About Terrace Tech Labs Private Limited
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Terrace Tech Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC096656. Its GSTIN is 29AAFCT9445G1ZV (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vinod Kumar and Ankush Ranka.
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 35 Rankashree 2 Ndfloor Mbtstreet Ganigaraalane Nagarathpetcross, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.77 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹5.38 Lakh (net margin 11.8%) and EBITDA of ₹10.62 Lakh (EBITDA margin 23.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 31% over five years.
The company is associated with 1 brand: TTL.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ttl.global.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address35 Rankashree 2 Ndfloor Mbtstreet Ganigaraalane Nagarathpetcross, Bangalore, Karnataka, India – 560002
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Terrace Tech Labs Private Limited
The main business activity of Terrace Tech Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Terrace Tech Labs Private Limited FY 2025 filings available
Terrace Tech Labs Private Limited reported revenue of ₹45.77 Lakh (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Terrace Tech Labs Private Limited
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 54% 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 of Terrace Tech Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.38 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Terrace Tech Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.8% | •••• | •••• | •••• | •••• |
| 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 Terrace Tech Labs are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Terrace Tech Labs Private Limited
Terrace Tech Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical 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 |
|---|---|---|---|---|---|---|
| Nminustwo Solutions Private Limited | ₹45.82 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Aluva, Kerala, India |
| Nyra Medical Solution Private Limited | ₹45.81 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Gadag, Karnataka, India |
| 55Origins IT & Business Services Private Limited | ₹45.8 Lakh (FY 2025) | •••• | •••• | •••• | Warangal, Telangana, India | |
| Akarui Management Services Private Limited | ₹45.79 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Gurgaon, Haryana, India |
| Aspirion Solutions Private Limited | ₹45.77 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Faridabad, Haryana, India |
| Terrace Tech Labs Private Limited this company | ₹45.77 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Bangalore, Karnataka, India |
| Trustyle Cosmetics Private Limited | ₹45.75 Lakh (FY 2020) | •••• | •••• | -5.0% | •••• | Rajkot, Gujarat, India |
| Arrow International India Private Limited | ₹45.75 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Millitronic Devices (OPC) Private Limited | ₹45.74 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Qadeer Technical Test Centre Private Limited | ₹45.74 Lakh (FY 2017) | •••• | •••• | 123.0% | •••• | Patna, Bihar, India |
| Dishaani Infotech Private Limited | ₹45.72 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Terrace Tech Labs by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Terrace Tech Labs Private Limited
Terrace Tech Labs Private Limited is audited by SWADHIN CHHAJED & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SWADHIN CHHAJED & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Terrace Tech Labs Private Limited
Terrace Tech Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kumar | Director | 22 Sep 2016 | 10 Years 0 Months | Current |
| Ankush Ranka | Director | 22 Sep 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of Terrace Tech Labs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Terrace Tech Labs Private Limited
Terrace Tech Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Terrace Tech Labs Private Limited
Terrace Tech Labs operates one associated brand: TTL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| TTL creates AI-driven tools, ventures, and systems for innovative industries worldwide. | terracetechlabs.com |
Employees and EPFO Compliance at Terrace Tech Labs Private Limited
Employment history and EPFO contributions of people linked to Terrace Tech Labs.
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 Terrace Tech Labs Private Limited
Terrace Tech Labs Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ankush Ranka was appointed as Director on 22 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Terrace Tech Labs 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 Terrace Tech Labs 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 Terrace Tech Labs 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 Terrace Tech Labs Private Limited
Terrace Tech Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT9445G1ZV | Karnataka | Active | 01 Jul 2017 |
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 Terrace Tech Labs 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.
Frequently Asked Questions about Terrace Tech Labs Private Limited
Terrace Tech Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 September 2016 (10+ years old) and is registered under CIN U72900KA2016PTC096656.
Terrace Tech Labs reported revenue of ₹45.77 Lakh for FY 2024 (down 41% YoY).
Terrace Tech Labs has 2 current directors:
- Vinod Kumar - Director
- Ankush Ranka - Director
Terrace Tech Labs reported a net profit of ₹5.38 Lakh (net margin 11.8%) and EBITDA of ₹10.62 Lakh (EBITDA margin 23.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Terrace Tech Labs is 9% over three years and 31% over five years. In the latest year (FY 2024) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Terrace Tech Labs is 29AAFCT9445G1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Terrace Tech Labs is U72900KA2016PTC096656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Terrace Tech Labs was incorporated on 22 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Terrace Tech Labs by revenue are Nminustwo Solutions Private Limited, Nyra Medical Solution Private Limited, 55Origins IT & Business Services Private Limited, Akarui Management Services Private Limited, Aspirion Solutions Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Ankush Ranka was appointed as Director on 22 Sep 2016. Vinod Kumar was appointed as Director on 22 Sep 2016.
Terrace Tech Labs can be reached through the website ttl.global. Its registered office is in Bangalore, Karnataka, India.