About Evolve Webinfo Private Limited
Data last updated:
Evolve Webinfo Private Limited is a private limited company based in Dewas, Madhya Pradesh, India. It operates in the IT services segment of the services sector. It was incorporated on 10 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2012PTC028171. Its GSTIN is 23AADCE0940M1ZT (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Shah and Bhawana Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 5 Mainashree Complex A B Road, Dewas, Madhya Pradesh, India – 455001.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.36 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹16,323 (net margin 0.5%) and EBITDA of ₹3.65 Lakh (EBITDA margin 11.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five 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 evolvewebinfo.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF – 5 Mainashree Complex A B Road, Dewas, Madhya Pradesh, India – 455001
- IndustryService, Information Technology 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 Evolve Webinfo Private Limited
The main business activity of Evolve Webinfo is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Evolve Webinfo Private Limited FY 2024 filings available
Evolve Webinfo Private Limited reported revenue of ₹31.36 Lakh (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Evolve Webinfo Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 16% fall in the latest year. EBITDA fell 42% 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 Evolve Webinfo Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16,323 | •••• | •••• | •••• | •••• |
| 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 Evolve Webinfo Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Evolve Webinfo 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.
Board of Directors of Evolve Webinfo Private Limited
Evolve Webinfo has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Shah Also directs: Evocrest Industries LLP | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
| Bhawana Shah Also directs: Evocrest Industries LLP | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
Peer Comparison of Evolve Webinfo Private Limited
Evolve Webinfo Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techtroop Solutions Private Limited | ₹31.42 Lakh (FY 2025) | •••• | •••• | 162.0% | •••• | Hyderabad, Telangana, India |
| Aspiring Ceo Private Limited | ₹31.4 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Lucknow, Uttar Pradesh, India |
| V.V.S. Software and Solutions Private Limited | ₹31.4 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Mysore, Karnataka, India |
| Vel Micro Systems Private Limited | ₹31.39 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Instamoney Technology Private Limited | ₹31.36 Lakh (FY 2021) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Evolve Webinfo Private Limited this company | ₹31.36 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Dewas, Madhya Pradesh, India |
| Cloudelabs Technologies Private Limited | ₹31.35 Lakh (FY 2024) | •••• | •••• | 116.0% | •••• | Chennai, Tamil Nadu, India |
| Tracewave Transparency Private Limited | ₹31.35 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Exlvis Technologies Private Limited | ₹31.35 Lakh (FY 2024) | •••• | •••• | 68.0% | •••• | Thane, Maharashtra, India |
| Vocso Technologies Private Limited | ₹31.33 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Faridabad, Haryana, India |
| Neodigitech Innovations Private Limited | ₹31.29 Lakh (FY 2024) | •••• | •••• | -31.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Evolve Webinfo by revenue in the Information Technology industry (Application Development), 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 Evolve Webinfo Private Limited
Evolve Webinfo Private Limited is audited by Sunil Kataria & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sunil Kataria & Associates | 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.
Ownership and Shareholding of Evolve Webinfo 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 Evolve Webinfo Private Limited
Evolve Webinfo Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Evolve Webinfo Private Limited
Employment history and EPFO contributions of people linked to Evolve Webinfo.
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 Evolve Webinfo Private Limited
Evolve Webinfo Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Sandip Nigam ceased to be Director on 21 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Evolve Webinfo 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 Evolve Webinfo 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 Evolve Webinfo 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 Evolve Webinfo Private Limited
Evolve Webinfo has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCE0940M1ZT | Madhya Pradesh | 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 Evolve Webinfo 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 Evolve Webinfo Private Limited
Evolve Webinfo is an active private limited company based in Dewas, Madhya Pradesh, India. The company works in information technology services, within the service industry. It was incorporated on 10 April 2012 (14+ years old) and is registered under CIN U72200MP2012PTC028171.
Evolve Webinfo reported revenue of ₹31.36 Lakh for FY 2024 (down 16% YoY).
Evolve Webinfo has 2 current directors:
- Rajesh Shah - Director
- Bhawana Shah - Director
Evolve Webinfo reported a net profit of ₹16,323 (net margin 0.5%) and EBITDA of ₹3.65 Lakh (EBITDA margin 11.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Evolve Webinfo is 1% over three years and -5% over five years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Evolve Webinfo is 23AADCE0940M1ZT, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Evolve Webinfo is U72200MP2012PTC028171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolve Webinfo was incorporated on 10 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Evolve Webinfo by revenue are Techtroop Solutions Private Limited, Aspiring Ceo Private Limited, V.V.S. Software and Solutions Private Limited, Vel Micro Systems Private Limited, Instamoney Technology Private Limited and 5 more, all in the Information Technology industry (Application Development).
Sandip Nigam ceased to be Director on 21 Aug 2020. Bhawana Shah was appointed as Director on 10 Apr 2012. Rajesh Shah was appointed as Director on 10 Apr 2012.
Evolve Webinfo can be reached through the website evolvewebinfo.in. Its registered office is in Dewas, Madhya Pradesh, India.