Elder IT Solutions Private Limited
About Elder IT Solutions Private Limited
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Elder IT Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Edico Ventures Private Limited. It operates in the computer hardware manufacturing and retail segment of the technology and IT services sector. It was incorporated on 16 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2007PTC175961.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.05 Cr. It is led by directors Hardik Hasmukh Darji and Khushboo Hardik Darji.
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 Cama Bldg 1st Floor 24/26 Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.41 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹9.11 Lakh (net margin -55.5%) and EBITDA of -₹9.06 Lakh (EBITDA margin -55.2%). Revenue has grown at a compounded annual rate (CAGR) of 164% over three years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Elder IT Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCama Bldg 1st Floor 24/26 Dalal Street Fort, Mumbai, Maharashtra, India – 400023
- IndustryInformation Technology, Computer Hardware Manufacturing & Retail
To see the full contact details of Elder IT Solutions 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
Financials of Elder IT Solutions Private Limited
FY 2025 filings availableElder IT Solutions Private Limited reported revenue of ₹16.41 Lakh (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 90% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 164%. EBITDA fell 107% 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 |
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| EBITDA | -₹9.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.11 Lakh | ||||
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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 | -55.2% | ||||
| Net Profit Margin | -55.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Elder IT Solutions Private Limited, buy the company report.
Board of directors of Elder IT Solutions Private Limited
Elder IT Solutions has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Hasmukh Darji Also directs: Nextsphere Advisory LLP, HD and Associates LLP | Director | 02 Sep 2024 | 2 Years 2 Months | Current |
| Khushboo Hardik Darji | Director | 02 Sep 2024 | 2 Years 2 Months | Current |
Peer comparison
Elder IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Computer Hardware), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Canoe Soft Private Limited | ₹17.97 Lakh (FY 2024) | Angara, Jharkhand, India | ||||
| Flatrox Technosolutions (India) Private Limited | ₹17.4 Lakh (FY 2024) | 453.0% | Ahmedabad, Gujarat, India | |||
| Cra Infotech Private Limited | ₹17.16 Lakh (FY 2024) | 2319.0% | New Delhi, Delhi, India | |||
| Brijlaxmi Infotech Limited | ₹16.88 Lakh (FY 2024) | -29.0% | Vadodara, Gujarat, India | |||
| Clidot Private Limited | ₹16.82 Lakh (FY 2024) | 136.0% | Ernakulam, Kerala, India | |||
| Elder IT Solutions Private Limitedthis company | ₹16.41 Lakh (FY 2025) | -₹9.11 Lakh | -55.5% | -90.0% | Mumbai, Maharashtra, India | |
| Itvirt Solutions Private Limited | ₹15.99 Lakh (FY 2024) | -62.0% | Bangalore, Karnataka, India | |||
| Roman Hi-Tech Computer Hardware and Networking Institute Private Limited | ₹15.85 Lakh (FY 2024) | -61.0% | Tarn Taran, Punjab, India | |||
| Bigates Software Private Limited | ₹15.7 Lakh (FY 2019) | -4.0% | Mumbai, Maharashtra, India | |||
| Cognetix (India) Private Limited | ₹14.77 Lakh (FY 2024) | -22.0% | Chennai, Tamil Nadu, India | |||
| Thoughtnidea Software Solutions Private Limited (OPC) | ₹14.38 Lakh (FY 2025) | 5.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Elder IT Solutions Private Limited, buy the company report.
Auditor
Elder IT Solutions Private Limited is audited by M G BHAGAT & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G BHAGAT & CO | FY 2018 | 113130W |
Shareholding
The shareholding of Elder IT Solutions 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 Elder IT Solutions Private Limited, buy the company report.
Legal cases
Elder IT Solutions Private Limited has 3 court cases on record: 2 filed by Elder IT Solutions, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-4 | Pending |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Elder IT Solutions 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 Elder IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Elder IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Elder IT Solutions Private Limited has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Hardik Hasmukh Darji ceased to be Additional Director on 29 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Elder IT Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in computer hardware manufacturing and retail, within the information technology industry. It was incorporated on 16 November 2007 (19+ years old) and is registered under CIN U72900MH2007PTC175961.
Elder IT Solutions has 2 current directors:
- Hardik Hasmukh Darji - Director
- Khushboo Hardik Darji - Director
The latest financial statements of Elder IT Solutions 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Elder IT Solutions is U72900MH2007PTC175961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elder IT Solutions has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Elder IT Solutions was incorporated on 16 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elder IT Solutions by revenue are Canoe Soft Private Limited, Flatrox Technosolutions (India) Private Limited, Cra Infotech Private Limited, Brijlaxmi Infotech Limited, Clidot Private Limited and 5 more, all in the Information Technology industry (Computer Hardware).
Hardik Hasmukh Darji ceased to be Additional Director on 29 Sep 2024. Khushboo Hardik Darji ceased to be Additional Director on 29 Sep 2024. Hardik Hasmukh Darji was appointed as Director on 02 Sep 2024. Elder IT Solutions has 13 board changes on record in total.
The registered office of Elder IT Solutions is at Cama Bldg 1st Floor 2426 Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
Elder IT Solutions operates in the information technology industry, in the computer hardware manufacturing and retail segment.
The compliance status of Elder IT Solutions is compliant as of 09 September 2026. The company is actively filing with the Registrar of Companies.
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