MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0014128
Madrecha Solutions Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.87 Cr
▲ 70% YoY
Net profit · FY 2024
₹43.71 Lakh
Net margin 23.3%
EBITDA · FY 2024
₹74.19 Lakh
EBITDA margin 39.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Madrecha Solutions Private Limited
Data last updated:
Madrecha Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 02 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC268005. Its GSTIN is 27AAJCM9929L1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manas Ashok Madrecha (Whole-Time Director) and Adarsh Ashok Madrecha.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.87 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹43.71 Lakh (net margin 23.3%) and EBITDA of ₹74.19 Lakh (EBITDA margin 39.6%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 109% over five years.
The company is associated with 2 brands: Madrecha Group and Counting Dues.
Madrecha Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0014128). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madrecha.com.
Company details
CIN U72300MH2015PTC268005
Registration Number 268005
Incorporation Date 02 September 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0014128
Key People
Manas Ashok Madrecha Whole-Time Director Adarsh Ashok Madrecha Director Ashok Kumar Madrecha Director Recognitions & Rankings of Madrecha Solutions
Contact details
Madrecha Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is madrecha.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressMadrecha Heights Plot No. A – 417 Road No. 28, L3 Wagle Industrial Area Ramnagar, Thane, Maharashtra, India – 400604
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Madrecha Solutions Private Limited, buy the company report.
Comprehensive company report
Madrecha 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
Madrecha Solutions operates two associated brands: Madrecha Group and Counting Dues. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers business advisory, real estate, and consulting services. | madrecha.com | |
| Provides bookkeeping management software for businesses. | countingdues.com |
Business activity
The main business activity of Madrecha Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Madrecha Solutions Private Limited, buy the company report.
Financials of Madrecha Solutions Private Limited
FY 2024 filings availableMadrecha Solutions Private Limited reported revenue of ₹1.87 Cr (up 70% YoY) for FY 2024.
Revenue · FY 2024
₹1.87 Cr ▲ 70%
Net profit · FY 2024
₹43.71 Lakh margin 23.3%
EBITDA · FY 2024
₹74.19 Lakh margin 39.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 80%
5 years · compounded
▲ 109%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 126%
5 years · compounded
▲ 135%
Revenue has grown at a compounded annual rate (CAGR) of 109% over five years, including 70% growth in the latest year. EBITDA rose 99% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹74.19 Lakh | ||||
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| Net Profit (PAT) | ₹43.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 39.6% | ||||
| Net Profit Margin | 23.3% | ||||
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To see the full financial statements and ratios of Madrecha Solutions Private Limited, buy the company report.
Board of directors of Madrecha Solutions Private Limited
Madrecha Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manas Ashok Madrecha | Whole-Time Director | 15 Sep 2022 | 4 Years 1 Months | Current |
| Adarsh Ashok Madrecha Also directs: Siddhachal Share Consultants Private Limited | Director | 02 Sep 2015 | 11 Years 1 Months | Current |
| Ashok Kumar Madrecha Also directs: Siddhachal Share Consultants Private Limited | Director | 02 Sep 2015 | 11 Years 1 Months | Current |
Peer comparison
Madrecha Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Conduit Technet Private Limited | ₹1.88 Cr (FY 2025) | 179.0% | Salipur, Odisha, India | |||
| Hardee Software Solutions Private Limited | ₹1.88 Cr (FY 2022) | 29.0% | Chennai, Tamil Nadu, India | |||
| Isg Compusolutions India Private Limited | ₹1.87 Cr (FY 2024) | -48.0% | Hyderabad, Telangana, India | |||
| Sakshi Infoway Private Limited | ₹1.87 Cr (FY 2025) | 8.0% | Sardarnagar Main Road, Rajkot, Gujarat, India | |||
| Exalture Software Labs Private Limited | ₹1.87 Cr (FY 2021) | 26.0% | Ernakulam, Kerala, India | |||
| Madrecha Solutions Private Limitedthis company | ₹1.87 Cr (FY 2024) | ₹43.71 Lakh | 23.3% | 70.0% | Thane, Maharashtra, India | |
| Prometheas Technologies Private Limited | ₹1.87 Cr (FY 2025) | 23.0% | Vadodara, Gujarat, India | |||
| Online Productivity Solutions Private Limited | ₹1.87 Cr (FY 2025) | -27.0% | Verna, Goa, India | |||
| Zero Designs Private Limited | ₹1.87 Cr (FY 2024) | 25.0% | Ahmedabad, Gujarat, India | |||
| Sanava India Private Limited | ₹1.87 Cr (FY 2025) | -29.0% | Hyderabad, Telangana, India | |||
| Emazel Tech Private Limited | ₹1.87 Cr (FY 2024) | -20.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Madrecha Solutions Private Limited, buy the company report.
Auditor
Madrecha Solutions Private Limited is audited by Kirankumar Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirankumar Jain & Associates | FY 2023 | 129342W |
Shareholding
The shareholding of Madrecha Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madrecha Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Madrecha 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 Madrecha Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madrecha Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM9929L1ZM | Maharashtra | Active | 10 Aug 2020 |
To see the full GST registrations and return filing status of Madrecha Solutions Private Limited, buy the company report.
Recent activity
Madrecha Solutions Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Manas Ashok Madrecha was appointed as Whole-Time Director on 15 Sep 2022.
AGM
Madrecha Solutions Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
Filing
Madrecha Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Manas Ashok Madrecha was appointed as Whole-Time Director.
Appointed
Adarsh Ashok Madrecha was appointed as Director.
Appointed
Ashok Kumar Madrecha was appointed as Director.
Incorporation
02 Sep 2015
Madrecha Solutions Private Limited was registered on 02 Sep 2015 with Roc Mumbai & aged 11 years 1 month as per MCA records.
Frequently asked questions
Madrecha Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 02 September 2015 (11+ years old) and is registered under CIN U72300MH2015PTC268005.
Madrecha Solutions has 3 current directors:
- Manas Ashok Madrecha - Whole-Time Director
- Adarsh Ashok Madrecha - Director
- Ashok Kumar Madrecha - Director
The latest financial statements of Madrecha Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Madrecha Solutions is 27AAJCM9929L1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Madrecha Solutions is U72300MH2015PTC268005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madrecha Solutions was incorporated on 02 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Madrecha Solutions by revenue are Conduit Technet Private Limited, Hardee Software Solutions Private Limited, Isg Compusolutions India Private Limited, Sakshi Infoway Private Limited, Exalture Software Labs Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Manas Ashok Madrecha was appointed as Whole-Time Director on 15 Sep 2022. Adarsh Ashok Madrecha was appointed as Director on 02 Sep 2015. Ashok Kumar Madrecha was appointed as Director on 02 Sep 2015.
Yes, Madrecha Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0014128).
Madrecha Solutions can be reached through the website madrecha.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Madrecha Solutions is at Madrecha Heights Plot No. A – 417 Road No. 28, L3 Wagle Industrial Area Ramnagar, Thane, Maharashtra, India – 400604.