Elastmile Services Private Limited
About Elastmile Services Private Limited
Data last updated:
Elastmile Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 09 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC072979. Its GSTIN is 33AAFCB9084K1ZC (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Bestsource India Services Private Limited. It is led by directors Viswanathan Panneer Selvam (Managing Director) and Sasikala Viswanathan.
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 No 21 3rd Cross Jaibarath Nagar, Bangalore, Karnataka, India – 560033.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.45 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net loss of ₹46,062 (net margin -0.3%) and EBITDA of -₹50,213 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 102% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo 21 3rd Cross Jaibarath Nagar, Bangalore, Karnataka, India – 560033
- IndustryTrading, Wholesale, Other Wholesale
- 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 Elastmile Services Private Limited
The main business activity of Elastmile Services is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Elastmile Services Private Limited
Elastmile Services Private Limited is audited by HEMANTHA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HEMANTHA & CO | 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 Elastmile Services Private Limited
Elastmile Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sasikala Viswanathan | Director | 09 Jan 2014 | 12 Years 8 Months | Current |
| Viswanathan Panneer Selvam | Managing Director | 21 Aug 2018 | 8 Years 1 Months | Current |
Financials of Elastmile Services Private Limited FY 2025 filings available
Elastmile Services Private Limited reported revenue of ₹1.45 Cr (up 81% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Elastmile Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 102% over five years, including 81% growth in the latest year. EBITDA fell 255% 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 Elastmile Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹50,213 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹46,062 | •••• | •••• | •••• | •••• |
| 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 Elastmile Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 Elastmile Services are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Elastmile Services 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 Elastmile Services Private Limited
Elastmile Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elastmile Services Private Limited
Employment history and EPFO contributions of people linked to Elastmile Services.
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.
GST Compliance of Elastmile Services Private Limited
Elastmile Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCB9084K1ZC | Tamil Nadu | 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.
Credit Ratings, Litigation & Regulatory Alerts for Elastmile Services 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 Elastmile Services 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 Elastmile Services 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.
MCA Filings & Documents of Elastmile Services 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.
Recent Activity on Elastmile Services Private Limited
Frequently Asked Questions about Elastmile Services Private Limited
Elastmile Services is an active private limited company based in Bangalore, Karnataka, India. The company works in wholesale, within the trading industry. It was incorporated on 09 January 2014 (12+ years old) and is registered under CIN U74900KA2014PTC072979.
Elastmile Services reported revenue of ₹1.45 Cr for FY 2023 (up 81% YoY).
Elastmile Services has 2 current directors:
- Viswanathan Panneer Selvam - Managing Director
- Sasikala Viswanathan - Director
Elastmile Services reported a net loss of ₹46,062 (net margin -0.3%) and EBITDA of -₹50,213 (EBITDA margin -0.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elastmile Services is 55% over three years and 102% over five years. In the latest year (FY 2023) revenue rose 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elastmile Services is 33AAFCB9084K1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Elastmile Services is U74900KA2014PTC072979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elastmile Services was incorporated on 09 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Elastmile Services is at No 21 3rd Cross Jaibarath Nagar, Bangalore, Karnataka, India – 560033.