About Choice Tech Lab Solutions Private Limited
Data last updated:
Choice Tech Lab Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Choice Equity Broking Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC286302. Its GSTIN is 27AAGCC6898P1ZL (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yogesh Shrinivas Jadhav and Arun Kumar Poddar.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.11 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.4 Cr (net margin -5.6%) and EBITDA of -₹95.67 Lakh (EBITDA margin -3.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 23% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Choice Techlab.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choicetechlab.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099
- 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 Choice Tech Lab Solutions Private Limited
The main business activity of Choice Tech Lab 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 Choice Tech Lab Solutions Private Limited FY 2025 filings available
Choice Tech Lab Solutions Private Limited reported revenue of ₹25.11 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Choice Tech Lab Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 22% growth in the latest year. EBITDA fell 225% 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 Choice Tech Lab 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 | -₹95.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.4 Cr | •••• | •••• | •••• | •••• |
| 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 Choice Tech Lab Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.6% | •••• | •••• | •••• | •••• |
| 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 Choice Tech Lab Solutions 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 Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rythmos India Private Limited | ₹25.19 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Paradigm IT Private Limited | ₹25.19 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Kochi, Kerala, India |
| Hotfoot Technology Solutions Private Limited | ₹25.15 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kanchipuram, Tamil Nadu, India |
| Netweb Software Private Limited | ₹25.14 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Vadodara, Gujarat, India |
| I-Ray IT Solutions Private Limited | ₹25.12 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Choice Tech Lab Solutions Private Limited this company | ₹25.11 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Fuel Trans India Private Limited | ₹25.09 Cr (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Cxwai Tech India Private Limited | ₹25.08 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Exathought Technology Consulting Private Limited | ₹25.07 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Yelahanka, Bengaluru, Karnataka, India |
| Artha Data Solutions India Private Limited | ₹25.06 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
| Mercurius Info Tech (India) Private Limited | ₹25.04 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Choice Tech Lab Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions Private Limited is audited by ASBS & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASBS & Co | 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 Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Shrinivas Jadhav | Director | 27 Sep 2016 | 10 Years 0 Months | Current |
| Arun Kumar Poddar Also directs: Choice Strategic Advisors LLP, Choice International Limited, Choice Consultancy Services Private Limited and 5 more | Director | 22 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Choice Tech Lab 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 Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions operates one associated brand: Choice Techlab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive IT services including support, maintenance, and security. | choicetechlab.com |
Employees and EPFO Compliance at Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions Private Limited has a workforce of 101 employees as of Mar 27, 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 Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Arun Kumar Poddar ceased to be Additional Director on 30 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Choice Tech Lab 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.
MSME Payment Delays by Choice Tech Lab Solutions 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 Choice Tech Lab 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 Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC6898P1ZL | Maharashtra | Active | 01 Jul 2017 |
| 23AAGCC6898P1ZT | Madhya Pradesh | Active | 10 Aug 2021 |
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 Choice Tech Lab 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 Choice Tech Lab Solutions Private Limited
Choice Tech Lab Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 September 2016 (10+ years old) and is registered under CIN U74999MH2016PTC286302.
Choice Tech Lab Solutions reported revenue of ₹25.11 Cr for FY 2025 (up 22% YoY).
Choice Tech Lab Solutions has 2 current directors:
- Yogesh Shrinivas Jadhav - Director
- Arun Kumar Poddar - Director
Choice Tech Lab Solutions reported a net loss of ₹1.4 Cr (net margin -5.6%) and EBITDA of -₹95.67 Lakh (EBITDA margin -3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Choice Tech Lab Solutions is 35% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Choice Tech Lab Solutions is 27AAGCC6898P1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAGCC6898P1ZT (Madhya Pradesh).
The CIN (Corporate Identification Number) of Choice Tech Lab Solutions is U74999MH2016PTC286302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choice Tech Lab Solutions was incorporated on 27 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Choice Tech Lab Solutions by revenue are Rythmos India Private Limited, Paradigm IT Private Limited, Hotfoot Technology Solutions Private Limited, Netweb Software Private Limited, I-Ray IT Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Arun Kumar Poddar ceased to be Additional Director on 30 Sep 2021. Arun Kumar Poddar was appointed as Director on 22 Mar 2021. Chaitali Yogesh Jadhav was appointed as Director on 01 Dec 2017. Choice Tech Lab Solutions has 5 board changes on record in total.
Choice Tech Lab Solutions can be reached through the website choicetechlab.com. Its registered office is in Mumbai, Maharashtra, India.