MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-10-0016724
Mpcon Limited - business outsourcing in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹212.61 Cr
▼ 10% YoY
Net profit · FY 2025
₹6.13 Cr
Net margin 2.9%
EBITDA · FY 2025
₹8.53 Cr
EBITDA margin 4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
47 yrs
Est. 1979
Employees · EPFO
12
Provident fund records
Directors on board
9
As per MCA filings
About Mpcon Limited
Data last updated:
Mpcon Limited is a public limited union government company based in Bhopal, Madhya Pradesh, India, a subsidiary of Ifci Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 March 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74140MP1979GOI001502. Its GSTIN is 23AABCM0090J1ZS (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Madhya Pradesh Consultancy Organisation Ltd. It is led by directors including Bharat Keswani (Managing Director) and Arun Kumar Goyal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor 35 Rajeev Gandhi Bhawan Parisar – 2 Shyamla Hills, Bhopal, Madhya Pradesh, India – 462002.
As per the financials filed for FY 2025, the company reported a revenue of ₹212.61 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹6.13 Cr (net margin 2.9%) and EBITDA of ₹8.53 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 31% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MPCON. Court records list 36 cases involving the company, including 3 filed by the company and 33 filed against it; 13 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹96.2 Lakh; the latest was in November 2021. Its 10 peer companies in the Outsourcing industry (Consulting Services, HR Outsourcing) are compared by revenue, 5 larger and 5 smaller; the largest is Medhaj Techno Concept Private Limited with revenue of ₹217.7 Cr.
Mpcon Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0016724). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpconsultancy.org.
Company Details of Mpcon Limited
CIN U74140MP1979GOI001502
Registration Number 001502
Incorporation Date 23 March 1979
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ifci Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-10-0016724
CIN History of Mpcon Limited
Mpcon has one previous CIN (Corporate Identification Number): U74140MP1979SGC001502. The current CIN is U74140MP1979GOI001502, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MP1979GOI001502 | Current |
| U74140MP1979SGC001502 | Previous |
Recognitions & Rankings of Mpcon
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor 35 Rajeev Gandhi Bhawan Parisar – 2 Shyamla Hills, Bhopal, Madhya Pradesh, India – 462002
- IndustryBusiness Outsourcing, Business & IT Consulting, HR Outsourcing & Talent Management
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Associated Brands with Mpcon Limited
Mpcon operates one associated brand: MPCON. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consulting services are offered by MPCON in professional sectors. | mpconsultancy.org |
Business Activity of Mpcon Limited
The main business activity of Mpcon is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
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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 Mpcon Limited FY 2025 filings available
Mpcon Limited reported revenue of ₹212.61 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹212.61 Cr ▼ 10%
Net profit · FY 2025
₹6.13 Cr margin 2.9%
EBITDA · FY 2025
₹8.53 Cr margin 4%
Compounded Annual Growth Rate (CAGR) of Mpcon Limited
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 41%
5 years · compounded
▲ 31%
EBITDA CAGR growth
3 years · compounded
▲ 69%
5 years · compounded
▲ 79%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. 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 Mpcon Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.13 Cr | •••• | •••• | •••• | •••• |
| 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 Mpcon Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 Mpcon are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Mpcon Limited
Mpcon has 9 current directors and 89 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Goyal Also directs: Bharat Prakashan (Delhi) Ltd, 365 Inclusive Sales Private Limited | Director | 06 Sep 2021 | 5 Years 1 Months | Current |
| Kundan Jyoti | Nominee Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Rajeev Saksena | Nominee Director | 22 May 2025 | 1 Years 5 Months | Current |
| Anil Kumar Thagle | Nominee Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Pramod Kumar Dwibedi | Nominee Director | 04 Apr 2024 | 2 Years 6 Months | Current |
| Ravi Ranjan Mishra | Nominee Director | 13 Oct 2022 | 4 Years 0 Months | Current |
Showing 6 of 9 current directors. View all directors
Peer Comparison of Mpcon Limited
Mpcon Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medhaj Techno Concept Private Limited | ₹217.7 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Lucknow, Uttar Pradesh, India |
| Arcos Skill Management Services Private Limited | ₹217.68 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Everdeliver Logistics Private Limited | ₹215.42 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Kolkata, West Bengal, India |
| Hippostores Platforms Private Limited | ₹214.65 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Frontline (NCR) Business Solutions Private Limited | ₹213.92 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Mpcon Limited this company | ₹212.61 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Bhopal, Madhya Pradesh, India |
| Dayforce India Private Limited | ₹209.49 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Labournet Services India Private Limited | ₹208.99 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Emdee Digitronics Private Limited | ₹205.96 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Deccan Equipment Management and Services Private Limited | ₹205.55 Cr (FY 2020) | •••• | •••• | 7.0% | •••• | Surat, Gujarat, India |
| India Retails & Hospitality Private Limited | ₹205.48 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below Mpcon by revenue in the Outsourcing industry (Consulting Services, HR Outsourcing), 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 Mpcon Limited
Mpcon Limited is audited by S B C J & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S B C J & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Mpcon Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Mpcon Limited
Mpcon Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Mpcon Limited
Mpcon Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹96.2 Lakh; the latest was in November 2021.
Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹96.2 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: Bank of Baroda, Amrex Marketing Pvt Ltd Seller: Dena Bank, an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Madhya Pradesh Laghu Udyog Nigam Limited , State Bank Of India, an individual Seller: Madhya Pradesh State Industries Corpn Lt D, Industrial Development Bank Of India, STATE BANK OF INDORE |
| Mar 2009 | Funding round | ₹35.1 Lakh | Investors: Industrial Finance Corporation Of India, Madhya Pradesh Laghu Udyog Nigam Limited , State Bank Of India |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Madhya Pradesh Financial Corporation, Madhya Pradesh State Industrial Development Corporation Limited , Union Bank Of India Seller: Industrial Finance Corporation Of India, Madhya Pradesh Audyogik Vikas Nigam Limited, UNITED COMMERCIAL BANK |
| Mar 2006 | Funding round | ₹16.2 Lakh | Investors: Industrial Finance Corporation Of India, Icici Bank Limited , Industrial Development Bank Of India |
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Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mpcon Limited
Mpcon Limited has 36 court cases on record: 3 filed by Mpcon, 33 filed against it. 13 cases are pending and 23 are disposed.
Total cases
36
Filed by the company
3
Filed against the company
33
Pending
13
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 31 | 13 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Writ petition | Filed against the company by Divergent Mobility Solutions Private Limited, | Pending |
| High Court | Writ petition | Filed against the company by Divergent Mobility Solutions Private Limited | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed against the company | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by an individual | Pending |
| High Court of Chhattisgarh | Court case (WPS) | Filed against the company by an individual | Pending |
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Full case history
All 36 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Mpcon Limited
Mpcon Limited has a workforce of 12 employees as of Apr 07, 2024.
Employee count
12
Active EPFO establishments
1
Employee growth
-14.29%
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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 Mpcon Limited
Mpcon Limited has 101 board changes on record since 2007: 12 appointments and 89 cessations. The latest: Dheeraj Goel was appointed as Nominee Director on 13 Aug 2025.
AGM
Mpcon Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Dheeraj Goel was appointed as Nominee Director.
Appointed
Jatinder Mankotia was appointed as Nominee Director.
Ceased
Shailendra Singh Bora ceased to be Nominee Director.
Ceased
Tarsem Singh ceased to be Nominee Director.
Appointed
Rajeev Saksena was appointed as Nominee Director.
Filing
Mpcon Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Ashutosh Singla ceased to be Managing Director.
Appointed
Bharat Keswani was appointed as Managing Director.
Ceased
Lokesh Krishna ceased to be Nominee Director.
Appointed
Pramod Kumar Dwibedi was appointed as Nominee Director.
Appointed
Kundan Jyoti was appointed as Nominee Director.
92 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mpcon Limited
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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
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MSME Payment Delays by Mpcon Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Mpcon Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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GST Compliance of Mpcon Limited
Mpcon has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM0090J1ZS | Madhya Pradesh | Active | 01 Jul 2017 |
| 22AABCM0090J1ZU | Chattisgarh | Active | 09 Aug 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Mpcon Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Mpcon Limited
Mpcon is an active public limited union government company based in Bhopal, Madhya Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 March 1979 (47+ years old) and is registered under CIN U74140MP1979GOI001502.
Mpcon reported revenue of ₹212.61 Cr for FY 2025 (down 10% YoY).
Mpcon has 9 current directors:
- Bharat Keswani - Managing Director
- Arun Kumar Goyal - Director
- Kundan Jyoti - Nominee Director
- Rajeev Saksena - Nominee Director
- Anil Kumar Thagle - Nominee Director
- Pramod Kumar Dwibedi - Nominee Director
- Ravi Ranjan Mishra - Nominee Director
- Dheeraj Goel - Nominee Director
- Jatinder Mankotia - Nominee Director
Mpcon reported a net profit of ₹6.13 Cr (net margin 2.9%) and EBITDA of ₹8.53 Cr (EBITDA margin 4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mpcon is 41% over three years and 31% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mpcon is 23AABCM0090J1ZS, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 22AABCM0090J1ZU (Chattisgarh).
The CIN (Corporate Identification Number) of Mpcon is U74140MP1979GOI001502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mpcon has 36 court cases on record: 3 filed by the company and 33 filed against it. 13 are pending. Most are in the high courts.
Mpcon was incorporated on 23 March 1979, making it 47+ years old. It is registered with the Registrar of Companies, Gwalior.
Mpcon has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹96.2 Lakh; the latest was in November 2021.
The peers of Mpcon by revenue are Medhaj Techno Concept Private Limited, Arcos Skill Management Services Private Limited, Everdeliver Logistics Private Limited, Hippostores Platforms Private Limited, Frontline (NCR) Business Solutions Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, HR Outsourcing).