About Motherson Technology Services Limited
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Motherson Technology Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Samvardhana Motherson International Limited. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 15 April 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1985PLC429692. Its GSTIN is 27AACCM3199B2ZJ (Maharashtra). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹142 Cr and a paid-up capital of ₹111.65 Cr. It was formerly known as Best Financiers Ltd. It is led by directors including Shunichiro Nishimura and Isao Asai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 705 C Wing One BKC G Block, Bandra Kurla Complex Bandra East Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,149.33 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹34.33 Cr (net margin 3%) and EBITDA of ₹85.64 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 22% over five years.
The company has about 2,300 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: MIND Offerings, Motherson and Motherson Technology Services. As per MCA filings, the company has open charges of ₹344 Cr and satisfied charges of ₹45 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 funding round); the latest was in March 2023. Its 5 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 3 smaller; the largest is Ge India Technology Centre Private Limited with revenue of ₹1,170.09 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website motherson.com.
Company details
CIN history
Motherson Technology Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67120MH1985PLC429692, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1985PLC429692 | Current |
| U67120DL1985PLC020695 | Previous |
| L67120DL1985PLC020695 | Previous |
Contact details
Motherson Technology Services Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressUnit 705 C Wing One BKC G Block, Bandra Kurla Complex Bandra East Mumbai, Maharashtra, India – 400051
- IndustryInformation Technology, Computer Programming, Consultancy
- 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
Brands
Motherson Technology Services operates multiple associated brands including MIND Offerings, Motherson, and Motherson Technology Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive IoT-based solutions for asset management and monitoring. | mind-infotech.com | |
| Electrical distribution systems and wiring harnesses for automobiles are manufactured. | motherson.com | |
| Technology solutions for business transformation are delivered globally. | mothersontechnology.com |
Business activity
The main business activities of Motherson Technology Services are information and communication and trade. In detail, this covers computer programming, consultancy and related activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Motherson Technology Services Limited, buy the company report.
Financials of Motherson Technology Services Limited
FY 2025 filings availableMotherson Technology Services Limited reported revenue of ₹1,149.33 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 20% growth in the latest year. EBITDA rose 314% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹85.64 Cr | ||||
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| Net Profit (PAT) | ₹34.33 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Motherson Technology Services Limited, buy the company report.
Board of directors of Motherson Technology Services Limited
Motherson Technology Services has 9 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shunichiro Nishimura | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
| Isao Asai | Director | 28 Sep 2023 | 3 Years 1 Months | Current |
| Ramesh Dhar Also directs: Samvardhana Motherson Adsys Tech Limited, Cim Tools Private Limited, Motherson Auto Limited and 5 more | Director | 17 Apr 2025 | 1 Years 6 Months | Current |
| Ravi Mathur | Director | 27 May 2024 | 2 Years 5 Months | Current |
| Rajesh Thakur | Manager | 24 Jun 2020 | 6 Years 4 Months | Current |
| Lata Unnikrishnan | Director | 10 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Motherson Technology Services Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ge India Technology Centre Private Limited | ₹1,170.09 Cr (FY 2016) | 12.0% | Whitefield Road, Bangalore, Karnataka, India | |||
| Brillio Technologies Private Limited | ₹1,165.3 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Motherson Technology Services Limitedthis company | ₹1,149.33 Cr (FY 2025) | ₹34.33 Cr | 3% | 20.0% | Mumbai, Maharashtra, India | |
| Kellton Tech Solutions Limited | ₹1,099.89 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Birlasoft (India) Limited | ₹1,047.17 Cr (FY 2018) | -7.0% | Mumbai, Maharashtra, India | |||
| Expleo Solutions Limited | ₹1,041 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Motherson Technology Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2025 | 101135722 | Hdfc Bank Limited | ₹230 Cr | Open | |
| 26 Dec 2022 | 100667585 | Others | ₹32 Cr | Open | |
| 13 Mar 2020 | 100347642 | Axis Bank Limited | ₹45 Cr | Open | |
| 11 Jul 2019 | 100278518 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 07 Mar 2001 | 90036408 | State Bank of India | ₹17 Cr | Open |
To see the full charge records of Motherson Technology Services Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Motherson Technology Services Limited has 1 deal on record (1 funding round); the latest was in March 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | Undisclosed | Investors: Samvardhana Motherson International Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Motherson Technology Services Limited has 3 court cases on record: 1 filed by Motherson Technology Services, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COMIP) | Filed against the company by Novex Communications Private Limited Dua Associates Aor | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by Novex Communications Private Limited Dua Associates Aor | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Deputy Commissioner of Income Tax Circle 16 1 New Delhi & Ors. | Disposed |
To see the full case history of Motherson Technology Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Motherson Technology Services Limited was last rated by Icra on 06 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Apr 2021 |
To see the full credit ratings and regulatory alerts of Motherson Technology Services Limited, buy the company report.
MSME payment delays
Motherson Technology Services Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Avf Distributors (India) Private Limited | |||
| 3R Infotech Private Limited | |||
| Waves Industrial Solution | |||
| Microgenesis Cadsoft Private Limited | |||
| Adroitec Engineering Solutions Private Limited |
To see the full MSME payment records of Motherson Technology Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Motherson Technology Services has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM3199B2ZJ | Maharashtra | Active | 18 Jun 2020 |
| 09AACCM3199B1ZI | Uttar Pradesh | Active | 01 Jul 2017 |
| 06AACCM3199B2ZN | Haryana | Active | 15 Jun 2020 |
| 24AACCM3199B1ZQ | Gujarat | Active | 13 Jul 2020 |
To see the full GST registrations and return filing status of Motherson Technology Services Limited, buy the company report.
Recent activity
Motherson Technology Services Limited has 31 board changes on record since 2001: 9 appointments and 22 cessations. The latest: Ramesh Dhar ceased to be Additional Director on 29 Sep 2025.
33 earlier events are in the company report.
News
Frequently asked questions
Motherson Technology Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 15 April 1985 (41+ years old) and is registered under CIN U67120MH1985PLC429692.
Motherson Technology Services has 9 current directors:
- Shunichiro Nishimura - Director
- Isao Asai - Director
- Ramesh Dhar - Director
- Ravi Mathur - Director
- Lata Unnikrishnan - Director
- Laksh Vaaman Sehgal - Director
- Yuichi Shimizu - Director
- Bimal Dhar - Director
- Rajesh Thakur - Manager
The latest financial statements of Motherson Technology Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Motherson Technology Services is 27AACCM3199B2ZJ, registered in Maharashtra. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 09AACCM3199B1ZI (Uttar Pradesh), 06AACCM3199B2ZN (Haryana), 24AACCM3199B1ZQ (Gujarat).
The CIN (Corporate Identification Number) of Motherson Technology Services is U67120MH1985PLC429692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Motherson Technology Services has 3 court cases on record: 1 filed by the company and 2 filed against it.
Motherson Technology Services was incorporated on 15 April 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Motherson Technology Services has 1 deal on record (1 funding round); the latest was in March 2023.
The peers of Motherson Technology Services by revenue are Ge India Technology Centre Private Limited, Brillio Technologies Private Limited, Kellton Tech Solutions Limited, Birlasoft (India) Limited, Expleo Solutions Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Ramesh Dhar ceased to be Additional Director on 29 Sep 2025. Ramesh Dhar was appointed as Director on 17 Apr 2025. Sanjay Kalia ceased to be Director on 31 Mar 2025. Motherson Technology Services has 31 board changes on record in total.
Motherson Technology Services has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 May 2019.
Motherson Technology Services can be reached through the website motherson.com. Its registered office is in Mumbai, Maharashtra, India.