About Enovate IT Outsourcing Private Limited
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Enovate IT Outsourcing Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2010PTC135682. Its GSTIN is 27AACCE3814H1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Andrei Boulgakov (Managing Director) and Pournima Vijay Gujar.
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 Office No. 429 C – 4 Amanora Chambers Amanora Town Centre Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.92 Cr, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Cr (net margin 27.1%) and EBITDA of ₹4.38 Cr (EBITDA margin 33.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
The company has about 54 employees 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 enovate-it.com.
Company details
Contact details
Enovate IT Outsourcing Private Limited's registered office is in Pune, Maharashtra. Its website is enovate-it.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 429 C – 4 Amanora Chambers Amanora Town Centre Hadapsar, Pune, Maharashtra, India – 411028
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Enovate IT Outsourcing 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
Business activity
The main business activity of Enovate IT Outsourcing is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Enovate IT Outsourcing Private Limited, buy the company report.
Financials of Enovate IT Outsourcing Private Limited
FY 2025 filings availableEnovate IT Outsourcing Private Limited reported revenue of ₹12.92 Cr (up 119% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 119% growth in the latest year. EBITDA rose 348% 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 | FY 2019-20 |
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| EBITDA | ₹4.38 Cr | ||||
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| Net Profit (PAT) | ₹3.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 33.9% | ||||
| Net Profit Margin | 27.1% | ||||
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To see the full financial statements and ratios of Enovate IT Outsourcing Private Limited, buy the company report.
Board of directors of Enovate IT Outsourcing Private Limited
Enovate IT Outsourcing has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pournima Vijay Gujar | Director | 12 Aug 2023 | 3 Years 3 Months | Current |
| Andrei Boulgakov Also directs: Kind Interactive Technologies Private Limited | Managing Director | 26 Feb 2010 | 16 Years 8 Months | Current |
| Mrunal Pramod Dhole | Director | 18 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Enovate IT Outsourcing Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anyone Home IT Services Private Limited | ₹12.94 Cr (FY 2023) | 26.0% | Pune, Maharashtra, India | |||
| Nucore Software Solutions Private Limited | ₹12.93 Cr (FY 2025) | 9.0% | Kozhikode, Kerala, India | |||
| Fishbowl India Private Limited | ₹12.92 Cr (FY 2025) | -6.0% | Bangalore, Karnataka, India | |||
| Vagus Technologies Private Limited | ₹12.92 Cr (FY 2023) | 18.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Enovate IT Outsourcing Private Limitedthis company | ₹12.92 Cr (FY 2024) | ₹3.5 Cr | 27.1% | 119.0% | 54 | Pune, Maharashtra, India |
| Empezar Consulting Private Limited | ₹12.91 Cr (FY 2025) | 191.0% | Gandhidham, Gujarat, India | |||
| Alteatec IT Solutions Private Limited | ₹12.91 Cr (FY 2024) | 22.0% | Pune, Maharashtra, India | |||
| June IT Solutions Private Limited | ₹12.91 Cr (FY 2022) | 917.0% | Kochi, Kerala, India | |||
| Nextgendev Solutions Private Limited | ₹12.9 Cr (FY 2025) | 122.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Enovate IT Outsourcing Private Limited, buy the company report.
Auditor
Enovate IT Outsourcing Private Limited is audited by KVMDS & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KVMDS & Associates | FY 2023 | 121347W |
Shareholding
The shareholding of Enovate IT Outsourcing 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Enovate IT Outsourcing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Enovate IT Outsourcing 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 Enovate IT Outsourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Enovate IT Outsourcing Private Limited has a workforce of 54 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 54 |
| FY 2025-26 | |
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| FY 2018-19 | |
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To see the full employee and EPFO history of Enovate IT Outsourcing Private Limited, buy the company report.
GST
Enovate IT Outsourcing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE3814H1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Enovate IT Outsourcing Private Limited, buy the company report.
Recent activity
Enovate IT Outsourcing Private Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Mrunal Pramod Dhole ceased to be Additional Director on 29 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Enovate IT Outsourcing is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 February 2010 (16+ years old) and is registered under CIN U72200PN2010PTC135682.
Enovate IT Outsourcing has 3 current directors:
- Andrei Boulgakov - Managing Director
- Pournima Vijay Gujar - Director
- Mrunal Pramod Dhole - Director
The latest financial statements of Enovate IT Outsourcing 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 GSTIN of Enovate IT Outsourcing is 27AACCE3814H1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Enovate IT Outsourcing is U72200PN2010PTC135682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Enovate IT Outsourcing was incorporated on 26 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Enovate IT Outsourcing by revenue are Anyone Home IT Services Private Limited, Nucore Software Solutions Private Limited, Fishbowl India Private Limited, Vagus Technologies Private Limited, Empezar Consulting Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mrunal Pramod Dhole ceased to be Additional Director on 29 Sep 2024. Mrunal Pramod Dhole was appointed as Director on 18 Sep 2024. Pournima Vijay Gujar ceased to be Additional Director on 29 Sep 2023. Enovate IT Outsourcing has 10 board changes on record in total.
Enovate IT Outsourcing can be reached through the website enovate-it.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Enovate IT Outsourcing is at Office No. 429 C – 4 Amanora Chambers Amanora Town Centre Hadapsar, Pune, Maharashtra, India – 411028.
Enovate IT Outsourcing operates in the information technology industry, in the application development and software solutions segment.
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