About Etaxway Services Limited
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Etaxway Services Limited is a public limited company based in Ajmer, Rajasthan, India, a subsidiary of Taxwaycapital Advisory Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U93090RJ2016PLC054912. Its GSTIN is 08AAECE2976J1ZA (Rajasthan).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹28.8 Lakh. It is led by directors including Rishabh Harshwal and Khushboo Saini.
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 Taxway Building Jeevan Jyoti Danmal Mathur Colony Gulab Bari, Ajmer, Rajasthan, India – 305001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.58 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹4.67 Lakh (net margin 3%) and EBITDA of ₹13.19 Lakh (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website etaxwayservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressTaxway Building Jeevan Jyoti Danmal Mathur Colony Gulab Bari, Ajmer, Rajasthan, India – 305001
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Etaxway Services Limited
The main business activity of Etaxway Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | 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 Etaxway Services Limited FY 2025 filings available
Etaxway Services Limited reported revenue of ₹1.58 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Etaxway Services Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 30% fall in the latest year. EBITDA fell 8% 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 Etaxway Services Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹13.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.67 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 Etaxway Services Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Etaxway Services are in the company report.
Financial statements from FY 2017
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 Etaxway Services Limited
Etaxway Services Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Technoamaze Solutions Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Nagpur, Maharashtra, India |
| Milores Global Systems Private Limited | ₹1.58 Cr (FY 2024) | •••• | •••• | 171.0% | •••• | Bangalore, Karnataka, India |
| Appsbuild Infotech Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Ahmedabad, Gujarat, India |
| Sunone Technologies Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Navayuga Spatial Technologies Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Hyderabad, Telangana, India |
| Etaxway Services Limited this company | ₹1.58 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Ajmer, Rajasthan, India |
| Keshan Infotech Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 92.0% | •••• | Kolkata, West Bengal, India |
| Axonator Private Limited | ₹1.58 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Pune, Maharashtra, India |
| Aim Computer Consulting Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Secunderabad, Telangana, India |
| CMS Edge Solutions Private Limited | ₹1.58 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Silicon Audio Video Technologies Private Limited | ₹1.58 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Etaxway Services by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Etaxway Services Limited
Etaxway Services Limited is audited by JAIN DEEPA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN DEEPA & ASSOCIATES | 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 Etaxway Services Limited
Etaxway Services has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Harshwal | Director | 06 Feb 2021 | 5 Years 8 Months | Current |
| Niranjan Kumar Also directs: Advanced Taxway Services Limited | Additional Director | 22 Feb 2023 | 3 Years 7 Months | Current |
| Khushboo Saini Also directs: Advanced Taxway Services Limited | Director | 12 Oct 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Etaxway Services 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 Etaxway Services Limited
Etaxway Services Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Etaxway Services Limited
Etaxway Services Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jamnagar, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Etaxway Services Limited
Employment history and EPFO contributions of people linked to Etaxway Services.
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 Etaxway Services Limited
Etaxway Services Limited has 12 board changes on record since 2017: 3 appointments and 9 cessations. The latest: Niranjan Kumar was appointed as Additional Director on 22 Feb 2023.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Etaxway Services 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 Etaxway Services 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 Etaxway Services 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 Etaxway Services Limited
Etaxway Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECE2976J1ZA | Rajasthan | Active | 01 Jul 2017 |
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 Etaxway Services 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 Etaxway Services Limited
Etaxway Services is an active public limited company based in Ajmer, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 May 2016 (10+ years old) and is registered under CIN U93090RJ2016PLC054912.
Etaxway Services reported revenue of ₹1.58 Cr for FY 2025 (down 30% YoY).
Etaxway Services has 3 current directors:
- Rishabh Harshwal - Director
- Niranjan Kumar - Additional Director
- Khushboo Saini - Director
Etaxway Services reported a net profit of ₹4.67 Lakh (net margin 3%) and EBITDA of ₹13.19 Lakh (EBITDA margin 8.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Etaxway Services is -12% over three years and -11% over five years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Etaxway Services is 08AAECE2976J1ZA, registered in Rajasthan.
The CIN (Corporate Identification Number) of Etaxway Services is U93090RJ2016PLC054912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Etaxway Services has 1 court case on record: 1 filed against it. 1 is pending.
Etaxway Services was incorporated on 12 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Etaxway Services by revenue are Technoamaze Solutions Private Limited, Milores Global Systems Private Limited, Appsbuild Infotech Private Limited, Sunone Technologies Private Limited, Navayuga Spatial Technologies Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Niranjan Kumar was appointed as Additional Director on 22 Feb 2023. Rishabh Harshwal ceased to be Additional Director on 30 Apr 2022. Girish Tak ceased to be Director on 06 Feb 2021. Etaxway Services has 12 board changes on record in total.