MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0025853
Protocol One IT Labs Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.73 Cr
▼ 17% YoY
Net profit · FY 2025
₹14.62 Lakh
Net margin 3.9%
EBITDA · FY 2025
₹28.6 Lakh
EBITDA margin 7.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Protocol One IT Labs Private Limited
Data last updated:
Protocol One IT Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2009PTC198074. Its GSTIN is 27AAFCP3958E1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemant Gopal Thawani and Kuldeep Vilas Erram.
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 Unit No.221 Kothari Industrial And Warehouse Premises Chs L.B.S Marg Bhandup(West), Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.73 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹14.62 Lakh (net margin 3.9%) and EBITDA of ₹28.6 Lakh (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Protocol One IT Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0025853). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website protocol1.in.
Company details
CIN U72900MH2009PTC198074
Registration Number 198074
Incorporation Date 23 December 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0025853
Recognitions & Rankings of Protocol One IT Labs
Contact details
Protocol One IT Labs Private Limited's registered office is in Mumbai, Maharashtra. Its website is protocol1.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.221 Kothari Industrial And Warehouse Premises Chs L.B.S Marg Bhandup(West), Mumbai, Maharashtra, India – 400078
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
To see the full contact details of Protocol One IT Labs Private Limited, buy the company report.
Comprehensive company report
Protocol One IT Labs 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 Protocol One IT Labs is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Protocol One IT Labs Private Limited, buy the company report.
Financials of Protocol One IT Labs Private Limited
FY 2025 filings availableProtocol One IT Labs Private Limited reported revenue of ₹3.73 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹3.73 Cr ▼ 17%
Net profit · FY 2025
₹14.62 Lakh margin 3.9%
EBITDA · FY 2025
₹28.6 Lakh margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 11%
5 years · compounded
▲ 14%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 17% fall in the latest year. EBITDA rose 8% 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 | ₹28.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.62 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Protocol One IT Labs Private Limited, buy the company report.
Board of directors of Protocol One IT Labs Private Limited
Protocol One IT Labs has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Gopal Thawani Also directs: Magic I&E Private Limited | Director | 23 Dec 2009 | 16 Years 10 Months | Current |
| Kuldeep Vilas Erram Also directs: Massive Merchandising LLP | Director | 23 Dec 2009 | 16 Years 10 Months | Current |
Shareholding
The shareholding of Protocol One IT Labs Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Protocol One IT Labs Private Limited, buy the company report.
Legal cases
Protocol One IT Labs Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by V-Con Intelligent Security Private Limited | Disposed |
To see the full case history of Protocol One IT Labs 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
No delayed payments to MSME suppliers are on our record for Protocol One IT Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Protocol One IT Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP3958E1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Protocol One IT Labs Private Limited, buy the company report.
Recent activity
Protocol One IT Labs Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Hemant Gopal Thawani was appointed as Director on 23 Dec 2009.
AGM
Protocol One It Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Protocol One It Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Hemant Gopal Thawani was appointed as Director.
Appointed
Kuldeep Vilas Erram was appointed as Director.
Incorporation
23 Dec 2009
Protocol One It Labs Private Limited was registered on 23 Dec 2009 with Roc Mumbai I & aged 16 years 10 months as per MCA records.
Frequently asked questions
Protocol One IT Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 December 2009 (17+ years old) and is registered under CIN U72900MH2009PTC198074.
Protocol One IT Labs has 2 current directors:
- Hemant Gopal Thawani - Director
- Kuldeep Vilas Erram - Director
The latest financial statements of Protocol One IT Labs 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 Protocol One IT Labs is 27AAFCP3958E1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Protocol One IT Labs is U72900MH2009PTC198074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Protocol One IT Labs has 1 court case on record: 1 filed against it.
Protocol One IT Labs was incorporated on 23 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemant Gopal Thawani was appointed as Director on 23 Dec 2009. Kuldeep Vilas Erram was appointed as Director on 23 Dec 2009.
Yes, Protocol One IT Labs is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0025853).
Protocol One IT Labs can be reached through the website protocol1.in. Its registered office is in Mumbai, Maharashtra, India.
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