About Elancer IT Solutions Private Limited
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Elancer IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 12 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2016PTC102692. Its GSTIN is 36AAECE1580C1Z0 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lakshmi and Rajan.
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 Vamsiram Suvarna Durga Tech Park, Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.2 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹42.47 Lakh (net margin -2.2%) and EBITDA of ₹56.76 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 15% over five years.
The company has about 531 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elancer IT Solutions Pvt Ltd. As per MCA filings, the company has open charges of ₹8.43 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elancerits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No. 2A 8th Floor Sy. No. 142, Vamsiram Suvarna Durga Tech Park Nanakramguda, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Database Management & Solutions
- 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
Business Activity of Elancer IT Solutions Private Limited
The main business activity of Elancer IT Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Elancer IT Solutions Private Limited FY 2025 filings available
Elancer IT Solutions Private Limited reported revenue of ₹19.2 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elancer IT Solutions Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 67% 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 Elancer IT Solutions 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 | ₹56.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹42.47 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 Elancer IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Elancer IT Solutions are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Elancer IT Solutions Private Limited
Elancer IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Progressive Digital Media Private Limited | ₹20.49 Cr (FY 2021) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Source Hub India Private Limited | ₹20.41 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| STM Document Engineering Private Limited | ₹20.34 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Thiruvananthapuram, Kerala, India |
| TNQ Technologies Private Limited | ₹19.63 Cr (FY 2025) | •••• | •••• | -91.0% | •••• | Chennai, Tamil Nadu, India |
| Tandem Data Processing Private Limited | ₹19.22 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Vadodara, Gujarat, India |
| Elancer IT Solutions Private Limited this company | ₹19.2 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Hyderabad, Telangana, India |
| Zeitview Apac Private Limited | ₹19.16 Cr (FY 2024) | •••• | •••• | 88.0% | •••• | Bangalore, Karnataka, India |
| Virudhunagar Software Analysis Private Limited | ₹19.06 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Virudhunagar, Tamil Nadu, India |
| Attentio Research Center Private Limited | ₹19.02 Cr (FY 2021) | •••• | •••• | -17.0% | •••• | Hyderabad, Telangana, India |
| Vue Data Technologies Private Limited | ₹18.66 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| HB Software Solutions India Private Limited | ₹18.41 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Elancer IT Solutions by revenue in the Information Technology industry (Database Management), 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 Elancer IT Solutions Private Limited
Elancer IT Solutions Private Limited is audited by BRR & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BRR & 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.
Board of Directors of Elancer IT Solutions Private Limited
Elancer IT Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi | Director | 01 Jul 2017 | 9 Years 3 Months | Current |
| Rajan | Director | 12 Jan 2016 | 10 Years 8 Months | Current |
| Ganta Nandini | Director | 12 Jan 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Elancer IT Solutions 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 Elancer IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2024 | Hdfc Bank Limited | ₹8.21 Cr | Open |
| 04 Jan 2024 | Hdfc Bank Limited | ₹7.7 Lakh | Open |
| 05 Jul 2022 | Hdfc Bank Limited | ₹15.11 Lakh | Open |
Total charge records: 3 View all charges
Associated Brands with Elancer IT Solutions Private Limited
Elancer IT Solutions operates one associated brand: Elancer IT Solutions Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data annotation and pre-processing services for AI and machine learning applications. | elancerits.com |
Employees and EPFO Compliance at Elancer IT Solutions Private Limited
Elancer IT Solutions Private Limited has a workforce of 531 employees as of Apr 02, 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 Elancer IT Solutions Private Limited
Elancer IT Solutions Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Lakshmi ceased to be Additional Director on 29 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Elancer IT Solutions 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 Elancer IT Solutions 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 Elancer IT Solutions 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 Elancer IT Solutions Private Limited
Elancer IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECE1580C1Z0 | Telangana | Active | 01 Jul 2017 |
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 Elancer IT Solutions 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 Elancer IT Solutions Private Limited
Elancer IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 12 January 2016 (10+ years old) and is registered under CIN U72200TG2016PTC102692.
Elancer IT Solutions reported revenue of ₹19.2 Cr for FY 2025 (down 5% YoY).
Elancer IT Solutions has 3 current directors:
- Lakshmi - Director
- Rajan - Director
- Ganta Nandini - Director
Elancer IT Solutions reported a net loss of ₹42.47 Lakh (net margin -2.2%) and EBITDA of ₹56.76 Lakh (EBITDA margin 3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elancer IT Solutions is 9% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elancer IT Solutions is 36AAECE1580C1Z0, registered in Telangana.
The CIN (Corporate Identification Number) of Elancer IT Solutions is U72200TG2016PTC102692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elancer IT Solutions was incorporated on 12 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Elancer IT Solutions by revenue are Progressive Digital Media Private Limited, Source Hub India Private Limited, STM Document Engineering Private Limited, TNQ Technologies Private Limited, Tandem Data Processing Private Limited and 5 more, all in the Information Technology industry (Database Management).
Lakshmi ceased to be Additional Director on 29 Sep 2017. Lakshmi was appointed as Director on 01 Jul 2017. Ganta Nandini was appointed as Director on 12 Jan 2016. Elancer IT Solutions has 4 board changes on record in total.
Elancer IT Solutions can be reached through the website elancerits.com. Its registered office is in Hyderabad, Telangana, India.