X38 AI Labs Private Limited
About X38 AI Labs Private Limited
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X38 AI Labs Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 11 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC318132.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mahendra Kailas Bhoir and Pankaj Kaluram Gharat.
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 House No.663 At Dalkhangaon Khardi Station East Shahapur, Thane, Maharashtra, India – 421601.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹18,769 (net margin 0.7%) and EBITDA of ₹32,769 (EBITDA margin 1.3%).
Company details
Contact details
X38 AI Labs Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No.663 At Dalkhangaon Khardi Station East Shahapur, Thane, Maharashtra, India – 421601
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of X38 AI 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
Business activity
The main business activity of X38 AI Labs is professional, scientific and technical activities. 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 activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of X38 AI Labs Private Limited, buy the company report.
Financials of X38 AI Labs Private Limited
FY 2025 filings availableX38 AI Labs Private Limited reported revenue of ₹25.97 Lakh (up 1631% YoY) for FY 2023.
Financial Statement Summary
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| EBITDA | ₹32,769 | ||||
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| Net Profit (PAT) | ₹18,769 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of X38 AI Labs Private Limited, buy the company report.
Board of directors of X38 AI Labs Private Limited
X38 AI Labs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kailas Bhoir Also directs: MJVS Fashion Services Private Limited | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
| Pankaj Kaluram Gharat | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
| Tushar Ramesh Pawar Also directs: Nodeworks Netsolution Private Limited | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
X38 AI Labs Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Wda Design Studio Private Limited | ₹25.99 Lakh (FY 2025) | Tirupati, Andhra Pradesh, India | ||||
| Megacity Techno Services Private Limited | ₹25.98 Lakh (FY 2025) | 56.0% | Kolkata, West Bengal, India | |||
| X38 AI Labs Private Limitedthis company | ₹25.97 Lakh (FY 2023) | ₹18,769 | 0.7% | 1631.0% | Thane, Maharashtra, India | |
| Zeevolve Private Limited | ₹25.97 Lakh (FY 2025) | 31.0% | New Delhi, Delhi, India | |||
| Mangalam Business Centre Services Private Limited | ₹25.96 Lakh (FY 2025) | -63.0% | Kolkata, West Bengal, India | |||
| Kreya IT Consulting Private Limited | ₹25.96 Lakh (FY 2025) | -75.0% | Greater Noida, Uttar Pradesh, India |
To see the full peer comparison of X38 AI Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving X38 AI 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 X38 AI Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for X38 AI Labs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
X38 AI Labs Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Mahendra Kailas Bhoir was appointed as Director on 11 Dec 2018.
Frequently asked questions
X38 AI Labs is an active private limited company based in Thane, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 11 December 2018 (8+ years old) and is registered under CIN U72900MH2018PTC318132.
X38 AI Labs has 3 current directors:
- Mahendra Kailas Bhoir - Director
- Pankaj Kaluram Gharat - Director
- Tushar Ramesh Pawar - Director
The latest financial statements of X38 AI Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of X38 AI Labs is U72900MH2018PTC318132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
X38 AI Labs was incorporated on 11 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of X38 AI Labs by revenue are Wda Design Studio Private Limited, Megacity Techno Services Private Limited, Zeevolve Private Limited, Mangalam Business Centre Services Private Limited, Kreya IT Consulting Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Mahendra Kailas Bhoir was appointed as Director on 11 Dec 2018. Pankaj Kaluram Gharat was appointed as Director on 11 Dec 2018. Tushar Ramesh Pawar was appointed as Director on 11 Dec 2018.
The registered office of X38 AI Labs is at House No.663 At Dalkhangaon Khardi Station East Shahapur, Thane, Maharashtra, India – 421601.
X38 AI Labs operates in the information technology industry, in the other computer related activities segment.
X38 AI Labs can be reached at its registered office: House No.663 At Dalkhangaon Khardi Station East Shahapur, Thane, Maharashtra, India – 421601.
X38 AI Labs is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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