- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-08-0027635

About Sysmedac Technologies India Private Limited
Data last updated:
Sysmedac Technologies India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC101797. Its GSTIN is 33AAWCS1788A1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.5 Lakh. It is led by directors Saravanan Kowsalapathy (Managing Director) and Saravanan Thangadurai.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Software Technology Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.98 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹91.25 Lakh (net margin 46%) and EBITDA of ₹91.25 Lakh (EBITDA margin 46%). Revenue has grown at a compounded annual rate (CAGR) of 140% over three years and 122% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: groundIT.
Sysmedac Technologies India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0027635). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sysmedac.com.
Company details
Recognitions & Rankings of Sysmedac Technologies India
Contact details
Sysmedac Technologies India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is sysmedac.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressNsic – Software Technology Park B – 24 Guindy Industrial Estate Ekkaduthangal, Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sysmedac Technologies India Private 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
Brands
Sysmedac Technologies India operates one associated brand: groundIT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides GPS-based software for tracking and managing field forces. | mygroundit.com |
Business activity
The main business activity of Sysmedac Technologies India 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 Sysmedac Technologies India Private Limited, buy the company report.
Financials of Sysmedac Technologies India Private Limited
FY 2021 filings availableSysmedac Technologies India Private Limited reported revenue of ₹1.98 Cr (down 10% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 122%. EBITDA rose 941% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.98 Cr | ||||
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| EBITDA | ₹91.25 Lakh | ||||
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| Net Profit (PAT) | ₹91.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 46% | ||||
| Net Profit Margin | 46% | ||||
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To see the full financial statements and ratios of Sysmedac Technologies India Private Limited, buy the company report.
Board of directors of Sysmedac Technologies India Private Limited
Sysmedac Technologies India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravanan Kowsalapathy Also directs: Emplotec Solutions Private Limited | Managing Director | 12 Aug 2015 | 11 Years 2 Months | Current |
| Saravanan Thangadurai Also directs: Verifyon Platforms Private Limited | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
Peer comparison
Sysmedac Technologies India Private Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Le Logix Software Private Limited | ₹1.98 Cr (FY 2019) | -24.0% | Noida, Uttar Pradesh, India | |||
| Ulis Technology Private Limited | ₹1.98 Cr (FY 2024) | -65.0% | Nagpur, Maharashtra, India | |||
| Code Rumble Private Limited | ₹1.98 Cr (FY 2025) | -26.0% | Ludhiana, Punjab, India | |||
| Justbinary Private Limited | ₹1.98 Cr (FY 2022) | 62.0% | Chennai, Tamil Nadu, India | |||
| Ivansys Technologies Private Limited | ₹1.98 Cr (FY 2024) | 32.0% | Tiruvallur, Tamil Nadu, India | |||
| Sysmedac Technologies India Private Limitedthis company | ₹1.98 Cr (FY 2021) | ₹91.25 Lakh | 46% | -10.0% | 14 | Chennai, Tamil Nadu, India |
| Virtina India Private Limited | ₹1.98 Cr (FY 2024) | 14.0% | Aluva, Kerala, India | |||
| D I Infotech Leaders Private Limited | ₹1.98 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Studio Brahma Private Limited | ₹1.98 Cr (FY 2024) | -12.0% | New Delhi, Delhi, India | |||
| MPM IT Solutions Private Limited | ₹1.98 Cr (FY 2025) | 1557.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Sysmedac Technologies India Private Limited, buy the company report.
Shareholding
The shareholding of Sysmedac Technologies India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sysmedac Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sysmedac Technologies India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sysmedac Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sysmedac Technologies India Private Limited has a workforce of 14 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sysmedac Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAWCS1788A1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sysmedac Technologies India Private Limited, buy the company report.
Recent activity
Sysmedac Technologies India Private Limited has 10 board changes on record since 2015: 6 appointments and 4 cessations. The latest: Vannimuthu Pillai Subramania Pillai ceased to be Director on 03 Mar 2022.
1 earlier event is in the company report.
Frequently asked questions
Sysmedac Technologies India 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 12 August 2015 (11+ years old) and is registered under CIN U72900TN2015PTC101797.
Sysmedac Technologies India has 2 current directors:
- Saravanan Kowsalapathy - Managing Director
- Saravanan Thangadurai - Director
The latest financial statements of Sysmedac Technologies India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Sysmedac Technologies India is 33AAWCS1788A1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sysmedac Technologies India is U72900TN2015PTC101797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sysmedac Technologies India was incorporated on 12 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sysmedac Technologies India by revenue are Le Logix Software Private Limited, Ulis Technology Private Limited, Code Rumble Private Limited, Justbinary Private Limited, Ivansys Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Vannimuthu Pillai Subramania Pillai ceased to be Director on 03 Mar 2022. Saravanan Thangadurai was appointed as Director on 30 Jul 2021. Thangavel Suyambulingam ceased to be Director on 18 Aug 2019. Sysmedac Technologies India has 10 board changes on record in total.
Yes, Sysmedac Technologies India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0027635).
Sysmedac Technologies India can be reached through the website sysmedac.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Sysmedac Technologies India is at Nsic – Software Technology Park B – 24 Guindy Industrial Estate Ekkaduthangal, Guindy, Chennai, Tamil Nadu, India – 600032.