About Icore Software Systems Private Limited
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Icore Software Systems Private Limited is a private limited company based in Chengalpattu, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC101328. Its GSTIN is 33AADCI8708D1ZT (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Josephraj Anilkumar Saghayaraj and Muthan Gowrisankar.
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 Chengalpattu, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.07 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹31.54 Lakh (net margin 29.4%) and EBITDA of ₹33.84 Lakh (EBITDA margin 31.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 29% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iCore Software Systems.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icoresoftwaresystems.com.
Company details
Contact details
Icore Software Systems Private Limited's registered office is in Chengalpattu, Tamil Nadu. Its website is icoresoftwaresystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSspdl 5th Floor Gamma Block, Alpha City Navallur Omr Chennai, Chengalpattu, Tamil Nadu, India – 600130
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Icore Software Systems 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
Icore Software Systems operates one associated brand: iCore Software Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web and mobile app development with UI/UX design services. | icoresoftwaresystems.com |
Business activity
The main business activity of Icore Software Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Icore Software Systems Private Limited, buy the company report.
Financials of Icore Software Systems Private Limited
FY 2024 filings availableIcore Software Systems Private Limited reported revenue of ₹1.07 Cr (up 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 46% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹33.84 Lakh | ||||
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| Net Profit (PAT) | ₹31.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 31.5% | ||||
| Net Profit Margin | 29.4% | ||||
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To see the full financial statements and ratios of Icore Software Systems Private Limited, buy the company report.
Board of directors of Icore Software Systems Private Limited
Icore Software Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Josephraj Anilkumar Saghayaraj | Director | 09 Jul 2015 | 11 Years 4 Months | Current |
| Muthan Gowrisankar | Director | 09 Jul 2015 | 11 Years 4 Months | Current |
Peer comparison
Icore Software Systems Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Proviatek Informatics Private Limited | ₹1.07 Cr (FY 2025) | -10.0% | West Bengal, India | |||
| Optimal Robotics Private Limited | ₹1.07 Cr (FY 2025) | -16.0% | Lucknow, Uttar Pradesh, India | |||
| Icore Software Systems Private Limitedthis company | ₹1.07 Cr (FY 2024) | ₹31.54 Lakh | 29.4% | 46.0% | 6 | Chengalpattu, Tamil Nadu, India |
| Renaissance Softech Private Limited | ₹1.07 Cr (FY 2019) | -73.0% | Mumbai, Maharashtra, India | |||
| Vdai Biosec Private Limited | ₹1.07 Cr (FY 2025) | 0.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Icore Software Systems Private Limited, buy the company report.
Auditor
Icore Software Systems Private Limited is audited by Senthil & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Senthil & Associates | FY 2023 | 013655S |
Shareholding
The shareholding of Icore Software Systems 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Icore Software Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Icore Software Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Icore Software Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Icore Software Systems Private Limited has a workforce of 6 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Icore Software Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCI8708D1ZT | Tamil Nadu | Active | 14 Sep 2017 |
| 33AADCI8708D1C4 | Tamil Nadu | Active | 01 Dec 2020 |
To see the full GST registrations and return filing status of Icore Software Systems Private Limited, buy the company report.
Recent activity
Icore Software Systems Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Josephraj Anilkumar Saghayaraj was appointed as Director on 09 Jul 2015.
Frequently asked questions
Icore Software Systems is an active private limited company based in Chengalpattu, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 July 2015 (11+ years old) and is registered under CIN U72900TN2015PTC101328.
Icore Software Systems has 2 current directors:
- Josephraj Anilkumar Saghayaraj - Director
- Muthan Gowrisankar - Director
The latest financial statements of Icore Software Systems 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 2016 are in the company report.
The GSTIN of Icore Software Systems is 33AADCI8708D1ZT, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AADCI8708D1C4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Icore Software Systems is U72900TN2015PTC101328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icore Software Systems was incorporated on 09 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Icore Software Systems by revenue are Proviatek Informatics Private Limited, Optimal Robotics Private Limited, Renaissance Softech Private Limited, Vdai Biosec Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Josephraj Anilkumar Saghayaraj was appointed as Director on 09 Jul 2015. Muthan Gowrisankar was appointed as Director on 09 Jul 2015.
Icore Software Systems can be reached through the website icoresoftwaresystems.com. Its registered office is in Chengalpattu, Tamil Nadu, India.
The registered office of Icore Software Systems is at Sspdl 5th Floor Gamma Block, Alpha City Navallur Omr Chennai, Chengalpattu, Tamil Nadu, India – 600130.
Icore Software Systems operates in the information technology industry, in the application development and software solutions segment.
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