Everglades Technologies Private Limited

Everglades Technologies Private Limited - information technology in Visakhapatnam, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U72200AP2015PTC096703 Incorporated 20 May 2015 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Converted to LLP Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹61 Lakh
▼ 84% YoY
Net loss · FY 2022
₹2.44 Lakh
Net margin -4%
EBITDA · FY 2022
₹44.6 Lakh
EBITDA margin 73.1%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹22.5 Lakh
Issued & subscribed
Satisfied charges
₹3.09 Cr
No open charges
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings

About Everglades Technologies Private Limited

Data last updated:

Everglades Technologies Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 20 May 2015.

The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2015PTC096703. Its GSTIN is 37AADCE9824G1ZG (Andhra Pradesh).

The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹22.5 Lakh. It was led by directors Radha Krishna Tirrey (Managing Director) and Chaitanya Gunupudi.

Its last annual general meeting (AGM) was held on 21 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at D.No 50 – 84 – 11 Madhuranagar Seethammpeta Jn, Visakhapatnam, Andhra Pradesh, India – 530016.

As per the financials filed for FY 2022, the company reported a revenue of ₹61 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹2.44 Lakh (net margin -4%) and EBITDA of ₹44.6 Lakh (EBITDA margin 73.1%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 24% over five years.

As per MCA filings, the company has satisfied charges of ₹3.09 Cr on record.

The last known website on record is egladestech.com.

Company Details of Everglades Technologies Private Limited
CIN U72200AP2015PTC096703
Registration Number 096703
Incorporation Date 20 May 2015
ROC Vijayawada
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 21 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    D.No 50 – 84 – 11 Madhuranagar Seethammpeta Jn, Visakhapatnam, Andhra Pradesh, India – 530016
  • Industry
    Information Technology, Software Development & Support Services
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Financials, compliance, directors, charges, ownership and filings for Everglades Technologies Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of Everglades Technologies Private Limited

The main business activity of Everglades Technologies is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Everglades Technologies Private Limited FY 2024 filings available

Everglades Technologies Private Limited reported revenue of ₹61 Lakh (down 84% YoY) for FY 2022.

Revenue · FY 2022
₹61 Lakh ▼ 84%
Net loss · FY 2022
₹2.44 Lakh margin -4%
EBITDA · FY 2022
₹44.6 Lakh margin 73.1%

Compounded Annual Growth Rate (CAGR) of Everglades Technologies Private Limited

Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 50%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 30%
5 years · compounded
▼ 5%

Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 84% fall in the latest year. EBITDA fell 75% 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 Everglades Technologies Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹61 Lakh••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹44.6 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹2.44 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 Everglades Technologies Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin73.1%••••••••••••••••
Net Profit Margin-4%••••••••••••••••
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 Everglades Technologies are in the company report.

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Financial statements from FY 2016

Earlier years and trend charts are in the company report.

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Peer Comparison of Everglades Technologies Private Limited

Everglades Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Graphene Semiconductor Services Private Limited₹61.44 Lakh (FY 2023)••••••••77.0%••••Mumbai, Maharashtra, India
Precon Automation and Systems Private Limited₹61.36 Lakh (FY 2025)••••••••7.0%••••Thane, Maharashtra, India
Techstro Private Limited₹61.24 Lakh (FY 2025)••••••••73.0%••••Delhi, India
Infocare Technologies Private Limited₹61.16 Lakh (FY 2025)••••••••47.0%••••Navi Mumbai, Maharashtra, India
Ace Applied Software Services Private Limited₹61.1 Lakh (FY 2025)••••••••203567.0%••••Chennai, Tamil Nadu, India
Everglades Technologies Private Limited this company₹61 Lakh (FY 2022)••••••••-84.0%••••Visakhapatnam, Andhra Pradesh, India
Apoyphe Software Services Private Limited₹60.94 Lakh (FY 2025)••••••••34.0%••••Hyderabad, Telangana, India
Media Nucleus India Private Limited₹60.93 Lakh (FY 2025)••••••••-77.0%••••Mumbai, Maharashtra, India
Mehta Software Services Private Limited(Transferred From NCT of Delhi)₹60.86 Lakh (FY 2025)••••••••641.0%••••Ajmer, Rajasthan, India
Testscenario Private Limited₹60.75 Lakh (FY 2025)••••••••-44.0%••••Ahmedabad, Gujarat, India
Ncbrain (India) Software Private Limited₹60.74 Lakh (FY 2025)••••••••0.0%••••Palghar, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Everglades Technologies by revenue in the Information Technology industry (Software 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 Everglades Technologies Private Limited

Everglades Technologies Private Limited is audited by A S K & CO for the financial year 2019.

NameStatusAppointment DateCessation Date
A S K & COLockedLockedLocked
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Board of Directors of Everglades Technologies Private Limited

Everglades Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Radha Krishna TirreyManaging Director20 May 201511 Years 4 MonthsAs last reported
Chaitanya GunupudiDirector20 May 201511 Years 4 MonthsAs last reported

Ownership and Shareholding of Everglades Technologies Private Limited

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Charges & Borrowings of Everglades Technologies Private Limited

Open charges
None
Satisfied charges
₹3.09 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹3.09 Cr
Latest charge details
DateLenderAmountStatus
18 Apr 2019Hdfc Bank Limited₹3.09 CrSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Everglades Technologies Private Limited

Employment history and EPFO contributions of people linked to Everglades Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Everglades Technologies Private Limited

Everglades Technologies Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Radha Krishna Tirrey ceased to be Director on 18 Jun 2015.

AGM
Everglades Technologies Private Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.
Filing
Everglades Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge registered on 18 Apr 2019 via Charge ID 100256927 with Hdfc Bank Limited was fully satisfied on 15 Feb 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 309.37 Lakh registered on 18 Apr 2019 with Charge ID 100256927 was modified on 04 Jul 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 309.37 Lakh with Charge ID 100256927 was registered on 18 Apr 2019.
Ceased
Radha Krishna Tirrey ceased to be Director.
Appointed
Chaitanya Gunupudi was appointed as Director.
Appointed
Radha Krishna Tirrey was appointed as Managing Director.
Incorporation
20 May 2015
Everglades Technologies Private Limited was registered on 20 May 2015 with Roc Vijayawada & aged 11 years 4 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Everglades Technologies Private Limited

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MSME Payment Delays by Everglades Technologies Private Limited

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Subsidiaries & Group Companies of Everglades Technologies Private Limited

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GST Compliance of Everglades Technologies Private Limited

Everglades Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AADCE9824G1ZGAndhra PradeshActive21 Sep 2017
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MCA Filings & Documents of Everglades Technologies Private Limited

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Frequently Asked Questions about Everglades Technologies Private Limited

Everglades Technologies has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Everglades Technologies was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 20 May 2015 and is registered under CIN U72200AP2015PTC096703. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Everglades Technologies is U72200AP2015PTC096703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Everglades Technologies had 2 directors:

Everglades Technologies was incorporated on 20 May 2015. It is registered with the Registrar of Companies, Vijayawada.

Everglades Technologies can be reached through the website egladestech.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The registered office of Everglades Technologies is at D.No 50 – 84 – 11 Madhuranagar Seethammpeta Jn, Visakhapatnam, Andhra Pradesh, India – 530016.

Everglades Technologies reported revenue of ₹61 Lakh for FY 2022 (down 84% YoY).

Everglades Technologies has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹22.5 Lakh.

Everglades Technologies reported a net loss of ₹2.44 Lakh (net margin -4%) and EBITDA of ₹44.6 Lakh (EBITDA margin 73.1%) for FY 2022, as per its filed financial statements.

The GSTIN of Everglades Technologies is 37AADCE9824G1ZG, registered in Andhra Pradesh.

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