About Throwbill Systems Private Limited
Data last updated:
Throwbill Systems 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 20 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2016PTC112594.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Sethuraman Gopinath and Rajendran Pandian.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4/8 Giri Street Ullagaram, Chennai, Tamil Nadu, India – 600091.
As per the financials filed for FY 2025, the company reported a revenue of ₹13,473, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹30,223 (net margin -224.3%) and EBITDA of -₹30,223 (EBITDA margin -224.3%). Revenue has grown at a compounded annual rate (CAGR) of 475% over three years and 18% over five years.
The company is associated with 1 brand: ThrowBill.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website throwbill.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4/8 Giri Street Ullagaram, Chennai, Tamil Nadu, India – 600091
- 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 Throwbill Systems Private Limited
The main business activity of Throwbill Systems is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Throwbill Systems Private Limited FY 2025 filings available
Throwbill Systems Private Limited reported revenue of ₹13,473 (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Throwbill Systems Private Limited
Revenue fell 99% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 106% 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 Throwbill Systems 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 | -₹30,223 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹30,223 | •••• | •••• | •••• | •••• |
| 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 Throwbill Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -224.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -224.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Throwbill Systems are in the company report.
Financial statements from FY 2017
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 Throwbill Systems Private Limited
Throwbill Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other support services to organizations). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gharat's News Platforms Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Anuom Consultants Private Limited | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| A P Softech Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Meticulous Academy of Xcellence Private Limited | •••• | •••• | •••• | •••• | - | Egmore Nungambakkam, Tamil Nadu, India |
| Printwave Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai-32, Tamil Nadu, India |
| Throwbill Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| True Checks Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Xharvoc Information Technology Private Limited | •••• | •••• | •••• | •••• | - | Newdelhi, Delhi, India |
| Dos Interactive Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Workbeats Solutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Telson Estate Developers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Throwbill Systems by revenue in the same principal business activity (Other support services to organizations), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Throwbill Systems Private Limited
Throwbill Systems Private Limited is audited by KGS & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KGS & ASSOCIATES | 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 Throwbill Systems Private Limited
Throwbill Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sethuraman Gopinath | Director | 20 Sep 2016 | 10 Years 0 Months | Current |
| Rajendran Pandian Also directs: Paragon Dynamics Info Systems Private Limited | Director | 20 Sep 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of Throwbill Systems 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 Throwbill Systems Private Limited
Throwbill Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Throwbill Systems Private Limited
Throwbill Systems operates one associated brand: ThrowBill. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a cloud-based billing solution for businesses. | throwbill.com |
Employees and EPFO Compliance at Throwbill Systems Private Limited
Employment history and EPFO contributions of people linked to Throwbill Systems.
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 Throwbill Systems Private Limited
Throwbill Systems Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Rajendran Pandian was appointed as Director on 20 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Throwbill Systems 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.
MSME Payment Delays by Throwbill Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Throwbill Systems 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 Throwbill Systems Private Limited
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 Throwbill Systems 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 Throwbill Systems Private Limited
Throwbill Systems 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 20 September 2016 (10+ years old) and is registered under CIN U72900TN2016PTC112594.
Throwbill Systems reported revenue of ₹13,473 for FY 2025 (down 99% YoY).
Throwbill Systems has 2 current directors:
- Sethuraman Gopinath - Director
- Rajendran Pandian - Director
Throwbill Systems reported a net loss of ₹30,223 (net margin -224.3%) and EBITDA of -₹30,223 (EBITDA margin -224.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Throwbill Systems is 475% over three years and 18% over five years. In the latest year (FY 2025) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Throwbill Systems is U72900TN2016PTC112594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Throwbill Systems was incorporated on 20 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Throwbill Systems by revenue are Gharat's News Platforms Private Limited, Anuom Consultants Private Limited, A P Softech Private Limited, Meticulous Academy of Xcellence Private Limited, Printwave Services Private Limited and 5 more, all in the same principal business activity (Other support services to organizations).
Rajendran Pandian was appointed as Director on 20 Sep 2016. Sethuraman Gopinath was appointed as Director on 20 Sep 2016.
Throwbill Systems can be reached through the website throwbill.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Throwbill Systems is at 48 Giri Street Ullagaram, Chennai, Tamil Nadu, India – 600091.