About Themathcompany Private Limited
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Themathcompany Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC096027. Its GSTIN is 29AAFCT9132Q1ZI (Karnataka).
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹10.96 Cr. It is led by directors including Aditya Kumbakonam and Mandayam Anuj Krishna.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹276.97 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹63.71 Cr (net margin 23%) and EBITDA of ₹93.64 Cr (EBITDA margin 33.8%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The company has about 1,138 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MathCo. As per MCA filings, the company has open charges of ₹116.59 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹382.03 Cr; the latest was in March 2022. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 74 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mathco.com.
Company details
Contact details
Themathcompany Private Limited's registered office is in Bangalore, Karnataka. Its website is mathco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Tower A Iwf Campus, Whitefield B Narayanapura, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Themathcompany 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
Themathcompany operates one associated brand: MathCo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI and analytics services are delivered globally to enterprises. | mathco.com |
Business activity
The main business activity of Themathcompany is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Themathcompany Private Limited, buy the company report.
Financials of Themathcompany Private Limited
FY 2025 filings availableThemathcompany Private Limited reported revenue of ₹276.97 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over three years, including 1% growth in the latest year. EBITDA rose 156% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹276.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹93.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.71 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.8% | ||||
| Net Profit Margin | 23% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Themathcompany Private Limited, buy the company report.
Board of directors and KMP of Themathcompany Private Limited
Themathcompany Private Limited currently reports 7 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Kumbakonam | Director | 26 Aug 2016 | 10 Years 2 Months | Current |
| Mandayam Anuj Krishna | Director | 26 Aug 2016 | 10 Years 2 Months | Current |
| Sayandeb Banerjee | Director | 30 Sep 2016 | 10 Years 1 Months | Current |
| Jeffrey Philip Machlin | Nominee Director | 11 Jan 2022 | 4 Years 9 Months | Current |
| Venkatraman Gopalasamudram Srinivasan | Cfo | 05 Aug 2025 | 1 Years 2 Months | Current |
| Arihant Patni Also directs: Patni Wealth Advisors LLP, Hive Technologies LLP, Ideaspring Capital Advisors LLP and 5 more | Director | 08 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Themathcompany Private Limited is audited by B S R & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Themathcompany Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Themathcompany Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2025 | 101070392 | Hdfc Bank Limited | ₹78.59 Cr | Open | |
| 26 Mar 2024 | 100904249 | Others | ₹5 Cr | Open | |
| 15 Dec 2022 | 100672291 | The Hongkong and Shanghai Banking Corporation Limited | ₹8 Cr | Open | |
| 29 Nov 2021 | 100506764 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 14 Dec 2022 | 100672250 | The Hongkong and Shanghai Banking Corporation Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Themathcompany Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Themathcompany Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹382.03 Cr; the latest was in March 2022.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: Brighton Park Capital Seller: 3 individuals |
| May 2019 | Funding round · Series A | ₹20 Cr | Investors: The Patni Family Office |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Themathcompany 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
Themathcompany Private Limited has 2 court cases on record: 1 filed by Themathcompany, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Mu Sigma Business Solutions Pvt Ltd | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Pending |
To see the full case history of Themathcompany Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Themathcompany Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 74 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bit Air Travels Private Limited | |||
| Conscientia Consultancy Private Limited | |||
| an individual supplier | |||
| Iris | |||
| Sysfore Technologies Private Limited |
To see the full MSME payment records of Themathcompany Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Themathcompany Private Limited has a workforce of 1,138 employees on its EPFO records as of Sep 21, 2024, across 1 active EPFO establishment.
GST
Themathcompany has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT9132Q1ZI | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Themathcompany Private Limited, buy the company report.
Recent activity
Themathcompany Private Limited has 13 board changes on record since 2016: 8 appointments and 5 cessations. The latest: Venkatraman Gopalasamudram Srinivasan was appointed as CFO on 05 Aug 2025.
14 earlier events are in the company report.
News
Frequently asked questions
Themathcompany is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 26 August 2016 (10+ years old) and is registered under CIN U74999KA2016PTC096027.
Themathcompany has 8 current directors and KMP:
- Aditya Kumbakonam - Director
- Mandayam Anuj Krishna - Director
- Sayandeb Banerjee - Director
- Jeffrey Philip Machlin - Nominee Director
- Arihant Patni - Director
- Nallicheri Vydianathan Tyagarajan - Director
- Usman Hameed Rabbani - Nominee Director
- Venkatraman Gopalasamudram Srinivasan - Cfo
The latest financial statements of Themathcompany 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 2017 are in the company report.
The GSTIN of Themathcompany is 29AAFCT9132Q1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Themathcompany is U74999KA2016PTC096027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Themathcompany has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Themathcompany was incorporated on 26 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Themathcompany has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹382.03 Cr; the latest was in March 2022.
Venkatraman Gopalasamudram Srinivasan was appointed as CFO on 05 Aug 2025. Usman Hameed Rabbani was appointed as Nominee Director on 26 Feb 2025. Jeffrey Philip Machlin ceased to be Nominee Director on 27 Jan 2025. Themathcompany has 13 board changes on record in total.
Themathcompany has 8 MSME Form 1 returns on record between 2020 and 2023, listing 74 overdue payments to 16 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Themathcompany can be reached through the website mathco.com. Its registered office is in Bangalore, Karnataka, India.
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