About Techspine Systems Private Limited
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Techspine Systems Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of M/S Practicesuite Inc,Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2005PTC018508. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vinod Sreekumar and Deepesh Damodaran.
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 Door No 5 III Floor A Wingthapasya Infopark Kusumagiri P O Kakkanadu, Ernakulam, Kerala, India – 682030.
As per the financials filed for FY 2022, the company reported a revenue of ₹47.48 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹4.53 Lakh (net margin -9.5%) and EBITDA of -₹1.9 Lakh (EBITDA margin -4%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 36% over five years.
The company has about 145 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website practicesuite.com.
Company details
Contact details
Techspine Systems Private Limited's registered office is in Ernakulam, Kerala. Its website is practicesuite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No 5 III Floor A Wingthapasya Infopark Kusumagiri P O Kakkanadu, Ernakulam, Kerala, India – 682030
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techspine 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 Techspine Systems is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
Financials of Techspine Systems Private Limited
FY 2025 filings availableTechspine Systems Private Limited reported revenue of ₹47.48 Lakh (down 87% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 87% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹47.48 Lakh | ||||
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| EBITDA | -₹1.9 Lakh | ||||
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| Net Profit (PAT) | -₹4.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -4% | ||||
| Net Profit Margin | -9.5% | ||||
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To see the full financial statements and ratios of Techspine Systems Private Limited, buy the company report.
Board of directors of Techspine Systems Private Limited
Techspine Systems has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Sreekumar | Director | 06 Feb 2019 | 7 Years 8 Months | Current |
| Deepesh Damodaran Also directs: Practicesuite India Private Limited | Director | 06 Feb 2019 | 7 Years 8 Months | Current |
| Sukumaran Nair Kalathiparambil Govindan | Director | 30 Aug 2006 | 20 Years 1 Months | Current |
Auditor
Techspine Systems Private Limited is audited by KANNAN & KASSIM for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANNAN & KASSIM | FY 2022 | 008896S |
Shareholding
The shareholding of Techspine Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Techspine Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techspine 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 Techspine Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Techspine Systems Private Limited has a workforce of 145 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Techspine Systems has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Techspine Systems Private Limited, buy the company report.
Recent activity
Techspine Systems Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Deepesh Damodaran ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Techspine Systems is an active private limited company based in Ernakulam, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 August 2005 (21+ years old) and is registered under CIN U72200KL2005PTC018508.
Techspine Systems has 3 current directors:
- Vinod Sreekumar - Director
- Deepesh Damodaran - Director
- Sukumaran Nair Kalathiparambil Govindan - Director
The latest financial statements of Techspine 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.
No. Techspine Systems has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Techspine Systems is U72200KL2005PTC018508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techspine Systems was incorporated on 08 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
Deepesh Damodaran ceased to be Additional Director on 30 Sep 2019. Vinod Sreekumar ceased to be Additional Director on 30 Sep 2019. Sudheer Menon ceased to be Director on 13 Mar 2019. Techspine Systems has 6 board changes on record in total.
Techspine Systems can be reached through the website practicesuite.com. Its registered office is in Ernakulam, Kerala, India.
The registered office of Techspine Systems is at Door No 5 III Floor A Wingthapasya Infopark Kusumagiri P O Kakkanadu, Ernakulam, Kerala, India – 682030.
Techspine Systems operates in the information technology industry, in the IT consulting and support services segment.