About Evolgence Telecom Systems Private Limited
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Evolgence Telecom Systems Private Limited is a private limited company based in Secunderabad, Telangana, 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 08 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U32200TG2013PTC090924. Its GSTIN is 36AADCE5347C1ZW (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. 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 Sitaphalmandi, Secunderabad, Telangana, India – 500061.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.75 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹26.39 Lakh (net margin 2.1%) and EBITDA of ₹1.27 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 24% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Evolgence and SpearOn. As per MCA filings, the company has open charges of ₹1.09 Cr on record.
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
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address12 – 10 – 336/2/2 Ramalayam Street Sitaphalmandi, Secunderabad, 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
Business Activity of Evolgence Telecom Systems Private Limited
The main business activity of Evolgence Telecom Systems is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication 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 Evolgence Telecom Systems Private Limited FY 2025 filings available
Evolgence Telecom Systems Private Limited reported revenue of ₹12.75 Cr (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Evolgence Telecom Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 31% growth in the latest year. EBITDA rose 44% 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 Telecom 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 | ₹1.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.39 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Evolgence Telecom Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 Telecom 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 Telecom Systems Private Limited
Evolgence Telecom Systems Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Equipment and Technology). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Modern Mobitech Private Limited | •••• | •••• | •••• | •••• | - | Chinsurah, West Bengal, India |
| Canoga Perkins India Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Tambora Systems India Private Limited | •••• | •••• | •••• | •••• | - | Bhuwaneshwari Nagar Bangalore, Karnataka, India |
| Lakecity Telecom Private Limited | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Audiocodes India Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Evolgence Telecom Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Bhagwati Indo Power Private Limited | •••• | •••• | •••• | •••• | - | Ferozepur Cantt, Punjab, India |
| Derit Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Genband Telecommunications Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Aeconnect India Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Classic Associates Teleservices Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Evolgence Telecom Systems by revenue in the Telecom industry (Telecom Equipment and Technology), 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 Telecom Systems Private Limited
Evolgence Telecom Systems Private Limited is audited by ANANT RAO & MALLIK for the financial year 2023.
| 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 Telecom Systems Private Limited
Evolgence Telecom Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikanth Pillarisetty Also directs: Evolgence IT Systems Private Limited | Director | 08 Nov 2013 | 12 Years 10 Months | Current |
| Vijaya Kumari Pillarisetty Also directs: Evolgence IT Systems Private Limited | Director | 08 Nov 2013 | 12 Years 10 Months | Current |
| Madhavi Kovelamudi Also directs: Astrolync LLP, Earth Love Ecommerce Private Limited, R.K. Teleshow Private Limited and 1 more | Director | 01 May 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Evolgence Telecom 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 Telecom Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2024 | Hdfc Bank Limited | ₹50.23 Lakh | Open |
| 10 Jun 2024 | Others | ₹58.35 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Evolgence Telecom Systems Private Limited
Evolgence Telecom Systems operates two associated brands: Evolgence and SpearOn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides mobile and cloud-based communication platforms for business collaboration. | evolgence.com | |
| Provides virtual call centre solutions via mobile app for outsourcing and customer outreach. | spearon.com |
Employees and EPFO Compliance at Evolgence Telecom Systems Private Limited
Evolgence Telecom Systems Private Limited has a workforce of 36 employees as of Sep 26, 2025.
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 Telecom Systems Private Limited
Evolgence Telecom Systems has one previous CIN (Corporate Identification Number): U32200AP2013PTC090924. The current CIN is U32200TG2013PTC090924, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32200TG2013PTC090924 | Current |
| U32200AP2013PTC090924 | Previous |
Recent Activity on Evolgence Telecom Systems Private Limited
Evolgence Telecom Systems Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Madhavi Kovelamudi was appointed as Director on 01 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Evolgence Telecom 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 Telecom 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 Telecom 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 Telecom Systems Private Limited
Evolgence Telecom Systems has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCE5347C1ZW | Telangana | Active | 01 Jul 2017 |
| 37AADCE5347C2ZT | Andhra Pradesh | Active | 25 Sep 2019 |
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 Telecom 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 Telecom Systems Private Limited
Evolgence Telecom Systems is an active private limited company based in Secunderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 November 2013 (13+ years old) and is registered under CIN U32200TG2013PTC090924.
Evolgence Telecom Systems reported revenue of ₹12.75 Cr for FY 2024 (up 31% YoY).
Evolgence Telecom Systems has 3 current directors:
- Srikanth Pillarisetty - Director
- Vijaya Kumari Pillarisetty - Director
- Madhavi Kovelamudi - Director
Evolgence Telecom Systems reported a net profit of ₹26.39 Lakh (net margin 2.1%) and EBITDA of ₹1.27 Cr (EBITDA margin 10%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Evolgence Telecom Systems is 9% over three years and 24% over five years. In the latest year (FY 2024) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Evolgence Telecom Systems is 36AADCE5347C1ZW, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AADCE5347C2ZT (Andhra Pradesh).
The CIN (Corporate Identification Number) of Evolgence Telecom Systems is U32200TG2013PTC090924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolgence Telecom Systems was incorporated on 08 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Evolgence Telecom Systems by revenue are Modern Mobitech Private Limited, Canoga Perkins India Private Limited, Tambora Systems India Private Limited, Lakecity Telecom Private Limited, Audiocodes India Private Limited and 5 more, all in the Telecom industry (Telecom Equipment and Technology).
Madhavi Kovelamudi was appointed as Director on 01 May 2016. Srikanth Pillarisetty was appointed as Director on 08 Nov 2013. Vijaya Kumari Pillarisetty was appointed as Director on 08 Nov 2013.
Yes, Evolgence Telecom Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).