About My Right Elucidate Private Limited
Data last updated:
My Right Elucidate Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 30 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017PTC117334. Its GSTIN is 33AALCM1698N1ZT (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arulselvi Dhanapalan and Lilly.
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 No.115 Villa No.5 Kurinji Street K.K.Nagar Peerkankaranai, Chennai, Tamil Nadu, India – 600063.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.13 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Lakh (net margin 3.9%) and EBITDA of ₹3.07 Lakh (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company is associated with 1 brand: My Right Solution. As per MCA filings, the company has open charges of ₹9 Lakh and satisfied charges of ₹9 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 myrightsolution.com.
Company details
Contact details
My Right Elucidate Private Limited's registered office is in Chennai, Tamil Nadu. Its website is myrightsolution.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.115 Villa No.5 Kurinji Street K.K.Nagar Peerkankaranai, Chennai, Tamil Nadu, India – 600063
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of My Right Elucidate Private Limited, buy the company report.
- 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
Brands
My Right Elucidate operates one associated brand: My Right Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Accounting, finance, and consulting services for individuals and corporates. | myrightsolution.com |
Business activity
The main business activity of My Right Elucidate is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of My Right Elucidate Private Limited, buy the company report.
Financials of My Right Elucidate Private Limited
FY 2025 filings availableMy Right Elucidate Private Limited reported revenue of ₹44.13 Lakh (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 10% growth in the latest year. EBITDA fell 15% 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
| 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 | ₹3.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.73 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 My Right Elucidate Private Limited, buy the company report.
Board of directors of My Right Elucidate Private Limited
My Right Elucidate has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arulselvi Dhanapalan | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
| Lilly | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
My Right Elucidate Private Limited is compared with the 6 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VMT Corporate Advisors Private Limited | ₹44.57 Lakh (FY 2025) | 22.0% | Gurgaon, Haryana, India | |||
| Accounting Farm Private Limited | ₹44.33 Lakh (FY 2024) | 421.0% | Ahmedabad, Gujarat, India | |||
| Rajiv Raju Consultancy Private Limited | ₹44.28 Lakh (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| My Right Elucidate Private Limitedthis company | ₹44.13 Lakh (FY 2024) | ₹1.73 Lakh | 3.9% | 10.0% | Chennai, Tamil Nadu, India | |
| SMSF Tax and Audit Services Private Limited | ₹43.99 Lakh (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Right Angle Management Services Private Limited | ₹43.92 Lakh (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| SSVS Consultancy Private Limited | ₹43.66 Lakh (FY 2025) | 3.0% | Hyderabad, Telangana, India |
To see the full peer comparison of My Right Elucidate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2021 | 100451221 | Hdfc Bank Limited | ₹9 Lakh | Satisfied |
To see the full charge records of My Right Elucidate Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving My Right Elucidate 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 My Right Elucidate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
My Right Elucidate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCM1698N1ZT | Tamil Nadu | Active | 21 Jun 2018 |
To see the full GST registrations and return filing status of My Right Elucidate Private Limited, buy the company report.
Recent activity
My Right Elucidate Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Velmurugan Ishwarya ceased to be Director on 20 Mar 2021.
Frequently asked questions
My Right Elucidate is an active private limited company based in Chennai, Tamil Nadu, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 30 June 2017 (9+ years old) and is registered under CIN U74999TN2017PTC117334.
My Right Elucidate has 2 current directors:
- Arulselvi Dhanapalan - Director
- Lilly - Director
The latest financial statements of My Right Elucidate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of My Right Elucidate is 33AALCM1698N1ZT, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of My Right Elucidate is U74999TN2017PTC117334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
My Right Elucidate was incorporated on 30 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of My Right Elucidate by revenue are VMT Corporate Advisors Private Limited, Accounting Farm Private Limited, Rajiv Raju Consultancy Private Limited, SMSF Tax and Audit Services Private Limited, Right Angle Management Services Private Limited and 1 more, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Velmurugan Ishwarya ceased to be Director on 20 Mar 2021. Arulselvi Dhanapalan was appointed as Director on 30 Jun 2017. Lilly was appointed as Director on 30 Jun 2017.
My Right Elucidate can be reached through the website myrightsolution.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of My Right Elucidate is at No.115 Villa No.5 Kurinji Street K.K.Nagar Peerkankaranai, Chennai, Tamil Nadu, India – 600063.
My Right Elucidate operates in the business outsourcing industry, in the accounting and financial analysis segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
