About Elegant Network Services Private Limited
Data last updated:
Elegant Network Services Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2011PTC223135. Its GSTIN is 27AACCE8488K1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prashant Chandrakant Desai and Priyanka Prashant Desai.
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 Fb – 144 1st Floor High Street Mall Majiwade Kapurbawadi Naka, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.02 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.53 Lakh (net margin 42%) and EBITDA of ₹28.23 Lakh (EBITDA margin 50.4%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 53% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elegantnetwork.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFb – 144 1st Floor High Street Mall Majiwade Kapurbawadi Naka, Thane, Maharashtra, India – 400607
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Elegant Network Services Private Limited
The main business activity of Elegant Network Services is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elegant Network Services Private Limited FY 2025 filings available
Elegant Network Services Private Limited reported revenue of ₹56.02 Lakh (up 249% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elegant Network Services Private Limited
Revenue rose 249% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 53%. EBITDA rose 301% 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 of Elegant Network Services Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹28.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.53 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 of Elegant Network Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 42% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elegant Network Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Elegant Network Services Private Limited
Elegant Network Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cloudsclick India Private Limited | ₹56.25 Lakh (FY 2020) | •••• | •••• | 268.0% | •••• | Hubli, Karnataka, India |
| Infocore Engineering & IT Services Private Limited | ₹56.22 Lakh (FY 2024) | •••• | •••• | -96.0% | •••• | Bangalore, Karnataka, India |
| Axle Hosting Private Limited | ₹56.2 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Industron Nanotechnology Private Limited | ₹56.2 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Thiruvananthapuram, Kerala, India |
| Lorvensoft Technology Private Limited | ₹56.07 Lakh (FY 2024) | •••• | •••• | -43.0% | •••• | Hyderabad, Telangana, India |
| Elegant Network Services Private Limited this company | ₹56.02 Lakh (FY 2025) | •••• | •••• | 249.0% | •••• | Thane, Maharashtra, India |
| Telebyte Products Private Limited | ₹56 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| USA Infotech Advisors Private Limited | ₹55.98 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Scrollstack Private Limited | ₹55.94 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Kocha Technologies India Private Limited | ₹55.91 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | Chennai, Tamil Nadu, India |
| Nova Aurora Blockchain Technologies Private Limited | ₹55.84 Lakh (FY 2024) | •••• | •••• | •••• | Hydredbad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Elegant Network Services by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elegant Network Services Private Limited
Elegant Network Services Private Limited is audited by S D SATAM & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S D SATAM & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Elegant Network Services Private Limited
Elegant Network Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Chandrakant Desai | Director | 17 Oct 2011 | 14 Years 11 Months | Current |
| Priyanka Prashant Desai | Director | 17 Oct 2011 | 14 Years 11 Months | Current |
Ownership and Shareholding of Elegant Network Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elegant Network Services Private Limited
Elegant Network Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elegant Network Services Private Limited
Elegant Network Services Private Limited has a workforce of 1 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elegant Network Services Private Limited
Elegant Network Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Prashant Chandrakant Desai was appointed as Director on 17 Oct 2011.
Credit Ratings, Litigation & Regulatory Alerts for Elegant Network Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elegant Network Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elegant Network Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elegant Network Services Private Limited
Elegant Network Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE8488K1ZZ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elegant Network Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elegant Network Services Private Limited
Elegant Network Services is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 October 2011 (15+ years old) and is registered under CIN U72300MH2011PTC223135.
Elegant Network Services reported revenue of ₹56.02 Lakh for FY 2025 (up 249% YoY).
Elegant Network Services has 2 current directors:
- Prashant Chandrakant Desai - Director
- Priyanka Prashant Desai - Director
Elegant Network Services reported a net profit of ₹23.53 Lakh (net margin 42%) and EBITDA of ₹28.23 Lakh (EBITDA margin 50.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elegant Network Services is -39% over three years and -53% over five years. In the latest year (FY 2025) revenue rose 249%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elegant Network Services is 27AACCE8488K1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elegant Network Services is U72300MH2011PTC223135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegant Network Services was incorporated on 17 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elegant Network Services by revenue are Cloudsclick India Private Limited, Infocore Engineering & IT Services Private Limited, Axle Hosting Private Limited, Industron Nanotechnology Private Limited, Lorvensoft Technology Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Prashant Chandrakant Desai was appointed as Director on 17 Oct 2011. Priyanka Prashant Desai was appointed as Director on 17 Oct 2011.
Elegant Network Services can be reached through the website elegantnetwork.in. Its registered office is in Thane, Maharashtra, India.