About Maruti Techlabs Private Limited
Data last updated:
Maruti Techlabs Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2012PTC071291. Its GSTIN is 24AAICM0643G1ZR (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mitulkumar Makadia Chimanbai and Diptee Mitulkumar Makadia.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.06 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹34.7 Cr (net margin 43.3%) and EBITDA of ₹47.53 Cr (EBITDA margin 59.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 40% over five years.
The company has about 112 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maruti Techlabs. As per MCA filings, the company has open charges of ₹60 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marutitech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address9th & 10th Floor Ridge, Opp. Novotel Iscon Char Rasta, Ahmedabad, Gujarat, India – 380060
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Maruti Techlabs Private Limited
The main business activity of Maruti Techlabs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Maruti Techlabs Private Limited FY 2025 filings available
Maruti Techlabs Private Limited reported revenue of ₹80.06 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maruti Techlabs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 7% growth in the latest year. EBITDA rose 48% 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 Maruti Techlabs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹47.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.7 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Maruti Techlabs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 43.3% | •••• | •••• | •••• | •••• |
| 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 Maruti Techlabs 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 Maruti Techlabs Private Limited
Maruti Techlabs Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Think Future Technologies Private Limited | ₹80.9 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gurugram, Haryana, India |
| Solverminds Solutions and Technologies Private Limited | ₹80.69 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Siruseri, Tamil Nadu, India |
| Antier Solutions Private Limited | ₹80.69 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mohali, Punjab, India |
| Helpshift Technologies Private Limited | ₹80.67 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Binary Semantics Limited | ₹80.14 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Haryana, India |
| Maruti Techlabs Private Limited this company | ₹80.06 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Rtcamp Solutions Private Limited | ₹79.97 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Pune, Maharashtra, India |
| Quantseye AI Private Limited | ₹79.96 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
| GT Nexus Software Private Limited | ₹79.36 Cr (FY 2019) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| Softlink Global Private Limited | ₹79.18 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Trumpf Metamation Private Limited | ₹78.97 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Siruseri, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Maruti Techlabs by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maruti Techlabs Private Limited
Maruti Techlabs Private Limited is audited by Pankaj R. Shah & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pankaj R. Shah & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maruti Techlabs Private Limited
Maruti Techlabs 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 |
|---|---|---|---|---|
| Mitulkumar Makadia Chimanbai | Director | 25 Jul 2012 | 14 Years 2 Months | Current |
| Diptee Mitulkumar Makadia | Director | 25 Jul 2012 | 14 Years 2 Months | Current |
Ownership and Shareholding of Maruti Techlabs 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 Maruti Techlabs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2019 | Others | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Maruti Techlabs Private Limited
Maruti Techlabs operates one associated brand: Maruti Techlabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A platform for building and deploying chatbots. | marutitech.com |
Employees and EPFO Compliance at Maruti Techlabs Private Limited
Maruti Techlabs Private Limited has a workforce of 112 employees as of Apr 06, 2024.
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 Maruti Techlabs Private Limited
Maruti Techlabs Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Yash Kumar Jayantilal Makadia ceased to be Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Maruti Techlabs 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 Maruti Techlabs 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 Maruti Techlabs 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 Maruti Techlabs Private Limited
Maruti Techlabs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM0643G1ZR | Gujarat | 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 Maruti Techlabs 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 Maruti Techlabs Private Limited
Maruti Techlabs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 July 2012 (14+ years old) and is registered under CIN U72900GJ2012PTC071291.
Maruti Techlabs reported revenue of ₹80.06 Cr for FY 2025 (up 7% YoY).
Maruti Techlabs has 2 current directors:
- Mitulkumar Makadia Chimanbai - Director
- Diptee Mitulkumar Makadia - Director
Maruti Techlabs reported a net profit of ₹34.7 Cr (net margin 43.3%) and EBITDA of ₹47.53 Cr (EBITDA margin 59.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maruti Techlabs is 31% over three years and 40% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maruti Techlabs is 24AAICM0643G1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Maruti Techlabs is U72900GJ2012PTC071291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Techlabs was incorporated on 25 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Maruti Techlabs by revenue are Think Future Technologies Private Limited, Solverminds Solutions and Technologies Private Limited, Antier Solutions Private Limited, Helpshift Technologies Private Limited, Binary Semantics Limited and 5 more, all in the Information Technology industry (Application Development).
Yash Kumar Jayantilal Makadia ceased to be Director on 29 Sep 2023. Hardik Kumar Jayantilal Makadia ceased to be Additional Director on 29 Sep 2018. Harsh Harsukhlal Makadia ceased to be Additional Director on 29 Sep 2018. Maruti Techlabs has 5 board changes on record in total.
Maruti Techlabs can be reached through the website marutitech.com. Its registered office is in Ahmedabad, Gujarat, India.