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Esmito Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.46 Cr
▲ 44% YoY
Net loss · FY 2024
₹9.05 Cr
Net margin -261.9%
EBITDA · FY 2024
-₹6.61 Cr
EBITDA margin -191.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹7.62 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
31
Provident fund records
About Esmito Solutions Private Limited
Data last updated:
Esmito Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 25 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2018PTC122355. Its GSTIN is 33AAFCE0298N1ZD (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹7.62 Lakh. It is led by directors Prabhjot Kaur and Hasan Ali.
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 01 Fa First Floor Iitm Research Park Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.46 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net loss of ₹9.05 Cr (net margin -261.9%) and EBITDA of -₹6.61 Cr (EBITDA margin -191.2%). Revenue has grown at a compounded annual rate (CAGR) of 111% over three years and 66% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Esmito. As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹11.23 Cr; the latest was in September 2022. The company has 6 MSME Form 1 returns on record between 2019 and 2024, listing 18 overdue payments to 8 micro and small suppliers.
Esmito Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0010012). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esmito.com.
Company details
CIN U72900TN2018PTC122355
Registration Number 122355
Incorporation Date 25 April 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-02-0010012
Key People
Prabhjot Kaur Director Hasan Ali Director Recognitions & Rankings of Esmito Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0010012
Contact details
Esmito Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is esmito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address01 Fa First Floor Iitm Research Park Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryInformation Technology, SaaS (Software as a Service) Providers
To see the full contact details of Esmito Solutions Private Limited, buy the company report.
Comprehensive company report
Esmito Solutions Private Limited - one report that includes everything
- 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
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Brands
Esmito Solutions operates one associated brand: Esmito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Saas & IoT enabled battery management products and solutions for electric vehicles | esmito.com |
Business activity
The main business activity of Esmito Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Esmito Solutions Private Limited, buy the company report.
Financials of Esmito Solutions Private Limited
FY 2024 filings availableEsmito Solutions Private Limited reported revenue of ₹3.46 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹3.46 Cr ▲ 44%
Net loss · FY 2024
₹9.05 Cr margin -261.9%
EBITDA · FY 2024
-₹6.61 Cr margin -191.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 111%
5 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▼ 83%
5 years · compounded
▼ 304%
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 44% growth in the latest year. EBITDA fell 83% 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 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 | -₹6.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -191.2% | ||||
| Net Profit Margin | -261.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Esmito Solutions Private Limited, buy the company report.
Board of directors of Esmito Solutions Private Limited
Esmito Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhjot Kaur | Director | 25 Apr 2018 | 8 Years 6 Months | Current |
| Hasan Ali Also directs: Photawnic Ant Logistics Private Limited | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
Auditor
Esmito Solutions Private Limited is audited by RAJENDER KUMAR SINGAL AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDER KUMAR SINGAL AND ASSOCIATES LLP | FY 2023 | 016379N |
Shareholding
The shareholding of Esmito Solutions 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 Esmito Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2023 | 100688263 | State Bank of India | ₹2 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Esmito Solutions Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹11.23 Cr; the latest was in September 2022.
Total deals
9
Secondary share transfers
6
Funding rounds
3
Disclosed funding
₹11.23 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹10 Cr | Investors: Unicorn India Ventures |
| Jul 2022 | Funding round | ₹22.9 Lakh | Investors: 3 individuals |
| Jul 2021 | Funding round | ₹1 Cr | Investors: Hindustan Petroleum Corporation Limited |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Chakra Network Solutions Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Chakra Network Solutions Private Limited , an individual Seller: IIT Madras, an individual |
To see the full deal history of Esmito Solutions Private 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
Esmito Solutions Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kisetsu Saison Finance Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kisetsu Saison Finance Private Limited | Disposed |
To see the full case history of Esmito Solutions 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
Esmito Solutions Private Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 18 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mannat Enter | |||
| Shree Maruti Integrated Logistics Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Criticalog India Private Limited |
To see the full MSME payment records of Esmito Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Esmito Solutions Private Limited has a workforce of 31 employees on its EPFO records as of Jun 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-43.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 31 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Esmito Solutions Private Limited, buy the company report.
GST
Esmito Solutions has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCE0298N1ZD | Tamil Nadu | Active | 21 Jun 2018 |
| 27AAFCE0298N1Z6 | Maharashtra | Active | 30 Sep 2021 |
| 36AAFCE0298N1Z7 | Telangana | Active | 26 Sep 2022 |
To see the full GST registrations and return filing status of Esmito Solutions Private Limited, buy the company report.
Recent activity
Esmito Solutions Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Akhila Vijaykumar ceased to be Director on 11 May 2024.
AGM
Esmito Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Akhila Vijaykumar ceased to be Director.
Filing
Esmito Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Bhaskar Majumdar ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 200.00 Lakh with Charge ID 100688263 was registered on 22 Feb 2023.
Ceased
Hasan Ali ceased to be Additional Director.
Appointed
Hasan Ali was appointed as Director.
Ceased
Sreehari Somu Nagarajan ceased to be Director.
Appointed
Prabhjot Kaur was appointed as Director.
Incorporation
25 Apr 2018
Esmito Solutions Private Limited was registered on 25 Apr 2018 with Roc Chennai & aged 8 years 6 months as per MCA records.
News
Frequently asked questions
Esmito Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 25 April 2018 (8+ years old) and is registered under CIN U72900TN2018PTC122355.
Esmito Solutions has 2 current directors:
- Prabhjot Kaur - Director
- Hasan Ali - Director
The latest financial statements of Esmito Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Esmito Solutions is 33AAFCE0298N1ZD, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAFCE0298N1Z6 (Maharashtra), 36AAFCE0298N1Z7 (Telangana).
The CIN (Corporate Identification Number) of Esmito Solutions is U72900TN2018PTC122355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esmito Solutions has 2 court cases on record: 2 filed against it. 1 is pending.
Esmito Solutions was incorporated on 25 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Esmito Solutions has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹11.23 Cr; the latest was in September 2022.
Akhila Vijaykumar ceased to be Director on 11 May 2024. Bhaskar Majumdar ceased to be Additional Director on 26 Sep 2023. Hasan Ali ceased to be Additional Director on 30 Sep 2021. Esmito Solutions has 6 board changes on record in total.
Yes, Esmito Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Esmito Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0010012).
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