About MA IT Solutions
MA IT Solutions is a Technology company based in Worthington (United States) founded in 2016. It delivers comprehensive IT solutions for application development and network security. It operates on a B2B model. The company has 340 employees. Its Indian entity Ma It Solutions Private Limited reported revenue of ₹55.39 Cr. Its focus areas include IT Services, Software and Security and Application Development. Similar companies include Genpact, 1&1 IONOS and Mavenir; 1 of its 3 listed similar companies has raised funding.
Company details
MA IT Solutions, established in 2016, excels in leveraging cutting-edge technology, providing IT services, software and security, and application development. Delivers comprehensive IT solutions for application development and network security. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Worthington, United States
- Employees 340
- SectorsTechnology
- Website mait-solutions.com
- Legal Name Ma It Solutions Private Limited
- Date of Incorporation 09 Aug, 2016
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹55.39 Cr
FY 2023 · +56% YoY
- Indian entity net profit₹1.10 Cr
FY 2023 · 2% margin
- Indian entity EBITDA₹2.37 Cr
FY 2023 · 4% margin
- Employee Count340
Associated legal entities of MA IT Solutions
MA IT Solutions operates through Ma It Solutions Private Limited (under process of striking off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ma It Solutions Private Limited CIN U72900TG2016PTC111362 | Under Process Of Striking Off | 09 Aug 2016 | Hyderabad, Telangana | ₹55.4 Cr | 340 | 2 | View details |
Board of directors of Ma It Solutions Private Limited (MA IT Solutions)
Ma It Solutions Private Limited is the primary company behind MA IT Solutions. The board of Ma It Solutions Private Limited currently have 2 directors; the longest-serving is Kiran Bhati, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Bhati DIN 07559572 | Director | 09 Aug 2016 | 10 yrs 2 mo | Ma It Solutions Private Limited |
| Yashpal Singh Bhati DIN 00176882 | Whole-time director | 09 Aug 2016 | 10 yrs 2 mo | Ma It Solutions Private Limited |
Financials of MA IT Solutions
Figures of Ma It Solutions Private Limited, the primary company behind MA IT Solutions, for FY 2023. Revenue was ₹55.39 Cr (+56% year on year). Net profit was ₹1.10 Cr (2% margin). EBITDA was ₹2.37 Cr (4% margin). Revenue has grown at a compounded annual rate of +57% over three years and +36% over five years.
- ₹55.39 CrRevenue · FY 2023 · +56% YoY
- ₹1.10 CrNet profit · 2% margin
- ₹2.37 CrEBITDA · 4% margin
- ₹75,000Paid-up capital
- 340Employees (provident fund records)
- +57%Revenue CAGR, 3 years
- +36%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ma It Solutions Private Limited are on its company page.
Detailed financial statements for MA IT Solutions
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- Financial ratios
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Similar companies to MA IT Solutions
MA IT Solutions has 3 listed similar companies in our database, 1 of them funded. They include Genpact, 1&1 IONOS and Mavenir.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. |
Detailed similar companies of MA IT Solutions
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- Operating metrics
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Top companies in Programming & Software Development Tools
3 companies that operate in the same segment as MA IT Solutions (Programming & Software Development Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 |
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Frequently Asked Questions about MA IT Solutions
MA IT Solutions was founded in 2016.
MA IT Solutions is headquartered in Worthington, United States. It is registered at Worthington, Ohio, United States.
MA IT Solutions has 340 employees.
The primary company behind MA IT Solutions, Ma It Solutions Private Limited, reported revenue of ₹55.39 Cr for FY 2023, up 56% year on year.
MA IT Solutions, established in 2016, excels in leveraging cutting-edge technology, providing IT services, software and security, and application development. Delivers comprehensive IT solutions for application development and network security. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
MA IT Solutions operates through Ma It Solutions Private Limited.
The legal entities of MA IT Solutions currently have 2 directors, including Kiran Bhati, Yashpal Singh Bhati.