DPIIT recognised startup Government of India
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Mindgenix Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.13 Cr
▲ 10% YoY
Net profit · FY 2025
₹1.34 Cr
Net margin 26.1%
EBITDA · FY 2025
₹1.44 Cr
EBITDA margin 28.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7.5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
46
Provident fund records
Directors on board
2
As per MCA filings
About Mindgenix Private Limited
Data last updated:
Mindgenix Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72501TN2018PTC124678. Its GSTIN is 33AAMCM0808P1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors Murali Vasanthapuram and Muralidharan Appadurai.
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 No.14/24 First Cross Street East Shenoy Nagar, Chennai, Tamil Nadu, India – 600030.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.13 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 26.1%) and EBITDA of ₹1.44 Cr (EBITDA margin 28.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 17% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website mindgenix.net.
Company Details of Mindgenix Private Limited
CIN U72501TN2018PTC124678
Registration Number 124678
Incorporation Date 20 September 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Mindgenix
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.14/24 First Cross Street East Shenoy Nagar, Chennai, Tamil Nadu, India – 600030
- IndustryBusiness Outsourcing, Medical Transcription
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Business Activity of Mindgenix Private Limited
The main business activities of Mindgenix are information and communication and support service to organizations. In detail, this covers computer programming, consultancy and related activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Mindgenix Private Limited FY 2025 filings available
Mindgenix Private Limited reported revenue of ₹5.13 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹5.13 Cr ▲ 10%
Net profit · FY 2025
₹1.34 Cr margin 26.1%
EBITDA · FY 2025
₹1.44 Cr margin 28.1%
Compounded Annual Growth Rate (CAGR) of Mindgenix Private Limited
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 2%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 10%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 10% growth in the latest year. EBITDA rose 70% 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 Mindgenix Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 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 of Mindgenix Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 26.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Mindgenix are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Mindgenix Private Limited
Mindgenix has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murali Vasanthapuram Also directs: Apttech Solutions Private Limited | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Muralidharan Appadurai Also directs: Apttech Solutions Private Limited | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Peer Comparison of Mindgenix Private Limited
Mindgenix Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Medical Transcription). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vefa Lifesciences Private Limited | ₹5.62 Cr (FY 2025) | •••• | •••• | 63754.0% | •••• | New Delhi, Delhi, India |
| Achillez Transcription Solutions India Private Limited | ₹5.49 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Medabyss Revenue Cycle Management Healthcare Services Private Limited | ₹5.49 Cr (FY 2024) | •••• | •••• | 82.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Millennium Technosoft Private Limited | ₹5.28 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Synapse Medical Services India Private Limited | ₹5.24 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Mindgenix Private Limited this company | ₹5.13 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Medidocx Services Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
| Medi Consultants Private Limited | ₹5 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | New Delhi, Delhi, India |
| Medilogistics Health Care Services Private Limited | ₹4.97 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
| Astes Healthcare Solutions Private Limited | ₹4.88 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| Gack Billing Services (OPC) Private Limited | ₹4.77 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mindgenix by revenue in the Outsourcing industry (Medical Transcription), 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 Mindgenix Private Limited
Mindgenix Private Limited is audited by A.K. RAJAGOPALAN & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.K. RAJAGOPALAN & CO. | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Mindgenix Private Limited
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Charges & Borrowings of Mindgenix Private Limited
Mindgenix Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mindgenix Private Limited
Mindgenix Private Limited has a workforce of 46 employees as of Mar 28, 2024.
Employee count
46
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Mindgenix Private Limited
Mindgenix Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Murali Vasanthapuram was appointed as Director on 20 Sep 2018.
AGM
Mindgenix Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mindgenix Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Murali Vasanthapuram was appointed as Director.
Appointed
Muralidharan Appadurai was appointed as Director.
Incorporation
20 Sep 2018
Mindgenix Private Limited was registered on 20 Sep 2018 with Roc Chennai & aged 8 years 30 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Mindgenix Private Limited
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MSME Payment Delays by Mindgenix Private Limited
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Subsidiaries & Group Companies of Mindgenix Private Limited
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GST Compliance of Mindgenix Private Limited
Mindgenix has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCM0808P1Z6 | Tamil Nadu | Active | 17 Oct 2018 |
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MCA Filings & Documents of Mindgenix Private Limited
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Frequently Asked Questions about Mindgenix Private Limited
Mindgenix is an active private limited company based in Chennai, Tamil Nadu, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U72501TN2018PTC124678.
Mindgenix reported revenue of ₹5.13 Cr for FY 2025 (up 10% YoY).
Mindgenix has 2 current directors:
- Murali Vasanthapuram - Director
- Muralidharan Appadurai - Director
Mindgenix reported a net profit of ₹1.34 Cr (net margin 26.1%) and EBITDA of ₹1.44 Cr (EBITDA margin 28.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindgenix is 2% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindgenix is 33AAMCM0808P1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mindgenix is U72501TN2018PTC124678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindgenix was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mindgenix by revenue are Vefa Lifesciences Private Limited, Achillez Transcription Solutions India Private Limited, Medabyss Revenue Cycle Management Healthcare Services Private Limited, Millennium Technosoft Private Limited, Synapse Medical Services India Private Limited and 5 more, all in the Outsourcing industry (Medical Transcription).
Murali Vasanthapuram was appointed as Director on 20 Sep 2018. Muralidharan Appadurai was appointed as Director on 20 Sep 2018.
Yes, Mindgenix is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).