About Elait IT Technology Services Private Limited
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Elait IT Technology Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Elait Limited, United Kingdom. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2011PTC081262. Its GSTIN is 33AACCE8136G1ZU (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Radha Suryanarayanan and Sivakumar Dhandayuthapani.
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 The Magnolia Plot No. 116 5th Street Mcn Nagar Layout Okkiyam Thoraipakkam, Chennai, Tamil Nadu, India – 600097.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.38 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹15.72 Lakh (net margin -0.5%) and EBITDA of ₹36.79 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 32% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elait.com.
Company details
Contact details
Elait IT Technology Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is elait.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Magnolia Plot No. 116 5th Street Mcn Nagar Layout Okkiyam Thoraipakkam, Chennai, Tamil Nadu, India – 600097
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Elait IT Technology Services 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 Elait IT Technology Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Elait IT Technology Services Private Limited, buy the company report.
Financials of Elait IT Technology Services Private Limited
FY 2024 filings availableElait IT Technology Services Private Limited reported revenue of ₹29.38 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 12% growth in the latest year. EBITDA fell 72% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹36.79 Lakh | ||||
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| Net Profit (PAT) | -₹15.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | -0.5% | ||||
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To see the full financial statements and ratios of Elait IT Technology Services Private Limited, buy the company report.
Board of directors of Elait IT Technology Services Private Limited
Elait IT Technology Services has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Suryanarayanan | Director | 14 Jul 2017 | 9 Years 3 Months | Current |
| Sivakumar Dhandayuthapani | Director | 14 Oct 2011 | 15 Years 0 Months | Current |
| Robert Raymond Jude Saldanha | Director | 28 Jun 2011 | 15 Years 3 Months | Current |
| Andrew Jeffree Davis | Additional Director | 20 Jan 2025 | 1 Years 9 Months | Current |
| Giyarpuram Nadathur Raghunath | Additional Director | 20 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Elait IT Technology Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Delta Iot Solutions Private Limited | ₹29.56 Cr (FY 2025) | -13.0% | Old Alwal, Tirumalgiri, Telangana, India | |||
| Driveu Mobility Solutions Private Limited | ₹29.55 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Prakash Software Solutions Private Limited | ₹29.53 Cr (FY 2025) | 15.0% | Vadodara, Gujarat, India | |||
| Karexpert Technologies Private Limited | ₹29.4 Cr (FY 2025) | 21.0% | Gurgaon, Haryana, India | |||
| Harsuk Technologies Private Limited | ₹29.39 Cr (FY 2024) | 154.0% | Kichha, Uttarakhand, India | |||
| Elait IT Technology Services Private Limitedthis company | ₹29.38 Cr (FY 2024) | -₹15.72 Lakh | -0.5% | 12.0% | Chennai, Tamil Nadu, India | |
| Proxelera Private Limited | ₹29.28 Cr (FY 2025) | 186.0% | Bangalore, Karnataka, India | |||
| Everestek Technosoft Solutions Private Limited | ₹29.27 Cr (FY 2024) | 12.0% | Thane, Maharashtra, India | |||
| Vintorix Private Limited | ₹29.27 Cr (FY 2024) | 324.0% | Chennai, Tamil Nadu, India | |||
| Soft Suave Technologies Private Limited | ₹29.27 Cr (FY 2024) | -5.0% | Chennai, Tamil Nadu, India | |||
| Fiftyfive Technologies Private Limited | ₹29.25 Cr (FY 2024) | 55.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Elait IT Technology Services Private Limited, buy the company report.
Auditor
Elait IT Technology Services Private Limited is audited by K SARAVANAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K SARAVANAN & ASSOCIATES | FY 2023 | 205078 |
Shareholding
The shareholding of Elait IT Technology Services 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elait IT Technology Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elait IT Technology Services 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 Elait IT Technology Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elait IT Technology Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCE8136G1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 29AACCE8136G2ZI | Karnataka | Active | 09 Apr 2021 |
To see the full GST registrations and return filing status of Elait IT Technology Services Private Limited, buy the company report.
Recent activity
Elait IT Technology Services Private Limited has 6 board changes on record since 2011: 5 appointments and 1 cessation. The latest: Andrew Jeffree Davis was appointed as Additional Director on 20 Jan 2025.
Frequently asked questions
Elait IT Technology Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 June 2011 (15+ years old) and is registered under CIN U72900TN2011PTC081262.
Elait IT Technology Services has 5 current directors:
- Radha Suryanarayanan - Director
- Sivakumar Dhandayuthapani - Director
- Robert Raymond Jude Saldanha - Director
- Andrew Jeffree Davis - Additional Director
- Giyarpuram Nadathur Raghunath - Additional Director
The latest financial statements of Elait IT Technology 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 2015 are in the company report.
The GSTIN of Elait IT Technology Services is 33AACCE8136G1ZU, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCE8136G2ZI (Karnataka).
The CIN (Corporate Identification Number) of Elait IT Technology Services is U72900TN2011PTC081262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elait IT Technology Services was incorporated on 28 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Elait IT Technology Services by revenue are Delta Iot Solutions Private Limited, Driveu Mobility Solutions Private Limited, Prakash Software Solutions Private Limited, Karexpert Technologies Private Limited, Harsuk Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Andrew Jeffree Davis was appointed as Additional Director on 20 Jan 2025. Giyarpuram Nadathur Raghunath was appointed as Additional Director on 20 Jan 2025. Radha Suryanarayanan was appointed as Director on 14 Jul 2017. Elait IT Technology Services has 6 board changes on record in total.
Elait IT Technology Services can be reached through the website elait.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Elait IT Technology Services is at The Magnolia Plot No. 116 5th Street Mcn Nagar Layout Okkiyam Thoraipakkam, Chennai, Tamil Nadu, India – 600097.
Elait IT Technology Services operates in the information technology industry, in the application development and software solutions segment.