Mutex Software Innovations Private Limited
About Mutex Software Innovations Private Limited
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Mutex Software Innovations Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2018PTC179005. Its GSTIN is 27AAMCM0922A1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashabai Kerappa Vyavhare and Vandana Sarode Vinayak.
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 Milkat No. 6/2836 Flat No Wagholi Tal – Haveli Dist 412207, Pune, Maharashtra, India – 412207.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.2 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹58,380 (net margin 2.4%) and EBITDA of ₹98,660 (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 46% over five years.
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- Registered AddressMilkat No. 6/2836 Flat No Wagholi Tal – Haveli Dist 412207, Pune, Maharashtra, India – 412207
- IndustryInformation Technology, IT Consulting & 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 Mutex Software Innovations Private Limited
The main business activity of Mutex Software Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related 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 Mutex Software Innovations Private Limited FY 2025 filings available
Mutex Software Innovations Private Limited reported revenue of ₹24.2 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mutex Software Innovations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 7% growth in the latest year. EBITDA rose 404% 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 Mutex Software Innovations 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 | ₹98,660 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹58,380 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mutex Software Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Mutex Software Innovations 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.
Board of Directors of Mutex Software Innovations Private Limited
Mutex Software Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashabai Kerappa Vyavhare | Director | 21 Sep 2018 | 8 Years 1 Months | Current |
| Vandana Sarode Vinayak | Director | 21 Sep 2018 | 8 Years 1 Months | Current |
Peer Comparison of Mutex Software Innovations Private Limited
Mutex Software Innovations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parko Urban Mobility Solutions Private Limited | ₹24.21 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Unsolved Tec Private Limited | ₹24.21 Lakh (FY 2021) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Metago Services Private Limited | ₹24.21 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Servsource Private Limited | ₹24.2 Lakh (FY 2024) | •••• | •••• | 486.0% | •••• | Mysore, Karnataka, India |
| Vdrivit Solutions Private Limited | ₹24.2 Lakh (FY 2023) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Mutex Software Innovations Private Limited this company | ₹24.2 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Silver Dollar Technologies Private Limited | ₹24.18 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sourceset Multimedia Private Limited | ₹24.18 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Crater Technologies Private Limited | ₹24.18 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Pune, Maharashtra, India |
| Trata Solutions Private Limited | ₹24.18 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Ecommnexus Media Private Limited | ₹24.17 Lakh (FY 2024) | •••• | •••• | -38.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mutex Software Innovations by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Mutex Software Innovations Private Limited
Mutex Software Innovations Private Limited is audited by VILAS DESHMUKH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VILAS DESHMUKH & 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.
Ownership and Shareholding of Mutex Software Innovations 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 Mutex Software Innovations Private Limited
Mutex Software Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mutex Software Innovations Private Limited
Employment history and EPFO contributions of people linked to Mutex Software Innovations.
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 Mutex Software Innovations Private Limited
Mutex Software Innovations Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ashabai Kerappa Vyavhare was appointed as Director on 21 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Mutex Software Innovations 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 Mutex Software Innovations 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 Mutex Software Innovations 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 Mutex Software Innovations Private Limited
Mutex Software Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM0922A1ZV | Maharashtra | Active | 27 Jan 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 Mutex Software Innovations 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 Mutex Software Innovations Private Limited
Mutex Software Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 September 2018 (8+ years old) and is registered under CIN U72200PN2018PTC179005.
Mutex Software Innovations reported revenue of ₹24.2 Lakh for FY 2025 (up 7% YoY).
Mutex Software Innovations has 2 current directors:
- Ashabai Kerappa Vyavhare - Director
- Vandana Sarode Vinayak - Director
Mutex Software Innovations reported a net profit of ₹58,380 (net margin 2.4%) and EBITDA of ₹98,660 (EBITDA margin 4.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mutex Software Innovations is 46% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mutex Software Innovations is 27AAMCM0922A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mutex Software Innovations is U72200PN2018PTC179005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mutex Software Innovations was incorporated on 21 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mutex Software Innovations by revenue are Parko Urban Mobility Solutions Private Limited, Unsolved Tec Private Limited, Metago Services Private Limited, Servsource Private Limited, Vdrivit Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ashabai Kerappa Vyavhare was appointed as Director on 21 Sep 2018. Vandana Sarode Vinayak was appointed as Director on 21 Sep 2018.
The registered office of Mutex Software Innovations is at Milkat No. 62836 Flat No Wagholi Tal – Haveli Dist 412207, Pune, Maharashtra, India – 412207.