Espirit Softwares Private Limited

Espirit Softwares Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2005PTC046815 Incorporated 27 September 2005 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹34.62 Lakh
▼ 45% YoY
Net loss · FY 2025
₹13 Lakh
Net margin -37.6%
EBITDA · FY 2025
-₹11.76 Lakh
EBITDA margin -34%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Open charges
₹2.99 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

About Espirit Softwares Private Limited

Data last updated:

Espirit Softwares Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 September 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2005PTC046815. Its GSTIN is 24AABCE6461D1Z0 (Gujarat).

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Ronak Satishchandra Patel and Archana Ronak Patel.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 311 Saraswati Complexnr Darbar Chowkdi Manjalpur, Vadodara, Gujarat, India – 390011.

As per the financials filed for FY 2025, the company reported a revenue of ₹34.62 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹13 Lakh (net margin -37.6%) and EBITDA of -₹11.76 Lakh (EBITDA margin -34%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹2.99 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900GJ2005PTC046815
Registration Number 046815
Incorporation Date 27 September 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Espirit Softwares Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    311 Saraswati Complexnr Darbar Chowkdi Manjalpur, Vadodara, Gujarat, India – 390011
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Espirit Softwares Private Limited, buy the company report.

Comprehensive company report
Espirit Softwares 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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Business activity

The main business activity of Espirit Softwares is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Espirit Softwares Private Limited, buy the company report.

Financials of Espirit Softwares Private Limited

FY 2025 filings available

Espirit Softwares Private Limited reported revenue of ₹34.62 Lakh (down 45% YoY) for FY 2025.

Revenue · FY 2025
₹34.62 Lakh ▼ 45%
Net loss · FY 2025
₹13 Lakh margin -37.6%
EBITDA · FY 2025
-₹11.76 Lakh margin -34%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 2%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 581%
3 years · compounded
▼ 142%
5 years · compounded
▼ 79%

Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 581% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹11.76 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13 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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-34%
Net Profit Margin-37.6%
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 Espirit Softwares Private Limited, buy the company report.

Board of directors of Espirit Softwares Private Limited

Espirit Softwares has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ronak Satishchandra PatelDirector01 Aug 200719 Years 2 MonthsCurrent
Archana Ronak PatelDirector24 Aug 201214 Years 2 MonthsCurrent

Peer comparison

Espirit Softwares Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tokom Software Private Limited₹34.65 Lakh (FY 2024)-26.0%Bhopal, Madhya Pradesh, India
Espirit Softwares Private Limitedthis company₹34.62 Lakh (FY 2025)-₹13 Lakh-37.6%-45.0%Vadodara, Gujarat, India
S.S. Compusoft Private Limited₹34.53 Lakh (FY 2024)26.0%Jaipur, Rajasthan, India
Topnotch Softsol India Private Limited₹34.5 Lakh (FY 2025)17.0%Hyderabad, Telangana, India

To see the full peer comparison of Espirit Softwares Private Limited, buy the company report.

Auditor

Espirit Softwares Private Limited is audited by SANJAY C SHAH & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
SANJAY C SHAH & COFY 2019112000W

Shareholding

The shareholding of Espirit Softwares Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Espirit Softwares Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.99 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Dec 200710081497State Bank of India₹2.99 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Espirit Softwares Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Espirit Softwares has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCE6461D1Z0GujaratActive07 Jun 2018

To see the full GST registrations and return filing status of Espirit Softwares Private Limited, buy the company report.

Recent activity

Espirit Softwares Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Bhawesh Kumar Jha ceased to be Director on 07 May 2014.

AGM
Espirit Softwares Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Espirit Softwares Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Bhawesh Kumar Jha ceased to be Director.
Ceased
Rahul Mahipal Choudhary ceased to be Director.
Appointed
Archana Ronak Patel was appointed as Director.
Ceased
Manoj Kumar Verma ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 2.99 Lakh with Charge ID 10081497 was registered on 10 Dec 2007.
Appointed
Ronak Satishchandra Patel was appointed as Director.
Incorporation
27 Sep 2005
Espirit Softwares Private Limited was registered on 27 Sep 2005 with Roc Ahmedabad & aged 21 years 28 days as per MCA records.

Frequently asked questions

Espirit Softwares is an active private limited company based in Vadodara, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 September 2005 (21+ years old) and is registered under CIN U72900GJ2005PTC046815.

Espirit Softwares has 2 current directors:

The latest financial statements of Espirit Softwares on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Espirit Softwares is 24AABCE6461D1Z0, registered in Gujarat.

The CIN (Corporate Identification Number) of Espirit Softwares is U72900GJ2005PTC046815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Espirit Softwares was incorporated on 27 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Espirit Softwares by revenue are Tokom Software Private Limited, S.S. Compusoft Private Limited, Topnotch Softsol India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).

Bhawesh Kumar Jha ceased to be Director on 07 May 2014. Rahul Mahipal Choudhary ceased to be Director on 26 Aug 2012. Archana Ronak Patel was appointed as Director on 24 Aug 2012. Espirit Softwares has 5 board changes on record in total.

The registered office of Espirit Softwares is at 311 Saraswati Complexnr Darbar Chowkdi Manjalpur, Vadodara, Gujarat, India – 390011.

Espirit Softwares operates in the information technology industry, in the application development and software solutions segment.

Espirit Softwares has open charges of ₹2.99 Lakh and no satisfied charges on record as per latest MCA filings.