Evoltech India Private Limited
About Evoltech India Private Limited
Data last updated:
Evoltech India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2021PTC141991. Its GSTIN is 33AAICG9038K1ZA (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lakshmanan Govindaswamy and Vasudevan Gajalakshmi.
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 No 1 Ekangipuram 2nd Street Ayanavaram, Chennai, Tamil Nadu, India – 600023.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.7 Lakh (net margin -2%) and EBITDA of ₹2.49 Lakh (EBITDA margin 0.7%).
The company has about 22 employees on its provident fund (EPFO) records.
Company details
Contact details
Evoltech India Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 1 Ekangipuram 2nd Street Ayanavaram, Chennai, Tamil Nadu, India – 600023
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Evoltech India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Evoltech India is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Evoltech India Private Limited, buy the company report.
Financials of Evoltech India Private Limited
FY 2025 filings availableEvoltech India Private Limited reported revenue of ₹3.37 Cr (up 159% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 159% in the latest year. EBITDA fell 83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | ₹2.49 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.7 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.7% | |||
| Net Profit Margin | -2% | |||
| 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 Evoltech India Private Limited, buy the company report.
Board of directors of Evoltech India Private Limited
Evoltech India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmanan Govindaswamy | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Vasudevan Gajalakshmi | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Ramya Seshadri | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Evoltech India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| European Business and Technology Centre | ₹3.38 Cr (FY 2024) | -2.0% | New Delhi, Delhi, India | |||
| Afterthought Feedback Services Private Limited | ₹3.38 Cr (FY 2025) | 84.0% | Warangal, Telangana, India | |||
| KVG Projects Private Limited | ₹3.38 Cr (FY 2024) | -70.0% | New Delhi, Delhi, India | |||
| Kottaianna Swamy Consultancy Private Limited | ₹3.38 Cr (FY 2025) | 18.0% | Erode, Tamil Nadu, India | |||
| Oiggio Ventures Private Limited | ₹3.38 Cr (FY 2024) | 125.0% | Delhi, India | |||
| Evoltech India Private Limitedthis company | ₹3.37 Cr (FY 2024) | -₹6.7 Lakh | -2% | 159.0% | Chennai, Tamil Nadu, India | |
| Oscar Analytical Private Limited | ₹3.37 Cr (FY 2025) | 53.0% | Nadiad, Gujarat, India | |||
| Dlabs Incubator Association | ₹3.37 Cr (FY 2025) | 48.0% | Hyderabad, Telangana, India | |||
| Consultivo Business Solutions Private Limited | ₹3.37 Cr (FY 2025) | 30.0% | Kolkata, West Bengal, India | |||
| Indus Technical & Financial Consultants Private Limited | ₹3.36 Cr (FY 2025) | 35.0% | Raipur, Chhattisgarh, India | |||
| Mechbulls Management Services Private Limited | ₹3.35 Cr (FY 2021) | -1.0% | Mohipalpur, Delhi, India |
To see the full peer comparison of Evoltech India Private Limited, buy the company report.
Auditor
Evoltech India Private Limited is audited by BALASUBRAMANIAN.S for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALASUBRAMANIAN.S | FY 2023 | 024848 |
Shareholding
The shareholding of Evoltech India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Evoltech India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Evoltech India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evoltech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evoltech India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICG9038K1ZA | Tamil Nadu | Active | 27 Oct 2021 |
To see the full GST registrations and return filing status of Evoltech India Private Limited, buy the company report.
Recent activity
Evoltech India Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Lakshmanan Govindaswamy was appointed as Director on 11 Mar 2021.
Frequently asked questions
Evoltech India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 March 2021 (5+ years old) and is registered under CIN U72900TN2021PTC141991.
Evoltech India has 3 current directors:
- Lakshmanan Govindaswamy - Director
- Vasudevan Gajalakshmi - Director
- Ramya Seshadri - Director
The latest financial statements of Evoltech India 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 FY 2021 are in the company report.
The GSTIN of Evoltech India is 33AAICG9038K1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Evoltech India is U72900TN2021PTC141991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evoltech India was incorporated on 11 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Evoltech India by revenue are European Business and Technology Centre, Afterthought Feedback Services Private Limited, KVG Projects Private Limited, Kottaianna Swamy Consultancy Private Limited, Oiggio Ventures Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Lakshmanan Govindaswamy was appointed as Director on 11 Mar 2021. Ramya Seshadri was appointed as Director on 11 Mar 2021. Vasudevan Gajalakshmi was appointed as Director on 11 Mar 2021.
The registered office of Evoltech India is at No 1 Ekangipuram 2nd Street Ayanavaram, Chennai, Tamil Nadu, India – 600023.
Evoltech India operates in the information technology industry, in the IT consulting and support services segment.
Evoltech India can be reached at its registered office: No 1 Ekangipuram 2nd Street Ayanavaram, Chennai, Tamil Nadu, India – 600023.