Itfarm Systems Private Limited
About Itfarm Systems Private Limited
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Itfarm Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 27 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2018PTC121769.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Kanor Systems Private Limited. It is led by directors Surya Kannusami and Nithya.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 90/342 2nd Floor Vijaya Complex Arcot Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2020, the company reported a revenue of ₹92.54 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹1.94 Lakh (net margin -2.1%) and EBITDA of -₹1.9 Lakh (EBITDA margin -2.1%).
Company details
Contact details
Itfarm Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address90/342 2nd Floor Vijaya Complex Arcot Road Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Itfarm 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
Business activity
The main business activity of Itfarm Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Itfarm Systems Private Limited, buy the company report.
Financials of Itfarm Systems Private Limited
FY 2020 filings availableItfarm Systems Private Limited reported revenue of ₹92.54 Lakh (down 34% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. EBITDA fell 152% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹92.54 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.9 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.94 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
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| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -2.1% | ||
| Net Profit Margin | -2.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Itfarm Systems Private Limited, buy the company report.
Board of directors of Itfarm Systems Private Limited
Itfarm Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surya Kannusami Also directs: Victory Core Mind Technologies Private Limited | Director | 28 Apr 2021 | 5 Years 6 Months | Current |
| Nithya Also directs: Victory Core Mind Technologies Private Limited | Director | 27 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Itfarm Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Born to Code IT Solutions (OPC) Private Limited | ₹92.82 Lakh (FY 2025) | 37.0% | Delhi, India | |||
| Transasia Soft Tech Private Limited | ₹92.79 Lakh (FY 2025) | 193.0% | Chennai, Tamil Nadu, India | |||
| Teamcognito Solutions Private Limited | ₹92.73 Lakh (FY 2024) | 21.0% | Kolkata, West Bengal, India | |||
| Nucleus Software Workshop Private Limited | ₹92.62 Lakh (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Nedge Technologies Private Limited | ₹92.55 Lakh (FY 2024) | -64.0% | Delhi, India | |||
| Itfarm Systems Private Limitedthis company | ₹92.54 Lakh (FY 2020) | -₹1.94 Lakh | -2.1% | -34.0% | Chennai, Tamil Nadu, India | |
| Hannovit Technologies Private Limited | ₹92.47 Lakh (FY 2025) | 10.0% | Faridabad, Haryana, India | |||
| Rev Eye Technologies Private Limited | ₹92.4 Lakh (FY 2020) | -58.0% | Hyderabad, Telangana, India | |||
| Agroha Infotech Private Limited | ₹92.37 Lakh (FY 2024) | 75288.0% | Bhilwara, Rajasthan, India | |||
| Solvanni Technologies India Private Limited | ₹92.29 Lakh (FY 2023) | -42.0% | Coimbatore, Tamil Nadu, India | |||
| Creator Mediaworks Private Limited | ₹92.28 Lakh (FY 2025) | 14.0% | Kaloor, Kerala, India |
To see the full peer comparison of Itfarm Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Itfarm 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 Itfarm Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Itfarm Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Itfarm Systems Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Murgesan Kalaivani ceased to be Director on 28 Apr 2021.
Frequently asked questions
Itfarm Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 27 March 2018 (8+ years old) and is registered under CIN U74999TN2018PTC121769.
Itfarm Systems has 2 current directors:
- Surya Kannusami - Director
- Nithya - Director
The latest financial statements of Itfarm Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Itfarm Systems is U74999TN2018PTC121769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itfarm Systems was incorporated on 27 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Itfarm Systems by revenue are Born to Code IT Solutions (OPC) Private Limited, Transasia Soft Tech Private Limited, Teamcognito Solutions Private Limited, Nucleus Software Workshop Private Limited, Nedge Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Murgesan Kalaivani ceased to be Director on 28 Apr 2021. Surya Kannusami was appointed as Director on 28 Apr 2021. Nithya was appointed as Director on 27 Mar 2018.
The registered office of Itfarm Systems is at 90342 2nd Floor Vijaya Complex Arcot Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
Itfarm Systems operates in the business services industry, in the miscellaneous business activities segment.
Yes. Itfarm Systems was formerly known as Kanor Systems Private Limited.
Itfarm Systems can be reached at its registered office: 90342 2nd Floor Vijaya Complex Arcot Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
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