Easytech Solutions Private Limited

Easytech Solutions Private Limited - information technology in Bhubaneswar, Orissa, India. Directors, charges & compliance details.
CIN U72900OR2016PTC025245 Incorporated 14 May 2016 ROC Cuttack HQ Bhubaneswar, Orissa, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹5.32 Cr
▲ 64% YoY
Net profit · FY 2024
₹15.42 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹22.07 Lakh
EBITDA margin 4.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Easytech Solutions Private Limited

Data last updated:

Easytech Solutions Private Limited is a private limited company based in Bhubaneswar, Orissa, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 14 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2016PTC025245.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjay Kumar Samal and Gayatri Sahoo.

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 Plot No. Mig – II – 70 Patia Kanan Vihar Phase – 2, Bhubaneswar, Orissa, India – 751024.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.32 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹15.42 Lakh (net margin 2.9%) and EBITDA of ₹22.07 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 181% over three years and 134% over five years.

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Easytech Solutions Private Limited
CIN U72900OR2016PTC025245
Registration Number 025245
Incorporation Date 14 May 2016
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. Mig – II – 70 Patia Kanan Vihar Phase – 2, Bhubaneswar, Orissa, India – 751024
  • Industry
    Information Technology, IT Products Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Easytech Solutions Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Easytech Solutions Private Limited

The main business activity of Easytech Solutions is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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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.

Board of Directors of Easytech Solutions Private Limited

Easytech Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay Kumar SamalDirector14 May 201610 Years 4 MonthsCurrent
Gayatri SahooDirector31 Mar 20215 Years 6 MonthsCurrent
Deviprasad PradhanDirector15 Jan 20251 Years 8 MonthsCurrent

Financials of Easytech Solutions Private Limited FY 2024 filings available

Easytech Solutions Private Limited reported revenue of ₹5.32 Cr (up 64% YoY) for FY 2024.

Revenue · FY 2024
₹5.32 Cr ▲ 64%
Net profit · FY 2024
₹15.42 Lakh margin 2.9%
EBITDA · FY 2024
₹22.07 Lakh margin 4.1%

Compounded Annual Growth Rate (CAGR) of Easytech Solutions Private Limited

Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 181%
5 years · compounded
▲ 134%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 156%
5 years · compounded
▲ 137%

Revenue has grown at a compounded annual rate (CAGR) of 134% over five years, including 64% growth in the latest year. EBITDA rose 25% 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 Easytech Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹22.07 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹15.42 Lakh••••••••••••••••
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 Easytech Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.1%••••••••••••••••
Net Profit Margin2.9%••••••••••••••••
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 Easytech Solutions are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Charges & Borrowings of Easytech Solutions Private Limited

Easytech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Easytech Solutions Private Limited

Employment history and EPFO contributions of people linked to Easytech Solutions.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Easytech Solutions Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Easytech Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Easytech Solutions Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Easytech Solutions Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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MCA Filings & Documents of Easytech Solutions Private Limited

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MCA filings and documents

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Recent Activity on Easytech Solutions Private Limited

Directors
15 Jan 2025
Deviprasad Pradhan was appointed as a Director on 15 Jan 2025 & has been associated with this company since 1 year 8 months.
Activity
30 Sep 2024
Easytech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Easytech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Directors
31 Mar 2021
Gayatri Sahoo was appointed as a Director on 31 Mar 2021 & has been associated with this company since 5 years 6 months.
Directors
14 May 2016
Sanjay Kumar Samal was appointed as a Director on 14 May 2016 & has been associated with this company since 10 years 4 months.
Activity
14 May 2016
Easytech Solutions Private Limited was registered on 14 May 2016 with Roc Cuttack & aged 10 years 4 months as per MCA records.

Frequently Asked Questions about Easytech Solutions Private Limited

Easytech Solutions is an active private limited company based in Bhubaneswar, Orissa, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 14 May 2016 (10+ years old) and is registered under CIN U72900OR2016PTC025245.

Easytech Solutions reported revenue of ₹5.32 Cr for FY 2024 (up 64% YoY).

Easytech Solutions has 3 current directors:

Easytech Solutions reported a net profit of ₹15.42 Lakh (net margin 2.9%) and EBITDA of ₹22.07 Lakh (EBITDA margin 4.1%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Easytech Solutions is 181% over three years and 134% over five years. In the latest year (FY 2024) revenue rose 64%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Easytech Solutions is U72900OR2016PTC025245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Easytech Solutions has 1 court case on record: 1 filed against it. 1 is pending.

Easytech Solutions was incorporated on 14 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.

Yes, Easytech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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