
Evontex IT Solutions Private Limited
About Evontex IT Solutions Private Limited
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Evontex IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2021PTC157705.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashwin Kumar Ubale and Bagelikar Vineeth.
Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.25 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹9,034 (net margin -2.8%) and EBITDA of -₹9,034 (EBITDA margin -2.8%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years.
Company details
Recognitions & Rankings of Evontex IT Solutions
Contact details
Evontex IT Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressVaishnavi'S Cynosure Lorven Spaces Second Floor Plotno19 Syno18 Serlingampally Kondapur, Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Other Computer Related Activities
- 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 Evontex IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Evontex IT Solutions Private Limited, buy the company report.
Financials of Evontex IT Solutions Private Limited
FY 2025 filings availableEvontex IT Solutions Private Limited reported revenue of ₹3.25 Lakh (down 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 55% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA rose 14% 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 |
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| EBITDA | -₹9,034 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹9,034 | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -2.8% | |||
| Net Profit Margin | -2.8% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Evontex IT Solutions Private Limited, buy the company report.
Board of directors of Evontex IT Solutions Private Limited
Evontex IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Kumar Ubale | Director | 07 Dec 2021 | 4 Years 10 Months | Current |
| Bagelikar Vineeth | Director | 07 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Evontex IT Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sysind Tech Private Limited | ₹3.25 Lakh (FY 2025) | -69.0% | Chennai, Tamil Nadu, India | |||
| Evontex IT Solutions Private Limitedthis company | ₹3.25 Lakh (FY 2025) | -₹9,034 | -2.8% | -55.0% | Hyderabad, Telangana, India | |
| Root Invest Private Limited | ₹3.25 Lakh (FY 2021) | New Delhi, Delhi, India | ||||
| Publiccloud IT Technologies Private Limited | ₹3.25 Lakh (FY 2024) | 141.0% | Hyderabad, Telangana, India | |||
| Glow Well Consultants Private Limited | ₹3.25 Lakh (FY 2025) | -84.0% | Patna, Bihar, India | |||
| Numberstack Consulting Private Limited | ₹3.25 Lakh (FY 2024) | 44.0% | Jaipur, Rajasthan, India | |||
| Trayambakam Advertising and Communications (OPC) Private Limited | ₹3.25 Lakh (FY 2023) | -74.0% | Bhubaneswar, Odisha, India | |||
| Northpole Technoinfra Private Limited | ₹3.25 Lakh (FY 2019) | 41.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Evontex IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Evontex IT 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 Evontex 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 Evontex IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Evontex IT Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ashwin Kumar Ubale was appointed as Director on 07 Dec 2021.
Frequently asked questions
Evontex IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 December 2021 (5+ years old) and is registered under CIN U72900TG2021PTC157705.
Evontex IT Solutions has 2 current directors:
- Ashwin Kumar Ubale - Director
- Bagelikar Vineeth - Director
The latest financial statements of Evontex IT Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 December 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Evontex IT Solutions is U72900TG2021PTC157705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evontex IT Solutions was incorporated on 07 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Evontex IT Solutions by revenue are Sysind Tech Private Limited, Root Invest Private Limited, Publiccloud IT Technologies Private Limited, Glow Well Consultants Private Limited, Numberstack Consulting Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Ashwin Kumar Ubale was appointed as Director on 07 Dec 2021. Bagelikar Vineeth was appointed as Director on 07 Dec 2021.
Yes, Evontex IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Evontex IT Solutions is at VaishnaviS Cynosure Lorven Spaces Second Floor Plotno19 Syno18 Serlingampally Kondapur, Gachibowli, Hyderabad, Telangana, India – 500032.
Evontex IT Solutions operates in the information technology industry, in the other computer related activities segment.
Evontex IT Solutions can be reached at its registered office: VaishnaviS Cynosure Lorven Spaces Second Floor Plotno19 Syno18 Serlingampally Kondapur, Gachibowli, Hyderabad, Telangana, India – 500032.

