About Esi Software (India) Private Limited
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Esi Software (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Esi Group, France. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC033353. Its GSTIN is 29AABCE2943C1ZX (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Rishi Saluja and Ankur Seth.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹122.35 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹19.86 Cr (net margin 16.2%) and EBITDA of ₹30.58 Cr (EBITDA margin 25%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
The company has about 192 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ESI Group. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esi-group.com.
Company details
Contact details
Esi Software (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is esi-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKalyani Magnum – II Block – 2 Unit I 2nd Floor, Doraisanipalya Jp Nagar 7th Phase Bannerghatta Road, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
To see the full contact details of Esi Software (India) Private 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
Esi Software (India) operates one associated brand: ESI Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design and simulation software is supplied to industrial manufacturers worldwide. | esi-group.com |
Business activity
The main business activities of Esi Software (India) are information and communication and trade. In detail, this covers computer programming, consultancy and related activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Esi Software (India) Private Limited, buy the company report.
Financials of Esi Software (India) Private Limited
FY 2025 filings availableEsi Software (India) Private Limited reported revenue of ₹122.35 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 29% growth in the latest year. EBITDA rose 211% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹30.58 Cr | ||||
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| Net Profit (PAT) | ₹19.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 25% | ||||
| Net Profit Margin | 16.2% | ||||
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To see the full financial statements and ratios of Esi Software (India) Private Limited, buy the company report.
Board of directors of Esi Software (India) Private Limited
Esi Software (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Saluja Also directs: Spirent Communications (India) Private Limited | Additional Director | 02 May 2025 | 1 Years 6 Months | Current |
| Ankur Seth Also directs: Spirent Communications (India) Private Limited | Additional Director | 02 May 2025 | 1 Years 6 Months | Current |
Peer comparison
Esi Software (India) Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development, IT Products Retail and Distribution), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Logic Information Systems (India) Private Limited | ₹123.11 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Clarion Technologies Private Limited | ₹123.03 Cr (FY 2025) | -16.0% | Pune, Maharashtra, India | |||
| Numerator India Private Limited | ₹122.52 Cr (FY 2025) | -12.0% | Vadodara, Gujarat, India | |||
| Esi Software (India) Private Limitedthis company | ₹122.35 Cr (FY 2025) | ₹19.86 Cr | 16.2% | 29.0% | 192 | Bangalore, Karnataka, India |
| Draftspotting Technologies Private Limited | ₹121.39 Cr (FY 2025) | 92.0% | Gurugram, Haryana, India |
To see the full peer comparison of Esi Software (India) Private Limited, buy the company report.
Auditor
Esi Software (India) Private Limited is audited by N. M. Arunkumar P. S. Ananda Rao & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. M. Arunkumar P. S. Ananda Rao & Co | FY 2022 | 006925S |
Shareholding
The shareholding of Esi Software (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Esi Software (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2014 | 10537218 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Satisfied |
To see the full charge records of Esi Software (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Esi Software (India) Private Limited has 3 court cases on record: 2 filed by Esi Software (India), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
To see the full case history of Esi Software (India) Private 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 Esi Software (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Esi Software (India) Private Limited has a workforce of 192 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Esi Software (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE2943C1ZX | Karnataka | Active | 01 Jul 2017 |
| 27AABCE2943C2Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Esi Software (India) Private Limited, buy the company report.
Recent activity
Esi Software (India) Private Limited has 10 board changes on record since 2019: 3 appointments and 7 cessations. The latest: Nagesh Lakshminarayana Byssani ceased to be Managing Director on 03 May 2025.
3 earlier events are in the company report.
News
Frequently asked questions
Esi Software (India) is an active private 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 11 February 2004 (22+ years old) and is registered under CIN U72200KA2004PTC033353.
Esi Software (India) has 2 current directors:
- Rishi Saluja - Additional Director
- Ankur Seth - Additional Director
The latest financial statements of Esi Software (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Esi Software (India) is 29AABCE2943C1ZX, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCE2943C2Z0 (Maharashtra).
The CIN (Corporate Identification Number) of Esi Software (India) is U72200KA2004PTC033353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esi Software (India) has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Esi Software (India) was incorporated on 11 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Esi Software (India) by revenue are Logic Information Systems (India) Private Limited, Clarion Technologies Private Limited, Numerator India Private Limited, Draftspotting Technologies Private Limited, all in the Information Technology industry (Application Development, IT Products Retail and Distribution), with the same principal business activity (computer programming, consultancy and related activities).
Nagesh Lakshminarayana Byssani ceased to be Managing Director on 03 May 2025. Ankur Seth was appointed as Additional Director on 02 May 2025. Rishi Saluja was appointed as Additional Director on 02 May 2025. Esi Software (India) has 10 board changes on record in total.
Esi Software (India) can be reached through the website esi-group.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Esi Software (India) is at Kalyani Magnum – II Block – 2 Unit I 2nd Floor, Doraisanipalya Jp Nagar 7th Phase Bannerghatta Road, Bangalore, Karnataka, India – 560076.
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