Sainnovate Tech Labs Private Limited

Sainnovate Tech Labs Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2018PTC177722 Incorporated 16 July 2018 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹41.2 Lakh
▼ 62% YoY
Net profit · FY 2025
₹17,783
Net margin 0.4%
EBITDA · FY 2025
₹9.13 Lakh
EBITDA margin 22.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Sainnovate Tech Labs Private Limited

Data last updated:

Sainnovate Tech Labs Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 16 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2018PTC177722. Its GSTIN is 27ABACS5829F1Z9 (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It was formerly known as Saip Labs Private Limited. It is led by directors including Somy Sijaria and Rina Dharmendrasinh Rathod.

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 Fl No E/504 Padmavati Hills S.No 76/1/38 Nr Jadhav Pune City, Maharashtra, India – 411021.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.2 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹17,783 (net margin 0.4%) and EBITDA of ₹9.13 Lakh (EBITDA margin 22.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 14% over five years.

The company is associated with 1 brand: Sainnovate.

Sainnovate Tech Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0088110). For more details, the company can be reached via its website sainnovate-labs.com.

Company details

CIN U72900PN2018PTC177722
Registration Number 177722
Incorporation Date 16 July 2018
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0088110

Recognitions & Rankings of Sainnovate Tech Labs

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0088110

Contact details

Sainnovate Tech Labs Private Limited's registered office is in Pune, Maharashtra. Its website is sainnovate-labs.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Fl No E/504 Padmavati Hills S.No 76/1/38 Nr Jadhav Pune City, Maharashtra, India – 411021
  • Industry
    Information Technology, Enterprise Resource Planning (ERP) Solutions

To see the full contact details of Sainnovate Tech Labs Private Limited, buy the company report.

Comprehensive company report
Sainnovate Tech 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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Brands

Sainnovate Tech Labs operates one associated brand: SAINNOVATE. Each brand links to its own profile.

BrandDescriptionWebsite
Provides technology solutions and products for SAP and S/4HANA implementations.sainnovate-labs.com

Business activity

The main business activity of Sainnovate Tech Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Sainnovate Tech Labs Private Limited, buy the company report.

Financials of Sainnovate Tech Labs Private Limited

FY 2025 filings available

Sainnovate Tech Labs Private Limited reported revenue of ₹41.2 Lakh (down 62% YoY) for FY 2025.

Revenue · FY 2025
₹41.2 Lakh ▼ 62%
Net profit · FY 2025
₹17,783 margin 0.4%
EBITDA · FY 2025
₹9.13 Lakh margin 22.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 22%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 7%
5 years · compounded
▼ 11%

Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 62% fall in the latest year. EBITDA fell 40% 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₹9.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17,783
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 Margin22.2%
Net Profit Margin0.4%
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 Sainnovate Tech Labs Private Limited, buy the company report.

Board of directors of Sainnovate Tech Labs Private Limited

Sainnovate Tech Labs has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Somy SijariaDirector16 Jul 20188 Years 3 MonthsCurrent
Rina Dharmendrasinh RathodDirector16 Jul 20188 Years 3 MonthsCurrent
Dharmendrasinh Jayendrasinh RathodDirector17 Mar 20206 Years 7 MonthsCurrent
Swapnil Balkrishna SijariaDirector17 Mar 20206 Years 7 MonthsCurrent

Auditor

Sainnovate Tech Labs Private Limited is audited by PATHAK CHHATPAR AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PATHAK CHHATPAR AND ASSOCIATESFY 2023139288W

Shareholding

The shareholding of Sainnovate Tech Labs 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 Sainnovate Tech Labs Private Limited, buy the company report.

MSME payment delays

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

GST

Sainnovate Tech Labs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27ABACS5829F1Z9MaharashtraActive31 Dec 2018

To see the full GST registrations and return filing status of Sainnovate Tech Labs Private Limited, buy the company report.

Recent activity

Sainnovate Tech Labs Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Dharmendrasinh Jayendrasinh Rathod was appointed as Director on 17 Mar 2020.

AGM
Sainnovate Tech Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sainnovate Tech Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Dharmendrasinh Jayendrasinh Rathod was appointed as Director.
Appointed
Swapnil Balkrishna Sijaria was appointed as Director.
Appointed
Rina Dharmendrasinh Rathod was appointed as Director.
Appointed
Somy Sijaria was appointed as Director.
Incorporation
16 Jul 2018
Sainnovate Tech Labs Private Limited was registered on 16 Jul 2018 with Roc Pune & aged 8 years 3 months as per MCA records.

Frequently asked questions

Sainnovate Tech Labs is an active private limited company based in Pune, Maharashtra, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 16 July 2018 (8+ years old) and is registered under CIN U72900PN2018PTC177722.

Sainnovate Tech Labs has 4 current directors:

The latest financial statements of Sainnovate Tech 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 FY 2019 are in the company report.

The GSTIN of Sainnovate Tech Labs is 27ABACS5829F1Z9, registered in Maharashtra.

The CIN (Corporate Identification Number) of Sainnovate Tech Labs is U72900PN2018PTC177722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sainnovate Tech Labs was incorporated on 16 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.

Dharmendrasinh Jayendrasinh Rathod was appointed as Director on 17 Mar 2020. Swapnil Balkrishna Sijaria was appointed as Director on 17 Mar 2020. Rina Dharmendrasinh Rathod was appointed as Director on 16 Jul 2018. Sainnovate Tech Labs has 4 board changes on record in total.

Yes, Sainnovate Tech Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Sainnovate Tech Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0088110).

Sainnovate Tech Labs can be reached through the website sainnovate-labs.com. Its registered office is in Pune, Maharashtra, India.