Elastic Technologies (India) Private Limited
About Elastic Technologies (India) Private Limited
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Elastic Technologies (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Elastic N.V.. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC145533. Its GSTIN is 29AAGCE3850P1Z1 (Karnataka).
The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹4.95 Cr. It is led by directors including Virendra Babulal Jain and Jane Elizabeth Bone.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Embassy Golf Links Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹230.98 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹26.93 Cr (net margin 11.7%) and EBITDA of ₹41.28 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years.
The company has about 167 employees on its provident fund (EPFO) records.
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- Registered Address1st Floor Sunriver Wing A’’ Embassy Golf Links Business Park Intermediate Ring Road Ch, Allaghatta, Bangalore, Karnataka, India – 560071
- IndustryInformation Technology, Software Development & Support 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
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Business Activity of Elastic Technologies (India) Private Limited
The main business activity of Elastic Technologies (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Elastic Technologies (India) Private Limited FY 2025 filings available
Elastic Technologies (India) Private Limited reported revenue of ₹230.98 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elastic Technologies (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 80% over three years, including 32% growth in the latest year. EBITDA rose 19% 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 Elastic Technologies (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 | ₹41.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.93 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 of Elastic Technologies (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.7% | •••• | •••• | •••• | •••• |
| 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 Elastic Technologies (India) are in the company report.
Financial statements from FY 2021
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 Elastic Technologies (India) Private Limited
Elastic Technologies (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kotak Mahindra Trustee Company Limited | ₹239.81 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Revvity Healthcare (India) Private Limited | ₹238.14 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Thane, Maharashtra, India |
| Honda R&D (India) Private Limited | ₹237.64 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Manesar, Haryana, India |
| Cyient Insights Private Limited | ₹235.41 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Hyderabad, Telangana, India |
| Siddhidhatri Retail Private Limited | ₹234.21 Cr (FY 2025) | •••• | •••• | -68.0% | •••• | Bgsouth, Karnataka, India |
| Elastic Technologies (India) Private Limited this company | ₹230.98 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
| Aparajitha Corporate Services Private Limited | ₹230.8 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Madurai, Tamil Nadu, India |
| Basf Chemicals India Private Limited | ₹229.11 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Tracelink India Private Limited | ₹227.93 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| D'life Interiors Private Limited | ₹227.51 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ernakulam, Kerala, India |
| Della Tecnica Interior Design Private Limited | ₹224.18 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Elastic Technologies (India) by revenue in the Consumer Services industry (Professional Services), 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 Elastic Technologies (India) Private Limited
Elastic Technologies (India) Private Limited is audited by PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP | 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 Elastic Technologies (India) Private Limited
Elastic Technologies (India) 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 |
|---|---|---|---|---|
| Virendra Babulal Jain Also directs: Affival India Private Limited, Figma India Private Limited, Apax Partners India Advisers Private Limited and 4 more | Director | 19 Mar 2021 | 5 Years 6 Months | Current |
| Jane Elizabeth Bone | Director | 19 Mar 2021 | 5 Years 6 Months | Current |
| Heather Leigh Norko | Director | 21 Dec 2022 | 3 Years 9 Months | Current |
Ownership and Shareholding of Elastic Technologies (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 Elastic Technologies (India) Private Limited
Elastic Technologies (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Elastic Technologies (India) Private Limited
Elastic Technologies (India) Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 64 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amd Management Consulting LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Opcito Technologies Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Konfhub Technologies LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Elastic Technologies (India) Private Limited
Elastic Technologies (India) Private Limited has a workforce of 167 employees as of Apr 04, 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 Elastic Technologies (India) Private Limited
Elastic Technologies (India) Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Heather Leigh Norko was appointed as Director on 21 Dec 2022.
Credit Ratings, Litigation & Regulatory Alerts for Elastic Technologies (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.
Subsidiaries & Group Companies of Elastic Technologies (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 Elastic Technologies (India) Private Limited
Elastic Technologies (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCE3850P1Z1 | Karnataka | Active | 02 Jul 2021 |
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 Elastic Technologies (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 Elastic Technologies (India) Private Limited
Elastic Technologies (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 March 2021 (5+ years old) and is registered under CIN U72900KA2021FTC145533.
Elastic Technologies (India) reported revenue of ₹230.98 Cr for FY 2025 (up 32% YoY).
Elastic Technologies (India) has 3 current directors:
- Virendra Babulal Jain - Director
- Jane Elizabeth Bone - Director
- Heather Leigh Norko - Director
Elastic Technologies (India) reported a net profit of ₹26.93 Cr (net margin 11.7%) and EBITDA of ₹41.28 Cr (EBITDA margin 17.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elastic Technologies (India) is 80% over three years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elastic Technologies (India) is 29AAGCE3850P1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Elastic Technologies (India) is U72900KA2021FTC145533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elastic Technologies (India) was incorporated on 19 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Elastic Technologies (India) by revenue are Kotak Mahindra Trustee Company Limited, Revvity Healthcare (India) Private Limited, Honda R&D (India) Private Limited, Cyient Insights Private Limited, Siddhidhatri Retail Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Heather Leigh Norko was appointed as Director on 21 Dec 2022. W H Baird Garrett ceased to be Director on 10 Dec 2021. Jane Elizabeth Bone was appointed as Director on 19 Mar 2021. Elastic Technologies (India) has 5 board changes on record in total.
Elastic Technologies (India) has 7 MSME Form 1 returns on record between 2022 and 2024, listing 64 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Elastic Technologies (India) is at 1st Floor Sunriver Wing A’’ Embassy Golf Links Business Park Intermediate Ring Road Ch, Allaghatta, Bangalore, Karnataka, India – 560071.