About Essence Software Solutions Private Limited
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Essence Software Solutions Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300HR2015PTC056036. Its GSTIN is 06AAECE0090P1ZH (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jagjit Singh and Manuj Sanduja.
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 110 1st Floor Vipul Trade Center Sohna Road Sector – 48, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.75 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.81 Lakh (net margin 2.2%) and EBITDA of ₹5.31 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The company is associated with 2 brands: Schoolzpro and Essence Software Solutions. As per MCA filings, the company has open charges of ₹15 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 essencesoftwares.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address110 1st Floor Vipul Trade Center Sohna Road Sector – 48, Gurgaon, Haryana, India – 122001
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Essence Software Solutions Private Limited
The main business activity of Essence Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Essence Software Solutions Private Limited FY 2024 filings available
Essence Software Solutions Private Limited reported revenue of ₹1.75 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Essence Software Solutions Private Limited
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 6% 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 Essence Software Solutions Private Limited
| 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 | ₹5.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.81 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 of Essence Software Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Essence Software Solutions are in the company report.
Financial statements from FY 2016
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 Essence Software Solutions Private Limited
Essence Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| LDS Engineers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pal Infocom Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mohali, Punjab, India |
| Xinct Technologies Private Limited | •••• | •••• | •••• | •••• | - | Cuttack, Orissa, India |
| Techzook Erp Solutions Private Limited | •••• | •••• | •••• | •••• | - | Majitha, Punjab, India |
| Nslash Techlabs Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Essence Software Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Wehoop Technologies Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Itwine Technologies Private Limited | •••• | •••• | •••• | •••• | 34 | Bangalore, Karnataka, India |
| Aj Systel Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Apsis Consulting Services Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Insorce Operational Optimizers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Essence Software Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Essence Software Solutions Private Limited
Essence Software Solutions Private Limited is audited by Sonakshi Aggarwal for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sonakshi Aggarwal | 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 Essence Software Solutions Private Limited
Essence Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagjit Singh Also directs: Konverters Io Private Limited | Director | 10 Jul 2015 | 11 Years 2 Months | Current |
| Manuj Sanduja Also directs: Konverters Io Private Limited | Director | 10 Jul 2015 | 11 Years 2 Months | Current |
Ownership and Shareholding of Essence Software Solutions 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 Essence Software Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2024 | Others | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Essence Software Solutions Private Limited
Essence Software Solutions operates two associated brands: Schoolzpro and Essence Software Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based ERP software solutions for educational institutions. | schoolzpro.com | |
| Offers software development, mobile apps, IoT solutions, and digital marketing services. | essencesoftwares.com |
Employees and EPFO Compliance at Essence Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Essence Software Solutions.
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 Essence Software Solutions Private Limited
Essence Software Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Jagjit Singh was appointed as Director on 10 Jul 2015.
Credit Ratings, Litigation & Regulatory Alerts for Essence Software Solutions 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 Essence Software Solutions 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 Essence Software Solutions 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 Essence Software Solutions Private Limited
Essence Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECE0090P1ZH | Haryana | Active | 06 Mar 2019 |
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 Essence Software Solutions 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 Essence Software Solutions Private Limited
Essence Software Solutions is an active private limited company based in Gurgaon, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 July 2015 (11+ years old) and is registered under CIN U72300HR2015PTC056036.
Essence Software Solutions reported revenue of ₹1.75 Cr for FY 2024 (down 4% YoY).
Essence Software Solutions has 2 current directors:
- Jagjit Singh - Director
- Manuj Sanduja - Director
Essence Software Solutions reported a net profit of ₹3.81 Lakh (net margin 2.2%) and EBITDA of ₹5.31 Lakh (EBITDA margin 3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Essence Software Solutions is 25% over three years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Essence Software Solutions is 06AAECE0090P1ZH, registered in Haryana.
The CIN (Corporate Identification Number) of Essence Software Solutions is U72300HR2015PTC056036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essence Software Solutions was incorporated on 10 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Essence Software Solutions by revenue are LDS Engineers Private Limited, Pal Infocom Technologies Private Limited, Xinct Technologies Private Limited, Techzook Erp Solutions Private Limited, Nslash Techlabs Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Jagjit Singh was appointed as Director on 10 Jul 2015. Manuj Sanduja was appointed as Director on 10 Jul 2015.
Yes, Essence Software Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).