About Evolutech Networks Private Limited
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Evolutech Networks Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 26 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U32202TZ2009PTC015438. Its GSTIN is 33AACCE2243C1ZE (Tamil Nadu).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Wahab Nishana Parvin and Abdulmajeed Sathat Ali.
Its last annual general meeting (AGM) was held on 01 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 72A Hudco Colony Tatabad, Coimbatore, Tamil Nadu, India – 641012.
As per the financials filed for FY 2022, the company reported a revenue of ₹22.3 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹2.05 Lakh (net margin -9.2%) and EBITDA of ₹2.27 Lakh (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 29% over five years.
The company is associated with 1 brand: Evolutech Networks.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evolutechnetworks.com.
Company details
Contact details
Evolutech Networks Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is evolutechnetworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address72A Hudco Colony Tatabad, Coimbatore, Tamil Nadu, India – 641012
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Evolutech Networks 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
Brands
Evolutech Networks operates one associated brand: Evolutech Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops building energy and lighting control systems for efficiency. | evolutechnetworks.com |
Business activity
The main business activity of Evolutech Networks is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Evolutech Networks Private Limited, buy the company report.
Financials of Evolutech Networks Private Limited
FY 2022 filings availableEvolutech Networks Private Limited reported revenue of ₹22.3 Lakh (down 48% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 48% fall in the latest year. EBITDA fell 73% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹22.3 Lakh | ||||
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| EBITDA | ₹2.27 Lakh | ||||
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| Net Profit (PAT) | -₹2.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | -9.2% | ||||
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To see the full financial statements and ratios of Evolutech Networks Private Limited, buy the company report.
Board of directors of Evolutech Networks Private Limited
Evolutech Networks has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wahab Nishana Parvin | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Abdulmajeed Sathat Ali | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Evolutech Networks Private Limited is audited by SIVAMANI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVAMANI & CO | FY 2020 | 010746S |
Shareholding
The shareholding of Evolutech Networks Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Evolutech Networks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Evolutech Networks 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 Evolutech Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evolutech Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCE2243C1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evolutech Networks Private Limited, buy the company report.
Recent activity
Evolutech Networks Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Jawahar Ali Udumalpet Shahul Hameed ceased to be Director on 05 Jan 2023.
2 earlier events are in the company report.
Frequently asked questions
Evolutech Networks is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 26 August 2009 (17+ years old) and is registered under CIN U32202TZ2009PTC015438.
Evolutech Networks has 2 current directors:
- Wahab Nishana Parvin - Director
- Abdulmajeed Sathat Ali - Director
The latest financial statements of Evolutech Networks on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 01 August 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Evolutech Networks is 33AACCE2243C1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Evolutech Networks is U32202TZ2009PTC015438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolutech Networks was incorporated on 26 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Coimbatore.
Jawahar Ali Udumalpet Shahul Hameed ceased to be Director on 05 Jan 2023. Rajasekaran Sivakama Sundari ceased to be Director on 05 Mar 2020. Abdulmajeed Sathat Ali ceased to be Additional Director on 13 Sep 2019. Evolutech Networks has 11 board changes on record in total.
Evolutech Networks can be reached through the website evolutechnetworks.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Evolutech Networks is at 72A Hudco Colony Tatabad, Coimbatore, Tamil Nadu, India – 641012.
Evolutech Networks operates in the information technology industry, in the electronic components and equipment manufacturing segment.