Mitcon Consultancy & Engineering Services Limited

NSE: MITCON
Mitcon Consultancy & Engineering Services Limited - business outsourcing in Pune, Maharashtra, India. FY 2026 financials and compliance.
CIN L74140PN1982PLC026933 Incorporated 16 April 1982 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: MITCON Public Limited Company business outsourcing
Data last updated
Revenue · FY 2026
₹125.67 Cr
▲ 11.5% YoY
Computed EBITDA · FY 2026
₹32.97 Cr
▲ 3.76% YoY
Net profit · FY 2026
₹9.41 Cr
▲ 43.95% YoY
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹17.42 Cr
Issued & subscribed
Open charges
₹69.88 Cr
Satisfied ₹185.92 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
235
Latest available

About Mitcon Consultancy & Engineering Services Limited

Data last updated: 14 July 2026

Mitcon Consultancy & Engineering Services Limited is a public limited company based in Pune, Maharashtra, India. It specialises in business and IT consulting, a part of the broader business process outsourcing sector. Incorporated on 16 April 1982, the company has been in operation for over 44 years.

Registered with ROC Pune under CIN L74140PN1982PLC026933. Listed on NSE: MITCON.

Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.42 Cr. Formerly known as Mitcon Consultancy Services Limited and Maharashtra Industrial and Technical Consultancy Organisation Limited. It is led by directors including Ajay Arjunlal Agarwal and Sanjay Ballal Phadke.

Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹125.67 Cr, a growth of 11.5% compared to the previous year. The net worth stands at ₹172.92 Cr (up 23.19% YoY). Total assets are valued at ₹321.53 Cr (up 12.32% YoY).

The company has a workforce of approximately 235 employees as per the latest available data. Its group structure includes 15 subsidiaries and 2 joint ventures.

The company is associated with 2 brands - Mitcon Training Institute, Mitcon Consultancy & Engineering Services. As per MCA filings, the company has open charges of ₹69.88 Cr and satisfied charges of ₹185.92 Cr on record.

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 of Mitcon Consultancy & Engineering Services Limited
CIN L74140PN1982PLC026933
Registration Number 026933
Incorporation Date 16 April 1982
ROC Pune
Listing Status Listed (NSE: MITCON)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Anand Suryakant Chalwade Managing Director Ajay Arjunlal Agarwal Director Sanjay Ballal Phadke Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    mitconindia.com
  • Social Media
  • Registered Address
    Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005
  • Industry
    Business Outsourcing, Business & IT Consulting
Company report
Mitcon Consultancy & Engineering Services Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Mitcon Consultancy & Engineering Services Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited 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, reflecting the company's evolution and rebranding over time.

Company Name Status
Mitcon Consultancy & Engineering Services Limited Current
Mitcon Consultancy Services Limited Previous
Maharashtra Industrial And Technical Consultancy Organisation Limited Previous

CIN History of Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited 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

Associated Brands with Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited operates two associated brands: MITCON Training Institute and Mitcon Consultancy & Engineering Services. These brands represent Mitcon Consultancy & Engineering Services Limited's diversified market presence and brand portfolio.

Brand Description Website
Mitcon Consultancy & Engineering Services
Consultancy and Engineering services to corporates mitconindia.com
MITCON Training Institute
IT training courses and skill development in Navi Mumbai, India. mitconeschool.com

Competitors & Alternatives of Mitcon Consultancy & Engineering Services Limited

Brands and companies operating in the same space as Mitcon Consultancy & Engineering Services Limited include Lightsource BP, Fourth Partner Energy, Freyr Energy and 5 more.

Competitor Description Location Founded
Lightsource BP Lightsource BP Solar energy projects are developed and operated by Lightsource BP. Holborn, United Kingdom, United Kingdom 2010
Fourth Partner Energy Fourth Partner Energy On-grid and off-grid solar solutions and products are provided. Hyderabad, India, India 2010
Freyr Energy Freyr Energy Solar energy projects are developed for residential and commercial applications. Hyderabad, India, India 2014
GREW GREW Provider of a range of solar products and services Ahmedabad, India, India 2022
Prozeal Green Prozeal Green Provider of solar EPC, IPP services, and battery energy storage systems Ahmedabad, India, India 2011
Mahindra Susten Mahindra Susten Turnkey EPC services for solar power plants are provided. Mumbai, India, India 2010
Sterling And Wilson Sterling And Wilson EPC and MEP services are provided across diverse sectors. Mumbai, India, India 1927
Virescent Renewable Energy Trust Virescent Renewable Energy Trust Solar energy projects are developed by Virescent Renewable Energy Trust. Mumbai, India, India 2020

Business Activity of Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited is engaged in principal business activities including professional, scientific and technical and electricity, gas, steam and air condition supply, with detailed activities including management consultancy activities, electric power generation, transmission and distribution. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
M Professional, Scientific and Technical M3 Management consultancy activities Locked
D Electricity, gas, steam and air condition supply D1 Electric power generation, transmission and distribution Locked
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Business activity turnover details for Mitcon Consultancy & Engineering Services Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Auditor Details of Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited is audited by J Singh & Associates (ICAI peer reviewed, certificate valid till 2028-12-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
J Singh & Associates (ICAI peer reviewed, certificate valid till 2028-12-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited is currently managed by 8 directors, with 43 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ajay Arjunlal Agarwal
Also directs: Mitcon Consultancy & Engineering Services Limited, Mitcon Impact Asset Management Private Limited, Fundsguide India Private Limited
Director 19 Sep 2018 7 Years 10 Months Current
Sanjay Ballal Phadke
Also directs: Mitcon Consultancy & Engineering Services Limited, Krishna Windfarms Developers Private Limited, Thincr Technologies India Private Limited and 2 more
Director 19 Sep 2018 7 Years 10 Months Current
Gayatri Chaitanya Chinthapalli
Also directs: Mitcon Consultancy & Engineering Services Limited, Ikshu Farms Llp, Gvpr Engineers Limited
Director 20 Oct 2021 4 Years 9 Months Current
Anand Suryakant Chalwade
Also directs: Mitcon Consultancy & Engineering Services Limited, Florem Multiventures Private Limited, Shrikhande Consultants Limited and 1 more
Managing Director 19 Sep 2018 7 Years 10 Months Current
Sudarshan Mohatta
Also directs: Mitcon Consultancy & Engineering Services Limited, Smart Collaboration Llp, Alterstep Ventures Private Limited and 2 more
Director 26 May 2022 4 Years 2 Months Current
Sharada Sunder
Also directs: Mitcon Consultancy & Engineering Services Limited, H.G. Infra Engineering Limited (Part Ix)
Director 23 Aug 2024 1 Years 11 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Mitcon Consultancy & Engineering Services Limited FY 2026 filings available

Mitcon Consultancy & Engineering Services Limited reported revenue of ₹125.67 Cr (up 11.5% YoY) for FY 2026.

Revenue · FY 2026
₹125.67 Cr ▲ 11.5%
Profit · FY 2026
₹9.41 Cr ▲ 43.95%
Computed EBITDA · FY 2026
₹32.97 Cr ▲ 3.76%
Revenue₹ Cr · Consolidated050100150FY 2022: ₹107 Cr107FY 2022FY 2023: ₹84 Cr · -21.5% YoY83.7-21.5%FY 2023FY 2024: ₹129 Cr · +54.7% YoY129+54.7%FY 2024FY 2025: ₹113 Cr · -12.9% YoY113-12.9%FY 2025FY 2026: ₹126 Cr · +11.5% YoY126+11.5%FY 2026
Net Profit₹ Cr · Consolidated0510FY 2022: ₹1 Cr1.5FY 2022FY 2023: ₹4 Cr · +193.4% YoY4.4+193.4%FY 2023FY 2024: ₹6 Cr · +28.3% YoY5.6+28.3%FY 2024FY 2025: ₹7 Cr · +16.1% YoY6.5+16.1%FY 2025FY 2026: ₹9 Cr · +43.9% YoY9.4+43.9%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0204060Q1'25: ₹24 Cr · -17.3% YoY24.4-17.3%Q1'25Q2'25: ₹28 Cr · -22.1% YoY27.8-22.1%Q2'25Q3'25: ₹22 Cr · -7.6% YoY22.3-7.6%Q3'25Q4'25: ₹38 Cr · -4.6% YoY38.1-4.6%Q4'25Q1'26: ₹24 Cr · +0% YoY24.4+0%Q1'26Q2'26: ₹29 Cr · +5.8% YoY29.5+5.8%Q2'26Q3'26: ₹27 Cr · +19% YoY26.5+19%Q3'26Q4'26: ₹45 Cr · +18.6% YoY45.2+18.6%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Revenue from Operations ₹125.67 Cr ₹112.71 Cr ₹129.42 Cr ₹83.65 Cr ₹106.5 Cr
Other Income ₹2.01 Cr ₹2.55 Cr ₹3.74 Cr ₹2.1 Cr ₹1.26 Cr
Total Income ₹127.67 Cr ₹115.26 Cr ₹133.16 Cr ₹85.75 Cr ₹107.76 Cr
Cost of Materials Consumed ₹35.19 Cr ₹28.04 Cr ₹60.95 Cr ₹29.66 Cr ₹52.96 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹2.05 Cr ₹1.29 Cr -₹6.05 Cr -₹64.89 Lakh -₹28.02 Lakh
Employee Benefit Expense ₹42.79 Cr ₹38.32 Cr ₹30.73 Cr ₹24.85 Cr ₹18.35 Cr
Finance Costs ₹10.59 Cr ₹13.58 Cr ₹14.17 Cr ₹9.58 Cr ₹8.29 Cr
Depreciation & Amortisation ₹9.81 Cr ₹9.11 Cr ₹7.72 Cr ₹6.06 Cr ₹5.32 Cr
Other Expenses ₹18.76 Cr ₹15.83 Cr ₹15.01 Cr ₹13.92 Cr ₹19.33 Cr
Total Expenses ₹115.09 Cr ₹106.16 Cr ₹122.53 Cr ₹83.42 Cr ₹103.97 Cr
Profit Before Exceptional Items & Tax ₹12.58 Cr ₹9.1 Cr ₹10.63 Cr ₹2.33 Cr ₹3.79 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹12.58 Cr ₹9.1 Cr ₹10.63 Cr ₹2.33 Cr ₹3.79 Cr
Total Tax Expense ₹3.17 Cr ₹1.44 Cr ₹4.21 Cr -₹1.47 Cr ₹2.29 Cr
Net Profit ₹9.41 Cr ₹6.54 Cr ₹5.63 Cr ₹4.39 Cr ₹1.5 Cr
  attributable to Owners ₹8.09 Cr ₹5.56 Cr ₹5.33 Cr ₹4.23 Cr ₹1.06 Cr
  attributable to NCI ₹1.33 Cr ₹98.41 Lakh ₹29.93 Lakh ₹16.44 Lakh ₹43.41 Lakh
Other Comprehensive Income ₹32.58 Lakh -₹2.07 Cr ₹8.36 Cr ₹4.6 Cr ₹2.91 Cr
Total Comprehensive Income ₹9.74 Cr ₹4.47 Cr ₹13.99 Cr ₹9 Cr ₹4.41 Cr
EBITDA (computed) ₹32.97 Cr ₹31.78 Cr ₹32.51 Cr ₹17.97 Cr ₹17.4 Cr
Basic EPS ₹5.41 ₹4.63 ₹4.20 ₹3.27 ₹1.12
Diluted EPS ₹5.35 ₹4.00 ₹4.18 ₹3.27 ₹1.12
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹321.53 Cr ₹286.26 Cr ₹311.93 Cr ₹247.7 Cr
Non-current Assets ₹207.03 Cr ₹205.49 Cr ₹225.41 Cr ₹178.27 Cr
Current Assets ₹114.5 Cr ₹80.77 Cr ₹86.52 Cr ₹69.43 Cr
Property, Plant & Equipment ₹146.45 Cr ₹151.93 Cr ₹145.72 Cr ₹116.9 Cr
Inventories ₹8.6 Cr ₹6.55 Cr ₹7.84 Cr ₹1.79 Cr
Trade Receivables ₹60.19 Cr ₹61.16 Cr ₹55.47 Cr ₹42.89 Cr
Cash & Equivalents ₹10.56 Cr ₹4.52 Cr ₹10.77 Cr ₹15.73 Cr
Equity (Net Worth) ₹172.92 Cr ₹140.36 Cr ₹130.61 Cr ₹113.31 Cr
Equity Share Capital ₹17.42 Cr ₹14.5 Cr ₹13.43 Cr ₹13.42 Cr
Borrowings (Non-current) ₹60.44 Cr ₹75.18 Cr ₹113.06 Cr ₹91.1 Cr
Borrowings (Current) ₹31.61 Cr ₹30.35 Cr ₹23.7 Cr ₹5.63 Cr
Total Debt (computed) ₹92.05 Cr ₹105.53 Cr ₹136.75 Cr ₹96.73 Cr
Current Liabilities ₹74.34 Cr ₹58.81 Cr ₹56.08 Cr ₹32.14 Cr
Total Liabilities ₹148.61 Cr ₹145.9 Cr ₹181.32 Cr ₹134.38 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹17.28 Cr ₹20.62 Cr ₹23.84 Cr ₹29.75 Cr -₹2.29 Cr
Investing Cash Flow -₹7.47 Cr ₹13.93 Cr -₹41.65 Cr -₹33.81 Cr -₹4.73 Cr
Financing Cash Flow -₹1.27 Cr -₹41.03 Cr ₹13.16 Cr ₹16.36 Cr -₹3.7 Cr
Capital Expenditure ₹3.53 Cr ₹14.86 Cr ₹36.33 Cr ₹16.47 Cr ₹14.84 Cr
Free Cash Flow (computed) ₹13.75 Cr ₹5.76 Cr -₹12.49 Cr ₹13.28 Cr -₹17.13 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹26.84 Lakh
Net Change in Cash ₹8.55 Cr -₹6.48 Cr -₹4.64 Cr ₹12.3 Cr -₹10.72 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹45.23 Cr ₹26.55 Cr ₹29.46 Cr ₹24.43 Cr ₹38.13 Cr ₹22.31 Cr ₹27.84 Cr ₹24.44 Cr ₹39.96 Cr ₹24.15 Cr ₹35.76 Cr ₹29.55 Cr
Other Income ₹76.19 Lakh ₹45.32 Lakh ₹41.52 Lakh ₹37.5 Lakh ₹59.12 Lakh ₹54.32 Lakh ₹78.78 Lakh ₹62.73 Lakh ₹2.38 Cr ₹52.04 Lakh ₹48.44 Lakh ₹35.66 Lakh
Total Income ₹45.99 Cr ₹27 Cr ₹29.87 Cr ₹24.81 Cr ₹38.72 Cr ₹22.85 Cr ₹28.63 Cr ₹25.07 Cr ₹42.34 Cr ₹24.67 Cr ₹36.24 Cr ₹29.9 Cr
Cost of Materials Consumed ₹13.04 Cr ₹6.56 Cr ₹8 Cr ₹7.6 Cr ₹13.73 Cr ₹3.69 Cr ₹5.45 Cr ₹5.17 Cr ₹20.87 Cr ₹9.19 Cr ₹18.39 Cr ₹12.5 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹90.27 Lakh -₹93.7 Lakh ₹46.86 Lakh -₹2.48 Cr -₹2.21 Lakh -₹96.35 Lakh ₹2.06 Cr ₹21.82 Lakh -₹2.56 Cr -₹2.32 Cr -₹11.08 Lakh -₹1.06 Cr
Employee Benefit Expense ₹13.28 Cr ₹9.71 Cr ₹10.71 Cr ₹9.09 Cr ₹11.5 Cr ₹9.13 Cr ₹9.46 Cr ₹8.23 Cr ₹8.51 Cr ₹7.84 Cr ₹7.06 Cr ₹7.32 Cr
Finance Costs ₹2.69 Cr ₹2.46 Cr ₹2.62 Cr ₹2.82 Cr ₹2.86 Cr ₹3.33 Cr ₹3.69 Cr ₹3.69 Cr ₹5.62 Cr ₹2.93 Cr ₹3.05 Cr ₹2.57 Cr
Depreciation & Amortisation ₹2.53 Cr ₹2.49 Cr ₹2.44 Cr ₹2.34 Cr ₹2.37 Cr ₹2.31 Cr ₹2.24 Cr ₹2.18 Cr ₹2.22 Cr ₹2.06 Cr ₹1.71 Cr ₹1.74 Cr
Other Expenses ₹5.93 Cr ₹4.51 Cr ₹4.49 Cr ₹3.83 Cr ₹5.33 Cr ₹3.81 Cr ₹3.5 Cr ₹3.19 Cr ₹5.44 Cr ₹2.84 Cr ₹3.28 Cr ₹3.46 Cr
Total Expenses ₹38.37 Cr ₹24.79 Cr ₹28.74 Cr ₹23.19 Cr ₹35.78 Cr ₹21.3 Cr ₹26.39 Cr ₹22.69 Cr ₹40.09 Cr ₹22.54 Cr ₹33.38 Cr ₹26.52 Cr
Profit Before Exceptional Items & Tax ₹7.62 Cr ₹2.21 Cr ₹1.13 Cr ₹1.62 Cr ₹2.94 Cr ₹1.55 Cr ₹2.23 Cr ₹2.38 Cr ₹2.25 Cr ₹2.13 Cr ₹2.87 Cr ₹3.38 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹7.62 Cr ₹2.21 Cr ₹1.13 Cr ₹1.62 Cr ₹2.94 Cr ₹1.55 Cr ₹2.23 Cr ₹2.38 Cr ₹2.25 Cr ₹2.13 Cr ₹2.87 Cr ₹3.38 Cr
Total Tax Expense ₹2 Cr ₹46.11 Lakh ₹25.23 Lakh ₹45.98 Lakh ₹97.37 Lakh ₹58.49 Lakh ₹82.58 Lakh -₹94.11 Lakh -₹77.5 Lakh ₹1.04 Cr ₹2.07 Cr ₹1.88 Cr
Net Profit ₹5.64 Cr ₹1.6 Cr ₹97.79 Lakh ₹1.2 Cr ₹1.71 Cr ₹38.42 Lakh ₹1.53 Cr ₹2.92 Cr ₹2.49 Cr ₹69.9 Lakh ₹80.04 Lakh ₹1.64 Cr
  attributable to Owners ₹4.72 Cr ₹1.35 Cr ₹92.72 Lakh ₹1.09 Cr ₹1.69 Cr ₹25.9 Lakh ₹90.73 Lakh ₹2.7 Cr ₹1.64 Cr ₹1.04 Cr ₹1.1 Cr ₹1.56 Cr
  attributable to NCI ₹92.15 Lakh ₹24.62 Lakh ₹5.07 Lakh ₹10.99 Lakh ₹1.49 Lakh ₹12.52 Lakh ₹62.47 Lakh ₹21.93 Lakh ₹85.31 Lakh -₹33.62 Lakh -₹30.19 Lakh ₹8.43 Lakh
Other Comprehensive Income ₹11.27 Lakh ₹12.27 Lakh ₹6.12 Lakh ₹2.92 Lakh -₹34.88 Lakh -₹1.41 Cr ₹1.39 Cr -₹1.7 Cr ₹1.33 Cr ₹5.45 Cr ₹31.11 Lakh ₹1.27 Cr
Total Comprehensive Income ₹5.76 Cr ₹1.72 Cr ₹1.04 Cr ₹1.23 Cr ₹1.36 Cr -₹1.03 Cr ₹2.92 Cr ₹1.21 Cr ₹3.82 Cr ₹6.15 Cr ₹1.11 Cr ₹2.91 Cr
EBITDA (computed) ₹12.84 Cr ₹7.16 Cr ₹6.2 Cr ₹6.78 Cr ₹8.18 Cr ₹7.18 Cr ₹8.16 Cr ₹8.26 Cr ₹10.09 Cr ₹7.11 Cr ₹7.63 Cr ₹7.69 Cr
Basic EPS ₹3.24 ₹0.92 ₹0.56 ₹0.82 ₹1.21 ₹0.27 ₹1.11 ₹2.17 ₹1.86 ₹0.52 ₹0.60 ₹1.22
Diluted EPS ₹3.21 ₹0.90 ₹0.56 ₹0.67 ₹1.04 ₹0.24 ₹1.03 ₹2.15 ₹1.85 ₹0.52 ₹0.60 ₹1.22
Latest 12 quarters shown of 17 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Consultancy and Training ₹39.32 Cr ₹7.15 Cr ₹132.81 Cr ₹73.74 Cr
Project Service ₹85.2 Lakh ₹17.93 Lakh ₹32.56 Cr ₹10.02 Cr
Wind / Solar Power Generation ₹5.06 Cr ₹2.22 Cr ₹156.16 Cr ₹64.85 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Consultancy and Training ₹94.34 Cr ₹13.22 Cr - -
Project Service ₹13.92 Cr ₹1.2 Cr - -
Wind / Solar Power Generation ₹17.41 Cr ₹6.75 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Revenue from Operations ₹60.12 Cr ₹51.2 Cr ₹70.05 Cr ₹44.5 Cr ₹76.97 Cr
Other Income ₹5.27 Cr ₹4.93 Cr ₹3.75 Cr ₹3.27 Cr ₹2.49 Cr
Total Income ₹65.39 Cr ₹56.13 Cr ₹73.8 Cr ₹47.77 Cr ₹79.45 Cr
Cost of Materials Consumed ₹21.88 Cr ₹14.2 Cr ₹35.39 Cr ₹15.55 Cr ₹52.78 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹34.51 Lakh ₹8.24 Lakh -₹75.93 Lakh ₹0 ₹0
Employee Benefit Expense ₹20.62 Cr ₹19.61 Cr ₹16.88 Cr ₹15.24 Cr ₹12.74 Cr
Finance Costs ₹2.76 Cr ₹2.9 Cr ₹2.09 Cr ₹1.64 Cr ₹1.75 Cr
Depreciation & Amortisation ₹3.26 Cr ₹2.66 Cr ₹2.29 Cr ₹1.71 Cr ₹1.49 Cr
Other Expenses ₹10.09 Cr ₹8.53 Cr ₹7.71 Cr ₹7.19 Cr ₹6.03 Cr
Total Expenses ₹58.26 Cr ₹47.99 Cr ₹63.6 Cr ₹41.32 Cr ₹74.79 Cr
Profit Before Exceptional Items & Tax ₹7.13 Cr ₹8.14 Cr ₹10.2 Cr ₹6.45 Cr ₹4.66 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹7.13 Cr ₹8.14 Cr ₹10.2 Cr ₹6.45 Cr ₹4.66 Cr
Total Tax Expense ₹1.85 Cr ₹2.8 Cr ₹2.62 Cr ₹64.96 Lakh ₹2.48 Cr
Net Profit ₹5.28 Cr ₹5.34 Cr ₹7.58 Cr ₹5.8 Cr ₹2.18 Cr
  attributable to Owners - - - - ₹0
  attributable to NCI - - - - ₹0
Other Comprehensive Income ₹13.05 Lakh -₹8.83 Lakh ₹10.58 Lakh -₹7.1 Lakh ₹57.52 Lakh
Total Comprehensive Income ₹5.41 Cr ₹5.25 Cr ₹7.69 Cr ₹5.73 Cr ₹2.76 Cr
EBITDA (computed) ₹13.16 Cr ₹13.7 Cr ₹14.58 Cr ₹9.8 Cr ₹7.89 Cr
Basic EPS ₹3.03 ₹3.77 ₹5.65 ₹4.32 ₹1.63
Diluted EPS ₹3.00 ₹3.26 ₹5.62 ₹4.32 ₹1.63
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹206.02 Cr ₹174.68 Cr ₹161.81 Cr ₹141.26 Cr
Non-current Assets ₹144.98 Cr ₹143.92 Cr ₹128.88 Cr ₹117.63 Cr
Current Assets ₹61.04 Cr ₹30.76 Cr ₹32.93 Cr ₹23.64 Cr
Property, Plant & Equipment ₹29.92 Cr ₹30.24 Cr ₹28.07 Cr ₹24.6 Cr
Inventories ₹1.29 Cr ₹94.42 Lakh ₹1.03 Cr ₹26.73 Lakh
Trade Receivables ₹24.68 Cr ₹24.18 Cr ₹19.6 Cr ₹16.48 Cr
Cash & Equivalents ₹39.33 Lakh ₹73.9 Lakh ₹7.49 Cr ₹87.74 Lakh
Equity (Net Worth) ₹158.94 Cr ₹130.71 Cr ₹117.77 Cr ₹110 Cr
Equity Share Capital ₹17.42 Cr ₹14.5 Cr ₹13.43 Cr ₹13.42 Cr
Borrowings (Non-current) ₹11.7 Cr ₹12.34 Cr ₹13.79 Cr ₹10.08 Cr
Borrowings (Current) ₹8.12 Cr ₹8.99 Cr ₹4.91 Cr ₹1.29 Cr
Total Debt (computed) ₹19.82 Cr ₹21.33 Cr ₹18.71 Cr ₹11.36 Cr
Current Liabilities ₹25.09 Cr ₹21.27 Cr ₹21.78 Cr ₹13.41 Cr
Total Liabilities ₹47.08 Cr ₹43.97 Cr ₹44.04 Cr ₹31.27 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹17.06 Cr -₹1.63 Cr ₹11.58 Cr ₹15.97 Cr -₹6.04 Cr
Investing Cash Flow -₹32.06 Lakh -₹14.68 Cr -₹12.94 Cr -₹16.39 Cr -₹2.72 Cr
Financing Cash Flow ₹19.22 Cr ₹9.07 Cr ₹5.93 Cr ₹13.38 Lakh -₹1.35 Cr
Capital Expenditure ₹2.39 Cr ₹3.67 Cr ₹1.25 Cr ₹8.86 Cr ₹2.16 Cr
Free Cash Flow (computed) -₹19.45 Cr -₹5.3 Cr ₹10.33 Cr ₹7.11 Cr -₹8.19 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹26.84 Lakh
Net Change in Cash ₹1.84 Cr -₹7.24 Cr ₹4.57 Cr -₹28.75 Lakh -₹10.11 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹20.71 Cr ₹11.43 Cr ₹14.73 Cr ₹13.24 Cr ₹16.23 Cr ₹10.52 Cr ₹14.65 Cr ₹9.8 Cr ₹20.29 Cr ₹10.44 Cr ₹23.53 Cr ₹15.79 Cr
Other Income ₹1.37 Cr ₹1.39 Cr ₹1.29 Cr ₹1.22 Cr ₹1.25 Cr ₹1.19 Cr ₹1.2 Cr ₹1.3 Cr ₹94.67 Lakh ₹1.04 Cr ₹1 Cr ₹75.95 Lakh
Total Income ₹22.08 Cr ₹12.82 Cr ₹16.02 Cr ₹14.47 Cr ₹17.48 Cr ₹11.71 Cr ₹15.85 Cr ₹11.1 Cr ₹21.23 Cr ₹11.48 Cr ₹24.54 Cr ₹16.55 Cr
Cost of Materials Consumed ₹7.07 Cr ₹3.18 Cr ₹4.93 Cr ₹6.7 Cr ₹5.48 Cr ₹2.94 Cr ₹2.28 Cr ₹3.51 Cr ₹11.17 Cr ₹2.75 Cr ₹14.7 Cr ₹6.78 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹82.26 Lakh -₹6.1 Lakh ₹38.73 Lakh -₹1.49 Cr -₹47.57 Lakh -₹34.85 Lakh ₹2.38 Cr -₹1.47 Cr -₹75.93 Lakh ₹0 ₹0 ₹0
Employee Benefit Expense ₹6.75 Cr ₹4.48 Cr ₹5.1 Cr ₹4.29 Cr ₹5.99 Cr ₹4.35 Cr ₹5.03 Cr ₹4.24 Cr ₹4.66 Cr ₹4.29 Cr ₹3.72 Cr ₹4.22 Cr
Finance Costs ₹77.85 Lakh ₹64.89 Lakh ₹63.22 Lakh ₹70.38 Lakh ₹80.75 Lakh ₹71.67 Lakh ₹68.95 Lakh ₹68.77 Lakh ₹54.05 Lakh ₹57.91 Lakh ₹48.2 Lakh ₹48.65 Lakh
Depreciation & Amortisation ₹84.25 Lakh ₹85.22 Lakh ₹81.66 Lakh ₹74.67 Lakh ₹73.38 Lakh ₹69.27 Lakh ₹62.56 Lakh ₹60.76 Lakh ₹60.72 Lakh ₹60.25 Lakh ₹52.67 Lakh ₹55.33 Lakh
Other Expenses ₹3.07 Cr ₹2.55 Cr ₹2.41 Cr ₹2.06 Cr ₹2.96 Cr ₹1.98 Cr ₹1.87 Cr ₹1.72 Cr ₹2.48 Cr ₹1.42 Cr ₹1.85 Cr ₹1.95 Cr
Total Expenses ₹19.33 Cr ₹11.64 Cr ₹14.28 Cr ₹13 Cr ₹15.48 Cr ₹10.33 Cr ₹12.87 Cr ₹9.3 Cr ₹18.69 Cr ₹9.65 Cr ₹21.27 Cr ₹13.99 Cr
Profit Before Exceptional Items & Tax ₹2.75 Cr ₹1.18 Cr ₹1.74 Cr ₹1.46 Cr ₹2 Cr ₹1.38 Cr ₹2.97 Cr ₹1.8 Cr ₹2.55 Cr ₹1.83 Cr ₹3.26 Cr ₹2.56 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹2.75 Cr ₹1.18 Cr ₹1.74 Cr ₹1.46 Cr ₹2 Cr ₹1.38 Cr ₹2.97 Cr ₹1.8 Cr ₹2.55 Cr ₹1.83 Cr ₹3.26 Cr ₹2.56 Cr
Total Tax Expense ₹59.91 Lakh ₹32.59 Lakh ₹47.79 Lakh ₹44.74 Lakh ₹69.42 Lakh ₹55.47 Lakh ₹91.8 Lakh ₹63.72 Lakh ₹83.05 Lakh -₹4.13 Lakh ₹87.58 Lakh ₹95.21 Lakh
Net Profit ₹2.15 Cr ₹85.41 Lakh ₹1.26 Cr ₹1.02 Cr ₹1.3 Cr ₹82.09 Lakh ₹2.05 Cr ₹1.16 Cr ₹1.72 Cr ₹1.87 Cr ₹2.39 Cr ₹1.61 Cr
Other Comprehensive Income ₹5.55 Lakh ₹7.76 Lakh -₹2.94 Lakh ₹2.68 Lakh -₹6.63 Lakh -₹1.07 Lakh -₹3.78 Lakh ₹2.65 Lakh ₹3.99 Lakh ₹2.2 Lakh ₹4.98 Lakh -₹58,000
Total Comprehensive Income ₹2.21 Cr ₹93.17 Lakh ₹1.23 Cr ₹1.04 Cr ₹1.23 Cr ₹81.02 Lakh ₹2.01 Cr ₹1.19 Cr ₹1.76 Cr ₹1.89 Cr ₹2.44 Cr ₹1.61 Cr
EBITDA (computed) ₹4.37 Cr ₹2.68 Cr ₹3.19 Cr ₹2.91 Cr ₹3.54 Cr ₹2.79 Cr ₹4.29 Cr ₹3.09 Cr ₹3.69 Cr ₹3.01 Cr ₹4.27 Cr ₹3.6 Cr
Basic EPS ₹1.24 ₹0.49 ₹0.72 ₹0.70 ₹0.92 ₹0.59 ₹1.49 ₹0.87 ₹1.28 ₹1.39 ₹1.78 ₹1.20
Diluted EPS ₹1.22 ₹0.48 ₹0.72 ₹0.57 ₹0.80 ₹0.52 ₹1.37 ₹0.86 ₹1.27 ₹1.38 ₹1.78 ₹1.20
Latest 12 quarters shown of 17 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Consultancy and Training ₹20.14 Cr ₹2.11 Cr ₹184.25 Cr ₹46.94 Cr
Project Service ₹51.7 Lakh ₹4.91 Lakh ₹21.38 Cr ₹13.91 Lakh
Wind Power Generation ₹4.9 Lakh ₹33,000 ₹39.28 Lakh ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Consultancy and Training ₹47.47 Cr ₹3.61 Cr - -
Project Service ₹12.23 Cr ₹88.4 Lakh - -
Wind Power Generation ₹42.35 Lakh ₹13.21 Lakh - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Mitcon Consultancy & Engineering Services Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Mitcon Consultancy & Engineering Services Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 0.00%, foreign institutional investors hold 18.24%, domestic institutional investors hold 1.72%, retail and other public shareholders hold 75.33% of Mitcon Consultancy & Engineering Services Limited. The company had 5,328 shareholders on record.

DII (Domestic Institutional): 1.72%FII (Foreign Institutional): 18.24%Retail & Others: 75.33%Others: 4.71%
Mar 2026
QUARTER
1.72% DII (Domestic Institutional)
18.24% FII (Foreign Institutional)
75.33% Retail & Others
4.71% Others
Public holding - history
Now 100.00% · Mar 2026High 100.00% · Mar 2016Low 100.00% · Mar 2016
99%99.3%99.5%99.8%100%Mar 2016Sep 2019Mar 2022Mar 2024Dec 2025Mar 2016: 100.00%Sep 2016: 100.00%Mar 2017: 100.00%Sep 2017: 100.00%Mar 2018: 100.00%Sep 2018: 100.00%Mar 2019: 100.00%Aug 2019: 100.00%Sep 2019: 100.00%Mar 2020: 100.00%Sep 2020: 100.00%Dec 2020: 100.00%Mar 2021: 100.00%Jun 2021: 100.00%Sep 2021: 100.00%Dec 2021: 100.00%Mar 2022: 100.00%Jun 2022: 100.00%Sep 2022: 100.00%Dec 2022: 100.00%Mar 2023: 100.00%Jun 2023: 100.00%Sep 2023: 100.00%Dec 2023: 100.00%Mar 2024: 100.00%Jun 2024: 100.00%Sep 2024: 100.00%Dec 2024: 100.00%Mar 2025: 100.00%Jun 2025: 100.00%Jul 2025: 100.00%Sep 2025: 100.00%Dec 2025: 100.00%Mar 2026: 100.00%100.00%100.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jul 2025Jun 2025Mar 2025
Promoters0.00%0.00%0.00%0.00%0.00%0.00%
Public100.00%100.00%100.00%100.00%100.00%100.00%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00-

Board & Governance of Mitcon Consultancy & Engineering Services Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Mitcon Consultancy & Engineering Services Limited has 8 directors - 5 independent and 1 executive. The board is chaired by AJAY ARJUNLAL AGARWAL.

DirectorPositionOn board sinceListed boards
AJAY ARJUNLAL AGARWAL Non-Executive - Non Independent Director · Chairperson 2018-09-19 1
SUDARSHAN MOHATTA Non-Executive - Non Independent Director 2022-05-26 1
GAYATRI CHAITANYA CHINTHAPALLI Non-Executive - Independent Director 2021-10-20 1
ANAND SURYAKANT CHALWADE Executive Director 2018-09-19 1
SANJAY BALLAL PHADKE Non-Executive - Independent Director 2018-09-19 1
SHARADA KALATHUMANI SANKARARAMAN SUNDER Non-Executive - Independent Director 2024-08-23 2
PROMILA PREM KUMAR AGGARWAL Non-Executive - Independent Director 2024-08-23 1
MANJUNATH THYAGARAJ JYOTHINAGARA Non-Executive - Independent Director 2025-02-05 1
Board Committees
CommitteeMembers
Audit Committee GAYATRI CHAITANYA CHINTHAPALLI (Chairperson), AJAY ARJUNLAL AGARWAL, SANJAY BALLAL PHADKE, SHARADA KALATHUMANI SANKARARAMAN SUNDER, PROMILA PREM KUMAR AGGARWAL
Nomination and remuneration committee GAYATRI CHAITANYA CHINTHAPALLI (Chairperson), AJAY ARJUNLAL AGARWAL, PROMILA PREM KUMAR AGGARWAL
Stakeholders Relationship Committee AJAY ARJUNLAL AGARWAL, SANJAY BALLAL PHADKE, MANJUNATH THYAGARAJ JYOTHINAGARA

Group Structure of Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited has 15 subsidiary companies, 2 joint ventures, and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Mitcon Consultancy & Engineering Services Limited's business expansion strategy and organizational complexity.

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 -

Showing major subsidiaries. Total: 15.

Charges & Borrowings of Mitcon Consultancy & Engineering Services Limited

Open charges
₹69.88 Cr
Satisfied charges
₹185.92 Cr
Breakdown by lending institutions
Others₹44.66 Cr
Hdfc Bank Limited₹25.22 Cr
Latest charge details
DateLenderAmountStatus
06 Jul 2024 Others ₹5.36 Cr Open
30 Mar 2024 Others ₹4.8 Cr Open
03 Jan 2023 Hdfc Bank Limited ₹27.7 Lakh Open
16 Nov 2022 Others ₹5.5 Cr Open
20 May 2021 Others ₹22 Cr Open

Total charge records: 20 View all charges

Employees and EPFO Compliance at Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited has a workforce of 235 employees as of Mar 18, 2025.

Employee count
235
Active EPFO establishments
1
Employee growth
20.51%
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Employee and EPFO history for Mitcon Consultancy & Engineering Services Limited

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GST Compliance of Mitcon Consultancy & Engineering Services Limited

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Credit Ratings, Litigation & Regulatory Alerts for Mitcon Consultancy & Engineering Services Limited

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MSME Payment Delays by Mitcon Consultancy & Engineering Services Limited

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MSME payment history for Mitcon Consultancy & Engineering Services Limited

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Subsidiaries & Group Companies of Mitcon Consultancy & Engineering Services Limited

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Corporate group structure for Mitcon Consultancy & Engineering Services Limited

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MCA Filings & Documents of Mitcon Consultancy & Engineering Services Limited

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Recent Activity on Mitcon Consultancy & Engineering Services Limited

Directors
29 Apr 2026
Prakash Dhundiraj Vaidya was appointed as a Director on 29 Apr 2026 & has been associated with this company since 3 months 17 days.
Charges
04 Apr 2026
A charge with Others of Rs. 5.36 Cr registered on 06 Jul 2024 with Charge ID 100950998 was modified on 04 Apr 2026.
Activity
26 Sep 2025
Mitcon Consultancy & Engineering Services Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
05 Jul 2025
A charge registered on 20 Aug 2020 via Charge ID 100366359 with Hdfc Bank Limited was fully satisfied on 05 Jul 2025.
Charges
12 Jun 2025
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.
Activity
31 Mar 2025
Mitcon Consultancy & Engineering Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.

Frequently Asked Questions about Mitcon Consultancy & Engineering Services Limited

Mitcon Consultancy & Engineering Services Limited is an active public limited company in the business outsourcing sector based in Pune, Maharashtra, India. It was incorporated on 16 April 1982 (44+ years old) and is registered under CIN L74140PN1982PLC026933. Listed on NSE: MITCON. The company has 235 employees.

Mitcon Consultancy & Engineering Services Limited reported revenue of ₹125.67 Cr for FY 2026 (up 11.5% YoY) based on consolidated NSE filings.

The current directors of Mitcon Consultancy & Engineering Services Limited are:

The primary industry of Mitcon Consultancy & Engineering Services Limited is business outsourcing. The company specifically operates in business and IT consulting. The company is currently active in this sector.

Yes. Mitcon Consultancy & Engineering Services Limited is listed on NSE with symbol MITCON.

Mitcon Consultancy & Engineering Services Limited can be reached at the registered office: Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005, or through the website mitconindia.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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