About Lam Research (India) Private Limited
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Lam Research (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Lam Research Singapore Pte Ltd. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC027514. Its GSTIN is 29AABCN2063Q1Z0 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹68.52 Lakh. It was formerly known as Novellus Systems (India) Private Limited. It is led by directors including Rangesh Raghavan (Managing Director) and Daniel Lawrence Rabago.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Bagmane Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,277 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹139.5 Cr (net margin 10.9%) and EBITDA of ₹281.2 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 30% over five years.
The company has about 1,593 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lam Research. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 3 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2013. Its 4 peer companies in the Outsourcing industry (Application Development, Diversified BPO), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 2 smaller; the largest is Ariba Technologies India Private Limited with revenue of ₹1,336.5 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 54 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lamresearch.com.
Company details
Contact details
Lam Research (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is lamresearch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor Crown Building No 65/2 – 1 Bagmane Tech Park Krishnappa Garden Cv R, Aman Nagar, Bangalore, Karnataka, India – 560093
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Lam Research (India) Private Limited, buy the company report.
- 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
Lam Research (India) operates one associated brand: Lam Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wafer fabrication equipment for semiconductors is supplied globally. | lamresearch.com |
Business activity
The main business activity of Lam Research (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 Lam Research (India) Private Limited, buy the company report.
Financials of Lam Research (India) Private Limited
FY 2025 filings availableLam Research (India) Private Limited reported revenue of ₹1,277 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 20% growth in the latest year. EBITDA fell 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹281.2 Cr | ||||
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| Net Profit (PAT) | ₹139.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 22% | ||||
| Net Profit Margin | 10.9% | ||||
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To see the full financial statements and ratios of Lam Research (India) Private Limited, buy the company report.
Board of directors of Lam Research (India) Private Limited
Lam Research (India) has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daniel Lawrence Rabago | Director | 28 Mar 2019 | 7 Years 6 Months | Current |
| Adam Allen King | Director | 12 Jul 2022 | 4 Years 3 Months | Current |
| Christina Cooper Correia | Director | 05 Oct 2016 | 10 Years 0 Months | Current |
| Rangesh Raghavan | Managing Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Peer comparison
Lam Research (India) Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (Application Development, Diversified BPO), with 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 |
|---|---|---|---|---|---|---|
| Ariba Technologies India Private Limited | ₹1,336.5 Cr (FY 2025) | 29.0% | Bgnorth, Karnataka, India | |||
| BMC Software India Private Limited | ₹1,318.99 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Lam Research (India) Private Limitedthis company | ₹1,277 Cr (FY 2025) | ₹139.5 Cr | 10.9% | 20.0% | 1,593 | Bangalore, Karnataka, India |
| Unisys India Pvt Ltd | ₹1,230.13 Cr (FY 2025) | 2.0% | Sarjapur Road Bangalore East, Karnataka, India | |||
| Ge India Technology Centre Private Limited | ₹1,170.09 Cr (FY 2016) | 12.0% | Whitefield Road, Bangalore, Karnataka, India |
To see the full peer comparison of Lam Research (India) Private Limited, buy the company report.
Auditor
Lam Research (India) Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2025 | 101049W/E300004 |
Shareholding
The shareholding of Lam Research (India) Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Lam Research (India) Private Limited, buy the company report.
Deals & funding
Lam Research (India) Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Lam Research Singapore Pte Limited Seller: Novellus Systems International LLC |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Novellus Systems International LLC Seller: Novellus Systems Intl Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lam Research (India) Private Limited has 9 court cases on record: 3 filed by Lam Research (India), 6 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 4 | 3 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against M/S Prerana Consultants Pvt Limited, Bangalore. and 1 other | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (P and SC) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (P and SC) | Filed against the company by an individual | Disposed |
To see the full case history of Lam Research (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Lam Research (India) Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 54 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rapid Global Business Solutions India Private Limited | |||
| Adorn Logistics Private Limited | |||
| Urlife Lifestyle Wellness Limited | |||
| Pragathi Concepts | |||
| Sigmaavit Technology Solutions Private Limited |
To see the full MSME payment records of Lam Research (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lam Research (India) Private Limited has a workforce of 1,593 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
GST
Lam Research (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN2063Q1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lam Research (India) Private Limited, buy the company report.
Recent activity
Lam Research (India) Private Limited has 19 board changes on record since 2008: 4 appointments and 15 cessations. The latest: Rangesh Raghavan ceased to be Director on 12 Dec 2022.
10 earlier events are in the company report.
News
Frequently asked questions
Lam Research (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 July 2000 (26+ years old) and is registered under CIN U72200KA2000PTC027514.
Lam Research (India) has 4 current directors:
- Rangesh Raghavan - Managing Director
- Daniel Lawrence Rabago - Director
- Adam Allen King - Director
- Christina Cooper Correia - Director
The latest financial statements of Lam Research (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lam Research (India) is 29AABCN2063Q1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Lam Research (India) is U72200KA2000PTC027514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lam Research (India) has 9 court cases on record: 3 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Lam Research (India) was incorporated on 25 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Lam Research (India) has 2 deals on record (2 secondary share transfers); the latest was in March 2013.
The peers of Lam Research (India) by revenue are Ariba Technologies India Private Limited, BMC Software India Private Limited, Unisys India Pvt Ltd, Ge India Technology Centre Private Limited, all in the Outsourcing industry (Application Development, Diversified BPO), with the same principal business activity (computer programming, consultancy and related activities).
Rangesh Raghavan ceased to be Director on 12 Dec 2022. Adam Allen King ceased to be Additional Director on 30 Sep 2022. Rangesh Raghavan was appointed as Managing Director on 30 Sep 2022. Lam Research (India) has 19 board changes on record in total.
Lam Research (India) has 9 MSME Form 1 returns on record between 2019 and 2023, listing 54 overdue payments to 5 micro and small suppliers. The latest return was filed on 18 Dec 2023.
Lam Research (India) can be reached through the website lamresearch.com. Its registered office is in Bangalore, Karnataka, India.