About Sundaram Infotech Solutions Limited
Data last updated:
Sundaram Infotech Solutions Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Sundaram Finance Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 19 July 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2005PLC056969. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.4 Cr. It was led by directors including Srinivas Acharya and Kasthurirangan Swaminathan.
Its last annual general meeting (AGM) was held on 11 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.21 Patullos Road, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.17 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Cr (net margin -10.5%) and EBITDA of -₹1.37 Cr (EBITDA margin -9%).
The company had about 82 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹1 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 1 case is pending.
The last known website on record is sundaraminfotech.in.
Company details
Contact details
Sundaram Infotech Solutions Limited's registered office is in Chennai, Tamil Nadu. Its website is sundaraminfotech.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.21 Patullos Road, Chennai, Tamil Nadu, India – 600002
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions, IT Infrastructure Management & Services
To see the full contact details of Sundaram Infotech Solutions Limited, buy the company report.
- 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
Business activity
The main business activity of Sundaram Infotech Solutions 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 Sundaram Infotech Solutions Limited, buy the company report.
Financials of Sundaram Infotech Solutions Limited
FY 2017 filings availableSundaram Infotech Solutions Limited reported revenue of ₹15.17 Cr (down 6% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. EBITDA fell 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹15.17 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.37 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.6 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -9% | ||
| Net Profit Margin | -10.5% | ||
| 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 Sundaram Infotech Solutions Limited, buy the company report.
Board of directors and KMP of Sundaram Infotech Solutions Limited
Sundaram Infotech Solutions Limited currently reports 4 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Acharya Also directs: Thejo Engineering Limited, India Motor Parts & Accessories Limited, Sugal Earthen Spaces Ventures Limited and 5 more | Director | 19 Jul 2005 | 21 Years 3 Months | As last reported |
| Mahadevan Ramaswamy Also directs: LGF Services Limited | Cfo | 01 Sep 2014 | 12 Years 2 Months | As last reported |
| Kasthurirangan Swaminathan | Director | 19 Jul 2005 | 21 Years 3 Months | As last reported |
| Tirunelveli Krishnan Sundararajan | Director | 28 Mar 2015 | 11 Years 7 Months | As last reported |
| Sridharan Preetha | Director | 28 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Sundaram Infotech Solutions Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning, Infrastructure Management), 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 |
|---|---|---|---|---|---|---|
| Soffit Infrastructure Services Private Limited | ₹15.34 Cr (FY 2025) | 21.0% | Athani, Kerala, India | |||
| Xmplar Management Solutions Private Limited | ₹15.33 Cr (FY 2025) | 14.0% | Bangalore, Karnataka, India | |||
| Sundaram Infotech Solutions Limitedthis company | ₹15.17 Cr (FY 2017) | -₹1.6 Cr | -10.5% | -6.0% | 82 | Chennai, Tamil Nadu, India |
| Qfix Infocomm Private Limited | ₹14.99 Cr (FY 2025) | 74.0% | Mumbai, Maharashtra, India | |||
| Opentrends Technologies Private Limited | ₹14.56 Cr (FY 2025) | 50.0% | Koratty, Kerala, India |
To see the full peer comparison of Sundaram Infotech Solutions Limited, buy the company report.
Auditor
Sundaram Infotech Solutions Limited is audited by BRAHMAYYA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRAHMAYYA & CO | FY 2017 | 000511S |
Shareholding
The shareholding of Sundaram Infotech Solutions Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sundaram Infotech Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2007 | 10076162 | State Bank of Travancore | ₹1 Cr | Satisfied |
To see the full charge records of Sundaram Infotech Solutions Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sundaram Infotech Solutions Limited has 8 court cases on record: 1 filed by Sundaram Infotech Solutions, 7 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 7 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by Kensoft Infotech Limited., M/S.Geeta Ramaseshan, D.Prabhu Mukunth Arunkumar,Uma Vidyapathi | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Kensoft Infotech Limited. | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against M/S Kensoft Infotech Ltd. | Disposed |
To see the full case history of Sundaram Infotech Solutions 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 Sundaram Infotech Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sundaram Infotech Solutions Limited has a workforce of 82 employees on its EPFO records as of Sep 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 82 |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Sundaram Infotech Solutions Limited, buy the company report.
GST
Sundaram Infotech Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sundaram Infotech Solutions Limited, buy the company report.
Recent activity
Sundaram Infotech Solutions Limited has 11 board changes on record since 2005: 5 appointments and 6 cessations. The latest: Sridharan Preetha ceased to be Additional Director on 30 Mar 2015.
5 earlier events are in the company report.
Frequently asked questions
Sundaram Infotech Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sundaram Infotech Solutions was a public limited company based in Chennai, Tamil Nadu, India. The company worked in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 19 July 2005 and is registered under CIN U72200TN2005PLC056969. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sundaram Infotech Solutions was incorporated on 19 July 2005. It is registered with the Registrar of Companies, Chennai.
Sundaram Infotech Solutions had 5 directors and KMP:
- Srinivas Acharya - Director
- Kasthurirangan Swaminathan - Director
- Tirunelveli Krishnan Sundararajan - Director
- Sridharan Preetha - Director
- Mahadevan Ramaswamy - Cfo
The CIN (Corporate Identification Number) of Sundaram Infotech Solutions is U72200TN2005PLC056969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sundaram Infotech Solutions is at No.21 Patullos Road, Chennai, Tamil Nadu, India – 600002.
Sundaram Infotech Solutions can be reached through the website sundaraminfotech.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Sundaram Infotech Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 11 July 2017. Year-wise statements from 2015 are in the company report.
No. Sundaram Infotech Solutions has 1 GST registration on record and it is cancelled or inactive.
Sundaram Infotech Solutions operated in the information technology industry, in the enterprise resource planning (erp) solutions segment.
The peers of Sundaram Infotech Solutions by revenue are Soffit Infrastructure Services Private Limited, Xmplar Management Solutions Private Limited, Qfix Infocomm Private Limited, Opentrends Technologies Private Limited, all in the Information Technology industry (Enterprise Resource Planning, Infrastructure Management), with the same principal business activity (computer programming, consultancy and related activities).
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