About Mylas Information Technologies Private Limited
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Mylas Information Technologies Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2015PTC096383. Its GSTIN is 37AAJCM6739N1ZN (Andhra Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sreedhar Mylavarapu and Ananthalakshmi Mylavarapu.
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 Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.39 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹4.39 Lakh (net margin -4.9%) and EBITDA of -₹34,727 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mylastech.com.
Company details
Contact details
Mylas Information Technologies Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is mylastech.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address47 – 11 – 16 Flat 805 7th Floor, Grand Palace Dwaraka Nagar, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Mylas Information Technologies 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
Business activity
The main business activity of Mylas Information Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Mylas Information Technologies Private Limited, buy the company report.
Financials of Mylas Information Technologies Private Limited
FY 2025 filings availableMylas Information Technologies Private Limited reported revenue of ₹89.39 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 97% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹34,727 | ||||
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| Net Profit (PAT) | -₹4.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -4.9% | ||||
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To see the full financial statements and ratios of Mylas Information Technologies Private Limited, buy the company report.
Board of directors of Mylas Information Technologies Private Limited
Mylas Information Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreedhar Mylavarapu | Director | 26 Mar 2015 | 11 Years 7 Months | Current |
| Ananthalakshmi Mylavarapu Also directs: Ready Shine Solutions Private Limited | Director | 26 Mar 2015 | 11 Years 7 Months | Current |
| Ashok Kumar Dora Mukella | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Peer comparison
Mylas Information Technologies Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kion Softech Private Limited | ₹89.47 Lakh (FY 2025) | -53.0% | Indore, Madhya Pradesh, India | |||
| Promostar Private Limited | ₹89.44 Lakh (FY 2025) | 235.0% | Delhi, India | |||
| Nspire Technologies Private Limited | ₹89.42 Lakh (FY 2025) | 9.0% | Nagpur, Maharashtra, India | |||
| Mylas Information Technologies Private Limitedthis company | ₹89.39 Lakh (FY 2025) | -₹4.39 Lakh | -4.9% | 6.0% | 17 | Visakhapatnam, Andhra Pradesh, India |
| Mecronium Technologies Private Limited | ₹89.39 Lakh (FY 2025) | 121.0% | Kalyan, Maharashtra, India |
To see the full peer comparison of Mylas Information Technologies Private Limited, buy the company report.
Auditor
Mylas Information Technologies Private Limited is audited by GORTI ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORTI ASSOCIATES | FY 2021 | 008543S |
Shareholding
The shareholding of Mylas Information Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Mylas Information Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mylas Information Technologies 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 Mylas Information Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mylas Information Technologies Private Limited has a workforce of 17 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Mylas Information Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCM6739N1ZN | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mylas Information Technologies Private Limited, buy the company report.
Recent activity
Mylas Information Technologies Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Ashok Kumar Dora Mukella was appointed as Director on 30 Sep 2024.
Frequently asked questions
Mylas Information Technologies is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 March 2015 (11+ years old) and is registered under CIN U72200AP2015PTC096383.
Mylas Information Technologies has 3 current directors:
- Sreedhar Mylavarapu - Director
- Ananthalakshmi Mylavarapu - Director
- Ashok Kumar Dora Mukella - Director
The latest financial statements of Mylas Information Technologies 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 2015 are in the company report.
The GSTIN of Mylas Information Technologies is 37AAJCM6739N1ZN, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Mylas Information Technologies is U72200AP2015PTC096383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mylas Information Technologies was incorporated on 26 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Mylas Information Technologies by revenue are Kion Softech Private Limited, Promostar Private Limited, Nspire Technologies Private Limited, Mecronium Technologies Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Ashok Kumar Dora Mukella was appointed as Director on 30 Sep 2024. Uma Devi Ramavarapu ceased to be Additional Director on 30 Sep 2022. Venkata Ramana Murty Mylavarapu ceased to be Director on 15 Apr 2022. Mylas Information Technologies has 5 board changes on record in total.
Mylas Information Technologies can be reached through the website mylastech.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Mylas Information Technologies is at 47 – 11 – 16 Flat 805 7th Floor, Grand Palace Dwaraka Nagar, Visakhapatnam, Andhra Pradesh, India – 530016.
Mylas Information Technologies operates in the information technology industry, in the IT consulting and support services segment.