About E Square System & Technologies Private Limited
Data last updated:
E Square System & Technologies Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72200OR2009PTC010659. Its GSTIN is 21AACCE1498B1Z6 (Odisha). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹65.4 Lakh. It is led by directors Dhirendra Kumar Khandelwal (Managing Director) and Lalita Devi Khandelwal.
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 Dcb # 707 – 709 DLF Cybercity Patia Bhubaneswar, Orissa, India – 751024.
As per the financials filed for FY 2025, the company reported a revenue of ₹176.84 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹6.62 Cr (net margin 3.7%) and EBITDA of ₹10.99 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 25% over five years.
The company has about 182 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: ESTPL. As per MCA filings, the company has open charges of ₹70.28 Cr and satisfied charges of ₹3.5 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹40.4 Lakh; the latest was in July 2021. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Check Point Software Technologies India Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website estpl.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDcb # 707 – 709 DLF Cybercity Patia Bhubaneswar, Orissa, India – 751024
- IndustryInformation Technology, IT Consulting & Support 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 E Square System & Technologies Private Limited
The main business activity of E Square System & Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 E Square System & Technologies Private Limited FY 2024 filings available
E Square System & Technologies Private Limited reported revenue of ₹176.84 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of E Square System & Technologies Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 7% 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 E Square System & Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.62 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of E Square System & Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 E Square System & Technologies 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.
Peer Comparison of E Square System & Technologies Private Limited
E Square System & Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Check Point Software Technologies India Private Limited | •••• | •••• | •••• | •••• | 345 | New Delhi, Delhi, India |
| Silica Infotech Private Limited | •••• | •••• | •••• | •••• | 301 | New Delhi, Delhi, India |
| Mobily Infotech India Private Limited | •••• | •••• | •••• | •••• | 479 | Bangalore, Karnataka, India |
| Acqueon Technologies Private Limited | •••• | •••• | •••• | •••• | 228 | Chennai, Tamil Nadu, India |
| Silverlink Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| E Square System & Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Simform Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Rox Hi-Tech Limited | •••• | •••• | •••• | •••• | 41 | Chennai, Tamil Nadu, India |
| Changepond Technologies Private Limited | •••• | •••• | •••• | •••• | 862 | Chennai, Tamil Nadu, India |
| Harbinger Systems Private Limited | •••• | •••• | •••• | •••• | 605 | Pune, Maharashtra, India |
| Egon Zehnder Information and Research Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below E Square System & Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of E Square System & Technologies Private Limited
E Square System & Technologies Private Limited is audited by A MOHAPATRA & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A MOHAPATRA & 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.
Board of Directors of E Square System & Technologies Private Limited
E Square System & Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhirendra Kumar Khandelwal Also directs: E Square Techcon Private Limited, Super AI Polaris Private Limited | Managing Director | 06 Mar 2009 | 17 Years 7 Months | Current |
| Lalita Devi Khandelwal | Director | 06 Mar 2009 | 17 Years 7 Months | Current |
Ownership and Shareholding of E Square System & Technologies 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 E Square System & Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2024 | Hdfc Bank Limited | ₹70 Lakh | Open |
| 26 Oct 2023 | Others | ₹22 Cr | Open |
| 23 May 2023 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 30 Jul 2021 | Hdfc Bank Limited | ₹43.98 Cr | Open |
| 14 Dec 2020 | Others | ₹3 Cr | Open |
Total charge records: 6 View all charges
Deals & Funding of E Square System & Technologies Private Limited
E Square System & Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹40.4 Lakh; the latest was in July 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round | ₹20 Lakh | Investors: 2 individuals |
| Mar 2011 | Funding round | ₹20.4 Lakh | Investors: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of E Square System & Technologies Private Limited
E Square System & Technologies Private Limited has 7 court cases on record: 4 filed by E Square System & Technologies, 1 filed against it, 2 where it is another party. 2 cases are pending and 5 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against Akshara Enterprises Private Limited | Pending |
| District court, Cuttack, Odisha | Court case (Ex.P.) | Filed by the company against Chattisgarh State Agricultural Marketing (Mandi) Board(158/20) | Pending |
| District court, Cuttack, Odisha | Arbitration matter | Filed against the company by Chhattisgarh State Agriculture Marketing ( Mandi) Board | Disposed |
| High Court of Orissa | Writ petition | Company is another party | Disposed |
| District court, Cuttack, Odisha | Court case (Ex.P.) | Filed by the company against Chattisgarh State Agricultural Marketing (Mandi) Board | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at E Square System & Technologies Private Limited
E Square System & Technologies Private Limited has a workforce of 182 employees as of Sep 03, 2025.
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.
Group Structure of E Square System & Technologies Private Limited
E Square System & Technologies has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| E Square Techcon Private Limited | U45309OR2022PTC039075 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on E Square System & Technologies Private Limited
E Square System & Technologies Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Dhirendra Kumar Khandelwal was appointed as Managing Director on 06 Mar 2009.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for E Square System & Technologies 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 E Square System & Technologies 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 E Square System & Technologies 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 E Square System & Technologies Private Limited
E Square System & Technologies has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCE1498B1Z6 | Odisha | Active | 01 Jul 2017 |
| 07AACCE1498B1ZW | Delhi | Active | 01 Jul 2017 |
| 19AACCE1498B1ZR | West Bengal | Active | 03 May 2018 |
| 18AACCE1498B1ZT | Assam | Active | 22 Sep 2023 |
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 E Square System & Technologies 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 E Square System & Technologies Private Limited
E Square System & Technologies is an active private limited company based in Bhubaneswar, Orissa, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 March 2009 (17+ years old) and is registered under CIN U72200OR2009PTC010659.
E Square System & Technologies reported revenue of ₹176.84 Cr for FY 2025 (down 14% YoY).
E Square System & Technologies has 2 current directors:
- Dhirendra Kumar Khandelwal - Managing Director
- Lalita Devi Khandelwal - Director
E Square System & Technologies reported a net profit of ₹6.62 Cr (net margin 3.7%) and EBITDA of ₹10.99 Cr (EBITDA margin 6.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of E Square System & Technologies is 19% over three years and 25% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of E Square System & Technologies is 21AACCE1498B1Z6, registered in Odisha. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AACCE1498B1ZW (Delhi), 19AACCE1498B1ZR (West Bengal), 18AACCE1498B1ZT (Assam).
The CIN (Corporate Identification Number) of E Square System & Technologies is U72200OR2009PTC010659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
E Square System & Technologies has 7 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
E Square System & Technologies was incorporated on 06 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.
E Square System & Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹40.4 Lakh; the latest was in July 2021.
The peers of E Square System & Technologies by revenue are Check Point Software Technologies India Private Limited, Silica Infotech Private Limited, Mobily Infotech India Private Limited, Acqueon Technologies Private Limited, Silverlink Technologies Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).