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Foster Innovation Lab Private Limited - information technology in Kasaragod, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.85 Lakh
▼ 54% YoY
Net loss · FY 2024
₹6.9 Lakh
Net margin -117.9%
EBITDA · FY 2024
-₹6.7 Lakh
EBITDA margin -114.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Foster Innovation Lab Private Limited
Data last updated:
Foster Innovation Lab Private Limited is a private limited company based in Kasaragod, Kerala, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2020PTC063721. Its GSTIN is 32AAECF1955A1Z8 (Kerala). 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 Ashwin Ananda Babu and Pera Thejas.
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 Kp XII/435B Po Kuttikol Bandadka Road, Kasaragod, Kerala, India – 671541.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.85 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹6.9 Lakh (net margin -117.9%) and EBITDA of -₹6.7 Lakh (EBITDA margin -114.6%). Revenue has grown at a compounded annual rate (CAGR) of 308% over three years.
The company is associated with 1 brand: Foster Innovations.
Foster Innovation Lab Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-05-0000171). For more details, the company can be reached via its website fosterinnovations.in.
Company details
CIN U72900KL2020PTC063721
Registration Number 063721
Incorporation Date 20 August 2020
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-05-0000171
Key People
Ashwin Ananda Babu Director Pera Thejas Director Recognitions & Rankings of Foster Innovation Lab
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KL-05-0000171
Contact details
Foster Innovation Lab Private Limited's registered office is in Kasaragod, Kerala. Its website is fosterinnovations.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKp XII/435B Po Kuttikol Bandadka Road, Kasaragod, Kerala, India – 671541
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Foster Innovation Lab Private Limited, buy the company report.
Comprehensive company report
Foster Innovation Lab 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
Foster Innovation Lab operates one associated brand: Foster Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers automation, machine vision, and 3D printing services for industrial needs. | fosterinnovations.in |
Business activity
The main business activity of Foster Innovation Lab is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Foster Innovation Lab Private Limited, buy the company report.
Financials of Foster Innovation Lab Private Limited
FY 2025 filings availableFoster Innovation Lab Private Limited reported revenue of ₹5.85 Lakh (down 54% YoY) for FY 2024.
Revenue · FY 2024
₹5.85 Lakh ▼ 54%
Net loss · FY 2024
₹6.9 Lakh margin -117.9%
EBITDA · FY 2024
-₹6.7 Lakh margin -114.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▲ 308%
EBITDA CAGR growth
1 year
▼ 321%
3 years · compounded
▼ 404%
Revenue fell 54% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 308%. EBITDA fell 321% 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 | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹6.7 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.9 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -114.6% | |||
| Net Profit Margin | -117.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Foster Innovation Lab Private Limited, buy the company report.
Board of directors of Foster Innovation Lab Private Limited
Foster Innovation Lab has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Ananda Babu | Director | 20 Aug 2020 | 6 Years 2 Months | Current |
| Pera Thejas | Director | 20 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Foster Innovation Lab Private Limited is audited by A SAURABH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SAURABH & CO | FY 2021 | 028143C |
Shareholding
The shareholding of Foster Innovation Lab Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Foster Innovation Lab Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Foster Innovation Lab 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 Foster Innovation Lab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foster Innovation Lab Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Foster Innovation Lab has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECF1955A1Z8 | Kerala | Active | 11 Nov 2020 |
| 29AAECF1955A1ZV | Karnataka | Active | 08 Oct 2021 |
To see the full GST registrations and return filing status of Foster Innovation Lab Private Limited, buy the company report.
Recent activity
Foster Innovation Lab Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Ambangad Veedu Sivaprasad ceased to be Director on 27 Feb 2024.
AGM
Foster Innovation Lab Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Foster Innovation Lab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Ambangad Veedu Sivaprasad ceased to be Director.
Ceased
Shrikant Sachin ceased to be Director.
Appointed
Ambangad Veedu Sivaprasad was appointed as Director.
Appointed
Ashwin Ananda Babu was appointed as Director.
Appointed
Pera Thejas was appointed as Director.
Appointed
Shrikant Sachin was appointed as Director.
Incorporation
20 Aug 2020
Foster Innovation Lab Private Limited was registered on 20 Aug 2020 with Roc Ernakulam & aged 6 years 2 months as per MCA records.
Frequently asked questions
Foster Innovation Lab is an active private limited company based in Kasaragod, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 August 2020 (6+ years old) and is registered under CIN U72900KL2020PTC063721.
Foster Innovation Lab has 2 current directors:
- Ashwin Ananda Babu - Director
- Pera Thejas - Director
The latest financial statements of Foster Innovation Lab 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 GSTIN of Foster Innovation Lab is 32AAECF1955A1Z8, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECF1955A1ZV (Karnataka).
The CIN (Corporate Identification Number) of Foster Innovation Lab is U72900KL2020PTC063721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foster Innovation Lab was incorporated on 20 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ambangad Veedu Sivaprasad ceased to be Director on 27 Feb 2024. Shrikant Sachin ceased to be Director on 27 Feb 2024. Ambangad Veedu Sivaprasad was appointed as Director on 20 Aug 2020. Foster Innovation Lab has 6 board changes on record in total.
Yes, Foster Innovation Lab is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Foster Innovation Lab is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-05-0000171).
Foster Innovation Lab can be reached through the website fosterinnovations.in. Its registered office is in Kasaragod, Kerala, India.
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