42Gears Mobility Systems Private Limited

42Gears Mobility Systems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2010PTC055249 Incorporated 22 September 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹216.08 Cr
▲ 29% YoY
Net profit · FY 2025
₹61.69 Cr
Net margin 28.6%
EBITDA · FY 2025
₹79.4 Cr
EBITDA margin 36.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.25 Lakh
Issued & subscribed
Open charges
₹19.4 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
353
Provident fund records

About 42Gears Mobility Systems Private Limited

Data last updated:

42Gears Mobility Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 September 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC055249. Its GSTIN is 29AAACZ4458Q1ZE (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.25 Lakh. It is led by directors Onkar Singh Parhar and Prakash Gupta.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor 2B Amr Tech Park Hosur Main Road Bommanahalli, Bangalore, Karnataka, India – 560068.

As per the financials filed for FY 2025, the company reported a revenue of ₹216.08 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹61.69 Cr (net margin 28.6%) and EBITDA of ₹79.4 Cr (EBITDA margin 36.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 23% over five years.

The company has about 353 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: 42Gears. As per MCA filings, the company has open charges of ₹19.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 42gears.com.

Company Details of 42Gears Mobility Systems Private Limited
CIN U72200KA2010PTC055249
Registration Number 055249
Incorporation Date 22 September 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    1st Floor 2B Amr Tech Park Hosur Main Road Bommanahalli, Bangalore, Karnataka, India – 560068
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for 42Gears Mobility Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with 42Gears Mobility Systems Private Limited

42Gears Mobility Systems operates one associated brand: 42Gears. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers mobile device management and security solutions.42gears.com

Competitors & Alternatives of 42Gears Mobility Systems Private Limited

Brands and companies operating in the same space as 42Gears Mobility Systems Private Limited include Kandji, Scalefusion, Miradore and 6 more.

CompetitorDescriptionLocationFounded
Kandji Kandji Mobile device management is facilitated through a cloud-based platform.San Diego, United States2018
Scalefusion Scalefusion Unified endpoint management and device management solutionPune, India2014
Miradore Miradore Cloud-based solutions for mobile device management are provided.Lappeenranta, Finland2006
Hexnode Hexnode Provides software for managing and securing mobile, PC, and wearable devices in enterprises.Kochi, India2013
Location Labs Location Labs Mobile location and security services are offered by Location Labs.Emeryville, United States2001
Samsung Knox Samsung Knox Mobile device management solutions are offered for Samsung business devices.Suwon-si, South Korea2013
Matrix42 Benelux Matrix42 Benelux IT and enterprise service management software is provided for businesses.Frankfurt Am Main, Germany2009
Zenprise Zenprise Mobile devices are managed and secured via a compliance platform.Redwood City, United States2003
Mason America Mason America Custom Android devices are built, deployed, and managed for enterprises.Seattle, United States2015

Business Activity of 42Gears Mobility Systems Private Limited

The main business activity of 42Gears Mobility Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of 42Gears Mobility Systems Private Limited

42Gears Mobility Systems Private Limited is audited by HNAK & Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
HNAK & AssociatesLockedLockedLocked
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Board of Directors and KMP of 42Gears Mobility Systems Private Limited

42Gears Mobility Systems Private Limited currently reports 2 directors and 1 key managerial person. 1 former director has served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Ashok PoojariCfo01 Dec 201312 Years 10 MonthsCurrent
Onkar Singh ParharDirector22 Sep 201016 Years 0 MonthsCurrent
Prakash GuptaDirector22 Sep 201016 Years 0 MonthsCurrent

Financials of 42Gears Mobility Systems Private Limited FY 2025 filings available

42Gears Mobility Systems Private Limited reported revenue of ₹216.08 Cr (up 29% YoY) for FY 2025.

Revenue · FY 2025
₹216.08 Cr ▲ 29%
Net profit · FY 2025
₹61.69 Cr margin 28.6%
EBITDA · FY 2025
₹79.4 Cr margin 36.7%

Compounded Annual Growth Rate (CAGR) of 42Gears Mobility Systems Private Limited

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 16%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 8%
5 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 29% growth in the latest year. EBITDA rose 55% 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 of 42Gears Mobility Systems Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹79.4 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹61.69 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 42Gears Mobility Systems Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin36.7%••••••••••••••••
Net Profit Margin28.6%••••••••••••••••
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 42Gears Mobility Systems are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of 42Gears Mobility Systems Private Limited

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Charges & Borrowings of 42Gears Mobility Systems Private Limited

Open charges
₹19.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Citi Bank N.A.₹18.00 Cr
Hdfc Bank Limited₹1.40 Cr
Latest charge details
DateLenderAmountStatus
29 Mar 2023Hdfc Bank Limited₹1.22 CrOpen
24 Mar 2023Hdfc Bank Limited₹18.49 LakhOpen
26 Oct 2019Citi Bank N.A.₹18 CrOpen

Total charge records: 3 View all charges

Employees and EPFO Compliance at 42Gears Mobility Systems Private Limited

42Gears Mobility Systems Private Limited has a workforce of 353 employees as of Apr 03, 2024.

Employee count
353
Active EPFO establishments
2
Employee growth
12.42%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of 42Gears Mobility Systems Private Limited

42Gears Mobility Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACZ4458Q1ZEKarnatakaActive01 Jul 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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Credit Ratings, Litigation & Regulatory Alerts for 42Gears Mobility Systems Private Limited

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MSME Payment Delays by 42Gears Mobility Systems Private Limited

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Subsidiaries & Group Companies of 42Gears Mobility Systems Private Limited

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MCA Filings & Documents of 42Gears Mobility Systems Private Limited

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Recent Activity on 42Gears Mobility Systems Private Limited

Activity
30 Sep 2025
42Gears Mobility Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
42Gears Mobility Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
01 Jun 2023
A charge with Citi Bank N.A. of Rs. 1,800.00 Lakh registered on 26 Oct 2019 with Charge ID 100308038 was modified on 01 Jun 2023.
Charges
29 Mar 2023
A charge with Hdfc Bank Limited amounted to Rs. 122.00 Lakh with Charge ID 100713163 was registered on 29 Mar 2023.
Charges
24 Mar 2023
A charge with Hdfc Bank Limited amounted to Rs. 18.49 Lakh with Charge ID 100713721 was registered on 24 Mar 2023.
Charges
26 Oct 2019
A charge with Citi Bank N.A. amounted to Rs. 1,800.00 Lakh with Charge ID 100308038 was registered on 26 Oct 2019.

Recent News on 42Gears Mobility Systems Private Limited

Frequently Asked Questions about 42Gears Mobility Systems Private Limited

42Gears Mobility Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 September 2010 (16+ years old) and is registered under CIN U72200KA2010PTC055249.

42Gears Mobility Systems reported revenue of ₹216.08 Cr for FY 2025 (up 29% YoY).

42Gears Mobility Systems has 3 current directors and KMP:

42Gears Mobility Systems reported a net profit of ₹61.69 Cr (net margin 28.6%) and EBITDA of ₹79.4 Cr (EBITDA margin 36.7%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of 42Gears Mobility Systems is 16% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of 42Gears Mobility Systems is 29AAACZ4458Q1ZE, registered in Karnataka.

The CIN (Corporate Identification Number) of 42Gears Mobility Systems is U72200KA2010PTC055249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

42Gears Mobility Systems has 1 court case on record: 1 filed by the company. 1 is pending.

42Gears Mobility Systems was incorporated on 22 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

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