About Mavel Technologies Private Limited
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Mavel Technologies Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 16 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2018PTC030483.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shaji Mathew and Sulur Karuppannan Murali Kumar.
Its last annual general meeting (AGM) was held on 26 August 2023, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. 8 Door No. 48 5th Cross Street Vanamamalai Nagar Bypass Road Madurai, Tamil Nadu, India – 625010.
As per the financials filed for FY 2020, the company reported a revenue of ₹37.13 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹46.79 Lakh (net margin -126%) and EBITDA of -₹39.07 Lakh (EBITDA margin -105.2%).
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mavel Technologies.
For more details, the company can be reached via its website maveltechnologies.com.
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- Registered AddressPlot No. 8 Door No. 48 5th Cross Street Vanamamalai Nagar Bypass Road Madurai, Tamil Nadu, India – 625010
- IndustryInformation Technology, Other Computer Related Activities
- 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 Mavel Technologies Private Limited
The main business activity of Mavel Technologies 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 Mavel Technologies Private Limited FY 2020 filings available
Mavel Technologies Private Limited reported revenue of ₹37.13 Lakh (up 4% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Mavel Technologies Private Limited
Revenue rose 4% in the latest year. EBITDA fell 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mavel Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| 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 | -₹39.07 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹46.79 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 of Mavel Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -105.2% | •••• |
| Net Profit Margin | -126% | •••• |
| 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 Mavel Technologies are in the company report.
Financial statements from FY 2019
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 Mavel Technologies Private Limited
Mavel Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aite Digital Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Wevio Global Private Limited | •••• | •••• | •••• | •••• | - | Jaihind Enclave, Madhapur, Telangana, India |
| Royalworks Media Private Limited | •••• | •••• | •••• | •••• | - | Moga, Punjab, India |
| Petrokens Green Energy Private Limited | •••• | •••• | •••• | •••• | - | Chinglepet, Tamil Nadu, India |
| E-Rachit Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Mavel Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| E2d Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Netable Digital Private Limited | •••• | •••• | •••• | •••• | - | Siliguri, West Bengal, India |
| Green Code Software Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Affipedia Digital Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Eix System Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Mavel Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Mavel Technologies Private Limited
Mavel Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaji Mathew Also directs: Kape Aqua Products Private Limited, Marblevalley Foods and Beverages Private Limited, Jude Foods India Private Limited and 1 more | Director | 16 May 2018 | 8 Years 4 Months | Current |
| Sulur Karuppannan Murali Kumar Also directs: Q-Ted LLP | Director | 16 May 2018 | 8 Years 4 Months | Current |
Charges & Borrowings of Mavel Technologies Private Limited
Mavel Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Mavel Technologies Private Limited
Mavel Technologies operates one associated brand: Mavel Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers AI and data analytics-based software for seafood import traceability. | maveltechnologies.com |
Employees and EPFO Compliance at Mavel Technologies Private Limited
Employment history and EPFO contributions of people linked to Mavel Technologies.
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 Mavel Technologies Private Limited
Mavel Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Shaji Mathew was appointed as Director on 16 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Mavel Technologies 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 Mavel Technologies 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 Mavel Technologies 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 Mavel Technologies Private Limited
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 Mavel Technologies 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 Mavel Technologies Private Limited
Mavel Technologies is an active private limited company based in Madurai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 16 May 2018 (8+ years old) and is registered under CIN U72900TZ2018PTC030483.
Mavel Technologies reported revenue of ₹37.13 Lakh for FY 2020 (up 4% YoY).
Mavel Technologies has 2 current directors:
- Shaji Mathew - Director
- Sulur Karuppannan Murali Kumar - Director
Mavel Technologies reported a net loss of ₹46.79 Lakh (net margin -126%) and EBITDA of -₹39.07 Lakh (EBITDA margin -105.2%) for FY 2020, as per its filed financial statements.
The CIN (Corporate Identification Number) of Mavel Technologies is U72900TZ2018PTC030483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mavel Technologies was incorporated on 16 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Mavel Technologies by revenue are Aite Digital Technologies Private Limited, Wevio Global Private Limited, Royalworks Media Private Limited, Petrokens Green Energy Private Limited, E-Rachit Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Shaji Mathew was appointed as Director on 16 May 2018. Sulur Karuppannan Murali Kumar was appointed as Director on 16 May 2018.
Mavel Technologies can be reached through the website maveltechnologies.com. Its registered office is in Madurai, Tamil Nadu, India.
The registered office of Mavel Technologies is at Plot No. 8 Door No. 48 5th Cross Street Vanamamalai Nagar Bypass Road Madurai, Tamil Nadu, India – 625010.
Mavel Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.