About Encore Software Limited
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Encore Software Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L72200KA2001PLC029313. Its GSTIN is 29AAACE7431N1ZA (Karnataka). It is recorded as listed by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹6.47 Cr. It is led by directors including Vinay Laxman Deshpande (Managing Director) and Chhanda Deshpande (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Premises No. 407 1st Floor 7th Cross Road Domlur I Stage, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2017, the company reported a revenue of ₹82.87 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹1.88 Cr (net margin -226.8%) and EBITDA of ₹78.97 Lakh (EBITDA margin 95.3%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Encore Software. As per MCA filings, the company has open charges of ₹1.74 Cr on record. Court records list 10 cases involving the company, including 10 filed against it. The company has 49 deals on record (49 market trades); the latest was in November 2014. Its 10 peer companies in the Information Technology industry (Application Development, Computer Hardware) are compared by revenue, 5 larger and 5 smaller; the largest is Digitised Renewables Energy Tech Private Limited with revenue of ₹83.17 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ncoretech.com.
Company details
CIN history
Encore Software has one previous CIN (Corporate Identification Number): U72200KA2001PLC029313. The current CIN is L72200KA2001PLC029313, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200KA2001PLC029313 | Current |
| U72200KA2001PLC029313 | Previous |
Contact details
Encore Software Limited's registered office is in Bangalore, Karnataka. Its website is ncoretech.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPremises No. 407 1st Floor 7th Cross Road Domlur I Stage, Bangalore, Karnataka, India – 560071
- IndustryInformation Technology, Application Development & Software Solutions, Computer Hardware Manufacturing & Retail
To see the full contact details of Encore Software Limited, buy the company report.
- 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
Brands
Encore Software operates one associated brand: Encore Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consumer electronics like modems are manufactured on a contract basis. | ncoretech.com |
Financials of Encore Software Limited
FY 2017 filings availableEncore Software Limited reported revenue of ₹82.87 Lakh (down 78% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 78% fall in the latest year. EBITDA fell 68% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹78.97 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.88 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 95.3% | ||
| Net Profit Margin | -226.8% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Encore Software Limited, buy the company report.
Board of directors of Encore Software Limited
Encore Software 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 |
|---|---|---|---|---|
| Vinay Laxman Deshpande | Managing Director | 24 Jul 2001 | 25 Years 3 Months | Current |
| Chhanda Deshpande Also directs: Orno Technologies Private Limited | Whole-Time Director | 24 Jul 2001 | 25 Years 3 Months | Current |
| Unnikot Divakaran | Director | 29 May 2014 | 12 Years 4 Months | Current |
Peer comparison
Encore Software Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Application Development, Computer Hardware), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digitised Renewables Energy Tech Private Limited | ₹83.17 Lakh (FY 2025) | 173.0% | Bangalore, Karnataka, India | |||
| Affosoft Technologies India Private Limited | ₹83.14 Lakh (FY 2024) | -32.0% | Hyderabad, Telangana, India | |||
| Rhytha Web Solutions Private Limited | ₹83.14 Lakh (FY 2024) | 21.0% | Chennai, Tamil Nadu, India | |||
| Tipstat Infotech Private Limited | ₹83.04 Lakh (FY 2025) | 25.0% | Allahabad, Uttar Pradesh, India | |||
| A G Infosolve Private Limited | ₹83.04 Lakh (FY 2021) | 9.0% | Kolkata, West Bengal, India | |||
| Encore Software Limitedthis company | ₹82.87 Lakh (FY 2017) | -₹1.88 Cr | -226.8% | -78.0% | Bangalore, Karnataka, India | |
| S C Fulfil Services India Private Limited | ₹82.86 Lakh (FY 2025) | -54.0% | Bengaluru, Karnataka, India | |||
| Nivansys Technologies Private Limited | ₹82.85 Lakh (FY 2016) | 11.0% | Bangalore, Karnataka, India | |||
| Mariyano Technologies Private Limited | ₹82.76 Lakh (FY 2025) | 10.0% | Kanchipuram, Tamil Nadu, India | |||
| Quadrish Innovations Private Limited | ₹82.74 Lakh (FY 2024) | -17.0% | Mohali, Punjab, India | |||
| Utile Software Solutions Private Limited | ₹82.66 Lakh (FY 2024) | 27.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Encore Software Limited, buy the company report.
Auditor
Encore Software Limited is audited by ISHWAR & GOPAL for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ISHWAR & GOPAL | FY 2016 | 001154S |
Shareholding
The shareholding of Encore Software Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Encore Software Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2006 | 10031094 | Syndicate Bank | ₹25 Lakh | Open | |
| 18 Feb 2005 | 90195850 | Syndicate Bank | ₹29.34 Lakh | Open | |
| 28 Feb 2002 | 90195620 | Syndicate Bank | ₹1.2 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Encore Software Limited has 49 deals on record (49 market trades); the latest was in November 2014.
Deals on record (5 of 49)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2013 | Market trade | ₹1.1 Lakh | Buyer: Ashdil Sales Promotion Pvt Ltd Seller: Unicorn Dealtrade Private Limited |
| Apr 2013 | Market trade | ₹1.2 Lakh | Buyer: Ashdil Sales Promotion Pvt Ltd Seller: Unicorn Dealtrade Private Limited |
| Mar 2013 | Market trade | ₹1 Lakh | Buyer: Ashdil Sales Promotion Pvt Ltd Seller: an individual |
| Mar 2013 | Market trade | ₹1.9 Lakh | Buyer: Gajmukh Investments Private Limited Seller: Swarnim Multiventure (P) Ltd. |
| Mar 2012 | Market trade | ₹3.6 Lakh | Buyer: Unicorn Dealtrade Private Limited Seller: an individual |
To see the full deal history of Encore Software Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Encore Software Limited has 10 court cases on record: 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 9 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Council of Scientific and Industrial Research | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Council of Scientific and Industrial Research (Csir) | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by The Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by World Eye Reports Consultancy Philippines Inc | Disposed |
To see the full case history of Encore Software Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Encore Software Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Encore Software has 1 subsidiary company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Consilient Technologies Private Limited | U72200KA2012PTC065647 |
To see the full group structure of Encore Software Limited, buy the company report.
Employees & EPFO
Encore Software Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Encore Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE7431N1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Encore Software Limited, buy the company report.
Recent activity
Encore Software Limited has 13 board changes on record since 2001: 8 appointments and 5 cessations. The latest: Sibi Prahalada Satish ceased to be Director on 18 Oct 2019.
7 earlier events are in the company report.
Frequently asked questions
Encore Software is an active public limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 July 2001 (25+ years old) and is registered under CIN L72200KA2001PLC029313.
Encore Software has 3 current directors:
- Vinay Laxman Deshpande - Managing Director
- Chhanda Deshpande - Whole-Time Director
- Unnikot Divakaran - Director
The latest financial statements of Encore Software on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Encore Software is 29AAACE7431N1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Encore Software is L72200KA2001PLC029313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Encore Software is recorded as a listed company by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
Encore Software has 10 court cases on record: 10 filed against it. Most are in the high courts.
Encore Software was incorporated on 24 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Encore Software has 49 deals on record (49 market trades); the latest was in November 2014.
The peers of Encore Software by revenue are Digitised Renewables Energy Tech Private Limited, Affosoft Technologies India Private Limited, Rhytha Web Solutions Private Limited, Tipstat Infotech Private Limited, A G Infosolve Private Limited and 5 more, all in the Information Technology industry (Application Development, Computer Hardware).
Sibi Prahalada Satish ceased to be Director on 18 Oct 2019. Ramesh Rao Chamarajnagar Srinivas ceased to be Director on 29 May 2014. Sibi Prahalada Satish was appointed as Director on 29 May 2014. Encore Software has 13 board changes on record in total.