About MFL Insurance Services Private Limited
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MFL Insurance Services Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Mfl Net Services Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 18 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U66030TG2002PTC039934. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Anand Boddapaty and Radha Kumari Boddapati.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 402 Mgr Estate Dwarakapuri Colony Punjagutta, Hyderabad, Telangana, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹74,929, a growth of 83% compared to the previous year. For the same year it recorded a net loss of ₹1.39 Lakh (net margin -185.3%) and EBITDA of ₹49,890 (EBITDA margin 66.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over five years.
The company is associated with 1 brand: Millennium Finance.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mfl.in.
Company details
CIN history
MFL Insurance Services has one previous CIN (Corporate Identification Number): U66030AP2002PTC039934. The current CIN is U66030TG2002PTC039934, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66030TG2002PTC039934 | Current |
| U66030AP2002PTC039934 | Previous |
Contact details
MFL Insurance Services Private Limited's registered office is in Hyderabad, Telangana. Its website is mfl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address402 Mgr Estate Dwarakapuri Colony Punjagutta, Hyderabad, Telangana, India
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of MFL Insurance Services 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
MFL Insurance Services operates one associated brand: Millennium Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asset management services are provided to financial clients. | mfl.in |
Financials of MFL Insurance Services Private Limited
FY 2025 filings availableMFL Insurance Services Private Limited reported revenue of ₹74,929 (up 83% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 83% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 43%. EBITDA rose 194% 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 | ₹49,890 | ||||
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| Net Profit (PAT) | -₹1.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.6% | ||||
| Net Profit Margin | -185.3% | ||||
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To see the full financial statements and ratios of MFL Insurance Services Private Limited, buy the company report.
Board of directors of MFL Insurance Services Private Limited
MFL Insurance Services 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 |
|---|---|---|---|---|
| Anand Boddapaty Also directs: Millennium Finance Limited, MFL Net Services Private Limited, Aarvee Engineering Consultants Limited and 1 more | Director | 18 Nov 2002 | 23 Years 11 Months | Current |
| Radha Kumari Boddapati Also directs: Millennium Finance Limited, MFL Net Services Private Limited | Director | 18 Nov 2002 | 23 Years 11 Months | Current |
Peer comparison
MFL Insurance Services Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Achievum Value Creators Private Limited | ₹75,182 (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Paytron Infotech Private Limited | ₹75,119 (FY 2020) | -97.0% | Patna, Bihar, India | |||
| Bhadrawati Steel & Urja Limited | ₹75,000 (FY 2025) | Bhayander, Maharashtra, India | ||||
| Custard Apple Investments Private Limited | ₹74,934 (FY 2025) | Ahmedabad, Gujarat, India | ||||
| MFL Insurance Services Private Limitedthis company | ₹74,929 (FY 2024) | -₹1.39 Lakh | -185.3% | 83.0% | Hyderabad, Telangana, India | |
| Sahil Vanijya Private Limited | ₹74,864 (FY 2022) | -95.0% | Kolkata, West Bengal, India | |||
| Platinum Line Investments and Trading Company Private Limited | ₹74,528 (FY 2025) | -64.0% | Mumbai, Maharashtra, India | |||
| Pancham Investments Company (A Private Company) | ₹74,490 (FY 2025) | 6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of MFL Insurance Services Private Limited, buy the company report.
Auditor
MFL Insurance Services Private Limited is audited by P MURALI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P MURALI & CO | FY 2023 | 007257S |
Shareholding
The shareholding of MFL Insurance Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MFL Insurance Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MFL Insurance Services 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 MFL Insurance Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MFL Insurance Services has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of MFL Insurance Services Private Limited, buy the company report.
Recent activity
MFL Insurance Services Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Venkatachala Chakrapani Redla ceased to be Director on 28 Mar 2009.
Frequently asked questions
MFL Insurance Services is an active private limited company based in Hyderabad, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 18 November 2002 (24+ years old) and is registered under CIN U66030TG2002PTC039934.
MFL Insurance Services has 2 current directors:
- Anand Boddapaty - Director
- Radha Kumari Boddapati - Director
The latest financial statements of MFL Insurance Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. MFL Insurance Services has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of MFL Insurance Services is U66030TG2002PTC039934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MFL Insurance Services was incorporated on 18 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of MFL Insurance Services by revenue are Achievum Value Creators Private Limited, Paytron Infotech Private Limited, Bhadrawati Steel & Urja Limited, Custard Apple Investments Private Limited, Sahil Vanijya Private Limited and 2 more, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Venkatachala Chakrapani Redla ceased to be Director on 28 Mar 2009. Anand Boddapaty was appointed as Director on 18 Nov 2002. Radha Kumari Boddapati was appointed as Director on 18 Nov 2002.
MFL Insurance Services can be reached through the website mfl.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of MFL Insurance Services is at 402 Mgr Estate Dwarakapuri Colony Punjagutta, Hyderabad, Telangana, India.
MFL Insurance Services operates in the financial services industry, in the diversified financial services segment.