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Migrocer Services Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.59 Lakh
▼ 81% YoY
Net loss · FY 2024
₹23.22 Lakh
Net margin -102.8%
EBITDA · FY 2024
-₹21.03 Lakh
EBITDA margin -93.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
4
Provident fund records
Directors on board
3
As per MCA filings
About Migrocer Services Private Limited
Data last updated:
Migrocer Services Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 24 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U93090TG2018PTC122019. Its GSTIN is 36AALCM5850E1ZC (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Shashank Voore (Whole-Time Director) and Pavan Kumar Mallipeddi.
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 Flat 201 Plot No: 57 Prem Chander Nilayam Jayabheri Enclave Gachibowli, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.59 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹23.22 Lakh (net margin -102.8%) and EBITDA of -₹21.03 Lakh (EBITDA margin -93.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phygital24.
For more details, the company can be reached via its website phygital24.com.
Company Details of Migrocer Services Private Limited
CIN U93090TG2018PTC122019
Registration Number 122019
Incorporation Date 24 January 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Shashank Voore Whole-Time Director Pavan Kumar Mallipeddi Director Srinivas Thota Director Recognitions & Rankings of Migrocer Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressFlat 201 Plot No: 57 Prem Chander Nilayam Jayabheri Enclave Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, SaaS (Software as a Service) Providers
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Associated Brands with Migrocer Services Private Limited
Migrocer Services operates one associated brand: Phygital24. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides eCommerce platforms and mobile apps for retail and grocery businesses worldwide. | phygital24.com |
Business Activity of Migrocer Services Private Limited
The main business activity of Migrocer Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Migrocer Services Private Limited FY 2025 filings available
Migrocer Services Private Limited reported revenue of ₹22.59 Lakh (down 81% YoY) for FY 2024.
Revenue · FY 2024
₹22.59 Lakh ▼ 81%
Net loss · FY 2024
₹23.22 Lakh margin -102.8%
EBITDA · FY 2024
-₹21.03 Lakh margin -93.1%
Compounded Annual Growth Rate (CAGR) of Migrocer Services Private Limited
Revenue CAGR growth
1 year
▼ 81%
3 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 41%
5 years · compounded
▲ 26%
Revenue fell 81% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 54% 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 Migrocer Services 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 | -₹21.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.22 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 Migrocer Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -93.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -102.8% | •••• | •••• | •••• | •••• |
| 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 Migrocer Services are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Migrocer Services Private Limited
Migrocer Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavan Kumar Mallipeddi | Director | 20 Sep 2023 | 3 Years 1 Months | Current |
| Srinivas Thota | Director | 19 Sep 2020 | 6 Years 1 Months | Current |
| Shashank Voore | Whole-Time Director | 24 Jan 2018 | 8 Years 8 Months | Current |
Peer Comparison of Migrocer Services Private Limited
Migrocer Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devnarayan Technical Services Private Limited | ₹22.6 Lakh (FY 2024) | •••• | •••• | 309.0% | •••• | Jhansi, Uttar Pradesh, India |
| Lensta Technologies Private Limited | ₹22.6 Lakh (FY 2023) | •••• | •••• | -85.0% | •••• | Bangalore, Karnataka, India |
| Surana & Surana International Accountants Private Limited | ₹22.59 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| Pratyasha Associates Private Limited | ₹22.59 Lakh (FY 2015) | •••• | •••• | •••• | East Champaran, Bihar, India | |
| Kena Software Solutions Private Limited | ₹22.59 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Peddapally, Telangana, India |
| Migrocer Services Private Limited this company | ₹22.59 Lakh (FY 2024) | •••• | •••• | -81.0% | •••• | Hyderabad, Telangana, India |
| Ajb Enterprises Private Limited | ₹22.58 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| Dev Solutions Tech Private Limited | ₹22.58 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Thane, Maharashtra, India |
| Cybertize Technologies Private Limited | ₹22.57 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Ranchi, Jharkhand, India |
| Innoway Technologies (OPC) Private Limited | ₹22.56 Lakh (FY 2025) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Ilonnati Innovations Private Limited | ₹22.56 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Migrocer Services by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Migrocer Services Private Limited
Migrocer Services Private Limited is audited by E DEEKSHITH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| E DEEKSHITH & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Migrocer Services Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Migrocer Services Private Limited
Migrocer Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Migrocer Services Private Limited
Migrocer Services Private Limited has a workforce of 4 employees as of Apr 05, 2024.
Employee count
4
Active EPFO establishments
1
Employee growth
-66.67%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Verified entity values are shown only after access is granted.
Recent Activity on Migrocer Services Private Limited
Migrocer Services Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Mosali Mrudula ceased to be Director on 04 May 2024.
AGM
Migrocer Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Migrocer Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Mosali Mrudula ceased to be Director.
Appointed
Pavan Kumar Mallipeddi was appointed as Director.
Ceased
Vijay Kumar Mandava ceased to be Director.
Ceased
Vijayender Reddy Kalavakuntla ceased to be Whole-Time Director.
Appointed
Srinivas Thota was appointed as Director.
Appointed
Shashank Voore was appointed as Whole-Time Director.
Incorporation
24 Jan 2018
Migrocer Services Private Limited was registered on 24 Jan 2018 with Roc Hyderabad & aged 8 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Migrocer Services Private Limited
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MSME Payment Delays by Migrocer Services Private Limited
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Subsidiaries & Group Companies of Migrocer Services Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Migrocer Services Private Limited
Migrocer Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCM5850E1ZC | Telangana | Active | 24 Jan 2018 |
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MCA Filings & Documents of Migrocer Services Private Limited
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Frequently Asked Questions about Migrocer Services Private Limited
Migrocer Services is an active private limited company based in Hyderabad, Telangana, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 24 January 2018 (8+ years old) and is registered under CIN U93090TG2018PTC122019.
Migrocer Services reported revenue of ₹22.59 Lakh for FY 2024 (down 81% YoY).
Migrocer Services has 3 current directors:
- Shashank Voore - Whole-Time Director
- Pavan Kumar Mallipeddi - Director
- Srinivas Thota - Director
Migrocer Services reported a net loss of ₹23.22 Lakh (net margin -102.8%) and EBITDA of -₹21.03 Lakh (EBITDA margin -93.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Migrocer Services is 7% over three years. In the latest year (FY 2024) revenue fell 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Migrocer Services is 36AALCM5850E1ZC, registered in Telangana.
The CIN (Corporate Identification Number) of Migrocer Services is U93090TG2018PTC122019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Migrocer Services was incorporated on 24 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Migrocer Services by revenue are Devnarayan Technical Services Private Limited, Lensta Technologies Private Limited, Surana & Surana International Accountants Private Limited, Pratyasha Associates Private Limited, Kena Software Solutions Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Mosali Mrudula ceased to be Director on 04 May 2024. Pavan Kumar Mallipeddi was appointed as Director on 20 Sep 2023. Vijay Kumar Mandava ceased to be Director on 05 Jun 2023. Migrocer Services has 6 board changes on record in total.
Yes, Migrocer Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).