Startup India Government of India
Muvro Technologies Private Limited - machinery and equipment in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹65.4 Cr
▼ 15% YoY
Net profit · FY 2024
₹2.28 Cr
Net margin 3.5%
EBITDA · FY 2024
₹4.26 Cr
EBITDA margin 6.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹33.07 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
140
Provident fund records
About Muvro Technologies Private Limited
Data last updated:
Muvro Technologies Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U29306UP2020PTC129799. Its GSTIN is 09AANCM5052A1ZL (Uttar Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Ajay Yadav and Mahavir Sharma.
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 – 905 Block – A Charms Castle Raj Nagar Extension, Ghaziabad, Uttar Pradesh, India – 201017.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.4 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 3.5%) and EBITDA of ₹4.26 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The company has about 140 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Muvro Technologies. As per MCA filings, the company has open charges of ₹33.07 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in February 2022. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Shree Ram Equitech Private Limited with revenue of ₹65.9 Cr.
Muvro Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0000605). For more details, the company can be reached via its website muvro.com.
Company details
CIN U29306UP2020PTC129799
Registration Number 129799
Incorporation Date 22 June 2020
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-UP-29-0000605
Recognitions & Rankings of Muvro Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-29-0000605
Contact details
Muvro Technologies Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is muvro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No – 905 Block – A Charms Castle Raj Nagar Extension, Ghaziabad, Uttar Pradesh, India – 201017
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Muvro Technologies Private Limited, buy the company report.
Comprehensive company report
Muvro Technologies 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
Muvro Technologies operates one associated brand: Muvro Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Intralogistics and material handling solutions provider focused on automated systems for logistics and automation. | muvro.com |
Business activity
The main business activity of Muvro Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Muvro Technologies Private Limited, buy the company report.
Financials of Muvro Technologies Private Limited
FY 2025 filings availableMuvro Technologies Private Limited reported revenue of ₹65.4 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹65.4 Cr ▼ 15%
Net profit · FY 2024
₹2.28 Cr margin 3.5%
EBITDA · FY 2024
₹4.26 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 46%
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 10% 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 | ₹65.4 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.26 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.28 Cr | |||
| 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 | 6.5% | |||
| Net Profit Margin | 3.5% | |||
| 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 Muvro Technologies Private Limited, buy the company report.
Board of directors of Muvro Technologies Private Limited
Muvro Technologies 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 |
|---|---|---|---|---|
| Ajay Yadav Also directs: Venus Pack System Private Limited, Uncease Automation Private Limited, Takumi Technologies India Private Limited and 2 more | Director | 24 Nov 2021 | 4 Years 11 Months | Current |
| Mahavir Sharma | Director | 28 Mar 2022 | 4 Years 7 Months | Current |
| Kiran Yadav | Director | 22 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Muvro Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Ram Equitech Private Limited | ₹65.9 Cr (FY 2025) | 0.0% | Durg, Chhattisgarh, India | |||
| Muvro Technologies Private Limitedthis company | ₹65.4 Cr (FY 2024) | ₹2.28 Cr | 3.5% | -15.0% | 140 | Ghaziabad, Uttar Pradesh, India |
| Shree Prayag Air Controls Private Limited | ₹65.34 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Thermotech Systems Limited | ₹65.25 Cr (FY 2025) | 48.0% | Ahmedadad, Gujarat, India | |||
| Nutech Jetting Equipments India Private Limited | ₹65.22 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Muvro Technologies Private Limited, buy the company report.
Auditor
Muvro Technologies Private Limited is audited by Manish Manocha & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manish Manocha & Co. | FY 2024 | 002074N |
Shareholding
The shareholding of Muvro Technologies Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Muvro Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2026 | 101371431 | Axis Bank Limited | ₹1.57 Cr | Open | |
| 17 Sep 2022 | 100612899 | Axis Bank Limited | ₹31.5 Cr | Open |
To see the full charge records of Muvro Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Muvro Technologies Private Limited has 1 deal on record (1 rights issue); the latest was in February 2022.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Rights issue | ₹2.4 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Muvro Technologies Private Limited has 2 court cases on record: 2 filed by Muvro Technologies. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Muvro Technologies 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
No delayed payments to MSME suppliers are on our record for Muvro Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Muvro Technologies Private Limited has a workforce of 140 employees on its EPFO records as of Jan 19, 2026, across 1 active EPFO establishment.
Employee count
140
Active EPFO establishments
1
Employee growth
5.26%
GST
Muvro Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AANCM5052A1ZL | Uttar Pradesh | Active | 29 Jun 2020 |
To see the full GST registrations and return filing status of Muvro Technologies Private Limited, buy the company report.
Recent activity
Muvro Technologies Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Arun Kumar ceased to be Director on 01 Sep 2026.
Ceased
Arun Kumar ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.57 Cr with Charge ID 101371431 was registered on 21 Jul 2026.
Charges
A charge with Axis Bank Limited of Rs. 31.50 Cr registered on 17 Sep 2022 with Charge ID 100612899 was modified on 27 May 2026.
AGM
Muvro Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Muvro Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Ceased
Ashish Kumar ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 31.50 Cr with Charge ID 100612899 was registered on 17 Sep 2022.
Appointed
Mahavir Sharma was appointed as Director.
Appointed
Ajay Yadav was appointed as Director.
Appointed
Kiran Yadav was appointed as Director.
Incorporation
22 Jun 2020
Muvro Technologies Private Limited was registered on 22 Jun 2020 with Roc Uttar Pradesh Ii & aged 6 years 4 months as per MCA records.
Frequently asked questions
Muvro Technologies is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 June 2020 (6+ years old) and is registered under CIN U29306UP2020PTC129799.
Muvro Technologies has 3 current directors:
- Ajay Yadav - Director
- Mahavir Sharma - Director
- Kiran Yadav - Director
The latest financial statements of Muvro 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 FY 2021 are in the company report.
The GSTIN of Muvro Technologies is 09AANCM5052A1ZL, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Muvro Technologies is U29306UP2020PTC129799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muvro Technologies has 2 court cases on record: 2 filed by the company. 1 is pending.
Muvro Technologies was incorporated on 22 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Muvro Technologies has 1 deal on record (1 rights issue); the latest was in February 2022.
The peers of Muvro Technologies by revenue are Shree Ram Equitech Private Limited, Shree Prayag Air Controls Private Limited, Thermotech Systems Limited, Nutech Jetting Equipments India Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Arun Kumar ceased to be Director on 01 Sep 2026. Ashish Kumar ceased to be Additional Director on 30 Sep 2022. Mahavir Sharma was appointed as Director on 28 Mar 2022. Muvro Technologies has 5 board changes on record in total.
Yes, Muvro Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).