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Myrah Consulting Services Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.68 Lakh
▲ 67% YoY
Net loss · FY 2024
₹32.79 Lakh
Net margin -64.7%
EBITDA · FY 2024
-₹29.53 Lakh
EBITDA margin -58.3%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹50.94 Lakh
Issued & subscribed
Open charges
₹14 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
12
Provident fund records
About Myrah Consulting Services Private Limited
Data last updated:
Myrah Consulting Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 13 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC341849. Its GSTIN is 27AANCM5669B1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50.94 Lakh. It is led by directors including Akshay Ashok Madnani and Ashok Baldev Madnani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.68 Lakh, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹32.79 Lakh (net margin -64.7%) and EBITDA of -₹29.53 Lakh (EBITDA margin -58.3%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Esarwa. As per MCA filings, the company has open charges of ₹14 Lakh on record. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in December 2021.
Myrah Consulting Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0003048). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esarwa.com.
Company details
CIN U74999MH2020PTC341849
Registration Number 341849
Incorporation Date 13 July 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0003048
Key People
Akshay Ashok Madnani Director Ashok Baldev Madnani Director Mishita Akshay Madnani Director Recognitions & Rankings of Myrah Consulting Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0003048
Contact details
Myrah Consulting Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is esarwa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressUnit 508 Laxmi Plaza Coop Soc. Ltd., New Link Rd Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Myrah Consulting Services Private Limited, buy the company report.
Comprehensive company report
Myrah Consulting Services 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
Myrah Consulting Services operates one associated brand: ESARWA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers ERP software for accounting, inventory, and business management. | esarwa.com |
Business activity
The main business activity of Myrah Consulting Services 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 Myrah Consulting Services Private Limited, buy the company report.
Financials of Myrah Consulting Services Private Limited
FY 2025 filings availableMyrah Consulting Services Private Limited reported revenue of ₹50.68 Lakh (up 67% YoY) for FY 2024.
Revenue · FY 2024
₹50.68 Lakh ▲ 67%
Net loss · FY 2024
₹32.79 Lakh margin -64.7%
EBITDA · FY 2024
-₹29.53 Lakh margin -58.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 41% over three years, including 67% growth in the latest year. EBITDA rose 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 |
|---|---|---|---|---|
| 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 | -₹29.53 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹32.79 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -58.3% | |||
| Net Profit Margin | -64.7% | |||
| 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 Myrah Consulting Services Private Limited, buy the company report.
Board of directors of Myrah Consulting Services Private Limited
Myrah Consulting Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Ashok Madnani | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
| Ashok Baldev Madnani | Director | 13 Jul 2020 | 6 Years 4 Months | Current |
| Mishita Akshay Madnani | Director | 13 Jul 2020 | 6 Years 4 Months | Current |
Auditor
Myrah Consulting Services Private Limited is audited by NILESH R PAREKH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NILESH R PAREKH & CO | FY 2023 | 031738 |
Shareholding
The shareholding of Myrah Consulting Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Myrah Consulting Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2025 | 101103244 | State Bank of India | ₹14 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Myrah Consulting Services Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in December 2021.
Total deals
3
Rights issue
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹75 Lakh
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2020 | Rights issue | ₹49 Lakh | Investors: 4 individuals |
To see the full deal history of Myrah Consulting Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Myrah Consulting Services 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 Myrah Consulting Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Myrah Consulting Services Private Limited has a workforce of 12 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-20%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 12 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Myrah Consulting Services Private Limited, buy the company report.
GST
Myrah Consulting Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCM5669B1Z6 | Maharashtra | Active | 04 Aug 2020 |
To see the full GST registrations and return filing status of Myrah Consulting Services Private Limited, buy the company report.
Recent activity
Myrah Consulting Services Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Monica Ashok Madnani ceased to be Director on 14 Sep 2022.
AGM
Myrah Consulting Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 14.00 Lakh with Charge ID 101103244 was registered on 26 May 2025.
Filing
Myrah Consulting Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Monica Ashok Madnani ceased to be Director.
Ceased
Akshay Ashok Madnani ceased to be Additional Director.
Appointed
Akshay Ashok Madnani was appointed as Director.
Appointed
Ashok Baldev Madnani was appointed as Director.
Appointed
Mishita Akshay Madnani was appointed as Director.
Incorporation
13 Jul 2020
Myrah Consulting Services Private Limited was registered on 13 Jul 2020 with Roc Mumbai I & aged 6 years 4 months as per MCA records.
Frequently asked questions
Myrah Consulting Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 13 July 2020 (6+ years old) and is registered under CIN U74999MH2020PTC341849.
Myrah Consulting Services has 3 current directors:
- Akshay Ashok Madnani - Director
- Ashok Baldev Madnani - Director
- Mishita Akshay Madnani - Director
The latest financial statements of Myrah Consulting Services 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 2021 are in the company report.
The GSTIN of Myrah Consulting Services is 27AANCM5669B1Z6, registered in Maharashtra. 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 Myrah Consulting Services is U74999MH2020PTC341849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Myrah Consulting Services was incorporated on 13 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Myrah Consulting Services has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in December 2021.
Monica Ashok Madnani ceased to be Director on 14 Sep 2022. Akshay Ashok Madnani ceased to be Additional Director on 30 Sep 2021. Akshay Ashok Madnani was appointed as Director on 16 Dec 2020. Myrah Consulting Services has 5 board changes on record in total.
Yes, Myrah Consulting Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Myrah Consulting Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0003048).
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