MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0027827
Evolet Enterprises Private Limited
Evolet Enterprises Private Limited - healthcare in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.29 Cr
▲ 15% YoY
Net profit · FY 2025
₹1.43 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹13.59 Lakh
EBITDA margin 5.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.18 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Evolet Enterprises Private Limited
Data last updated:
Evolet Enterprises Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 06 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U24233MH2011PTC221576. Its GSTIN is 27AADCE6739Q1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Evolet Remedial Private Limited. It is led by directors including Bharati Sujit Gulalkari and Sujit Ishwarlal Gulalkari.
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 203 Shivshakti Appartment Plot No.30 Naik Layout Jaitala Road, Nagpur, Maharashtra, India – 440022.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.29 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Lakh (net margin 0.6%) and EBITDA of ₹13.59 Lakh (EBITDA margin 5.9%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹1.18 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Evolet Enterprises Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0027827). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24233MH2011PTC221576
Registration Number 221576
Incorporation Date 06 September 2011
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-20-0027827
Key People
Bharati Sujit Gulalkari Director Sujit Ishwarlal Gulalkari Director Jaishree Ishwarlal Gulalkari Director Recognitions & Rankings of Evolet Enterprises
Contact details
Evolet Enterprises Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address203 Shivshakti Appartment Plot No.30 Naik Layout Jaitala Road, Nagpur, Maharashtra, India – 440022
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Evolet Enterprises Private Limited, buy the company report.
Comprehensive company report
Evolet Enterprises 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Evolet Enterprises is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Evolet Enterprises Private Limited, buy the company report.
Financials of Evolet Enterprises Private Limited
FY 2025 filings availableEvolet Enterprises Private Limited reported revenue of ₹2.29 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹2.29 Cr ▲ 15%
Net profit · FY 2025
₹1.43 Lakh margin 0.6%
EBITDA · FY 2025
₹13.59 Lakh margin 5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 6%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 9%
5 years · compounded
▼ 3%
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 27% 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
| 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 | ₹13.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.43 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Evolet Enterprises Private Limited, buy the company report.
Board of directors of Evolet Enterprises Private Limited
Evolet Enterprises has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharati Sujit Gulalkari | Director | 17 Jun 2014 | 12 Years 4 Months | Current |
| Sujit Ishwarlal Gulalkari | Director | 06 Sep 2011 | 15 Years 1 Months | Current |
| Jaishree Ishwarlal Gulalkari | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Evolet Enterprises Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Progen Sas Technologies India Private Limited | ₹2.3 Cr (FY 2020) | 1.0% | Delhi, India | |||
| Exxpedyt Integrated Synergies Private Limited | ₹2.29 Cr (FY 2025) | -91.0% | New Delhi, Delhi, India | |||
| Evolet Enterprises Private Limitedthis company | ₹2.29 Cr (FY 2025) | ₹1.43 Lakh | 0.6% | 15.0% | Nagpur, Maharashtra, India | |
| Ags Medical Systems Private Limited | ₹2.25 Cr (FY 2016) | 62.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Evolet Enterprises Private Limited, buy the company report.
Auditor
Evolet Enterprises Private Limited is audited by SHAH & RAUT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & RAUT | FY 2023 | 121020W |
Shareholding
The shareholding of Evolet Enterprises Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evolet Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.18 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2020 | 100388138 | Others | ₹60 Lakh | Open | |
| 30 Sep 2020 | 100378775 | Others | ₹30.13 Lakh | Open | |
| 28 Mar 2016 | 100021340 | Others | ₹28 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Evolet Enterprises Private Limited has 1 court case on record: 1 filed by Evolet Enterprises. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Evolet Enterprises Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evolet Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evolet Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE6739Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evolet Enterprises Private Limited, buy the company report.
Recent activity
Evolet Enterprises Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Jaishree Ishwarlal Gulalkari was appointed as Director on 01 Apr 2017.
AGM
Evolet Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Evolet Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100388138 was registered on 23 Oct 2020.
Charges
A charge with Others amounted to Rs. 30.13 Lakh with Charge ID 100378775 was registered on 30 Sep 2020.
Appointed
Jaishree Ishwarlal Gulalkari was appointed as Director.
Charges
A charge with Others amounted to Rs. 28.00 Lakh with Charge ID 100021340 was registered on 28 Mar 2016.
Ceased
Pravinkumar Ratanlalji Rathi ceased to be Director.
Appointed
Bharati Sujit Gulalkari was appointed as Director.
Appointed
Sujit Ishwarlal Gulalkari was appointed as Director.
Incorporation
06 Sep 2011
Evolet Enterprises Private Limited was registered on 06 Sep 2011 with Roc Nagpur & aged 15 years 1 month as per MCA records.
Frequently asked questions
Evolet Enterprises is an active private limited company based in Nagpur, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 06 September 2011 (15+ years old) and is registered under CIN U24233MH2011PTC221576.
Evolet Enterprises has 3 current directors:
- Bharati Sujit Gulalkari - Director
- Sujit Ishwarlal Gulalkari - Director
- Jaishree Ishwarlal Gulalkari - Director
The latest financial statements of Evolet Enterprises 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 Evolet Enterprises is 27AADCE6739Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Evolet Enterprises is U24233MH2011PTC221576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolet Enterprises has 1 court case on record: 1 filed by the company. 1 is pending.
Evolet Enterprises was incorporated on 06 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Evolet Enterprises by revenue are Progen Sas Technologies India Private Limited, Exxpedyt Integrated Synergies Private Limited, Ags Medical Systems Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (retail trading).
Jaishree Ishwarlal Gulalkari was appointed as Director on 01 Apr 2017. Pravinkumar Ratanlalji Rathi ceased to be Director on 18 Jun 2014. Bharati Sujit Gulalkari was appointed as Director on 17 Jun 2014. Evolet Enterprises has 4 board changes on record in total.
Yes, Evolet Enterprises is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0027827).
The registered office of Evolet Enterprises is at 203 Shivshakti Appartment Plot No.30 Naik Layout Jaitala Road, Nagpur, Maharashtra, India – 440022.