About Labyrinth Technologies LLP
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Labyrinth Technologies LLP is a limited liability partnership (LLP) based in Mysore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 March 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAI-9616. Its GSTIN is 29AAHFL0017D1ZR (Karnataka).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Vishal Vijay Shekkar and Vishwarath Reddy Thumula.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at # 924 Kantharaj Urs Road Lakshmipuram, Mysore, Karnataka, India – 570004.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹4.35 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹70.59 Lakh (net margin 16.2%) and EBITDA of ₹1.53 Cr (EBITDA margin 35.3%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The LLP is associated with 1 brand: Verizy.
For more details, the LLP can be reached via its website verizy.ai.
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- Registered Address# 924 Kantharaj Urs Road Lakshmipuram, Mysore, Karnataka, India – 570004
- 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
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Financials of Labyrinth Technologies LLP FY 2022 filings available
Labyrinth Technologies LLP reported revenue of ₹4.35 Cr (up 62% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Labyrinth Technologies LLP
Revenue has grown at a compounded annual rate (CAGR) of 39% over three years, including 62% growth in the latest year. EBITDA rose 146% 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 Labyrinth Technologies LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹70.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Labyrinth Technologies LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 16.2% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Labyrinth Technologies 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.
Designated Partners of Labyrinth Technologies LLP
Labyrinth Technologies has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Vijay Shekkar | Designated Partner | 27 Mar 2017 | 9 Years 6 Months | Current |
| Vishwarath Reddy Thumula | Designated Partner | 27 Mar 2017 | 9 Years 6 Months | Current |
Charges & Borrowings of Labyrinth Technologies LLP
Labyrinth Technologies LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Labyrinth Technologies LLP
Employment history and EPFO contributions of people linked to Labyrinth Technologies.
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 Labyrinth Technologies LLP
Labyrinth Technologies LLP has 2 designated partner changes on record since 2017: 2 appointments. The latest: Vishal Vijay Shekkar was appointed as Designated Partner on 27 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Labyrinth Technologies LLP
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 Labyrinth Technologies LLP
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 Labyrinth Technologies LLP
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 Labyrinth Technologies LLP
Labyrinth Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHFL0017D1ZR | Karnataka | Active | 15 Sep 2017 |
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 Labyrinth Technologies LLP
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 Labyrinth Technologies LLP
Labyrinth Technologies is an active limited liability partnership based in Mysore, Karnataka, India. The LLP works in application development and software solutions, within the information technology industry. It was incorporated on 27 March 2017 (9+ years old) and is registered under LLPIN AAI-9616.
Labyrinth Technologies reported revenue of ₹4.35 Cr for FY 2022 (up 62% YoY).
Labyrinth Technologies has 2 current designated partners:
- Vishal Vijay Shekkar - Designated Partner
- Vishwarath Reddy Thumula - Designated Partner
Labyrinth Technologies reported a net profit of ₹70.59 Lakh (net margin 16.2%) and EBITDA of ₹1.53 Cr (EBITDA margin 35.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Labyrinth Technologies is 39% over three years. In the latest year (FY 2022) revenue rose 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Labyrinth Technologies is 29AAHFL0017D1ZR, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Labyrinth Technologies is AAI-9616. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Labyrinth Technologies was incorporated on 27 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Vishal Vijay Shekkar was appointed as Designated Partner on 27 Mar 2017. Vishwarath Reddy Thumula was appointed as Designated Partner on 27 Mar 2017.
Labyrinth Technologies can be reached through the website verizy.ai. Its registered office is in Mysore, Karnataka, India.