MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-02-0023293
Itss (India) Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.93 Cr
▼ 33% YoY
Net loss · FY 2024
₹13.57 Cr
Net margin -124.1%
EBITDA · FY 2024
-₹11.67 Cr
EBITDA margin -106.7%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹4.05 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
89
Provident fund records
About Itss (India) Private Limited
Data last updated:
Itss (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 10 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2004PTC054893. Its GSTIN is 33AABCI3092C1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Patrick Andre Jaccoud and Sivaramakrishnan Ramamurthy.
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 Ground Floor No. 377 – 383 M.K.N. Road Alandur, Chennai, Tamil Nadu, India – 600016.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.93 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹13.57 Cr (net margin -124.1%) and EBITDA of -₹11.67 Cr (EBITDA margin -106.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 89 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.05 Cr on record.
Itss (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0023293). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itssglobal.com.
Company Details of Itss (India) Private Limited
CIN U72200TN2004PTC054893
Registration Number 054893
Incorporation Date 10 December 2004
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 MSME
Udyam Registration UDYAM-TN-02-0023293
Key People
Patrick Andre Jaccoud Director Sivaramakrishnan Ramamurthy Director Sivaramakrishnan Bouvaneswary Director Recognitions & Rankings of Itss (India)
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGround Floor No. 377 – 383 M.K.N. Road Alandur, Chennai, Tamil Nadu, India – 600016
- IndustryInformation Technology, Software Development & Support Services
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Business Activity of Itss (India) Private Limited
The main business activity of Itss (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Itss (India) Private Limited FY 2025 filings available
Itss (India) Private Limited reported revenue of ₹10.93 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹10.93 Cr ▼ 33%
Net loss · FY 2024
₹13.57 Cr margin -124.1%
EBITDA · FY 2024
-₹11.67 Cr margin -106.7%
Compounded Annual Growth Rate (CAGR) of Itss (India) Private Limited
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 7%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 697%
3 years · compounded
▼ 164%
5 years · compounded
▼ 68%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 33% fall in the latest year. EBITDA fell 697% 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 of Itss (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹11.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.57 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 of Itss (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -106.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -124.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Itss (India) are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Itss (India) Private Limited
Itss (India) has 3 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 |
|---|---|---|---|---|
| Patrick Andre Jaccoud | Director | 05 Feb 2005 | 21 Years 8 Months | Current |
| Sivaramakrishnan Ramamurthy | Director | 10 Dec 2004 | 21 Years 10 Months | Current |
| Sivaramakrishnan Bouvaneswary | Director | 10 Dec 2004 | 21 Years 10 Months | Current |
Peer Comparison of Itss (India) Private Limited
Itss (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ariqt Global Technologies Private Limited | ₹11 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Patna, Bihar, India |
| Vofox Solutions Private Limited | ₹10.99 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kochi, Kerala, India |
| Navatar Consulting Private Limited | ₹10.97 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Delhi, India |
| Foetron Consultancy Services Private Limited | ₹10.95 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Gurgaon, Haryana, India |
| 4Crisk.Ai Software Private Limited | ₹10.94 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Itss (India) Private Limited this company | ₹10.93 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Chennai, Tamil Nadu, India |
| Suresoft Systems Private Limited | ₹10.92 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Puducherry, India |
| Ikrux Solutions Private Limited | ₹10.88 Cr (FY 2024) | •••• | •••• | 79.0% | •••• | Bengaluru, Karnataka, India |
| Overbrook Technology Services Private Limited | ₹10.83 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kochi, Kerala, India |
| Functionize Software Private Limited | ₹10.83 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Four Pillars Infotech India Private Limited | ₹10.83 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Itss (India) by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Itss (India) Private Limited
Itss (India) Private Limited is audited by D MUTHUNARAYANAN & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D MUTHUNARAYANAN & CO | Locked | Locked | Locked |
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Ownership and Shareholding of Itss (India) Private Limited
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Charges & Borrowings of Itss (India) Private Limited
Open charges
₹4.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2023 | Axis Bank Limited | ₹4.05 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Itss (India) Private Limited
Itss (India) Private Limited has a workforce of 89 employees as of Apr 08, 2024.
Employee count
89
Active EPFO establishments
1
Employee growth
11.25%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Itss (India) Private Limited
Itss (India) Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Patrick Andre Jaccoud was appointed as Director on 05 Feb 2005.
AGM
Itss (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Itss (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Axis Bank Limited of Rs. 405.00 Lakh registered on 17 Jul 2023 with Charge ID 100753983 was modified on 24 Feb 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 405.00 Lakh with Charge ID 100753983 was registered on 17 Jul 2023.
Appointed
Patrick Andre Jaccoud was appointed as Director.
Ceased
Ramamurthy ceased to be Additional Director.
Appointed
Sivaramakrishnan Bouvaneswary was appointed as Director.
Appointed
Sivaramakrishnan Ramamurthy was appointed as Director.
Incorporation
10 Dec 2004
Itss (India) Private Limited was registered on 10 Dec 2004 with Roc Chennai & aged 21 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Itss (India) Private Limited
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MSME Payment Delays by Itss (India) Private Limited
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Subsidiaries & Group Companies of Itss (India) Private Limited
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GST Compliance of Itss (India) Private Limited
Itss (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI3092C1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Itss (India) Private Limited
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Related news about Itss (India) Private Limited
Frequently Asked Questions about Itss (India) Private Limited
Itss (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 10 December 2004 (22+ years old) and is registered under CIN U72200TN2004PTC054893.
Itss (India) reported revenue of ₹10.93 Cr for FY 2024 (down 33% YoY).
Itss (India) has 3 current directors:
- Patrick Andre Jaccoud - Director
- Sivaramakrishnan Ramamurthy - Director
- Sivaramakrishnan Bouvaneswary - Director
Itss (India) reported a net loss of ₹13.57 Cr (net margin -124.1%) and EBITDA of -₹11.67 Cr (EBITDA margin -106.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Itss (India) is -7% over three years and -1% over five years. In the latest year (FY 2024) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Itss (India) is 33AABCI3092C1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Itss (India) is U72200TN2004PTC054893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itss (India) was incorporated on 10 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Itss (India) by revenue are Ariqt Global Technologies Private Limited, Vofox Solutions Private Limited, Navatar Consulting Private Limited, Foetron Consultancy Services Private Limited, 4Crisk.Ai Software Private Limited and 5 more, all in the Information Technology industry (Software Services).
Patrick Andre Jaccoud was appointed as Director on 05 Feb 2005. Ramamurthy ceased to be Additional Director on 28 Dec 2004. Sivaramakrishnan Bouvaneswary was appointed as Director on 10 Dec 2004. Itss (India) has 4 board changes on record in total.
Yes, Itss (India) is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0023293).