About Evolutyz IT Services Private Limited
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Evolutyz IT Services Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2014PTC092234. Its GSTIN is 37AADCE5953A1ZU (Andhra Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13 Lakh. It is led by directors Ramakrishna Rao Arasada (Managing Director) and Venkata Anuradha Maddi.
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 Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.43 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.06 Cr (net margin 10.7%) and EBITDA of ₹8.3 Cr (EBITDA margin 17.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 37% over five years.
The company has about 191 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evolutyz.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressVuda Building Complex Second Floor Sf – 2 Apeita Opp.Old Eenadu Office Seet, Hammadhara, Visakhapatnam, Andhra Pradesh, India – 530013
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Evolutyz IT Services Private Limited
The main business activity of Evolutyz IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related 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 Evolutyz IT Services Private Limited FY 2025 filings available
Evolutyz IT Services Private Limited reported revenue of ₹47.43 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Evolutyz IT Services Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 6% 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 Evolutyz IT Services Private Limited
| Metrics | FY 2024-25 | 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 | ₹8.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.06 Cr | •••• | •••• | •••• | •••• |
| 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 Evolutyz IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.7% | •••• | •••• | •••• | •••• |
| 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 Evolutyz IT Services 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.
Board of Directors of Evolutyz IT Services Private Limited
Evolutyz IT Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishna Rao Arasada | Managing Director | 07 Sep 2015 | 11 Years 1 Months | Current |
| Venkata Anuradha Maddi | Director | 08 Jan 2014 | 12 Years 9 Months | Current |
Peer Comparison of Evolutyz IT Services Private Limited
Evolutyz IT Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Citrus Informatics (India) Private Limited | ₹47.55 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ernakulam, Kerala, India |
| Nextuple India Private Limited | ₹47.55 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Bangalore, Karnataka, India |
| Brane Enterprises Private Limited | ₹47.5 Cr (FY 2023) | •••• | •••• | 495.0% | •••• | Hyderabad, Telangana, India |
| Agility E Services Private Limited | ₹47.44 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Evolutyz IT Services Private Limited this company | ₹47.43 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Encore I.T. Services Solutions Private Limited | ₹47.38 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Chennai, Tamil Nadu, India |
| Vidaxl Services Private Limited | ₹47.3 Cr (FY 2025) | •••• | •••• | 274.0% | •••• | Hyderabad, Telangana, India |
| Amtex Digital Corporation Private Limited | ₹47.29 Cr (FY 2022) | •••• | •••• | 41.0% | •••• | Chennai, Tamil Nadu, India |
| Winfo Solutions Private Limited | ₹47.16 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Hyderabad, Telangana, India |
| Fime India Private Limited | ₹47.12 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bengaluru, Karnataka, India |
| G2.Com India Private Limited | ₹47.1 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Evolutyz IT Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Evolutyz IT Services Private Limited
Evolutyz IT Services Private Limited is audited by MURTHY & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MURTHY & ASSOCIATES | 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.
Ownership and Shareholding of Evolutyz IT Services 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 Evolutyz IT Services Private Limited
Evolutyz IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Evolutyz IT Services Private Limited
Evolutyz IT Services Private Limited has a workforce of 191 employees as of Sep 25, 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.
Recent Activity on Evolutyz IT Services Private Limited
Evolutyz IT Services Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Arasada Kanyakumari ceased to be Director on 23 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Evolutyz IT Services 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 Evolutyz IT Services 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 Evolutyz IT Services 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 Evolutyz IT Services Private Limited
Evolutyz IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCE5953A1ZU | Andhra Pradesh | Active | 27 Oct 2017 |
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 Evolutyz IT Services 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 Evolutyz IT Services Private Limited
Evolutyz IT Services is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 January 2014 (12+ years old) and is registered under CIN U72200AP2014PTC092234.
Evolutyz IT Services reported revenue of ₹47.43 Cr for FY 2025 (down 1% YoY).
Evolutyz IT Services has 2 current directors:
- Ramakrishna Rao Arasada - Managing Director
- Venkata Anuradha Maddi - Director
Evolutyz IT Services reported a net profit of ₹5.06 Cr (net margin 10.7%) and EBITDA of ₹8.3 Cr (EBITDA margin 17.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Evolutyz IT Services is 12% over three years and 37% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Evolutyz IT Services is 37AADCE5953A1ZU, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Evolutyz IT Services is U72200AP2014PTC092234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolutyz IT Services was incorporated on 08 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Evolutyz IT Services by revenue are Citrus Informatics (India) Private Limited, Nextuple India Private Limited, Brane Enterprises Private Limited, Agility E Services Private Limited, Encore I.T. Services Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Arasada Kanyakumari ceased to be Director on 23 May 2016. Naga Sakuntala Silpa Yerra ceased to be Director on 08 Dec 2015. Ramakrishna Rao Arasada was appointed as Managing Director on 07 Sep 2015. Evolutyz IT Services has 6 board changes on record in total.
Evolutyz IT Services can be reached through the website evolutyz.in. Its registered office is in Visakhapatnam, Andhra Pradesh, India.