Midas Autosoft

India Founded: 2003 • Age: 23 yrs
Provider of industrial automation, weighing solutions, and process instrumentation services.

About Midas Autosoft

Midas Autosoft is a company based in India founded in 2003. The company has 53 employees. Midas Autosoft offers products and services including Industrial Weighing Systems and Packaging Machines.

  • Headquarter India
  • Employees 53
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Social LinkedIn X Facebook
  • Legal Name Midas Autosoft Engineers Pvt. Ltd
  • Date of Incorporation 18 Apr, 2005
  • Jurisdiction Bhor, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹41.51 Cr

    FY 2024 · +11% YoY

  • Net Profit
    ₹6.87 Cr

    FY 2024 · 17% margin

  • EBITDA
    ₹10.15 Cr

    FY 2024 · 24% margin

  • Employee Count
    53

Products & Services of Midas Autosoft

Midas Autosoft offers a comprehensive portfolio of products and services, including Industrial Weighing Systems and Packaging Machines.

Industrial Weighing Systems
Automation Equipment

Industrial weighing and batching systems are designed and supplied for applications like tank, silo, hopper, and bin weighing, along with weigh feeders and belt weighers.

Packaging Machines
Manufacturing Equipment

Packaging and filling machines are provided for powder, granular, liquid, and semi-liquid materials, including VFFS packaging machines and conveyors.

Board of directors of Midas Autosoft Engineers Private Limited (Midas Autosoft)

Midas Autosoft Engineers Private Limited is the primary company behind Midas Autosoft. The board of Midas Autosoft Engineers Private Limited currently have 2 directors; the longest-serving is Navnath Babanrao Thite, appointed in 2005. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Navnath Babanrao Thite
DIN 02083357
Managing Director18 Apr 200521 yrs 5 moMidas Autosoft Engineers Private Limited
Girish Ganpatrao Latne
DIN 02072894
Whole-time director18 Apr 200521 yrs 5 moMidas Autosoft Engineers Private Limited

Financials of Midas Autosoft

Figures of Midas Autosoft Engineers Private Limited, the primary company behind Midas Autosoft, for FY 2024. Revenue was ₹41.51 Cr (+11% year on year). Net profit was ₹6.87 Cr (17% margin). EBITDA was ₹10.15 Cr (24% margin). Revenue has grown at a compounded annual rate of +78% over three years and +39% over five years.

  • ₹41.51 CrRevenue · FY 2024 · +11% YoY
  • ₹6.87 CrNet profit · 17% margin
  • ₹10.15 CrEBITDA · 24% margin
  • ₹1.54 CrPaid-up capital
  • 53Employees (provident fund records)
  • +78%Revenue CAGR, 3 years
  • +39%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Midas Autosoft Engineers Private Limited are on its company page.

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Similar companies to Midas Autosoft

10 companies that operate in the same segment as Midas Autosoft (Food Processing & Kitchen Equipment), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Innovative food and drink solutions are provided by Selecta across Europe.
1957Cham, Zug, SwitzerlandUSD 60.82 M––
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Food processing equipment and sorting machines are designed and produced.
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Frequently Asked Questions about Midas Autosoft

Midas Autosoft was founded in 2003.

Midas Autosoft is headquartered in India.

Midas Autosoft has 53 employees.

The primary company behind Midas Autosoft, Midas Autosoft Engineers Private Limited, reported revenue of β‚Ή41.51 Cr for FY 2024, up 11% year on year.

Midas Autosoft is recognized as an organization established since 2003, offering total automation solutions for process industries, including field devices, instrumentation, and turnkey projects. Solutions such as industrial weighing systems, batching systems, process instrumentation, and packaging machines are provided for sectors like steel, food, chemicals, and pharmaceuticals. International presence is maintained in countries including India, Bhutan, Oman, and others, where quality products and expertise are utilized to meet industrial requirements. Client relationships are built on trust and transparency, as evidenced by testimonials from various managers.

Midas Autosoft offers Industrial Weighing Systems and Packaging Machines.

Midas Autosoft operates through Midas Autosoft Engineers Private Limited.

The legal entities of Midas Autosoft currently have 2 directors, including Navnath Babanrao Thite, Girish Ganpatrao Latne.

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