About Evolko Systems Private Limited
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Evolko Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC043033. Its GSTIN is 29AABCE7828G1ZF (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.97 Cr. It is led by directors including Anurag Khare and Aejaz Muslim.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 Block Beech Building Manyata Embassy Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹65.31 Lakh (net margin -15.4%) and EBITDA of -₹4.53 Lakh (EBITDA margin -1.1%). Revenue has grown at a compounded annual rate (CAGR) of 151% over three years and 203% over five years.
The company is associated with 1 brand: Evolko.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evolko.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressCb – 11 Ground Floor E – 1 Block Beech Building Manyata Embassy Business Park Outer Rin, G Raod, Bangalore, Karnataka, India – 560045
- 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
Associated Brands with Evolko Systems Private Limited
Evolko Systems operates one associated brand: Evolko. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile app for doctors to monitor and chat with their patients | evolko.com |
Competitors & Alternatives of Evolko Systems Private Limited
Brands and companies operating in the same space as Evolko Systems Private Limited include Hyro, CipherHealth, ixLayer and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hyro | An AI-based conversational platform is provided for healthcare task automation. | New York, United States | 2014 |
 CipherHealth | SaaS based tools for patient engagement | New York, United States | 2009 |
 ixLayer | Provider of cloud-based solution for precision and population health testing | San Francisco, United States | 2017 |
 Upfront Healthcare | Provider of data analytics platform to help clinics schedule and allocate resources | Chicago, United States | 2015 |
 PatientPoint | Patient engagement solutions for healthcare providers at point of care | Cincinnati, United States | 1987 |
 b.well | Personalized health management with rewards for goals is facilitated. | Eldersburg, United States | 2015 |
 GetWellNetwork | Interactive software is developed for patient engagement in hospital care. | Bethesda, United States | 1999 |
 ConnectiveRx | Provider of patient engagement and prior authorization solutions | Hanover, United States | 2008 |
 Envera Health | Digital patient engagement platforms are provided for healthcare providers. | Richmond, United States | 2015 |
 Zimmer Biomet | Medical devices for multiple health purposes are manufactured. | Warsaw, United States | 1927 |
Business Activity of Evolko Systems Private Limited
The main business activity of Evolko Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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.
Auditor Details of Evolko Systems Private Limited
Evolko Systems Private Limited is audited by H. S. Sathyanarayana for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. S. Sathyanarayana | 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 Evolko Systems Private Limited
Evolko Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Khare | Director | 06 Jun 2007 | 19 Years 4 Months | Current |
| Aejaz Muslim | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Amit Khare | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
Financials of Evolko Systems Private Limited FY 2024 filings available
Evolko Systems Private Limited reported revenue of ₹4.23 Cr (up 648% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Evolko Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 203% over five years, including 648% growth in the latest year. EBITDA rose 98% 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 Evolko 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹65.31 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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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Evolko Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.4% | •••• | •••• | •••• | •••• |
| 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 Evolko 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.
Ownership and Shareholding of Evolko 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 Evolko Systems Private Limited
Evolko Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Evolko Systems Private Limited
Employment history and EPFO contributions of people linked to Evolko 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.
GST Compliance of Evolko Systems Private Limited
Evolko Systems has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE7828G1ZF | Karnataka | Active | 16 Sep 2021 |
| 09AABCE7828G1ZH | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AABCE7828G1ZJ | Maharashtra | Active | 14 Apr 2020 |
| 07AABCE7828G1ZL | Delhi | Active | 05 Nov 2020 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Evolko 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 Evolko 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 Evolko 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.
MCA Filings & Documents of Evolko 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.
Recent Activity on Evolko Systems Private Limited
Frequently Asked Questions about Evolko Systems Private Limited
Evolko Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 June 2007 (19+ years old) and is registered under CIN U72200KA2007PTC043033.
Evolko Systems reported revenue of ₹4.23 Cr for FY 2024 (up 648% YoY).
Evolko Systems has 3 current directors:
- Anurag Khare - Director
- Aejaz Muslim - Director
- Amit Khare - Director
Evolko Systems reported a net loss of ₹65.31 Lakh (net margin -15.4%) and EBITDA of -₹4.53 Lakh (EBITDA margin -1.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Evolko Systems is 151% over three years and 203% over five years. In the latest year (FY 2024) revenue rose 648%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Evolko Systems is 29AABCE7828G1ZF, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AABCE7828G1ZH (Uttar Pradesh), 27AABCE7828G1ZJ (Maharashtra), 07AABCE7828G1ZL (Delhi).
The CIN (Corporate Identification Number) of Evolko Systems is U72200KA2007PTC043033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolko Systems was incorporated on 06 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Evolko Systems can be reached through the website evolko.com. Its registered office is in Bangalore, Karnataka, India.