About Mahathi Software Private Limited
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Mahathi Software Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 23 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2001PTC036273. Its GSTIN is 37AADCM9620J1Z7 (Andhra Pradesh).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.07 Cr. It is led by directors including Chaganti Sri Padmavati (Managing Director) and Srinivasa Kalyana Chakravarthy Toleti.
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 10 – 27 – 14/A Kailasametta Waltair Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.79 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Cr (net margin -13.5%) and EBITDA of ₹1.93 Cr (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 3% over five years.
The company has about 82 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mahathi. As per MCA filings, the company has open charges of ₹35.28 Cr and satisfied charges of ₹50.64 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahathi.com.
Company details
Contact details
Mahathi Software Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is mahathi.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address10 – 27 – 14/A Kailasametta Waltair Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Mahathi Software Private Limited, buy the company report.
- 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
Brands
Mahathi Software operates one associated brand: Mahathi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT solutions for healthcare providers, systems, and payers using AI and communication tools. | mahathi.com |
Business activity
The main business activity of Mahathi Software 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 Mahathi Software Private Limited, buy the company report.
Financials of Mahathi Software Private Limited
FY 2024 filings availableMahathi Software Private Limited reported revenue of ₹16.79 Cr (up 31% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. 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 | ₹1.93 Cr | ||||
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| Net Profit (PAT) | -₹2.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | -13.5% | ||||
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To see the full financial statements and ratios of Mahathi Software Private Limited, buy the company report.
Board of directors of Mahathi Software Private Limited
Mahathi Software has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Kalyana Chakravarthy Toleti | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Chaganti Sri Padmavati | Managing Director | 23 Feb 2001 | 25 Years 8 Months | Current |
| Srinivasa Kanaka Rajesh Toleti | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
Auditor
Mahathi Software Private Limited is audited by AVASARALA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVASARALA ASSOCIATES | FY 2022 | 000274S |
Shareholding
The shareholding of Mahathi Software Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahathi Software Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2023 | 100822511 | Others | ₹2.36 Cr | Open | |
| 27 Sep 2023 | 100786945 | Others | ₹10 Cr | Open | |
| 15 Mar 2023 | 100690739 | Others | ₹5.12 Cr | Open | |
| 16 Aug 2017 | 100119314 | Others | ₹17.8 Cr | Open | |
| 09 Nov 2020 | 100385473 | Uco Bank | ₹4.8 Cr | Satisfied |
To see the full charge records of Mahathi Software Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mahathi Software Private Limited has 9 court cases on record: 2 filed by Mahathi Software, 7 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 0 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Court case (CRLP) | Filed by the company against M/S. Allscripts Healthcare Technologies (India) Pvt. Ltd and 9 others | Disposed |
| High Court, ANDHRAPRADESH | Court case (CRLP) | Filed against the company by Allscripts Healthcare Technologies India Pvt Ltd and 1 other | Disposed |
| Supreme Court | Court case (1429-Criminal Matters : Matters for/against quashing of criminal proceedings) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1429-Criminal Matters : Matters for/against quashing of criminal proceedings) | Filed against the company by an individual | Pending |
| High Court, ANDHRAPRADESH | Court case (CRLP) | Filed against the company by an individual | Disposed |
To see the full case history of Mahathi Software Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mahathi Software Private Limited was last rated by Icra on 14 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Sep 2020 |
To see the full credit ratings and regulatory alerts of Mahathi Software Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahathi Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahathi Software Private Limited has a workforce of 82 employees on its EPFO records as of Mar 21, 2024, across 2 active EPFO establishments.
GST
Mahathi Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCM9620J1Z7 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahathi Software Private Limited, buy the company report.
Recent activity
Mahathi Software Private Limited has 9 board changes on record since 2001: 3 appointments and 6 cessations. The latest: Rajashree Janakiram Nanduri ceased to be Additional Director on 04 Jun 2013.
13 earlier events are in the company report.
Frequently asked questions
Mahathi Software is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 23 February 2001 (25+ years old) and is registered under CIN U72200AP2001PTC036273.
Mahathi Software has 3 current directors:
- Chaganti Sri Padmavati - Managing Director
- Srinivasa Kalyana Chakravarthy Toleti - Director
- Srinivasa Kanaka Rajesh Toleti - Director
The latest financial statements of Mahathi Software 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 2015 are in the company report.
The GSTIN of Mahathi Software is 37AADCM9620J1Z7, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Mahathi Software is U72200AP2001PTC036273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahathi Software has 9 court cases on record: 2 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Mahathi Software was incorporated on 23 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Vijayawada.
Rajashree Janakiram Nanduri ceased to be Additional Director on 04 Jun 2013. Srinivasa Kalyana Chakravarthy Toleti ceased to be Additional Director on 30 Sep 2010. Srinivasa Kanaka Rajesh Toleti ceased to be Additional Director on 30 Sep 2010. Mahathi Software has 9 board changes on record in total.
Mahathi Software can be reached through the website mahathi.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Mahathi Software is at 10 – 27 – 14A Kailasametta Waltair Visakhapatnam, Andhra Pradesh, India – 530003.
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