About Mtek Sourcing Private Limited
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Mtek Sourcing Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 11 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2020PTC142150. Its GSTIN is 29AAOCM1188L1ZQ (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors John Martin Deas and Ankit Daftary.
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 Grand Majestic Mall No – 403 4th Floor 2nd Cross 6th Main Gandhinagar, Bangalore, Karnataka, India – 560009.
As per the financials filed for FY 2023, the company reported a revenue of ₹60.71 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net loss of ₹18,893 (net margin -0.3%) and EBITDA of ₹25,303 (EBITDA margin 0.4%).
For more details, the company can be reached via its website mteksourcing.com.
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- Registered AddressGrand Majestic Mall No – 403 4th Floor 2nd Cross 6th Main Gandhinagar, Bangalore, Karnataka, India – 560009
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Mtek Sourcing Private Limited
The main business activities of Mtek Sourcing are trade, support service to organizations and transport and storage. In detail, this covers wholesale trading, other support services to organizations and services incidental to land, water & air transportation. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 Mtek Sourcing Private Limited FY 2025 filings available
Mtek Sourcing Private Limited reported revenue of ₹60.71 Lakh (up 44% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mtek Sourcing Private Limited
Revenue rose 44% in the latest year. EBITDA rose 153% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mtek Sourcing Private Limited
| Metrics | 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 | ₹25,303 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18,893 | •••• | •••• |
| 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 Mtek Sourcing Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.4% | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• |
| 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 Mtek Sourcing are in the company report.
Financial statements from FY 2021
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 Mtek Sourcing Private Limited
Mtek Sourcing Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhriya Global Solutions Private Limited | ₹61.25 Lakh (FY 2024) | •••• | •••• | •••• | Vasai, Maharashtra, India | |
| Krishnakarma Engineering Works Private Limited | ₹61.11 Lakh (FY 2021) | •••• | •••• | 4.0% | •••• | Thane, Maharashtra, India |
| Anadix Technologies Private Limited | ₹61.08 Lakh (FY 2025) | •••• | •••• | 156.0% | •••• | Chennai, Tamil Nadu, India |
| MPL Forging Private Limited | ₹60.95 Lakh (FY 2021) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Ghai Mining Tools Company Private Limited | ₹60.94 Lakh (FY 2024) | •••• | •••• | -95.0% | •••• | New Delhi, Delhi, India |
| Mtek Sourcing Private Limited this company | ₹60.71 Lakh (FY 2023) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Mahalaxmi Fasteners Private Limited | ₹60.43 Lakh (FY 2024) | •••• | •••• | 2945.0% | •••• | Purandar, Maharashtra, India |
| Devendra Machinery and Fabricators Private Limited | ₹60.39 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Concept Sign Solution Private Limited | ₹60.08 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Valsad, Gujarat, India |
| KDK Steel Industries Private Limited | ₹59.77 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Ludhiana, Punjab, India |
| Intjr Precision Technology Private Limited | ₹59.64 Lakh (FY 2025) | •••• | •••• | 240.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Mtek Sourcing by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Mtek Sourcing Private Limited
Mtek Sourcing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| John Martin Deas | Director | 11 Dec 2020 | 5 Years 9 Months | Current |
| Ankit Daftary Also directs: Zastata Solutions Private Limited | Director | 11 Dec 2020 | 5 Years 9 Months | Current |
Charges & Borrowings of Mtek Sourcing Private Limited
Mtek Sourcing Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mtek Sourcing Private Limited
Employment history and EPFO contributions of people linked to Mtek Sourcing.
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 Mtek Sourcing Private Limited
Mtek Sourcing Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ankit Daftary was appointed as Director on 11 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Mtek Sourcing 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 Mtek Sourcing 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 Mtek Sourcing 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 Mtek Sourcing Private Limited
Mtek Sourcing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM1188L1ZQ | Karnataka | Active | 03 Feb 2021 |
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 Mtek Sourcing 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 Mtek Sourcing Private Limited
Mtek Sourcing is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 11 December 2020 (6+ years old) and is registered under CIN U51909KA2020PTC142150.
Mtek Sourcing reported revenue of ₹60.71 Lakh for FY 2023 (up 44% YoY).
Mtek Sourcing has 2 current directors:
- John Martin Deas - Director
- Ankit Daftary - Director
Mtek Sourcing reported a net loss of ₹18,893 (net margin -0.3%) and EBITDA of ₹25,303 (EBITDA margin 0.4%) for FY 2023, as per its filed financial statements.
The GSTIN of Mtek Sourcing is 29AAOCM1188L1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Mtek Sourcing is U51909KA2020PTC142150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mtek Sourcing was incorporated on 11 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mtek Sourcing by revenue are Dhriya Global Solutions Private Limited, Krishnakarma Engineering Works Private Limited, Anadix Technologies Private Limited, MPL Forging Private Limited, Ghai Mining Tools Company Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Ankit Daftary was appointed as Director on 11 Dec 2020. John Martin Deas was appointed as Director on 11 Dec 2020.
Yes, Mtek Sourcing is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mtek Sourcing can be reached through the website mteksourcing.com. Its registered office is in Bangalore, Karnataka, India.