About Spext Labs India Private Limited
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Spext Labs India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It was incorporated on 26 June 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62012KA2023FTC175241.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashutosh Trivedi and Ashish Kishinchand Choithani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.05 Cr. For the same year it recorded a net profit of ₹65.61 Lakh (net margin 13%) and EBITDA of ₹67.49 Lakh (EBITDA margin 13.4%).
The company is associated with 1 brand: Spext.
For more details, the company can be reached via its website spext.co.
- EmailLocked
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- Registered AddressWework Prestige Atlanta, 80 Feet Main Road, Bangalore, Karnataka, India – 560034
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Business Activity of Spext Labs India Private Limited
The main business activity of Spext Labs India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related 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 Spext Labs India Private Limited FY 2025 filings available
Spext Labs India Private Limited reported revenue of ₹5.05 Cr for FY 2025.
Financial Statement Summary of Spext Labs India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹67.49 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹65.61 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 Spext Labs India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.4% | •••• |
| Net Profit Margin | 13% | •••• |
| 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 Spext Labs India are in the company report.
Financial statements from FY 2024
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.
Board of Directors of Spext Labs India Private Limited
Spext Labs India 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 |
|---|---|---|---|---|
| Ashutosh Trivedi | Director | 26 Jun 2023 | 3 Years 3 Months | Current |
| Ashish Kishinchand Choithani | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Peer Comparison of Spext Labs India Private Limited
Spext Labs India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Garruda Technovate Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Blockgemini Infotech Private Limited | ₹5.05 Cr (FY 2023) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Otex Technology Limited | ₹5.05 Cr (FY 2024) | •••• | •••• | 232.0% | •••• | Bhubaneswar, Odisha, India |
| Voltuswave Technologies India Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
| Content Bloom India Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Spext Labs India Private Limited this company | ₹5.05 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Tefugen Technologies Private Limited | ₹5.04 Cr (FY 2023) | •••• | •••• | -14.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Nexsus Cyber Solutions (OPC) Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Nacharam, Kapra Circle, Telangana, India |
| Minutus Computing Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Pune, Maharashtra, India |
| Prinav Gis Technologies Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | New Delhi, Delhi, India |
| K. G. Softech Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | 205.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Spext Labs India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Spext Labs India Private Limited
Spext Labs India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Spext Labs India Private Limited
Employment history and EPFO contributions of people linked to Spext Labs India.
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 Spext Labs India Private Limited
Spext Labs India Private Limited has 3 board changes on record since 2023: 3 appointments. The latest: Ashish Kishinchand Choithani was appointed as Director on 11 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Spext Labs India 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 Spext Labs India 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 Spext Labs India 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 Spext Labs India Private Limited
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 Spext Labs India 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.
Related news about Spext Labs India Private Limited
Frequently Asked Questions about Spext Labs India Private Limited
Spext Labs India is an active foreign private limited company based in Bangalore, Karnataka, India. It was incorporated on 26 June 2023 (3+ years old) and is registered under CIN U62012KA2023FTC175241.
Spext Labs India reported revenue of ₹5.05 Cr for FY 2025.
Spext Labs India has 2 current directors:
- Ashutosh Trivedi - Director
- Ashish Kishinchand Choithani - Director
Spext Labs India reported a net profit of ₹65.61 Lakh (net margin 13%) and EBITDA of ₹67.49 Lakh (EBITDA margin 13.4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Spext Labs India is U62012KA2023FTC175241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spext Labs India was incorporated on 26 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Spext Labs India by revenue are Garruda Technovate Private Limited, Blockgemini Infotech Private Limited, Otex Technology Limited, Voltuswave Technologies India Private Limited, Content Bloom India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ashish Kishinchand Choithani was appointed as Director on 11 Aug 2025. Anup Shrikrishna Gosavi was appointed as Director on 26 Jun 2023. Ashutosh Trivedi was appointed as Director on 26 Jun 2023.
Spext Labs India can be reached through the website spext.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Spext Labs India is at Wework Prestige Atlanta, 80 Feet Main Road, Bangalore, Karnataka, India – 560034.
Spext Labs India has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.