- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-21-0000138

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
Recognitions & Rankings of MJ Cites
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
- Website
- Registered AddressNo.2 2nd Floor Durga Plaza 12th Cross Gandhi Nagar, Mandya, Karnataka, India – 571401
- IndustryBusiness Outsourcing, Medical Transcription
To see the full contact details of MJ Cites Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of MJ Cites is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data 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 availableMJ Cites Private Limited reported revenue of ₹73.2 Lakh (up 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
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| EBITDA | ₹2.19 Lakh | ||||
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| Net Profit (PAT) | ₹1.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 3% | ||||
| Net Profit Margin | 2.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dyavegowda Vijaya Jnanesh Also directs: JSL Sports Academy Private Limited | Director | 22 Aug 2017 | 9 Years 2 Months | Current |
| Mahesh Kumar Rachaiah | Director | 22 Aug 2017 | 9 Years 2 Months | Current |
Auditor
MJ Cites Private Limited is audited by NARESH M S & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARESH M S & ASSOCIATES | FY 2019 | 018525S |
Shareholding
The shareholding of MJ Cites Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of MJ Cites Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MJ Cites Private Limited are on our record; a case search with case numbers, parties and status is in the company report 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM2792D1Z6 | Karnataka | Active | 26 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.
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:
- Dyavegowda Vijaya Jnanesh - Director
- Mahesh Kumar Rachaiah - Director
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.