Microfinet Technologies Private Limited

Microfinet Technologies Private Limited - software in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
CIN U72200OR2016PTC025609 Incorporated 03 August 2016 ROC Cuttack HQ Bhubaneswar, Odisha, India
Active Private Limited Company software
Revenue · FY 2023
₹17.9 Lakh
▼ 6% YoY
Net loss · FY 2023
₹12,670
Net margin -0.7%
EBITDA · FY 2023
-₹4,380
EBITDA margin -0.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
GST registrations
2
None active

About Microfinet Technologies Private Limited

Data last updated:

Microfinet Technologies Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 03 August 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72200OR2016PTC025609. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhimanyu Prusty and Rebati Behera.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 1545/8053 Satya Vihar Palasuni Rasulgarh, Bhubaneswar, Odisha, India – 751010.

As per the financials filed for FY 2023, the company reported a revenue of ₹17.9 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹12,670 (net margin -0.7%) and EBITDA of -₹4,380 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U72200OR2016PTC025609
Registration Number 025609
Incorporation Date 03 August 2016
ROC Cuttack
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant

Contact details

Microfinet Technologies Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Plot No. 1545/8053 Satya Vihar Palasuni Rasulgarh, Bhubaneswar, Odisha, India – 751010
  • Industry
    Software, Software Publishing, Software Development

To see the full contact details of Microfinet Technologies Private Limited, buy the company report.

Comprehensive company report
Microfinet Technologies Private Limited - one report that includes everything
  • 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

The main business activity of Microfinet Technologies is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Microfinet Technologies Private Limited, buy the company report.

Financials of Microfinet Technologies Private Limited

FY 2023 filings available

Microfinet Technologies Private Limited reported revenue of ₹17.9 Lakh (down 6% YoY) for FY 2023.

Revenue · FY 2023
₹17.9 Lakh ▼ 6%
Net loss · FY 2023
₹12,670 margin -0.7%
EBITDA · FY 2023
-₹4,380 margin -0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 6%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 143%
3 years · compounded
▲ 65%
5 years · compounded
▼ 17%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 143% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹4,380
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12,670
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-0.2%
Net Profit Margin-0.7%
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

To see the full financial statements and ratios of Microfinet Technologies Private Limited, buy the company report.

Board of directors of Microfinet Technologies Private Limited

Microfinet Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhimanyu PrustyDirector03 Aug 201610 Years 3 MonthsCurrent
Rebati BeheraDirector21 Dec 20214 Years 10 MonthsCurrent

Peer comparison

Microfinet Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Flack Marketing Private Limited₹17.93 Lakh (FY 2025)-6.0%Thiruvananthapuram, Kerala, India
Bigshark Infinity Private Limited₹17.91 Lakh (FY 2025)-81.0%Gurgaon, Haryana, India
Smi Stanley Music India Private Limited₹17.91 Lakh (FY 2024)-22.0%Chennai, Tamil Nadu, India
Does Projects Private Limited₹17.91 Lakh (FY 2025)1.0%Ahmedabad, Gujarat, India
Shree Pitambara Technologies Private Limited₹17.91 Lakh (FY 2016)-24.0%Nagpur, Maharashtra, India
Microfinet Technologies Private Limitedthis company₹17.9 Lakh (FY 2023)-₹12,670-0.7%-6.0%Bhubaneswar, Odisha, India
Kwality Galvanisers Private Limited₹17.9 Lakh (FY 2020)17.0%Kolkata, West Bengal, India
Cybermount Solutions Private Limited₹17.9 Lakh (FY 2019)0.0%Agra, Uttar Pradesh, India
V Ensure Financial Solutions Private Limited₹17.9 Lakh (FY 2023)Chennai, Tamil Nadu, India
Aiw Media Private Limited₹17.89 Lakh (FY 2023)-58.0%New Delhi, Delhi, India
Ezzy Infovision Private Limited₹17.87 Lakh (FY 2025)-67.0%New Delhi, Delhi, India

To see the full peer comparison of Microfinet Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Microfinet Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Microfinet Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Microfinet Technologies Private Limited, buy the company report.

Recent activity

Microfinet Technologies Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Rebati Behera was appointed as Director on 21 Dec 2021.

AGM
Microfinet Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Microfinet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.
Appointed
Rebati Behera was appointed as Director.
Ceased
Sarbeswar Behera ceased to be Director.
Appointed
Abhimanyu Prusty was appointed as Director.
Incorporation
03 Aug 2016
Microfinet Technologies Private Limited was registered on 03 Aug 2016 with Roc Cuttack & aged 10 years 3 months as per MCA records.

Frequently asked questions

Microfinet Technologies is an active private limited company based in Bhubaneswar, Odisha, India. The company works in software publishing, within the software industry. It was incorporated on 03 August 2016 (10+ years old) and is registered under CIN U72200OR2016PTC025609.

Microfinet Technologies has 2 current directors:

The latest financial statements of Microfinet Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.

No. Microfinet Technologies has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Microfinet Technologies is U72200OR2016PTC025609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Microfinet Technologies was incorporated on 03 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Microfinet Technologies by revenue are Flack Marketing Private Limited, Bigshark Infinity Private Limited, Smi Stanley Music India Private Limited, Does Projects Private Limited, Shree Pitambara Technologies Private Limited and 5 more, all in the same principal business activity (other support services to organizations).

Rebati Behera was appointed as Director on 21 Dec 2021. Sarbeswar Behera ceased to be Director on 16 Dec 2021. Abhimanyu Prusty was appointed as Director on 03 Aug 2016.

The registered office of Microfinet Technologies is at Plot No. 15458053 Satya Vihar Palasuni Rasulgarh, Bhubaneswar, Odisha, India – 751010.

Microfinet Technologies operates in the software industry, in the software publishing segment.

The compliance status of Microfinet Technologies is active non-compliant as of 18 August 2026. The company is actively filing with the Registrar of Companies.