About Ensource Consulting Private Limited
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Ensource Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2014PTC074270. Its GSTIN is 29AADCE6526H1ZI (Karnataka).
The company has an authorised share capital of ₹142.05 Cr and a paid-up capital of ₹142.05 Cr. It is led by directors Rahul Choraria and Mini Karunakara Panicker.
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 No.3169/I Third Floor Service Road Hal II Stage Extension Ward No.72, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹54,600, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.63 Cr and EBITDA of -₹1.3 Cr. Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 76% over five years.
The company is associated with 2 brands: Enersource Consulting and Ensource Consulting. As per MCA filings, the company has open charges of ₹120 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 ensourceconsulting.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.3169/I Third Floor Service Road Hal II Stage Extension Ward No.72, Bangalore, Karnataka, India – 560008
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Ensource Consulting Private Limited
Ensource Consulting operates two associated brands: Enersource Consulting and Ensource Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers expert web design and software development services for businesses. | ensourceconsulting.com | |
| Delivers expert business consulting services tailored to the financial industry. | enersourceindia.com |
Competitors & Alternatives of Ensource Consulting Private Limited
Brands and companies operating in the same space as Ensource Consulting Private Limited include Barclays, KCB Group, Hedgehog lab and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Barclays | Diversified financial services are provided across global markets. | London, United Kingdom | |
 KCB Group | Financial services are provided through subsidiaries across East Africa. | Nairobi, Kenya | 1896 |
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 Kroll | Financial and risk advisory solutions are offered to businesses. | New York, United States | 1932 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 TMF Group | Global administrative and compliance services are delivered to international businesses. | Amsterdam, Netherlands | 1988 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
Business Activity of Ensource Consulting Private Limited
The main business activity of Ensource Consulting is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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.
Auditor Details of Ensource Consulting Private Limited
Ensource Consulting Private Limited is audited by Maradi Satyanarayana Sowmyashri for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Maradi Satyanarayana Sowmyashri | 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 Ensource Consulting Private Limited
Ensource Consulting has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Choraria Also directs: Illyrium Venture Partners LLP, Pulsecxo Solutions LLP | Director | 16 Mar 2018 | 8 Years 6 Months | Current |
| Mini Karunakara Panicker | Director | 21 Mar 2014 | 12 Years 6 Months | Current |
Financials of Ensource Consulting Private Limited FY 2024 filings available
Ensource Consulting Private Limited reported revenue of ₹54,600 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ensource Consulting Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years. EBITDA fell 432% 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 Ensource Consulting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.63 Cr | •••• | •••• | •••• | •••• |
| 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 Ensource Consulting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Ensource Consulting 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 Ensource Consulting 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.
Group Structure of Ensource Consulting Private Limited
Ensource Consulting has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Charges & Borrowings of Ensource Consulting Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2022 | Others | ₹120 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ensource Consulting Private Limited
Employment history and EPFO contributions of people linked to Ensource Consulting.
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 Ensource Consulting Private Limited
Ensource Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCE6526H1ZI | Karnataka | Active | 01 Jul 2018 |
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 Ensource Consulting 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 Ensource Consulting 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 Ensource Consulting 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 Ensource Consulting 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 Ensource Consulting Private Limited
Frequently Asked Questions about Ensource Consulting Private Limited
Ensource Consulting is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 March 2014 (12+ years old) and is registered under CIN U93000KA2014PTC074270.
Ensource Consulting reported revenue of ₹54,600 for FY 2024 (down 100% YoY).
Ensource Consulting has 2 current directors:
- Rahul Choraria - Director
- Mini Karunakara Panicker - Director
Ensource Consulting reported a net loss of ₹1.63 Cr and EBITDA of -₹1.3 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ensource Consulting is -59% over three years and -76% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ensource Consulting is 29AADCE6526H1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Ensource Consulting is U93000KA2014PTC074270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ensource Consulting was incorporated on 21 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Ensource Consulting is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).