MFL Net Services Private Limited
About MFL Net Services Private Limited
Data last updated:
MFL Net Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG1999PTC032203. Its GSTIN is 36AACCM3582C1ZO (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Vellaki Prasad Srinivas and Anand Boddapaty.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 402 4th Floorm G R Estates Panjagutta, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.66 Cr (net margin 71.3%) and EBITDA of ₹4.47 Cr (EBITDA margin 87%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 69% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹1.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address402 4th Floorm G R Estates Panjagutta, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Financials of MFL Net Services Private Limited FY 2025 filings available
MFL Net Services Private Limited reported revenue of ₹5.14 Cr (up 177% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MFL Net Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 177% growth in the latest year. EBITDA rose 242% 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 MFL Net Services 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 | ₹4.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.66 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of MFL Net Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 71.3% | •••• | •••• | •••• | •••• |
| 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 MFL Net Services are in the company report.
Financial statements from 2015
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 MFL Net Services Private Limited
MFL Net Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digital Impressions Private Limited | ₹5.15 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Faridabad, Haryana, India |
| Set Infotech Private Limited | ₹5.15 Cr (FY 2025) | •••• | •••• | 170.0% | •••• | Coimbatore, Tamil Nadu, India |
| Avon Technologies (India) Private Limited | ₹5.15 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Hyderabad, Telangana, India |
| Isynergy Techsys Private Limited | ₹5.15 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
| Mobisoft Telesolutions Private Limited | ₹5.14 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Delhi, India |
| MFL Net Services Private Limited this company | ₹5.14 Cr (FY 2025) | •••• | •••• | 177.0% | •••• | Hyderabad, Telangana, India |
| Aw Technologies Private Limited | ₹5.13 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Gurgaon, Haryana, India |
| Madhuban Steels Private Ltd | ₹5.13 Cr (FY 2024) | •••• | •••• | 703.0% | •••• | New Delhi, Delhi, India |
| Micronova Infotex Private Limited | ₹5.13 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Anay Infosolutions Private Limited | ₹5.13 Cr (FY 2025) | •••• | •••• | 8540.0% | •••• | Kolkata, West Bengal, India |
| Ardhas Technology India Private Limited | ₹5.12 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below MFL Net Services by revenue in the Information Technology industry (IT Consulting and Services), 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 MFL Net Services Private Limited
MFL Net Services Private Limited is audited by P MURALI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P MURALI & CO | 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 MFL Net Services Private Limited
MFL Net Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vellaki Prasad Srinivas Also directs: One Convergence Devices Private Limited | Director | 10 Mar 2000 | 26 Years 6 Months | Current |
| Anand Boddapaty Also directs: Millennium Finance Limited, MFL Insurance Services Private Limited, Aarvee Engineering Consultants Limited and 1 more | Director | 29 Jul 1999 | 27 Years 2 Months | Current |
| Radha Kumari Boddapati Also directs: Millennium Finance Limited, MFL Insurance Services Private Limited | Director | 07 Feb 2004 | 22 Years 8 Months | Current |
Ownership and Shareholding of MFL Net Services 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 MFL Net Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2007 | Uti Bank Ltd | ₹45 Lakh | Open |
| 24 May 2007 | Icici Bank | ₹70 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at MFL Net Services Private Limited
MFL Net Services Private Limited has a workforce of 1 employees as of Apr 08, 2024.
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.
Group Structure of MFL Net Services Private Limited
MFL Net Services has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mfl Insurance Services Private Limited | U66030TG2002PTC039934 | Locked |
| Mfl Insurance Services Pvt Ltd | U66030TG2002PTC039934 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of MFL Net Services Private Limited
MFL Net Services has one previous CIN (Corporate Identification Number): U72200AP1999PTC032203. The current CIN is U72200TG1999PTC032203, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1999PTC032203 | Current |
| U72200AP1999PTC032203 | Previous |
Recent Activity on MFL Net Services Private Limited
MFL Net Services Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Venkataramana Bhagavatula ceased to be Director on 26 Mar 2016.
Credit Ratings, Litigation & Regulatory Alerts for MFL Net Services 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 MFL Net Services 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 MFL Net Services 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 MFL Net Services Private Limited
MFL Net Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCM3582C1ZO | Telangana | 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 MFL Net Services 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 MFL Net Services Private Limited
MFL Net Services is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 July 1999 (27+ years old) and is registered under CIN U72200TG1999PTC032203.
MFL Net Services reported revenue of ₹5.14 Cr for FY 2025 (up 177% YoY).
MFL Net Services has 3 current directors:
- Vellaki Prasad Srinivas - Director
- Anand Boddapaty - Director
- Radha Kumari Boddapati - Director
MFL Net Services reported a net profit of ₹3.66 Cr (net margin 71.3%) and EBITDA of ₹4.47 Cr (EBITDA margin 87%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MFL Net Services is 50% over three years and 69% over five years. In the latest year (FY 2025) revenue rose 177%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MFL Net Services is 36AACCM3582C1ZO, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of MFL Net Services is U72200TG1999PTC032203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MFL Net Services was incorporated on 29 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of MFL Net Services by revenue are Digital Impressions Private Limited, Set Infotech Private Limited, Avon Technologies (India) Private Limited, Isynergy Techsys Private Limited, Mobisoft Telesolutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Venkataramana Bhagavatula ceased to be Director on 26 Mar 2016. Radha Kumari Boddapati was appointed as Director on 07 Feb 2004. Vellaki Prasad Srinivas was appointed as Director on 10 Mar 2000. MFL Net Services has 4 board changes on record in total.
The registered office of MFL Net Services is at 402 4th Floorm G R Estates Panjagutta, Hyderabad, Telangana, India – 500082.