
About Approlabs Private Limited
Data last updated:
Approlabs Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC138556.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹20,000. It is led by directors Sivarajan Vishnu Prasad and Varatharajan Aishwarya.
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 Ground Floor No. 692B 7th Cross Street Ram Nagar (South) Madipakkam, Chennai, Tamil Nadu, India – 600091.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.27 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹16.42 Lakh (net margin -18.4%) and EBITDA of -₹15.76 Lakh (EBITDA margin -17.7%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ApproLabs.
Approlabs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0161938). For more details, the company can be reached via its website approlabs.com.
Company details
Recognitions & Rankings of Approlabs
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0161938
Contact details
Approlabs Private Limited's registered office is in Chennai, Tamil Nadu.
- Social Media
- Registered AddressGround Floor No. 692B 7th Cross Street Ram Nagar (South) Madipakkam, 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
Brands
Approlabs operates one associated brand: ApproLabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI and ML solutions along with app development for startups and enterprises. | approlabs.com |
Business activity
The main business activity of Approlabs is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Approlabs Private Limited, buy the company report.
Financials of Approlabs Private Limited
FY 2025 filings availableApprolabs Private Limited reported revenue of ₹89.27 Lakh (up 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 74% over three years, including 53% growth in the latest year. EBITDA rose 74% 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
| Metrics | 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 | -₹15.76 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16.42 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17.7% | |||
| Net Profit Margin | -18.4% | |||
| 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 | ||||
To see the full financial statements and ratios of Approlabs Private Limited, buy the company report.
Board of directors of Approlabs Private Limited
Approlabs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivarajan Vishnu Prasad Also directs: Totsyra Technology Private Limited | Director | 10 Oct 2020 | 6 Years 0 Months | Current |
| Varatharajan Aishwarya | Director | 28 Nov 2025 | 0 Years 10 Months | Current |
Peer comparison
Approlabs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cosmo Synergy Cloud Technologies Private Limited | ₹89.75 Lakh (FY 2025) | 14.0% | Hyderabad, Telangana, India | |||
| Netventure Digital Solutions Private Limited | ₹89.7 Lakh (FY 2025) | -50.0% | Ernakulam, Kerala, India | |||
| Zyen Health Informatics Private Limited | ₹89.67 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Saarth Infosec Private Limited | ₹89.4 Lakh (FY 2024) | 184.0% | Pune, Maharashtra, India | |||
| Absird Financial Technologies Private Limited | ₹89.38 Lakh (FY 2024) | 715.0% | Bangalore, Karnataka, India | |||
| Approlabs Private Limitedthis company | ₹89.27 Lakh (FY 2024) | -₹16.42 Lakh | -18.4% | 53.0% | Chennai, Tamil Nadu, India | |
| Arrowebs Solutions Private Limited | ₹89.21 Lakh (FY 2025) | 46.0% | Udaipur, Rajasthan, India | |||
| Leadmonk Digital Private Limited | ₹89.19 Lakh (FY 2024) | -4.0% | Bodakdev, Gujarat, India | |||
| Avantika Innovations Private Limited | ₹89.05 Lakh (FY 2024) | -55.0% | Guwahati, Assam, India | |||
| Avenir BPM Private Limited | ₹88.95 Lakh (FY 2016) | 189.0% | Ahmedabad, Gujarat, India | |||
| RNR Datalex Private Limited | ₹88.63 Lakh (FY 2024) | 4.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Approlabs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Approlabs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Approlabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Approlabs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Approlabs Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Varatharajan Aishwarya was appointed as Director on 28 Nov 2025.
Frequently asked questions
Approlabs 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 10 October 2020 (6+ years old) and is registered under CIN U72900TN2020PTC138556.
Approlabs has 2 current directors:
- Sivarajan Vishnu Prasad - Director
- Varatharajan Aishwarya - Director
The latest financial statements of Approlabs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Approlabs is U72900TN2020PTC138556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Approlabs was incorporated on 10 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Approlabs by revenue are Cosmo Synergy Cloud Technologies Private Limited, Netventure Digital Solutions Private Limited, Zyen Health Informatics Private Limited, Saarth Infosec Private Limited, Absird Financial Technologies Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Varatharajan Aishwarya was appointed as Director on 28 Nov 2025. Sathiyanarayanan Sunil Sandeep was appointed as Managing Director on 10 Oct 2020. Sivarajan Vishnu Prasad was appointed as Director on 10 Oct 2020.
Yes, Approlabs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Approlabs is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0161938).
Approlabs can be reached through the website approlabs.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Approlabs is at Ground Floor No. 692B 7th Cross Street Ram Nagar South Madipakkam, Chennai, Tamil Nadu, India – 600091.