MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-03-0126207
Ciyes Systems Private Limited - information technology in Thudiyalur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.02 Cr
▲ 117% YoY
Net profit · FY 2024
₹2.1 Cr
Net margin 11%
EBITDA · FY 2024
₹3.61 Cr
EBITDA margin 19%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
150
Provident fund records
Directors on board
4
As per MCA filings
About Ciyes Systems Private Limited
Data last updated:
Ciyes Systems Private Limited is a private limited company based in Thudiyalur, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 22 February 2022.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2022PTC038289. Its GSTIN is 33AAKCC1194N1ZD (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Ayyathurai Maheswari and Veerasamy Siranjeevi Veeravenu.
Its last annual general meeting (AGM) was held on 29 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9/19D5 Poombukar Nagar Vkl Nagar, Thudiyalur, Tamil Nadu, India – 641034.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.02 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Cr (net margin 11%) and EBITDA of ₹3.61 Cr (EBITDA margin 19%).
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ciyes Systems. Court records list 3 cases involving the company, including 3 filed against it.
Ciyes Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-03-0126207). For more details, the company can be reached via its website ciyes.com.
Company details
CIN U72900TZ2022PTC038289
Registration Number 038289
Incorporation Date 22 February 2022
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 July 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-TN-03-0126207
Key People
Ayyathurai Maheswari Director Veerasamy Siranjeevi Veeravenu Director Kuppuswami Sureshbabu Director Recognitions & Rankings of Ciyes Systems
Contact details
Ciyes Systems Private Limited's registered office is in Thudiyalur, Tamil Nadu. Its website is ciyes.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address9/19D5 Poombukar Nagar Vkl Nagar, Thudiyalur, Tamil Nadu, India – 641034
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ciyes Systems Private Limited, buy the company report.
Comprehensive company report
Ciyes Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ciyes Systems operates one associated brand: Ciyes Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Deep-tech engineering focused on automation, AI, healthcare, and energy products. | ciyes.com |
Business activity
The main business activity of Ciyes Systems 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 Ciyes Systems Private Limited, buy the company report.
Financials of Ciyes Systems Private Limited
FY 2025 filings availableCiyes Systems Private Limited reported revenue of ₹19.02 Cr (up 117% YoY) for FY 2024.
Revenue · FY 2024
₹19.02 Cr ▲ 117%
Net profit · FY 2024
₹2.1 Cr margin 11%
EBITDA · FY 2024
₹3.61 Cr margin 19%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 117%
EBITDA CAGR growth
1 year
▲ 130%
Revenue rose 117% in the latest year. EBITDA rose 130% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.61 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.1 Cr | ||
| 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 | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 19% | ||
| Net Profit Margin | 11% | ||
| 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 Ciyes Systems Private Limited, buy the company report.
Board of directors of Ciyes Systems Private Limited
Ciyes Systems has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayyathurai Maheswari | Director | 24 Sep 2025 | 1 Years 1 Months | Current |
| Veerasamy Siranjeevi Veeravenu | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
| Kuppuswami Sureshbabu | Director | 24 Sep 2025 | 1 Years 1 Months | Current |
| Santha Rajagopalan | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Ciyes Systems Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Info Plus Technologies Private Limited | ₹19.12 Cr (FY 2024) | 10.0% | Chennai, Tamil Nadu, India | |||
| CSK Information Technology Private Limited | ₹19.11 Cr (FY 2025) | 222.0% | Panipat, Haryana, India | |||
| Zentropy Private Limited | ₹19.08 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Netsentries Infosec Solutions Private Limited | ₹19.06 Cr (FY 2025) | 28.0% | Bangalore, Karnataka, India | |||
| Rapidflow Apps Software Solutions Private Limited | ₹19.06 Cr (FY 2024) | -4.0% | Noida, Uttar Pradesh, India | |||
| Ciyes Systems Private Limitedthis company | ₹19.02 Cr (FY 2024) | ₹2.1 Cr | 11% | 117.0% | 150 | Thudiyalur, Tamil Nadu, India |
| Itorizon India Private Limited | ₹19.01 Cr (FY 2023) | 24.0% | Bengaluru, Karnataka, India | |||
| Appit Software Solutions Private Limited | ₹19.01 Cr (FY 2024) | -14.0% | Hyderabad, Telangana, India | |||
| Nuvepro Technologies Private Limited | ₹18.99 Cr (FY 2025) | 36.0% | Bangalore, Karnataka, India | |||
| Kameda Infologics Private Limited | ₹18.99 Cr (FY 2024) | 61.0% | Thiruvananthapuram, Kerala, India | |||
| Propeltech Labs India Private Limited | ₹18.96 Cr (FY 2025) | 14.0% | Sriperumbudur, Tamil Nadu, India |
To see the full peer comparison of Ciyes Systems Private Limited, buy the company report.
Auditor
Ciyes Systems Private Limited is audited by RRSK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RRSK & ASSOCIATES | FY 2023 | 009247S |
Shareholding
The shareholding of Ciyes Systems Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ciyes Systems Private Limited, buy the company report.
Legal cases
Ciyes Systems Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Company appeal | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Ciyes Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ciyes Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ciyes Systems Private Limited has a workforce of 150 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
150
Active EPFO establishments
1
Employee growth
120.59%
GST
Ciyes Systems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCC1194N1ZD | Tamil Nadu | Active | 24 May 2022 |
| 29AAKCC1194N1Z2 | Karnataka | Active | 04 Nov 2022 |
To see the full GST registrations and return filing status of Ciyes Systems Private Limited, buy the company report.
Recent activity
Ciyes Systems Private Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: Kuppuswami Sureshbabu ceased to be Additional Director on 14 Dec 2025.
Ceased
Kuppuswami Sureshbabu ceased to be Additional Director.
Ceased
Ayyathurai Maheswari ceased to be Additional Director.
Appointed
Ayyathurai Maheswari was appointed as Director.
Appointed
Kuppuswami Sureshbabu was appointed as Director.
AGM
Ciyes Systems Private Limited last Annual general meeting of members was held on 29 Jul 2025 as per latest MCA records.
Filing
Ciyes Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Appointed
Santha Rajagopalan was appointed as Director.
Appointed
Veerasamy Siranjeevi Veeravenu was appointed as Director.
Incorporation
22 Feb 2022
Ciyes Systems Private Limited was registered on 22 Feb 2022 with Roc Coimbatore & aged 4 years 8 months as per MCA records.
Frequently asked questions
Ciyes Systems is an active private limited company based in Thudiyalur, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 22 February 2022 (4+ years old) and is registered under CIN U72900TZ2022PTC038289.
Ciyes Systems has 4 current directors:
- Ayyathurai Maheswari - Director
- Veerasamy Siranjeevi Veeravenu - Director
- Kuppuswami Sureshbabu - Director
- Santha Rajagopalan - Director
The latest financial statements of Ciyes Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 July 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Ciyes Systems is 33AAKCC1194N1ZD, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAKCC1194N1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Ciyes Systems is U72900TZ2022PTC038289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ciyes Systems has 3 court cases on record: 3 filed against it.
Ciyes Systems was incorporated on 22 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Ciyes Systems by revenue are Info Plus Technologies Private Limited, CSK Information Technology Private Limited, Zentropy Private Limited, Netsentries Infosec Solutions Private Limited, Rapidflow Apps Software Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kuppuswami Sureshbabu ceased to be Additional Director on 14 Dec 2025. Ayyathurai Maheswari ceased to be Additional Director on 11 Dec 2025. Ayyathurai Maheswari was appointed as Director on 24 Sep 2025. Ciyes Systems has 6 board changes on record in total.
Yes, Ciyes Systems is registered as an MSME under Udyam registration (number: UDYAM-TN-03-0126207).
Ciyes Systems can be reached through the website ciyes.com. Its registered office is in Thudiyalur, Tamil Nadu, India.