About Elsner Technologies Private Limited
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Elsner Technologies Private Limited is a private limited company based in City Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2009PTC057846. Its GSTIN is 24AACCE2232P1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mamtaben Harshalkumar Shah and Kantilal Jitmal Shah.
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 City Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.32 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹53.9 Lakh (net margin 3.5%) and EBITDA of ₹1.38 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 18% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elsner Technologies. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹2.55 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 elsner.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No 501 502 World Center, B/S Dinesh Hall, City Ahmedabad, Gujarat, India – 380009
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Associated Brands with Elsner Technologies Private Limited
Elsner Technologies operates one associated brand: Elsner Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services including web development, e-commerce, and digital marketing solutions. | elsner.com |
Competitors & Alternatives of Elsner Technologies Private Limited
Brands and companies operating in the same space as Elsner Technologies Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 Sylogist | Software solutions are delivered to public sector and business clients. | Calgary, Canada | 1993 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 Guidde | Cloud-based video tools for knowledge sharing and management are provided. | Belmont, United States | 2020 |
 QX Global Group | Digital transformation and business process management services are provided. | Skipton, United Kingdom | 2003 |
 Smile | Smile is recognized as a leader in open digital technology solutions. | 1991 |
Business Activity of Elsner Technologies Private Limited
The main business activity of Elsner Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Elsner Technologies Private Limited
Elsner Technologies Private Limited is audited by BIREN SHAH & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BIREN SHAH & 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 Elsner Technologies Private Limited
Elsner Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mamtaben Harshalkumar Shah Also directs: Five Bros Entertain LLP | Director | 15 Mar 2017 | 9 Years 6 Months | Current |
| Kantilal Jitmal Shah Also directs: Five Bros Entertain LLP, Ark Share Traders Private Limited | Director | 09 Jan 2010 | 16 Years 8 Months | Current |
| Harshal Jayantilal Shah Also directs: Shri Arnath Creatives LLP, Aimed Tech Expo Gujarat LLP, Weekmate Private Limited and 1 more | Director | 20 Aug 2009 | 17 Years 1 Months | Current |
Financials of Elsner Technologies Private Limited FY 2025 filings available
Elsner Technologies Private Limited reported revenue of ₹15.32 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elsner Technologies Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 53% 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 Elsner Technologies 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹53.9 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Elsner Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Elsner Technologies 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 Elsner 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 Elsner Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2022 | Others | ₹2.5 Cr | Open |
| 03 Apr 2012 | Others | ₹2.55 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Elsner Technologies Private Limited
Elsner Technologies Private Limited has a workforce of 55 employees as of Dec 17, 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.
GST Compliance of Elsner Technologies Private Limited
Elsner Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE2232P1ZP | 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.
Credit Ratings, Litigation & Regulatory Alerts for Elsner 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 Elsner 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 Elsner 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 Elsner 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 Elsner Technologies Private Limited
Frequently Asked Questions about Elsner Technologies Private Limited
Elsner Technologies is an active private limited company based in City Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 August 2009 (17+ years old) and is registered under CIN U72900GJ2009PTC057846.
Elsner Technologies reported revenue of ₹15.32 Cr for FY 2025 (down 16% YoY).
Elsner Technologies has 3 current directors:
- Mamtaben Harshalkumar Shah - Director
- Kantilal Jitmal Shah - Director
- Harshal Jayantilal Shah - Director
Elsner Technologies reported a net profit of ₹53.9 Lakh (net margin 3.5%) and EBITDA of ₹1.38 Cr (EBITDA margin 9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elsner Technologies is 14% over three years and 18% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elsner Technologies is 24AACCE2232P1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Elsner Technologies is U72900GJ2009PTC057846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elsner Technologies was incorporated on 20 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Elsner Technologies can be reached through the website elsner.com. Its registered office is in City Ahmedabad, Gujarat, India.