- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-24-0030323

MD India Technologies Private Limited
About MD India Technologies Private Limited
Data last updated:
MD India Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 06 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2021PTC123886.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Mayurkumar Dineshchandra Panchal and Vaishaliben Mayurkumar Panchal.
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 Block No 5 Bank Of Baroda Society Ayurvedic Cross Road, Vadodara, Gujarat, India – 390019.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.78 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Lakh (net margin -0.6%) and EBITDA of -₹79,858 (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years.
MD India Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0030323).
Company details
Recognitions & Rankings of MD India Technologies
Contact details
MD India Technologies Private Limited's registered office is in Vadodara, Gujarat.
- Registered AddressBlock No 5 Bank Of Baroda Society Ayurvedic Cross Road, Vadodara, Gujarat, India – 390019
- IndustryElectrnoics, Electrical Equipment, Manufacturing
- 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
Business activity
The main business activity of MD India Technologies is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of MD India Technologies Private Limited, buy the company report.
Financials of MD India Technologies Private Limited
FY 2025 filings availableMD India Technologies Private Limited reported revenue of ₹1.78 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 76% over three years, including 24% growth in the latest year. EBITDA fell 34% 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 |
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| EBITDA | -₹79,858 | |||
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| Net Profit (PAT) | -₹1.06 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | -0.4% | |||
| Net Profit Margin | -0.6% | |||
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To see the full financial statements and ratios of MD India Technologies Private Limited, buy the company report.
Board of directors of MD India Technologies Private Limited
MD India Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayurkumar Dineshchandra Panchal | Director | 06 Jul 2021 | 5 Years 3 Months | Current |
| Vaishaliben Mayurkumar Panchal | Director | 06 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
MD India Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of electrical equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Klartech Solutions Private Limited | ₹1.83 Cr (FY 2025) | Pune, Maharashtra, India | ||||
| Gaspra Engineering Private Limited | ₹1.82 Cr (FY 2024) | Pune, Maharashtra, India | ||||
| Agk Electro Technologies Private Limited | ₹1.81 Cr (FY 2025) | -37.0% | Pune, Maharashtra, India | |||
| Smarttron Automations Private Limited | ₹1.81 Cr (FY 2025) | -2.0% | Bangalore, Karnataka, India | |||
| Solera Technologies Private Limited | ₹1.8 Cr (FY 2024) | 6675.0% | Jaipur, Rajasthan, India | |||
| MD India Technologies Private Limitedthis company | ₹1.78 Cr (FY 2025) | -₹1.06 Lakh | -0.6% | 24.0% | Vadodara, Gujarat, India | |
| Sigma Engitrade Private Limited | ₹1.77 Cr (FY 2025) | -33.0% | Delhi, India | |||
| Armax Machinery Private Limited | ₹1.77 Cr (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Madodi Global Private Limited | ₹1.76 Cr (FY 2024) | -42.0% | New Delhi, Delhi, India | |||
| Roptools Mechatronics Private Limited | ₹1.76 Cr (FY 2025) | -6.0% | Palakkad, Kerala, India | |||
| Rapidrail Engineering Private Limited | ₹1.75 Cr (FY 2025) | 306.0% | Tirupati, Andhra Pradesh, India |
To see the full peer comparison of MD India Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MD India Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MD India Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for MD India Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MD India Technologies Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Mayurkumar Dineshchandra Panchal was appointed as Director on 06 Jul 2021.
Frequently asked questions
MD India Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 06 July 2021 (5+ years old) and is registered under CIN U31909GJ2021PTC123886.
MD India Technologies has 2 current directors:
- Mayurkumar Dineshchandra Panchal - Director
- Vaishaliben Mayurkumar Panchal - Director
The latest financial statements of MD India Technologies 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 2022 are in the company report.
The CIN (Corporate Identification Number) of MD India Technologies is U31909GJ2021PTC123886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MD India Technologies was incorporated on 06 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of MD India Technologies by revenue are Klartech Solutions Private Limited, Gaspra Engineering Private Limited, Agk Electro Technologies Private Limited, Smarttron Automations Private Limited, Solera Technologies Private Limited and 5 more, all in the same principal business activity (manufacture of electrical equipment).
Mayurkumar Dineshchandra Panchal was appointed as Director on 06 Jul 2021. Vaishaliben Mayurkumar Panchal was appointed as Director on 06 Jul 2021.
Yes, MD India Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0030323).
The registered office of MD India Technologies is at Block No 5 Bank Of Baroda Society Ayurvedic Cross Road, Vadodara, Gujarat, India – 390019.
MD India Technologies operates in the electronics industry, in the electrical equipment segment.
MD India Technologies can be reached at its registered office: Block No 5 Bank Of Baroda Society Ayurvedic Cross Road, Vadodara, Gujarat, India – 390019.