- Udyam number
- UDYAM-MH-20-0137418

About Masycoda Solutions Private Limited
Data last updated:
Masycoda Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 05 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC328870. Its GSTIN is 27AAMCM8577F1ZU (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sandeep Madhukarrao Thakre and Vrushali Sandeep Thakre.
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 Plot No. 1 Second Floor Above Union Bank Sneh Nagar Wardha Road, Nagpur, Maharashtra, India – 440015.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.09 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 8.9%) and EBITDA of ₹3.14 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 97% over five years.
The company is associated with 1 brand: Masycoda. As per MCA filings, the company has open charges of ₹50 Lakh on record.
Masycoda Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-20-0137418). For more details, the company can be reached via its website masycoda.com.
Recognitions & Rankings of Masycoda Solutions
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 1 Second Floor Above Union Bank Sneh Nagar Wardha Road, Nagpur, Maharashtra, India – 440015
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Associated Brands with Masycoda Solutions Private Limited
Masycoda Solutions operates one associated brand: Masycoda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting, supply chain planning, and AI services to enterprises worldwide. | masycoda.com |
Business Activity of Masycoda Solutions Private Limited
The main business activity of Masycoda Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Masycoda Solutions Private Limited FY 2025 filings available
Masycoda Solutions Private Limited reported revenue of ₹22.09 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Masycoda Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 29% growth in the latest year. EBITDA rose 43% 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 Masycoda Solutions 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 | ₹3.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.97 Cr | •••• | •••• | •••• | •••• |
| 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 Masycoda Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.9% | •••• | •••• | •••• | •••• |
| 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 Masycoda Solutions are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Masycoda Solutions Private Limited
Masycoda Solutions has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Madhukarrao Thakre Also directs: Vishvaraj Environment Limited | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
| Vrushali Sandeep Thakre | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
| Nilesh Suryabhan Nagose | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
| Parth Sandeep Thakre | Director | 07 Oct 2022 | 4 Years 0 Months | Current |
Peer Comparison of Masycoda Solutions Private Limited
Masycoda Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Airoha Technology India Private Limited | ₹22.11 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Noida, Uttar Pradesh, India |
| Vajro India Private Limited | ₹22.11 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Inexture Solutions Limited | ₹22.11 Cr (FY 2025) | •••• | •••• | 166.0% | •••• | Ahmedabad, Gujarat, India |
| NSR Information Systems India Private Limited | ₹22.1 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
| Prototech Solutions and Services Private Limited | ₹22.09 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Masycoda Solutions Private Limited this company | ₹22.09 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Nagpur, Maharashtra, India |
| KSD Technologies Private Limited | ₹22.09 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Nagpur, Maharashtra, India |
| Mobile2win India Private Limited | ₹22.07 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Mumbai, Maharashtra, India |
| Softshield Technologies Private Limited | ₹22.06 Cr (FY 2025) | •••• | •••• | 1354.0% | •••• | Thane, Maharashtra, India |
| Cavalier Wireless Private Limited | ₹22.04 Cr (FY 2024) | •••• | •••• | 171.0% | •••• | Kochi, Kerala, India |
| Baxter Planning Systems India Private Limited | ₹22.03 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Masycoda Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Masycoda Solutions Private Limited
Masycoda Solutions Private Limited is audited by WARMA PERIWAL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WARMA PERIWAL & 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.
Ownership and Shareholding of Masycoda Solutions 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 Masycoda Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2024 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Masycoda Solutions Private Limited
Employment history and EPFO contributions of people linked to Masycoda Solutions.
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 Masycoda Solutions Private Limited
Masycoda Solutions Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Parth Sandeep Thakre was appointed as Director on 07 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Masycoda Solutions 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 Masycoda Solutions 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 Masycoda Solutions 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 Masycoda Solutions Private Limited
Masycoda Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM8577F1ZU | Maharashtra | Active | 23 Sep 2019 |
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 Masycoda Solutions 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 Masycoda Solutions Private Limited
Masycoda Solutions is an active private limited company based in Nagpur, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 05 August 2019 (7+ years old) and is registered under CIN U72900MH2019PTC328870.
Masycoda Solutions reported revenue of ₹22.09 Cr for FY 2025 (up 29% YoY).
Masycoda Solutions has 4 current directors:
- Sandeep Madhukarrao Thakre - Director
- Vrushali Sandeep Thakre - Director
- Nilesh Suryabhan Nagose - Director
- Parth Sandeep Thakre - Director
Masycoda Solutions reported a net profit of ₹1.97 Cr (net margin 8.9%) and EBITDA of ₹3.14 Cr (EBITDA margin 14.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Masycoda Solutions is 62% over three years and 97% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Masycoda Solutions is 27AAMCM8577F1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Masycoda Solutions is U72900MH2019PTC328870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masycoda Solutions was incorporated on 05 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Masycoda Solutions by revenue are Airoha Technology India Private Limited, Vajro India Private Limited, Inexture Solutions Limited, NSR Information Systems India Private Limited, Prototech Solutions and Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Parth Sandeep Thakre was appointed as Director on 07 Oct 2022. Nilesh Suryabhan Nagose was appointed as Director on 05 Aug 2019. Sandeep Madhukarrao Thakre was appointed as Director on 05 Aug 2019. Masycoda Solutions has 4 board changes on record in total.
Yes, Masycoda Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-20-0137418).