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Machstatz Business Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.42 Lakh
▼ 63% YoY
Net loss · FY 2023
₹33.01 Lakh
Net margin -228.8%
EBITDA · FY 2023
-₹32.19 Lakh
EBITDA margin -223.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.36 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Machstatz Business Solutions Private Limited
Data last updated:
Machstatz Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC099115. Its GSTIN is 29AAKCM8392G1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.36 Lakh. It is led by directors including Andanu Srikant Gupta and Sameer Patnaik.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat – 102 Nandini Elegance – 4 Kalena Agrahara Bannerghatta Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.42 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹33.01 Lakh (net margin -228.8%) and EBITDA of -₹32.19 Lakh (EBITDA margin -223.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 96% over five years.
The company is associated with 1 brand: Machstatz. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹74 Lakh; the latest was in April 2021. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is M Pallonji Investment Advisors Private Limited with revenue of ₹14.44 Lakh.
Machstatz Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0095970). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website machstatz.com.
Company details
CIN U74999KA2017PTC099115
Registration Number 099115
Incorporation Date 11 January 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0095970
Recognitions & Rankings of Machstatz Business Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0095970
Contact details
Machstatz Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is machstatz.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat – 102 Nandini Elegance – 4 Kalena Agrahara Bannerghatta Road, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Machstatz Business Solutions Private Limited, buy the company report.
Comprehensive company report
Machstatz Business Solutions Private Limited - one report that includes everything
- 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
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Brands
Machstatz Business Solutions operates one associated brand: Machstatz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An IoT-based analytics platform for machine condition monitoring is provided. | machstatz.com |
Business activity
The main business activity of Machstatz Business Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Machstatz Business Solutions Private Limited, buy the company report.
Financials of Machstatz Business Solutions Private Limited
FY 2023 filings availableMachstatz Business Solutions Private Limited reported revenue of ₹14.42 Lakh (down 63% YoY) for FY 2023.
Revenue · FY 2023
₹14.42 Lakh ▼ 63%
Net loss · FY 2023
₹33.01 Lakh margin -228.8%
EBITDA · FY 2023
-₹32.19 Lakh margin -223.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 3%
5 years · compounded
▲ 96%
EBITDA CAGR growth
1 year
▼ 147%
3 years · compounded
▼ 13%
5 years · compounded
▼ 44%
Revenue fell 63% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 96%. EBITDA fell 147% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹32.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹33.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -223.2% | ||||
| Net Profit Margin | -228.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Machstatz Business Solutions Private Limited, buy the company report.
Board of directors of Machstatz Business Solutions Private Limited
Machstatz Business Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andanu Srikant Gupta | Director | 11 Jan 2017 | 9 Years 9 Months | Current |
| Sameer Patnaik | Director | 26 Jun 2019 | 7 Years 4 Months | Current |
| Pruthviraj Subudhi | Director | 26 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Machstatz Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M Pallonji Investment Advisors Private Limited | ₹14.44 Lakh (FY 2025) | -61.0% | Mumbai, Maharashtra, India | |||
| Vin Loan Consultants Private Limited | ₹14.44 Lakh (FY 2022) | 262.0% | Pune, Maharashtra, India | |||
| Indiadeals Online Solutions Private Limited | ₹14.44 Lakh (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Teligus Enterprises Private Limited | ₹14.43 Lakh (FY 2024) | -23.0% | Bangalore, Karnataka, India | |||
| Imaniac Technologies Private Limited | ₹14.42 Lakh (FY 2024) | -72.0% | New Delhi, Delhi, India | |||
| Machstatz Business Solutions Private Limitedthis company | ₹14.42 Lakh (FY 2023) | -₹33.01 Lakh | -228.8% | -63.0% | Bangalore, Karnataka, India | |
| Upskillr Software Solutions Private Limited | ₹14.42 Lakh (FY 2025) | 394.0% | Navi Mumbai, Maharashtra, India | |||
| Magnum Businesskaro Consultancy Private Limited | ₹14.42 Lakh (FY 2025) | 163.0% | New Delhi, Delhi, India | |||
| PNR Technology Private Limited | ₹14.41 Lakh (FY 2022) | -16.0% | Pune, Maharashtra, India | |||
| Kayr Technologies Private Limited | ₹14.41 Lakh (FY 2023) | -44.0% | Bangalore, Karnataka, India | |||
| Eezee Technologies Private Limited | ₹14.4 Lakh (FY 2020) | 129.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Machstatz Business Solutions Private Limited, buy the company report.
Auditor
Machstatz Business Solutions Private Limited is audited by OSTAWAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OSTAWAL & ASSOCIATES | FY 2019 | 016507S |
Shareholding
The shareholding of Machstatz Business Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Machstatz Business Solutions Private Limited, buy the company report.
Deals & funding
Machstatz Business Solutions Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹74 Lakh; the latest was in April 2021.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹74 Lakh
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Funding round | ₹32 Lakh | Investors: Surjeet Kumar HUF, 2 individuals |
| Feb 2020 | Funding round · Seed | ₹10 Lakh | Investors: DERBI Foundation |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Machstatz Business Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Machstatz Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Machstatz Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Machstatz Business Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM8392G1ZT | Karnataka | Active | 26 Oct 2017 |
To see the full GST registrations and return filing status of Machstatz Business Solutions Private Limited, buy the company report.
Recent activity
Machstatz Business Solutions Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Pruthviraj Subudhi ceased to be Additional Director on 30 Sep 2019.
AGM
Machstatz Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Machstatz Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Pruthviraj Subudhi ceased to be Additional Director.
Ceased
Sameer Patnaik ceased to be Additional Director.
Appointed
Pruthviraj Subudhi was appointed as Director.
Appointed
Sameer Patnaik was appointed as Director.
Ceased
Usha Patnaik ceased to be Director.
Appointed
Andanu Srikant Gupta was appointed as Director.
Incorporation
11 Jan 2017
Machstatz Business Solutions Private Limited was registered on 11 Jan 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
Frequently asked questions
Machstatz Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 January 2017 (9+ years old) and is registered under CIN U74999KA2017PTC099115.
Machstatz Business Solutions has 3 current directors:
- Andanu Srikant Gupta - Director
- Sameer Patnaik - Director
- Pruthviraj Subudhi - Director
The latest financial statements of Machstatz Business Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Machstatz Business Solutions is 29AAKCM8392G1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Machstatz Business Solutions is U74999KA2017PTC099115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Machstatz Business Solutions was incorporated on 11 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Machstatz Business Solutions has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹74 Lakh; the latest was in April 2021.
The peers of Machstatz Business Solutions by revenue are M Pallonji Investment Advisors Private Limited, Vin Loan Consultants Private Limited, Indiadeals Online Solutions Private Limited, Teligus Enterprises Private Limited, Imaniac Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Pruthviraj Subudhi ceased to be Additional Director on 30 Sep 2019. Sameer Patnaik ceased to be Additional Director on 30 Sep 2019. Pruthviraj Subudhi was appointed as Director on 26 Jun 2019. Machstatz Business Solutions has 6 board changes on record in total.
Yes, Machstatz Business Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Machstatz Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0095970).
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