About Myoworks Private Limited
Data last updated:
Myoworks Private Limited is a private limited company based in Nashik, Maharashtra, India, recognised as a startup by DPIIT. It operates in the other food products segment of the food and beverages sector. It was incorporated on 10 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15400MH2020PTC340490.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.14 Lakh. It is led by directors Shubhankar Satish Takle and Nihalsingh Kultaransingh Sachdeva.
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 Flat No.05 Krishnaratna Apartment Near Old Nmc Building New Pandit Colony, Nashik, Maharashtra, India – 422005.
As per the financials filed for FY 2024, the company reported a revenue of ₹6 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹88.26 Lakh and EBITDA of -₹1.13 Cr. Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The company is associated with 1 brand: MyoWorks. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in July 2022. Its 10 peer companies in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Figon Biotech Private Limited with revenue of ₹6.01 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myoworks.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No.05 Krishnaratna Apartment Near Old Nmc Building New Pandit Colony, Nashik, Maharashtra, India – 422005
- IndustryFood And Beverages, Other Food Products, Manufacturing
- 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 Myoworks Private Limited
The main business activity of Myoworks is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Myoworks Private Limited FY 2025 filings available
Myoworks Private Limited reported revenue of ₹6 Lakh (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Myoworks Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 89% fall in the latest year. EBITDA fell 81% 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 Myoworks Private Limited
| Metrics | 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 | -₹1.13 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹88.26 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 Myoworks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| 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 Myoworks are in the company report.
Financial statements from FY 2021
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 Myoworks Private Limited
Myoworks Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Figon Biotech Private Limited | ₹6.01 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Nagpur, Maharashtra, India |
| Recens Chemical Industries Pvt Ltd | ₹6.01 Lakh (FY 2017) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Sandro Bio Pharmaceuticals Private Limited | ₹6.01 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Shreyasvi Lifesciences Private Limited | ₹6.01 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Hydeabad, Telangana, India |
| Ahe Naturals Private Limited | ₹6 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Delhi, India |
| Myoworks Private Limited this company | ₹6 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Nashik, Maharashtra, India |
| Shree Guru Kripa Cement Private Limited | ₹6 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Samba, Jammu & Kashmir, India |
| Sree Praveena Oxygen Private Limited | ₹6 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Coimbatore, Tamil Nadu, India |
| Transkin Research Private Limited | ₹6 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Bhopal, Madhya Pradesh, India |
| Fine Cardicare Private Limited | ₹6 Lakh (FY 2017) | •••• | •••• | 101.0% | •••• | Rajkot, Gujarat, India |
| Medifirst Pharma Private Limited | ₹5.99 Lakh (FY 2021) | •••• | •••• | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Myoworks by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Myoworks Private Limited
Myoworks has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhankar Satish Takle Also directs: Takle Jewellers Private Limited, Takle Exim Private Limited | Director | 10 Jun 2020 | 6 Years 3 Months | Current |
| Nihalsingh Kultaransingh Sachdeva | Director | 10 Jun 2020 | 6 Years 3 Months | Current |
Charges & Borrowings of Myoworks Private Limited
Myoworks Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Myoworks Private Limited
Myoworks Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in July 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round · Seed | ₹2.4 Cr | Investors: Ankur Capital |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: IIT Bombay Seller: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Myoworks Private Limited
Myoworks operates one associated brand: MyoWorks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lab-grown meat substitutes are developed using scaffolding technology. | myoworks.in |
Employees and EPFO Compliance at Myoworks Private Limited
Employment history and EPFO contributions of people linked to Myoworks.
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 Myoworks Private Limited
Myoworks Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Nihalsingh Kultaransingh Sachdeva was appointed as Director on 10 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Myoworks 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 Myoworks 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 Myoworks 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 Myoworks Private Limited
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 Myoworks 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 Myoworks Private Limited
Myoworks is an active private limited company based in Nashik, Maharashtra, India. The company works in other food products, within the food and beverages industry. It was incorporated on 10 June 2020 (6+ years old) and is registered under CIN U15400MH2020PTC340490.
Myoworks reported revenue of ₹6 Lakh for FY 2024 (down 89% YoY).
Myoworks has 2 current directors:
- Shubhankar Satish Takle - Director
- Nihalsingh Kultaransingh Sachdeva - Director
Myoworks reported a net loss of ₹88.26 Lakh and EBITDA of -₹1.13 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Myoworks is -21% over three years. In the latest year (FY 2024) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Myoworks is U15400MH2020PTC340490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Myoworks was incorporated on 10 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Myoworks has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in July 2022.
The peers of Myoworks by revenue are Figon Biotech Private Limited, Recens Chemical Industries Pvt Ltd, Sandro Bio Pharmaceuticals Private Limited, Shreyasvi Lifesciences Private Limited, Ahe Naturals Private Limited and 5 more, all in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Nihalsingh Kultaransingh Sachdeva was appointed as Director on 10 Jun 2020. Shubhankar Satish Takle was appointed as Director on 10 Jun 2020.
Yes, Myoworks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).