Sify Technologies Limited

Leading ICT service provider in India, offering telecom, data center, cloud, and managed services to various sectors.

1995 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 27, 2024

Sify Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 183.33 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2,485.12 Cr
  • Satisfied Charges ₹ 1,362.98 Cr
  • Revenue Growth 1.25%
  • Profit Growth -43.28%
  • Ebitda -15.00%
  • Net Worth 1.96%
  • Total Assets 11.83%

About Sify Technologies

Sify Technologies Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 December 1995 and has a history of 29 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Sify Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 183.33 Cr.

The company currently has active open charges totaling ₹2,485.12 Cr. The company has closed loans amounting to ₹1,362.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sify Technologies Limited India are Jayaraman Meenakshi as COMPANY SECRETARY and Muthu Kumar as Cfo. Hanuman Tripuraneni, Arun Seth, Muthu Kumar, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200TN1995PLC050809

  • Company No.

    050809

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 1995

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Telecom

What products or services does Sify Technologies Limited offer?

Sify Technologies Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Application Development Service, Sales Support Services, Sales Consultancy, IT Solutions, Cloud Hosting Service, IT, Networking & Automation Solution, Online Education & Coaching Services, Online Education Consultancy Services.

Who are the key members and board of directors at Sify Technologies?

Executive Team (3)

NameDesignationAppointment DateStatus
Jayaraman Meenakshi Country flag representing In Company Secretary20-Jul-2023Current
Muthu Kumar Country flag representing In CFO01-Apr-2014Current
Vegesna Raju Country flag representing In Managing Director10-Nov-2005Current

Board Members (6)

NameDesignationAppointment DateStatus
Arun Seth Country flag representing In Director 22-Oct-2018Current
Hanuman Tripuraneni Country flag representing In Director 22-Feb-1996Current
Muthu Kumar Country flag representing In Whole-Time Director and Cfo 14-Nov-2022Current
Vegesna Saraswathi Country flag representing In Director 22-Jul-2015Current
Chandrasekaran Azariah Country flag representing In Director 25-Mar-2013Current
Bala Chodavarapu Country flag representing In Director 15-Jul-2005Current

Financial Performance of Sify Technologies.

Sify Technologies Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.25% increase. The company also saw a substantial fall in profitability, with a 43.28% decrease in profit. The company's net worth moved up by a moderate rise of 1.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1.25%
Revenue from Operations
-0.96%
Total Assets
11.83%
Profit or Loss
-43.28%
Net Worth
1.96%
EBITDA
-15.00%

What is the Ownership and Shareholding Structure of Sify Technologies?

In 2023, Sify Technologies had a promoter holding of 84.26% and a public holding of 15.74%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,485.12 Cr

Satisfied Charges

₹1,362.98 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1369.00 Cr
  • Others : 450.00 Cr
  • Hdfc Bank Limited : 276.52 Cr
  • Axis Bank Limited : 174.00 Cr
  • Yes Bank Limited : 140.00 Cr
  • Others : 75.60 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2024Others₹100.00 CrOpen
25 Apr 2023State Bank Of India₹283.00 CrOpen
28 Mar 2023Others₹150.00 CrOpen
27 Dec 2022Others₹100.00 CrOpen
28 Nov 2022Others₹50.00 CrOpen

How Many Employees Work at Sify Technologies?

Sify Technologies has a workforce of 1127 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sify Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sify Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sify Technologies

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100899775 was registered on 25 Mar 2024.

    25 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 140.00 Cr registered on 24 Nov 2022 with Charge ID 100667148 was modified on 10 Jan 2024.

    10 Jan 2024

  • Charges

    A charge with Others of Rs. 150.00 Cr registered on 28 Mar 2023 with Charge ID 100697852 was modified on 09 Nov 2023.

    09 Nov 2023

  • Annual General Meeting

    Sify Technologies Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

    25 Aug 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 283.00 Cr with Charge ID 100718944 was registered on 25 Apr 2023.

    25 Apr 2023

  • Balance Sheet

    Sify Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Sify Technologies Limited was incorporated on 12 Dec 1995.

  • The authorized share capital of Sify Technologies Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 183.33 Cr.

  • Currently 9 directors are associated with Sify Technologies Limited.

    • Hanuman Chowdary Tripuraneni
    • Arun Seth
    • Muthu Raju Paravasa Raju Vijay Kumar
    • Jayaraman Meenakshi
    • Muthu Raju Paravasa Raju Vijay Kumar
    • Vegesna Bala Saraswathi
    • Chandrasekaran Ebenezer Srinivasan Azariah
    • Vegesna Ananta Koti Raju
    • Bala Mouli Chodavarapu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sify Technologies Limited is Tidel Park 2Nd FloorNo.4 Canal Bank Road, Taramani, Chennai-113., Tamil Nadu, India, 600113.

  • The corporate identification number (CIN) of Sify Technologies Limited is U72200TN1995PLC050809 and the company number is 050809 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sify Technologies Limited is https://www.sifytechnologies.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sify Technologies Limited has risen by 1.25%.

  • As Per 2023 financial reports, 1127 employees are currently employed by Sify Technologies Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sify Technologies Limited has experienced an upsurge of 1.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sify Technologies Limited amount to ₹ 2,485.12 Cr.

  • The most recent Balance Sheet for Sify Technologies Limited was filed with the ROC on 31 Mar 2023.

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