
About Sevitech Systems Private Limited
Data last updated:
Sevitech Systems Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Us Technology International Private Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2013PTC085602. Its GSTIN is 29AATCS6551N1ZA (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Gilroy Mathew and Nambu Nair Veetil Dileep.
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 1st Floor Vismaya Building Infopark, Ernakulam, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.13 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹3.38 Cr (net margin 12.5%) and EBITDA of ₹4.6 Cr (EBITDA margin 16.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 19% over five years.
The company has about 252 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sevitech Systems. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in November 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sevitechsystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1st Floor Vismaya Building Infopark, Kusumagiri P.O. Kakkanad, Ernakulam, Kerala, India – 682030
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Sevitech Systems Private Limited
The main business activity of Sevitech Systems 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sevitech Systems Private Limited FY 2025 filings available
Sevitech Systems Private Limited reported revenue of ₹27.13 Cr (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sevitech Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 46% fall in the latest year. EBITDA fell 17% 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 Sevitech Systems 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 | ₹4.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.38 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 Sevitech Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.5% | •••• | •••• | •••• | •••• |
| 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 Sevitech Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Sevitech Systems Private Limited
Sevitech Systems Private Limited is audited by BKB & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BKB & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sevitech Systems Private Limited
Sevitech Systems has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gilroy Mathew Also directs: Us Technology Resources Private Limited | Director | 23 Sep 2019 | 7 Years 0 Months | Current |
| Nambu Nair Veetil Dileep Also directs: Fincuro Solutions Private Limited, Piktor Innovation Labs India Private Limited, Abzooba India Infotech Private Limited and 5 more | Additional Director | 21 Aug 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Sevitech Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sevitech Systems Private Limited
Sevitech Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Sevitech Systems Private Limited
Sevitech Systems Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in November 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: Us Technology Resources Private Limited , Us Technology International Private Limited Seller: 2 individuals |
| Sep 2018 | Acquisition | Undisclosed | Buyer: Us Technology International Private Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Us Technology International Private Limited Seller: 2 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Sevitech Systems Private Limited
Sevitech Systems operates one associated brand: SEVITECH SYSTEMS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of BPO services for information technology, semiconductor, and software designs | sevitechsystems.com |
Employees and EPFO Compliance at Sevitech Systems Private Limited
Sevitech Systems Private Limited has a workforce of 252 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Sevitech Systems Private Limited
Sevitech Systems has one previous CIN (Corporate Identification Number): U72200KA2013PTC071068. The current CIN is U72200KL2013PTC085602, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KL2013PTC085602 | Current |
| U72200KA2013PTC071068 | Previous |
News related to Sevitech Systems Private Limited
Recent Activity on Sevitech Systems Private Limited
Sevitech Systems Private Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Nambu Nair Veetil Dileep was appointed as Additional Director on 21 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Sevitech Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sevitech Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sevitech Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sevitech Systems Private Limited
Sevitech Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCS6551N1ZA | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sevitech Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sevitech Systems Private Limited
Sevitech Systems is an active private limited company based in Ernakulam, Kerala, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 September 2013 (13+ years old) and is registered under CIN U72200KL2013PTC085602.
Sevitech Systems reported revenue of ₹27.13 Cr for FY 2025 (down 46% YoY).
Sevitech Systems has 2 current directors:
- Gilroy Mathew - Director
- Nambu Nair Veetil Dileep - Additional Director
Sevitech Systems reported a net profit of ₹3.38 Cr (net margin 12.5%) and EBITDA of ₹4.6 Cr (EBITDA margin 16.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sevitech Systems is -33% over three years and -19% over five years. In the latest year (FY 2025) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sevitech Systems is 29AATCS6551N1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Sevitech Systems is U72200KL2013PTC085602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sevitech Systems was incorporated on 19 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Sevitech Systems has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in November 2020.
Nambu Nair Veetil Dileep was appointed as Additional Director on 21 Aug 2025. Manoj Narayanan was appointed as Additional Director on 15 Jul 2021. Prabhu Jagannath Bhairi ceased to be Director on 15 Jul 2021. Sevitech Systems has 9 board changes on record in total.