About EUCIT Systems
EUCIT Systems is a Technology company based in Mumbai (India) founded in 2019. It delivers comprehensive IT solutions including application support, cloud services, and cybersecurity. It operates on a B2B model. Its Indian entity Eucit Systems Private Limited reported revenue of ₹77 Lakh. Its focus areas include IT Services, Infrastructure Management and Cloud and Cybersecurity. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 4 of its 9 listed similar companies have raised funding.
Company details
EUCIT Systems delivers comprehensive it solutions including application support, cloud services, and cybersecurity, focusing on leveraging cutting-edge technology, providing IT services, infrastructure management, and cloud and cybersecurity. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Mumbai, India
- SectorsTechnology
- Email••••••••
- Website eucit.in
- Legal Name Eucit Systems Private Limited
- Date of Incorporation 23 May, 2019
- Jurisdiction Worli Koliwada, Mumbai, Maharashtra, India
- Annual Revenue₹77 Lakh
FY 2024 · -43% YoY
- Net Loss-₹40.9 Lakh
FY 2024 · -53% margin
- EBITDA-₹40.5 Lakh
FY 2024 · -53% margin
Associated legal entities of EUCIT Systems
EUCIT Systems operates through Eucit Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Eucit Systems Private Limited CIN U72900MH2019PTC325763 | Active | 23 May 2019 | Mumbai, Maharashtra | ₹0.8 Cr | – | 2 | View details |
Board of directors of Eucit Systems Private Limited (EUCIT Systems)
Eucit Systems Private Limited is the primary company behind EUCIT Systems. The board of Eucit Systems Private Limited currently have 2 directors; the longest-serving is Kiran Ranjit Surve, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Ranjit Surve DIN 08460971 | Director | 23 May 2019 | 7 yrs 4 mo | Eucit Systems Private Limited |
| Ranjit Babasaheb Surve DIN 08460970 | Director | 23 May 2019 | 7 yrs 4 mo | Eucit Systems Private Limited |
Financials of EUCIT Systems
Figures of Eucit Systems Private Limited, the primary company behind EUCIT Systems, for FY 2024. Revenue was ₹77 Lakh (-43% year on year). Net loss was -₹40.9 Lakh (-53% margin). EBITDA was -₹40.5 Lakh (-53% margin). Revenue has grown at a compounded annual rate of +59% over three years.
- ₹77 LakhRevenue · FY 2024 · -43% YoY
- -₹40.9 LakhNet loss · -53% margin
- -₹40.5 LakhEBITDA · -53% margin
- ₹1 LakhPaid-up capital
- +59%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Eucit Systems Private Limited are on its company page.
Detailed financial statements for EUCIT Systems
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Similar companies to EUCIT Systems
EUCIT Systems has 9 listed similar companies in our database, 4 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| girnarsoft.com | 2007 | Jaipur, India | $736.02M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed similar companies of EUCIT Systems
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Top companies in IT Services & Operations
10 companies that operate in the same segment as EUCIT Systems (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about EUCIT Systems
EUCIT Systems was founded in 2019.
EUCIT Systems is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind EUCIT Systems, Eucit Systems Private Limited, reported revenue of ₹77 Lakh for FY 2024, down 43% year on year.
EUCIT Systems delivers comprehensive it solutions including application support, cloud services, and cybersecurity, focusing on leveraging cutting-edge technology, providing IT services, infrastructure management, and cloud and cybersecurity. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
EUCIT Systems's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
EUCIT Systems operates through Eucit Systems Private Limited.
The legal entities of EUCIT Systems currently have 2 directors, including Kiran Ranjit Surve, Ranjit Babasaheb Surve.