MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0122012
Masstech Business Solutions Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.9 Cr
▼ 34% YoY
Net loss · FY 2025
₹17.28 Lakh
Net margin -9.1%
EBITDA · FY 2025
-₹2.32 Lakh
EBITDA margin -1.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
18
Provident fund records
Directors on board
2
As per MCA filings
About Masstech Business Solutions Private Limited
Data last updated:
Masstech Business Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC293366. Its GSTIN is 27AALCM0060C1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priyanka Abhishek Wikal and Abhishek Radheshyam Wikal.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.9 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹17.28 Lakh (net margin -9.1%) and EBITDA of -₹2.32 Lakh (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 10% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Masstech Business Solutions. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Masstech Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0122012). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masstechbusiness.com.
Company details
CIN U74999MH2017PTC293366
Registration Number 293366
Incorporation Date 03 April 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0122012
Recognitions & Rankings of Masstech Business Solutions
Contact details
Masstech Business Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is masstechbusiness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 708 7th Floor C5, Fenkin9 Nr Satkar Grande Hotel, Thane, Maharashtra, India – 400604
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Masstech Business Solutions Private Limited, buy the company report.
Comprehensive company report
Masstech Business Solutions 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
Masstech Business Solutions operates one associated brand: Masstech Business Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT outsourcing, consulting, and training services are delivered across diverse industries. | masstechbusiness.com |
Business activity
The main business activity of Masstech Business Solutions is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Masstech Business Solutions Private Limited, buy the company report.
Financials of Masstech Business Solutions Private Limited
FY 2025 filings availableMasstech Business Solutions Private Limited reported revenue of ₹1.9 Cr (down 34% YoY) for FY 2025.
Revenue · FY 2025
₹1.9 Cr ▼ 34%
Net loss · FY 2025
₹17.28 Lakh margin -9.1%
EBITDA · FY 2025
-₹2.32 Lakh margin -1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 23%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 110%
3 years · compounded
▼ 32%
5 years · compounded
▲ 11%
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 110% 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 | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | -1.2% | ||||
| Net Profit Margin | -9.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Masstech Business Solutions Private Limited, buy the company report.
Board of directors of Masstech Business Solutions Private Limited
Masstech Business Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Abhishek Wikal Also directs: Elitenex Solutions Private Limited | Director | 23 Aug 2023 | 3 Years 2 Months | Current |
| Abhishek Radheshyam Wikal Also directs: Globepulse Private Limited, Elitenex Solutions Private Limited | Director | 03 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Masstech Business Solutions Private Limited is compared with the 3 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhartie Warriors Foundation | ₹1.9 Cr (FY 2024) | 3.0% | Gurgaon, Haryana, India | |||
| Masstech Business Solutions Private Limitedthis company | ₹1.9 Cr (FY 2025) | -₹17.28 Lakh | -9.1% | -34.0% | 18 | Thane, Maharashtra, India |
| Silicon Street Tech Private Limited | ₹1.9 Cr (FY 2025) | 175.0% | Kalyan, Maharashtra, India | |||
| One Step Forward Foundation | ₹1.9 Cr (FY 2025) | 82.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Masstech Business Solutions Private Limited, buy the company report.
Auditor
Masstech Business Solutions Private Limited is audited by AGARWAL AKASH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL AKASH & ASSOCIATES | FY 2021 | 023003C |
Shareholding
The shareholding of Masstech Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Masstech Business Solutions Private Limited, buy the company report.
Legal cases
Masstech Business Solutions Private Limited has 4 court cases on record: 4 filed by Masstech Business Solutions. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Masstech Business Solutions 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 Masstech Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Masstech Business Solutions Private Limited has a workforce of 18 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
5.88%
GST
Masstech Business Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM0060C1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Masstech Business Solutions Private Limited, buy the company report.
Recent activity
Masstech Business Solutions Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Priyanka Abhishek Wikal ceased to be Additional Director on 29 Sep 2024.
AGM
Masstech Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Masstech Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Priyanka Abhishek Wikal ceased to be Additional Director.
Appointed
Priyanka Abhishek Wikal was appointed as Director.
Ceased
Sahil Salim Shaikh ceased to be Additional Director.
Ceased
Priyanka Ignatius D'souza ceased to be Additional Director.
Ceased
Vishal Prakash Dhasal ceased to be Director.
Appointed
Abhishek Radheshyam Wikal was appointed as Director.
Incorporation
03 Apr 2017
Masstech Business Solutions Private Limited was registered on 03 Apr 2017 with Roc Mumbai Ii & aged 9 years 6 months as per MCA records.
Frequently asked questions
Masstech Business Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 April 2017 (9+ years old) and is registered under CIN U74999MH2017PTC293366.
Masstech Business Solutions has 2 current directors:
- Priyanka Abhishek Wikal - Director
- Abhishek Radheshyam Wikal - Director
The latest financial statements of Masstech Business Solutions 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 2018 are in the company report.
The GSTIN of Masstech Business Solutions is 27AALCM0060C1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Masstech Business Solutions is U74999MH2017PTC293366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masstech Business Solutions has 4 court cases on record: 4 filed by the company. 1 is pending.
Masstech Business Solutions was incorporated on 03 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Masstech Business Solutions by revenue are Dhartie Warriors Foundation, Silicon Street Tech Private Limited, One Step Forward Foundation, all in the same principal business activity (other professional, scientific and technical activities).
Priyanka Abhishek Wikal ceased to be Additional Director on 29 Sep 2024. Priyanka Abhishek Wikal was appointed as Director on 23 Aug 2023. Sahil Salim Shaikh ceased to be Additional Director on 20 Dec 2018. Masstech Business Solutions has 6 board changes on record in total.
Yes, Masstech Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0122012).
Masstech Business Solutions can be reached through the website masstechbusiness.com. Its registered office is in Thane, Maharashtra, India.
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