- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-24-0001499

About Evolution Industrial Training Limited
Data last updated:
Evolution Industrial Training Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 02 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29253TN2011PLC124952. Its GSTIN is 33AACCI5975P1ZY (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as I.A. Access Systems Limited and I.A. Access Systems Private Limited. It is led by directors including Sarada Devi Modi and Jenny Modi.
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. 62/2B New No. 99 Old No. 144 Padur Village Poonamalle Taluk Thiruvallur District, Chennai, Tamil Nadu, India – 602105.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.09 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹12,199 (net margin 0.3%) and EBITDA of ₹1.64 Lakh (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 52% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mtandt. Court records list 1 case involving the company, including 1 filed against it.
Evolution Industrial Training Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0001499). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ceslindia.com.
Company details
Name history
Evolution Industrial Training has undergone 4 name changes throughout its history. The current legal name is Evolution Industrial Training Limited.
| Company Name | Status |
|---|---|
| Evolution Industrial Training Limited | Current |
| I.A. Access Systems Limited | Previous |
| I.A. Access Systems Private Limited | Previous |
| Capital Equipment Services P Limited | Previous |
CIN history
Evolution Industrial Training has one previous CIN (Corporate Identification Number): U29253DL2011PLC218391. The current CIN is U29253TN2011PLC124952, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253TN2011PLC124952 | Current |
| U29253DL2011PLC218391 | Previous |
Recognitions & Rankings of Evolution Industrial Training
Contact details
Evolution Industrial Training Limited's registered office is in Chennai, Tamil Nadu. Its website is ceslindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 62/2B New No. 99 Old No. 144 Padur Village Poonamalle Taluk Thiruvallur District, Chennai, Tamil Nadu, India – 602105
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Evolution Industrial Training 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
Evolution Industrial Training operates one associated brand: Mtandt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aerial Work Platforms & Equipment Rentals | Buy or Rent | mtandt.com |
Business activity
The main business activity of Evolution Industrial Training is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Evolution Industrial Training Limited, buy the company report.
Financials of Evolution Industrial Training Limited
FY 2025 filings availableEvolution Industrial Training Limited reported revenue of ₹44.09 Lakh (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 28% fall in the latest year. EBITDA rose 102% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.64 Lakh | ||||
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| Net Profit (PAT) | ₹12,199 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Evolution Industrial Training Limited, buy the company report.
Board of directors of Evolution Industrial Training Limited
Evolution Industrial Training has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarada Devi Modi Also directs: Equipr Technologies Limited | Director | 31 Mar 2016 | 10 Years 6 Months | Current |
| Jenny Modi Also directs: Equipr Technologies Limited, Sarada Management Services LLP, Nivritti Ast LLP and 5 more | Director | 31 Mar 2016 | 10 Years 6 Months | Current |
| Simran Modi | Director | 31 Mar 2016 | 10 Years 6 Months | Current |
Auditor
Evolution Industrial Training Limited is audited by KHEMKA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHEMKA & CO | FY 2021 | 010610S |
Shareholding
The shareholding of Evolution Industrial Training Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evolution Industrial Training Limited, buy the company report.
Legal cases
Evolution Industrial Training Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by International Powered Access | Disposed |
To see the full case history of Evolution Industrial Training Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evolution Industrial Training Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evolution Industrial Training Limited has a workforce of 5 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
GST
Evolution Industrial Training has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCI5975P1ZY | Tamil Nadu | Active | 01 Jul 2017 |
| 07AACCI5975P1ZT | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evolution Industrial Training Limited, buy the company report.
Recent activity
Evolution Industrial Training Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Gopal Modi ceased to be Additional Director on 31 Mar 2016.
Frequently asked questions
Evolution Industrial Training is an active public limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 02 May 2011 (15+ years old) and is registered under CIN U29253TN2011PLC124952.
Evolution Industrial Training has 3 current directors:
- Sarada Devi Modi - Director
- Jenny Modi - Director
- Simran Modi - Director
The latest financial statements of Evolution Industrial Training 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 2015 are in the company report.
The GSTIN of Evolution Industrial Training is 33AACCI5975P1ZY, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AACCI5975P1ZT (Delhi).
The CIN (Corporate Identification Number) of Evolution Industrial Training is U29253TN2011PLC124952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolution Industrial Training has 1 court case on record: 1 filed against it.
Evolution Industrial Training was incorporated on 02 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Gopal Modi ceased to be Additional Director on 31 Mar 2016. Jenny Modi was appointed as Director on 31 Mar 2016. Mukesh Modi ceased to be Director on 31 Mar 2016. Evolution Industrial Training has 7 board changes on record in total.
Yes, Evolution Industrial Training is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-24-0001499).
Evolution Industrial Training can be reached through the website ceslindia.com. Its registered office is in Chennai, Tamil Nadu, India.