Moveworks Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2020PTC139908 Incorporated 17 October 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹63.9 Cr
▲ 65% YoY
Net profit · FY 2025
₹3.45 Cr
Net margin 5.4%
EBITDA · FY 2025
₹6.17 Cr
EBITDA margin 9.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
57
Provident fund records
Directors on board
2
As per MCA filings

About Moveworks Private Limited

Data last updated:

Moveworks Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Moveworks Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 October 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC139908. Its GSTIN is 29AANCM9214E1Z7 (Karnataka).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors Sumeet Mathur and Elisabeth Claire Loew.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Pebble Beach Embassy Golf Links Business Park Challaghatta, Bangalore, Karnataka, India – 560071.

As per the financials filed for FY 2025, the company reported a revenue of ₹63.9 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹3.45 Cr (net margin 5.4%) and EBITDA of ₹6.17 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years.

The company has about 57 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Moveworks. The company has 1 deal on record (1 secondary share transfer); the latest was in February 2021. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Turnitin India Private Limited with revenue of ₹64.69 Cr.

For more details, the company can be reached via its website moveworks.com.

Company details

CIN U72900KA2020PTC139908
Registration Number 139908
Incorporation Date 17 October 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Moveworks Inc

Contact details

Moveworks Private Limited's registered office is in Bangalore, Karnataka. Its website is moveworks.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    4th Floor Pebble Beach Embassy Golf Links Business Park Challaghatta, Bangalore, Karnataka, India – 560071
  • Industry
    Information Technology, IT Consulting & Support Services

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

Comprehensive company report
Moveworks 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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Brands

Moveworks operates one associated brand: Moveworks. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud based platform for employee communicationmoveworks.com

Business activity

The main business activity of Moveworks is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

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

Financials of Moveworks Private Limited

FY 2025 filings available

Moveworks Private Limited reported revenue of ₹63.9 Cr (up 65% YoY) for FY 2025.

Revenue · FY 2025
₹63.9 Cr ▲ 65%
Net profit · FY 2025
₹3.45 Cr margin 5.4%
EBITDA · FY 2025
₹6.17 Cr margin 9.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 87%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 83%

Revenue has grown at a compounded annual rate (CAGR) of 87% over three years, including 65% growth in the latest year. EBITDA rose 47% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹6.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.45 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.7%
Net Profit Margin5.4%
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 Moveworks Private Limited, buy the company report.

Board of directors of Moveworks Private Limited

Moveworks has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sumeet MathurAdditional Director15 Dec 20250 Years 10 MonthsCurrent
Elisabeth Claire LoewAdditional Director15 Dec 20250 Years 10 MonthsCurrent

Peer comparison

Moveworks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Turnitin India Private Limited₹64.69 Cr (FY 2024)25.0%New Delhi, Delhi, India
Cleo Software India Private Limited₹64.6 Cr (FY 2025)37.0%Bangalore, Karnataka, India
Algorithms Software Pvt.Ltd.₹64.53 Cr (FY 2025)50.0%Mumbai, Maharashtra, India
Igefi Software India Private Limited₹64.08 Cr (FY 2017)9.0%Chennai, Tamil Nadu, India
Cloudside Technologies Private Limited₹63.95 Cr (FY 2025)121.0%Bengaluru, Karnataka, India
Moveworks Private Limitedthis company₹63.9 Cr (FY 2025)₹3.45 Cr5.4%65.0%57Bangalore, Karnataka, India
Enterprise System Solutions Private Limited₹63.8 Cr (FY 2025)4.0%Bhubaneswar, Odisha, India
Shaurya Technosoft Private Limited₹63.74 Cr (FY 2025)9.0%Pune, Maharashtra, India
Technumen Systems Private Limited₹63.6 Cr (FY 2023)2.0%Hyderabad, Telangana, India
MRCC Transformation Solutions Private Limited₹63.48 Cr (FY 2025)-11.0%New Delhi, Delhi, India
Monarch Technologies (Pune) Private Limited₹63.28 Cr (FY 2025)7.0%Pune, Maharashtra, India

To see the full peer comparison of Moveworks Private Limited, buy the company report.

Auditor

Moveworks Private Limited is audited by Akash & Kishor for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Akash & KishorFY 2023016333S

Shareholding

The shareholding of Moveworks Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Deals & funding

Moveworks Private Limited has 1 deal on record (1 secondary share transfer); the latest was in February 2021.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2021Secondary share transferUndisclosedBuyer: Moveworks INC & Mihir Deepak Gore, Moveworks INC
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Moveworks Private Limited has a workforce of 57 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
57
Active EPFO establishments
1
Employee growth
83.87%

GST

Moveworks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AANCM9214E1Z7KarnatakaActive01 Dec 2020

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

Recent activity

Moveworks Private Limited has 15 board changes on record since 2020: 8 appointments and 7 cessations. The latest: Bhavin Nicholas Shah ceased to be Director on 15 Dec 2025.

Ceased
Bhavin Nicholas Shah ceased to be Director.
Appointed
Elisabeth Claire Loew was appointed as Additional Director.
Appointed
Sumeet Mathur was appointed as Additional Director.
Ceased
Vaibhav Vivek Nivargi ceased to be Director.
Ceased
Varun Singh ceased to be Director.
AGM
Moveworks Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Moveworks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Mayank Khanwalker ceased to be Additional Director.
Ceased
Mihir Deepak Gore ceased to be Director.
Ceased
Sannidhi Purushotham ceased to be Director.
Ceased
Srilakshmi Purushotham ceased to be Director.
Appointed
Bhavin Nicholas Shah was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Moveworks is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 October 2020 (6+ years old) and is registered under CIN U72900KA2020PTC139908.

Moveworks has 2 current directors:

The latest financial statements of Moveworks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Moveworks is 29AANCM9214E1Z7, registered in Karnataka.

The CIN (Corporate Identification Number) of Moveworks is U72900KA2020PTC139908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Moveworks was incorporated on 17 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Moveworks has 1 deal on record (1 secondary share transfer); the latest was in February 2021.

The peers of Moveworks by revenue are Turnitin India Private Limited, Cleo Software India Private Limited, Algorithms Software Pvt.Ltd, Igefi Software India Private Limited, Cloudside Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Bhavin Nicholas Shah ceased to be Director on 15 Dec 2025. Elisabeth Claire Loew was appointed as Additional Director on 15 Dec 2025. Sumeet Mathur was appointed as Additional Director on 15 Dec 2025. Moveworks has 15 board changes on record in total.

Moveworks can be reached through the website moveworks.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Moveworks is at 4th Floor Pebble Beach Embassy Golf Links Business Park Challaghatta, Bangalore, Karnataka, India – 560071.