Essentially AI Private Limited

Essentially AI Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2021PTC358305 Incorporated 05 April 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2025
₹5.27 Lakh
▼ 93% YoY
Net loss · FY 2025
₹94.38 Lakh
Latest filing
EBITDA · FY 2025
-₹94.38 Lakh
Latest filing
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹91 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Essentially AI Private Limited

Data last updated:

Essentially AI Private Limited is a private limited company based in Mumbai, Maharashtra, 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 05 April 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2021PTC358305. Its GSTIN is 27AAGCE4089C1ZN (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91 Lakh. It is led by directors Divyesh Chandrakant Sejpal and Kiran Divyesh Sejpal.

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 2007 – 2008 Cyber One Plot No 4 Sector 30A Vashi, Mumbai, Maharashtra, India – 400703.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.27 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹94.38 Lakh and EBITDA of -₹94.38 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 460% over three years.

For more details, the company can be reached via its website essentially.ai.

Company details

CIN U74999MH2021PTC358305
Registration Number 358305
Incorporation Date 05 April 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Divyesh Chandrakant Sejpal Director Kiran Divyesh Sejpal Director

Recognitions & Rankings of Essentially AI

DPIIT recognised startup Government of India
Startup India

Contact details

Essentially AI Private Limited's registered office is in Mumbai, Maharashtra. Its website is essentially.ai. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    essentially.ai
  • Registered Address
    2007 – 2008 Cyber One Plot No 4 Sector 30A Vashi, Mumbai, Maharashtra, India – 400703
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Essentially AI Private Limited, buy the company report.

Comprehensive company report
Essentially AI 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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Financials of Essentially AI Private Limited

FY 2025 filings available

Essentially AI Private Limited reported revenue of ₹5.27 Lakh (down 93% YoY) for FY 2025.

Revenue · FY 2025
₹5.27 Lakh ▼ 93%
Net loss · FY 2025
₹94.38 Lakh
EBITDA · FY 2025
-₹94.38 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 93%
3 years · compounded
▲ 460%
EBITDA CAGR growth
1 year
▼ 257%
3 years · compounded
▼ 78%

Revenue fell 93% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 460%. EBITDA fell 257% 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 2021-22
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-₹94.38 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹94.38 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 2021-22
Profitability
EBITDA Margin
Net Profit Margin
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 Essentially AI Private Limited, buy the company report.

Board of directors of Essentially AI Private Limited

Essentially AI has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Divyesh Chandrakant Sejpal
Also directs: Arunlal Hotels and Investments Private Limited, Shayona Properties Private Limited, Ace Metal Seals Private Limited and 1 more
Director01 Sep 20233 Years 2 MonthsCurrent
Kiran Divyesh Sejpal
Also directs: Systematik Overseas LLP, Saj Estate Developers Private Limited, Arunlal Hotels and Investments Private Limited and 5 more
Director01 Sep 20233 Years 2 MonthsCurrent
View all directors

Auditor

Essentially AI Private Limited is audited by P.B. Jokhi & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P.B. Jokhi & CoFY 2023154860W

Shareholding

The shareholding of Essentially AI Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Essentially AI Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Essentially AI Private Limited has 1 active EPFO establishment as of Apr 09, 2024.

Active EPFO establishments
1

GST

Essentially AI has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCE4089C1ZNMaharashtraActive14 Jul 2021

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

Recent activity

Essentially AI Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Divyesh Chandrakant Sejpal ceased to be Additional Director on 29 Sep 2023.

AGM
Essentially Ai Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Essentially Ai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Divyesh Chandrakant Sejpal ceased to be Additional Director.
Ceased
Kiran Divyesh Sejpal ceased to be Additional Director.
Ceased
Eshaan Ewart Lazarus ceased to be Director.
Ceased
Vaidehi Divyesh Sejpal ceased to be Director.
Appointed
Divyesh Chandrakant Sejpal was appointed as Director.
Appointed
Kiran Divyesh Sejpal was appointed as Director.
Incorporation
05 Apr 2021
Essentially Ai Private Limited was registered on 05 Apr 2021 with Roc Mumbai Ii & aged 5 years 6 months as per MCA records.

Frequently asked questions

Essentially AI is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 April 2021 (5+ years old) and is registered under CIN U74999MH2021PTC358305.

Essentially AI has 2 current directors:

The latest financial statements of Essentially AI 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 FY 2022 are in the company report.

The GSTIN of Essentially AI is 27AAGCE4089C1ZN, registered in Maharashtra.

The CIN (Corporate Identification Number) of Essentially AI is U74999MH2021PTC358305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Essentially AI was incorporated on 05 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

Divyesh Chandrakant Sejpal ceased to be Additional Director on 29 Sep 2023. Kiran Divyesh Sejpal ceased to be Additional Director on 29 Sep 2023. Eshaan Ewart Lazarus ceased to be Director on 04 Sep 2023. Essentially AI has 6 board changes on record in total.

Yes, Essentially AI is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Essentially AI can be reached through the website essentially.ai. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Essentially AI is at 2007 – 2008 Cyber One Plot No 4 Sector 30A Vashi, Mumbai, Maharashtra, India – 400703.