MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0013431
Evolve Brands Private Limited - business services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹42.17 Cr
▲ 19% YoY
Net profit · FY 2025
₹96.84 Lakh
Net margin 2.3%
EBITDA · FY 2025
₹2.35 Cr
EBITDA margin 5.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.3 Lakh
Issued & subscribed
Open charges
₹9.3 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
216
Provident fund records
About Evolve Brands Private Limited
Data last updated:
Evolve Brands Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the customer loyalty and engagement solutions segment of the business services sector. It was incorporated on 06 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2003PTC122967. Its GSTIN is 07AABCE2416J1ZW (Delhi). The company holds 36 GST registrations, of which 33 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.3 Lakh. It is led by directors including Kiron Singh Jyot and Harish Motwani.
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 186 Munirka Vihar, New Delhi, Delhi, India – 110067.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.17 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹96.84 Lakh (net margin 2.3%) and EBITDA of ₹2.35 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
The company has about 216 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Evolve Brands. As per MCA filings, the company has open charges of ₹9.3 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it.
Evolve Brands Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0013431). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evolvebrands.com.
Company details
CIN U74999DL2003PTC122967
Registration Number 122967
Incorporation Date 06 November 2003
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0013431
Recognitions & Rankings of Evolve Brands
Contact details
Evolve Brands Private Limited's registered office is in New Delhi, Delhi. Its website is evolvebrands.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address186 Munirka Vihar, New Delhi, Delhi, India – 110067
- IndustryBusiness Services, Customer Loyalty & Engagement Solutions
To see the full contact details of Evolve Brands Private Limited, buy the company report.
Comprehensive company report
Evolve Brands Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Evolve Brands operates one associated brand: Evolve Brands. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides loyalty management, CRM, and tech solutions for brand retention. | evolvebrands.com |
Business activity
The main business activity of Evolve Brands is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Evolve Brands Private Limited, buy the company report.
Financials of Evolve Brands Private Limited
FY 2025 filings availableEvolve Brands Private Limited reported revenue of ₹42.17 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹42.17 Cr ▲ 19%
Net profit · FY 2025
₹96.84 Lakh margin 2.3%
EBITDA · FY 2025
₹2.35 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 15%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 19%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 19% growth in the latest year. EBITDA fell 10% 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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| Total Expenses | |||||
| EBITDA | ₹2.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96.84 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.6% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Evolve Brands Private Limited, buy the company report.
Board of directors of Evolve Brands Private Limited
Evolve Brands has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiron Singh Jyot | Director | 30 Jan 2007 | 19 Years 8 Months | Current |
| Harish Motwani | Director | 30 Jan 2007 | 19 Years 8 Months | Current |
| Vijay Kadan Singh Also directs: Krishana Land & Developers LLP, Shiv-Darshan Agro Private Limited | Additional Director | 10 Aug 2026 | 0 Years 2 Months | Current |
| Naveen Kumar Also directs: Shiv-Darshan Agro Private Limited | Director | 28 Sep 2023 | 3 Years 0 Months | Current |
| Anita Singh Also directs: Beyond Stay Private Limited, Mahua Resorts Private Limited | Director | 09 Nov 2003 | 22 Years 11 Months | Current |
Peer comparison
Evolve Brands Private Limited is compared with the 3 companies closest to it by revenue in the Business Services industry (Customer Loyalty Solutions), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aspire Lifestyles India Private Limited | ₹45.73 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Evolve Brands Private Limitedthis company | ₹42.17 Cr (FY 2025) | ₹96.84 Lakh | 2.3% | 19.0% | 216 | New Delhi, Delhi, India |
| Netcarrots Com Private Limited | ₹35.52 Cr (FY 2025) | 12.0% | Delhi, India | |||
| Elevatoz Loyalty Private Limited | ₹29.21 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Evolve Brands Private Limited, buy the company report.
Auditor
Evolve Brands Private Limited is audited by M V J & COMPANY for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V J & COMPANY | FY 2024 | 026660N |
Shareholding
The shareholding of Evolve Brands Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evolve Brands Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2026 | 101345503 | Axis Bank Limited | ₹35 Lakh | Open | |
| 29 Aug 2025 | 101159263 | Hdfc Bank Limited | ₹11.27 Lakh | Open | |
| 25 Jun 2025 | 101138003 | Hdfc Bank Limited | ₹30.17 Lakh | Open | |
| 25 Apr 2025 | 101111250 | Hdfc Bank Limited | ₹24.14 Lakh | Open | |
| 31 Oct 2022 | 100678248 | Hdfc Bank Limited | ₹35 Lakh | Open |
To see the full charge records of Evolve Brands Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Evolve Brands Private Limited has 9 court cases on record: 6 filed by Evolve Brands, 3 filed against it. All cases are disposed.
Total cases
9
Filed by the company
6
Filed against the company
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dhar, Madhya Pradesh | Court case (RCS B) | Filed by the company against Messrs Shakti Pumps (India) Limited , | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Principal Commissioner of Income Tax, Delhi-1 & Anr. | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against an individual | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Evolve Brands Private 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 Evolve Brands Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evolve Brands Private Limited has a workforce of 216 employees on its EPFO records as of Dec 04, 2024, across 1 active EPFO establishment.
Employee count
216
Active EPFO establishments
1
Employee growth
-9.24%
GST
Evolve Brands has 36 GST registrations: 33 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
36
Active
33
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCE2416J1ZW | Delhi | Active | 01 Jul 2017 |
| 07AABCE2416J1C7 | Delhi | Active | 22 Nov 2018 |
| 06AABCE2416J1ZY | Haryana | Active | 01 Jul 2017 |
| 06AABCE2416J1C9 | Haryana | Active | 13 Nov 2018 |
To see the full GST registrations and return filing status of Evolve Brands Private Limited, buy the company report.
Recent activity
Evolve Brands Private Limited has 6 board changes on record since 2003: 5 appointments and 1 cessation. The latest: Vijay Kadan Singh was appointed as Additional Director on 10 Aug 2026.
Appointed
Vijay Kadan Singh was appointed as Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 101345503 was registered on 20 May 2026.
AGM
Evolve Brands Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.27 Lakh with Charge ID 101159263 was registered on 29 Aug 2025.
Ceased
Rajkamal Singh Ramgopal ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.17 Lakh with Charge ID 101138003 was registered on 25 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.14 Lakh with Charge ID 101111250 was registered on 25 Apr 2025.
Filing
Evolve Brands Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Appointed
Naveen Kumar was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 100678248 was registered on 31 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.09 Lakh with Charge ID 100537117 was registered on 24 Dec 2021.
Charges
A charge with Canara Bank amounted to Rs. 28.00 Lakh with Charge ID 100498679 was registered on 09 Sep 2021.
7 earlier events are in the company report.
News
Frequently asked questions
Evolve Brands is an active private limited company based in New Delhi, Delhi, India. The company works in customer loyalty and engagement solutions, within the business services industry. It was incorporated on 06 November 2003 (23+ years old) and is registered under CIN U74999DL2003PTC122967.
Evolve Brands has 5 current directors:
- Kiron Singh Jyot - Director
- Harish Motwani - Director
- Vijay Kadan Singh - Additional Director
- Naveen Kumar - Director
- Anita Singh - Director
The latest financial statements of Evolve Brands 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 Evolve Brands is 07AABCE2416J1ZW, registered in Delhi. The company has 36 GST registrations in all, of which 33 are active and 3 are cancelled or inactive. Other active GSTINs include 07AABCE2416J1C7 (Delhi), 06AABCE2416J1ZY (Haryana), 06AABCE2416J1C9 (Haryana).
The CIN (Corporate Identification Number) of Evolve Brands is U74999DL2003PTC122967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolve Brands has 9 court cases on record: 6 filed by the company and 3 filed against it. Most are in the district courts.
Evolve Brands was incorporated on 06 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Evolve Brands by revenue are Aspire Lifestyles India Private Limited, Netcarrots Com Private Limited, Elevatoz Loyalty Private Limited, all in the Business Services industry (Customer Loyalty Solutions), with the same principal business activity (other support services to organizations).
Vijay Kadan Singh was appointed as Additional Director on 10 Aug 2026. Rajkamal Singh Ramgopal ceased to be Director on 15 Aug 2025. Naveen Kumar was appointed as Director on 28 Sep 2023. Evolve Brands has 6 board changes on record in total.
Yes, Evolve Brands is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0013431).
Evolve Brands can be reached through the website evolvebrands.com. Its registered office is in New Delhi, Delhi, India.