MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0013030
Systech Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.71 Cr
▼ 5% YoY
Net loss · FY 2024
₹1.38 Cr
Net margin -3.3%
EBITDA · FY 2024
-₹99.78 Lakh
EBITDA margin -2.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹84.9 Lakh
Issued & subscribed
Satisfied charges
₹6.06 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
361
Provident fund records
About Systech Solutions Private Limited
Data last updated:
Systech Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Systech Solution Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN1995PTC033880. Its GSTIN is 33AAACO1054B1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹84.9 Lakh. It was formerly known as Open Business Solutions India Private Limited. It is led by directors including Srinivasan Ramaswamy (Managing Director) and Arun S Gollapudi (Managing Director).
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 Temple Steps Block 3 6th Floor 184 – 187 Anna Salai Saidapet, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.71 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.38 Cr (net margin -3.3%) and EBITDA of -₹99.78 Lakh (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 361 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: SYSTECH Solutions Sri Lanka and Systech. As per MCA filings, the company has satisfied charges of ₹6.06 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Systech Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0013030). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website systechusa.com.
Company details
CIN U72300TN1995PTC033880
Registration Number 033880
Incorporation Date 15 December 1995
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Systech Solution Inc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0013030
Key People
Srinivasan Ramaswamy Managing Director Arun S Gollapudi Managing Director Suresh Babu Perumal Director Recognitions & Rankings of Systech Solutions
Contact details
Systech Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is systechusa.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressTemple Steps Block 3 6th Floor 184 – 187 Anna Salai Saidapet, Chennai, Tamil Nadu, India – 600015
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Systech Solutions Private Limited, buy the company report.
Comprehensive company report
Systech Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Systech Solutions operates two associated brands: SYSTECH Solutions Sri Lanka and Systech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT solutions, networking, security, business, advertising, and event planning services. | systech.lk | |
| Digital transformation services are provided by Systech to businesses. | systechusa.com |
Business activity
The main business activity of Systech 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 Systech Solutions Private Limited, buy the company report.
Financials of Systech Solutions Private Limited
FY 2025 filings availableSystech Solutions Private Limited reported revenue of ₹41.71 Cr (down 5% YoY) for FY 2024.
Revenue · FY 2024
₹41.71 Cr ▼ 5%
Net loss · FY 2024
₹1.38 Cr margin -3.3%
EBITDA · FY 2024
-₹99.78 Lakh margin -2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 17%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 57%
5 years · compounded
▼ 19%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 63% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹99.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.38 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | ||||
| Net Profit Margin | -3.3% | ||||
| 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 Systech Solutions Private Limited, buy the company report.
Board of directors of Systech Solutions Private Limited
Systech Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Ramaswamy Also directs: Terraspace Eservices Private Limited | Managing Director | 14 Feb 2003 | 23 Years 8 Months | Current |
| Arun S Gollapudi Also directs: Terraspace Eservices Private Limited | Managing Director | 14 Feb 2003 | 23 Years 8 Months | Current |
| Suresh Babu Perumal | Director | 17 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Systech Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), 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 |
|---|---|---|---|---|---|---|
| Precision Techserve Private Limited | ₹42.21 Cr (FY 2024) | 26.0% | Chennai, Tamil Nadu, India | |||
| Stellium Consulting India Private Limited | ₹42.06 Cr (FY 2024) | 40.0% | Bangalore, Karnataka, India | |||
| Gujarat Infotech Limited | ₹41.84 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Systech Solutions Private Limitedthis company | ₹41.71 Cr (FY 2024) | -₹1.38 Cr | -3.3% | -5.0% | 361 | Chennai, Tamil Nadu, India |
| Mindarray Systems Limited | ₹41 Cr (FY 2024) | 58.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Systech Solutions Private Limited, buy the company report.
Auditor
Systech Solutions Private Limited is audited by PRASAD & SRINATH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD & SRINATH | FY 2023 | 005826S |
Shareholding
The shareholding of Systech Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Systech Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹6.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2008 | 10102603 | Hdfc Bank Limited | ₹3 Cr | Satisfied | |
| 31 Dec 2007 | 10089332 | Hdfc Bank Limited | ₹3 Cr | Satisfied | |
| 13 Dec 2005 | 90287083 | Icici Bank Limited | ₹6 Lakh | Satisfied |
To see the full charge records of Systech Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Systech Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bharati Airtel Limited | Disposed |
To see the full case history of Systech Solutions Private 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 Systech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Systech Solutions Private Limited has a workforce of 361 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
361
Active EPFO establishments
1
Employee growth
-15.06%
GST
Systech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACO1054B1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Systech Solutions Private Limited, buy the company report.
Recent activity
Systech Solutions Private Limited has 9 board changes on record since 2003: 6 appointments and 3 cessations. The latest: Sivakasi Parthasarathy ceased to be Whole-Time Director on 17 Jul 2019.
AGM
Systech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Systech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Sivakasi Parthasarathy ceased to be Whole-Time Director.
Appointed
Suresh Babu Perumal was appointed as Director.
Ceased
Badrinarayana Ranganayakulu ceased to be Director.
Appointed
Sivakasi Parthasarathy was appointed as Whole-Time Director.
Ceased
Sudha Gopal ceased to be Managing Director.
Charges
A charge registered on 13 Mar 2008 via Charge ID 10102603 with Hdfc Bank Limited was fully satisfied on 10 Nov 2010.
Charges
A charge registered on 31 Dec 2007 via Charge ID 10089332 with Hdfc Bank Limited was fully satisfied on 10 Nov 2010.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10102603 was registered on 13 Mar 2008.
Charges
A charge registered on 13 Dec 2005 via Charge ID 90287083 with Icici Bank Limited was fully satisfied on 21 Jan 2008.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10089332 was registered on 31 Dec 2007.
6 earlier events are in the company report.
Frequently asked questions
Systech Solutions 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 15 December 1995 (31+ years old) and is registered under CIN U72300TN1995PTC033880.
Systech Solutions has 3 current directors:
- Srinivasan Ramaswamy - Managing Director
- Arun S Gollapudi - Managing Director
- Suresh Babu Perumal - Director
The latest financial statements of Systech Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Systech Solutions is 33AAACO1054B1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Systech Solutions is U72300TN1995PTC033880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Systech Solutions has 1 court case on record: 1 filed against it.
Systech Solutions was incorporated on 15 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Systech Solutions by revenue are Precision Techserve Private Limited, Stellium Consulting India Private Limited, Gujarat Infotech Limited, Mindarray Systems Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Sivakasi Parthasarathy ceased to be Whole-Time Director on 17 Jul 2019. Suresh Babu Perumal was appointed as Director on 17 Jul 2019. Badrinarayana Ranganayakulu ceased to be Director on 07 Feb 2017. Systech Solutions has 9 board changes on record in total.
Yes, Systech Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0013030).
Systech Solutions can be reached through the website systechusa.com. Its registered office is in Chennai, Tamil Nadu, India.