MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-02-0165861
Swaas Systems Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26.53 Cr
▲ 10% YoY
Net profit · FY 2025
₹2.84 Cr
Net margin 10.7%
EBITDA · FY 2025
₹3.13 Cr
EBITDA margin 11.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹15.48 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
118
Provident fund records
Directors on board
8
As per MCA filings
About Swaas Systems Private Limited
Data last updated:
Swaas Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2008PTC067415. Its GSTIN is 33AALCS9758F1ZV (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.48 Lakh. It is led by directors including Ramnad Krishnan Ramanathan and Madras Krishnan Vaidyanathan.
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 Indiqube Excellence B16 & B17 3rd Floor Thiru – VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.53 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Cr (net margin 10.7%) and EBITDA of ₹3.13 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 26% over five years.
The company has about 118 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Kangle and Swaas. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.3 Lakh; the latest was in August 2021. Its 9 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 4 larger and 5 smaller; the largest is C & M Digitals Private Limited with revenue of ₹26.57 Cr.
Swaas Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0165861). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swaas.net.
Company details
CIN U72200TN2008PTC067415
Registration Number 067415
Incorporation Date 21 April 2008
ROC Chennai
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 MSME
Udyam Registration UDYAM-TN-02-0165861
Key People
Ramnad Krishnan Ramanathan Director Madras Krishnan Vaidyanathan Director Vangal Ramachandran Vijayaprasad Director Recognitions & Rankings of Swaas Systems
Contact details
Swaas Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is swaas.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Excellence B16 & B17 3rd Floor Thiru – VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Swaas Systems Private Limited, buy the company report.
Comprehensive company report
Swaas Systems 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
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Brands
Swaas Systems operates two associated brands: Kangle and Swaas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Outsourced product development and DevOps services are offered offshore. | swaasitsolutions.com | |
| Learning experience platform for digital content management and operational automation. | kangle.me |
Business activity
The main business activity of Swaas Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Swaas Systems Private Limited, buy the company report.
Financials of Swaas Systems Private Limited
FY 2025 filings availableSwaas Systems Private Limited reported revenue of ₹26.53 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹26.53 Cr ▲ 10%
Net profit · FY 2025
₹2.84 Cr margin 10.7%
EBITDA · FY 2025
₹3.13 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 16%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 1%
5 years · compounded
▲ 54%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 10% growth in the latest year. EBITDA fell 18% 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 | ₹3.13 Cr | ||||
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| Net Profit (PAT) | ₹2.84 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Swaas Systems Private Limited, buy the company report.
Board of directors of Swaas Systems Private Limited
Swaas Systems has 8 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramnad Krishnan Ramanathan Also directs: Fulcrum Venture India LLP, Sas Hotels & Enterprises Limited, Sas Estates Limited and 1 more | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
| Madras Krishnan Vaidyanathan | Director | 09 Mar 2017 | 9 Years 7 Months | Current |
| Vangal Ramachandran Vijayaprasad | Director | 12 Apr 2013 | 13 Years 6 Months | Current |
| Magesh Ragaavan Also directs: Shield Health Care Private Limited | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
| Sundararaman Anand | Director | 11 Jul 2014 | 12 Years 3 Months | Current |
| Anand Venkatraman Natraj | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Swaas Systems Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| C & M Digitals Private Limited | ₹26.57 Cr (FY 2024) | 21.0% | Chennai, Tamil Nadu, India | |||
| Silvermine Software India Private Limited | ₹26.56 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| Shivas Hair Designers Private Limited | ₹26.54 Cr (FY 2024) | 2.0% | Mumbai, Maharashtra, India | |||
| Power Tech (Mech) Private Limited | ₹26.54 Cr (FY 2025) | 90.0% | Jamnagar, Gujarat, India | |||
| Swaas Systems Private Limitedthis company | ₹26.53 Cr (FY 2025) | ₹2.84 Cr | 10.7% | 10.0% | 118 | Chennai, Tamil Nadu, India |
| Falcon Technoprojects India Limited | ₹26.5 Cr (FY 2025) | 131.0% | Mumbai, Maharashtra, India | |||
| Digimedia Solutions Private Limited | ₹26.43 Cr (FY 2025) | -73.0% | Pune, Maharashtra, India | |||
| 4D Global Medical Billing Services Private Limited | ₹26.42 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Benori KPO Private Limited | ₹26.42 Cr (FY 2025) | 25.0% | Gurgaon, Haryana, India | |||
| Ornate Technoservices Private Limited | ₹26.42 Cr (FY 2025) | 119.0% | Delhi, India |
To see the full peer comparison of Swaas Systems Private Limited, buy the company report.
Auditor
Swaas Systems Private Limited is audited by NRG Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NRG Associates | FY 2022 | 007973S |
Shareholding
The shareholding of Swaas 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swaas Systems Private Limited, buy the company report.
Deals & funding
Swaas Systems Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.3 Lakh; the latest was in August 2021.
Total deals
9
Secondary share transfers
7
Funding rounds
2
Disclosed funding
₹9.3 Lakh
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Fulcrum Private Equity, an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Fulcrum Private Equity, an individual Seller: K.J. Investments Private Limited. , 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Fulcrum Private Equity Seller: 2 individuals |
| Jul 2015 | Funding round | ₹30,000 | Investors: an individual |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: K.J. Investments Private Limited. , Fulcrum Private Equity, 2 individuals Seller: an individual |
To see the full deal history of Swaas Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Swaas 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 Swaas Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swaas Systems Private Limited has a workforce of 118 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
118
Active EPFO establishments
1
Employee growth
6.31%
GST
Swaas Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCS9758F1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swaas Systems Private Limited, buy the company report.
Recent activity
Swaas Systems Private Limited has 18 board changes on record since 2008: 8 appointments and 10 cessations. The latest: Ramani Priyanka ceased to be Director on 01 Jun 2018.
AGM
Swaas Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swaas Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Ramani Priyanka ceased to be Director.
Appointed
Madras Krishnan Vaidyanathan was appointed as Director.
Ceased
Venkatesan Chandramouli ceased to be Director.
Ceased
Jayaraman Skrishnan ceased to be Additional Director.
Ceased
Krishna Krishnan Ramanathan ceased to be Additional Director.
Ceased
Ramani Kuppuswamy Ganesh ceased to be Additional Director.
Appointed
Krishna Krishnan Ramanathan was appointed as Director.
Appointed
Ramani Kuppuswamy Ganesh was appointed as Director.
Ceased
Sundararaman Anand ceased to be Additional Director.
Appointed
Sundararaman Anand was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Swaas Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 April 2008 (18+ years old) and is registered under CIN U72200TN2008PTC067415.
Swaas Systems has 8 current directors:
- Ramnad Krishnan Ramanathan - Director
- Madras Krishnan Vaidyanathan - Director
- Vangal Ramachandran Vijayaprasad - Director
- Magesh Ragaavan - Director
- Sundararaman Anand - Director
- Anand Venkatraman Natraj - Director
- Ramani Kuppuswamy Ganesh - Director
- Krishna Krishnan Ramanathan - Director
The latest financial statements of Swaas Systems 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 Swaas Systems is 33AALCS9758F1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Swaas Systems is U72200TN2008PTC067415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swaas Systems was incorporated on 21 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Swaas Systems has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.3 Lakh; the latest was in August 2021.
The peers of Swaas Systems by revenue are C & M Digitals Private Limited, Silvermine Software India Private Limited, Shivas Hair Designers Private Limited, Power Tech (Mech) Private Limited, Falcon Technoprojects India Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Ramani Priyanka ceased to be Director on 01 Jun 2018. Madras Krishnan Vaidyanathan was appointed as Director on 09 Mar 2017. Venkatesan Chandramouli ceased to be Director on 31 Jan 2016. Swaas Systems has 18 board changes on record in total.
Yes, Swaas Systems is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0165861).
Swaas Systems can be reached through the website swaas.net. Its registered office is in Chennai, Tamil Nadu, India.