About Sysveda Information Technology Private Limited
Data last updated:
Sysveda Information Technology Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2002PTC049168. Its GSTIN is 33AAHCS4597C1ZA (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹96.01 Lakh. It is led by directors including Balamurugan Mahalingam and Sivanandam Illangovan.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 126 Estate Main Road Perungudi Industrial Estate Perungudi, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.49 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹4.35 Cr (net margin 11.9%) and EBITDA of ₹7.56 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 24% over five years.
The company has about 219 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹7.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sysveda.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address126 Estate Main Road Perungudi Industrial Estate Perungudi, Chennai, Tamil Nadu, India – 600096
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Sysveda Information Technology Private Limited
The main business activity of Sysveda Information Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Sysveda Information Technology Private Limited FY 2025 filings available
Sysveda Information Technology Private Limited reported revenue of ₹36.49 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sysveda Information Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 43% growth in the latest year. EBITDA rose 80% 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 Sysveda Information Technology 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 | ₹7.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.35 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 Sysveda Information Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.9% | •••• | •••• | •••• | •••• |
| 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 Sysveda Information Technology 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.
Peer Comparison of Sysveda Information Technology Private Limited
Sysveda Information Technology Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exzeo Software Private Limited | ₹36.86 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Noida, Uttar Pradesh, India |
| Wizni Software Private Limited | ₹36.83 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Delhi, India |
| Garda Tech Private Limited | ₹36.73 Cr (FY 2023) | •••• | •••• | 165.0% | •••• | Bangalore, Karnataka, India |
| Works Applications (India) Private Limited | ₹36.61 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Qed42 Engineering Private Limited | ₹36.53 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Sysveda Information Technology Private Limited this company | ₹36.49 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Chennai, Tamil Nadu, India |
| Reval India Private Limited | ₹36.42 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Ag Resources (India) Private Limited | ₹36.38 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Software Ag Chennai Development Center India Private Limited | ₹36.32 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Chennai, Tamil Nadu, India |
| Finova Technologies Private Limited | ₹36.31 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Gurgaon, Haryana, India |
| Destiny IT Services Private Limited | ₹36.26 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Sysveda Information Technology by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sysveda Information Technology Private Limited
Sysveda Information Technology Private Limited is audited by S.VISHNU & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.VISHNU & CO | 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 Sysveda Information Technology Private Limited
Sysveda Information Technology has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balamurugan Mahalingam Also directs: Smartline Enterprises Private Limited | Director | 26 Jun 2002 | 24 Years 3 Months | Current |
| Sivanandam Illangovan Also directs: Smartline Enterprises Private Limited | Director | 26 Jun 2002 | 24 Years 3 Months | Current |
| Balamurugan Manimozhi | Director | 26 Jun 2002 | 24 Years 3 Months | Current |
| Sudiksha Balamurugan | Director | 09 Sep 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Sysveda Information Technology 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 Sysveda Information Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2015 | Axis Bank Limited | ₹7.6 Cr | Satisfied |
Total charge records: 1 View all charges
MSME Payment Delays by Sysveda Information Technology Private Limited
Sysveda Information Technology Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 7 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A and G Facades Private Limited | •••• | •••• | •••• |
| Solartown Energy Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sysveda Information Technology Private Limited
Sysveda Information Technology Private Limited has a workforce of 219 employees as of Mar 31, 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.
Recent Activity on Sysveda Information Technology Private Limited
Sysveda Information Technology Private Limited has 4 board changes on record since 2002: 4 appointments. The latest: Sudiksha Balamurugan was appointed as Director on 09 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Sysveda Information Technology 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.
Subsidiaries & Group Companies of Sysveda Information Technology 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 Sysveda Information Technology Private Limited
Sysveda Information Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCS4597C1ZA | Tamil Nadu | 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 Sysveda Information Technology 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 Sysveda Information Technology Private Limited
Sysveda Information Technology is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 June 2002 (24+ years old) and is registered under CIN U72200TN2002PTC049168.
Sysveda Information Technology reported revenue of ₹36.49 Cr for FY 2025 (up 43% YoY).
Sysveda Information Technology has 4 current directors:
- Balamurugan Mahalingam - Director
- Sivanandam Illangovan - Director
- Balamurugan Manimozhi - Director
- Sudiksha Balamurugan - Director
Sysveda Information Technology reported a net profit of ₹4.35 Cr (net margin 11.9%) and EBITDA of ₹7.56 Cr (EBITDA margin 20.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sysveda Information Technology is 37% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sysveda Information Technology is 33AAHCS4597C1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sysveda Information Technology is U72200TN2002PTC049168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sysveda Information Technology was incorporated on 26 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sysveda Information Technology by revenue are Exzeo Software Private Limited, Wizni Software Private Limited, Garda Tech Private Limited, Works Applications (India) Private Limited, Qed42 Engineering Private Limited and 5 more, all in the Information Technology industry (Application Development).
Sudiksha Balamurugan was appointed as Director on 09 Sep 2025. Balamurugan Mahalingam was appointed as Director on 26 Jun 2002. Balamurugan Manimozhi was appointed as Director on 26 Jun 2002. Sysveda Information Technology has 4 board changes on record in total.
Sysveda Information Technology has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 7 overdue payments to 5 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Sysveda Information Technology can be reached through the website sysveda.co.in. Its registered office is in Chennai, Tamil Nadu, India.