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Swin Technologies Private Limited - information technology in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹33.88 Cr
▲ 70% YoY
Net profit · FY 2024
₹1.31 Cr
Net margin 3.9%
EBITDA · FY 2024
₹2.09 Cr
EBITDA margin 6.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Swin Technologies Private Limited
Data last updated:
Swin Technologies Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Swin Technologies Ab and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2016PTC028301. Its GSTIN is 33AAYCS1110L1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Palanisamy Parisutham and Parisutham Keerthi Abirami.
Its last annual general meeting (AGM) was held on 10 April 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Coimbatore, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.88 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 3.9%) and EBITDA of ₹2.09 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years and 109% over five years.
The company is associated with 1 brand: TrusTrace.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trustrace.com.
Company details
CIN U74999TZ2016PTC028301
Registration Number 028301
Incorporation Date 26 December 2016
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 April 2025
Date of Balance Sheet 31 December 2024
Parent Company Swin Technologies Ab
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Swin Technologies
Contact details
Swin Technologies Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is trustrace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2/310A Teachers Colony, Chinniyampalayam, Coimbatore, Tamil Nadu, India – 641062
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Swin Technologies Private Limited, buy the company report.
Comprehensive company report
Swin Technologies 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
Swin Technologies operates one associated brand: TrusTrace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blockchain-based traceability and sustainability solutions for the fashion industry | trustrace.com |
Financials of Swin Technologies Private Limited
FY 2024 filings availableSwin Technologies Private Limited reported revenue of ₹33.88 Cr (up 70% YoY) for FY 2024.
Revenue · FY 2024
₹33.88 Cr ▲ 70%
Net profit · FY 2024
₹1.31 Cr margin 3.9%
EBITDA · FY 2024
₹2.09 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 100%
5 years · compounded
▲ 109%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 59%
5 years · compounded
▲ 136%
Revenue has grown at a compounded annual rate (CAGR) of 109% over five years, including 70% growth in the latest year. EBITDA rose 2% 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 | ₹2.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.31 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Swin Technologies Private Limited, buy the company report.
Board of directors of Swin Technologies Private Limited
Swin Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Parisutham | Director | 26 Dec 2016 | 9 Years 10 Months | Current |
| Parisutham Keerthi Abirami | Director | 26 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Swin Technologies Private Limited is audited by Akash & Kishor Chartered Accountants for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Akash & Kishor Chartered Accountants | FY 2022 | 016333S |
Shareholding
The shareholding of Swin 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swin Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swin Technologies 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
Swin Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Armstrong International Consultants | |||
| Guru and Jana | |||
| Akash & Kishor Chartered Accountants |
To see the full MSME payment records of Swin Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Swin Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAYCS1110L1Z7 | Tamil Nadu | Active | 17 Feb 2018 |
To see the full GST registrations and return filing status of Swin Technologies Private Limited, buy the company report.
Recent activity
Swin Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Palanisamy Parisutham was appointed as Director on 26 Dec 2016.
AGM
Swin Technologies Private Limited last Annual general meeting of members was held on 10 Apr 2025 as per latest MCA records.
Filing
Swin Technologies Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Coimbatore.
Appointed
Palanisamy Parisutham was appointed as Director.
Appointed
Parisutham Keerthi Abirami was appointed as Director.
Incorporation
26 Dec 2016
Swin Technologies Private Limited was registered on 26 Dec 2016 with Roc Coimbatore & aged 9 years 10 months as per MCA records.
News
Frequently asked questions
Swin Technologies is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 December 2016 (10+ years old) and is registered under CIN U74999TZ2016PTC028301.
Swin Technologies has 2 current directors:
- Palanisamy Parisutham - Director
- Parisutham Keerthi Abirami - Director
The latest financial statements of Swin Technologies on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 10 April 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Swin Technologies is 33AAYCS1110L1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Swin Technologies is U74999TZ2016PTC028301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swin Technologies was incorporated on 26 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
Palanisamy Parisutham was appointed as Director on 26 Dec 2016. Parisutham Keerthi Abirami was appointed as Director on 26 Dec 2016.
Yes, Swin Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Swin Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 13 Nov 2022.
Swin Technologies can be reached through the website trustrace.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Swin Technologies is at 2310A Teachers Colony, Chinniyampalayam, Coimbatore, Tamil Nadu, India – 641062.
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