Nil-Labs Innovation Private Limited

Nil-Labs Innovation Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74990MH2009FTC197057 Incorporated 13 November 2009 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹4.97 Cr
▼ 25% YoY
Net loss · FY 2025
₹4.28 Lakh
Net margin -0.9%
EBITDA · FY 2025
₹19.19 Lakh
EBITDA margin 3.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹75.97 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Nil-Labs Innovation Private Limited

Data last updated:

Nil-Labs Innovation Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nextgen Innovation Labs Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 November 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009FTC197057. Its GSTIN is 06AABCU1231H1ZS (Haryana).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹75.97 Lakh. It was formerly known as United Commtel Private Limited and United Commtel Aisa Gdc Private Limited. It is led by directors including Munish Rishi and Mayank Purwar.

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 23 White Castle 34 – 35 Union Park Sion – Trombe Road Chembur, Mumbai, Maharashtra, India – 400071.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.97 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹4.28 Lakh (net margin -0.9%) and EBITDA of ₹19.19 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 35% over five years.

Court records list 1 case involving the company, including 1 filed against it.

Nil-Labs Innovation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0002476). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74990MH2009FTC197057
Registration Number 197057
Incorporation Date 13 November 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Nextgen Innovation Labs Llc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0002476

Name history

Nil-Labs Innovation has undergone 2 name changes throughout its history. The company was previously known as United Commtel Private Limited, and United Commtel Aisa Gdc Private Limited. The current legal name is Nil-Labs Innovation Private Limited.

Company NameStatus
Nil-Labs Innovation Private LimitedCurrent
United Commtel Private LimitedPrevious
United Commtel Aisa Gdc Private LimitedPrevious
Key People
Munish Rishi Director Mayank Purwar Director Rohit Kumar Director

Recognitions & Rankings of Nil-Labs Innovation

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-HR-05-0002476

Contact details

Nil-Labs Innovation Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    23 White Castle 34 – 35 Union Park Sion – Trombe Road Chembur, Mumbai, Maharashtra, India – 400071
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Nil-Labs Innovation Private Limited, buy the company report.

Comprehensive company report
Nil-Labs Innovation 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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Business activity

The main business activity of Nil-Labs Innovation is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Nil-Labs Innovation Private Limited, buy the company report.

Financials of Nil-Labs Innovation Private Limited

FY 2025 filings available

Nil-Labs Innovation Private Limited reported revenue of ₹4.97 Cr (down 25% YoY) for FY 2025.

Revenue · FY 2025
₹4.97 Cr ▼ 25%
Net loss · FY 2025
₹4.28 Lakh margin -0.9%
EBITDA · FY 2025
₹19.19 Lakh margin 3.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 8%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▲ 7%
5 years · compounded
▲ 16%

Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 50% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹19.19 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.28 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.9%
Net Profit Margin-0.9%
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

To see the full financial statements and ratios of Nil-Labs Innovation Private Limited, buy the company report.

Board of directors of Nil-Labs Innovation Private Limited

Nil-Labs Innovation has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Munish RishiDirector13 Nov 200916 Years 11 MonthsCurrent
Mayank Purwar
Also directs: Austin1 India Private Limited, Savsachin Technology Solutions Private Limited
Director31 Mar 20215 Years 7 MonthsCurrent
Rohit KumarDirector01 Nov 20215 Years 0 MonthsCurrent
Prashant BhargavaDirector01 Nov 20215 Years 0 MonthsCurrent
View all directors

Auditor

Nil-Labs Innovation Private Limited is audited by S S S R & COMPANY LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S S S R & COMPANY LLPFY 2023028905N/N500338

Shareholding

The shareholding of Nil-Labs Innovation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nil-Labs Innovation Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nil-Labs Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Nil-Labs Innovation has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
06AABCU1231H1ZSHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Nil-Labs Innovation Private Limited, buy the company report.

Recent activity

Nil-Labs Innovation Private Limited has 10 board changes on record since 2009: 7 appointments and 3 cessations. The latest: Sushil Chawla ceased to be Director on 06 Sep 2023.

AGM
Nil-Labs Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nil-Labs Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sushil Chawla ceased to be Director.
Appointed
Prashant Bhargava was appointed as Director.
Appointed
Rohit Kumar was appointed as Director.
Appointed
Mayank Purwar was appointed as Director.
Ceased
Vipul Mehrotra ceased to be Director.
Appointed
Sushil Chawla was appointed as Director.
Ceased
Shriprakash Ramshringar Pandey ceased to be Director.
Appointed
Vipul Mehrotra was appointed as Director.
Appointed
Munish Rishi was appointed as Director.
Appointed
Shriprakash Ramshringar Pandey was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Nil-Labs Innovation is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 November 2009 (17+ years old) and is registered under CIN U74990MH2009FTC197057.

Nil-Labs Innovation has 4 current directors:

The latest financial statements of Nil-Labs Innovation 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 2015 are in the company report.

The GSTIN of Nil-Labs Innovation is 06AABCU1231H1ZS, registered in Haryana.

The CIN (Corporate Identification Number) of Nil-Labs Innovation is U74990MH2009FTC197057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nil-Labs Innovation has 1 court case on record: 1 filed against it.

Nil-Labs Innovation was incorporated on 13 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.

Sushil Chawla ceased to be Director on 06 Sep 2023. Prashant Bhargava was appointed as Director on 01 Nov 2021. Rohit Kumar was appointed as Director on 01 Nov 2021. Nil-Labs Innovation has 10 board changes on record in total.

Yes, Nil-Labs Innovation is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0002476).

The registered office of Nil-Labs Innovation is at 23 White Castle 34 – 35 Union Park Sion – Trombe Road Chembur, Mumbai, Maharashtra, India – 400071.