MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-02-0041874
Qway Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹111.6 Cr
▲ 18% YoY
Net profit · FY 2025
₹55.72 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹5.63 Cr
EBITDA margin 5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹13.64 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
907
Provident fund records
About Qway Technologies Private Limited
Data last updated:
Qway Technologies 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 01 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2010PTC075222. Its GSTIN is 33AAACQ2163K1ZK (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Sivasubramanian Karthikeyan and Kannan Harish.
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 Rr Tower III Fourth Floor T.V.K Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.6 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹55.72 Lakh (net margin 0.5%) and EBITDA of ₹5.63 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 25% over five years.
The company has about 907 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.64 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2022. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Ixia Technologies Private Limited with revenue of ₹114.27 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 8 overdue payments to 5 micro and small suppliers.
Qway Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0041874). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qway.us.
Company Details of Qway Technologies Private Limited
CIN U72200TN2010PTC075222
Registration Number 075222
Incorporation Date 01 April 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-02-0041874
Recognitions & Rankings of Qway Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRr Tower III Fourth Floor T.V.K Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Application Development & Software Solutions
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Business Activity of Qway Technologies Private Limited
The main business activity of Qway Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Qway Technologies Private Limited FY 2024 filings available
Qway Technologies Private Limited reported revenue of ₹111.6 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹111.6 Cr ▲ 18%
Net profit · FY 2025
₹55.72 Lakh margin 0.5%
EBITDA · FY 2025
₹5.63 Cr margin 5%
Compounded Annual Growth Rate (CAGR) of Qway Technologies Private Limited
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 33%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 38%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 18% growth in the latest year. EBITDA rose 64% 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 Qway Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55.72 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 of Qway Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Qway Technologies 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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Verified entity values are shown only after access is granted.
Board of Directors of Qway Technologies Private Limited
Qway Technologies has 3 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 |
|---|---|---|---|---|
| Sivasubramanian Karthikeyan Also directs: Funzxtreme LLP, K Food Ventures LLP | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
| Kannan Harish | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Praveen Also directs: Funzxtreme LLP, K Food Ventures LLP | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Peer Comparison of Qway Technologies Private Limited
Qway Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ixia Technologies Private Limited | ₹114.27 Cr (FY 2018) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Stats Systems India Private Limited | ₹114.19 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Purpletalk India Private Limited | ₹113.89 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Hyderabad, Telangana, India |
| Proarch IT Solutions Private Limited | ₹113.57 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
| Aloha Technology Private Limited | ₹112.43 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Qway Technologies Private Limited this company | ₹111.6 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Synoptek India Private Limited | ₹111.25 Cr (FY 2023) | •••• | •••• | 38.0% | •••• | Ahmedabad, Gujarat, India |
| Sagitec Solutions Private Limited | ₹111.12 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Barracuda Networks (India) Private Limited | ₹110.68 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Ysecit Softwares India Private Limited | ₹110.34 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| Spectraforce Technologies (India) Private Limited | ₹109.47 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Qway Technologies by revenue in the Information Technology industry (Application Development), 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 Qway Technologies Private Limited
Qway Technologies Private Limited is audited by ESSVEEYAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ESSVEEYAR | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Qway Technologies Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Qway Technologies Private Limited
Open charges
₹13.64 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2025 | Hdfc Bank Limited | ₹39.31 Lakh | Open |
| 05 Apr 2025 | Hdfc Bank Limited | ₹1.34 Cr | Open |
| 25 Feb 2025 | State Bank of India | ₹4.6 Cr | Open |
| 27 Dec 2023 | Canara Bank | ₹2.65 Cr | Open |
| 27 Oct 2023 | Hdfc Bank Limited | ₹1.31 Cr | Open |
Total charge records: 10 View all charges
Deals & Funding of Qway Technologies Private Limited
Qway Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2022.
Total deals
3
Secondary share transfers
2
Rights issue
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2016 | Rights issue | ₹14 Lakh | Investors: 3 individuals |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Qway Technologies Private Limited
Qway Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 28 Sep 2026.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Qway Technologies Private Limited
Qway Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 8 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| R.V. Corporate Needs | •••• | •••• | •••• |
| SS Traders | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Qway Technologies Private Limited
Qway Technologies Private Limited has a workforce of 907 employees as of Apr 03, 2024.
Employee count
907
Active EPFO establishments
1
Employee growth
24.42%
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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 Qway Technologies Private Limited
Qway Technologies Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Kannan Harish ceased to be Director on 29 Sep 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.31 Lakh with Charge ID 101192902 was registered on 16 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 134.16 Lakh with Charge ID 101122266 was registered on 05 Apr 2025.
Charges
A charge with State Bank Of India amounted to Rs. 460.00 Lakh with Charge ID 101052373 was registered on 25 Feb 2025.
AGM
Qway Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Qway Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Canara Bank amounted to Rs. 265.00 Lakh with Charge ID 100890074 was registered on 27 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 130.79 Lakh with Charge ID 100848283 was registered on 27 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 152.57 Lakh with Charge ID 100752616 was registered on 11 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 47.00 Lakh with Charge ID 100710079 was registered on 15 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.75 Lakh with Charge ID 100671397 was registered on 20 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100590159 was registered on 26 Apr 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 34.00 Lakh with Charge ID 100453670 was registered on 22 Apr 2021.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Qway Technologies Private Limited
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Subsidiaries & Group Companies of Qway Technologies Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Qway Technologies Private Limited
Qway Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACQ2163K1ZK | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Qway Technologies Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Qway Technologies Private Limited
Qway Technologies 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 01 April 2010 (16+ years old) and is registered under CIN U72200TN2010PTC075222.
Qway Technologies reported revenue of ₹111.6 Cr for FY 2025 (up 18% YoY).
Qway Technologies has 3 current directors:
- Sivasubramanian Karthikeyan - Director
- Kannan Harish - Director
- Praveen - Director
Qway Technologies reported a net profit of ₹55.72 Lakh (net margin 0.5%) and EBITDA of ₹5.63 Cr (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qway Technologies is 33% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Qway Technologies is 33AAACQ2163K1ZK, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Qway Technologies is U72200TN2010PTC075222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qway Technologies has 1 court case on record: 1 filed against it.
Qway Technologies was incorporated on 01 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Qway Technologies has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2022.
The peers of Qway Technologies by revenue are Ixia Technologies Private Limited, Stats Systems India Private Limited, Purpletalk India Private Limited, Proarch IT Solutions Private Limited, Aloha Technology Private Limited and 5 more, all in the Information Technology industry (Application Development).
Kannan Harish ceased to be Director on 29 Sep 2015. Sivasubramanian Karthikeyan ceased to be Additional Director on 30 Sep 2014. Sivasubramanian Karthikeyan was appointed as Director on 01 Jan 2014. Qway Technologies has 5 board changes on record in total.