MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0006328
Precision Techserve Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹42.21 Cr
▲ 26% YoY
Net profit · FY 2024
₹1.56 Cr
Net margin 3.7%
EBITDA · FY 2024
₹2.92 Cr
EBITDA margin 6.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹16.09 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹17.23 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
813
Provident fund records
About Precision Techserve Private Limited
Data last updated:
Precision Techserve Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Precision Infomatic (Madras ) Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN1999PTC041955. Its GSTIN is 33AABCP8005C2ZZ (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹16.09 Lakh. It is led by directors including Mathew Chacko and Thanjavur Govindarajan Ramesh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 22 Habibulla Road T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.21 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 3.7%) and EBITDA of ₹2.92 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.
The company has about 813 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Precision. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹17.23 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Precision Techserve Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0006328). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precisionit.co.in.
Company details
CIN U51909TN1999PTC041955
Registration Number 041955
Incorporation Date 23 February 1999
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Precision Infomatic (Madras ) Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0006328
Key People
Mathew Chacko Director Thanjavur Govindarajan Ramesh Director Viswanathan Murali Director Recognitions & Rankings of Precision Techserve
Contact details
Precision Techserve Private Limited's registered office is in Chennai, Tamil Nadu. Its website is precisionit.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address22 Habibulla Road T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Precision Techserve Private Limited, buy the company report.
Comprehensive company report
Precision Techserve 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
Precision Techserve operates one associated brand: Precision. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision is engaged in providing biometric and cloud solutions. | precisionit.co.in |
Business activity
The main business activity of Precision Techserve 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 Precision Techserve Private Limited, buy the company report.
Financials of Precision Techserve Private Limited
FY 2024 filings availablePrecision Techserve Private Limited reported revenue of ₹42.21 Cr (up 26% YoY) for FY 2024.
Revenue · FY 2024
₹42.21 Cr ▲ 26%
Net profit · FY 2024
₹1.56 Cr margin 3.7%
EBITDA · FY 2024
₹2.92 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 19%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 25%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 26% growth in the latest year. EBITDA rose 43% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.92 Cr | ||||
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| Net Profit (PAT) | ₹1.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Precision Techserve Private Limited, buy the company report.
Board of directors of Precision Techserve Private Limited
Precision Techserve has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Chacko | Director | 23 Feb 1999 | 27 Years 8 Months | Current |
| Thanjavur Govindarajan Ramesh | Director | 23 Feb 1999 | 27 Years 8 Months | Current |
| Viswanathan Murali | Director | 23 Feb 1999 | 27 Years 8 Months | Current |
Peer comparison
Precision Techserve Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with 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 |
|---|---|---|---|---|---|---|
| Wiselink Global Services Private Limited | ₹42.34 Cr (FY 2024) | 11.0% | Hyderabad, Telangana, India | |||
| Precision Techserve Private Limitedthis company | ₹42.21 Cr (FY 2024) | ₹1.56 Cr | 3.7% | 26.0% | 813 | Chennai, Tamil Nadu, India |
| Stellium Consulting India Private Limited | ₹42.06 Cr (FY 2024) | 40.0% | Bangalore, Karnataka, India | |||
| Gujarat Infotech Limited | ₹41.84 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Systech Solutions Private Limited | ₹41.71 Cr (FY 2024) | -5.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Precision Techserve Private Limited, buy the company report.
Auditor
Precision Techserve Private Limited is audited by S. Balaji for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Balaji | FY 2023 | 230830 |
Shareholding
The shareholding of Precision Techserve 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 Precision Techserve Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹17.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2025 | 101146786 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 11 Mar 2025 | 101084335 | State Bank of India | ₹4.75 Cr | Satisfied | |
| 30 Jun 2022 | 100596093 | State Bank of India | ₹5 Cr | Satisfied | |
| 30 Jan 2006 | 80023633 | Canara Bank | ₹7.1 Cr | Satisfied | |
| 16 Jul 2003 | 90286541 | Bank of Baroda | ₹7.5 Lakh | Satisfied |
To see the full charge records of Precision Techserve Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Precision Techserve Private Limited has 3 court cases on record: 2 filed by Precision Techserve, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Petition | Filed by the company against M/S.Aptech Limited | Disposed |
| High Court, TAMIL NADU | Court case (TCA) | Filed by the company against The Assistant Commissioner of Income Tax | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The State Tax Officer SPL Govt Pleader (Taxes) | Disposed |
To see the full case history of Precision Techserve 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 Precision Techserve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Precision Techserve Private Limited has a workforce of 813 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
813
Active EPFO establishments
1
Employee growth
9.42%
GST
Precision Techserve has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCP8005C2ZZ | Tamil Nadu | Active | 01 Jul 2017 |
| 29AABCP8005C1ZP | Karnataka | Active | 04 Sep 2018 |
To see the full GST registrations and return filing status of Precision Techserve Private Limited, buy the company report.
Recent activity
Precision Techserve Private Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Nerur Thiagarajan Shiv Kumar ceased to be Director on 20 Aug 2010.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101146786 was registered on 26 Aug 2025.
Charges
A charge registered on 11 Mar 2025 via Charge ID 101084335 with State Bank Of India was fully satisfied on 08 Jul 2025.
Charges
A charge registered on 30 Jun 2022 via Charge ID 100596093 with State Bank Of India was fully satisfied on 25 Apr 2025.
Charges
A charge with State Bank Of India amounted to Rs. 4.75 Cr with Charge ID 101084335 was registered on 11 Mar 2025.
AGM
Precision Techserve Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Precision Techserve Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100596093 was registered on 30 Jun 2022.
Charges
A charge registered on 30 Jan 2006 via Charge ID 80023633 with Canara Bank was fully satisfied on 10 Jan 2014.
Ceased
Nerur Thiagarajan Shiv Kumar ceased to be Director.
Ceased
Muralidharan Madhavan Vellore ceased to be Director.
Ceased
Ponnuvel Chettiar Ramesh ceased to be Director.
Charges
A charge with Canara Bank of Rs. 7.10 Cr registered on 30 Jan 2006 with Charge ID 80023633 was modified on 21 Nov 2008.
11 earlier events are in the company report.
News
Frequently asked questions
Precision Techserve is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 February 1999 (27+ years old) and is registered under CIN U51909TN1999PTC041955.
Precision Techserve has 3 current directors:
- Mathew Chacko - Director
- Thanjavur Govindarajan Ramesh - Director
- Viswanathan Murali - Director
The latest financial statements of Precision Techserve on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Precision Techserve is 33AABCP8005C2ZZ, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AABCP8005C1ZP (Karnataka).
The CIN (Corporate Identification Number) of Precision Techserve is U51909TN1999PTC041955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Techserve has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Precision Techserve was incorporated on 23 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Precision Techserve by revenue are Wiselink Global Services Private Limited, Stellium Consulting India Private Limited, Gujarat Infotech Limited, Systech Solutions Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Nerur Thiagarajan Shiv Kumar ceased to be Director on 20 Aug 2010. Muralidharan Madhavan Vellore ceased to be Director on 31 Dec 2009. Ponnuvel Chettiar Ramesh ceased to be Director on 31 Dec 2009. Precision Techserve has 6 board changes on record in total.
Yes, Precision Techserve is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0006328).
Precision Techserve can be reached through the website precisionit.co.in. Its registered office is in Chennai, Tamil Nadu, India.