- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-06-0000120

About Ecofin Services India Private Limited
Data last updated:
Ecofin Services India Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 11 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65990AP2008PTC057553. Its GSTIN is 36AABCE9451D1ZR (Telangana).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.74 Cr. It is led by directors Ramprasad Polavarapu and Krishna Murthy Yelamanchili.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No:71 – 3 – 15 Kanakamedala Nivas Koneruvari Street Patamata, Vijayawada, Andhra Pradesh, India – 520010.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.22 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹30,462 (net margin 0.5%) and EBITDA of ₹3.9 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ecofin Services.
Ecofin Services India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0000120). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecofinservices.com.
Recognitions & Rankings of Ecofin Services India
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD.No:71 – 3 – 15 Kanakamedala Nivas Koneruvari Street Patamata, Vijayawada, Andhra Pradesh, India – 520010
- IndustryInternet, Online Financial 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
Associated Brands with Ecofin Services India Private Limited
Ecofin Services India operates one associated brand: Ecofin Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Short-term personal loans are offered via app to salaried individuals. | ecofinservices.com |
Business Activity of Ecofin Services India Private Limited
The main business activity of Ecofin Services India is financial and insurance service. In detail, this covers fund management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services | 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 Ecofin Services India Private Limited FY 2025 filings available
Ecofin Services India Private Limited reported revenue of ₹60.22 Lakh (up 156% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ecofin Services India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 37% over three years, including 156% growth in the latest year. EBITDA rose 121% 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 Ecofin Services India 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30,462 | •••• | •••• | •••• | •••• |
| 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 Ecofin Services India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Ecofin Services India 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.
Board of Directors of Ecofin Services India Private Limited
Ecofin Services India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramprasad Polavarapu Also directs: Almaa Properties Private Limited, Xenon Info Solutions Private Limited, Jobsmama Workforce Private Limited and 4 more | Director | 16 Mar 2023 | 3 Years 7 Months | Current |
| Krishna Murthy Yelamanchili Also directs: Ecofin Chit Fund Private Limited, Almaa Properties Private Limited, Eateam Solutions Private Limited and 5 more | Director | 29 Mar 2014 | 12 Years 6 Months | Current |
Peer Comparison of Ecofin Services India Private Limited
Ecofin Services India Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Morning Due Finance Pvt Ltd | ₹60.58 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| Santosh Development and Finance Company Limited | ₹60.54 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| Finconvenio Services Private Limited | ₹60.52 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Chennai, Tamil Nadu, India |
| Jainex Finance Limited | ₹60.5 Lakh (FY 2024) | •••• | •••• | 102.0% | •••• | Guwahati, Assam, India |
| Attar Finance and Investment Company Pvt Ltd | ₹60.4 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Mumbai, Maharashtra, India |
| Ecofin Services India Private Limited this company | ₹60.22 Lakh (FY 2025) | •••• | •••• | 156.0% | •••• | Vijayawada, Andhra Pradesh, India |
| The Baluanand Finance Limited | ₹60.14 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
| Welquo Services Private Limited | ₹60.12 Lakh (FY 2022) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
| Munoth Finance and Leasing Limited | ₹60.08 Lakh (FY 2024) | •••• | •••• | 815.0% | •••• | Ahmedabad, Gujarat, India |
| Rag Finance (Bombay) Private Limited | ₹59.94 Lakh (FY 2024) | •••• | •••• | 207.0% | •••• | Mumbai, Maharashtra, India |
| Astra Finance Pvt Ltd | ₹59.91 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ecofin Services India by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ecofin Services India Private Limited
Ecofin Services India Private Limited is audited by SSVS & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SSVS & 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.
Ownership and Shareholding of Ecofin Services India 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 Ecofin Services India Private Limited
Ecofin Services India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ecofin Services India Private Limited
Ecofin Services India Private Limited has a workforce of 3 employees as of Mar 30, 2024.
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.
Recent Activity on Ecofin Services India Private Limited
Ecofin Services India Private Limited has 11 board changes on record since 2014: 2 appointments and 9 cessations. The latest: Ramprasad Polavarapu ceased to be Additional Director on 28 Sep 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ecofin Services India 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 Ecofin Services India 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 Ecofin Services India 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 Ecofin Services India Private Limited
Ecofin Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCE9451D1ZR | Telangana | Active | 13 Mar 2020 |
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 Ecofin Services India 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 Ecofin Services India Private Limited
Ecofin Services India is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in online financial services, within the internet industry. It was incorporated on 11 February 2008 (18+ years old) and is registered under CIN U65990AP2008PTC057553.
Ecofin Services India reported revenue of ₹60.22 Lakh for FY 2025 (up 156% YoY).
Ecofin Services India has 2 current directors:
- Ramprasad Polavarapu - Director
- Krishna Murthy Yelamanchili - Director
Ecofin Services India reported a net profit of ₹30,462 (net margin 0.5%) and EBITDA of ₹3.9 Lakh (EBITDA margin 6.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ecofin Services India is 37% over three years. In the latest year (FY 2025) revenue rose 156%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ecofin Services India is 36AABCE9451D1ZR, registered in Telangana.
The CIN (Corporate Identification Number) of Ecofin Services India is U65990AP2008PTC057553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecofin Services India was incorporated on 11 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Ecofin Services India by revenue are Morning Due Finance Pvt Ltd, Santosh Development and Finance Company Limited, Finconvenio Services Private Limited, Jainex Finance Limited, Attar Finance and Investment Company Pvt Ltd and 5 more, all in the Ecommerce and Internet industry (Finance).
Ramprasad Polavarapu ceased to be Additional Director on 28 Sep 2023. Ramprasad Polavarapu was appointed as Director on 16 Mar 2023. Ashok Rajagiri Bhumaiah ceased to be Additional Director on 29 Sep 2022. Ecofin Services India has 11 board changes on record in total.
Yes, Ecofin Services India is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-06-0000120).