MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0059545
Elpis IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.47 Cr
▲ 2% YoY
Net profit · FY 2025
₹32.61 Lakh
Net margin 2.8%
EBITDA · FY 2025
₹63.61 Lakh
EBITDA margin 5.5%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹1.22 Lakh
Issued & subscribed
Open charges
₹3.14 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
78
Provident fund records
About Elpis IT Solutions Private Limited
Data last updated:
Elpis IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC062346. Its GSTIN is 29AACCE9467G1Z7 (Karnataka).
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.22 Lakh. It is led by directors Kavitha Radhakrishnan and Sudhakar Chakravarthi.
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 102/1 Outer Ring Road B Narayanapura, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.47 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹32.61 Lakh (net margin 2.8%) and EBITDA of ₹63.61 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 11% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elpis IT Solutions. As per MCA filings, the company has open charges of ₹3.14 Cr on record.
Elpis IT Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0059545). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elpisitsolutions.com.
Company details
CIN U72200KA2012PTC062346
Registration Number 062346
Incorporation Date 01 February 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0059545
Recognitions & Rankings of Elpis IT Solutions
Contact details
Elpis IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is elpisitsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address102/1 Outer Ring Road B Narayanapura, Bangalore, Karnataka, India – 560016
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Elpis IT Solutions Private Limited, buy the company report.
Comprehensive company report
Elpis IT Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Elpis IT Solutions operates one associated brand: Elpis IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IIoT products, industrial automation, and data analytics solutions. | elpisitsolutions.com |
Business activity
The main business activity of Elpis IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Elpis IT Solutions Private Limited, buy the company report.
Financials of Elpis IT Solutions Private Limited
FY 2024 filings availableElpis IT Solutions Private Limited reported revenue of ₹11.47 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹11.47 Cr ▲ 2%
Net profit · FY 2025
₹32.61 Lakh margin 2.8%
EBITDA · FY 2025
₹63.61 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 18%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 4%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 2% growth in the latest year. EBITDA fell 30% 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
| 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 | ₹63.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.61 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Elpis IT Solutions Private Limited, buy the company report.
Board of directors of Elpis IT Solutions Private Limited
Elpis IT Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavitha Radhakrishnan | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Sudhakar Chakravarthi Also directs: Elpis Hydraulics Software Solutions Private Limited | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Elpis IT Solutions Private Limited is audited by JYOLSANA & ASSOCIATES CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JYOLSANA & ASSOCIATES CHARTERED ACCOUNTANTS | FY 2023 | FRN013718S |
Shareholding
The shareholding of Elpis IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elpis IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2025 | 101159589 | State Bank of India | ₹2 Cr | Open | |
| 06 Feb 2023 | 100687429 | Others | ₹1 Cr | Open | |
| 02 Jul 2021 | 100473460 | Hdfc Bank Limited | ₹13.64 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Elpis IT Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elpis IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elpis IT Solutions Private Limited has a workforce of 78 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
78
Active EPFO establishments
1
Employee growth
11.43%
GST
Elpis IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE9467G1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elpis IT Solutions Private Limited, buy the company report.
Recent activity
Elpis IT Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Kavitha Radhakrishnan was appointed as Director on 01 Feb 2012.
Charges
A charge with State Bank Of India amounted to Rs. 200.00 Lakh with Charge ID 101159589 was registered on 23 Sep 2025.
AGM
Elpis It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Elpis It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100687429 was registered on 06 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.64 Lakh with Charge ID 100473460 was registered on 02 Jul 2021.
Appointed
Kavitha Radhakrishnan was appointed as Director.
Appointed
Sudhakar Chakravarthi was appointed as Director.
Incorporation
01 Feb 2012
Elpis It Solutions Private Limited was registered on 01 Feb 2012 with Roc Bangalore & aged 14 years 8 months as per MCA records.
Frequently asked questions
Elpis IT Solutions is an active 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 01 February 2012 (14+ years old) and is registered under CIN U72200KA2012PTC062346.
Elpis IT Solutions has 2 current directors:
- Kavitha Radhakrishnan - Director
- Sudhakar Chakravarthi - Director
The latest financial statements of Elpis IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elpis IT Solutions is 29AACCE9467G1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Elpis IT Solutions is U72200KA2012PTC062346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elpis IT Solutions was incorporated on 01 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Kavitha Radhakrishnan was appointed as Director on 01 Feb 2012. Sudhakar Chakravarthi was appointed as Director on 01 Feb 2012.
Yes, Elpis IT Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0059545).
Elpis IT Solutions can be reached through the website elpisitsolutions.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Elpis IT Solutions is at 1021 Outer Ring Road B Narayanapura, Bangalore, Karnataka, India – 560016.