About Elecon Information Technology Limited
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Elecon Information Technology Limited is a public limited company based in Anand, Gujarat, India, a subsidiary of Aakaaish Investments Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 July 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1984PLC007066. Its GSTIN is 24AAACT6926F1ZG (Gujarat).
The company has an authorised share capital of ₹23.8 Lakh and a paid-up capital of ₹200. It is led by directors including Ravinkumar Shah and Prayasvin Patel.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Anand – Sojitra Road Vallabh Vidyanagar, Gujarat, India – 388120.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.34 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹21.38 Lakh (net margin 9.1%) and EBITDA of ₹56.81 Lakh (EBITDA margin 24.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.94 Cr and satisfied charges of ₹1.94 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 eleconinfotech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressAnand – Sojitra Road Vallabh Vidyanagar, Gujarat, India – 388120
- IndustryInformation Technology, IT Consulting & 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
- One PDF report, delivered after checkout
Business Activity of Elecon Information Technology Limited
The main business activity of Elecon Information Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Elecon Information Technology Limited FY 2025 filings available
Elecon Information Technology Limited reported revenue of ₹2.34 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elecon Information Technology Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 9% growth in the latest year. EBITDA rose 29% 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 Elecon Information Technology 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 | ₹56.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.38 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 Elecon Information Technology Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Elecon Information Technology 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.
Peer Comparison of Elecon Information Technology Limited
Elecon Information Technology Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and 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 |
|---|---|---|---|---|---|---|
| Xplore Systems Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Cloud 9 E-Biz Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Control and Solutions India Private Limited | ₹2.34 Cr (FY 2020) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| Lintel Technologies Private Limited | ₹2.34 Cr (FY 2024) | •••• | •••• | 81.0% | •••• | Ahmedabad, Gujarat, India |
| Enhira Software Services Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Elecon Information Technology Limited this company | ₹2.34 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Anand, Gujarat, India |
| Besto Electronics Private Limited | ₹2.34 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Gurgaon, Haryana, India |
| Trans IT Mpower Labs Private Limited. | ₹2.33 Cr (FY 2016) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Blueblaze Systems & Services Private Limited | ₹2.33 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Thrissur, Kerala, India |
| Anchovies IT Solutions Private Limited | ₹2.33 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Muzaffarpur, Bihar, India |
| Shakti IT Services Private Limited | ₹2.33 Cr (FY 2025) | •••• | •••• | 258.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Elecon Information Technology by revenue in the Information Technology industry (IT Consulting and 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 Elecon Information Technology Limited
Elecon Information Technology Limited is audited by J.D. ZATAKIA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.D. ZATAKIA & 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 Elecon Information Technology Limited
Elecon Information Technology has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinkumar Shah Also directs: Emtici Marketing LLP, Prayas Engineering Limited, Elecon Hydraulics Private Limited and 5 more | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Prayasvin Patel Also directs: Emtici Marketing LLP, Alemonia Life Sciences Limited Liability Partnership, Eimco Elecon (India ) Limited and 5 more | Director | 21 Jul 2001 | 25 Years 2 Months | Current |
| Akanksha Prayasvin Patel Also directs: Emtici Marketing LLP, Emtici Engineering Limited, Power Build Private Limited and 5 more | Director | 21 Jul 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of Elecon Information Technology 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 Elecon Information Technology Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2021 | Idbi Bank Limited | ₹1.94 Cr | Satisfied |
Total charge records: 1 View all charges
MSME Payment Delays by Elecon Information Technology Limited
Elecon Information Technology Limited has 12 MSME Form 1 returns on record between 2017 and 2021, listing 30 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Multilink Computers Private Limited | •••• | •••• | •••• |
| Rectus India | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Akaaish Printing Press Private Limited | •••• | •••• | •••• |
| Tech Elecon Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 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 Elecon Information Technology Limited
Elecon Information Technology Limited has a workforce of 7 employees as of Apr 09, 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 Elecon Information Technology Limited
Elecon Information Technology Limited has 9 board changes on record since 1988: 6 appointments and 3 cessations. The latest: Akanksha Prayasvin Patel was appointed as Director on 21 Jul 2020.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Elecon Information Technology 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 Elecon Information Technology 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 Elecon Information Technology Limited
Elecon Information Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACT6926F1ZG | Gujarat | 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 Elecon Information Technology 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 Elecon Information Technology Limited
Elecon Information Technology is an active public limited company based in Anand, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 July 1984 (42+ years old) and is registered under CIN U65910GJ1984PLC007066.
Elecon Information Technology reported revenue of ₹2.34 Cr for FY 2025 (up 9% YoY).
Elecon Information Technology has 3 current directors:
- Ravinkumar Shah - Director
- Prayasvin Patel - Director
- Akanksha Prayasvin Patel - Director
Elecon Information Technology reported a net profit of ₹21.38 Lakh (net margin 9.1%) and EBITDA of ₹56.81 Lakh (EBITDA margin 24.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elecon Information Technology is 2% over three years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elecon Information Technology is 24AAACT6926F1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Elecon Information Technology is U65910GJ1984PLC007066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elecon Information Technology was incorporated on 09 July 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elecon Information Technology by revenue are Xplore Systems Private Limited, Cloud 9 E-Biz Private Limited, Control and Solutions India Private Limited, Lintel Technologies Private Limited, Enhira Software Services Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Akanksha Prayasvin Patel was appointed as Director on 21 Jul 2020. Dilipbhai Balubhai Patel ceased to be Director on 21 Jun 2020. Prashant Chandrakant Amin ceased to be Director on 01 Jun 2020. Elecon Information Technology has 9 board changes on record in total.
Elecon Information Technology has 12 MSME Form 1 returns on record between 2017 and 2021, listing 30 overdue payments to 5 micro and small suppliers. The latest return was filed on 19 Oct 2021.
Elecon Information Technology can be reached through the website eleconinfotech.com. Its registered office is in Anand, Gujarat, India.