
About Mcodevity Business Private Limited
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Mcodevity Business Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2016PTC157820. Its GSTIN is 27AAKCM1093J1Z6 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Meghana Gund and Asmita Rahul Bagal.
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 Flat No. C – 402 Akashdeep Soc. Dhayari Sinhgad Road, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.69 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹27.14 Lakh (net margin -137.9%) and EBITDA of -₹21.71 Lakh (EBITDA margin -110.3%). Revenue has grown at a compounded annual rate (CAGR) of 120% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹78.63 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 mcodevity.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No. C – 402 Akashdeep Soc. Dhayari Sinhgad Road, Pune, Maharashtra, India – 411041
- 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 Mcodevity Business Private Limited
The main business activity of Mcodevity Business 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 | 62 | 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 Mcodevity Business Private Limited FY 2025 filings available
Mcodevity Business Private Limited reported revenue of ₹19.69 Lakh (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mcodevity Business Private Limited
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. 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 Mcodevity Business 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 | -₹21.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27.14 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 Mcodevity Business Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -110.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -137.9% | •••• | •••• | •••• | •••• |
| 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 Mcodevity Business are in the company report.
Financial statements from FY 2016
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 Mcodevity Business Private Limited
Mcodevity Business 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 |
|---|---|---|---|---|---|---|
| Mayami Tech Private Limited | ₹19.7 Lakh (FY 2022) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Brandactif India Private Limited | ₹19.7 Lakh (FY 2024) | •••• | •••• | 59.0% | •••• | Delhi, India |
| Codelytical Private Limited | ₹19.69 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Ahnedabad, Gujarat, India |
| Coding Web Tech Private Limited | ₹19.69 Lakh (FY 2024) | •••• | •••• | 572.0% | •••• | Kanpur, Uttar Pradesh, India |
| Selfecomm (OPC) Private Limited | ₹19.69 Lakh (FY 2025) | •••• | •••• | 122.0% | •••• | Jodhpur, Rajasthan, India |
| Mcodevity Business Private Limited this company | ₹19.69 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Pune, Maharashtra, India |
| Three G Logic Infotech Private Limited | ₹19.68 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Faridabad, Haryana, India |
| Shankar Software Private Limited | ₹19.68 Lakh (FY 2024) | •••• | •••• | -5.0% | •••• | Jaipur, Rajasthan, India |
| Excellaris Tech Solutions Private Limited | ₹19.68 Lakh (FY 2024) | •••• | •••• | 587.0% | •••• | Hyderabad, Telangana, India |
| Iaap Education and Training Private Limited | ₹19.68 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Ernakulam, Kerala, India |
| Aga IT Solutions Private Limited | ₹19.68 Lakh (FY 2024) | •••• | •••• | 355.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mcodevity Business 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 Mcodevity Business Private Limited
Mcodevity Business Private Limited is audited by GADAKH & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GADAKH & 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 Mcodevity Business Private Limited
Mcodevity Business has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meghana Gund | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
| Asmita Rahul Bagal | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
Ownership and Shareholding of Mcodevity Business 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 Mcodevity Business Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2020 | Axis Bank Limited | ₹50 Lakh | Open |
| 26 Dec 2019 | Axis Bank Limited | ₹28.63 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Mcodevity Business Private Limited
Employment history and EPFO contributions of people linked to Mcodevity Business.
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 Mcodevity Business Private Limited
Mcodevity Business Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Asmita Rahul Bagal was appointed as Director on 05 Jan 2016.
Credit Ratings, Litigation & Regulatory Alerts for Mcodevity Business 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 Mcodevity Business 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 Mcodevity Business 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 Mcodevity Business Private Limited
Mcodevity Business has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM1093J1Z6 | Maharashtra | 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 Mcodevity Business 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 Mcodevity Business Private Limited
Mcodevity Business is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 January 2016 (10+ years old) and is registered under CIN U72900PN2016PTC157820.
Mcodevity Business reported revenue of ₹19.69 Lakh for FY 2025 (down 20% YoY).
Mcodevity Business has 2 current directors:
- Meghana Gund - Director
- Asmita Rahul Bagal - Director
Mcodevity Business reported a net loss of ₹27.14 Lakh (net margin -137.9%) and EBITDA of -₹21.71 Lakh (EBITDA margin -110.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mcodevity Business is 120% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mcodevity Business is 27AAKCM1093J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mcodevity Business is U72900PN2016PTC157820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mcodevity Business was incorporated on 05 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mcodevity Business by revenue are Mayami Tech Private Limited, Brandactif India Private Limited, Codelytical Private Limited, Coding Web Tech Private Limited, Selfecomm (OPC) Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Asmita Rahul Bagal was appointed as Director on 05 Jan 2016. Meghana Gund was appointed as Director on 05 Jan 2016.
Mcodevity Business can be reached through the website mcodevity.com. Its registered office is in Pune, Maharashtra, India.