MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0221764
Mighto Matics Private Limited
Mighto Matics Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹2.04 Cr
▲ 8% YoY
Net profit · FY 2024
₹8.82 Lakh
Net margin 4.3%
EBITDA · FY 2024
₹12.81 Lakh
EBITDA margin 6.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Mighto Matics Private Limited
Data last updated:
Mighto Matics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 16 February 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2022PTC158022.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Kodancha Prakash Vasudeva and Kaganati Jayakumar Girijesh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 158 10th Main 3rd Phase Gupta Electrical Industries Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.04 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹8.82 Lakh (net margin 4.3%) and EBITDA of ₹12.81 Lakh (EBITDA margin 6.3%).
Mighto Matics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0221764).
Company details
CIN U29309KA2022PTC158022
Registration Number 158022
Incorporation Date 16 February 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0221764
Key People
Kodancha Prakash Vasudeva Director Kaganati Jayakumar Girijesh Director Kaganti Padmanabha Gupta Gadhadhara Director Recognitions & Rankings of Mighto Matics
Contact details
Mighto Matics Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address158 10th Main 3rd Phase Gupta Electrical Industries Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
Comprehensive company report
Mighto Matics 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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Secure checkout · GST invoice included
Business activity
The main business activity of Mighto Matics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mighto Matics Private Limited, buy the company report.
Financials of Mighto Matics Private Limited
FY 2024 filings availableMighto Matics Private Limited reported revenue of ₹2.04 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹2.04 Cr ▲ 8%
Net profit · FY 2024
₹8.82 Lakh margin 4.3%
EBITDA · FY 2024
₹12.81 Lakh margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
EBITDA CAGR growth
1 year
▲ 11%
Revenue rose 8% in the latest year. EBITDA rose 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | ₹12.81 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹8.82 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
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| Inventories | |||
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| Cash and Bank Balance | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.3% | ||
| Net Profit Margin | 4.3% | ||
| 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 Mighto Matics Private Limited, buy the company report.
Board of directors of Mighto Matics Private Limited
Mighto Matics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kodancha Prakash Vasudeva | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
| Kaganati Jayakumar Girijesh Also directs: Gupta Laundromats Private Limited | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
| Kaganti Padmanabha Gupta Gadhadhara Also directs: Gupta Laundromats Private Limited | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Mighto Matics Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pressvessel Engineering Pvt Ltd | ₹2.05 Cr (FY 2024) | -31.0% | Hyderabad, Telangana, India | |||
| Central Switchgears Private Limited | ₹2.05 Cr (FY 2025) | 7.0% | Nagpur, Maharashtra, India | |||
| Assurity Pumps Private Limited | ₹2.05 Cr (FY 2025) | 86.0% | Ahmedabad, Gujarat, India | |||
| Shivas Technology Limited | ₹2.04 Cr (FY 2024) | 99.0% | New Delhi, Delhi, India | |||
| Bhatt Magnetics Pvt Ltd | ₹2.04 Cr (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Mighto Matics Private Limitedthis company | ₹2.04 Cr (FY 2024) | ₹8.82 Lakh | 4.3% | 8.0% | Bangalore, Karnataka, India | |
| Drihten Technology Private Limited | ₹2.04 Cr (FY 2025) | 65.0% | Pune, Maharashtra, India | |||
| Excel Ardor Private Limited | ₹2.04 Cr (FY 2025) | -31.0% | Hyderabad, Telangana, India | |||
| Rajashree Automation & Gauging Systems Private Limited | ₹2.04 Cr (FY 2025) | -18.0% | Pune, Maharashtra, India | |||
| Real Technologies Machines Private Limited | ₹2.04 Cr (FY 2021) | -20.0% | Pune, Maharashtra, India | |||
| Sudhir Transformers Limited | ₹2.04 Cr (FY 2025) | -57.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mighto Matics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mighto Matics 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 Mighto Matics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mighto Matics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mighto Matics Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Sanjay Shyamanur Parthanath ceased to be Director on 07 Mar 2023.
AGM
Mighto Matics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mighto Matics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Sanjay Shyamanur Parthanath ceased to be Director.
Ceased
Rengavasagam Gnanaguru ceased to be Director.
Appointed
Kaganati Jayakumar Girijesh was appointed as Director.
Appointed
Kaganti Padmanabha Gupta Gadhadhara was appointed as Director.
Appointed
Kodancha Prakash Vasudeva was appointed as Director.
Incorporation
16 Feb 2022
Mighto Matics Private Limited was registered on 16 Feb 2022 with Roc Bangalore & aged 4 years 8 months as per MCA records.
Frequently asked questions
Mighto Matics is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 16 February 2022 (4+ years old) and is registered under CIN U29309KA2022PTC158022.
Mighto Matics has 3 current directors:
- Kodancha Prakash Vasudeva - Director
- Kaganati Jayakumar Girijesh - Director
- Kaganti Padmanabha Gupta Gadhadhara - Director
The latest financial statements of Mighto Matics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Mighto Matics is U29309KA2022PTC158022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mighto Matics was incorporated on 16 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mighto Matics by revenue are Pressvessel Engineering Pvt Ltd, Central Switchgears Private Limited, Assurity Pumps Private Limited, Shivas Technology Limited, Bhatt Magnetics Pvt Ltd and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sanjay Shyamanur Parthanath ceased to be Director on 07 Mar 2023. Rengavasagam Gnanaguru ceased to be Director on 24 Sep 2022. Kaganati Jayakumar Girijesh was appointed as Director on 16 Feb 2022. Mighto Matics has 5 board changes on record in total.
Yes, Mighto Matics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0221764).
The registered office of Mighto Matics is at 158 10th Main 3rd Phase Gupta Electrical Industries Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
Mighto Matics operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
Mighto Matics can be reached at its registered office: 158 10th Main 3rd Phase Gupta Electrical Industries Peenya Industrial Area, Bangalore, Karnataka, India – 560058.