MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-27-0030465
True Data Labs Private Limited
True Data Labs Private Limited - information technology in Panvel, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹19.62 Lakh
▲ 49% YoY
Net profit · FY 2024
₹2.4 Lakh
Net margin 12.2%
EBITDA · FY 2024
₹3.2 Lakh
EBITDA margin 16.3%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About True Data Labs Private Limited
Data last updated:
True Data Labs Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 30 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC363021.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10,000. It is led by directors including Smit Ajit Lalai and Kenil Ashok Jain.
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 Shop No B – 10 Madhu Smita Chs Plot No 121 M.C.C.H. Road Opposite Mtnl Old Panvel, Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.62 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Lakh (net margin 12.2%) and EBITDA of ₹3.2 Lakh (EBITDA margin 16.3%).
True Data Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0030465).
Company Details of True Data Labs Private Limited
CIN U72900MH2021PTC363021
Registration Number 363021
Incorporation Date 30 June 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-27-0030465
Key People
Smit Ajit Lalai Director Kenil Ashok Jain Director Punit Mukesh Thakker Additional Director Recognitions & Rankings of True Data Labs
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No B – 10 Madhu Smita Chs Plot No 121 M.C.C.H. Road Opposite Mtnl Old Panvel, Maharashtra, India – 410206
- IndustryInformation Technology, Database Management & Solutions
Comprehensive company report
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Business Activity of True Data Labs Private Limited
The main business activity of True Data Labs is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of True Data Labs Private Limited FY 2025 filings available
True Data Labs Private Limited reported revenue of ₹19.62 Lakh (up 49% YoY) for FY 2024.
Revenue · FY 2024
₹19.62 Lakh ▲ 49%
Net profit · FY 2024
₹2.4 Lakh margin 12.2%
EBITDA · FY 2024
₹3.2 Lakh margin 16.3%
Compounded Annual Growth Rate (CAGR) of True Data Labs Private Limited
Revenue CAGR growth
1 year
▲ 49%
EBITDA CAGR growth
1 year
▲ 61%
Revenue rose 49% in the latest year. EBITDA rose 61% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of True Data Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹3.2 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.4 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 True Data Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 16.3% | •••• | •••• |
| Net Profit Margin | 12.2% | •••• | •••• |
| 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 True Data Labs are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
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Board of Directors of True Data Labs Private Limited
True Data Labs has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smit Ajit Lalai Also directs: Oneroof Technologies LLP, Iraj Tech Labs Private Limited, Hyworth Solar Park Venture Rajasthan One Private Limited and 5 more | Director | 30 Jun 2021 | 5 Years 3 Months | Current |
| Kenil Ashok Jain Also directs: Oneroof Technologies LLP, Iraj Tech Labs Private Limited, Oneroof Technology Services Private Limited and 1 more | Director | 30 Jun 2021 | 5 Years 3 Months | Current |
| Punit Mukesh Thakker Also directs: Bhavana Financial Advisors LLP, Bhavana Televentures Limited, Bhavana Teletech Private Limited and 2 more | Additional Director | 15 Nov 2025 | 0 Years 11 Months | Current |
| Neeta Apurva Thakker Also directs: Urban Sip Beverages Private Limited | Additional Director | 15 Nov 2025 | 0 Years 11 Months | Current |
Peer Comparison of True Data Labs Private Limited
True Data Labs Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pravesh Global Consulting Private Limited | ₹19.95 Lakh (FY 2025) | •••• | •••• | -72.0% | •••• | Chennai, Tamil Nadu, India |
| Menalwell Technologies Private Limited | ₹19.88 Lakh (FY 2019) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Dimri Business Support Solutions Private Limited | ₹19.76 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Chandigarh, India |
| Gladguru Marketing Private Limited | ₹19.63 Lakh (FY 2025) | •••• | •••• | 220.0% | •••• | New Delhi, Delhi, India |
| Infallible Data Analytics & Research Private Limited | ₹19.63 Lakh (FY 2025) | •••• | •••• | 83.0% | •••• | Delhi, India |
| True Data Labs Private Limited this company | ₹19.62 Lakh (FY 2024) | •••• | •••• | 49.0% | •••• | Panvel, Maharashtra, India |
| Esem Infostreamz Private Limited | ₹19.57 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Prism Scan Express Private Limited | ₹19.53 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Harasiddh Builders and Developers Pvt Ltd | ₹19.5 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Mumbai, Maharashtra, India |
| Aikon Labs Private Limited | ₹19.44 Lakh (FY 2025) | •••• | •••• | 231.0% | •••• | Pune, Maharashtra, India |
| Delta Exeon Technologies Private Limited | ₹19.38 Lakh (FY 2022) | •••• | •••• | •••• | Mysore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below True Data Labs by revenue in the Information Technology industry (Database Management), 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 True Data Labs Private Limited
True Data Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at True Data Labs Private Limited
Employment history and EPFO contributions of people linked to True Data Labs.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on True Data Labs Private Limited
True Data Labs Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Neeta Apurva Thakker was appointed as Additional Director on 15 Nov 2025.
Appointed
Neeta Apurva Thakker was appointed as Additional Director.
Appointed
Punit Mukesh Thakker was appointed as Additional Director.
AGM
True Data Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
True Data Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Kenil Ashok Jain was appointed as Director.
Appointed
Smit Ajit Lalai was appointed as Director.
Incorporation
30 Jun 2021
True Data Labs Private Limited was registered on 30 Jun 2021 with Roc Mumbai Ii & aged 5 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for True Data Labs Private Limited
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MSME Payment Delays by True Data Labs Private Limited
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Subsidiaries & Group Companies of True Data Labs Private Limited
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Corporate group structure
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GST Compliance of True Data Labs Private Limited
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MCA Filings & Documents of True Data Labs Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about True Data Labs Private Limited
True Data Labs is an active private limited company based in Panvel, Maharashtra, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 30 June 2021 (5+ years old) and is registered under CIN U72900MH2021PTC363021.
True Data Labs reported revenue of ₹19.62 Lakh for FY 2024 (up 49% YoY).
True Data Labs has 4 current directors:
- Smit Ajit Lalai - Director
- Kenil Ashok Jain - Director
- Punit Mukesh Thakker - Additional Director
- Neeta Apurva Thakker - Additional Director
True Data Labs reported a net profit of ₹2.4 Lakh (net margin 12.2%) and EBITDA of ₹3.2 Lakh (EBITDA margin 16.3%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of True Data Labs is U72900MH2021PTC363021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Data Labs was incorporated on 30 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of True Data Labs by revenue are Pravesh Global Consulting Private Limited, Menalwell Technologies Private Limited, Dimri Business Support Solutions Private Limited, Gladguru Marketing Private Limited, Infallible Data Analytics & Research Private Limited and 5 more, all in the Information Technology industry (Database Management).
Neeta Apurva Thakker was appointed as Additional Director on 15 Nov 2025. Punit Mukesh Thakker was appointed as Additional Director on 15 Nov 2025. Kenil Ashok Jain was appointed as Director on 30 Jun 2021. True Data Labs has 4 board changes on record in total.
Yes, True Data Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-27-0030465).
The registered office of True Data Labs is at Shop No B – 10 Madhu Smita Chs Plot No 121 M.C.C.H. Road Opposite Mtnl Old Panvel, Maharashtra, India – 410206.
True Data Labs has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10,000.