About Mjic Consultancy Private Limited
Data last updated:
Mjic Consultancy Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Maj Invest Holding A/S. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 18 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018FTC311995. Its GSTIN is 27AALCM9703E1ZB (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14 Cr. It is led by directors including Kartick Maheshwari and David Arturo Paradiso.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor Prudential Building Prudential IT Park Central Avenue Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.21 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 15.5%) and EBITDA of ₹1.93 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 12% over five years.
For more details, the company can be reached via its website tusharshri.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address3rd Floor Prudential Building Prudential IT Park Central Avenue Powai, Mumbai, Maharashtra, India – 400076
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Mjic Consultancy Private Limited
The main business activity of Mjic Consultancy is professional, scientific and technical. In detail, this covers management consultancy activities.
| 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mjic Consultancy Private Limited FY 2025 filings available
Mjic Consultancy Private Limited reported revenue of ₹9.21 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mjic Consultancy Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 12% 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 of Mjic Consultancy Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.93 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.42 Cr | •••• | •••• | •••• | •••• |
| 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 of Mjic Consultancy Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mjic Consultancy are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mjic Consultancy Private Limited
Mjic Consultancy Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Roseto Resolve Private Limited | ₹9.24 Cr (FY 2024) | •••• | •••• | 413.0% | •••• | Thane, Maharashtra, India |
| Fincana Solutions Private Limited | ₹9.24 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Kanpur, Uttar Pradesh, India |
| Wall Street IT Consulting Services (India) Private Limited | ₹9.22 Cr (FY 2025) | •••• | •••• | 951.0% | •••• | Hyderabad, Telangana, India |
| The Brand Brewery Private Limited | ₹9.22 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Intelnet IT Solutions Private Limited | ₹9.21 Cr (FY 2021) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Mjic Consultancy Private Limited this company | ₹9.21 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Schrill Consulting Services India Private Limited | ₹9.2 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Coheron Wealth Private Limited | ₹9.19 Cr (FY 2025) | •••• | •••• | 287.0% | •••• | Mumbai, Maharashtra, India |
| Efficax Engineers Private Limited | ₹9.19 Cr (FY 2020) | •••• | •••• | 53.0% | •••• | Noida, Uttar Pradesh, India |
| Wellcare Business Solutions Private Limited | ₹9.18 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Sculpt Engineering Private Limited | ₹9.17 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Thiruchirapalli, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Mjic Consultancy by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mjic Consultancy Private Limited
Mjic Consultancy Private Limited is audited by V S DASTUR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V S DASTUR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mjic Consultancy Private Limited
Mjic Consultancy has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartick Maheshwari Also directs: LPL Global Business Services LLP, JSW Infrastructure Limited, Pradeep Metals Limited and 3 more | Director | 03 Oct 2018 | 8 Years 0 Months | Current |
| David Arturo Paradiso Also directs: Epimoney Private Limited | Director | 18 Jul 2018 | 8 Years 2 Months | Current |
| Karina Isabel Alva Alfaro Also directs: Arohan Financial Services Limited, Sub-K Impact Solutions Limited | Additional Director | 28 May 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Mjic Consultancy Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mjic Consultancy Private Limited
Mjic Consultancy Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mjic Consultancy Private Limited
Employment history and EPFO contributions of people linked to Mjic Consultancy.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mjic Consultancy Private Limited
Mjic Consultancy Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Karina Isabel Alva Alfaro was appointed as Additional Director on 28 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Mjic Consultancy Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mjic Consultancy Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mjic Consultancy Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mjic Consultancy Private Limited
Mjic Consultancy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM9703E1ZB | Maharashtra | Active | 01 Feb 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mjic Consultancy Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mjic Consultancy Private Limited
Mjic Consultancy is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 18 July 2018 (8+ years old) and is registered under CIN U74999MH2018FTC311995.
Mjic Consultancy reported revenue of ₹9.21 Cr for FY 2025 (up 13% YoY).
Mjic Consultancy has 3 current directors:
- Kartick Maheshwari - Director
- David Arturo Paradiso - Director
- Karina Isabel Alva Alfaro - Additional Director
Mjic Consultancy reported a net profit of ₹1.42 Cr (net margin 15.5%) and EBITDA of ₹1.93 Cr (EBITDA margin 20.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mjic Consultancy is 14% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mjic Consultancy is 27AALCM9703E1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mjic Consultancy is U74999MH2018FTC311995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mjic Consultancy was incorporated on 18 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mjic Consultancy by revenue are Roseto Resolve Private Limited, Fincana Solutions Private Limited, Wall Street IT Consulting Services (India) Private Limited, The Brand Brewery Private Limited, Intelnet IT Solutions Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Karina Isabel Alva Alfaro was appointed as Additional Director on 28 May 2025. Kasper Svarrer ceased to be Director on 10 Sep 2024. David Arturo Paradiso ceased to be Director on 24 Mar 2020. Mjic Consultancy has 7 board changes on record in total.
Mjic Consultancy can be reached through the website tusharshri.com. Its registered office is in Mumbai, Maharashtra, India.