Sysway Software Solutions Private Limited
About Sysway Software Solutions Private Limited
Data last updated:
Sysway Software Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the corporate training and development segment of the education sector. It was incorporated on 16 April 2007.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2007PTC063118.
The company had an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.1 Lakh. It was led by directors including Shunmuganainar Sivaraman and Shunmuganainar Sornarajan.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 46A Second Floor Appar Street Thiruvaleeswarar Nagar Thirumangalam, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.3 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹13,768 (net margin -2.6%) and EBITDA of -₹6,341 (EBITDA margin -1.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
Company details
Contact details
Sysway Software Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address46A Second Floor Appar Street Thiruvaleeswarar Nagar Thirumangalam, Chennai, Tamil Nadu, India – 600040
- IndustryEducation, Corporate Training & Development
To see the full contact details of Sysway Software Solutions 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
Financials of Sysway Software Solutions Private Limited
FY 2017 filings availableSysway Software Solutions Private Limited reported revenue of ₹5.3 Lakh (up 45% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 45% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA fell 53% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹5.3 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹6,341 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13,768 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.2% | ||
| Net Profit Margin | -2.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Sysway Software Solutions Private Limited, buy the company report.
Board of directors of Sysway Software Solutions Private Limited
Sysway Software Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shunmuganainar Sivaraman | Director | 16 Apr 2007 | 19 Years 6 Months | As last reported |
| Shunmuganainar Sornarajan | Director | 16 Apr 2007 | 19 Years 6 Months | As last reported |
| Mookandi Palanikumar | Director | 16 Apr 2007 | 19 Years 6 Months | As last reported |
Peer comparison
Sysway Software Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eduork Private Limited | ₹5.34 Lakh (FY 2025) | 22.0% | Noida, Uttar Pradesh, India | |||
| Sysway Software Solutions Private Limitedthis company | ₹5.3 Lakh (FY 2017) | -₹13,768 | -2.6% | 45.0% | Chennai, Tamil Nadu, India | |
| I2global Eduserve Private Limited | ₹5.28 Lakh (FY 2024) | -32.0% | Chennai, Tamil Nadu, India | |||
| Apprentice Training Private Limited | ₹5.27 Lakh (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of Sysway Software Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Sysway Software Solutions Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sysway Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sysway Software Solutions 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 Sysway Software Solutions 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 Sysway Software Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sysway Software Solutions Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Mookandi Palanikumar was appointed as Director on 16 Apr 2007.
Frequently asked questions
Sysway Software Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sysway Software Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in corporate training and development, within the education industry. It was incorporated on 16 April 2007 and is registered under CIN U72900TN2007PTC063118. The company has been struck off by the Registrar of Companies and is no longer operational.
Sysway Software Solutions had 3 directors:
- Shunmuganainar Sivaraman - Director
- Shunmuganainar Sornarajan - Director
- Mookandi Palanikumar - Director
The CIN (Corporate Identification Number) of Sysway Software Solutions is U72900TN2007PTC063118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sysway Software Solutions is at 46A Second Floor Appar Street Thiruvaleeswarar Nagar Thirumangalam, Chennai, Tamil Nadu, India – 600040.
Sysway Software Solutions was incorporated on 16 April 2007. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Sysway Software Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Sysway Software Solutions operated in the education industry, in the corporate training and development segment. It worked in this industry before it was struck off.
The peers of Sysway Software Solutions by revenue are Eduork Private Limited, I2global Eduserve Private Limited, Apprentice Training Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services).
Mookandi Palanikumar was appointed as Director on 16 Apr 2007. Shunmuganainar Sivaraman was appointed as Director on 16 Apr 2007. Shunmuganainar Sornarajan was appointed as Director on 16 Apr 2007.
The compliance status of Sysway Software Solutions is active non-compliant as of 06 July 2026.
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