About Xgrowlab Solutions Private Limited
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Xgrowlab Solutions 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 01 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC126733. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors Adittya Pramodkumar Joshi and Nandan S Kedlaya.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 58 5th Main Brindavan Ext Near Arekere Mico Layout Bus Stop Bannerghatta Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2021, the company reported a revenue of ₹91.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.85 Lakh (net margin 15.2%) and EBITDA of ₹19.38 Lakh (EBITDA margin 21.3%).
The company is associated with 1 brand: xGrow.
For more details, the company can be reached via its website xgrow.in.
Company details
Contact details
Xgrowlab Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is xgrow.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address58 5th Main Brindavan Ext Near Arekere Mico Layout Bus Stop Bannerghatta Road, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Xgrowlab Solutions 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 Xgrowlab Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Xgrowlab Solutions Private Limited, buy the company report.
Financials of Xgrowlab Solutions Private Limited
FY 2021 filings availableXgrowlab Solutions Private Limited reported revenue of ₹91.19 Lakh (up 1107% YoY) for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹91.19 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹19.38 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹13.85 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
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 21.3% | |
| Net Profit Margin | 15.2% | |
| 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 | ||
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| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Xgrowlab Solutions Private Limited, buy the company report.
Board of directors of Xgrowlab Solutions Private Limited
Xgrowlab Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adittya Pramodkumar Joshi | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Nandan S Kedlaya Also directs: Frontfold Digital Solutions LLP, N2 Natural Wellness India LLP | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
Peer comparison
Xgrowlab Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Carretx Technologies Private Limited | ₹91.22 Lakh (FY 2024) | 80.0% | Bangalore, Karnataka, India | |||
| CNR Technologies Private Limited | ₹91.21 Lakh (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Assertic BPO (OPC) Private Limited | ₹91.2 Lakh (FY 2024) | -81.0% | Bhubaneswar, Odisha, India | |||
| Tru Informations and Systems Private Limited | ₹91.2 Lakh (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Addis Rubicon Private Limited | ₹91.2 Lakh (FY 2021) | Jaipur, Rajasthan, India | ||||
| Xgrowlab Solutions Private Limitedthis company | ₹91.19 Lakh (FY 2021) | ₹13.85 Lakh | 15.2% | 1107.0% | Bangalore, Karnataka, India | |
| Graditi Technology Private Limited | ₹91.14 Lakh (FY 2022) | 3617.0% | Kapadvanj, Gujarat, India | |||
| Samvaad Infotech Private Limited | ₹91.11 Lakh (FY 2025) | -10.0% | Hyderabad, Telangana, India | |||
| Traform Travel Technologies India Private Limited | ₹91.11 Lakh (FY 2023) | -58.0% | Bangalore, Karnataka, India | |||
| Madbee Mobility Solutions Private Limited | ₹91.09 Lakh (FY 2024) | -68.0% | Chennai, Tamil Nadu, India | |||
| Amhala Private Limited | ₹91.09 Lakh (FY 2025) | 52.0% | Kinwat, Maharashtra, India |
To see the full peer comparison of Xgrowlab Solutions Private Limited, buy the company report.
Auditor
Xgrowlab Solutions Private Limited is audited by A SAURABH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SAURABH & CO | FY 2021 | 028143C |
Shareholding
The shareholding of Xgrowlab Solutions Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Xgrowlab Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Xgrowlab Solutions 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 Xgrowlab Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Xgrowlab Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Xgrowlab Solutions Private Limited, buy the company report.
Recent activity
Xgrowlab Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Adittya Pramodkumar Joshi was appointed as Director on 01 Aug 2019.
Frequently asked questions
Xgrowlab Solutions 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 01 August 2019 (7+ years old) and is registered under CIN U72900KA2019PTC126733.
Xgrowlab Solutions has 2 current directors:
- Adittya Pramodkumar Joshi - Director
- Nandan S Kedlaya - Director
The latest financial statements of Xgrowlab Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from FY 2020 are in the company report.
No. Xgrowlab Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Xgrowlab Solutions is U72900KA2019PTC126733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xgrowlab Solutions was incorporated on 01 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Xgrowlab Solutions by revenue are Carretx Technologies Private Limited, CNR Technologies Private Limited, Assertic BPO (OPC) Private Limited, Tru Informations and Systems Private Limited, Addis Rubicon Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Adittya Pramodkumar Joshi was appointed as Director on 01 Aug 2019. Nandan S Kedlaya was appointed as Director on 01 Aug 2019.
Xgrowlab Solutions can be reached through the website xgrow.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Xgrowlab Solutions is at 58 5th Main Brindavan Ext Near Arekere Mico Layout Bus Stop Bannerghatta Road, Bangalore, Karnataka, India – 560076.
Xgrowlab Solutions operates in the information technology industry, in the application development and software solutions segment.
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