About Mplify Tech Services Private Limited
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Mplify Tech Services Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 21 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2015PTC085460. Its GSTIN is 24AAKCM0907H1ZO (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arunaben Rajendrabhai Udani and Ushma Rajendrabhai Udani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gandhinagar, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.06 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Cr (net margin 34.7%) and EBITDA of ₹2.91 Cr (EBITDA margin 48.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mplifytech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. – 323 Siddhraj Zori Nr. Sargasan Cros Road Village: – Sargasa, N, Gandhinagar, Gujarat, India – 382421
- IndustryInformation Technology, Software Development & Support 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 Mplify Tech Services Private Limited
The main business activity of Mplify Tech Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Mplify Tech Services Private Limited FY 2024 filings available
Mplify Tech Services Private Limited reported revenue of ₹6.06 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mplify Tech Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 6% growth in the latest year. EBITDA rose 28% 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 Mplify Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.91 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.1 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 Mplify Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 34.7% | •••• | •••• | •••• | •••• |
| 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 Mplify Tech Services are in the company report.
Financial statements from FY 2016
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 Mplify Tech Services Private Limited
Mplify Tech Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perleybrook Labs Private Limited | •••• | •••• | •••• | •••• | - | Palakkad, Kerala, India |
| Keystone Automation Solutions Private Limited | •••• | •••• | •••• | •••• | 34 | Chennai, Tamil Nadu, India |
| Test Triangle Software Services Private Limited | •••• | •••• | •••• | •••• | 80 | Hyderaba, Telangana, India |
| Optimworks Technologies Private Limited | •••• | •••• | •••• | •••• | 44 | Shaikpet, Telangana, India |
| Fulfillment Software Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Mplify Tech Services Private Limited this company | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Ascendia Technology Solutions (India) Private Limited | •••• | •••• | •••• | •••• | 60 | Hyderabad, Telangana, India |
| Veniso Solutions Private Limited | •••• | •••• | •••• | •••• | 20 | Madhapur, Telangana, India |
| Innotion Technologies Private Limited | •••• | •••• | •••• | •••• | 45 | Delhi, India |
| Amazon IT Services (India) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Rasilant Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mplify Tech Services by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mplify Tech Services Private Limited
Mplify Tech Services Private Limited is audited by BRIJESH THAKAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BRIJESH THAKAR & ASSOCIATES | 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 Mplify Tech Services Private Limited
Mplify Tech Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunaben Rajendrabhai Udani | Director | 21 Dec 2015 | 10 Years 9 Months | Current |
| Ushma Rajendrabhai Udani | Director | 21 Dec 2015 | 10 Years 9 Months | Current |
Ownership and Shareholding of Mplify Tech Services 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 Mplify Tech Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2017 | Others | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mplify Tech Services Private Limited
Employment history and EPFO contributions of people linked to Mplify Tech Services.
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 Mplify Tech Services Private Limited
Mplify Tech Services Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Arunaben Rajendrabhai Udani was appointed as Director on 21 Dec 2015.
Credit Ratings, Litigation & Regulatory Alerts for Mplify Tech Services 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 Mplify Tech Services 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 Mplify Tech Services 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 Mplify Tech Services Private Limited
Mplify Tech Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM0907H1ZO | Gujarat | Active | 01 Jul 2017 |
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 Mplify Tech Services 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 Mplify Tech Services Private Limited
Mplify Tech Services is an active private limited company based in Gandhinagar, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 21 December 2015 (11+ years old) and is registered under CIN U72900GJ2015PTC085460.
Mplify Tech Services reported revenue of ₹6.06 Cr for FY 2024 (up 6% YoY).
Mplify Tech Services has 2 current directors:
- Arunaben Rajendrabhai Udani - Director
- Ushma Rajendrabhai Udani - Director
Mplify Tech Services reported a net profit of ₹2.1 Cr (net margin 34.7%) and EBITDA of ₹2.91 Cr (EBITDA margin 48.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mplify Tech Services is 4% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mplify Tech Services is 24AAKCM0907H1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Mplify Tech Services is U72900GJ2015PTC085460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mplify Tech Services was incorporated on 21 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mplify Tech Services by revenue are Perleybrook Labs Private Limited, Keystone Automation Solutions Private Limited, Test Triangle Software Services Private Limited, Optimworks Technologies Private Limited, Fulfillment Software Private Limited and 5 more, all in the Information Technology industry (Software Services).
Arunaben Rajendrabhai Udani was appointed as Director on 21 Dec 2015. Ushma Rajendrabhai Udani was appointed as Director on 21 Dec 2015.
Mplify Tech Services can be reached through the website mplifytech.com. Its registered office is in Gandhinagar, Gujarat, India.