MJ Cites Private Limited - business outsourcing in Mandya, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2017PTC105768 Incorporated 22 August 2017 ROC Bangalore HQ Mandya, Karnataka, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2023
₹73.2 Lakh
▲ 43% YoY
Net profit · FY 2023
₹1.68 Lakh
Net margin 2.3%
EBITDA · FY 2023
₹2.19 Lakh
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About MJ Cites Private Limited

Data last updated:

MJ Cites Private Limited is a private limited company based in Mandya, Karnataka, India. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 22 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC105768. Its GSTIN is 29AALCM2792D1Z6 (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dyavegowda Vijaya Jnanesh and Mahesh Kumar Rachaiah.

Its last annual general meeting (AGM) was held on 31 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.2 2nd Floor Durga Plaza 12th Cross Gandhi Nagar, Mandya, Karnataka, India – 571401.

As per the financials filed for FY 2023, the company reported a revenue of ₹73.2 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Lakh (net margin 2.3%) and EBITDA of ₹2.19 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 23% over five years.

MJ Cites Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-21-0000138). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mj-cites.com.

Company details

CIN U72900KA2017PTC105768
Registration Number 105768
Incorporation Date 22 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-21-0000138

Recognitions & Rankings of MJ Cites

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-21-0000138

Contact details

MJ Cites Private Limited's registered office is in Mandya, Karnataka. Its website is mj-cites.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.2 2nd Floor Durga Plaza 12th Cross Gandhi Nagar, Mandya, Karnataka, India – 571401
  • Industry
    Business Outsourcing, Medical Transcription

To see the full contact details of MJ Cites Private Limited, buy the company report.

Comprehensive company report
MJ Cites Private 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
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Business activity

The main business activity of MJ Cites is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of MJ Cites Private Limited, buy the company report.

Financials of MJ Cites Private Limited

FY 2023 filings available

MJ Cites Private Limited reported revenue of ₹73.2 Lakh (up 43% YoY) for FY 2023.

Revenue · FY 2023
₹73.2 Lakh ▲ 43%
Net profit · FY 2023
₹1.68 Lakh margin 2.3%
EBITDA · FY 2023
₹2.19 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▼ 1%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 347%
3 years · compounded
▲ 9%
5 years · compounded
▲ 27%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 43% growth in the latest year. EBITDA rose 347% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.19 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.68 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3%
Net Profit Margin2.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of MJ Cites Private Limited, buy the company report.

Board of directors of MJ Cites Private Limited

MJ Cites has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dyavegowda Vijaya JnaneshDirector22 Aug 20179 Years 2 MonthsCurrent
Mahesh Kumar RachaiahDirector22 Aug 20179 Years 2 MonthsCurrent

Auditor

MJ Cites Private Limited is audited by NARESH M S & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
NARESH M S & ASSOCIATESFY 2019018525S

Shareholding

The shareholding of MJ Cites Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of MJ Cites Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for MJ Cites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

MJ Cites has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AALCM2792D1Z6KarnatakaActive26 Sep 2017

To see the full GST registrations and return filing status of MJ Cites Private Limited, buy the company report.

Recent activity

MJ Cites Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Dyavegowda Vijaya Jnanesh was appointed as Director on 22 Aug 2017.

AGM
Mj Cites Private Limited last Annual general meeting of members was held on 31 Dec 2023 as per latest MCA records.
Filing
Mj Cites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Dyavegowda Vijaya Jnanesh was appointed as Director.
Appointed
Mahesh Kumar Rachaiah was appointed as Director.
Incorporation
22 Aug 2017
Mj Cites Private Limited was registered on 22 Aug 2017 with Roc Bangalore & aged 9 years 2 months as per MCA records.

Frequently asked questions

MJ Cites is an active private limited company based in Mandya, Karnataka, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 22 August 2017 (9+ years old) and is registered under CIN U72900KA2017PTC105768.

MJ Cites has 2 current directors:

The latest financial statements of MJ Cites on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 December 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of MJ Cites is 29AALCM2792D1Z6, registered in Karnataka.

The CIN (Corporate Identification Number) of MJ Cites is U72900KA2017PTC105768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

MJ Cites was incorporated on 22 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Dyavegowda Vijaya Jnanesh was appointed as Director on 22 Aug 2017. Mahesh Kumar Rachaiah was appointed as Director on 22 Aug 2017.

Yes, MJ Cites is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-21-0000138).

MJ Cites can be reached through the website mj-cites.com. Its registered office is in Mandya, Karnataka, India.

The registered office of MJ Cites is at No.2 2nd Floor Durga Plaza 12th Cross Gandhi Nagar, Mandya, Karnataka, India – 571401.