About Technoway Software Solutions Private Limited
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Technoway Software Solutions Private Limited is a private limited company based in Kakkanad, Kerala, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2012PTC031050. Its GSTIN is 32AAECT2938B1ZR (Kerala).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Illath Veedu Palangadan Sasidharan and Irene.
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 Unit No.G.A Ground Floor Phase II Carnival Infopark Kusumagiri, Kakkanad, Kerala, India – 682042.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.05 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Lakh (net margin 1.4%) and EBITDA of ₹4.48 Lakh (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technowaysoftware.com.
Company details
Contact details
Technoway Software Solutions Private Limited's registered office is in Kakkanad, Kerala. Its website is technowaysoftware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.G.A Ground Floor Phase II Carnival Infopark Kusumagiri, Kakkanad, Kerala, India – 682042
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Technoway 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
Business activity
The main business activity of Technoway Software Solutions 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 Technoway Software Solutions Private Limited, buy the company report.
Financials of Technoway Software Solutions Private Limited
FY 2025 filings availableTechnoway Software Solutions Private Limited reported revenue of ₹74.05 Lakh (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 33% 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 | ₹4.48 Lakh | ||||
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| Net Profit (PAT) | ₹1.02 Lakh | ||||
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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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| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Technoway Software Solutions Private Limited, buy the company report.
Board of directors of Technoway Software Solutions Private Limited
Technoway Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Illath Veedu Palangadan Sasidharan Also directs: Technowave Id Systems Private Limited | Director | 19 Apr 2012 | 14 Years 6 Months | Current |
| Irene Also directs: Technowave Id Systems Private Limited | Director | 19 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Technoway Software Solutions Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Avit Business Solution Private Limited | ₹74.18 Lakh (FY 2022) | Pune, Maharashtra, India | ||||
| Forvandle IT Solutions Private Limited | ₹74.18 Lakh (FY 2024) | -22.0% | Hyderabad, Telangana, India | |||
| JSVV Sols Private Limited | ₹74.15 Lakh (FY 2025) | 27.0% | Wyra, Telangana, India | |||
| Accentran Systems Private Limited | ₹74.11 Lakh (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Cherub Software Private Limited | ₹74.1 Lakh (FY 2025) | -34.0% | Chandigarh, India | |||
| Technoway Software Solutions Private Limitedthis company | ₹74.05 Lakh (FY 2025) | ₹1.02 Lakh | 1.4% | 8.0% | Kakkanad, Kerala, India | |
| Foyb and Hostoo Solutions Private Limited | ₹74.01 Lakh (FY 2025) | 19.0% | Bangalore, Karnataka, India | |||
| Synctacticai Technology Private Limited | ₹74 Lakh (FY 2023) | -1.0% | Bangalore, Karnataka, India | |||
| Tupac Technologies Private Limited | ₹73.96 Lakh (FY 2024) | -10.0% | Mohali, Punjab, India |
To see the full peer comparison of Technoway Software Solutions Private Limited, buy the company report.
Auditor
Technoway Software Solutions Private Limited is audited by SNV & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNV & Associates | FY 2023 | 013855S |
Shareholding
The shareholding of Technoway Software Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Technoway Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Technoway 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 Technoway Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Technoway Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECT2938B1ZR | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technoway Software Solutions Private Limited, buy the company report.
Recent activity
Technoway Software Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Illath Veedu Palangadan Sasidharan was appointed as Director on 19 Apr 2012.
Frequently asked questions
Technoway Software Solutions is an active private limited company based in Kakkanad, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 April 2012 (14+ years old) and is registered under CIN U72200KL2012PTC031050.
Technoway Software Solutions has 2 current directors:
- Illath Veedu Palangadan Sasidharan - Director
- Irene - Director
The latest financial statements of Technoway Software Solutions 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 Technoway Software Solutions is 32AAECT2938B1ZR, registered in Kerala.
The CIN (Corporate Identification Number) of Technoway Software Solutions is U72200KL2012PTC031050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technoway Software Solutions was incorporated on 19 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Technoway Software Solutions by revenue are Avit Business Solution Private Limited, Forvandle IT Solutions Private Limited, JSVV Sols Private Limited, Accentran Systems Private Limited, Cherub Software Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Illath Veedu Palangadan Sasidharan was appointed as Director on 19 Apr 2012. Irene was appointed as Director on 19 Apr 2012.
Technoway Software Solutions can be reached through the website technowaysoftware.com. Its registered office is in Kakkanad, Kerala, India.
The registered office of Technoway Software Solutions is at Unit No.G.A Ground Floor Phase II Carnival Infopark Kusumagiri, Kakkanad, Kerala, India – 682042.
Technoway Software Solutions operates in the information technology industry, in the IT consulting and support services segment.
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