About Miracle Software Systems
Miracle Software Systems is a Technology company based in Novi (United States) founded in 1994 by Prasad Lokam. It offers a unified IT service suite for infrastructure management and user support. It operates on a B2B model. The company has 376 employees. Its chief executive, as recorded, is Prasad Lokam. Its Indian entity Miracle Software Systems (India) Private Limited reported revenue of ₹132 Cr. Its focus areas include IT Services, Infrastructure Management and User Support. Similar companies include CrowdStrike, Genpact and Cummins; 1 of its 3 listed similar companies has raised funding.
Company details
Miracle Software Systems, based in Novi, focuses on leveraging cutting-edge technology, providing IT services, infrastructure management, and user support. Offers a unified IT service suite for infrastructure management and user support. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Novi, United States
- Employees 376
- Founders Prasad Lokam
- SectorsTechnology
- Website miraclesoft.com
- Social LinkedIn X Facebook
- Legal Name Miracle Software Systems (India) Private Limited
- Date of Incorporation 23 Oct, 1997
- Indian entity revenue₹132 Cr
FY 2025 · -1% YoY
- Indian entity net profit₹10.77 Cr
FY 2025 · 8% margin
- Indian entity EBITDA₹22.48 Cr
FY 2025 · 17% margin
- Employee Count376
Associated legal entities of Miracle Software Systems
Miracle Software Systems operates through Miracle Software Systems (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Miracle Software Systems (India) Private Limited CIN U72200AP1997PTC028231 | Active | 23 Oct 1997 | Visakhapatnam, Andhra Pradesh | ₹132 Cr | 1,077 | 5 | View details |
Board of directors of Miracle Software Systems (India) Private Limited (Miracle Software Systems)
Miracle Software Systems (India) Private Limited is the primary company behind Miracle Software Systems. The board of Miracle Software Systems (India) Private Limited currently have 5 directors; the longest-serving is Venkatanagendra Lokam Madhavi, appointed in 1997.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkatanagendra Lokam Madhavi DIN 00884850 | Managing Director | 23 Oct 1997 | 29 yrs | Miracle Software Systems (India) Private Limited |
| Lokam Narasamamba Sritrinadha Bhavani Venkata DIN 02011105 | Director | 23 Oct 1997 | 29 yrs | Miracle Software Systems (India) Private Limited |
| Lokam Venkata Bangaru Nagendra Sreedhar DIN 00884906 | Director | 11 May 1998 | 28 yrs 5 mo | Miracle Software Systems (India) Private Limited |
| Venkatanagendravara Lokam Prasad DIN 00885244 | Whole-time director | 11 May 1998 | 28 yrs 5 mo | Miracle Software Systems (India) Private Limited |
| Naga Madhavi Lokam DIN 00885188 | Whole-time director | 11 May 1998 | 28 yrs 5 mo | Miracle Software Systems (India) Private Limited |
People of Miracle Software Systems
164 people are tracked at Miracle Software Systems (17 in leadership, 147 in team); the tracked headcount is 376.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership | |
Chanakya Lokam | Director Marketing | Innovation Labs | Leadership |
Jyotsna Duvvuri | Director (product Development & Cloud) / Solutions Architect | Leadership |
Eswar Toleti | Director - B2b / MFT | Leadership |
Madhavi Lokam - Ghandikota | Vice President Operations and Sales | Leadership |
Sudhakar Ghandikota | Vice President | Leadership |
Ray Otey | B2b Director | Leadership |
Kiran Mummuluri | Director of Information Technology | Leadership |
Sameer Jaokar | Director Of Intelligent Automation Practice | Leadership |
Kishore Muthyala | Business Unit Executive / Vice President | Leadership |
Jan Panditi | Vp, Sales | Leadership |
Bharathi Ramachandran | Vice President, Product Engineering | Leadership |
Siva Kusampudi | Associate Director - Marketing | Leadership |
Meda S. | Director Infrastructure Services | Leadership |
Santosh Soni | Senior Vice President | Leadership |
Prasad Kandregula | Director | Leadership |
Giri Sada | Director | Leadership |
Priyanka Boddeti | Research Associate | Team |
Albert Ivaturi | Business Development Executive | Team |
Rick Paila | Manager- Software Sales/renewals | Team |
144 more people are available in the full profile.
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Financials of Miracle Software Systems
Figures of Miracle Software Systems (India) Private Limited, the primary company behind Miracle Software Systems, for FY 2025. Revenue was ₹132 Cr (-1% year on year). Net profit was ₹10.77 Cr (8% margin). EBITDA was ₹22.48 Cr (17% margin). Revenue has grown at a compounded annual rate of +18% over three years and +12% over five years.
- ₹132 CrRevenue · FY 2025 · -1% YoY
- ₹10.77 CrNet profit · 8% margin
- ₹22.48 CrEBITDA · 17% margin
- ₹1.00 CrPaid-up capital
- 1,077Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Miracle Software Systems (India) Private Limited are on its company page.
Detailed financial statements for Miracle Software Systems
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Similar companies to Miracle Software Systems
Miracle Software Systems has 3 listed similar companies in our database, 1 of them funded. They include CrowdStrike, Genpact and Cummins.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| crowdstrike.com | 2011 | Sunnyvale, United States | $430M | 826 | Endpoint threats are detected via artificial intelligence by the platform. | |
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| cummins.com | 1919 | United States | 36,826 | Manufacturer of gas-powered construction equipment |
Detailed similar companies of Miracle Software Systems
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Web traffic of Miracle Software Systems
Websites that share an audience with Miracle Software Systems (miraclesoft.com).
Websites whose visitors overlap most with Miracle Software Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cybertech.com | 97% | 19K | #1,268,494 | View details | |
| saksoft.com | 85% | 31.6K | #807,001 | View details | |
| vvdntech.com | 80% | 72.5K | #514,921 | View details | |
| futuresoftindia.com | 76% | 26.3K | #990,303 | View details | |
| fluentgrid.com | 72% | 5.8K | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Miracle Software Systems (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Miracle Software Systems
Complete news archive for Miracle Software Systems
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Frequently Asked Questions about Miracle Software Systems
Miracle Software Systems was founded in 1994.
Miracle Software Systems is headquartered in Novi, United States. It is registered at Novi, Michigan, United States.
Prasad Lokam is the CEO of Miracle Software Systems, as recorded in our data. They have also founded this company.
Miracle Software Systems has 376 employees.
The primary company behind Miracle Software Systems, Miracle Software Systems (India) Private Limited, reported revenue of ₹132 Cr for FY 2025, down 1% year on year.
Miracle Software Systems, based in Novi, focuses on leveraging cutting-edge technology, providing IT services, infrastructure management, and user support. Offers a unified IT service suite for infrastructure management and user support. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Miracle Software Systems's top competitors include CrowdStrike, Cummins and Genpact.
Miracle Software Systems operates through Miracle Software Systems (India) Private Limited.
The legal entities of Miracle Software Systems currently have 5 directors, including Venkatanagendra Lokam Madhavi, Lokam Venkata Bangaru Nagendra Sreedhar, Venkatanagendravara Lokam Prasad and others.