MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0143374
Cyware Labs India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹73.32 Cr
▲ 4% YoY
Net profit · FY 2024
₹8.43 Cr
Net margin 11.5%
EBITDA · FY 2024
₹12.28 Cr
EBITDA margin 16.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.67 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
145
Provident fund records
Directors on board
2
As per MCA filings
About Cyware Labs India Private Limited
Data last updated:
Cyware Labs India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Cyware Labs Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC093029. Its GSTIN is 29AACCF8106D1ZU (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.67 Lakh. It was formerly known as Finest Minds Infotech Private Limited. It is led by directors Chhaya Jain and Akshat Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #762 2nd And 3rd Floor 19th Main Road Garden Layout Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.32 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹8.43 Cr (net margin 11.5%) and EBITDA of ₹12.28 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 53% over five years.
The company has about 145 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cyware. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2019. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 4 smaller; the largest is Toluna India Private Limited with revenue of ₹74.06 Cr.
Cyware Labs India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0143374). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cyware.com.
Company details
CIN U72900KA2016PTC093029
Registration Number 093029
Incorporation Date 09 May 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Cyware Labs Inc.
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0143374
Key People
Chhaya Jain Director Akshat Kumar Jain Director Recognitions & Rankings of Cyware Labs India
Contact details
Cyware Labs India Private Limited's registered office is in Bangalore, Karnataka. Its website is cyware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address#762 2nd And 3rd Floor 19th Main Road Garden Layout Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Cyware Labs India Private Limited, buy the company report.
Comprehensive company report
Cyware Labs India Private Limited - one report that includes everything
- 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
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Brands
Cyware Labs India operates one associated brand: Cyware. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of threat intelligence and SOAR to help businesses detect and stop cyberattacks | cyware.com |
Business activity
The main business activity of Cyware Labs India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cyware Labs India Private Limited, buy the company report.
Financials of Cyware Labs India Private Limited
FY 2024 filings availableCyware Labs India Private Limited reported revenue of ₹73.32 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹73.32 Cr ▲ 4%
Net profit · FY 2024
₹8.43 Cr margin 11.5%
EBITDA · FY 2024
₹12.28 Cr margin 16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 35%
5 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 65%
5 years · compounded
▲ 79%
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 4% growth in the latest year. EBITDA rose 9% 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 | FY 2019-20 |
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| EBITDA | ₹12.28 Cr | ||||
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| Net Profit (PAT) | ₹8.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 11.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Cyware Labs India Private Limited, buy the company report.
Board of directors of Cyware Labs India Private Limited
Cyware Labs India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhaya Jain | Director | 09 May 2016 | 10 Years 5 Months | Current |
| Akshat Kumar Jain | Director | 09 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Cyware Labs India Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toluna India Private Limited | ₹74.06 Cr (FY 2024) | 12.0% | New Delhi, Delhi, India | |||
| Eventus Security Private Limited | ₹74.06 Cr (FY 2025) | 25.0% | Thane, Maharashtra, India | |||
| Broadridge Trading and Connectivity Solutions India Private Limited | ₹73.91 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Whale Cloud Technology India Private Limited | ₹73.47 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Cyware Labs India Private Limitedthis company | ₹73.32 Cr (FY 2024) | ₹8.43 Cr | 11.5% | 4.0% | 145 | Bangalore, Karnataka, India |
| NB Healthcare Technologies Private Limited | ₹73.14 Cr (FY 2025) | 34.0% | Hyderabad, Telangana, India | |||
| Westconcomstor International (India) Private Limited | ₹72.98 Cr (FY 2025) | 824.0% | Gurgaon, Haryana, India | |||
| Moonraft Innovation Labs Private Limited | ₹72.77 Cr (FY 2025) | -11.0% | Ernakulam, Kerala, India | |||
| Emergys Solutions Private Limited | ₹72.74 Cr (FY 2025) | 39.0% | Pune, Maharashtra, India |
To see the full peer comparison of Cyware Labs India Private Limited, buy the company report.
Auditor
Cyware Labs India Private Limited is audited by BSJ & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSJ & Associates | FY 2022 | 010560S |
Shareholding
The shareholding of Cyware Labs India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cyware Labs India Private Limited, buy the company report.
Deals & funding
Cyware Labs India Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2019.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Cyware Labs Inc Seller: 2 individuals |
| Jul 2016 | Rights issue | ₹32.2 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Cyware Labs India 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 Cyware Labs India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cyware Labs India Private Limited has a workforce of 145 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
145
Active EPFO establishments
1
Employee growth
-17.14%
GST
Cyware Labs India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF8106D1ZU | Karnataka | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Cyware Labs India Private Limited, buy the company report.
Recent activity
Cyware Labs India Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Akshat Kumar Jain was appointed as Director on 09 May 2016.
AGM
Cyware Labs India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cyware Labs India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Akshat Kumar Jain was appointed as Director.
Appointed
Chhaya Jain was appointed as Director.
Incorporation
09 May 2016
Cyware Labs India Private Limited was registered on 09 May 2016 with Roc Bangalore & aged 10 years 5 months as per MCA records.
News
Frequently asked questions
Cyware Labs India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 May 2016 (10+ years old) and is registered under CIN U72900KA2016PTC093029.
Cyware Labs India has 2 current directors:
- Chhaya Jain - Director
- Akshat Kumar Jain - Director
The latest financial statements of Cyware Labs India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Cyware Labs India is 29AACCF8106D1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Cyware Labs India is U72900KA2016PTC093029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyware Labs India was incorporated on 09 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Cyware Labs India has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2019.
The peers of Cyware Labs India by revenue are Toluna India Private Limited, Eventus Security Private Limited, Broadridge Trading and Connectivity Solutions India Private Limited, Whale Cloud Technology India Private Limited, NB Healthcare Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Akshat Kumar Jain was appointed as Director on 09 May 2016. Chhaya Jain was appointed as Director on 09 May 2016.
Yes, Cyware Labs India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0143374).
Cyware Labs India can be reached through the website cyware.com. Its registered office is in Bangalore, Karnataka, India.
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