Myk Engineers Power Solutions Private Limited

Myk Engineers Power Solutions Private Limited - energy and power in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U74999UP2017PTC098416 Incorporated 07 November 2017 ROC Kanpur HQ Noida, Uttar Pradesh, India
Active Private Limited Company energy and power Startup India MSME · Micro
Data last updated
Revenue · FY 2024
₹14.42 Lakh
▼ 37% YoY
Net loss · FY 2024
₹7.35 Lakh
Net margin -51%
EBITDA · FY 2024
-₹6.51 Lakh
EBITDA margin -45.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
2
Provident fund records

About Myk Engineers Power Solutions Private Limited

Data last updated:

Myk Engineers Power Solutions Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 07 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2017PTC098416. Its GSTIN is 09AALCM4291K1ZV (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kanchankumari Devendra Shrivastava and Devendra Shrivastava.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at N 368 Sec 25, Noida, Uttar Pradesh, India – 201301.

As per the financials filed for FY 2024, the company reported a revenue of ₹14.42 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹7.35 Lakh (net margin -51%) and EBITDA of -₹6.51 Lakh (EBITDA margin -45.1%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 30% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.5 Lakh on record.

Myk Engineers Power Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0004081). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mykengineers.com.

Company details

CIN U74999UP2017PTC098416
Registration Number 098416
Incorporation Date 07 November 2017
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0004081

Recognitions & Rankings of Myk Engineers Power Solutions

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-UP-28-0004081

Contact details

Myk Engineers Power Solutions Private Limited's registered office is in Noida, Uttar Pradesh. Its website is mykengineers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    N 368 Sec 25, Noida, Uttar Pradesh, India – 201301
  • Industry
    Energy and Power, BoP & BTG Services, Power EPC

To see the full contact details of Myk Engineers Power Solutions Private Limited, buy the company report.

Comprehensive company report
Myk Engineers Power Solutions 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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Business activity

The main business activity of Myk Engineers Power Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Myk Engineers Power Solutions Private Limited, buy the company report.

Financials of Myk Engineers Power Solutions Private Limited

FY 2024 filings available

Myk Engineers Power Solutions Private Limited reported revenue of ₹14.42 Lakh (down 37% YoY) for FY 2024.

Revenue · FY 2024
₹14.42 Lakh ▼ 37%
Net loss · FY 2024
₹7.35 Lakh margin -51%
EBITDA · FY 2024
-₹6.51 Lakh margin -45.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 38%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 588%
3 years · compounded
▼ 78%
5 years · compounded
▼ 28%

Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 37% fall in the latest year. EBITDA fell 588% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹6.51 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.35 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-45.1%
Net Profit Margin-51%
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 Myk Engineers Power Solutions Private Limited, buy the company report.

Board of directors of Myk Engineers Power Solutions Private Limited

Myk Engineers Power Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kanchankumari Devendra ShrivastavaDirector07 Nov 20178 Years 11 MonthsCurrent
Devendra ShrivastavaDirector07 Nov 20178 Years 11 MonthsCurrent

Auditor

Myk Engineers Power Solutions Private Limited is audited by S H A & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
S H A & ASSOCIATESFY 2021017649C

Shareholding

The shareholding of Myk Engineers Power Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Myk Engineers Power Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jun 2019100296444Others₹3.5 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Myk Engineers Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Myk Engineers Power Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AALCM4291K1ZVUttar PradeshActive08 Nov 2017

To see the full GST registrations and return filing status of Myk Engineers Power Solutions Private Limited, buy the company report.

Recent activity

Myk Engineers Power Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Sanjay Kumar ceased to be Director on 06 Jul 2018.

AGM
Myk Engineers Power Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Myk Engineers Power Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 3.50 Lakh with Charge ID 100296444 was registered on 05 Jun 2019.
Ceased
Sanjay Kumar ceased to be Director.
Appointed
Devendra Shrivastava was appointed as Director.
Appointed
Kanchankumari Devendra Shrivastava was appointed as Director.
Incorporation
07 Nov 2017
Myk Engineers Power Solutions Private Limited was registered on 07 Nov 2017 with Roc Kanpur & aged 8 years 11 months as per MCA records.

Frequently asked questions

Myk Engineers Power Solutions is an active private limited company based in Noida, Uttar Pradesh, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 07 November 2017 (9+ years old) and is registered under CIN U74999UP2017PTC098416.

Myk Engineers Power Solutions has 2 current directors:

The latest financial statements of Myk Engineers Power Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Myk Engineers Power Solutions is 09AALCM4291K1ZV, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Myk Engineers Power Solutions is U74999UP2017PTC098416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Myk Engineers Power Solutions was incorporated on 07 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.

Sanjay Kumar ceased to be Director on 06 Jul 2018. Devendra Shrivastava was appointed as Director on 07 Nov 2017. Kanchankumari Devendra Shrivastava was appointed as Director on 07 Nov 2017.

Yes, Myk Engineers Power Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Myk Engineers Power Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0004081).

Myk Engineers Power Solutions can be reached through the website mykengineers.com. Its registered office is in Noida, Uttar Pradesh, India.