Evolvtax Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 10-12-2024
- Paid Up Capital ₹ 0.10 M
as on 10-12-2024
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -13.99%
(FY 2020)
- Profit 190.07%
(FY 2020)
- Ebitda 186.62%
(FY 2020)
- Net Worth 242.75%
(FY 2020)
- Total Assets 94.16%
(FY 2020)
About Evolvtax Services
The Company is engaged in the Business Outsourcing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Avinash Kommireddi and Ravi Maddukuri serve as directors at the Company.
- CIN/LLPIN
U74999TG2018PTC125622
- Company No.
125622
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jul 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Evolvtax Services?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avinash Kommireddi  | Director | 12-Jul-2018 | Current |
| Ravi Maddukuri | Additional Director | 05-Mar-2020 | Current |
Financial Performance of Evolvtax Services.
Evolvtax Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 13.99% decrease. The company also saw a substantial improvement in profitability, with a 190.07% increase in profit. The company's net worth Soared by an impressive increase of 242.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Evolvtax Services?
In 2020, Evolvtax Services had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Razorpe Data Services Private LimitedActive 5 years 2 monthsAvinash Kommireddi and Ravi Maddukuri are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Evolvtax Services?
Unlock and access historical data on people associated with Evolvtax Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Evolvtax Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Evolvtax Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
