MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0089561
Market Cap
₹121 Cr
MITCON · NSE
Share Price
₹66.42
-4.09% today
Revenue
₹126 Cr
FY 2025-26 · +11.5% YoY
EBITDA
₹30.97 Cr
Margin 24.6%
Net Profit
₹8.08 Cr
FY 2025-26 · +45.6% YoY
P/E (TTM)
12.4x
P/B 0.8x
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹17.42 Cr
Issued & subscribed
About Mitcon Consultancy & Engineering Services Limited
Data last updated:
Mitcon Consultancy & Engineering Services Limited is a public limited company based in Pune, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 16 April 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L74140PN1982PLC026933. Its GSTIN is 07AABCM2681H1ZI (Delhi). The company holds 6 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: MITCON.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.42 Cr. It was formerly known as Mitcon Consultancy Services Limited and Maharashtra Industrial and Technical Consultancy Organisation Limited. It is led by directors including Anand Suryakant Chalwade (Managing Director) and Ajay Arjunlal Agarwal.
Its last annual general meeting (AGM) was held on 17 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹125.67 Cr, a growth of 11.5% compared to the previous year. For the same year it recorded a net profit of ₹8.08 Cr (net margin 6.4%) and EBITDA of ₹30.97 Cr (EBITDA margin 24.6%). The net worth stands at ₹157.91 Cr (up 24.6% YoY). Total assets are valued at ₹275.87 Cr (up 7% YoY).
The company has about 235 employees on its provident fund (EPFO) records. Its group structure includes 15 subsidiaries and 2 joint ventures.
The company is associated with 2 brands: MITCON Training Institute and Mitcon Consultancy & Engineering Services. As per MCA filings, the company has open charges of ₹71.6 Cr and satisfied charges of ₹185.92 Cr on record. Court records list 57 cases involving the company, including 46 filed by the company and 11 filed against it; 4 cases are pending. The company has 25 deals on record (17 market trades, 4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹27.09 Cr; the latest was in June 2025. Its 3 peer companies in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities) are compared by revenue, 2 larger and 1 smaller; the largest is Anantam Management and Consulting Private Limited with revenue of ₹117.56 Cr.
Mitcon Consultancy & Engineering Services Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0089561). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitconindia.com.
Company details
CIN L74140PN1982PLC026933
Registration Number 026933
Incorporation Date 16 April 1982
ROC Pune
Listing Status Listed - Listed on NSE (MITCON)
Company Status Active
Date of Last AGM 17 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0089561
Name history
Mitcon Consultancy & Engineering Services has undergone 2 name changes throughout its history. The company was previously known as Mitcon Consultancy Services Limited, and Maharashtra Industrial And Technical Consultancy Organisation Limited. The current legal name is Mitcon Consultancy & Engineering Services Limited.
| Company Name | Status |
|---|---|
| Mitcon Consultancy & Engineering Services Limited | Current |
| Mitcon Consultancy Services Limited | Previous |
| Maharashtra Industrial And Technical Consultancy Organisation Limited | Previous |
CIN history
Mitcon Consultancy & Engineering Services has one previous CIN (Corporate Identification Number): U74140MH1982PLC026933. The current CIN is L74140PN1982PLC026933, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140PN1982PLC026933 | Current |
| U74140MH1982PLC026933 | Previous |
Key People
Anand Suryakant Chalwade Managing Director Ajay Arjunlal Agarwal Director Gayatri Chaitanya Chinthapalli Director Recognitions & Rankings of Mitcon Consultancy & Engineering Services
Contact details
Mitcon Consultancy & Engineering Services Limited's registered office is in Pune, Maharashtra. Its website is mitconindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Mitcon Consultancy & Engineering Services Limited, buy the company report.
Comprehensive company report
Mitcon Consultancy & Engineering Services Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mitcon Consultancy & Engineering Services operates two associated brands: MITCON Training Institute and Mitcon Consultancy & Engineering Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consultancy and Engineering services to corporates | mitconindia.com | |
| IT training courses and skill development in Navi Mumbai, India. | mitconeschool.com |
Business activity
The main business activities of Mitcon Consultancy & Engineering Services are professional, scientific and technical and electricity, gas, steam and air condition supply. In detail, this covers management consultancy activities and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Mitcon Consultancy & Engineering Services Limited, buy the company report.
Financials of Mitcon Consultancy & Engineering Services Limited
FY 2025-26 filings availableMitcon Consultancy & Engineering Services Limited reported revenue of ₹125.67 Cr (up 11.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹126 Cr
+11.5% YoY
EBITDA
₹30.97 Cr
+6.0% YoY
Profit After Tax
₹8.08 Cr
+45.6% YoY
Net Worth
₹158 Cr
+24.6% YoY
Total Assets
₹276 Cr
+7.0% YoY
Total Debt
₹98.54 Cr
-12.8% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 126 | 113 | 129 | 83.65 | 106 | 61.66 | 60.88 |
| Revenue growth | +11.5% | -12.9% | +54.7% | -21.5% | +72.7% | +1.3% | - |
| EBITDA | 30.97 | 29.23 | 28.78 | 15.87 | 16.23 | 9.27 | 13.84 |
| EBITDA margin | +24.6% | +25.9% | +22.2% | +19.0% | +15.2% | +15.0% | +22.7% |
| Profit before tax | 12.58 | 9.09 | 10.63 | 2.33 | 3.79 | (2.38) | 2.82 |
| Net profit | 8.08 | 5.55 | 5.31 | 4.27 | 1.08 | (2.00) | 1.94 |
| Net profit margin | +6.4% | +4.9% | +4.1% | +5.1% | +1.0% | -3.2% | +3.2% |
| EPS (₹) | 5.35 | 3.83 | 3.97 | 3.15 | 0.79 | (1.51) | 1.43 |
| Balance sheet | |||||||
| Total assets | 276 | 258 | 280 | 232 | 192 | 182 | 172 |
| Net worth | 158 | 127 | 122 | 107 | 98.18 | 88.89 | 94.27 |
| Total debt | 98.54 | 113 | 138 | 109 | 82.97 | 83.31 | 68.47 |
| Cash & bank | 16.12 | 7.57 | 14.05 | 18.69 | 6.39 | 27.66 | 11.59 |
| Net working capital | 71.77 | 52.31 | 54.14 | 53.51 | 54.22 | 55.80 | 49.27 |
| Cash flow | |||||||
| Cash from operations | 17.28 | 20.62 | 23.84 | 29.75 | (2.29) | 18.93 | (15.39) |
| Cash from investing | (7.47) | 13.93 | (41.65) | (33.81) | (4.73) | (6.35) | (5.10) |
| Cash from financing | (1.27) | (41.03) | 13.16 | 16.36 | (3.70) | (0.09) | 21.18 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 67.58 | 45.23 | 26.55 | 29.46 | 24.43 | 38.13 | 22.31 | 27.84 |
| Revenue growth (YoY) | +176.6% | +18.6% | +19.0% | +5.8% | -0.0% | - | - | - |
| Other income | 0.88 | 0.79 | 0.45 | 0.51 | 0.41 | 0.59 | 0.54 | 0.91 |
| EBITDA | 7.64 | 12.07 | 6.56 | 5.79 | 6.40 | 7.33 | 6.07 | 7.38 |
| EBITDA margin | +11.3% | +26.7% | +24.7% | +19.7% | +26.2% | +19.2% | +27.2% | +26.5% |
| Depreciation | 2.54 | 2.53 | 2.49 | 2.44 | 2.34 | 2.37 | 2.31 | 2.24 |
| Interest | 2.24 | 2.69 | 2.46 | 2.62 | 2.82 | 2.86 | 3.33 | 3.69 |
| Profit before tax | 3.74 | 7.64 | 2.06 | 1.24 | 1.65 | 2.69 | 0.97 | 2.36 |
| Tax | 1.00 | 2.00 | 0.46 | 0.25 | 0.46 | 0.98 | 0.58 | 0.83 |
| Net profit | 2.74 | 5.64 | 1.60 | 0.99 | 1.19 | 1.71 | 0.39 | 1.53 |
| EPS (₹) | 1.58 | 3.24 | 0.90 | 0.56 | 0.67 | 1.04 | 0.24 | 1.03 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 60.12 | 51.20 | 70.05 | 44.50 | 76.97 | 32.55 | 36.20 |
| Revenue growth | +17.4% | -26.9% | +57.4% | -42.2% | +136.5% | -10.1% | - |
| EBITDA | 7.88 | 8.78 | 10.83 | 6.52 | 5.41 | (2.93) | 1.86 |
| EBITDA margin | +13.1% | +17.2% | +15.5% | +14.7% | +7.0% | -9.0% | +5.1% |
| Profit before tax | 7.13 | 8.15 | 10.20 | 6.44 | 4.66 | (2.84) | 5.56 |
| Net profit | 5.28 | 5.35 | 7.58 | 5.58 | 2.19 | (1.95) | 4.08 |
| Net profit margin | +8.8% | +10.5% | +10.8% | +12.5% | +2.9% | -6.0% | +11.3% |
| EPS (₹) | 3.00 | 3.68 | 5.65 | 4.32 | 1.63 | (1.45) | 3.03 |
| Balance sheet | |||||||
| Total assets | 187 | 160 | 144 | 130 | 120 | 117 | 112 |
| Net worth | 159 | 131 | 118 | 110 | 104 | 102 | 104 |
| Total debt | 25.53 | 27.22 | 23.83 | 16.48 | 14.16 | 13.52 | 6.92 |
| Cash & bank | 3.01 | 1.17 | 8.41 | 3.84 | 4.13 | 24.78 | 10.50 |
| Net working capital | 44.06 | 18.48 | 16.07 | 12.78 | 21.33 | 31.85 | 26.21 |
| Cash flow | |||||||
| Cash from operations | (17.06) | (1.63) | 11.58 | 15.69 | (6.04) | 5.30 | 2.55 |
| Cash from investing | (0.32) | (14.68) | (12.94) | (16.11) | (2.72) | 6.10 | 3.29 |
| Cash from financing | 19.22 | 9.07 | 5.93 | 0.13 | (1.35) | (0.69) | (4.60) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.48 | 20.71 | 11.43 | 14.73 | 13.24 | 16.23 | 10.52 | 14.65 |
| Revenue growth (YoY) | -28.4% | +27.6% | +8.7% | +0.6% | +35.1% | - | - | - |
| Other income | 1.49 | 1.37 | 1.39 | 1.29 | 1.22 | 1.25 | 1.19 | 1.20 |
| Total expenses | 8.54 | 17.71 | 10.14 | 12.83 | 11.55 | 13.94 | 8.92 | 11.56 |
| EBITDA | 0.94 | 3.00 | 1.29 | 1.90 | 1.69 | 2.29 | 1.60 | 3.09 |
| EBITDA margin | +9.9% | +14.5% | +11.3% | +12.9% | +12.8% | +14.1% | +15.2% | +21.1% |
| Depreciation | 0.84 | 0.84 | 0.85 | 0.82 | 0.75 | 0.73 | 0.69 | 0.63 |
| Interest | 0.62 | 0.78 | 0.65 | 0.63 | 0.70 | 0.81 | 0.72 | 0.69 |
| Profit before tax | 0.97 | 2.75 | 1.18 | 1.74 | 1.46 | 2.00 | 1.38 | 2.97 |
| Tax | 0.35 | 0.60 | 0.33 | 0.48 | 0.45 | 0.70 | 0.56 | 0.92 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 67.58 | 45.23 | 26.55 | 29.46 | 24.43 | 38.13 | 22.31 | 27.84 |
| Revenue growth (YoY) | +176.6% | +18.6% | +19.0% | +5.8% | -0.0% | - | - | - |
| Other income | 0.88 | 0.79 | 0.45 | 0.51 | 0.41 | 0.59 | 0.54 | 0.91 |
| EBITDA | 7.64 | 12.07 | 6.56 | 5.79 | 6.40 | 7.33 | 6.07 | 7.38 |
| EBITDA margin | +11.3% | +26.7% | +24.7% | +19.7% | +26.2% | +19.2% | +27.2% | +26.5% |
| Depreciation | 2.54 | 2.53 | 2.49 | 2.44 | 2.34 | 2.37 | 2.31 | 2.24 |
| Interest | 2.24 | 2.69 | 2.46 | 2.62 | 2.82 | 2.86 | 3.33 | 3.69 |
| Profit before tax | 3.74 | 7.64 | 2.06 | 1.24 | 1.65 | 2.69 | 0.97 | 2.36 |
| Tax | 1.00 | 2.00 | 0.46 | 0.25 | 0.46 | 0.98 | 0.58 | 0.83 |
| Net profit | 2.74 | 5.64 | 1.60 | 0.99 | 1.19 | 1.71 | 0.39 | 1.53 |
| EPS (₹) | 1.58 | 3.24 | 0.90 | 0.56 | 0.67 | 1.04 | 0.24 | 1.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 126 | 113 | 129 | 83.65 | 106 | 61.66 | 60.88 |
| Revenue growth | +11.5% | -12.9% | +54.7% | -21.5% | +72.7% | +1.3% | - |
| Other income | 2.01 | 2.55 | 3.74 | 2.10 | 1.26 | 2.08 | 2.90 |
| Total expenses | 94.70 | 83.48 | 101 | 67.78 | 90.27 | 52.39 | 47.04 |
| Employee cost | 0.00 | 38.32 | 30.73 | 24.85 | 18.35 | 18.44 | 16.12 |
| EBITDA | 30.97 | 29.23 | 28.78 | 15.87 | 16.23 | 9.27 | 13.84 |
| EBITDA margin | +24.6% | +25.9% | +22.2% | +19.0% | +15.2% | +15.0% | +22.7% |
| Depreciation | 9.81 | 9.11 | 7.72 | 6.06 | 5.32 | 5.40 | 5.78 |
| Interest | 10.59 | 13.58 | 14.17 | 9.58 | 8.38 | 8.33 | 8.14 |
| Profit before tax | 12.58 | 9.09 | 10.63 | 2.33 | 3.79 | (2.38) | 2.82 |
| Tax | 3.17 | 1.45 | 4.21 | (1.47) | 2.29 | (0.89) | 0.42 |
| Net profit | 8.08 | 5.55 | 5.31 | 4.27 | 1.08 | (2.00) | 1.94 |
| Net profit margin | +6.4% | +4.9% | +4.1% | +5.1% | +1.0% | -3.2% | +3.2% |
| EPS (₹) | 5.35 | 3.83 | 3.97 | 3.15 | 0.79 | (1.51) | 1.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.42 | 14.50 | 19.70 | 19.14 | 18.62 | 13.42 | 13.42 |
| Reserves & surplus | 140 | 112 | 102 | 88.32 | 79.56 | 75.47 | 80.85 |
| Shareholders' funds (net worth) | 158 | 127 | 122 | 107 | 98.18 | 88.89 | 94.27 |
| Minority interest | 15.01 | 13.60 | 15.01 | 11.57 | 9.14 | 8.04 | 8.09 |
| Secured loans | 84.46 | 96.41 | 104 | 76.42 | 68.47 | 75.49 | 68.47 |
| Unsecured loans | 14.08 | 16.56 | 33.49 | 32.54 | 14.50 | 7.82 | 0.00 |
| Total debt | 98.54 | 113 | 138 | 109 | 82.97 | 83.31 | 68.47 |
| Total liabilities | 276 | 258 | 280 | 232 | 192 | 182 | 172 |
| Assets | |||||||
| Gross block | 228 | 221 | 207 | 172 | 163 | 151 | 145 |
| Net block | 160 | 164 | 158 | 129 | 118 | 110 | 106 |
| Capital work in progress | 7.43 | 3.91 | 7.93 | 0.68 | 1.22 | 0.00 | 0.00 |
| Investments | 4.50 | 4.45 | 40.01 | 28.47 | 7.85 | 4.48 | 5.39 |
| Inventories | 8.60 | 6.55 | 7.84 | 1.79 | 3.33 | 1.87 | 6.66 |
| Sundry debtors | 60.19 | 61.16 | 55.47 | 42.89 | 36.39 | 33.91 | 36.94 |
| Cash & bank balances | 16.12 | 7.57 | 14.05 | 18.69 | 6.39 | 27.66 | 11.59 |
| Loans & advances | 29.59 | 5.49 | 9.16 | 6.06 | 31.27 | 9.51 | 12.55 |
| Total current assets | 114 | 80.77 | 86.52 | 69.43 | 77.38 | 72.95 | 67.74 |
| Total current liabilities | 42.73 | 28.46 | 32.38 | 15.92 | 23.16 | 17.15 | 18.47 |
| Net working capital | 71.77 | 52.31 | 54.14 | 53.51 | 54.22 | 55.80 | 49.27 |
| Total assets | 276 | 258 | 280 | 232 | 192 | 182 | 172 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.57 | 14.05 | 18.69 | 6.39 | 17.11 | 4.62 | 10.91 |
| Net cash from operating activities | 17.28 | 20.62 | 23.84 | 29.75 | (2.29) | 18.93 | (15.39) |
| Net cash from investing activities | (7.47) | 13.93 | (41.65) | (33.81) | (4.73) | (6.35) | (5.10) |
| Net cash from financing activities | (1.27) | (41.03) | 13.16 | 16.36 | (3.70) | (0.09) | 21.18 |
| Net change in cash | 8.55 | (6.48) | (4.64) | 12.30 | (10.72) | 12.49 | 0.68 |
| Closing cash | 16.12 | 7.57 | 14.05 | 18.69 | 6.39 | 27.66 | 11.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.5% | -12.9% | +54.7% | -21.5% | +72.7% | +1.3% | - |
| EBITDA growth | +6.0% | +1.6% | +81.4% | -2.2% | +75.1% | -33.0% | - |
| PBT growth | +38.4% | -14.5% | +356.2% | -38.5% | +9998.0% | - | +37.6% |
| Net income growth | +45.6% | +4.5% | +24.4% | +295.4% | +154.0% | -203.1% | - |
| Revenue CAGR (3Y) | +14.5% | +1.9% | +28.0% | +11.2% | +43.9% | +1.8% | +11.4% |
| EBITDA CAGR (3Y) | +25.0% | +21.7% | +45.9% | +4.7% | +210.9% | +47.3% | +40.6% |
| Profitability & leverage | |||||||
| Net income margin | +7.5% | +6.8% | +5.0% | +4.5% | +1.4% | -2.4% | +3.9% |
| Return on capital employed | - | +8.9% | +10.2% | +5.6% | +6.8% | +3.5% | +7.3% |
| Return on net worth | - | +6.3% | +5.9% | +3.9% | +1.7% | -1.6% | +2.6% |
| Debt / equity | - | 1.01 | 1.08 | 0.93 | 0.89 | 0.83 | 0.63 |
| Long-term debt / equity | - | 0.79 | 0.90 | 0.79 | 0.77 | 0.75 | 0.58 |
| Interest cover | 50.05 | 67.50 | 67.28 | 97.66 | 76.81 | 215.25 | 100.99 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.53 | 0.68 | 0.50 | 0.68 | 0.42 | 0.43 |
| Inventory turnover | - | 15.67 | 26.88 | 32.68 | 40.96 | 14.46 | 18.28 |
| Debtors turnover | - | 1.93 | 2.63 | 2.11 | 3.03 | 1.74 | 2.26 |
| EPS (₹) | 5.35 | 3.83 | 3.97 | 3.15 | 0.79 | (1.51) | 1.43 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.20 | 0.20 |
| Book value per share (₹) | 0.00 | 87.43 | 86.07 | 75.80 | 69.28 | 66.23 | 70.24 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.48 | 20.71 | 11.43 | 14.73 | 13.24 | 16.23 | 10.52 | 14.65 |
| Revenue growth (YoY) | -28.4% | +27.6% | +8.7% | +0.6% | +35.1% | - | - | - |
| Other income | 1.49 | 1.37 | 1.39 | 1.29 | 1.22 | 1.25 | 1.19 | 1.20 |
| Total expenses | 8.54 | 17.71 | 10.14 | 12.83 | 11.55 | 13.94 | 8.92 | 11.56 |
| EBITDA | 0.94 | 3.00 | 1.29 | 1.90 | 1.69 | 2.29 | 1.60 | 3.09 |
| EBITDA margin | +9.9% | +14.5% | +11.3% | +12.9% | +12.8% | +14.1% | +15.2% | +21.1% |
| Depreciation | 0.84 | 0.84 | 0.85 | 0.82 | 0.75 | 0.73 | 0.69 | 0.63 |
| Interest | 0.62 | 0.78 | 0.65 | 0.63 | 0.70 | 0.81 | 0.72 | 0.69 |
| Profit before tax | 0.97 | 2.75 | 1.18 | 1.74 | 1.46 | 2.00 | 1.38 | 2.97 |
| Tax | 0.35 | 0.60 | 0.33 | 0.48 | 0.45 | 0.70 | 0.56 | 0.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 60.12 | 51.20 | 70.05 | 44.50 | 76.97 | 32.55 | 36.20 |
| Revenue growth | +17.4% | -26.9% | +57.4% | -42.2% | +136.5% | -10.1% | - |
| Other income | 5.27 | 4.93 | 3.75 | 3.27 | 2.49 | 2.94 | 6.52 |
| Total expenses | 52.24 | 42.42 | 59.22 | 37.98 | 71.56 | 35.48 | 34.34 |
| Employee cost | 0.00 | 19.61 | 16.88 | 15.24 | 12.74 | 13.32 | 12.16 |
| EBITDA | 7.88 | 8.78 | 10.83 | 6.52 | 5.41 | (2.93) | 1.86 |
| EBITDA margin | +13.1% | +17.2% | +15.5% | +14.7% | +7.0% | -9.0% | +5.1% |
| Depreciation | 3.26 | 2.66 | 2.29 | 1.71 | 1.49 | 1.53 | 1.69 |
| Interest | 2.76 | 2.90 | 2.09 | 1.64 | 1.75 | 1.32 | 1.13 |
| Profit before tax | 7.13 | 8.15 | 10.20 | 6.44 | 4.66 | (2.84) | 5.56 |
| Tax | 1.85 | 2.80 | 2.62 | 0.65 | 2.48 | (0.89) | 1.48 |
| Net profit | 5.28 | 5.35 | 7.58 | 5.58 | 2.19 | (1.95) | 4.08 |
| Net profit margin | +8.8% | +10.5% | +10.8% | +12.5% | +2.9% | -6.0% | +11.3% |
| EPS (₹) | 3.00 | 3.68 | 5.65 | 4.32 | 1.63 | (1.45) | 3.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.42 | 14.50 | 13.43 | 13.42 | 13.42 | 13.42 | 13.42 |
| Reserves & surplus | 142 | 116 | 104 | 96.58 | 90.85 | 88.38 | 90.50 |
| Shareholders' funds (net worth) | 159 | 131 | 118 | 110 | 104 | 102 | 104 |
| Secured loans | 19.82 | 21.33 | 15.39 | 11.36 | 7.23 | 7.74 | 6.92 |
| Unsecured loans | 5.71 | 5.89 | 8.44 | 5.12 | 6.93 | 5.78 | 0.00 |
| Total debt | 25.53 | 27.22 | 23.83 | 16.48 | 14.16 | 13.52 | 6.92 |
| Total liabilities | 187 | 160 | 144 | 130 | 120 | 117 | 112 |
| Assets | |||||||
| Gross block | 58.44 | 54.60 | 50.42 | 50.67 | 50.50 | 49.70 | 45.03 |
| Net block | 31.55 | 30.92 | 28.93 | 29.70 | 23.62 | 23.01 | 18.51 |
| Capital work in progress | 3.21 | 1.23 | 0.06 | 0.12 | 0.02 | 0.00 | 0.00 |
| Investments | 84.82 | 82.90 | 81.19 | 80.47 | 54.25 | 54.63 | 37.85 |
| Inventories | 1.29 | 0.94 | 1.03 | 0.27 | 2.45 | 1.27 | 5.95 |
| Sundry debtors | 24.68 | 24.18 | 19.60 | 16.48 | 20.10 | 11.91 | 15.79 |
| Cash & bank balances | 3.01 | 1.17 | 8.41 | 3.84 | 4.13 | 24.78 | 10.50 |
| Loans & advances | 32.05 | 4.47 | 3.90 | 3.28 | 13.04 | 7.74 | 8.50 |
| Total current assets | 61.03 | 30.76 | 32.94 | 23.87 | 39.72 | 45.70 | 40.74 |
| Total current liabilities | 16.97 | 12.28 | 16.87 | 11.09 | 18.39 | 13.85 | 14.53 |
| Net working capital | 44.06 | 18.48 | 16.07 | 12.78 | 21.33 | 31.85 | 26.21 |
| Total assets | 187 | 160 | 144 | 130 | 120 | 117 | 112 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.17 | 8.41 | 3.84 | 4.13 | 14.23 | 3.53 | 9.25 |
| Net cash from operating activities | (17.06) | (1.63) | 11.58 | 15.69 | (6.04) | 5.30 | 2.55 |
| Net cash from investing activities | (0.32) | (14.68) | (12.94) | (16.11) | (2.72) | 6.10 | 3.29 |
| Net cash from financing activities | 19.22 | 9.07 | 5.93 | 0.13 | (1.35) | (0.69) | (4.60) |
| Net change in cash | 1.84 | (7.24) | 4.57 | (0.29) | (10.11) | 10.70 | 1.25 |
| Closing cash | 3.01 | 1.17 | 8.41 | 3.84 | 4.13 | 24.78 | 10.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.4% | -26.9% | +57.4% | -42.2% | +136.5% | -10.1% | - |
| EBITDA growth | -10.3% | -18.9% | +66.1% | +20.5% | +284.6% | -257.5% | - |
| PBT growth | -12.5% | -20.1% | +58.4% | +38.2% | +9998.0% | - | +46.3% |
| Net income growth | -1.3% | -29.4% | +35.8% | +154.8% | +212.3% | -147.8% | - |
| Revenue CAGR (3Y) | +10.6% | -12.7% | +29.1% | +7.1% | +9.7% | -17.7% | -6.3% |
| EBITDA CAGR (3Y) | +6.5% | +17.5% | - | +51.9% | +72.2% | - | -28.0% |
| Profitability & leverage | |||||||
| Net income margin | +8.8% | +10.5% | +10.8% | +13.0% | +2.8% | -6.0% | +11.3% |
| Return on capital employed | - | +7.3% | +9.0% | +6.5% | +5.4% | -1.3% | +6.1% |
| Return on net worth | - | +4.3% | +6.7% | +5.4% | +2.1% | -1.9% | +4.1% |
| Debt / equity | - | 0.21 | 0.18 | 0.14 | 0.13 | 0.10 | 0.08 |
| Long-term debt / equity | - | 0.15 | 0.15 | 0.13 | 0.12 | 0.10 | 0.08 |
| Interest cover | 59.74 | 47.39 | 24.47 | 34.10 | 44.64 | -29.60 | 664.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.98 | 1.39 | 0.88 | 1.54 | 0.69 | 0.80 |
| Inventory turnover | - | 51.98 | 107.77 | 32.72 | 41.38 | 9.02 | 12.17 |
| Debtors turnover | - | 2.34 | 3.88 | 2.43 | 4.81 | 2.35 | 2.60 |
| EPS (₹) | 3.00 | 3.68 | 5.65 | 4.32 | 1.63 | (1.45) | 3.03 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.20 | 0.20 |
| Book value per share (₹) | 0.00 | 90.15 | 87.68 | 81.96 | 77.69 | 75.85 | 77.43 |
To see the full year-wise statements and ratios of Mitcon Consultancy & Engineering Services Limited, buy the company report.
Board of directors of Mitcon Consultancy & Engineering Services Limited
Mitcon Consultancy & Engineering Services has 8 current directors and 43 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Arjunlal Agarwal | Director | 19 Sep 2018 | 8 Years 1 Months | Current |
| Gayatri Chaitanya Chinthapalli Also directs: Ikshu Farms LLP, GVPR Engineers Limited | Director | 20 Oct 2021 | 5 Years 0 Months | Current |
| Anand Suryakant Chalwade | Managing Director | 19 Sep 2018 | 8 Years 1 Months | Current |
| Sanjay Ballal Phadke | Director | 19 Sep 2018 | 8 Years 1 Months | Current |
| Sudarshan Mohatta Also directs: Smart Collaboration LLP, Alterstep Ventures Private Limited, Alterstep Technologies Private Limited and 1 more | Director | 26 May 2022 | 4 Years 5 Months | Current |
| Sharada Sunder Also directs: H.G. Infra Engineering Limited (Part IX) | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Mitcon Consultancy & Engineering Services Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mitcon Consultancy & Engineering Services Limitedthis company | ₹125.67 Cr (FY 2026) | ₹8.08 Cr | 6.4% | 11.5% | 235 | Pune, Maharashtra, India |
| Anantam Management and Consulting Private Limited | ₹117.56 Cr (FY 2021) | -63.0% | Dlf, Haryana, India | |||
| Alpex Corporate Services and Merchandising Private Limited | ₹117.42 Cr (FY 2016) | 33140666.0% | Mumbai, Maharashtra, India | |||
| Singularity Ventures Private Limited | ₹113.41 Cr (FY 2024) | 40.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mitcon Consultancy & Engineering Services Limited, buy the company report.
Auditor
Mitcon Consultancy & Engineering Services Limited is audited by J SINGH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SINGH & ASSOCIATES | FY 2024 | 110266W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 20.10%, domestic institutional investors hold 6.40% and retail and other public shareholders hold 73.50%.
Sep 2026
QUARTER
6.40% DII (Domestic Institutional)
20.10% FII (Foreign Institutional)
73.50% Retail & Others
Public holding - history
Now 100.00% · Sep 2026High 100.00% · Dec 2025Low 100.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Charges & borrowings
Open charges
₹71.6 Cr
Satisfied charges
₹185.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2026 | 101379691 | Others | ₹1.72 Cr | Open | |
| 06 Jul 2024 | 100950998 | Others | ₹5.36 Cr | Open | |
| 30 Mar 2024 | 100946100 | Others | ₹4.8 Cr | Open | |
| 03 Jan 2023 | 100720177 | Hdfc Bank Limited | ₹27.7 Lakh | Open | |
| 16 Nov 2022 | 100647862 | Others | ₹5.5 Cr | Open |
To see the full charge records of Mitcon Consultancy & Engineering Services Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Mitcon Consultancy & Engineering Services Limited has 25 deals on record (17 market trades, 4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹27.09 Cr; the latest was in June 2025.
Total deals
25
Market trades
17
Secondary share transfers
4
Funding rounds
3
IPO
1
Disclosed funding
₹27.09 Cr
Deals on record (5 of 25)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Market trade | ₹2.69 Cr | Buyer: NK Securities Research Private Limited , an individual Seller: NK Securities Research Private Limited , an individual |
| Jan 2023 | Market trade | ₹6.5 Cr | Buyer: Polus Global Fund, Coeus Global Opportunities Fund Seller: Icm Finance Private Limited , Gladiator Vyapaar Pvt.Ltd. , Priyank Gupta Huf |
| Jul 2021 | Market trade | ₹44.4 Lakh | Buyer: Beesley Consultancy Private Limited |
| Jul 2021 | Market trade | ₹43.2 Lakh | Buyer: Beesley Consultancy Private Limited |
| Mar 2021 | Market trade | ₹49.2 Lakh | Buyer: Beesley Consultancy Private Limited |
To see the full deal history of Mitcon Consultancy & Engineering Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mitcon Consultancy & Engineering Services Limited has 57 court cases on record: 46 filed by Mitcon Consultancy & Engineering Services, 11 filed against it. 4 cases are pending and 53 are disposed.
Total cases
57
Filed by the company
46
Filed against the company
11
Pending
4
Disposed
53
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 5 | 2 |
| High courts | 14 | 4 | 2 |
| NCLT | 6 | 1 | 0 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Lalit Shah Irp of Meru Kapital Pvt Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Mr Lalit Zaverchand Shah Irp of M/S Meru Kapital Pvt Ltd | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed by the company against Kushal Polysacks Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Meru Kapital Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Pingale Sugar & Agro Products Private Limited | Disposed |
To see the full case history of Mitcon Consultancy & Engineering Services 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
Mitcon Consultancy & Engineering Services Limited was last rated by Icra on 25 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 May 2022 |
To see the full credit ratings and regulatory alerts of Mitcon Consultancy & Engineering Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mitcon Consultancy & Engineering Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mitcon Consultancy & Engineering Services has 15 subsidiary companies, 2 joint ventures, and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
15
Subsidiary companies
2
Joint ventures
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| MSPL Unit 5 Limited | U35105PN2023PLC218329 | |
| MSPL Unit 4 Limited | U35105PN2023PLC218445 | |
| MSPL Unit 2 Limited | U40106PN2020PLC197102 | |
| Krishna Windfarms Developers Private Limited | U40108MH2002PTC135146 | |
| MSPL Unit 1 Limited | U40108PN2020PLC197009 | |
| MSPL Unit 3 Limited | U40109PN2020PLC197147 |
To see the full group structure of Mitcon Consultancy & Engineering Services Limited, buy the company report.
Employees & EPFO
Mitcon Consultancy & Engineering Services Limited has a workforce of 235 employees on its EPFO records as of Mar 18, 2025, across 1 active EPFO establishment.
Employee count
235
Active EPFO establishments
1
Employee growth
20.51%
GST
Mitcon Consultancy & Engineering Services has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCM2681H1ZI | Delhi | Active | 01 Jul 2017 |
| 24AABCM2681H1ZM | Gujarat | Active | 01 Jul 2017 |
| 27AABCM2681H1ZG | Maharashtra | Active | 01 Jul 2017 |
| 29AABCM2681H1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mitcon Consultancy & Engineering Services Limited, buy the company report.
Recent activity
Mitcon Consultancy & Engineering Services Limited has 87 board changes on record since 1995: 49 appointments and 38 cessations. The latest: Prakash Dhundiraj Vaidya was appointed as Director on 29 Apr 2026.
AGM
Mitcon Consultancy & Engineering Services Limited last Annual general meeting of members was held on 17 Sep 2026 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.72 Cr with Charge ID 101379691 was registered on 25 Aug 2026.
Appointed
Prakash Dhundiraj Vaidya was appointed as Director.
Charges
A charge with Others of Rs. 5.36 Cr registered on 06 Jul 2024 with Charge ID 100950998 was modified on 04 Apr 2026.
Filing
Mitcon Consultancy & Engineering Services Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Charges
A charge registered on 20 Aug 2020 via Charge ID 100366359 with Hdfc Bank Limited was fully satisfied on 05 Jul 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 24.94 Cr registered on 23 Dec 2020 with Charge ID 100448319 was modified on 12 Jun 2025.
Ceased
Archana Girish Lakhe ceased to be Director.
Appointed
Manjunath Thyagaraj Jyothinagara was appointed as Director.
Charges
A charge registered on 30 Oct 2020 via Charge ID 100391909 with Others was fully satisfied on 24 Dec 2024.
Appointed
Promila Aggarwal was appointed as Director.
Appointed
Sharada Sunder was appointed as Director.
116 earlier events are in the company report.
News
Frequently asked questions
Mitcon Consultancy & Engineering Services is an active public limited company based in Pune, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 16 April 1982 (44+ years old) and is registered under CIN L74140PN1982PLC026933. Listed on NSE: MITCON.
Mitcon Consultancy & Engineering Services reported revenue of ₹125.67 Cr for FY 2025-26 (up 11.5% YoY) based on consolidated financials.
Mitcon Consultancy & Engineering Services has 8 current directors:
- Anand Suryakant Chalwade - Managing Director
- Ajay Arjunlal Agarwal - Director
- Gayatri Chaitanya Chinthapalli - Director
- Sanjay Ballal Phadke - Director
- Sudarshan Mohatta - Director
- Sharada Sunder - Director
- Promila Aggarwal - Director
- Prakash Dhundiraj Vaidya - Director
The latest financial statements of Mitcon Consultancy & Engineering Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Mitcon Consultancy & Engineering Services is 07AABCM2681H1ZI, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 24AABCM2681H1ZM (Gujarat), 27AABCM2681H1ZG (Maharashtra), 29AABCM2681H1ZC (Karnataka).
The CIN (Corporate Identification Number) of Mitcon Consultancy & Engineering Services is L74140PN1982PLC026933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mitcon Consultancy & Engineering Services is a listed company as per MCA records. Its shares are listed on NSE (symbol: MITCON).
Mitcon Consultancy & Engineering Services has 57 court cases on record: 46 filed by the company and 11 filed against it. 4 are pending. Most are in the district courts.
Mitcon Consultancy & Engineering Services was incorporated on 16 April 1982, making it 44+ years old. It is registered with the Registrar of Companies, Pune.
Mitcon Consultancy & Engineering Services has 25 deals on record (17 market trades, 4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹27.09 Cr; the latest was in June 2025.
The peers of Mitcon Consultancy & Engineering Services by revenue are Anantam Management and Consulting Private Limited, Alpex Corporate Services and Merchandising Private Limited, Singularity Ventures Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).