About E-Rachit Technologies Private Limited
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E-Rachit Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 19 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32201KA2011PTC060476. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anil Bhimangouda Patil and Bhimanagoud Hanamanthagoud Patil.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at #3441 1st Floor Service Road Rpc Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2018, the company reported a revenue of ₹37.15 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹34.72 Lakh (net margin -93.5%) and EBITDA of -₹33.86 Lakh (EBITDA margin -91.1%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
The company is associated with 1 brand: Cloud Play.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website e-rachit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#3441 1st Floor Service Road Rpc Layout Vijayanagar, Bangalore, Karnataka, India – 560040
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 E-Rachit Technologies Private Limited
The main business activity of E-Rachit Technologies 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 E-Rachit Technologies Private Limited FY 2018 filings available
E-Rachit Technologies Private Limited reported revenue of ₹37.15 Lakh (down 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of E-Rachit Technologies Private Limited
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 31%. 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 E-Rachit Technologies Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹37.15 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹33.86 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.72 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 | •••• | •••• | •••• | •••• |
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Financial Ratios of E-Rachit Technologies Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -91.1% | •••• | •••• | •••• |
| Net Profit Margin | -93.5% | •••• | •••• | •••• |
| 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 E-Rachit 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.
Peer Comparison of E-Rachit Technologies Private Limited
E-Rachit Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Western India Cine Equipments Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Trassir Sentinel Private Limited | •••• | •••• | •••• | •••• | - | Basai Road, Haryana, India |
| Shiv Computronix Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Spectrasoft Technologies Private Limited | •••• | •••• | •••• | •••• | - | Perambur Purasawalkam, Tamil Nadu, India |
| Mron International Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| E-Rachit Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Enffie Technologies Private Limited | •••• | •••• | •••• | •••• | - | Trivandrum, Kerala, India |
| Zsolt Teko Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Vipin Print Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Encompass Core Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Compacta Sales Pvt. Ltd. | •••• | •••• | •••• | •••• | - | Bhuabneswar, Orissa, India |
Peers are the five companies nearest above and the five nearest below E-Rachit Technologies by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of E-Rachit Technologies Private Limited
E-Rachit Technologies Private Limited is audited by GEETHA CHANDRAKANT & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GEETHA CHANDRAKANT & 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 E-Rachit Technologies Private Limited
E-Rachit Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhimanagoud Hanamanthagoud Patil | Additional Director | 17 Mar 2014 | 12 Years 6 Months | Current |
| Anil Bhimangouda Patil | Director | 19 Sep 2011 | 15 Years 0 Months | Current |
Ownership and Shareholding of E-Rachit 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 E-Rachit Technologies Private Limited
E-Rachit Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with E-Rachit Technologies Private Limited
E-Rachit Technologies operates one associated brand: Cloud Play. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based platform for creating, managing, and scheduling digital signage playlists remotely. | cloudplay.in |
Employees and EPFO Compliance at E-Rachit Technologies Private Limited
Employment history and EPFO contributions of people linked to E-Rachit Technologies.
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 E-Rachit Technologies Private Limited
E-Rachit Technologies Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Anil Bhimangouda Patil ceased to be Director on 16 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for E-Rachit 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 E-Rachit 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 E-Rachit 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.
GST Compliance of E-Rachit Technologies Private Limited
E-Rachit Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 E-Rachit 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.
Frequently Asked Questions about E-Rachit Technologies Private Limited
E-Rachit Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 19 September 2011 (15+ years old) and is registered under CIN U32201KA2011PTC060476.
E-Rachit Technologies reported revenue of ₹37.15 Lakh for FY 2018 (down 10% YoY).
E-Rachit Technologies has 2 current directors:
- Bhimanagoud Hanamanthagoud Patil - Additional Director
- Anil Bhimangouda Patil - Director
E-Rachit Technologies reported a net loss of ₹34.72 Lakh (net margin -93.5%) and EBITDA of -₹33.86 Lakh (EBITDA margin -91.1%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of E-Rachit Technologies is 31% over three years. In the latest year (FY 2018) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
No. E-Rachit Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of E-Rachit Technologies is U32201KA2011PTC060476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
E-Rachit Technologies was incorporated on 19 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of E-Rachit Technologies by revenue are Western India Cine Equipments Private Limited, Trassir Sentinel Private Limited, Shiv Computronix Private Limited, Spectrasoft Technologies Private Limited, Mron International Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Anil Bhimangouda Patil ceased to be Director on 16 Mar 2022. Appasaheb Nigappa Jumanal ceased to be Director on 17 Mar 2014. Bhimanagoud Hanamanthagoud Patil was appointed as Additional Director on 17 Mar 2014. E-Rachit Technologies has 5 board changes on record in total.
E-Rachit Technologies can be reached through the website e-rachit.com. Its registered office is in Bangalore, Karnataka, India.