- #893 Ajay Kumar Tyagi & family ₹3,300 Cr

MGS Infotech Research and Solutions Private Limited
About MGS Infotech Research and Solutions Private Limited
Data last updated:
MGS Infotech Research and Solutions Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 15 September 2004 and has been in existence for over 22 years.
Its director Ajay Kumar Tyagi and family are #893 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110HR2004PTC093286. Its GSTIN is 06AAECM0190J1ZK (Haryana).
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹78.76 Cr. It is led by directors including Ramesh Kumar Batra and Pankaj Batra.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No 9 & 9A Sector – 20B, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2026, the company reported a revenue of ₹38.17 Cr. For the same year it recorded a net loss of ₹12.69 Cr (net margin -33.2%) and EBITDA of -₹9.34 Cr (EBITDA margin -24.5%).
The company has about 591 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹45 Cr on record. The company has 12 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹30.91 Cr; the latest was in October 2024.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
MGS Infotech Research and Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110HR2004PTC093286, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110HR2004PTC093286 | Current |
| U72200DL2004PTC129100 | Previous |
| U74110DL2004PTC129100 | Previous |
Recognitions & Rankings of MGS Infotech Research and Solutions
Contact details
MGS Infotech Research and Solutions Private Limited's registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 9 & 9A Sector – 20B, Faridabad, Haryana, India – 121001
- IndustryHealthcare, Hospitals
To see the full contact details of MGS Infotech Research and Solutions Private Limited, buy the company report.
- 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 MGS Infotech Research and Solutions is human health and social work activities. In detail, this covers human health activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities |
To see the full business activity and turnover split of MGS Infotech Research and Solutions Private Limited, buy the company report.
Financials of MGS Infotech Research and Solutions Private Limited
FY 2026 filings availableMGS Infotech Research and Solutions Private Limited reported revenue of ₹38.17 Cr for FY 2026.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.69 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.5% | ||||
| Net Profit Margin | -33.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of MGS Infotech Research and Solutions Private Limited, buy the company report.
Board of directors of MGS Infotech Research and Solutions Private Limited
MGS Infotech Research and Solutions has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Tyagi | Additional Director | 18 Jan 2025 | 1 Years 9 Months | Current |
| Yatharth Attrey | Additional Director | 18 Jan 2025 | 1 Years 9 Months | Current |
| Ramesh Kumar Batra Also directs: Wonder Hospital Private Limited, Surya Shakti Pressure Vessels LLP, Sarvamangal Petroleums Limited and 1 more | Director | 10 Aug 2013 | 13 Years 3 Months | Current |
| Kapil Kumar Also directs: Yatharth Hospital & Trauma Care Services Limited, Sanskar Medica India Limited, Pristine Infracon Private Limited and 4 more | Additional Director | 18 Jan 2025 | 1 Years 9 Months | Current |
| Puneet Batra Also directs: SPL Finance Limited, Surya Shakti Pressure Vessels LLP, Surya Shakti Vessels Private Limited and 2 more | Additional Director | 29 Jul 2025 | 1 Years 3 Months | Current |
| Pankaj Batra | Director | 02 Apr 2015 | 11 Years 7 Months | Current |
Auditor
MGS Infotech Research and Solutions Private Limited is audited by MAPSS AND COMPANY for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAPSS AND COMPANY | FY 2026 | 012796C |
Shareholding
The shareholding of MGS Infotech Research and Solutions Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MGS Infotech Research and Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2019 | 100285666 | Others | ₹45 Cr | Satisfied |
To see the full charge records of MGS Infotech Research and Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
MGS Infotech Research and Solutions Private Limited has 12 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹30.91 Cr; the latest was in October 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Acquisition | ₹152 Cr | Buyer: Yatharth Hospital & Trauma Care Services Limited |
| Dec 2022 | Funding round | ₹4.01 Cr | Investors: an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of MGS Infotech Research and Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving MGS Infotech Research and Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
MGS Infotech Research and Solutions Private Limited was last rated by Brickwork on 31 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 31 Aug 2021 |
To see the full credit ratings and regulatory alerts of MGS Infotech Research and Solutions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MGS Infotech Research and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MGS Infotech Research and Solutions Private Limited has a workforce of 591 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 591 |
| FY 2025-26 |
To see the full employee and EPFO history of MGS Infotech Research and Solutions Private Limited, buy the company report.
GST
MGS Infotech Research and Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECM0190J1ZK | Haryana | Active | 11 Feb 2020 |
To see the full GST registrations and return filing status of MGS Infotech Research and Solutions Private Limited, buy the company report.
Recent activity
MGS Infotech Research and Solutions Private Limited has 16 board changes on record since 2013: 7 appointments and 9 cessations. The latest: Puneet Batra was appointed as Additional Director on 29 Jul 2025.
9 earlier events are in the company report.
Frequently asked questions
MGS Infotech Research and Solutions is an active private limited company based in Faridabad, Haryana, India. The company works in hospitals, within the healthcare industry. It was incorporated on 15 September 2004 (22+ years old) and is registered under CIN U74110HR2004PTC093286.
MGS Infotech Research and Solutions has 6 current directors:
- Ajay Kumar Tyagi - Additional Director
- Yatharth Attrey - Additional Director
- Ramesh Kumar Batra - Director
- Kapil Kumar - Additional Director
- Puneet Batra - Additional Director
- Pankaj Batra - Director
The latest financial statements of MGS Infotech Research and Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MGS Infotech Research and Solutions is 06AAECM0190J1ZK, registered in Haryana.
The CIN (Corporate Identification Number) of MGS Infotech Research and Solutions is U74110HR2004PTC093286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGS Infotech Research and Solutions was incorporated on 15 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
MGS Infotech Research and Solutions has 12 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹30.91 Cr; the latest was in October 2024.
Puneet Batra was appointed as Additional Director on 29 Jul 2025. Ajay Kumar Tyagi was appointed as Additional Director on 18 Jan 2025. Kapil Kumar was appointed as Additional Director on 18 Jan 2025. MGS Infotech Research and Solutions has 16 board changes on record in total.
The registered office of MGS Infotech Research and Solutions is at Plot No 9 & 9A Sector – 20B, Faridabad, Haryana, India – 121001.
MGS Infotech Research and Solutions operates in the healthcare industry, in the hospitals segment.

