Techwyse IT Solutions Private Limited

Techwyse IT Solutions Private Limited - information technology in Ernakulam, Kerala, India. FY 2026 financials & compliance.
CIN U72901KL2006PTC019324 Incorporated 28 March 2006 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹6.18 Cr
▲ 5% YoY
Net profit · FY 2024
₹11.89 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹95.02 Lakh
EBITDA margin 15.4%
Authorised capital
₹2.5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
74
Provident fund records

About Techwyse IT Solutions Private Limited

Data last updated:

Techwyse IT Solutions Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 28 March 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72901KL2006PTC019324. Its GSTIN is 32AACCT4229R2ZZ (Kerala). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ekkala Poyil Ambili and Prasanth Moorchilot.

Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ernakulam, Kerala.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.18 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹11.89 Lakh (net margin 1.9%) and EBITDA of ₹95.02 Lakh (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.

The company has about 74 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1 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 techwyseintl.com.

Company Details of Techwyse IT Solutions Private Limited
CIN U72901KL2006PTC019324
Registration Number 019324
Incorporation Date 28 March 2006
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Door No.63/2585 – B, Karithala Road Manorama Jn, Ernakulam, Kerala, India – 682036
  • Industry
    Information Technology, Web Design & Maintenance Services
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Financials, compliance, directors, charges, ownership and filings for Techwyse IT Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Techwyse IT Solutions Private Limited

The main business activity of Techwyse IT Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ7Data processing, hosting and related activities; web portalLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Techwyse IT Solutions Private Limited FY 2024 filings available

Techwyse IT Solutions Private Limited reported revenue of ₹6.18 Cr (up 5% YoY) for FY 2024.

Revenue · FY 2024
₹6.18 Cr ▲ 5%
Net profit · FY 2024
₹11.89 Lakh margin 1.9%
EBITDA · FY 2024
₹95.02 Lakh margin 15.4%

Compounded Annual Growth Rate (CAGR) of Techwyse IT Solutions Private Limited

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 13%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 62%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 5% growth in the latest year. EBITDA fell 7% 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 Techwyse IT Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹95.02 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹11.89 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 of Techwyse IT Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15.4%••••••••••••••••
Net Profit Margin1.9%••••••••••••••••
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 Techwyse IT Solutions are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Techwyse IT Solutions Private Limited

Techwyse IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Iipa Consulting Private Limited₹6.26 Cr (FY 2025)••••••••-26.0%••••Pune, Maharashtra, India
Webcontxt India Private Limited₹6.24 Cr (FY 2024)••••••••15.0%••••Jaipur, Rajasthan, India
Sellergize Web Technology Services Private Limited₹6.22 Cr (FY 2024)••••••••76.0%••••Thane, Maharashtra, India
Brilworks Technology Private Limited₹6.21 Cr (FY 2024)••••••••-35.0%••••Ahmedabad, Gujarat, India
S and V Coding Private Limited₹6.19 Cr (FY 2024)••••••••43.0%••••Delhi, India
Techwyse IT Solutions Private Limited this company₹6.18 Cr (FY 2024)••••••••5.0%••••Ernakulam, Kerala, India
Webcastle Media Private Limited₹6.1 Cr (FY 2025)••••••••10.0%••••Ernakulam, Kerala, India
Click Tech Digital India Private Limited₹6.07 Cr (FY 2019)••••••••-42.0%••••Gurgaon, Haryana, India
Worxwide Consulting Private Limited₹6.05 Cr (FY 2025)••••••••17.0%••••Gurgaon, Haryana, India
Varologic Technologies Private Limited₹6.04 Cr (FY 2024)••••••••27.0%••••Ahmedabad, Gujarat, India
Unico Technologies Private Limited₹6.04 Cr (FY 2025)••••••••9.0%••••Faridabad, Haryana, India

Peers are the five companies nearest above and the five nearest below Techwyse IT Solutions by revenue in the Information Technology industry (Website Design and Maintenance), 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 Techwyse IT Solutions Private Limited

Techwyse IT Solutions Private Limited is audited by KANNAN AND KASSIM for the financial year 2023.

NameStatusAppointment DateCessation Date
KANNAN AND KASSIMLockedLockedLocked
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Board of Directors of Techwyse IT Solutions Private Limited

Techwyse IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ekkala Poyil AmbiliDirector30 Sep 201610 Years 0 MonthsCurrent
Prasanth MoorchilotDirector28 Mar 200620 Years 6 MonthsCurrent

Ownership and Shareholding of Techwyse IT Solutions Private Limited

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Charges & Borrowings of Techwyse IT Solutions Private Limited

Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.00 Cr
Latest charge details
DateLenderAmountStatus
18 Oct 2024Others₹1 CrOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Techwyse IT Solutions Private Limited

Techwyse IT Solutions Private Limited has a workforce of 74 employees as of Mar 23, 2024.

Employee count
74
Active EPFO establishments
1
Employee growth
-2.63%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Techwyse IT Solutions Private Limited

Techwyse IT Solutions Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Ekkala Poyil Ambili ceased to be Additional Director on 28 Sep 2017.

Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100999244 was registered on 18 Oct 2024.
AGM
Techwyse It Solutions Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Techwyse It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Ekkala Poyil Ambili ceased to be Additional Director.
Appointed
Ekkala Poyil Ambili was appointed as Director.
Ceased
Jayasankar Moorchilot ceased to be Director.
Appointed
Prasanth Moorchilot was appointed as Director.
Incorporation
28 Mar 2006
Techwyse It Solutions Private Limited was registered on 28 Mar 2006 with Roc Ernakulam & aged 20 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Techwyse IT Solutions Private Limited

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MSME Payment Delays by Techwyse IT Solutions Private Limited

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Subsidiaries & Group Companies of Techwyse IT Solutions Private Limited

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GST Compliance of Techwyse IT Solutions Private Limited

Techwyse IT Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
32AACCT4229R2ZZKeralaActive01 Nov 2017
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GST registrations and filing compliance

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MCA Filings & Documents of Techwyse IT Solutions Private Limited

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Frequently Asked Questions about Techwyse IT Solutions Private Limited

Techwyse IT Solutions is an active private limited company based in Ernakulam, Kerala, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 28 March 2006 (20+ years old) and is registered under CIN U72901KL2006PTC019324.

Techwyse IT Solutions reported revenue of ₹6.18 Cr for FY 2024 (up 5% YoY).

Techwyse IT Solutions has 2 current directors:

Techwyse IT Solutions reported a net profit of ₹11.89 Lakh (net margin 1.9%) and EBITDA of ₹95.02 Lakh (EBITDA margin 15.4%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Techwyse IT Solutions is 13% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Techwyse IT Solutions is 32AACCT4229R2ZZ, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Techwyse IT Solutions is U72901KL2006PTC019324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Techwyse IT Solutions was incorporated on 28 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Techwyse IT Solutions by revenue are Iipa Consulting Private Limited, Webcontxt India Private Limited, Sellergize Web Technology Services Private Limited, Brilworks Technology Private Limited, S and V Coding Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).

Ekkala Poyil Ambili ceased to be Additional Director on 28 Sep 2017. Ekkala Poyil Ambili was appointed as Director on 30 Sep 2016. Jayasankar Moorchilot ceased to be Director on 30 Sep 2016. Techwyse IT Solutions has 4 board changes on record in total.

Techwyse IT Solutions can be reached through the website techwyseintl.com. Its registered office is in Ernakulam, Kerala, India.

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