
About Microgrid Technologies Private Limited
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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
Recognitions & Rankings of Microgrid Technologies
- 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
- Website
- Social Media
- Registered AddressD.No. 13 – 2 – 6/A Flat 102 Akshaya Rams Enclave Bhujangar, Ao Peta, Visakhapatnam, Andhra Pradesh, India – 530002
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Microgrid Technologies 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 Microgrid Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer 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 availableMicrogrid Technologies Private Limited reported revenue of ₹6.48 Cr (up 125% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.07 Cr | ||||
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| Net Profit (PAT) | ₹97.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 16.5% | ||||
| Net Profit Margin | 15.1% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ananth Raj Polamarasetty | Director | 29 Apr 2019 | 7 Years 5 Months | Current |
| Vedula Rama Narayana Also directs: Qbnox Systems Private Limited | Managing Director | 31 Mar 2021 | 5 Years 6 Months | Current |
| Syam Srinivas Chintalapudi | Director | 31 Mar 2021 | 5 Years 6 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 15.1% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| SWAATI DOOGAR & CO | FY 2023 | 233924 |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101180477 | State Bank of India | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Microgrid 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 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAMCM6339D1Z9 | Andhra Pradesh | Active | 19 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.
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:
- Vedula Rama Narayana - Managing Director
- Ananth Raj Polamarasetty - Director
- Syam Srinivas Chintalapudi - Director
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.