About Better Life Mobile Technology Solutions Private Limited
Data last updated:
Better Life Mobile Technology Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the scientific services segment of the professional services sector. It was incorporated on 15 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC283704. Its GSTIN is 27AAGCB8220N1ZE (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anil Kumar Bhanushali and Talat Mahmood.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2/A 403 Shangrila Chs Shethia Nagar 90 Feet Road Opp Punjab National Bank, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹84,900, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹2.15 Lakh (net margin -252.8%) and EBITDA of -₹2.09 Lakh (EBITDA margin -246.3%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 51% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website better-life.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2/A 403 Shangrila Chs Shethia Nagar 90 Feet Road Opp Punjab National Bank, Mumbai, Maharashtra, India – 400072
- IndustryProfessional Services, Scientific, Personal, Technical
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity
The main business activity of Better Life Mobile Technology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Better Life Mobile Technology Solutions Private Limited
FY 2024 filings availableBetter Life Mobile Technology Solutions Private Limited reported revenue of ₹84,900 (down 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 87% fall in the latest year. EBITDA rose 73% 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | -₹2.09 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹2.15 Lakh | |
| 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -246.3% | |
| Net Profit Margin | -252.8% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Better Life Mobile Technology Solutions are in the company report.
: available in the company report
Board of Directors of Better Life Mobile Technology Solutions Private Limited
Better Life Mobile Technology Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Bhanushali | Director | 15 Jul 2016 | 10 Years 3 Months | Current |
| Talat Mahmood | Director | 15 Jul 2016 | 10 Years 3 Months | Current |
| Vimal Mohan Netiyara | Director | 15 Jul 2016 | 10 Years 3 Months | Current |
Auditor Details
Better Life Mobile Technology Solutions Private Limited is audited by SUDHAIYER&CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUDHAIYER&CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Better Life Mobile Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Better Life Mobile Technology Solutions.
: available in the company report
Recent Activity
Better Life Mobile Technology Solutions Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Anil Kumar Bhanushali was appointed as Director on 15 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Better Life Mobile Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB8220N1ZE | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Better Life Mobile Technology Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in scientific, within the professional services industry. It was incorporated on 15 July 2016 (10+ years old) and is registered under CIN U72900MH2016PTC283704.
Better Life Mobile Technology Solutions has 3 current directors:
- Anil Kumar Bhanushali - Director
- Talat Mahmood - Director
- Vimal Mohan Netiyara - Director
The latest financial statements of Better Life Mobile Technology Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Better Life Mobile Technology Solutions is 27AAGCB8220N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Better Life Mobile Technology Solutions is U72900MH2016PTC283704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better Life Mobile Technology Solutions was incorporated on 15 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Anil Kumar Bhanushali was appointed as Director on 15 Jul 2016. Talat Mahmood was appointed as Director on 15 Jul 2016. Vimal Mohan Netiyara was appointed as Director on 15 Jul 2016.
Better Life Mobile Technology Solutions can be reached through the website better-life.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Better Life Mobile Technology Solutions is at 2A 403 Shangrila Chs Shethia Nagar 90 Feet Road Opp Punjab National Bank, Mumbai, Maharashtra, India – 400072.
Better Life Mobile Technology Solutions operates in the professional services industry, in the scientific segment.