
About Snet Labs Private Limited
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Snet Labs Private Limited is a private limited company based in Faridabad, Haryana, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72900HR2020PTC089310. Its GSTIN is 06ABECS4483K1ZY (Haryana). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neeraj Swarnkar (Managing Director) and Ram Sharan Swarnkar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H.No. 2552 H Block Sector – 49 Sainik Colony, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.17 Lakh (net margin 30.4%) and EBITDA of ₹41.56 Lakh (EBITDA margin 40.6%).
The company is associated with 1 brand: SNeT Labs.
Snet Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0006993). For more details, the company can be reached via its website snetlabs.com.
Company details
Recognitions & Rankings of Snet Labs
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-HR-03-0006993
Contact details
Snet Labs Private Limited's registered office is in Faridabad, Haryana. Its website is snetlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No. 2552 H Block Sector – 49 Sainik Colony, Faridabad, Haryana, India – 121001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Snet Labs 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
Snet Labs operates one associated brand: SNeT Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software development, application development, and IT services. | snetlabs.com |
Business activity
The main business activity of Snet Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Snet Labs Private Limited, buy the company report.
Financials of Snet Labs Private Limited
FY 2022 filings availableSnet Labs Private Limited reported revenue of ₹1.02 Cr (up 644% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 644% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.02 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹41.56 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹31.17 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 40.6% | |
| Net Profit Margin | 30.4% | |
| 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 Snet Labs Private Limited, buy the company report.
Board of directors of Snet Labs Private Limited
Snet Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Sharan Swarnkar | Director | 14 Sep 2020 | 6 Years 1 Months | Current |
| Neeraj Swarnkar | Managing Director | 14 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Snet Labs Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HG Sleepcure Solutions Private Limited | ₹1.02 Cr (FY 2024) | 42.0% | Gurgaon, Haryana, India | |||
| Karroter Technique Private Limited | ₹1.02 Cr (FY 2025) | 67.0% | Pune, Maharashtra, India | |||
| Smartenough Software Solutions (OPC) Private Limited | ₹1.02 Cr (FY 2025) | 6.0% | Palakkad, Kerala, India | |||
| Snet Labs Private Limitedthis company | ₹1.02 Cr (FY 2022) | ₹31.17 Lakh | 30.4% | 644.0% | Faridabad, Haryana, India | |
| Cogxar Research & Solutions Private Limited | ₹1.02 Cr (FY 2024) | 62.0% | Bangalore, Karnataka, India | |||
| SLK Interior and Decorators Private Limited | ₹1.02 Cr (FY 2024) | 25.0% | New Delhi, Delhi, India | |||
| Riede Technology P Ltd | ₹1.02 Cr (FY 2024) | -4.0% | Chennai, Tamil Nadu, India | |||
| Faia Entertainment Private Limited | ₹1.02 Cr (FY 2025) | 35.0% | Colva, Goa, India |
To see the full peer comparison of Snet Labs Private Limited, buy the company report.
Auditor
Snet Labs Private Limited is audited by S.VIRMANI&ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.VIRMANI&ASSOCIATES | FY 2022 | 026231N |
Shareholding
The shareholding of Snet Labs Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Snet Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Snet Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Snet Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Snet Labs Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Snet Labs has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06ABECS4483K1ZY | Haryana | Active | 30 Oct 2020 |
| 07ABECS4483K1ZW | Delhi | Active | 11 May 2023 |
| 09ABECS4483K1ZS | Uttar Pradesh | Active | 06 Dec 2024 |
To see the full GST registrations and return filing status of Snet Labs Private Limited, buy the company report.
Recent activity
Snet Labs Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Neeraj Swarnkar ceased to be Director on 01 Jun 2022.
Frequently asked questions
Snet Labs is an active private limited company based in Faridabad, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 September 2020 (6+ years old) and is registered under CIN U72900HR2020PTC089310.
Snet Labs has 2 current directors:
- Neeraj Swarnkar - Managing Director
- Ram Sharan Swarnkar - Director
The latest financial statements of Snet Labs on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Snet Labs is 06ABECS4483K1ZY, registered in Haryana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 07ABECS4483K1ZW (Delhi), 09ABECS4483K1ZS (Uttar Pradesh).
The CIN (Corporate Identification Number) of Snet Labs is U72900HR2020PTC089310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snet Labs was incorporated on 14 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Snet Labs by revenue are HG Sleepcure Solutions Private Limited, Karroter Technique Private Limited, Smartenough Software Solutions (OPC) Private Limited, Cogxar Research & Solutions Private Limited, SLK Interior and Decorators Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Neeraj Swarnkar ceased to be Director on 01 Jun 2022. Neeraj Swarnkar was appointed as Managing Director on 14 Sep 2020. Ram Sharan Swarnkar was appointed as Director on 14 Sep 2020.
Yes, Snet Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Snet Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-03-0006993).
Snet Labs can be reached through the website snetlabs.com. Its registered office is in Faridabad, Haryana, India.