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MVG Innovations Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.26 Lakh
▼ 58% YoY
Net loss · FY 2023
₹4.55 Lakh
Net margin -360.6%
EBITDA · FY 2023
-₹4.55 Lakh
EBITDA margin -360.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About MVG Innovations Private Limited
Data last updated:
MVG Innovations Private Limited is a private limited company based in Hyderabad, Telangana, 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 14 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC139784. Its GSTIN is 36AANCM3828J1Z1 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Radhika Mukthavaram and Acharya Bharadwaj Muktavaram.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Pl.No – 202 – A & 203 – A F.No – 203 Gokarnika Residency Addagutta Society Kukatpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.26 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹4.55 Lakh (net margin -360.6%) and EBITDA of -₹4.55 Lakh (EBITDA margin -360.6%).
The company is associated with 1 brand: Mvg Innovations.
For more details, the company can be reached via its website mvg-innovations.com.
Company details
CIN U72900TG2020PTC139784
Registration Number 139784
Incorporation Date 14 March 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of MVG Innovations
Contact details
MVG Innovations Private Limited's registered office is in Hyderabad, Telangana. Its website is mvg-innovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPl.No – 202 – A & 203 – A F.No – 203 Gokarnika Residency Addagutta Society Kukatpally, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of MVG Innovations Private Limited, buy the company report.
Comprehensive company report
MVG Innovations 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
MVG Innovations operates one associated brand: Mvg Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive AI and IT services to clients. | mvg-innovations.com |
Business activity
The main business activity of MVG Innovations is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of MVG Innovations Private Limited, buy the company report.
Financials of MVG Innovations Private Limited
FY 2023 filings availableMVG Innovations Private Limited reported revenue of ₹1.26 Lakh (down 58% YoY) for FY 2023.
Revenue · FY 2023
₹1.26 Lakh ▼ 58%
Net loss · FY 2023
₹4.55 Lakh margin -360.6%
EBITDA · FY 2023
-₹4.55 Lakh margin -360.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 58%
EBITDA CAGR growth
1 year
▼ 500%
Revenue fell 58% in the latest year. EBITDA fell 500% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | -₹4.55 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.55 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -360.6% | |||
| Net Profit Margin | -360.6% | |||
| 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 MVG Innovations Private Limited, buy the company report.
Board of directors of MVG Innovations Private Limited
MVG Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhika Mukthavaram | Director | 14 Mar 2020 | 6 Years 7 Months | Current |
| Acharya Bharadwaj Muktavaram | Director | 14 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
MVG Innovations 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digimartech Solutions (OPC) Private Limited | ₹1.27 Lakh (FY 2025) | -17.0% | Delhi, India | |||
| Olive92 Studios Private Limited | ₹1.27 Lakh (FY 2016) | 82.0% | Pune, Maharashtra, India | |||
| SSSN Software Private Limited | ₹1.27 Lakh (FY 2021) | -28.0% | Coimbatore, Tamil Nadu, India | |||
| Anvayin Systems Private Limited | ₹1.26 Lakh (FY 2022) | -18.0% | Udumalpet, Tamil Nadu, India | |||
| Unm Broadband Service Private Limited | ₹1.26 Lakh (FY 2024) | 20844.0% | Duliajan, Assam, India | |||
| MVG Innovations Private Limitedthis company | ₹1.26 Lakh (FY 2023) | -₹4.55 Lakh | -360.6% | -58.0% | Hyderabad, Telangana, India | |
| SRT Softech Private Limited | ₹1.26 Lakh (FY 2022) | Bangalore, Karnataka, India | ||||
| Amost Infotech Private Limited | ₹1.26 Lakh (FY 2021) | -50.0% | Panchkula, Haryana, India | |||
| Cloudwhiz Digitech Global Ventures Private Limited | ₹1.26 Lakh (FY 2024) | Ernakulam, Kerala, India | ||||
| Webinnovators Technologies (OPC) Private Limited | ₹1.26 Lakh (FY 2025) | -59.0% | Murshidabad, West Bengal, India | |||
| Chitranu Technologies Private Limited | ₹1.26 Lakh (FY 2024) | 12.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of MVG Innovations Private Limited, buy the company report.
Auditor
MVG Innovations Private Limited is audited by ADY & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADY & CO. | FY 2022 | 025370N |
Shareholding
The shareholding of MVG Innovations Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of MVG Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MVG Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MVG Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MVG Innovations Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
MVG Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AANCM3828J1Z1 | Telangana | Active | 01 Oct 2020 |
To see the full GST registrations and return filing status of MVG Innovations Private Limited, buy the company report.
Recent activity
MVG Innovations Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Acharya Bharadwaj Muktavaram was appointed as Director on 14 Mar 2020.
AGM
Mvg Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Mvg Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Appointed
Acharya Bharadwaj Muktavaram was appointed as Director.
Appointed
Radhika Mukthavaram was appointed as Director.
Incorporation
14 Mar 2020
Mvg Innovations Private Limited was registered on 14 Mar 2020 with Roc Hyderabad & aged 6 years 7 months as per MCA records.
Frequently asked questions
MVG Innovations is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 March 2020 (6+ years old) and is registered under CIN U72900TG2020PTC139784.
MVG Innovations has 2 current directors:
- Radhika Mukthavaram - Director
- Acharya Bharadwaj Muktavaram - Director
The latest financial statements of MVG Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of MVG Innovations is 36AANCM3828J1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of MVG Innovations is U72900TG2020PTC139784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MVG Innovations was incorporated on 14 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of MVG Innovations by revenue are Digimartech Solutions (OPC) Private Limited, Olive92 Studios Private Limited, SSSN Software Private Limited, Anvayin Systems Private Limited, Unm Broadband Service Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Acharya Bharadwaj Muktavaram was appointed as Director on 14 Mar 2020. Radhika Mukthavaram was appointed as Director on 14 Mar 2020.
Yes, MVG Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
MVG Innovations can be reached through the website mvg-innovations.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of MVG Innovations is at Pl.No – 202 – A & 203 – A F.No – 203 Gokarnika Residency Addagutta Society Kukatpally, Hyderabad, Telangana, India – 500072.
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