
About Evolgence IT Systems Private Limited
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Evolgence IT Systems Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2007PTC054337. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Srikanth Pillarisetty and Vijaya Kumari Pillarisetty.
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 #12 – 10 – 336/2/2 Ramalayam Street Seethafalmandi Secunderabad, Hyderabad, Telangana, India – 500061.
The company is associated with 1 brand: Evolgence. As per MCA filings, the company has open charges of ₹1.15 Cr on record. Court records list 11 cases involving the company, including 11 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 evolgence.com.
- EmailLocked
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- Website
- Social MediaLocked
- Registered Address#12 – 10 – 336/2/2 Ramalayam Street Seethafalmandi Secunderabad, Hyderabad, Telangana, India – 500061
- 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
Financials of Evolgence IT Systems Private Limited FY 2025 filings available
Evolgence IT Systems Private Limited reported revenue of ₹593 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Evolgence IT Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years, including a 99% fall 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 Evolgence IT Systems 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Evolgence IT Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Evolgence IT Systems are in the company report.
Financial statements from 2015
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 Evolgence IT Systems Private Limited
Evolgence IT Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cloudpragma Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Miro Labs Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Sindhu Synergy Limited | •••• | •••• | •••• | •••• | - | Hyderabad., Telangana, India |
| Dreamz PBC Web Lenghth Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Novolytics Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Evolgence IT Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Ut Engineering Designs Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Beganto Software Systems Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Adeptech Systems Private Limited | •••• | •••• | •••• | •••• | - | Rangareddy, Telangana, India |
| Constant-Lab Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mira Road, Maharashtra, India |
| Po Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Evolgence IT Systems by revenue in the Information Technology industry (Application Development), 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 Evolgence IT Systems Private Limited
Evolgence IT Systems Private Limited is audited by ANANT RAO & MALLIK for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANANT RAO & MALLIK | 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 Evolgence IT Systems Private Limited
Evolgence IT Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikanth Pillarisetty Also directs: Evolgence Telecom Systems Private Limited | Director | 07 Jun 2007 | 19 Years 4 Months | Current |
| Vijaya Kumari Pillarisetty Also directs: Evolgence Telecom Systems Private Limited | Director | 07 Jun 2007 | 19 Years 4 Months | Current |
| Aravind Govardhan Prasad Also directs: Deepgrid Semi Private Limited, Deepgrid Data Center Private Limited, Smsgrid IT Solutions Private Limited and 1 more | Director | 07 Jun 2007 | 19 Years 4 Months | Current |
Ownership and Shareholding of Evolgence IT Systems 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 Evolgence IT Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2008 | State Bank of Mysore | ₹1.15 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Evolgence IT Systems Private Limited
Evolgence IT Systems Private Limited has 11 court cases on record: 11 filed against it. 1 case is pending and 10 are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed against the company by Bharat Sanchar Nigam Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Solutions Infi Technologies India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Solutions Infi Technologies India Pvt Ltd | Disposed |
Full case history
All 11 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.
Associated Brands with Evolgence IT Systems Private Limited
Evolgence IT Systems operates one associated brand: Evolgence. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides mobile and cloud-based communication platforms for business collaboration. | evolgence.com |
Employees and EPFO Compliance at Evolgence IT Systems Private Limited
Employment history and EPFO contributions of people linked to Evolgence IT Systems.
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.
CIN History of Evolgence IT Systems Private Limited
Evolgence IT Systems has one previous CIN (Corporate Identification Number): U72200AP2007PTC054337. The current CIN is U72200TG2007PTC054337, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2007PTC054337 | Current |
| U72200AP2007PTC054337 | Previous |
Recent Activity on Evolgence IT Systems Private Limited
Evolgence IT Systems Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Goverdhan Muralidhar Naidu ceased to be Director on 03 Dec 2014.
Credit Ratings, Litigation & Regulatory Alerts for Evolgence IT Systems 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 Evolgence IT Systems 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 Evolgence IT Systems 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 Evolgence IT Systems Private Limited
Evolgence IT Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Evolgence IT Systems 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 Evolgence IT Systems Private Limited
Evolgence IT Systems is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 June 2007 (19+ years old) and is registered under CIN U72200TG2007PTC054337.
Evolgence IT Systems has 3 current directors:
- Srikanth Pillarisetty - Director
- Vijaya Kumari Pillarisetty - Director
- Aravind Govardhan Prasad - Director
No. Evolgence IT Systems has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Evolgence IT Systems is U72200TG2007PTC054337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolgence IT Systems has 11 court cases on record: 11 filed against it. 1 is pending. Most are in the district courts.
Evolgence IT Systems was incorporated on 07 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Evolgence IT Systems by revenue are Cloudpragma Technologies Private Limited, Miro Labs Private Limited, Sindhu Synergy Limited, Dreamz PBC Web Lenghth Private Limited, Novolytics Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Goverdhan Muralidhar Naidu ceased to be Director on 03 Dec 2014. Aravind Govardhan Prasad was appointed as Director on 07 Jun 2007. Srikanth Pillarisetty was appointed as Director on 07 Jun 2007. Evolgence IT Systems has 4 board changes on record in total.
Evolgence IT Systems can be reached through the website evolgence.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Evolgence IT Systems is at #12 – 10 – 33622 Ramalayam Street Seethafalmandi Secunderabad, Hyderabad, Telangana, India – 500061.
Evolgence IT Systems has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh.