Welabs Private Limited
About Welabs Private Limited
Data last updated:
Welabs Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 08 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC152882.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Padma Priya Balasundaram and Shailaja Ganesan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ag 10 Oasis Breeze Apartments D Block 6th Main Aecs Layout Marathahalli, Bengaluru, Karnataka, India – 560037.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹10,185 (net margin -9.9%) and EBITDA of -₹10,182 (EBITDA margin -9.9%).
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- Registered AddressAg 10 Oasis Breeze Apartments D Block 6th Main Aecs Layout Marathahalli, Bengaluru, Karnataka, India – 560037
- IndustryInformation Technology, Other Computer Related Activities
- 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 Welabs Private Limited
The main business activity of Welabs is professional, scientific and technical activities. 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 activities | 74 | 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 Welabs Private Limited FY 2024 filings available
Welabs Private Limited reported revenue of ₹1.02 Lakh (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Welabs Private Limited
Revenue fell 50% in the latest year. EBITDA fell 34% 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 Welabs Private Limited
| Metrics | FY 2024-25 | 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 | -₹10,182 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10,185 | •••• | •••• | •••• |
| 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 Welabs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -9.9% | •••• | •••• | •••• |
| Net Profit Margin | -9.9% | •••• | •••• | •••• |
| 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 Welabs are in the company report.
Financial statements from FY 2022
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 Welabs Private Limited
Welabs 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 |
|---|---|---|---|---|---|---|
| 4Nexus Desert Rivers Creatives Private Limited | ₹1.03 Lakh (FY 2020) | •••• | •••• | -76.0% | •••• | Pune, Maharashtra, India |
| Bride & Style Magazines Private Limited | ₹1.03 Lakh (FY 2020) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Garud Survey Private Limited | ₹1.03 Lakh (FY 2020) | •••• | •••• | •••• | Bikaner, Rajasthan, India | |
| Irasuk International Private Limited | ₹1.02 Lakh (FY 2021) | •••• | •••• | •••• | Gopalpur, West Bengal, India | |
| House of Abiti Private Limited | ₹1.02 Lakh (FY 2025) | •••• | •••• | 101491.0% | •••• | Mumbai, Maharashtra, India |
| Welabs Private Limited this company | ₹1.02 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Bengaluru, Karnataka, India |
| Jai Bhikshu Prints Private Limited | ₹1.02 Lakh (FY 2018) | •••• | •••• | -96.0% | •••• | Surat, Gujarat, India |
| Asimte Consultant India Private Limited | ₹1.02 Lakh (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Sanguine Testing and Research Laboratory Private Limited | ₹1.02 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Faridabad, Haryana, India |
| Panache Interactive Services Private Limited | ₹1.02 Lakh (FY 2016) | •••• | •••• | -39.0% | •••• | Ahmedabad, Gujarat, India |
| IT Solutions All in One Private Limited | ₹1.02 Lakh (FY 2023) | •••• | •••• | •••• | Vidisha, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Welabs 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.
Board of Directors of Welabs Private Limited
Welabs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padma Priya Balasundaram | Director | 08 Oct 2021 | 5 Years 0 Months | Current |
| Shailaja Ganesan | Director | 08 Oct 2021 | 5 Years 0 Months | Current |
Charges & Borrowings of Welabs Private Limited
Welabs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Welabs Private Limited
Employment history and EPFO contributions of people linked to Welabs.
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 Welabs Private Limited
Welabs Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Padma Priya Balasundaram was appointed as Director on 08 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Welabs 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 Welabs 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 Welabs 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 Welabs 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 Welabs 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 Welabs Private Limited
Welabs is an active private limited company based in Bengaluru, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 08 October 2021 (5+ years old) and is registered under CIN U72900KA2021PTC152882.
Welabs reported revenue of ₹1.02 Lakh for FY 2025 (down 50% YoY).
Welabs has 2 current directors:
- Padma Priya Balasundaram - Director
- Shailaja Ganesan - Director
Welabs reported a net loss of ₹10,185 (net margin -9.9%) and EBITDA of -₹10,182 (EBITDA margin -9.9%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Welabs is U72900KA2021PTC152882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welabs was incorporated on 08 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Welabs by revenue are 4Nexus Desert Rivers Creatives Private Limited, Bride & Style Magazines Private Limited, Garud Survey Private Limited, Irasuk International Private Limited, House of Abiti Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Padma Priya Balasundaram was appointed as Director on 08 Oct 2021. Shailaja Ganesan was appointed as Director on 08 Oct 2021.
The registered office of Welabs is at Ag 10 Oasis Breeze Apartments D Block 6th Main Aecs Layout Marathahalli, Bengaluru, Karnataka, India – 560037.
Welabs has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh.
Welabs operates in the information technology industry, in the other computer related activities segment.