
About MV Clouds Private Limited
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MV Clouds Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC092259. Its GSTIN is 24AAKCM3574A1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dharmik Vijaykumar Shah and Vijaykumar Kantilal Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.76 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹21.5 Lakh (net margin 7.8%) and EBITDA of ₹37.37 Lakh (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 43% over five years.
The company is associated with 1 brand: MV Clouds.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mvclouds.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD/404 4th Floor Block No. D The First Commercial Complex, B/S Keshavbaug Party Plot B/H Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
- 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 MV Clouds Private Limited
The main business activity of MV Clouds 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 MV Clouds Private Limited FY 2025 filings available
MV Clouds Private Limited reported revenue of ₹2.76 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MV Clouds Private Limited
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA fell 33% 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 MV Clouds 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 | ₹37.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.5 Lakh | •••• | •••• | •••• | •••• |
| 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 MV Clouds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 MV Clouds are in the company report.
Financial statements from FY 2017
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 MV Clouds Private Limited
MV Clouds Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ubitech Solutions Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Gwalior, Madhya Pradesh, India |
| Cirrologix Technologies Private Limited | ₹2.77 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Medontech Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Xbreyins India Private Limited | ₹2.76 Cr (FY 2024) | •••• | •••• | 469.0% | •••• | Hyderabad, Telangana, India |
| Easyway Technologies Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Secunderabad, Telangana, India |
| MV Clouds Private Limited this company | ₹2.76 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Ahmedabad, Gujarat, India |
| Hex Wireless Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Vadodara, Gujarat, India |
| Phenomtec Solutions Private Limited | ₹2.75 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Kochi, Kerala, India |
| Indianappguy Tech Private Limited | ₹2.74 Cr (FY 2025) | •••• | •••• | 138.0% | •••• | Nowgong, Madhya Pradesh, India |
| Icube Logics (India) Private Limited | ₹2.74 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Hyderabad, Telangana, India |
| Adhi Software Private Limited | ₹2.74 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Siruseri, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below MV Clouds by revenue in the Information Technology industry (Application Development), 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 MV Clouds Private Limited
MV Clouds Private Limited is audited by KIRAN & PRADIP ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRAN & PRADIP 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 MV Clouds Private Limited
MV Clouds has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmik Vijaykumar Shah | Director | 31 May 2016 | 10 Years 4 Months | Current |
| Vijaykumar Kantilal Shah | Director | 31 May 2016 | 10 Years 4 Months | Current |
| Maitri Dharmik Shah | Director | 03 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of MV Clouds 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 MV Clouds Private Limited
MV Clouds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with MV Clouds Private Limited
MV Clouds operates one associated brand: MV Clouds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Focuses on application development for custom software solutions. | mvclouds.com |
Employees and EPFO Compliance at MV Clouds Private Limited
Employment history and EPFO contributions of people linked to MV Clouds.
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 MV Clouds Private Limited
MV Clouds Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Maitri Dharmik Shah ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for MV Clouds 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 MV Clouds 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 MV Clouds 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 MV Clouds Private Limited
MV Clouds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM3574A1ZP | Gujarat | Active | 22 Nov 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 MV Clouds 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 MV Clouds Private Limited
MV Clouds is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 May 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC092259.
MV Clouds reported revenue of ₹2.76 Cr for FY 2025 (down 25% YoY).
MV Clouds has 3 current directors:
- Dharmik Vijaykumar Shah - Director
- Vijaykumar Kantilal Shah - Director
- Maitri Dharmik Shah - Director
MV Clouds reported a net profit of ₹21.5 Lakh (net margin 7.8%) and EBITDA of ₹37.37 Lakh (EBITDA margin 13.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MV Clouds is 13% over three years and 43% over five years. In the latest year (FY 2025) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MV Clouds is 24AAKCM3574A1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of MV Clouds is U74999GJ2016PTC092259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MV Clouds was incorporated on 31 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of MV Clouds by revenue are Ubitech Solutions Private Limited, Cirrologix Technologies Private Limited, Medontech Private Limited, Xbreyins India Private Limited, Easyway Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Maitri Dharmik Shah ceased to be Additional Director on 29 Sep 2025. Maitri Dharmik Shah was appointed as Director on 03 Jul 2025. Dharmik Vijaykumar Shah was appointed as Director on 31 May 2016. MV Clouds has 4 board changes on record in total.
Yes, MV Clouds is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).