About Egnify Technologies Private Limited
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Egnify Technologies Private Limited is a private limited company based in Kurnool, Andhra Pradesh, India. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 18 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72300AP2015PTC097944. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46.68 Lakh. It is led by directors Kiran Babu Yerranagu (Managing Director) and Yerranagu Thulasi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 36 – 301 Chittari Street Near Rambotla Temple, Kurnool, Andhra Pradesh, India – 518001.
As per the financials filed for FY 2019, the company reported a revenue of ₹89.66 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹86.19 Lakh (net margin -96.1%) and EBITDA of -₹85.29 Lakh (EBITDA margin -95.1%).
The company is associated with 1 brand: Egnify. The company has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹1.75 Cr; the latest was in September 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website egnify.com.
Company details
Contact details
Egnify Technologies Private Limited's registered office is in Kurnool, Andhra Pradesh. Its website is egnify.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address36 – 301 Chittari Street Near Rambotla Temple, Kurnool, Andhra Pradesh, India – 518001
- IndustryInformation Technology, Cloud Computing & Cloud Services
To see the full contact details of Egnify 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
Brands
Egnify Technologies operates one associated brand: Egnify. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers AI-based solutions for analyzing and improving student performance. | egnify.com |
Business activity
The main business activity of Egnify Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Egnify Technologies Private Limited, buy the company report.
Financials of Egnify Technologies Private Limited
FY 2019 filings availableEgnify Technologies Private Limited reported revenue of ₹89.66 Lakh (up 331% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 331% in the latest year. EBITDA rose 12% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹89.66 Lakh | |||
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| Total Expenses | ||||
| EBITDA | -₹85.29 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹86.19 Lakh | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -95.1% | |||
| Net Profit Margin | -96.1% | |||
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To see the full financial statements and ratios of Egnify Technologies Private Limited, buy the company report.
Board of directors of Egnify Technologies Private Limited
Egnify Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Babu Yerranagu | Managing Director | 18 Dec 2015 | 10 Years 10 Months | Current |
| Yerranagu Thulasi Also directs: Rava Digital Solutions Private Limited | Director | 18 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Egnify Technologies Private Limited is audited by M P & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P & CO | FY 2019 | 013406S |
Shareholding
The shareholding of Egnify Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Egnify Technologies Private Limited, buy the company report.
Deals & funding
Egnify Technologies Private Limited has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹1.75 Cr; the latest was in September 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Funding round | ₹1.75 Cr | Investors: 4 individuals |
| Jan 2017 | Acquisition | ₹13 Lakh | Buyer: an individual |
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 Egnify 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 Egnify Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Egnify Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Egnify Technologies Private Limited, buy the company report.
Recent activity
Egnify Technologies Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Abinika Radhakrishnan ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Egnify Technologies is an active private limited company based in Kurnool, Andhra Pradesh, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 18 December 2015 (11+ years old) and is registered under CIN U72300AP2015PTC097944.
Egnify Technologies has 2 current directors:
- Kiran Babu Yerranagu - Managing Director
- Yerranagu Thulasi - Director
The latest financial statements of Egnify Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Egnify Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Egnify Technologies is U72300AP2015PTC097944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Egnify Technologies was incorporated on 18 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
Egnify Technologies has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹1.75 Cr; the latest was in September 2017.
Abinika Radhakrishnan ceased to be Additional Director on 29 Sep 2018. Abinika Radhakrishnan was appointed as Director on 16 Sep 2017. Kiran Babu Yerranagu ceased to be Director on 29 Jul 2017. Egnify Technologies has 5 board changes on record in total.
Egnify Technologies can be reached through the website egnify.com. Its registered office is in Kurnool, Andhra Pradesh, India.
The registered office of Egnify Technologies is at 36 – 301 Chittari Street Near Rambotla Temple, Kurnool, Andhra Pradesh, India – 518001.