About Tecsys Solutions Private Limited
Data last updated:
Tecsys Solutions Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC188962. Its GSTIN is 27AADCT0798A1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shashank Suresh Wagh and Neha Shashank Wagh.
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 3 D Phoenix Apartment Near Fravashy Academy Trimbak Road, Nashik, Maharashtra, India – 422002.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.53 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹38.74 Lakh (net margin -58.2%) and EBITDA of -₹12.75 Lakh (EBITDA margin -19.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 15% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Reportstool and Windows Tecsupport. As per MCA filings, the company has open charges of ₹1.04 Cr and satisfied charges of ₹1.54 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 tecsys.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3 D Phoenix Apartment Near Fravashy Academy Trimbak Road, Nashik, Maharashtra, India – 422002
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Tecsys Solutions Private Limited
The main business activity of Tecsys Solutions 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 Tecsys Solutions Private Limited FY 2025 filings available
Tecsys Solutions Private Limited reported revenue of ₹66.53 Lakh (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tecsys Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 71% fall in the latest year. EBITDA fell 142% 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 Tecsys Solutions 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 | -₹12.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38.74 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 Tecsys Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -58.2% | •••• | •••• | •••• | •••• |
| 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 Tecsys Solutions 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 Tecsys Solutions Private Limited
Tecsys Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zoc Technologies Private Limited | ₹66.8 Lakh (FY 2023) | •••• | •••• | -37.0% | •••• | Navi Mumbai, Maharashtra, India |
| Think-U IT Solutions Private Limited | ₹66.76 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Kraff Software Private Limited | ₹66.76 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Ahmedabad, Gujarat, India |
| Signisys Consultancy Services Private Limited | ₹66.73 Lakh (FY 2025) | •••• | •••• | 1348.0% | •••• | Noida, Uttar Pradesh, India |
| Advsys Technical Services Private Limited | ₹66.58 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Tecsys Solutions Private Limited this company | ₹66.53 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Nashik, Maharashtra, India |
| Netmine Mobile Innovations Private Limited | ₹66.39 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Ecstatic Infotel Private Limited | ₹66.27 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Patna, Bihar, India |
| Linqone Networks Private Limited | ₹66.26 Lakh (FY 2022) | •••• | •••• | 12.0% | •••• | Madurai, Tamil Nadu, India |
| Sonamtech Buildcon Private Limited | ₹66.26 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Bhagalpur, Bihar, India |
| Srenik IT Solutions (OPC) Private Limited | ₹66.13 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Aler, Telangana, India |
Peers are the five companies nearest above and the five nearest below Tecsys Solutions by revenue in the Information Technology industry (IT Consulting and Services), 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 Tecsys Solutions Private Limited
Tecsys Solutions Private Limited is audited by M M Pandit and Company for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M M Pandit and Company | 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 Tecsys Solutions Private Limited
Tecsys Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Suresh Wagh | Director | 16 Dec 2008 | 17 Years 9 Months | Current |
| Neha Shashank Wagh | Director | 29 Dec 2020 | 5 Years 9 Months | Current |
Ownership and Shareholding of Tecsys Solutions 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 Tecsys Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2019 | Others | ₹1.04 Cr | Open |
| 30 Mar 2021 | Hdfc Bank Limited | ₹19.67 Lakh | Satisfied |
| 19 Aug 2019 | Hdfc Bank Limited | ₹26.31 Lakh | Satisfied |
| 29 Apr 2014 | Hdfc Bank Limited | ₹1.08 Cr | Satisfied |
Total charge records: 4 View all charges
MSME Payment Delays by Tecsys Solutions Private Limited
Tecsys Solutions Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Web Werks India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 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.
Associated Brands with Tecsys Solutions Private Limited
Tecsys Solutions operates two associated brands: Reportstool and Windows Tecsupport. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software for generating business reports with dashboards and data organization features. | reportstool.com | |
| Delivers server management and technical support services to businesses. | windowstecsupport.com |
Employees and EPFO Compliance at Tecsys Solutions Private Limited
Tecsys Solutions Private Limited has a workforce of 13 employees as of Apr 02, 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 Tecsys Solutions Private Limited
Tecsys Solutions Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Neha Shashank Wagh ceased to be Additional Director on 30 Nov 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tecsys Solutions 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 Tecsys Solutions 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 Tecsys Solutions Private Limited
Tecsys Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT0798A1ZF | Maharashtra | 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 Tecsys Solutions 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 Tecsys Solutions Private Limited
Tecsys Solutions is an active private limited company based in Nashik, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 December 2008 (18+ years old) and is registered under CIN U72900MH2008PTC188962.
Tecsys Solutions reported revenue of ₹66.53 Lakh for FY 2025 (down 71% YoY).
Tecsys Solutions has 2 current directors:
- Shashank Suresh Wagh - Director
- Neha Shashank Wagh - Director
Tecsys Solutions reported a net loss of ₹38.74 Lakh (net margin -58.2%) and EBITDA of -₹12.75 Lakh (EBITDA margin -19.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tecsys Solutions is -15% over three years and -15% over five years. In the latest year (FY 2025) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tecsys Solutions is 27AADCT0798A1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tecsys Solutions is U72900MH2008PTC188962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tecsys Solutions was incorporated on 16 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tecsys Solutions by revenue are Zoc Technologies Private Limited, Think-U IT Solutions Private Limited, Kraff Software Private Limited, Signisys Consultancy Services Private Limited, Advsys Technical Services Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Neha Shashank Wagh ceased to be Additional Director on 30 Nov 2021. Neha Shashank Wagh was appointed as Director on 29 Dec 2020. Sunita Suresh Wagh ceased to be Director on 29 Dec 2020. Tecsys Solutions has 4 board changes on record in total.
Tecsys Solutions has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 May 2019.
Tecsys Solutions can be reached through the website tecsys.in. Its registered office is in Nashik, Maharashtra, India.