Lateral Applications Private Limited
About Lateral Applications Private Limited
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Lateral Applications Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2012PTC236437. Its GSTIN is 07AACCL2705N1ZG (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Uma Mehta and Prithvi Raj Mehta.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 40/66 First Floor, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.48 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Lakh (net margin 3.7%) and EBITDA of ₹3.74 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address40/66 First Floor, New Delhi, Delhi, India – 110019
- 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 Lateral Applications Private Limited
The main business activity of Lateral Applications is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service 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 Lateral Applications Private Limited FY 2025 filings available
Lateral Applications Private Limited reported revenue of ₹73.48 Lakh (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lateral Applications Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 11% growth in the latest year. EBITDA rose 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 of Lateral Applications 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 | ₹3.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.7 Lakh | •••• | •••• | •••• | •••• |
| 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 Lateral Applications Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 Lateral Applications are in the company report.
Financial statements from 2015
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 Lateral Applications Private Limited
Lateral Applications Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Information service 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 |
|---|---|---|---|---|---|---|
| Manor Information and Management Services Private Limited | ₹73.85 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Bangalore, Karnataka, India |
| Robust Net Technologies Private Limited | ₹73.84 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Sreebhumi, West Bengal, India |
| Radiant Softech Solutions and Developers Private Limited | ₹73.75 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Ohm Media Private Limited | ₹73.53 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Thane, Maharashtra, India |
| Arrowsoft Consultancy Private Limited | ₹73.5 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Pune, Maharashtra, India |
| Lateral Applications Private Limited this company | ₹73.48 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Optimal Computing Pvt Ltd | ₹73.38 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Bizkraft Transformation Private Limited | ₹73.36 Lakh (FY 2024) | •••• | •••• | 107.0% | •••• | Gurugram, Haryana, India |
| Thalia Design Automation India Private Limited | ₹73.22 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Hyderabad, Telangana, India |
| Insync Infotech Private Limited | ₹73.12 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Bangalore, Karnataka, India |
| Nebula Personalization Tech Solutions Private Limited | ₹73.04 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Lateral Applications by revenue in the same principal business activity (Information service 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 Lateral Applications Private Limited
Lateral Applications Private Limited is audited by S K BHASIN & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K BHASIN & ASSOCIATES | 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 Lateral Applications Private Limited
Lateral Applications has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Mehta | Director | 24 May 2012 | 14 Years 4 Months | Current |
| Prithvi Raj Mehta | Director | 24 May 2012 | 14 Years 4 Months | Current |
Ownership and Shareholding of Lateral Applications 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 Lateral Applications Private Limited
Lateral Applications Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Lateral Applications Private Limited
Employment history and EPFO contributions of people linked to Lateral Applications.
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 Lateral Applications Private Limited
Lateral Applications Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Prithvi Raj Mehta was appointed as Director on 24 May 2012.
Credit Ratings, Litigation & Regulatory Alerts for Lateral Applications 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 Lateral Applications 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 Lateral Applications 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 Lateral Applications Private Limited
Lateral Applications has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCL2705N1ZG | Delhi | Active | 29 Nov 2018 |
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 Lateral Applications 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 Lateral Applications Private Limited
Lateral Applications is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 May 2012 (14+ years old) and is registered under CIN U72900DL2012PTC236437.
Lateral Applications reported revenue of ₹73.48 Lakh for FY 2025 (up 11% YoY).
Lateral Applications has 2 current directors:
- Uma Mehta - Director
- Prithvi Raj Mehta - Director
Lateral Applications reported a net profit of ₹2.7 Lakh (net margin 3.7%) and EBITDA of ₹3.74 Lakh (EBITDA margin 5.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lateral Applications is -2% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lateral Applications is 07AACCL2705N1ZG, registered in Delhi.
The CIN (Corporate Identification Number) of Lateral Applications is U72900DL2012PTC236437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lateral Applications was incorporated on 24 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Lateral Applications by revenue are Manor Information and Management Services Private Limited, Robust Net Technologies Private Limited, Radiant Softech Solutions and Developers Private Limited, Ohm Media Private Limited, Arrowsoft Consultancy Private Limited and 5 more, all in the same principal business activity (Information service activities).
Prithvi Raj Mehta was appointed as Director on 24 May 2012. Uma Mehta was appointed as Director on 24 May 2012.
The registered office of Lateral Applications is at 4066 First Floor, New Delhi, Delhi, India – 110019.