MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-10-0004014
Markon Electronics Corporation Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹97.82 Cr
▼ 4% YoY
Net profit · FY 2025
₹14.05 Cr
Net margin 14.4%
EBITDA · FY 2025
₹19.09 Cr
EBITDA margin 19.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
26
Provident fund records
About Markon Electronics Corporation Private Limited
Data last updated:
Markon Electronics Corporation Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 15 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2019PTC352618. Its GSTIN is 07AAMCM8101B1ZS (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Vikrant Tuli and Agaram Mangadu Srimadhavan.
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 U – 1 Ground Floor Green Park Extension, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.82 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹14.05 Cr (net margin 14.4%) and EBITDA of ₹19.09 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 47% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5 Lakh; the latest was in August 2019.
Markon Electronics Corporation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0004014). For more details, the company can be reached via its website iconcox.in.
Company details
CIN U51909DL2019PTC352618
Registration Number 352618
Incorporation Date 15 July 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-DL-10-0004014
Recognitions & Rankings of Markon Electronics Corporation
Contact details
Markon Electronics Corporation Private Limited's registered office is in New Delhi, Delhi. Its website is iconcox.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressU – 1 Ground Floor Green Park Extension, New Delhi, Delhi, India – 110016
- IndustryInformation Technology, Geographic Information System (GIS) Solutions
To see the full contact details of Markon Electronics Corporation Private Limited, buy the company report.
Comprehensive company report
Markon Electronics Corporation 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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Business activity
The main business activity of Markon Electronics Corporation is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Markon Electronics Corporation Private Limited, buy the company report.
Financials of Markon Electronics Corporation Private Limited
FY 2024 filings availableMarkon Electronics Corporation Private Limited reported revenue of ₹97.82 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹97.82 Cr ▼ 4%
Net profit · FY 2025
₹14.05 Cr margin 14.4%
EBITDA · FY 2025
₹19.09 Cr margin 19.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 17%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 120%
5 years · compounded
▲ 130%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 47%. EBITDA rose 90% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹19.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 14.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Markon Electronics Corporation Private Limited, buy the company report.
Board of directors of Markon Electronics Corporation Private Limited
Markon Electronics Corporation has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrant Tuli | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Agaram Mangadu Srimadhavan | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Chander Mohan Negi | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Kameshwar Dayal Bhargava | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Pooja Bhargava | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Manjula Bhargava | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Markon Electronics Corporation Private Limited is audited by GULATI AND MALIK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GULATI AND MALIK | FY 2023 | 001613N |
Shareholding
The shareholding of Markon Electronics Corporation Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Markon Electronics Corporation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2024 | 100919792 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Markon Electronics Corporation Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5 Lakh; the latest was in August 2019.
Total deals
1
Funding round
1
Disclosed funding
₹5 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Funding round | ₹5 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Markon Electronics Corporation Private Limited has 1 court case on record: 1 filed by Markon Electronics Corporation. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala, | Pending |
To see the full case history of Markon Electronics Corporation 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Markon Electronics Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Markon Electronics Corporation Private Limited has a workforce of 26 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
18.18%
GST
Markon Electronics Corporation has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCM8101B1ZS | Delhi | Active | 02 Aug 2019 |
| 21AAMCM8101B1Z2 | Odisha | Active | 10 May 2023 |
To see the full GST registrations and return filing status of Markon Electronics Corporation Private Limited, buy the company report.
Recent activity
Markon Electronics Corporation Private Limited has 6 board changes on record since 2019: 6 appointments. The latest: Agaram Mangadu Srimadhavan was appointed as Director on 15 Jul 2019.
AGM
Markon Electronics Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100919792 was registered on 22 Apr 2024.
Filing
Markon Electronics Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Agaram Mangadu Srimadhavan was appointed as Director.
Appointed
Chander Mohan Negi was appointed as Director.
Appointed
Kameshwar Dayal Bhargava was appointed as Director.
Appointed
Manjula Bhargava was appointed as Director.
Appointed
Pooja Bhargava was appointed as Director.
Appointed
Vikrant Tuli was appointed as Director.
Incorporation
15 Jul 2019
Markon Electronics Corporation Private Limited was registered on 15 Jul 2019 with Roc Delhi & aged 7 years 3 months as per MCA records.
Frequently asked questions
Markon Electronics Corporation is an active private limited company based in New Delhi, Delhi, India. The company works in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 15 July 2019 (7+ years old) and is registered under CIN U51909DL2019PTC352618.
Markon Electronics Corporation has 6 current directors:
- Vikrant Tuli - Director
- Agaram Mangadu Srimadhavan - Director
- Chander Mohan Negi - Director
- Kameshwar Dayal Bhargava - Director
- Pooja Bhargava - Director
- Manjula Bhargava - Director
The latest financial statements of Markon Electronics Corporation 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 2020 are in the company report.
The GSTIN of Markon Electronics Corporation is 07AAMCM8101B1ZS, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAMCM8101B1Z2 (Odisha).
The CIN (Corporate Identification Number) of Markon Electronics Corporation is U51909DL2019PTC352618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Markon Electronics Corporation has 1 court case on record: 1 filed by the company. 1 is pending.
Markon Electronics Corporation was incorporated on 15 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Markon Electronics Corporation has 1 deal on record (1 funding round), with disclosed funding of ₹5 Lakh; the latest was in August 2019.
Agaram Mangadu Srimadhavan was appointed as Director on 15 Jul 2019. Chander Mohan Negi was appointed as Director on 15 Jul 2019. Kameshwar Dayal Bhargava was appointed as Director on 15 Jul 2019. Markon Electronics Corporation has 6 board changes on record in total.
Yes, Markon Electronics Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0004014).
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