About Miracle Software Systems (India) Private Limited
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Miracle Software Systems (India) Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 23 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP1997PTC028231. Its GSTIN is 37AABCM4988R1ZG (Andhra Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Venkatanagendra Lokam Madhavi (Managing Director) and Venkatanagendravara Lokam Prasad (Whole-Time Director).
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 Mig – 49 D.No.4 – 67 – 3/1 Lawson'Sbay Colony Visakhapatnam Andhra Pradesh, Andhra Pradesh, India – 530017.
As per the financials filed for FY 2025, the company reported a revenue of ₹131.53 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.77 Cr (net margin 8.2%) and EBITDA of ₹22.48 Cr (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 1,077 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹81.98 Cr and satisfied charges of ₹5.5 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miraclesoft.com.
Company details
Contact details
Miracle Software Systems (India) Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is miraclesoft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMig – 49 D.No.4 – 67 – 3/1 Lawson'Sbay Colony Visakhapatnam Andhra Pradesh, Andhra Pradesh, India – 530017
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Miracle Software Systems (India) 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 Miracle Software Systems (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Miracle Software Systems (India) Private Limited, buy the company report.
Financials of Miracle Software Systems (India) Private Limited
FY 2025 filings availableMiracle Software Systems (India) Private Limited reported revenue of ₹131.53 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 61% 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 | ₹22.48 Cr | ||||
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| Net Profit (PAT) | ₹10.77 Cr | ||||
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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 | 17.1% | ||||
| Net Profit Margin | 8.2% | ||||
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To see the full financial statements and ratios of Miracle Software Systems (India) Private Limited, buy the company report.
Board of directors of Miracle Software Systems (India) Private Limited
Miracle Software Systems (India) has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatanagendra Lokam Madhavi Also directs: Backbenchers Software Services Private Limited | Managing Director | 23 Oct 1997 | 29 Years 0 Months | Current |
| Lokam Venkata Bangaru Nagendra Sreedhar | Director | 11 May 1998 | 28 Years 5 Months | Current |
| Venkatanagendravara Lokam Prasad Also directs: Miracle Mango Cluster Private Limited, Miracle Metals (India) Private Limited, Miracle Milk Products Private Limited and 3 more | Whole-Time Director | 11 May 1998 | 28 Years 5 Months | Current |
| Naga Madhavi Lokam Also directs: Miracle Mango Cluster Private Limited, Miracle Metals (India) Private Limited, Miracle Milk Products Private Limited and 3 more | Whole-Time Director | 11 May 1998 | 28 Years 5 Months | Current |
| Lokam Narasamamba Sritrinadha Bhavani Venkata | Director | 23 Oct 1997 | 29 Years 0 Months | Current |
Auditor
Miracle Software Systems (India) Private Limited is audited by RAO AND MANOJ ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO AND MANOJ ASSOCIATES | FY 2023 | 006396S |
Shareholding
The shareholding of Miracle Software Systems (India) Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Miracle Software Systems (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101229350 | Others | ₹30 Cr | Open | |
| 24 Jul 2024 | 100955336 | Others | ₹18.5 Cr | Open | |
| 31 Jan 2024 | 100906729 | Hdfc Bank Limited | ₹27.5 Lakh | Open | |
| 07 Feb 2019 | 100241542 | Others | ₹6.3 Lakh | Open | |
| 27 Apr 2018 | 100180679 | Others | ₹16 Cr | Open |
To see the full charge records of Miracle Software Systems (India) Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Miracle Software Systems (India) Private Limited has 12 court cases on record: 4 filed by Miracle Software Systems (India), 8 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 8 | 4 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against Vamsiram Builders and Developers Pvt Ltd, Rep by Its Mr. Subba Reddy Badwelu, and Others | Pending |
| High Court, ANDHRAPRADESH | Court case (ITTA) | Filed against the company by Principal Commissioner of Income Tax-I | Pending |
| High Court, TELANGANA | Court case (ITTA) | Filed against the company by Principal Commissioner of Income Tax-1 | Pending |
| High Court of Andhra Pradesh | Court case (ITTA) | Filed against the company by Principal Commissioner of Income Tax-1 | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra, and 4 others | Pending |
To see the full case history of Miracle Software Systems (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Miracle Software Systems (India) Private Limited was last rated by Crisil on 19 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Oct 2021 |
To see the full credit ratings and regulatory alerts of Miracle Software Systems (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Miracle Software Systems (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Miracle Software Systems (India) Private Limited has a workforce of 1,077 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Miracle Software Systems (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCM4988R1ZG | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Miracle Software Systems (India) Private Limited, buy the company report.
Recent activity
Miracle Software Systems (India) Private Limited has 5 board changes on record since 1997: 5 appointments. The latest: Lokam Venkata Bangaru Nagendra Sreedhar was appointed as Director on 11 May 1998.
21 earlier events are in the company report.
News
Frequently asked questions
Miracle Software Systems (India) is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in software development and support services, within the information technology industry. It was incorporated on 23 October 1997 (29+ years old) and is registered under CIN U72200AP1997PTC028231.
Miracle Software Systems (India) has 5 current directors:
- Venkatanagendra Lokam Madhavi - Managing Director
- Venkatanagendravara Lokam Prasad - Whole-Time Director
- Naga Madhavi Lokam - Whole-Time Director
- Lokam Venkata Bangaru Nagendra Sreedhar - Director
- Lokam Narasamamba Sritrinadha Bhavani Venkata - Director
The latest financial statements of Miracle Software Systems (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Miracle Software Systems (India) is 37AABCM4988R1ZG, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Miracle Software Systems (India) is U72200AP1997PTC028231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miracle Software Systems (India) has 12 court cases on record: 4 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Miracle Software Systems (India) was incorporated on 23 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Vijayawada.
Lokam Venkata Bangaru Nagendra Sreedhar was appointed as Director on 11 May 1998. Naga Madhavi Lokam was appointed as Whole-Time Director on 11 May 1998. Venkatanagendravara Lokam Prasad was appointed as Whole-Time Director on 11 May 1998. Miracle Software Systems (India) has 5 board changes on record in total.
Miracle Software Systems (India) can be reached through the website miraclesoft.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Miracle Software Systems (India) is at Mig – 49 D.No.4 – 67 – 31 LawsonSbay Colony Visakhapatnam Andhra Pradesh, Andhra Pradesh, India – 530017.