Egrove Systems Private Limited

Egrove Systems Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2007PTC063276 Incorporated 25 April 2007 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹3.76 Cr
▼ 19% YoY
Net loss · FY 2024
₹18.67 Lakh
Net margin -5%
EBITDA · FY 2024
₹62,580
EBITDA margin 0.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹15.75 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
65
Provident fund records
Directors on board
3
As per MCA filings

About Egrove Systems Private Limited

Data last updated:

Egrove Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 April 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2007PTC063276. Its GSTIN is 33AABCE7686G2ZH (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.75 Lakh. It is led by directors including Govinda Raju Sathish Kumar and Sasikala Muthukrishnan.

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 No. 1354 11th Street I Block Vallalar Kudiyiruppu Anna Nagar West, Chennai, Tamil Nadu, India – 600040.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.76 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹18.67 Lakh (net margin -5%) and EBITDA of ₹62,580 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 23% over five years.

The company has about 65 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: eGrove Systems. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.

Egrove Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0114421). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website egrovesys.com.

Company details

CIN U72900TN2007PTC063276
Registration Number 063276
Incorporation Date 25 April 2007
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0114421

Recognitions & Rankings of Egrove Systems

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0114421

Contact details

Egrove Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is egrovesys.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No. 1354 11th Street I Block Vallalar Kudiyiruppu Anna Nagar West, Chennai, Tamil Nadu, India – 600040
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Egrove Systems Private Limited, buy the company report.

Comprehensive company report
Egrove 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
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Brands

Egrove Systems operates one associated brand: eGrove Systems. Each brand links to its own profile.

BrandDescriptionWebsite
Offers web and enterprise application development services.egrovesys.com

Business activity

The main business activity of Egrove Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Egrove Systems Private Limited, buy the company report.

Financials of Egrove Systems Private Limited

FY 2025 filings available

Egrove Systems Private Limited reported revenue of ₹3.76 Cr (down 19% YoY) for FY 2024.

Revenue · FY 2024
₹3.76 Cr ▼ 19%
Net loss · FY 2024
₹18.67 Lakh margin -5%
EBITDA · FY 2024
₹62,580 margin 0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 6%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 70%
5 years · compounded
▼ 31%

Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 93% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹62,580
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18.67 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.2%
Net Profit Margin-5%
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 Egrove Systems Private Limited, buy the company report.

Board of directors of Egrove Systems Private Limited

Egrove Systems has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Govinda Raju Sathish KumarDirector25 Apr 200719 Years 6 MonthsCurrent
Sasikala MuthukrishnanDirector05 May 201016 Years 5 MonthsCurrent
Subramani Arun KumarAlternate Director08 Nov 20232 Years 11 MonthsCurrent

Peer comparison

Egrove Systems Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Timesworld Media and Technology Solutions Private Limited₹3.76 Cr (FY 2025)12.0%Thiruvananthapuram, Kerala, India
Egrove Systems Private Limitedthis company₹3.76 Cr (FY 2024)-₹18.67 Lakh-5%-19.0%65Chennai, Tamil Nadu, India
Msqube Technology Solutions Private Limited₹3.76 Cr (FY 2024)84.0%Kolkata, West Bengal, India
Syscore Solutions Private Limited₹3.76 Cr (FY 2024)27.0%Meerut, Uttar Pradesh, India
Smisystems India Private Limited₹3.76 Cr (FY 2021)105.0%Pune, Maharashtra, India
Intrucept Private Limited₹3.76 Cr (FY 2025)-2.0%Bangalore, Karnataka, India

To see the full peer comparison of Egrove Systems Private Limited, buy the company report.

Auditor

Egrove Systems Private Limited is audited by K.K.B. & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K.K.B. & ASSOCIATESFY 2023008120S

Shareholding

The shareholding of Egrove Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Egrove Systems Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Egrove Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Egrove Systems Private Limited has a workforce of 65 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.

Employee count
65
Active EPFO establishments
2
Employee growth
-25.29%

GST

Egrove Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AABCE7686G2ZHTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Egrove Systems Private Limited, buy the company report.

Recent activity

Egrove Systems Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Subramani Arun Kumar was appointed as Alternate Director on 08 Nov 2023.

AGM
Egrove Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Egrove Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Subramani Arun Kumar was appointed as Alternate Director.
Ceased
Chellamani Muthuraj Karthick ceased to be Alternate Director.
Ceased
Subramani Arun Kumar ceased to be Additional Director.
Ceased
Padmanabhan Ramasubbarayulu ceased to be Alternate Director.
Ceased
Govindaraju Venkatachalam ceased to be Alternate Director.
Ceased
Muthukrishnan ceased to be Managing Director.
Ceased
Sasikala Muthukrishnan ceased to be Additional Director.
Appointed
Sasikala Muthukrishnan was appointed as Director.
Ceased
Govindaraju Rajesh Kumar ceased to be Director.
Ceased
Ganesan Ramanujem ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Egrove Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 April 2007 (19+ years old) and is registered under CIN U72900TN2007PTC063276.

Egrove Systems has 3 current directors:

The latest financial statements of Egrove 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.

The GSTIN of Egrove Systems is 33AABCE7686G2ZH, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Egrove Systems is U72900TN2007PTC063276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Egrove Systems has 2 court cases on record: 2 filed by the company. 2 are pending.

Egrove Systems was incorporated on 25 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Egrove Systems by revenue are Timesworld Media and Technology Solutions Private Limited, Msqube Technology Solutions Private Limited, Syscore Solutions Private Limited, Smisystems India Private Limited, Intrucept Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).

Subramani Arun Kumar was appointed as Alternate Director on 08 Nov 2023. Chellamani Muthuraj Karthick ceased to be Alternate Director on 30 Sep 2023. Subramani Arun Kumar ceased to be Additional Director on 30 Sep 2023. Egrove Systems has 12 board changes on record in total.

Yes, Egrove Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0114421).

Egrove Systems can be reached through the website egrovesys.com. Its registered office is in Chennai, Tamil Nadu, India.