About Worksys Professional Private Limited
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Worksys Professional Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC104410. Its GSTIN is 29AACCW0371P1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.25 Lakh. It is led by directors Suresh Kumar Veluchamy and Thirumalai Palavesam Veluchamy.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 102 Brigade Metropolis 73/1 Whitefield Road Garudacharpalya Mahadevpura, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2019, the company reported a revenue of ₹19,314, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹49.53 Lakh and EBITDA of -₹55.62 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website worksys.in.
Company details
Contact details
Worksys Professional Private Limited's registered office is in Bangalore, Karnataka. Its website is worksys.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 102 Brigade Metropolis 73/1 Whitefield Road Garudacharpalya Mahadevpura, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Worksys Professional 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 Worksys Professional is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Worksys Professional Private Limited, buy the company report.
Financials of Worksys Professional Private Limited
FY 2024 filings availableWorksys Professional Private Limited reported revenue of ₹19,314 (down 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹19,314 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹55.62 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹49.53 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
| Inventories | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
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To see the full financial statements and ratios of Worksys Professional Private Limited, buy the company report.
Board of directors of Worksys Professional Private Limited
Worksys Professional has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Veluchamy Also directs: Fiveinc LLP | Director | 05 Jul 2017 | 9 Years 3 Months | Current |
| Thirumalai Palavesam Veluchamy Also directs: Fiveinc LLP | Director | 05 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Worksys Professional Private Limited is audited by M M K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M K & CO | FY 2019 | 012685S |
Shareholding
The shareholding of Worksys Professional Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Worksys Professional Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Worksys Professional 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 Worksys Professional Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Worksys Professional has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW0371P1ZT | Karnataka | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Worksys Professional Private Limited, buy the company report.
Recent activity
Worksys Professional Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Thirumalai Palavesam Veluchamy ceased to be Director on 23 Apr 2019.
Frequently asked questions
Worksys Professional is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 July 2017 (9+ years old) and is registered under CIN U74999KA2017PTC104410.
Worksys Professional has 2 current directors:
- Suresh Kumar Veluchamy - Director
- Thirumalai Palavesam Veluchamy - Director
The latest financial statements of Worksys Professional on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Worksys Professional is 29AACCW0371P1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Worksys Professional is U74999KA2017PTC104410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Worksys Professional was incorporated on 05 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Thirumalai Palavesam Veluchamy ceased to be Director on 23 Apr 2019. Venkatachalam Shrinivasan ceased to be Director on 23 Apr 2019. Suresh Kumar Veluchamy was appointed as Director on 05 Jul 2017. Worksys Professional has 4 board changes on record in total.
Worksys Professional can be reached through the website worksys.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Worksys Professional is at G – 102 Brigade Metropolis 731 Whitefield Road Garudacharpalya Mahadevpura, Bangalore, Karnataka, India – 560048.
Worksys Professional operates in the information technology industry, in the application development and software solutions segment.
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