Microgrid Technologies Private Limited

Microgrid Technologies Private Limited - information technology in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U72501AP2019PTC111791 Incorporated 29 April 2019 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹6.48 Cr
▲ 125% YoY
Net profit · FY 2025
₹97.55 Lakh
Net margin 15.1%
EBITDA · FY 2025
₹1.07 Cr
EBITDA margin 16.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings

About Microgrid Technologies Private Limited

Data last updated:

Microgrid Technologies Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72501AP2019PTC111791. Its GSTIN is 37AAMCM6339D1Z9 (Andhra Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vedula Rama Narayana (Managing Director) and Ananth Raj Polamarasetty.

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 Visakhapatnam, Andhra Pradesh.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.48 Cr, a growth of 125% compared to the previous year. For the same year it recorded a net profit of ₹97.55 Lakh (net margin 15.1%) and EBITDA of ₹1.07 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years.

As per MCA filings, the company has open charges of ₹1.5 Cr on record.

Microgrid Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0019363). For more details, the company can be reached via its website microgridtechsol.com.

Company details

CIN U72501AP2019PTC111791
Registration Number 111791
Incorporation Date 29 April 2019
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0019363

Recognitions & Rankings of Microgrid Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0019363

Contact details

Microgrid Technologies Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is microgridtechsol.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    D.No. 13 – 2 – 6/A Flat 102 Akshaya Rams Enclave Bhujangar, Ao Peta, Visakhapatnam, Andhra Pradesh, India – 530002
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Microgrid Technologies Private Limited, buy the company report.

Comprehensive company report
Microgrid Technologies Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Microgrid Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Microgrid Technologies Private Limited, buy the company report.

Financials of Microgrid Technologies Private Limited

FY 2024 filings available

Microgrid Technologies Private Limited reported revenue of ₹6.48 Cr (up 125% YoY) for FY 2025.

Revenue · FY 2025
₹6.48 Cr ▲ 125%
Net profit · FY 2025
₹97.55 Lakh margin 15.1%
EBITDA · FY 2025
₹1.07 Cr margin 16.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 125%
3 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 44%
5 years · compounded
▲ 218%

Revenue has grown at a compounded annual rate (CAGR) of 71% over three years, including 125% growth in the latest year. EBITDA rose 109% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹97.55 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin16.5%
Net Profit Margin15.1%
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 Microgrid Technologies Private Limited, buy the company report.

Board of directors of Microgrid Technologies Private Limited

Microgrid Technologies has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ananth Raj PolamarasettyDirector29 Apr 20197 Years 5 MonthsCurrent
Vedula Rama NarayanaManaging Director31 Mar 20215 Years 6 MonthsCurrent
Syam Srinivas ChintalapudiDirector31 Mar 20215 Years 6 MonthsCurrent

Peer comparison

Microgrid Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Finarkein Analytics Private Limited₹6.49 Cr (FY 2024)1497.0%Pune, Maharashtra, India
Nebu Labs Private Limited₹6.48 Cr (FY 2023)8.0%Hyderabad, Telangana, India
Microgrid Technologies Private Limitedthis company₹6.48 Cr (FY 2025)₹97.55 Lakh15.1%125.0%Visakhapatnam, Andhra Pradesh, India
Werq Labs Private Limited₹6.48 Cr (FY 2025)-9.0%Navi Mumbai, Maharashtra, India
Shrine Consultancy Services Private Limited₹6.48 Cr (FY 2025)17.0%Ahmedabad, Gujarat, India
Nekkanti Systems Private Limited₹6.48 Cr (FY 2024)-24.0%Hyderabad, Telangana, India
Togglr Solutions Private Limited₹6.47 Cr (FY 2025)-53.0%Bangalore, Karnataka, India

To see the full peer comparison of Microgrid Technologies Private Limited, buy the company report.

Auditor

Microgrid Technologies Private Limited is audited by SWAATI DOOGAR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SWAATI DOOGAR & COFY 2023233924

Shareholding

The shareholding of Microgrid Technologies Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Microgrid Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Sep 2025101180477State Bank of India₹1.5 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Microgrid Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Microgrid Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAMCM6339D1Z9Andhra PradeshActive19 Aug 2021

To see the full GST registrations and return filing status of Microgrid Technologies Private Limited, buy the company report.

Recent activity

Microgrid Technologies Private Limited has 10 board changes on record since 2019: 3 appointments and 7 cessations. The latest: Jacob Cherian ceased to be Additional Director on 30 Sep 2022.

Charges
A charge with State Bank Of India amounted to Rs. 150.00 Lakh with Charge ID 101180477 was registered on 30 Sep 2025.
AGM
Microgrid Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Microgrid Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Ceased
Jacob Cherian ceased to be Additional Director.
Ceased
Ratnaprasad Kakani ceased to be Managing Director.
Ceased
Vamsidhar Gujjari ceased to be Director.
Ceased
Syam Srinivas Chintalapudi ceased to be Additional Director.
Ceased
Vedula Rama Narayana ceased to be Additional Director.
Ceased
Chintalapudi Anuradha ceased to be Director.
Ceased
Durga Kakani ceased to be Director.
Appointed
Syam Srinivas Chintalapudi was appointed as Director.
Appointed
Vedula Rama Narayana was appointed as Managing Director.

2 earlier events are in the company report.

Frequently asked questions

Microgrid Technologies is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 April 2019 (7+ years old) and is registered under CIN U72501AP2019PTC111791.

Microgrid Technologies has 3 current directors:

The latest financial statements of Microgrid Technologies 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 FY 2020 are in the company report.

The GSTIN of Microgrid Technologies is 37AAMCM6339D1Z9, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Microgrid Technologies is U72501AP2019PTC111791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Microgrid Technologies was incorporated on 29 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Microgrid Technologies by revenue are Finarkein Analytics Private Limited, Nebu Labs Private Limited, Werq Labs Private Limited, Shrine Consultancy Services Private Limited, Nekkanti Systems Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).

Jacob Cherian ceased to be Additional Director on 30 Sep 2022. Ratnaprasad Kakani ceased to be Managing Director on 01 Mar 2022. Vamsidhar Gujjari ceased to be Director on 01 Mar 2022. Microgrid Technologies has 10 board changes on record in total.

Yes, Microgrid Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Microgrid Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0019363).

Microgrid Technologies can be reached through the website microgridtechsol.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.