Startup India Government of India
Adaptoid Labs India Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.28 Cr
▲ 73% YoY
Net profit · FY 2024
₹2.42 Cr
Net margin 16.9%
EBITDA · FY 2024
₹3.47 Cr
EBITDA margin 24.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
35
Provident fund records
Directors on board
2
As per MCA filings
About Adaptoid Labs India Private Limited
Data last updated:
Adaptoid Labs India Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC146194. Its GSTIN is 36AAUCA4249E1ZG (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajorshi Sharmacharya and Shridhar Narayan.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.28 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹2.42 Cr (net margin 16.9%) and EBITDA of ₹3.47 Cr (EBITDA margin 24.3%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Adaptoid Labs and Veritas Prime Labs.
Adaptoid Labs India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-09-0011318). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adaptoidlabs.com.
Company details
CIN U72900TG2020PTC146194
Registration Number 146194
Incorporation Date 24 November 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-TS-09-0011318
Recognitions & Rankings of Adaptoid Labs India
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-09-0011318
Contact details
Adaptoid Labs India Private Limited's registered office is in Hyderabad, Telangana. Its website is adaptoidlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy No 115/1 & 130/P 11th Floor Rajapushpa Summit, Nanakramguda Financial District, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Adaptoid Labs India Private Limited, buy the company report.
Comprehensive company report
Adaptoid Labs India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
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- Legal cases, compliance and MCA filings
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Brands
Adaptoid Labs India operates two associated brands: Adaptoid Labs and Veritas Prime Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers SAP BTP, SuccessFactors, integration, and payroll services to enterprises. | adaptoidlabs.com | |
| Provides HR software, ticketing tools, and SAP services for organizations worldwide. | veritasprimelabs.com |
Business activity
The main business activity of Adaptoid Labs India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Adaptoid Labs India Private Limited, buy the company report.
Financials of Adaptoid Labs India Private Limited
FY 2025 filings availableAdaptoid Labs India Private Limited reported revenue of ₹14.28 Cr (up 73% YoY) for FY 2024.
Revenue · FY 2024
₹14.28 Cr ▲ 73%
Net profit · FY 2024
₹2.42 Cr margin 16.9%
EBITDA · FY 2024
₹3.47 Cr margin 24.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 121%
EBITDA CAGR growth
1 year
▲ 200%
3 years · compounded
▲ 247%
Revenue has grown at a compounded annual rate (CAGR) of 121% over three years, including 73% growth in the latest year. EBITDA rose 200% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹3.47 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.42 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
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| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 24.3% | |||
| Net Profit Margin | 16.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Adaptoid Labs India Private Limited, buy the company report.
Board of directors of Adaptoid Labs India Private Limited
Adaptoid Labs India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shridhar Narayan Also directs: Hipl Universal LLP, Shreenath Lifestyle Private Limited, Taiyou Solar Private Limited and 5 more | Additional Director | 12 Jul 2025 | 1 Years 3 Months | Current |
| Rajorshi Sharmacharya | Director | 24 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Adaptoid Labs India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Contemi Trading Solutions (India) Private Limited | ₹14.32 Cr (FY 2025) | 43.0% | Delhi, India | |||
| Orangebits Digital Solutions Private Limited | ₹14.31 Cr (FY 2025) | 35.0% | Nagpur, Maharashtra, India | |||
| Kazuri Ventures Private Limited | ₹14.3 Cr (FY 2025) | -31.0% | Kochi, Kerala, India | |||
| Digit7 India Private Limited | ₹14.3 Cr (FY 2024) | -13.0% | Bangalore, Karnataka, India | |||
| Go Loop Solutions Private Limited | ₹14.29 Cr (FY 2025) | 115.0% | Ghaziabad, Uttar Pradesh, India | |||
| Adaptoid Labs India Private Limitedthis company | ₹14.28 Cr (FY 2024) | ₹2.42 Cr | 16.9% | 73.0% | 35 | Hyderabad, Telangana, India |
| Infotel IT Consulting Private Limited | ₹14.26 Cr (FY 2025) | 10.0% | Chennai, Tamil Nadu, India | |||
| Morphle Labs Private Limited | ₹14.25 Cr (FY 2024) | 29.0% | Bangalore, Karnataka, India | |||
| Agiliance India Private Limited | ₹14.25 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Webpros Solutions Private Limited | ₹14.25 Cr (FY 2025) | 24.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Iorta Technology Solutions Private Limited | ₹14.24 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Adaptoid Labs India Private Limited, buy the company report.
Auditor
Adaptoid Labs India Private Limited is audited by K N V DURGA PRASAD for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N V DURGA PRASAD | FY 2023 | 223621 |
Shareholding
The shareholding of Adaptoid Labs India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Adaptoid Labs India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adaptoid Labs India 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 Adaptoid Labs India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adaptoid Labs India Private Limited has a workforce of 35 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
52.17%
GST
Adaptoid Labs India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAUCA4249E1ZG | Telangana | Active | 20 Jan 2021 |
To see the full GST registrations and return filing status of Adaptoid Labs India Private Limited, buy the company report.
Recent activity
Adaptoid Labs India Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Shridhar Narayan was appointed as Additional Director on 12 Jul 2025.
AGM
Adaptoid Labs India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Shridhar Narayan was appointed as Additional Director.
Filing
Adaptoid Labs India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Raja Sekhar Kuncham ceased to be Director.
Appointed
Chandrasekhar Kuncham was appointed as Director.
Appointed
Rajorshi Sharmacharya was appointed as Director.
Incorporation
24 Nov 2020
Adaptoid Labs India Private Limited was registered on 24 Nov 2020 with Roc Hyderabad & aged 5 years 11 months as per MCA records.
Frequently asked questions
Adaptoid Labs India is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 November 2020 (6+ years old) and is registered under CIN U72900TG2020PTC146194.
Adaptoid Labs India has 2 current directors:
- Shridhar Narayan - Additional Director
- Rajorshi Sharmacharya - Director
The latest financial statements of Adaptoid Labs India 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 2021 are in the company report.
The GSTIN of Adaptoid Labs India is 36AAUCA4249E1ZG, registered in Telangana.
The CIN (Corporate Identification Number) of Adaptoid Labs India is U72900TG2020PTC146194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adaptoid Labs India was incorporated on 24 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Adaptoid Labs India by revenue are Contemi Trading Solutions (India) Private Limited, Orangebits Digital Solutions Private Limited, Kazuri Ventures Private Limited, Digit7 India Private Limited, Go Loop Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Shridhar Narayan was appointed as Additional Director on 12 Jul 2025. Raja Sekhar Kuncham ceased to be Director on 03 May 2021. Chandrasekhar Kuncham was appointed as Director on 24 Nov 2020. Adaptoid Labs India has 4 board changes on record in total.
Yes, Adaptoid Labs India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Adaptoid Labs India is registered as an MSME under Udyam registration (number: UDYAM-TS-09-0011318).
Adaptoid Labs India can be reached through the website adaptoidlabs.com. Its registered office is in Hyderabad, Telangana, India.
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