Mugam Solutions and Services Private Limited
About Mugam Solutions and Services Private Limited
Data last updated:
Mugam Solutions and Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 19 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2018PTC123294.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pitchai Balamurugan (Whole-Time Director) and Vijayavani Shankar (Whole-Time Director).
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 No.19 Flat – 4 Kandasamy Nagar Extn 6th Cross Street, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2023, the company reported a revenue of ₹44.3 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹24,300 (net margin 0.5%) and EBITDA of ₹32,830 (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Company details
Contact details
Mugam Solutions and Services Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo.19 Flat – 4 Kandasamy Nagar Extn 6th Cross Street, Chennai, Tamil Nadu, India – 600116
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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
Business activity
The main business activity of Mugam Solutions and Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Mugam Solutions and Services Private Limited, buy the company report.
Financials of Mugam Solutions and Services Private Limited
FY 2023 filings availableMugam Solutions and Services Private Limited reported revenue of ₹44.3 Lakh (down 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 20% fall in the latest year. EBITDA fell 85% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | ₹32,830 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24,300 | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Mugam Solutions and Services Private Limited, buy the company report.
Board of directors of Mugam Solutions and Services Private Limited
Mugam Solutions and Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pitchai Balamurugan Also directs: Aahaz Solutions and Services Private Limited | Whole-Time Director | 16 Jun 2019 | 7 Years 4 Months | Current |
| Vijayavani Shankar Also directs: Aahaz Solutions and Services Private Limited | Whole-Time Director | 16 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Mugam Solutions and Services 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nayak Facility Management India Private Limited | ₹44.41 Lakh (FY 2025) | 0.0% | Khurja, Uttar Pradesh, India | |||
| Kimon Services Private Limited | ₹44.38 Lakh (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Mindzone Technologies Private Limited | ₹44.34 Lakh (FY 2024) | 41.0% | Kanpur, Uttar Pradesh, India | |||
| Conscript Bizconnect Private Limited | ₹44.32 Lakh (FY 2024) | 75.0% | Chennai, Tamil Nadu, India | |||
| RPV Digital Marketing Private Limited | ₹44.32 Lakh (FY 2021) | -63.0% | Moradabad, Uttar Pradesh, India | |||
| Mugam Solutions and Services Private Limitedthis company | ₹44.3 Lakh (FY 2023) | ₹24,300 | 0.5% | -20.0% | Chennai, Tamil Nadu, India | |
| Euphern Technology Private Limited | ₹44.3 Lakh (FY 2017) | 6.0% | Purba Midnapore, West Bengal, India | |||
| Kochhar Business Services India Private Limited | ₹44.26 Lakh (FY 2024) | 89.0% | New Delhi, Delhi, India | |||
| Kiona Software Solution Private Limited | ₹44.24 Lakh (FY 2021) | -50.0% | Bangalore. 560034, Karnataka, India | |||
| Dong Valley Consultants Private Limited | ₹44.23 Lakh (FY 2022) | -27.0% | New Delhi, Delhi, India | |||
| Baytown Bondings (OPC) Private Limited | ₹44.22 Lakh (FY 2025) | 24.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mugam Solutions and Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mugam Solutions and 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 Mugam Solutions and Services 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 Mugam Solutions and Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mugam Solutions and Services Private Limited has 8 board changes on record since 2018: 5 appointments and 3 cessations. The latest: Dhanapal Mohana ceased to be Director on 19 Jun 2019.
Frequently asked questions
Mugam Solutions and Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 19 June 2018 (8+ years old) and is registered under CIN U74999TN2018PTC123294.
Mugam Solutions and Services has 2 current directors:
- Pitchai Balamurugan - Whole-Time Director
- Vijayavani Shankar - Whole-Time Director
The latest financial statements of Mugam Solutions and Services 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Mugam Solutions and Services is U74999TN2018PTC123294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mugam Solutions and Services was incorporated on 19 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mugam Solutions and Services by revenue are Nayak Facility Management India Private Limited, Kimon Services Private Limited, Mindzone Technologies Private Limited, Conscript Bizconnect Private Limited, RPV Digital Marketing Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Dhanapal Mohana ceased to be Director on 19 Jun 2019. Mahendran Kalaivani ceased to be Director on 19 Jun 2019. Murugalakshmi ceased to be Director on 19 Jun 2019. Mugam Solutions and Services has 8 board changes on record in total.
The registered office of Mugam Solutions and Services is at No.19 Flat – 4 Kandasamy Nagar Extn 6th Cross Street, Chennai, Tamil Nadu, India – 600116.
Mugam Solutions and Services operates in the business services industry, in the miscellaneous business activities segment.
Mugam Solutions and Services can be reached at its registered office: No.19 Flat – 4 Kandasamy Nagar Extn 6th Cross Street, Chennai, Tamil Nadu, India – 600116.
Mugam Solutions and Services is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
