XRM Labs Private Limited
About XRM Labs Private Limited
Data last updated:
XRM Labs Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 24 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72300UP2013PTC057931. Its GSTIN is 09AAACX1420C2ZU (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Bhaskar Devansh Bajpai and Bhaskar Shah.
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 B – 1132 2nd Floor Indira Nagar, Lucknow, Uttar Pradesh, India – 226016.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.27 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹9.28 Lakh (net margin 2.8%) and EBITDA of ₹35.63 Lakh (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 19% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB – 1132 2nd Floor Indira Nagar, Lucknow, Uttar Pradesh, India – 226016
- IndustryInformation Technology, Data Processing
- 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
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Business Activity of XRM Labs Private Limited
The main business activity of XRM Labs is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | 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 XRM Labs Private Limited FY 2025 filings available
XRM Labs Private Limited reported revenue of ₹3.27 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of XRM Labs Private Limited
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 58% 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 XRM Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹35.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.28 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 XRM Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 XRM Labs are in the company report.
Financial statements from 2015
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 XRM Labs Private Limited
XRM Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Scientific research and development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedicinals India Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
| Symbol Discovery Private Limited | ₹3.33 Cr (FY 2024) | •••• | •••• | 255.0% | •••• | Hyderabad, Telangana, India |
| Par Biosciences Private Limited | ₹3.31 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Sukhino Crop Science Private Limited | ₹3.31 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| SK Pharmatech Solutions Private Limited | ₹3.28 Cr (FY 2025) | •••• | •••• | 177.0% | •••• | Anakapalle, Andhra Pradesh, India |
| XRM Labs Private Limited this company | ₹3.27 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Lucknow, Uttar Pradesh, India |
| Bengaluru Genomics Center Private Limited | ₹3.27 Cr (FY 2023) | •••• | •••• | -82.0% | •••• | Bangalore, Karnataka, India |
| Mediception Science Private Limited | ₹3.27 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Gurgaon, Haryana, India |
| Population Health Insights Private Limited | ₹3.26 Cr (FY 2023) | •••• | •••• | 277.0% | •••• | Lucknow, Uttar Pradesh, India |
| Up Testing Laboratory Private Limited | ₹3.24 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Arthtech Consultants Private Limited | ₹3.23 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below XRM Labs by revenue in the same principal business activity (Scientific research and development), 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 XRM Labs Private Limited
XRM Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskar Devansh Bajpai | Director | 14 Feb 2024 | 2 Years 7 Months | Current |
| Bhaskar Shah | Director | 14 Feb 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of XRM 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 XRM Labs Private Limited
XRM Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at XRM Labs Private Limited
XRM Labs Private Limited has a workforce of 24 employees as of Apr 10, 2024.
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 XRM Labs Private Limited
XRM Labs Private Limited has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Devashish Bajpai ceased to be Director on 16 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for XRM 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 XRM 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 XRM 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 XRM Labs Private Limited
XRM Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACX1420C2ZU | Uttar Pradesh | Active | 20 Jan 2021 |
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 XRM 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 XRM Labs Private Limited
XRM Labs is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in data processing, within the information technology industry. It was incorporated on 24 June 2013 (13+ years old) and is registered under CIN U72300UP2013PTC057931.
XRM Labs reported revenue of ₹3.27 Cr for FY 2025 (down 18% YoY).
XRM Labs has 2 current directors:
- Bhaskar Devansh Bajpai - Director
- Bhaskar Shah - Director
XRM Labs reported a net profit of ₹9.28 Lakh (net margin 2.8%) and EBITDA of ₹35.63 Lakh (EBITDA margin 10.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of XRM Labs is 21% over three years and 19% over five years. In the latest year (FY 2025) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of XRM Labs is 09AAACX1420C2ZU, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of XRM Labs is U72300UP2013PTC057931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
XRM Labs was incorporated on 24 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of XRM Labs by revenue are Vedicinals India Private Limited, Symbol Discovery Private Limited, Par Biosciences Private Limited, Sukhino Crop Science Private Limited, SK Pharmatech Solutions Private Limited and 5 more, all in the same principal business activity (Scientific research and development).
Devashish Bajpai ceased to be Director on 16 Feb 2024. Swati Bajpai ceased to be Director on 16 Feb 2024. Bhaskar Devansh Bajpai was appointed as Director on 14 Feb 2024. XRM Labs has 4 board changes on record in total.
The registered office of XRM Labs is at B – 1132 2nd Floor Indira Nagar, Lucknow, Uttar Pradesh, India – 226016.