Econeur Business Solutions Private Limited
About Econeur Business Solutions Private Limited
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Econeur Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business process outsourcing sector. It was incorporated on 11 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74993KA2018PTC113041. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vyshnav M Arun and Rajarao Gopinath Gaurav Bharadwaj.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at # 35 Davalath Second Floor Sampige Main Road Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2020, the company reported a revenue of ₹38,850, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹5,123 (net margin 13.2%) and EBITDA of ₹12,759 (EBITDA margin 32.8%).
Company details
Contact details
Econeur Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# 35 Davalath Second Floor Sampige Main Road Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Econeur Business Solutions 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
Business activity
The main business activity of Econeur Business Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Econeur Business Solutions Private Limited, buy the company report.
Financials of Econeur Business Solutions Private Limited
FY 2020 filings availableEconeur Business Solutions Private Limited reported revenue of ₹38,850 (down 93% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA rose 270% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹38,850 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹12,759 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹5,123 | |
| 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
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 32.8% | |
| Net Profit Margin | 13.2% | |
| 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 | ||
To see the full financial statements and ratios of Econeur Business Solutions Private Limited, buy the company report.
Board of directors of Econeur Business Solutions Private Limited
Econeur Business Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vyshnav M Arun | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
| Rajarao Gopinath Gaurav Bharadwaj | Director | 11 May 2018 | 8 Years 5 Months | Current |
| Yash Nelahonne | Additional Director | 17 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Econeur Business Solutions Private Limited is audited by CHARLES & CHANDRASEKAR for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHARLES & CHANDRASEKAR | FY 2020 | 005759S |
Shareholding
The shareholding of Econeur Business Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Econeur Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Econeur Business Solutions 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 Econeur Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Econeur Business Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Econeur Business Solutions Private Limited, buy the company report.
Recent activity
Econeur Business Solutions Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Nagaraj Meghashree ceased to be Director on 27 Oct 2022.
Frequently asked questions
Econeur Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 11 May 2018 (8+ years old) and is registered under CIN U74993KA2018PTC113041.
Econeur Business Solutions has 3 current directors:
- Vyshnav M Arun - Director
- Rajarao Gopinath Gaurav Bharadwaj - Director
- Yash Nelahonne - Additional Director
The latest financial statements of Econeur Business Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Econeur Business Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Econeur Business Solutions is U74993KA2018PTC113041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Econeur Business Solutions was incorporated on 11 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Nagaraj Meghashree ceased to be Director on 27 Oct 2022. Vyshnav M Arun was appointed as Director on 14 Jul 2021. Vishal Singh ceased to be Director on 17 Aug 2018. Econeur Business Solutions has 5 board changes on record in total.
The registered office of Econeur Business Solutions is at # 35 Davalath Second Floor Sampige Main Road Malleshwaram, Bangalore, Karnataka, India – 560003.
Econeur Business Solutions operates in the business outsourcing industry, in the business process outsourcing segment.
Econeur Business Solutions can be reached at its registered office: # 35 Davalath Second Floor Sampige Main Road Malleshwaram, Bangalore, Karnataka, India – 560003.
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