About Evotar Technologies Private Limited
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Evotar Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2016PTC094440. Its GSTIN is 24AAECE4542N1ZI (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.6 Lakh. It is led by directors including Purvarajsinh Sursinh Jhala and Yash Pravinbhai Bhatt.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 20 Sukrut Industrial Estate Memco Cross Road Naroda Road, Ahmedabad, Gujarat, India – 380025.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.67 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹15.16 Lakh (net margin 0.7%) and EBITDA of ₹58.56 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 27% over five years.
The company is associated with 1 brand: Evotar. As per MCA filings, the company has open charges of ₹4.76 Cr and satisfied charges of ₹1.27 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evotartech.com.
Company details
Contact details
Evotar Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is evotartech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address20 Sukrut Industrial Estate Memco Cross Road Naroda Road, Ahmedabad, Gujarat, India – 380025
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Evotar Technologies 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
Evotar Technologies operates one associated brand: Evotar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar power installations, maintenance, and electrical contracting services. | evotartech.com |
Business activity
The main business activity of Evotar Technologies is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Evotar Technologies Private Limited, buy the company report.
Financials of Evotar Technologies Private Limited
FY 2024 filings availableEvotar Technologies Private Limited reported revenue of ₹20.67 Cr (up 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 65% growth in the latest year. EBITDA rose 14% 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 | ₹58.56 Lakh | ||||
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| Net Profit (PAT) | ₹15.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Evotar Technologies Private Limited, buy the company report.
Board of directors of Evotar Technologies Private Limited
Evotar Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purvarajsinh Sursinh Jhala Also directs: Crop Complex LLP | Director | 21 Nov 2016 | 9 Years 11 Months | Current |
| Yash Pravinbhai Bhatt Also directs: Crop Complex LLP, Nalanda Industries LLP | Director | 21 Nov 2016 | 9 Years 11 Months | Current |
| Praveenkumar Purshottamlal Bhatt | Additional Director | 20 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Evotar Technologies Private Limited is audited by Suresh Bagadiya & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Bagadiya & Co. | FY 2023 | 144351W |
Shareholding
The shareholding of Evotar Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evotar Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2025 | 101119744 | Yes Bank Limited | ₹67.43 Lakh | Open | |
| 02 Dec 2024 | 101027737 | Others | ₹3 Cr | Open | |
| 01 May 2023 | 100711924 | Others | ₹98 Lakh | Open | |
| 25 Nov 2022 | 100668470 | Hdfc Bank Limited | ₹10.1 Lakh | Open | |
| 30 Nov 2019 | 100306124 | Others | ₹1.27 Cr | Satisfied |
To see the full charge records of Evotar Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Evotar Technologies Private Limited has 1 court case on record: 1 filed by Evotar Technologies. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Evotar Technologies 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 Evotar Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evotar Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECE4542N1ZI | Gujarat | Active | 01 Jul 2017 |
| 08AAECE4542N1ZC | Rajasthan | Active | 12 May 2022 |
To see the full GST registrations and return filing status of Evotar Technologies Private Limited, buy the company report.
Recent activity
Evotar Technologies Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Praveenkumar Purshottamlal Bhatt was appointed as Additional Director on 20 Mar 2023.
1 earlier event is in the company report.
Frequently asked questions
Evotar Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 21 November 2016 (10+ years old) and is registered under CIN U31909GJ2016PTC094440.
Evotar Technologies has 3 current directors:
- Purvarajsinh Sursinh Jhala - Director
- Yash Pravinbhai Bhatt - Director
- Praveenkumar Purshottamlal Bhatt - Additional Director
The latest financial statements of Evotar Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Evotar Technologies is 24AAECE4542N1ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAECE4542N1ZC (Rajasthan).
The CIN (Corporate Identification Number) of Evotar Technologies is U31909GJ2016PTC094440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evotar Technologies has 1 court case on record: 1 filed by the company.
Evotar Technologies was incorporated on 21 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Praveenkumar Purshottamlal Bhatt was appointed as Additional Director on 20 Mar 2023. Purvarajsinh Sursinh Jhala was appointed as Director on 21 Nov 2016. Yash Pravinbhai Bhatt was appointed as Director on 21 Nov 2016.
Evotar Technologies can be reached through the website evotartech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Evotar Technologies is at 20 Sukrut Industrial Estate Memco Cross Road Naroda Road, Ahmedabad, Gujarat, India – 380025.