About Equations Work IT Services Private Limited
Data last updated:
Equations Work IT Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2011PTC139496. Its GSTIN is 27AACCE7273Q1ZY (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Meena Arun Adsool and Satya Yashwant Bisht.
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 9 Shivraj Society Opp Vanaz Factory Ramkrishna Paramhansa Nagar Kothrud, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.93 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 16.5%) and EBITDA of ₹2.8 Cr (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 53% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹68.9 Lakh 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 equations.work.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address9 Shivraj Society Opp Vanaz Factory Ramkrishna Paramhansa Nagar Kothrud, Pune, Maharashtra, India – 411038
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Business Activity of Equations Work IT Services Private Limited
The main business activity of Equations Work IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Financials of Equations Work IT Services Private Limited FY 2024 filings available
Equations Work IT Services Private Limited reported revenue of ₹10.93 Cr (up 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Equations Work IT Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 79% growth in the latest year. EBITDA rose 97% 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 Equations Work IT Services 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.8 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 Equations Work IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.5% | •••• | •••• | •••• | •••• |
| 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 Equations Work IT Services 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.
Peer Comparison of Equations Work IT Services Private Limited
Equations Work IT Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zamil Information Technology Global Private Limited | ₹10.95 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Rama Digital Solutions (OPC) Private Limited | ₹10.94 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Delhi, India |
| Oneclick IT Consultancy Private Limited | ₹10.94 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Sanand, Gujarat, India |
| 4Crisk.Ai Software Private Limited | ₹10.94 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Paviliondata Systems India Private Limited | ₹10.93 Cr (FY 2023) | •••• | •••• | -54.0% | •••• | Pune, Maharashtra, India |
| Equations Work IT Services Private Limited this company | ₹10.93 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Pune, Maharashtra, India |
| Alterego Technology Limited | ₹10.92 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ahmedabad, Gujarat, India |
| Touchwizard Technologies Private Limited | ₹10.92 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Techaffinity Consulting Private Limited | ₹10.92 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Videoline Surveillance Services Private Limited | ₹10.91 Cr (FY 2024) | •••• | •••• | 36258.0% | •••• | Delhi, India |
| Cliniqon RCM Private Limited | ₹10.9 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Kalapatty, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Equations Work IT Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Equations Work IT Services Private Limited
Equations Work IT Services Private Limited is audited by ABM & ASSOCIATES LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABM & ASSOCIATES LLP | 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 Equations Work IT Services Private Limited
Equations Work IT Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Arun Adsool | Director | 10 May 2011 | 15 Years 5 Months | Current |
| Satya Yashwant Bisht | Director | 10 May 2011 | 15 Years 5 Months | Current |
Ownership and Shareholding of Equations Work IT Services 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 Equations Work IT Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2024 | Others | ₹68.9 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Equations Work IT Services Private Limited
Equations Work IT Services Private Limited has a workforce of 64 employees as of Nov 24, 2025.
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.
Recent Activity on Equations Work IT Services Private Limited
Equations Work IT Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Meena Arun Adsool was appointed as Director on 10 May 2011.
Credit Ratings, Litigation & Regulatory Alerts for Equations Work IT Services 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 Equations Work IT Services 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 Equations Work IT Services 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.
GST Compliance of Equations Work IT Services Private Limited
Equations Work IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE7273Q1ZY | Maharashtra | 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.
MCA Filings & Documents of Equations Work IT Services 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.
Frequently Asked Questions about Equations Work IT Services Private Limited
Equations Work IT Services is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 May 2011 (15+ years old) and is registered under CIN U72200PN2011PTC139496.
Equations Work IT Services reported revenue of ₹10.93 Cr for FY 2025 (up 79% YoY).
Equations Work IT Services has 2 current directors:
- Meena Arun Adsool - Director
- Satya Yashwant Bisht - Director
Equations Work IT Services reported a net profit of ₹1.8 Cr (net margin 16.5%) and EBITDA of ₹2.8 Cr (EBITDA margin 25.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Equations Work IT Services is 44% over three years and 53% over five years. In the latest year (FY 2025) revenue rose 79%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Equations Work IT Services is 27AACCE7273Q1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Equations Work IT Services is U72200PN2011PTC139496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equations Work IT Services was incorporated on 10 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Equations Work IT Services by revenue are Zamil Information Technology Global Private Limited, Rama Digital Solutions (OPC) Private Limited, Oneclick IT Consultancy Private Limited, 4Crisk.Ai Software Private Limited, Paviliondata Systems India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Meena Arun Adsool was appointed as Director on 10 May 2011. Satya Yashwant Bisht was appointed as Director on 10 May 2011.
Equations Work IT Services can be reached through the website equations.work. Its registered office is in Pune, Maharashtra, India.