About Mitcon Consultancy & Engineering Services Limited
Data last updated: 18 December 2025
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 U74140MH1982PLC026933. 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 Anand Suryakant Chalwade.
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 the financials filed for FY 2025, the company reported a revenue of ₹115.26 Cr, a decline of 13% compared to the previous year.
The company has a workforce of approximately 235 employees as per the latest available data.
The company is associated with 2 brands - Mitcon Training Institute, Mitcon Consultancy & Engineering Services. As per MCA filings, the company has open charges of ₹68.52 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.
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Social Media
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Registered AddressKubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005
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IndustryBusiness Outsourcing, Business & IT Consulting
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
|---|---|---|
| Consultancy and Engineering services to corporates | mitconindia.com | |
| 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
|
Solar energy projects are developed and operated by Lightsource BP. | Holborn, United Kingdom, United Kingdom | 2010 |
Fourth Partner Energy
|
On-grid and off-grid solar solutions and products are provided. | Hyderabad, India, India | 2010 |
Freyr Energy
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Solar energy projects are developed for residential and commercial applications. | Hyderabad, India, India | 2014 |
GREW
|
Provider of a range of solar products and services | Ahmedabad, India, India | 2022 |
Prozeal Green
|
Provider of solar EPC, IPP services, and battery energy storage systems | Ahmedabad, India, India | 2011 |
Mahindra Susten
|
Turnkey EPC services for solar power plants are provided. | Mumbai, India, India | 2010 |
Sterling And Wilson
|
EPC and MEP services are provided across diverse sectors. | Mumbai, India, India | 1927 |
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 | ********* |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | ********* |
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 10 directors, with 48 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Arjunlal Agarwal | Director | 19 Sep 2018 | 7 Years 9 Months | Current |
| Anand Suryakant Chalwade | Managing Director | 19 Sep 2018 | 7 Years 9 Months | Current |
|
Chaitanya Gayatri Chinthapalli
Also directs:
Ikshu Farms Llp, Gvpr Engineers Limited
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Director | 20 Oct 2021 | 4 Years 8 Months | Current |
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Sudarshan Mohatta
Also directs:
Smart Collaboration Llp, Alterstep Ventures Private Limited, Alterstep Technologies Private Limited and 1 more
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Director | 26 May 2022 | 4 Years 1 Months | Current |
|
Manjunath Thyagaraj Jyothinagar
Also directs:
Amjtech Ventures Llp, Uhp Technologies Private Limited, Kasfab Tools Private Limited and 3 more
|
Director | 05 Feb 2025 | 1 Years 5 Months | Current |
| Ram Dhondiba Mapari | Cfo | 30 May 2014 | 12 Years 1 Months | Current |
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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
| 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 |
| 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 |
| 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 |
| 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 | - | - |
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.
| Director | Position | On board since | Listed 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 |
| Committee | Members |
|---|---|
| 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 |
Charges & Borrowings of Mitcon Consultancy & Engineering Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2024 | Others | ₹4 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
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Employee Count & EPFO Data of Mitcon Consultancy & Engineering Services Limited
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GST Compliance of Mitcon Consultancy & Engineering Services Limited
GSTIN & GST Filing Data of Mitcon Consultancy & Engineering Services Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mitcon Consultancy & Engineering Services Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mitcon Consultancy & Engineering Services Limited
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MSME Payment Delays by Mitcon Consultancy & Engineering Services Limited
MSME Payment Delays by Mitcon Consultancy & Engineering Services Limited
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Subsidiaries & Group Companies of Mitcon Consultancy & Engineering Services Limited
Subsidiaries & Group Companies of Mitcon Consultancy & Engineering Services Limited
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MCA Filings & Documents of Mitcon Consultancy & Engineering Services Limited
MCA Filings & Documents of Mitcon Consultancy & Engineering Services Limited
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Recent Activity on Mitcon Consultancy & Engineering Services Limited
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 ₹115.26 Cr for FY 2025 (down 13.00% YoY).
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.