Qway Technologies Private Limited

Qway Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72200TN2010PTC075222 Incorporated 01 April 2010 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME
Data last updated
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. 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

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

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-02-0041874

Contact details

Qway Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is qway.us. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Rr Tower III Fourth Floor T.V.K Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Qway Technologies Private Limited, buy the company report.

Comprehensive company report
Qway Technologies 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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Business activity

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

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)

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5%
Net Profit Margin0.5%
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 Qway Technologies Private Limited, buy the company report.

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
NameDesignationAppointment DateTenureStatus
Sivasubramanian KarthikeyanDirector01 Jan 201412 Years 9 MonthsCurrent
Kannan HarishDirector01 Apr 201016 Years 6 MonthsCurrent
PraveenDirector01 Apr 201016 Years 6 MonthsCurrent

Auditor

Qway Technologies Private Limited is audited by ESSVEEYAR for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ESSVEEYARFY 2023000808S

Shareholding

The shareholding of Qway Technologies 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 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Qway Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.64 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹6.39 Cr
State Bank of India₹4.60 Cr
Canara Bank₹2.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Oct 2025101192902Hdfc Bank Limited₹39.31 LakhOpen
05 Apr 2025101122266Hdfc Bank Limited₹1.34 CrOpen
25 Feb 2025101052373State Bank of India₹4.6 CrOpen
27 Dec 2023100890074Canara Bank₹2.65 CrOpen
27 Oct 2023100848283Hdfc Bank Limited₹1.31 CrOpen

Total charge records: 10 View all charges

Deals & funding

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)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Nov 2016Rights issue₹14 LakhInvestors: 3 individuals
Jan 2014Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
R.V. Corporate Needs
SS Traders
an individual supplier

To see the full MSME payment records of Qway Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Qway Technologies Private Limited has a workforce of 907 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
907
Active EPFO establishments
1
Employee growth
24.42%

GST

Qway Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACQ2163K1ZKTamil NaduActive01 Jul 2017

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

Recent activity

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 in the company report.

Frequently asked questions

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 has 3 current directors:

The latest financial statements of Qway Technologies 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 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.

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.

Yes, Qway Technologies is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0041874).

Qway Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 8 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Oct 2020.