About Megneil Tech Private Limited
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Megneil Tech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 25 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2011PTC058806. Its GSTIN is 29AAHCM2774P1ZN (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lakshminarayana Vijaykumar and Rohit Maharishi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.27 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹54,524 (net margin -0.4%) and EBITDA of ₹1.45 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megneil.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSri Kote Ashirwad Towers Sy. No. 25/7 Outer Ring Road Marathalli Doddanekkun, Di, Bangalore, Karnataka, India – 560037
- IndustryHealthcare, HealthTech & Medical Tech 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
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Business Activity of Megneil Tech Private Limited
The main business activity of Megneil Tech is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service 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 Megneil Tech Private Limited FY 2025 filings available
Megneil Tech Private Limited reported revenue of ₹1.27 Cr (up 13% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Megneil Tech Private Limited
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 81% 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 Megneil Tech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.27 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹54,524 | •••• | •••• | •••• | •••• |
| 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 Megneil Tech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 Megneil Tech 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.
Peer Comparison of Megneil Tech Private Limited
Megneil Tech Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ekaya Software Private Limited | ₹1.27 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| TGS Colours Private Limited | ₹1.27 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Delhi, India |
| Genesis Productservices Private Limited | ₹1.27 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Gurgaon, Haryana, India |
| 10Xconsultants Private Limited | ₹1.27 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Moga, Punjab, India |
| Iq Eq Fund Administration Services (India) Private Limited | ₹1.27 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Megneil Tech Private Limited this company | ₹1.27 Cr (FY 2022) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Naturegift Wellness Private Limited | ₹1.26 Cr (FY 2023) | •••• | •••• | -12.0% | •••• | Sancoale, Goa, India |
| Sunmix Network Private Limited | ₹1.26 Cr (FY 2022) | •••• | •••• | -55.0% | •••• | Chennai, Tamil Nadu, India |
| Friends Business Solutions Private Limited | ₹1.26 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Noida, Uttar Pradesh, India |
| Platum Innovations Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Utopian Va (India) Private Limited | ₹1.26 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Megneil Tech by revenue in the Outsourcing industry (Diversified BPO), 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 Megneil Tech Private Limited
Megneil Tech Private Limited is audited by S G BHAT & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S G BHAT & 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 Megneil Tech Private Limited
Megneil Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshminarayana Vijaykumar | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Rohit Maharishi | Director | 25 May 2011 | 15 Years 4 Months | Current |
Ownership and Shareholding of Megneil Tech 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 Megneil Tech Private Limited
Megneil Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Megneil Tech Private Limited
Megneil Tech Private Limited has a workforce of 23 employees as of Mar 28, 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 Megneil Tech Private Limited
Megneil Tech Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Lakshminarayana Vijaykumar was appointed as Director on 01 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Megneil Tech 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 Megneil Tech 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 Megneil Tech 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 Megneil Tech Private Limited
Megneil Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM2774P1ZN | Karnataka | 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 Megneil Tech 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 Megneil Tech Private Limited
Megneil Tech is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 25 May 2011 (15+ years old) and is registered under CIN U72300KA2011PTC058806.
Megneil Tech reported revenue of ₹1.27 Cr for FY 2022 (up 13% YoY).
Megneil Tech has 2 current directors:
- Lakshminarayana Vijaykumar - Director
- Rohit Maharishi - Director
Megneil Tech reported a net loss of ₹54,524 (net margin -0.4%) and EBITDA of ₹1.45 Lakh (EBITDA margin 1.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Megneil Tech is -6% over three years and -8% over five years. In the latest year (FY 2022) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Megneil Tech is 29AAHCM2774P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Megneil Tech is U72300KA2011PTC058806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megneil Tech was incorporated on 25 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Megneil Tech by revenue are Ekaya Software Private Limited, TGS Colours Private Limited, Genesis Productservices Private Limited, 10Xconsultants Private Limited, Iq Eq Fund Administration Services (India) Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Lakshminarayana Vijaykumar was appointed as Director on 01 Apr 2022. Pandu Ranga Rao Dasari ceased to be Director on 01 Apr 2022. Rohit Maharishi was appointed as Director on 25 May 2011.
Megneil Tech can be reached through the website megneil.com. Its registered office is in Bangalore, Karnataka, India.