MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-28-0003826
Goodway Techsol Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹49.8 Lakh
▲ 28% YoY
Net loss · FY 2023
₹9.06 Lakh
Net margin -18.2%
EBITDA · FY 2023
₹10,000
EBITDA margin 0.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Goodway Techsol Private Limited
Data last updated:
Goodway Techsol 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 12 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72909TN2016PTC111921. Its GSTIN is 33AAGCG4949K1ZA (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sangamidhira K and Suresh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 12/1 Trustpuram 1st Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2023, the company reported a revenue of ₹49.8 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹9.06 Lakh (net margin -18.2%) and EBITDA of ₹10,000 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 52% over five years.
The company is associated with 1 brand: HoWorkforce.
Goodway Techsol Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0003826). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website howorkforce.com.
Company details
CIN U72909TN2016PTC111921
Registration Number 111921
Incorporation Date 12 August 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-28-0003826
Recognitions & Rankings of Goodway Techsol
Contact details
Goodway Techsol Private Limited's registered office is in Chennai, Tamil Nadu. Its website is howorkforce.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address12/1 Trustpuram 1st Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Goodway Techsol Private Limited, buy the company report.
Comprehensive company report
Goodway Techsol 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
Goodway Techsol operates one associated brand: HoWorkforce. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile app for remote attendance, task assignment, and expense monitoring. | howorkforce.com |
Business activity
The main business activity of Goodway Techsol is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Goodway Techsol Private Limited, buy the company report.
Financials of Goodway Techsol Private Limited
FY 2023 filings availableGoodway Techsol Private Limited reported revenue of ₹49.8 Lakh (up 28% YoY) for FY 2023.
Revenue · FY 2023
₹49.8 Lakh ▲ 28%
Net loss · FY 2023
₹9.06 Lakh margin -18.2%
EBITDA · FY 2023
₹10,000 margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 23%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 26%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 28% growth in the latest year. EBITDA rose 103% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹49.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.06 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -18.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Goodway Techsol Private Limited, buy the company report.
Board of directors of Goodway Techsol Private Limited
Goodway Techsol has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangamidhira K Also directs: Goodway Indsol Private Limited, GW Impex Private Limited | Director | 12 Aug 2016 | 10 Years 2 Months | Current |
| Suresh Kumar Also directs: Goodway Indsol Private Limited, GW Impex Private Limited | Director | 12 Aug 2016 | 10 Years 2 Months | Current |
| Kalyani Subramanyan Also directs: GW Impex Private Limited | Director | 12 Aug 2016 | 10 Years 2 Months | Current |
| Balasubramanian Chenniappan Also directs: GW Impex Private Limited | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Goodway Techsol Private Limited is audited by KAWRAT AND JAIN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAWRAT AND JAIN | FY 2023 | 008237S |
Shareholding
The shareholding of Goodway Techsol 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goodway Techsol Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Goodway Techsol 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 Goodway Techsol Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Goodway Techsol has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCG4949K1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goodway Techsol Private Limited, buy the company report.
Recent activity
Goodway Techsol Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Balasubramanian Chenniappan ceased to be Additional Director on 29 Sep 2017.
AGM
Goodway Techsol Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Goodway Techsol Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Ceased
Balasubramanian Chenniappan ceased to be Additional Director.
Appointed
Balasubramanian Chenniappan was appointed as Director.
Appointed
Kalyani Subramanyan was appointed as Director.
Appointed
Sangamidhira K was appointed as Director.
Appointed
Suresh Kumar was appointed as Director.
Incorporation
12 Aug 2016
Goodway Techsol Private Limited was registered on 12 Aug 2016 with Roc Chennai & aged 10 years 2 months as per MCA records.
Frequently asked questions
Goodway Techsol 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 12 August 2016 (10+ years old) and is registered under CIN U72909TN2016PTC111921.
Goodway Techsol has 4 current directors:
- Sangamidhira K - Director
- Suresh Kumar - Director
- Kalyani Subramanyan - Director
- Balasubramanian Chenniappan - Director
The latest financial statements of Goodway Techsol on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Goodway Techsol is 33AAGCG4949K1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Goodway Techsol is U72909TN2016PTC111921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodway Techsol was incorporated on 12 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Balasubramanian Chenniappan ceased to be Additional Director on 29 Sep 2017. Balasubramanian Chenniappan was appointed as Director on 19 Oct 2016. Kalyani Subramanyan was appointed as Director on 12 Aug 2016. Goodway Techsol has 5 board changes on record in total.
Yes, Goodway Techsol is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-28-0003826).
Goodway Techsol can be reached through the website howorkforce.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Goodway Techsol is at 121 Trustpuram 1st Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024.