About Mahaonline Limited
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Mahaonline Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Consultancy Services Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PLC206026. Its GSTIN is 27AAGCM6746G1Z7 (Maharashtra).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹2.55 Cr. It is led by directors including Parrag Jaiin Nainutia and Tej Paul Bhatla.
Its last annual general meeting (AGM) was held on 30 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Directorate Of Information Technology Mantralaya Annexe 7th Floor, Mumbai, Maharashtra, India – 400032.
As per the financials filed for FY 2026, the company reported a revenue of ₹6.75 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹4.26 Cr (net margin 63.1%) and EBITDA of ₹5.75 Cr (EBITDA margin 85.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 30% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahaonline.gov.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDirectorate Of Information Technology Mantralaya Annexe 7th Floor, Mumbai, Maharashtra, India – 400032
- 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 Mahaonline Limited
The main business activity of Mahaonline 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 Mahaonline Limited FY 2025 filings available
Mahaonline Limited reported revenue of ₹6.75 Cr (down 9% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Mahaonline Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 9% fall in the latest year. EBITDA fell 5% 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 Mahaonline Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹5.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.26 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 of Mahaonline Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 63.1% | •••• | •••• | •••• | •••• |
| 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 Mahaonline are in the company report.
Financial statements from 2015
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 Mahaonline Limited
Mahaonline has 5 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parrag Jaiin Nainutia Also directs: Maha-Hub Foundation | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Tej Paul Bhatla Also directs: MP Online Limited, Aptonline Limited | Director | 06 Jul 2019 | 7 Years 3 Months | Current |
| Lakshminarayanan Gomatam Seshadri Also directs: Tril Bengaluru Real Estate Five Limited, Tril Bengaluru Real Estate Six Limited, MP Online Limited and 2 more | Director | 14 Nov 2017 | 8 Years 11 Months | Current |
| Rajesh Kumar | Additional Director | 26 Sep 2025 | 1 Years 0 Months | Current |
| Milind Shashikant Kamble | Director | 18 Jan 2024 | 2 Years 9 Months | Current |
Peer Comparison of Mahaonline Limited
Mahaonline Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dean Infotech Private Limited | ₹7.5 Cr (FY 2023) | •••• | •••• | 25.0% | •••• | Faridabad, Haryana, India |
| Powersoft IT Private Limited | ₹7.47 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Atlantic Data Bureau Services Private Limited | ₹7.47 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Mangalore, Karnataka, India |
| Astir IT Solutions Private Limited | ₹7.45 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Veritech Infosystems Private Limited | ₹7.45 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Bangalore, Karnataka, India |
| Rapid Acceleration India Private Limited | ₹7.44 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Henx International Technologies Private Limited | ₹7.43 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Tenacitics India Private Limited | ₹7.41 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Centric Software Technologies Private Limited | ₹7.41 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Icancerhelp India Private Limited | ₹7.39 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Gurgaon, Haryana, India |
| Mahaonline Limited this company | ₹6.75 Cr (FY 2026) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mahaonline by revenue in the Information Technology industry (Application Development), 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 Mahaonline Limited
Mahaonline Limited is audited by KBJ & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KBJ & Associates | 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 Mahaonline 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 Mahaonline Limited
Mahaonline Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Mahaonline Limited
Mahaonline Limited has 16 court cases on record: 1 filed by Mahaonline, 15 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 14 | 3 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMEX) | Filed against the company by Aksentt Tech Services Limited | Pending |
| Bombay High Court | Court case (CARBA) | Filed by the company against Aksentt Tech Services Limited | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Aksentt Tech Services Limited | Pending |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Aksentt Tech Services Limited | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Mphasis Limited | Disposed |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Mahaonline Limited
Mahaonline Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hardcastle Gis Solutions Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Mahaonline Limited
Mahaonline Limited has a workforce of 2 employees as of Apr 06, 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 Mahaonline Limited
Mahaonline Limited has 70 board changes on record since 2010: 37 appointments and 33 cessations. The latest: Rajesh Kumar was appointed as Additional Director on 26 Sep 2025.
61 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mahaonline 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.
Subsidiaries & Group Companies of Mahaonline 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 Mahaonline Limited
Mahaonline has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM6746G1Z7 | 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mahaonline 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 Mahaonline Limited
Mahaonline is an active public limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 July 2010 (16+ years old) and is registered under CIN U72900MH2010PLC206026.
Mahaonline reported revenue of ₹6.75 Cr for FY 2026 (down 9% YoY).
Mahaonline has 5 current directors:
- Parrag Jaiin Nainutia - Director
- Tej Paul Bhatla - Director
- Lakshminarayanan Gomatam Seshadri - Director
- Rajesh Kumar - Additional Director
- Milind Shashikant Kamble - Director
Mahaonline reported a net profit of ₹4.26 Cr (net margin 63.1%) and EBITDA of ₹5.75 Cr (EBITDA margin 85.3%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mahaonline is 6% over three years and -30% over five years. In the latest year (FY 2026) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mahaonline is 27AAGCM6746G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahaonline is U72900MH2010PLC206026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaonline has 16 court cases on record: 1 filed by the company and 15 filed against it. 3 are pending. Most are in the high courts.
Mahaonline was incorporated on 28 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahaonline by revenue are Dean Infotech Private Limited, Powersoft IT Private Limited, Atlantic Data Bureau Services Private Limited, Astir IT Solutions Private Limited, Veritech Infosystems Private Limited and 5 more, all in the Information Technology industry (Application Development).
Rajesh Kumar was appointed as Additional Director on 26 Sep 2025. Sujata Manoj Saunik ceased to be Director on 26 Sep 2025. Nitin Nandkishor Kareer ceased to be Additional Director on 18 Jul 2024. Mahaonline has 70 board changes on record in total.
Mahaonline has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 27 Apr 2020.