
Elitesource Technologies Private Limited
About Elitesource Technologies Private Limited
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Elitesource Technologies Private Limited is a private limited company based in Srinagar, Jammu & Kashmir, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 06 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U72900JK2018PTC010267.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Zameer Ulhaq (Managing Director) and Farooq Ahmad Bhat.
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 C/O Tax Venture Mundoo Building N.S. Road, Srinagar, Jammu & Kashmir, India – 190010.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.78 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹21,890 (net margin 1.2%) and EBITDA of ₹53,844 (EBITDA margin 3%).
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- Registered AddressC/O Tax Venture Mundoo Building N.S. Road, Srinagar, Jammu & Kashmir, India – 190010
- IndustryInformation Technology, Other Computer Related Activities
- 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
Board of Directors of Elitesource Technologies Private Limited
Elitesource Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Farooq Ahmad Bhat | Director | 16 Nov 2020 | 5 Years 10 Months | Current |
| Zameer Ulhaq | Managing Director | 16 Nov 2020 | 5 Years 10 Months | Current |
Financials of Elitesource Technologies Private Limited FY 2024 filings available
Elitesource Technologies Private Limited reported revenue of ₹17.78 Lakh (down 55% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Elitesource Technologies Private Limited
Revenue fell 55% in the latest year. EBITDA fell 57% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Elitesource Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹17.78 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹53,844 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21,890 | •••• | •••• | •••• | •••• |
| 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 Elitesource Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Elitesource Technologies are in the company report.
Financial statements from FY 2018
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 Elitesource Technologies 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 Elitesource Technologies Private Limited
Elitesource Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elitesource Technologies Private Limited
Employment history and EPFO contributions of people linked to Elitesource Technologies.
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 Elitesource Technologies Private Limited
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 Elitesource Technologies 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 Elitesource Technologies 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 Elitesource Technologies 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 Elitesource Technologies 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 Elitesource Technologies Private Limited
Frequently Asked Questions about Elitesource Technologies Private Limited
Elitesource Technologies is an active private limited company based in Srinagar, Jammu & Kashmir, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 06 February 2018 (8+ years old) and is registered under CIN U72900JK2018PTC010267.
Elitesource Technologies reported revenue of ₹17.78 Lakh for FY 2022 (down 55% YoY).
Elitesource Technologies has 2 current directors:
- Zameer Ulhaq - Managing Director
- Farooq Ahmad Bhat - Director
Elitesource Technologies reported a net profit of ₹21,890 (net margin 1.2%) and EBITDA of ₹53,844 (EBITDA margin 3%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Elitesource Technologies is U72900JK2018PTC010267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elitesource Technologies was incorporated on 06 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jammu.
The registered office of Elitesource Technologies is at CO Tax Venture Mundoo Building N.S. Road, Srinagar, Jammu & Kashmir, India – 190010.
Elitesource Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Elitesource Technologies operates in the information technology industry, in the other computer related activities segment.