About Eteq Solutions Private Limited
Data last updated:
Eteq Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the research and development sector. It was incorporated on 09 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29222PN2013PTC146882. Its GSTIN is 27AADCE3426G2ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shailaja Pramod Mulbagal and Sangeeta Meenendra Mulabagal.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.45 Lakh, a growth of 134% compared to the previous year. For the same year it recorded a net profit of ₹16,936 (net margin 2.3%) and EBITDA of ₹32,037 (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eteqsolutions.com.
Company details
Contact details
Eteq Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is eteqsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBungalow No.B1/87 Forest Trails S.No.16 And Others Behind Niksia Logistics Paud Road Bhug, Aon, Pune, Maharashtra, India – 412115
- IndustryResearch & Development, Research & Development
To see the full contact details of Eteq 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
Business activity
The main business activity of Eteq Solutions is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Eteq Solutions Private Limited, buy the company report.
Financials of Eteq Solutions Private Limited
FY 2025 filings availableEteq Solutions Private Limited reported revenue of ₹7.45 Lakh (up 134% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 134% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA fell 56% 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 |
|---|---|---|---|---|---|
| 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 | ₹32,037 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16,936 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Eteq Solutions Private Limited, buy the company report.
Board of directors of Eteq Solutions Private Limited
Eteq Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailaja Pramod Mulbagal | Director | 09 Apr 2013 | 13 Years 6 Months | Current |
| Sangeeta Meenendra Mulabagal Also directs: Phoenix Knowledge Management Private Limited | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Pramod Mohan Mulbagal | Director | 09 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Eteq Solutions Private Limited is audited by M.S. ATRE & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.S. ATRE & ASSOCIATES | FY 2018 | 046866 |
Shareholding
The shareholding of Eteq 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 Eteq Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Eteq Solutions 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 Eteq Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Eteq Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE3426G2ZU | Maharashtra | Active | 29 May 2021 |
To see the full GST registrations and return filing status of Eteq Solutions Private Limited, buy the company report.
Recent activity
Eteq Solutions Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Sangeeta Meenendra Mulabagal ceased to be Additional Director on 08 May 2018.
Frequently asked questions
Eteq Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in the research and development industry. It was incorporated on 09 April 2013 (13+ years old) and is registered under CIN U29222PN2013PTC146882.
Eteq Solutions has 3 current directors:
- Shailaja Pramod Mulbagal - Director
- Sangeeta Meenendra Mulabagal - Director
- Pramod Mohan Mulbagal - Director
The latest financial statements of Eteq Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Eteq Solutions is 27AADCE3426G2ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Eteq Solutions is U29222PN2013PTC146882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eteq Solutions was incorporated on 09 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Sangeeta Meenendra Mulabagal ceased to be Additional Director on 08 May 2018. Sangeeta Meenendra Mulabagal was appointed as Director on 09 Mar 2018. Pramod Mohan Mulbagal was appointed as Director on 09 Apr 2013. Eteq Solutions has 4 board changes on record in total.
Eteq Solutions can be reached through the website eteqsolutions.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Eteq Solutions is at Bungalow No.B187 Forest Trails S.No.16 And Others Behind Niksia Logistics Paud Road Bhug, Aon, Pune, Maharashtra, India – 412115.
Eteq Solutions operates in the research and development industry.