About MGH Digital Private Limited
Data last updated:
MGH Digital Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 20 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC197171. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Buspro Outsourcing India Private Limited. It is led by directors including Fazley Nehal Houda and Ritam Adhikary.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mghgroup.com.
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- Website
- Social MediaLocked
- Registered AddressB – 403 4th Floor Satellite Gazebo Mahakali Caves Road Chakala Andheri – Ea, St, Mumbai, Maharashtra, India – 400069
- IndustryInformation Technology, Software Development & 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 MGH Digital Private Limited
FY 2024 filings availableMGH Digital Private Limited reported revenue of ₹8,013 for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years. 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| 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 | •••• | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | •••• | |
| 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
| Metrics | FY 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| 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, and every line for FY 2016-17 to FY 2019-20, 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 MGH Digital 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
Board of Directors of MGH Digital Private Limited
MGH Digital has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fazley Nehal Houda Also directs: Budget Cargo India Private Limited, Arabia Cargo Private Limited, Total Cargo Management Private Limited and 4 more | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Ritam Adhikary Also directs: MGH Healthcare Private Limited, Budget Cargo India Private Limited, Arabia Cargo Private Limited and 5 more | Additional Director | 08 Aug 2022 | 4 Years 2 Months | Current |
| Himanshu Subhashchandra Pant Also directs: MGH Healthcare Private Limited, Budget Cargo India Private Limited, Arabia Cargo Private Limited and 5 more | Additional Director | 28 May 2016 | 10 Years 4 Months | Current |
Peer Comparison
MGH Digital Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software 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 |
|---|---|---|---|---|---|---|
| Probitas Business Solutions Private Limited | ₹8,562 (FY 2018) | •••• | •••• | -99.0% | •••• | Pune, Maharashtra, India |
| Reindeer Software Solutions Private Limited | ₹8,353 (FY 2024) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Ayna AI Private Limited | ₹8,102 (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Qwica Solutions Private Limited | ₹8,101 (FY 2021) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Procap Financial Services Private Limited | ₹8,066 (FY 2024) | •••• | •••• | 3723.0% | •••• | Chennai, Tamil Nadu, India |
| MGH Digital Private Limited this company | ₹8,013 (FY 2021) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Macleus Systems Private Limited | ₹7,800 (FY 2023) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Mobeinnovation Software Private Limited | ₹7,679 (FY 2025) | •••• | •••• | -84.0% | •••• | Delhi, India |
| Manchitra Services Private Limited. | ₹7,434 (FY 2025) | •••• | •••• | 41.0% | •••• | Delhi, India |
| K-Rises Software Services Private Limited | ₹7,300 (FY 2024) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| VK Soft Private Limited | ₹7,257 (FY 2024) | •••• | •••• | -92.0% | •••• | Gorakhpur, Uttar Pradesh, India |
Peers are the companies nearest to MGH Digital by revenue, above and below it, in the Information Technology industry (Software 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
MGH Digital Private Limited is audited by A K KOCCHAR & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K KOCCHAR & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
MGH Digital Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to MGH Digital.
: available in the company report
Recent Activity
MGH Digital Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Ritam Adhikary was appointed as Additional Director on 08 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
MGH Digital has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
MGH Digital is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 20 November 2009 (17+ years old) and is registered under CIN U74990MH2009PTC197171.
MGH Digital has 3 current directors:
- Fazley Nehal Houda - Director
- Ritam Adhikary - Additional Director
- Himanshu Subhashchandra Pant - Additional Director
The latest financial statements of MGH Digital on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. MGH Digital has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of MGH Digital is U74990MH2009PTC197171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGH Digital was incorporated on 20 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of MGH Digital by revenue are Probitas Business Solutions Private Limited, Reindeer Software Solutions Private Limited, Ayna AI Private Limited, Qwica Solutions Private Limited, Procap Financial Services Private Limited and 5 more, all in the Information Technology industry (Software Services).
Ritam Adhikary was appointed as Additional Director on 08 Aug 2022. Arun Tarlochansingh Arora ceased to be Director on 28 May 2016. Gopalakrishnan Mahadevan ceased to be Director on 28 May 2016. MGH Digital has 5 board changes on record in total.
MGH Digital can be reached through the website mghgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of MGH Digital is at B – 403 4th Floor Satellite Gazebo Mahakali Caves Road Chakala Andheri – Ea, St, Mumbai, Maharashtra, India – 400069.
MGH Digital operates in the information technology industry, in the software development and support services segment.