About Midas Touch Telesystems Private Limited
Data last updated:
Midas Touch Telesystems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 07 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC268966. Its GSTIN is 27AAKCM0257G1ZH (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors Jennifer Carasel Dsouza and Carasel Francis Dsouza.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 201 Rock Garden Off Link Road Kanderpada Dahisar West, Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.61 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹6.49 Lakh (net margin -7.3%) and EBITDA of -₹6.49 Lakh (EBITDA margin -7.3%). Revenue has grown at a compounded annual rate (CAGR) of 161% over three years and 133% over five years.
The company is associated with 1 brand: Kammute.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kammute.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 201 Rock Garden Off Link Road Kanderpada Dahisar West, Mumbai, Maharashtra, India – 400068
- IndustryInformation Technology, Web Design & Maintenance 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
Business Activity of Midas Touch Telesystems Private Limited
The main business activity of Midas Touch Telesystems is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Midas Touch Telesystems Private Limited FY 2025 filings available
Midas Touch Telesystems Private Limited reported revenue of ₹88.61 Lakh (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Midas Touch Telesystems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 133% over five years, including 3% growth 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 Midas Touch Telesystems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹6.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.49 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 of Midas Touch Telesystems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.3% | •••• | •••• | •••• | •••• |
| 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 Midas Touch Telesystems are in the company report.
Financial statements from FY 2016
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 Midas Touch Telesystems Private Limited
Midas Touch Telesystems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raxa Packaging Solutions Private Limited | ₹89.15 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Parentof Solutions Private Limited | ₹89.04 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Sharaa Info Developers Private Limited | ₹89.04 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Hna Telesystems India Private Limited | ₹88.89 Lakh (FY 2025) | •••• | •••• | 55.0% | •••• | Navi Mumbai, Maharashtra, India |
| Aride Ocean Infoway Private Limited | ₹88.8 Lakh (FY 2015) | •••• | •••• | 87.0% | •••• | Kalamassery, Kerala, India |
| Midas Touch Telesystems Private Limited this company | ₹88.61 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Hexawinds Labs Private Limited | ₹88.55 Lakh (FY 2024) | •••• | •••• | -51.0% | •••• | Noida, Uttar Pradesh, India |
| VKC Communications & Consulting Private Limited | ₹88.41 Lakh (FY 2025) | •••• | •••• | 196368.0% | •••• | New Delhi, Delhi, India |
| S2v Advertisers and Infotech Private Limited | ₹88.11 Lakh (FY 2023) | •••• | •••• | 10.0% | •••• | Kharar, Chandigarh, India |
| Stealth Mode Private Limited | ₹87.95 Lakh (FY 2024) | •••• | •••• | 301.0% | •••• | Gurugram, Haryana, India |
| Instaweb Labs Private Limited | ₹87.95 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Midas Touch Telesystems by revenue in the Information Technology industry (Website Design and Maintenance), 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 Midas Touch Telesystems Private Limited
Midas Touch Telesystems Private Limited is audited by J B A & ASSOCCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J B A & ASSOCCIATES LLP | 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 Midas Touch Telesystems Private Limited
Midas Touch Telesystems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jennifer Carasel Dsouza | Director | 07 Oct 2015 | 11 Years 0 Months | Current |
| Carasel Francis Dsouza Also directs: Gotaxie Mobility Private Limited, Indiyeah Tech Private Limited | Director | 07 Oct 2015 | 11 Years 0 Months | Current |
Ownership and Shareholding of Midas Touch Telesystems 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 Midas Touch Telesystems Private Limited
Midas Touch Telesystems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Midas Touch Telesystems Private Limited
Midas Touch Telesystems operates one associated brand: Kammute. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A SaaS platform delivering comprehensive mobility solutions for corporate transportation needs. | kammute.com |
Employees and EPFO Compliance at Midas Touch Telesystems Private Limited
Employment history and EPFO contributions of people linked to Midas Touch Telesystems.
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.
Recent Activity on Midas Touch Telesystems Private Limited
Midas Touch Telesystems Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Carasel Francis Dsouza was appointed as Director on 07 Oct 2015.
Credit Ratings, Litigation & Regulatory Alerts for Midas Touch Telesystems 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 Midas Touch Telesystems 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 Midas Touch Telesystems 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 Midas Touch Telesystems Private Limited
Midas Touch Telesystems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM0257G1ZH | Maharashtra | Active | 01 Jun 2022 |
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 Midas Touch Telesystems 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 Midas Touch Telesystems Private Limited
Midas Touch Telesystems is an active private limited company based in Mumbai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 07 October 2015 (11+ years old) and is registered under CIN U74999MH2015PTC268966.
Midas Touch Telesystems reported revenue of ₹88.61 Lakh for FY 2024 (up 3% YoY).
Midas Touch Telesystems has 2 current directors:
- Jennifer Carasel Dsouza - Director
- Carasel Francis Dsouza - Director
Midas Touch Telesystems reported a net loss of ₹6.49 Lakh (net margin -7.3%) and EBITDA of -₹6.49 Lakh (EBITDA margin -7.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midas Touch Telesystems is 161% over three years and 133% over five years. In the latest year (FY 2024) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midas Touch Telesystems is 27AAKCM0257G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Midas Touch Telesystems is U74999MH2015PTC268966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Touch Telesystems was incorporated on 07 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Midas Touch Telesystems by revenue are Raxa Packaging Solutions Private Limited, Parentof Solutions Private Limited, Sharaa Info Developers Private Limited, Hna Telesystems India Private Limited, Aride Ocean Infoway Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Carasel Francis Dsouza was appointed as Director on 07 Oct 2015. Jennifer Carasel Dsouza was appointed as Director on 07 Oct 2015.
Midas Touch Telesystems can be reached through the website kammute.com. Its registered office is in Mumbai, Maharashtra, India.