About Mfit Technologies Private Limited
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Mfit Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 07 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2017PTC119369. Its GSTIN is 36AALCM3128P1ZY (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors Nagireddy Gadireddy and Rahul Sharma.
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 Sy No.283 Nizampet, Hyderabad, Telangana, India – 500090.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.49 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹7.88 Lakh (net margin 15.6%) and EBITDA of ₹10.54 Lakh (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 70% 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 mfit.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSy No.283 Nizampet, Hyderabad, Telangana, India – 500090
- IndustryInformation Technology, Database Management & 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 Mfit Technologies Private Limited
The main business activity of Mfit Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Mfit Technologies Private Limited FY 2025 filings available
Mfit Technologies Private Limited reported revenue of ₹50.49 Lakh (up 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mfit Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 56% growth in the latest year. EBITDA rose 136% 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 Mfit Technologies 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 | ₹10.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.88 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 Mfit Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.6% | •••• | •••• | •••• | •••• |
| 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 Mfit Technologies are in the company report.
Financial statements from FY 2018
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 Mfit Technologies Private Limited
Mfit Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nivik Technosoft Private Limited | ₹51.43 Lakh (FY 2025) | •••• | •••• | 150.0% | •••• | Bangalore, Karnataka, India |
| Storage Solutions India Private Limited | ₹51.24 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Abrar Corporation Private Limited | ₹51.04 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Trishna IT Solution Private Limited | ₹50.85 Lakh (FY 2018) | •••• | •••• | -58.0% | •••• | Ranchi, Jharkhand, India |
| Maritime Associates India Private Limited | ₹50.79 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Namakkal, Tamil Nadu, India |
| Mfit Technologies Private Limited this company | ₹50.49 Lakh (FY 2024) | •••• | •••• | 56.0% | •••• | Hyderabad, Telangana, India |
| White Capers Services Private Limited | ₹50.12 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Aarambh E-Services Private Limited | ₹49.81 Lakh (FY 2022) | •••• | •••• | 28.0% | •••• | Neemuch, Madhya Pradesh, India |
| Websamp Continuum Insights Private Limited | ₹49.14 Lakh (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Schematics Mining Private Limited | ₹48.99 Lakh (FY 2024) | •••• | •••• | -31.0% | •••• | Dehradun, Uttarakhand, India |
| Hearten Infotech Private Limited | ₹48.83 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mfit Technologies by revenue in the Information Technology industry (Database Management), 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 Mfit Technologies Private Limited
Mfit Technologies Private Limited is audited by abhishek ashok mehta for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| abhishek ashok mehta | 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 Mfit Technologies Private Limited
Mfit Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagireddy Gadireddy | Director | 07 Sep 2017 | 9 Years 1 Months | Current |
| Rahul Sharma Also directs: Altstreet Advisors LLP | Director | 07 Sep 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Mfit Technologies 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 Mfit Technologies Private Limited
Mfit Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mfit Technologies Private Limited
Employment history and EPFO contributions of people linked to Mfit Technologies.
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 Mfit Technologies Private Limited
Mfit Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Nagireddy Gadireddy was appointed as Director on 07 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Mfit Technologies 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 Mfit Technologies 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 Mfit Technologies 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 Mfit Technologies Private Limited
Mfit Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCM3128P1ZY | Telangana | Active | 21 Jun 2018 |
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 Mfit Technologies 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 Mfit Technologies Private Limited
Mfit Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 07 September 2017 (9+ years old) and is registered under CIN U72200TG2017PTC119369.
Mfit Technologies reported revenue of ₹50.49 Lakh for FY 2024 (up 56% YoY).
Mfit Technologies has 2 current directors:
- Nagireddy Gadireddy - Director
- Rahul Sharma - Director
Mfit Technologies reported a net profit of ₹7.88 Lakh (net margin 15.6%) and EBITDA of ₹10.54 Lakh (EBITDA margin 20.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mfit Technologies is 30% over three years and 70% over five years. In the latest year (FY 2024) revenue rose 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mfit Technologies is 36AALCM3128P1ZY, registered in Telangana.
The CIN (Corporate Identification Number) of Mfit Technologies is U72200TG2017PTC119369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mfit Technologies was incorporated on 07 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mfit Technologies by revenue are Nivik Technosoft Private Limited, Storage Solutions India Private Limited, Abrar Corporation Private Limited, Trishna IT Solution Private Limited, Maritime Associates India Private Limited and 5 more, all in the Information Technology industry (Database Management).
Nagireddy Gadireddy was appointed as Director on 07 Sep 2017. Rahul Sharma was appointed as Director on 07 Sep 2017.
Yes, Mfit Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).