About Easyres Travel Technologies Private Limited
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Easyres Travel Technologies Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63000DL2013PTC260598. Its GSTIN is 07AADCE5451H1ZQ (Delhi).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹94.99 Lakh. It is led by directors including Srikrishna Rangarajan and Bhavna Chopra Srikirshna.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 10 7425 Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2023, the company reported a revenue of ₹40.7 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹86.31 Lakh (net margin -212.1%) and EBITDA of -₹75.97 Lakh (EBITDA margin -186.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over five years.
The company is associated with 1 brand: EasyRes. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in July 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website easyres.in.
Company details
Contact details
Easyres Travel Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is easyres.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 10 7425 Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Easyres Travel Technologies 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
Brands
Easyres Travel Technologies operates one associated brand: EasyRes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SaaS platform providing API and distribution tools for B2B travel businesses. | easyres.in |
Business activity
The main business activity of Easyres Travel Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Easyres Travel Technologies Private Limited, buy the company report.
Financials of Easyres Travel Technologies Private Limited
FY 2023 filings availableEasyres Travel Technologies Private Limited reported revenue of ₹40.7 Lakh (up 3970% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years. EBITDA fell 444% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹40.7 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹75.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹86.31 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -186.6% | ||||
| Net Profit Margin | -212.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Easyres Travel Technologies Private Limited, buy the company report.
Board of directors of Easyres Travel Technologies Private Limited
Easyres Travel Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Chopra Srikirshna | Additional Director | 06 Feb 2021 | 5 Years 8 Months | Current |
| Srikrishna Rangarajan | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
| Harsh Vardhan | Additional Director | 19 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Easyres Travel Technologies Private Limited is audited by VSH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSH & ASSOCIATES | FY 2023 | 012420N |
Shareholding
The shareholding of Easyres Travel Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Easyres Travel Technologies Private Limited, buy the company report.
Deals & funding
Easyres Travel Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in July 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round | ₹40 Lakh | Investors: Homage Ventures |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Easyres Travel Technologies 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 Easyres Travel Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Easyres Travel Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCE5451H1ZQ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Easyres Travel Technologies Private Limited, buy the company report.
Recent activity
Easyres Travel Technologies Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Srikrishna Rangarajan ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Easyres Travel Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 November 2013 (13+ years old) and is registered under CIN U63000DL2013PTC260598.
Easyres Travel Technologies has 3 current directors:
- Bhavna Chopra Srikirshna - Additional Director
- Srikrishna Rangarajan - Director
- Harsh Vardhan - Additional Director
The latest financial statements of Easyres Travel Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Easyres Travel Technologies is 07AADCE5451H1ZQ, registered in Delhi.
The CIN (Corporate Identification Number) of Easyres Travel Technologies is U63000DL2013PTC260598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Easyres Travel Technologies was incorporated on 23 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Easyres Travel Technologies has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in July 2022.
Srikrishna Rangarajan ceased to be Additional Director on 30 Sep 2022. Biswanath Chatterjee ceased to be Director on 31 Mar 2022. Raj Sekhar Menon ceased to be Director on 31 Mar 2022. Easyres Travel Technologies has 7 board changes on record in total.
Easyres Travel Technologies can be reached through the website easyres.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Easyres Travel Technologies is at B – 10 7425 Vasant Kunj, New Delhi, Delhi, India – 110070.
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