About Margy Tech Private Limited
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Margy Tech Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 06 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC255395. Its GSTIN is 27AAJCM2521Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramalakshmi Krishnan and Mohana Krishnan Pattabhiraman.
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 Sector 15, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹85.84 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹45.53 Lakh (net margin -53%) and EBITDA of -₹36.91 Lakh (EBITDA margin -43%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 3% 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 margytech.in.
- EmailLocked
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- Website
- Social Media
- Registered AddressOffice No 311 3rd Floor Great Eastern Summit A Wing Plot No 56 Sector 15 CBD Belap, Ur, Navi Mumbai, Maharashtra, India – 400614
- IndustryInformation Technology, Cloud Computing & Cloud Services
- 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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Business Activity of Margy Tech Private Limited
The main business activity of Margy Tech 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
Verified entity values are shown only after access is granted.
Financials of Margy Tech Private Limited FY 2023 filings available
Margy Tech Private Limited reported revenue of ₹85.84 Lakh (down 30% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Margy Tech Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 122% 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 of Margy Tech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹36.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹45.53 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 of Margy Tech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -43% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -53% | •••• | •••• | •••• | •••• |
| 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 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 Margy Tech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Margy Tech Private Limited
Margy Tech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Cloud Computing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Proof of Performance Data Services Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Storail Softwares Private Limited | •••• | •••• | •••• | •••• | - | Mohali, Punjab, India |
| Cloud Nautical Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Aesthisia Datacenters Private Limited | •••• | •••• | •••• | •••• | - | Banda, Uttar Pradesh, India |
| Stratagem Software Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Margy Tech Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Qualispace Cloud Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Loves Cloud Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Serveravatar Cloud Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chorasi, Gujarat, India |
| KLX Cloud IT Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Cybersify Cloud Computing Private Limited | •••• | •••• | •••• | •••• | - | Distt Mandi, Himachal Pradesh, India |
Peers are the five companies nearest above and the five nearest below Margy Tech by revenue in the Information Technology industry (Cloud Computing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Margy Tech Private Limited
Auditor information for Margy Tech Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Margy Tech Private Limited
Margy Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramalakshmi Krishnan Also directs: Aarel Metal Industries Private Limited, Raddream Private Limited | Director | 29 Jan 2021 | 5 Years 8 Months | Current |
| Mohana Krishnan Pattabhiraman Also directs: Aarel Metal Industries Private Limited, Raddream Private Limited | Director | 06 Jun 2014 | 12 Years 4 Months | Current |
Ownership and Shareholding of Margy Tech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Margy Tech Private Limited
Margy Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Margy Tech Private Limited
Employment history and EPFO contributions of people linked to Margy Tech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Margy Tech Private Limited
Margy Tech Private Limited has 8 board changes on record since 2014: 5 appointments and 3 cessations. The latest: Ramalakshmi Krishnan was appointed as Director on 29 Jan 2021.
Credit Ratings, Litigation & Regulatory Alerts for Margy Tech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Margy Tech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Margy Tech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Margy Tech Private Limited
Margy Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM2521Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Margy Tech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Margy Tech Private Limited
Margy Tech is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 06 June 2014 (12+ years old) and is registered under CIN U74999MH2014PTC255395.
Margy Tech reported revenue of ₹85.84 Lakh for FY 2023 (down 30% YoY).
Margy Tech has 2 current directors:
- Ramalakshmi Krishnan - Director
- Mohana Krishnan Pattabhiraman - Director
Margy Tech reported a net loss of ₹45.53 Lakh (net margin -53%) and EBITDA of -₹36.91 Lakh (EBITDA margin -43%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Margy Tech is -11% over three years and 3% over five years. In the latest year (FY 2023) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Margy Tech is 27AAJCM2521Q1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Margy Tech is U74999MH2014PTC255395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Margy Tech was incorporated on 06 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Margy Tech by revenue are Proof of Performance Data Services Private Limited, Storail Softwares Private Limited, Cloud Nautical Solutions India Private Limited, Aesthisia Datacenters Private Limited, Stratagem Software Services Private Limited and 5 more, all in the Information Technology industry (Cloud Computing).
Ramalakshmi Krishnan was appointed as Director on 29 Jan 2021. Vijayaraghavan Jothimani ceased to be Director on 09 Nov 2020. Ganesan Sundaramoorthy ceased to be Director on 31 Mar 2019. Margy Tech has 8 board changes on record in total.
Margy Tech can be reached through the website margytech.in. Its registered office is in Navi Mumbai, Maharashtra, India.