Startup India Government of India
Mart Research Private Limited - information technology in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.38 Cr
▼ 4% YoY
Net profit · FY 2024
₹1.52 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹2.5 Lakh
EBITDA margin 1.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹13 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Mart Research Private Limited
Data last updated:
Mart Research Private Limited is a private limited company based in Aurangabad, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2021PTC368051. Its GSTIN is 27AAPCM0146B1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shilpa Baburao Garakawad and Narendra Suryakant Karhade.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plno – 3 Ctsno – 15735/13 Shop No – 2 Udyog Drusti Gkd, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.52 Lakh (net margin 1.1%) and EBITDA of ₹2.5 Lakh (EBITDA margin 1.8%).
The company is associated with 1 brand: Mart Research. As per MCA filings, the company has open charges of ₹13 Lakh on record.
Mart Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0052800). For more details, the company can be reached via its website martresearch.com.
Company details
CIN U74999MH2021PTC368051
Registration Number 368051
Incorporation Date 23 September 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-04-0052800
Recognitions & Rankings of Mart Research
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-04-0052800
Contact details
Mart Research Private Limited's registered office is in Aurangabad, Maharashtra. Its website is martresearch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlno – 3 Ctsno – 15735/13 Shop No – 2 Udyog Drusti Gkd, Aurangabad, Maharashtra, India – 431001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Mart Research Private Limited, buy the company report.
Comprehensive company report
Mart Research 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
Mart Research operates one associated brand: Mart Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides detailed market research reports and analysis for diverse global sectors. | martresearch.com |
Business activity
The main business activity of Mart Research 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 Mart Research Private Limited, buy the company report.
Financials of Mart Research Private Limited
FY 2025 filings availableMart Research Private Limited reported revenue of ₹1.38 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹1.38 Cr ▼ 4%
Net profit · FY 2024
₹1.52 Lakh margin 1.1%
EBITDA · FY 2024
₹2.5 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
EBITDA CAGR growth
1 year
▲ 259%
Revenue fell 4% in the latest year. EBITDA rose 259% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹2.5 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.52 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.8% | ||
| Net Profit Margin | 1.1% | ||
| 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 | |||
To see the full financial statements and ratios of Mart Research Private Limited, buy the company report.
Board of directors of Mart Research Private Limited
Mart Research has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Baburao Garakawad | Director | 23 Sep 2021 | 5 Years 1 Months | Current |
| Narendra Suryakant Karhade | Additional Director | 24 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Mart Research Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Bitbeans Infotech Private Limited | ₹1.38 Cr (FY 2024) | Jaipur, Rajasthan, India | ||||
| Ecara Solutions Private Limited | ₹1.38 Cr (FY 2024) | 350.0% | Gurgaon, Haryana, India | |||
| Mart Research Private Limitedthis company | ₹1.38 Cr (FY 2024) | ₹1.52 Lakh | 1.1% | -4.0% | Aurangabad, Maharashtra, India | |
| Mobicool Software Solutions Private Limited | ₹1.38 Cr (FY 2023) | 331.0% | Pune, Maharashtra, India | |||
| Clicentrix Technology Solutions Private Limited | ₹1.38 Cr (FY 2024) | 528.0% | Pune, Maharashtra, India | |||
| Atg Consulting India Private Limited | ₹1.38 Cr (FY 2025) | 80.0% | Shimoga, Karnataka, India | |||
| Poso Services Private Limited | ₹1.38 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mart Research Private Limited, buy the company report.
Auditor
Mart Research Private Limited is audited by R R B D & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R B D & CO. | FY 2023 | 174891 |
Shareholding
The shareholding of Mart Research Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mart Research Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2024 | 100957888 | State Bank of India | ₹13 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mart Research 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 Mart Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mart Research Private Limited has 1 active EPFO establishment as of Apr 11, 2024.
Active EPFO establishments
1
GST
Mart Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCM0146B1ZQ | Maharashtra | Active | 25 Oct 2021 |
To see the full GST registrations and return filing status of Mart Research Private Limited, buy the company report.
Recent activity
Mart Research Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Narendra Suryakant Karhade was appointed as Additional Director on 24 Oct 2024.
AGM
Mart Research Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mart Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Narendra Suryakant Karhade was appointed as Additional Director.
Ceased
Sandip Bharatrao Khanapurkar ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 13.00 Lakh with Charge ID 100957888 was registered on 23 Apr 2024.
Appointed
Shilpa Baburao Garakawad was appointed as Director.
Incorporation
23 Sep 2021
Mart Research Private Limited was registered on 23 Sep 2021 with Roc Mumbai Ii & aged 5 years 1 month as per MCA records.
Frequently asked questions
Mart Research is an active private limited company based in Aurangabad, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 September 2021 (5+ years old) and is registered under CIN U74999MH2021PTC368051.
Mart Research has 2 current directors:
- Shilpa Baburao Garakawad - Director
- Narendra Suryakant Karhade - Additional Director
The latest financial statements of Mart Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Mart Research is 27AAPCM0146B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mart Research is U74999MH2021PTC368051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mart Research was incorporated on 23 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mart Research by revenue are Bitbeans Infotech Private Limited, Ecara Solutions Private Limited, Mobicool Software Solutions Private Limited, Clicentrix Technology Solutions Private Limited, Atg Consulting India Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Narendra Suryakant Karhade was appointed as Additional Director on 24 Oct 2024. Sandip Bharatrao Khanapurkar ceased to be Director on 24 Oct 2024. Shilpa Baburao Garakawad was appointed as Director on 23 Sep 2021.
Yes, Mart Research is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mart Research is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-04-0052800).
Mart Research can be reached through the website martresearch.com. Its registered office is in Aurangabad, Maharashtra, India.
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