MSME Payment Delays by Madrecha Solutions Private Limited
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Subsidiaries & Group Companies of Madrecha Solutions Private Limited
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GST Compliance of Madrecha Solutions Private Limited
Madrecha Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM9929L1ZM | Maharashtra | Active | 10 Aug 2020 |
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MCA Filings & Documents of Madrecha Solutions Private Limited
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Frequently Asked Questions about Madrecha Solutions Private Limited
Madrecha Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 02 September 2015 (11+ years old) and is registered under CIN U72300MH2015PTC268005.
Madrecha Solutions reported revenue of ₹1.87 Cr for FY 2024 (up 70% YoY).
Madrecha Solutions has 3 current directors:
- Manas Ashok Madrecha - Whole-Time Director
- Adarsh Ashok Madrecha - Director
- Ashok Kumar Madrecha - Director
Madrecha Solutions reported a net profit of ₹43.71 Lakh (net margin 23.3%) and EBITDA of ₹74.19 Lakh (EBITDA margin 39.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Madrecha Solutions is 80% over three years and 109% over five years. In the latest year (FY 2024) revenue rose 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Madrecha Solutions is 27AAJCM9929L1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Madrecha Solutions is U72300MH2015PTC268005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madrecha Solutions was incorporated on 02 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Madrecha Solutions by revenue are Conduit Technet Private Limited, Hardee Software Solutions Private Limited, Isg Compusolutions India Private Limited, Sakshi Infoway Private Limited, Exalture Software Labs Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Manas Ashok Madrecha was appointed as Whole-Time Director on 15 Sep 2022. Adarsh Ashok Madrecha was appointed as Director on 02 Sep 2015. Ashok Kumar Madrecha was appointed as Director on 02 Sep 2015.
Yes, Madrecha Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0014128).