New MEK

Hyderabad, India
Offers a comprehensive suite of IT services to enhance daily business operations.

About New MEK

New MEK is a Technology company based in Hyderabad (India). It offers a comprehensive suite of IT services to enhance daily business operations. It operates on a B2B model. Its Indian entity Newmek Software Solutions Private Limited reported revenue of β‚Ή2.81 Cr. Its focus areas include Information Technology, IT Services, Business Operations and Support Services. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

New MEK offers a comprehensive suite of it services to enhance daily business operations through information technology, providing IT services, business operations, and support services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹2.81 Cr

    FY 2025 · -7% YoY

  • Net Profit
    ₹16.6 Lakh

    FY 2025 · 6% margin

  • EBITDA
    ₹27.2 Lakh

    FY 2025 · 10% margin

Board of directors of Newmek Software Solutions Private Limited (New MEK)

Newmek Software Solutions Private Limited is the primary company behind New MEK. The board of Newmek Software Solutions Private Limited currently have 2 directors; the longest-serving is Guttula Srinivas Phani, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Guttula Srinivas Phani
DIN 06968005
Director27 May 201610 yrs 5 moNewmek Software Solutions Private Limited
Padala Anitha
DIN 07392801
Director27 May 201610 yrs 5 moNewmek Software Solutions Private Limited

Financials of New MEK

Figures of Newmek Software Solutions Private Limited, the primary company behind New MEK, for FY 2025. Revenue was ₹2.81 Cr (-7% year on year). Net profit was ₹16.6 Lakh (6% margin). EBITDA was ₹27.2 Lakh (10% margin). Revenue has grown at a compounded annual rate of +10% over three years and +15% over five years.

  • ₹2.81 CrRevenue · FY 2025 · -7% YoY
  • ₹16.6 LakhNet profit · 6% margin
  • ₹27.2 LakhEBITDA · 10% margin
  • ₹1 LakhPaid-up capital
  • 36Employees (provident fund records)
  • +10%Revenue CAGR, 3 years
  • +15%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Newmek Software Solutions Private Limited are on its company page.

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Detailed financial statements for New MEK

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Competitors of New MEK

New MEK has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of New MEK

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Frequently Asked Questions about New MEK

New MEK is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

The primary company behind New MEK, Newmek Software Solutions Private Limited, reported revenue of β‚Ή2.81 Cr for FY 2025, down 7% year on year.

New MEK offers a comprehensive suite of it services to enhance daily business operations through information technology, providing IT services, business operations, and support services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

New MEK's top competitors include Happiest Minds and Datamatics.

New MEK operates through Newmek Software Solutions Private Limited.

The legal entities of New MEK currently have 2 directors, including Guttula Srinivas Phani, Padala Anitha.

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