Sysmedac Technologies India Private Limited

Sysmedac Technologies India Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2015PTC101797 Incorporated 12 August 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2021
₹1.98 Cr
▼ 10% YoY
Net profit · FY 2021
₹91.25 Lakh
Net margin 46%
EBITDA · FY 2021
₹91.25 Lakh
EBITDA margin 46%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹32.5 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
14
Provident fund records
Directors on board
2
As per MCA filings

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

CIN U72900TN2015PTC101797
Registration Number 101797
Incorporation Date 12 August 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-08-0027635

Recognitions & Rankings of Sysmedac Technologies India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-08-0027635

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
  • Social Media
  • Apps
  • Registered Address
    Nsic – Software Technology Park B – 24 Guindy Industrial Estate Ekkaduthangal, Guindy, Chennai, Tamil Nadu, India – 600032
  • Industry
    Information Technology, IT Consulting & Support Services

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

Comprehensive company report
Sysmedac Technologies India 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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Brands

Sysmedac Technologies India operates one associated brand: groundIT. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Sysmedac Technologies India Private Limited reported revenue of ₹1.98 Cr (down 10% YoY) for FY 2021.

Revenue · FY 2021
₹1.98 Cr ▼ 10%
Net profit · FY 2021
₹91.25 Lakh margin 46%
EBITDA · FY 2021
₹91.25 Lakh margin 46%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 140%
5 years · compounded
▲ 122%
EBITDA CAGR growth
1 year
▲ 941%
3 years · compounded
▲ 83%
5 years · compounded
▲ 86%

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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹1.98 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹91.25 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹91.25 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin46%
Net Profit Margin46%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Saravanan KowsalapathyManaging Director12 Aug 201511 Years 2 MonthsCurrent
Saravanan ThangaduraiDirector30 Jul 20215 Years 2 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh46%-10.0%14Chennai, 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 categoryFY 2021FY 2020FY 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.

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.

Employee count
14
Active EPFO establishments
1
Employee growth
-6.67%

GST

Sysmedac Technologies India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAWCS1788A1Z4Tamil NaduActive01 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.

Ceased
Vannimuthu Pillai Subramania Pillai ceased to be Director.
AGM
Sysmedac Technologies India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Appointed
Saravanan Thangadurai was appointed as Director.
Filing
Sysmedac Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Ceased
Thangavel Suyambulingam ceased to be Director.
Ceased
Azhakesh Arumanalloor Kesava Pillai ceased to be Director.
Appointed
Azhakesh Arumanalloor Kesava Pillai was appointed as Director.
Ceased
Rengaraju Lalithambihai ceased to be Director.
Appointed
Rengaraju Lalithambihai was appointed as Director.
Appointed
Saravanan Kowsalapathy was appointed as Managing Director.
Appointed
Thangavel Suyambulingam was appointed as Director.
Appointed
Vannimuthu Pillai Subramania Pillai was appointed as Director.

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:

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.