Egniol Services Private Limited

Egniol Services Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U74999GJ2018PTC100537 Incorporated 12 January 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company business outsourcing Startup India MSME · Small
Data last updated
Revenue · FY 2024
₹39.69 Cr
▲ 126% YoY
Net profit · FY 2024
₹1.13 Cr
Net margin 2.9%
EBITDA · FY 2024
₹2.1 Cr
EBITDA margin 5.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹1.41 Cr
Satisfied ₹69.67 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
84
Provident fund records

About Egniol Services Private Limited

Data last updated:

Egniol Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 January 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC100537. Its GSTIN is 24AAECE9073E1ZP (Gujarat). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors Mrugarajsinh Kishorsinh Jadeja and Johnson Mathew.

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 5th Floor – 502 I Square Nr Cims Cross Road Science City Road Sola, Ahmedabad, Gujarat, India – 380060.

As per the financials filed for FY 2024, the company reported a revenue of ₹39.69 Cr, a growth of 126% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 2.9%) and EBITDA of ₹2.1 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 165% over three years.

The company has about 84 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Agrisun and Egniol. As per MCA filings, the company has open charges of ₹1.41 Cr and satisfied charges of ₹69.67 Lakh on record. Court records list 25 cases involving the company, including 25 filed against it; 23 cases are pending.

Egniol Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0005427). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website egniol.co.in.

Company details

CIN U74999GJ2018PTC100537
Registration Number 100537
Incorporation Date 12 January 2018
ROC Ahmedabad
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
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0005427
Key People
Mrugarajsinh Kishorsinh Jadeja Director Johnson Mathew Additional Director

Recognitions & Rankings of Egniol Services

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0005427

Contact details

Egniol Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is egniol.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    egniol.co.in
  • Social Media
  • Registered Address
    5th Floor – 502 I Square Nr Cims Cross Road Science City Road Sola, Ahmedabad, Gujarat, India – 380060
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Egniol Services Private Limited, buy the company report.

Comprehensive company report
Egniol Services Private Limited - one report that includes everything
  • 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
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Brands

Egniol Services operates two associated brands: Agrisun and Egniol. Each brand links to its own profile.

BrandDescriptionWebsite
Agrisun
Online platform for farmers to purchase agricultural supplies and streamline supply chains.agrisun.in
Egniol
MSME loan consultancy and financial services are provided.egniol.co.in

Business activity

The main business activity of Egniol Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Egniol Services Private Limited, buy the company report.

Financials of Egniol Services Private Limited

FY 2024 filings available

Egniol Services Private Limited reported revenue of ₹39.69 Cr (up 126% YoY) for FY 2024.

Revenue · FY 2024
₹39.69 Cr ▲ 126%
Net profit · FY 2024
₹1.13 Cr margin 2.9%
EBITDA · FY 2024
₹2.1 Cr margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 126%
3 years · compounded
▲ 165%
EBITDA CAGR growth
1 year
▲ 93%
3 years · compounded
▲ 92%
5 years · compounded
▲ 250%

Revenue has grown at a compounded annual rate (CAGR) of 165% over three years, including 126% growth in the latest year. EBITDA rose 93% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹39.69 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.1 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.13 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.3%
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

To see the full financial statements and ratios of Egniol Services Private Limited, buy the company report.

Board of directors of Egniol Services Private Limited

Egniol Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mrugarajsinh Kishorsinh Jadeja
Also directs: Egniol Financial Services Private Limited, Varniraj Projects Limited, Lyon Institute for Geostrategy & Multicultural Relations Private Limited and 4 more
Director19 Jan 20233 Years 9 MonthsCurrent
Johnson Mathew
Also directs: Egniol Financial Services Private Limited, Lyon Institute for Geostrategy & Multicultural Relations Private Limited, Egniol Digital Services Private Limited and 5 more
Additional Director07 Dec 20241 Years 10 MonthsCurrent
View all directors

Auditor

Egniol Services Private Limited is audited by D B M K & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
D B M K & COFY 2024145639W

Shareholding

The shareholding of Egniol Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Egniol Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.41 Cr
Satisfied charges
₹69.67 Lakh
Breakdown by lending institutions
Axis Bank Limited₹1.16 Cr
Hdfc Bank Limited₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Aug 2024100991303Hdfc Bank Limited₹24.88 LakhOpen
26 Oct 2023100818917Axis Bank Limited₹1.16 CrOpen
18 Apr 2023100758096Others₹69.67 LakhSatisfied

To see the full charge records of Egniol Services Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Egniol Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Egniol Services Private Limited has a workforce of 84 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
84
Active EPFO establishments
1
Employee growth
42.37%

GST

Egniol Services has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
24AAECE9073E1ZPGujaratActive15 Jul 2020
24AAECE9073E2ZOGujaratActive01 Apr 2025
07AAECE9073E1ZLDelhiActive25 Aug 2023
33AAECE9073E1ZQTamil NaduActive08 Aug 2024

To see the full GST registrations and return filing status of Egniol Services Private Limited, buy the company report.

Recent activity

Egniol Services Private Limited has 10 board changes on record since 2019: 3 appointments and 7 cessations. The latest: Bhavin Rangjibhai Bhabhor ceased to be Director on 09 Dec 2024.

Ceased
Bhavin Rangjibhai Bhabhor ceased to be Director.
Appointed
Johnson Mathew was appointed as Additional Director.
Charges
A charge registered on 18 Apr 2023 via Charge ID 100758096 with Others was fully satisfied on 05 Oct 2024.
AGM
Egniol Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.88 Lakh with Charge ID 100991303 was registered on 03 Aug 2024.
Appointed
Bhavin Rangjibhai Bhabhor was appointed as Director.
Filing
Egniol Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 116.00 Lakh with Charge ID 100818917 was registered on 26 Oct 2023.
Ceased
Mrugarajsinh Kishorsinh Jadeja ceased to be Additional Director.
Ceased
Vishal Patel ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 69.67 Lakh with Charge ID 100758096 was registered on 18 Apr 2023.
Appointed
Mrugarajsinh Kishorsinh Jadeja was appointed as Director.

5 earlier events are in the company report.

News

Frequently asked questions

Egniol Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 January 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC100537.

Egniol Services has 2 current directors:

The latest financial statements of Egniol Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Egniol Services is 24AAECE9073E1ZP, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AAECE9073E2ZO (Gujarat), 07AAECE9073E1ZL (Delhi), 33AAECE9073E1ZQ (Tamil Nadu).

The CIN (Corporate Identification Number) of Egniol Services is U74999GJ2018PTC100537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Egniol Services has 25 court cases on record: 25 filed against it. 23 are pending.

Egniol Services was incorporated on 12 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Bhavin Rangjibhai Bhabhor ceased to be Director on 09 Dec 2024. Johnson Mathew was appointed as Additional Director on 07 Dec 2024. Bhavin Rangjibhai Bhabhor was appointed as Director on 21 Jun 2024. Egniol Services has 10 board changes on record in total.

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

Yes, Egniol Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0005427).