DPIIT recognised startup Government of India
Startup India
Appzen Labs India Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.44 Cr
▲ 19% YoY
Net profit · FY 2025
₹5.15 Cr
Net margin 9.8%
EBITDA · FY 2025
₹7.92 Cr
EBITDA margin 15.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
130
Provident fund records
Directors on board
3
As per MCA filings
About Appzen Labs India Private Limited
Data last updated:
Appzen Labs India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Appzen, Inc and recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019PTC182971. Its GSTIN is 27AASCA0803A1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anant Dattatraya Kale and Kunal Balaji Verma.
Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.44 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹5.15 Cr (net margin 9.8%) and EBITDA of ₹7.92 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 40% over five years.
The company has about 130 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AppZen.
For more details, the company can be reached via its website appzen.com.
Company details
CIN U72900PN2019PTC182971
Registration Number 182971
Incorporation Date 25 March 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Appzen, Inc
DPIIT Recognition Recognised Startup
Key People
Anant Dattatraya Kale Director Kunal Balaji Verma Director Mandar Sudhakar Munagekar Director Recognitions & Rankings of Appzen Labs India
Contact details
Appzen Labs India Private Limited's registered office is in Pune, Maharashtra. Its website is appzen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 1A 1B And 2B 1st Floor And 2nd Floor Pv House F.P.No.85/2 3 4 5 Damale Path, Erandwane, Pune, Maharashtra, India – 411004
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Appzen Labs India Private Limited, buy the company report.
Comprehensive company report
Appzen Labs India Private Limited - one report that includes everything
- 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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Brands
Appzen Labs India operates one associated brand: AppZen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Personal Assistant for Expense Management | appzen.com |
Business activity
The main business activity of Appzen 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 Appzen Labs India Private Limited, buy the company report.
Financials of Appzen Labs India Private Limited
FY 2025 filings availableAppzen Labs India Private Limited reported revenue of ₹52.44 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹52.44 Cr ▲ 19%
Net profit · FY 2025
₹5.15 Cr margin 9.8%
EBITDA · FY 2025
₹7.92 Cr margin 15.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 16%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 9%
5 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 19% growth in the latest year. EBITDA rose 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.15 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 9.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Appzen Labs India Private Limited, buy the company report.
Board of directors of Appzen Labs India Private Limited
Appzen Labs India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anant Dattatraya Kale | Director | 09 May 2019 | 7 Years 6 Months | Current |
| Kunal Balaji Verma | Director | 09 May 2019 | 7 Years 6 Months | Current |
| Mandar Sudhakar Munagekar | Director | 25 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Appzen Labs India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Software Services), with 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 |
|---|---|---|---|---|---|---|
| Inadev India Private Limited | ₹52.97 Cr (FY 2024) | 28.0% | Kolkata, West Bengal, India | |||
| Appzen Labs India Private Limitedthis company | ₹52.44 Cr (FY 2025) | ₹5.15 Cr | 9.8% | 19.0% | 130 | Pune, Maharashtra, India |
| Skillsoft Software Services India Private Limited | ₹52.42 Cr (FY 2022) | -5.0% | Bangalore, Karnataka, India | |||
| Addsoft Technologies Limited | ₹52.03 Cr (FY 2025) | 60.0% | Cuttack, Odisha, India | |||
| Aosta India Private Limited | ₹51.82 Cr (FY 2024) | 13.0% | Coimbatore, Tamil Nadu, India | |||
| Ncircle Tech Private Limited | ₹51.36 Cr (FY 2024) | 31.0% | Pune, Maharashtra, India |
To see the full peer comparison of Appzen Labs India Private Limited, buy the company report.
Auditor
Appzen Labs India Private Limited is audited by JOSHI APTE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI APTE & CO | FY 2021 | 104370W |
Shareholding
The shareholding of Appzen Labs India 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 Appzen Labs India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Appzen 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 Appzen Labs India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Appzen Labs India Private Limited has a workforce of 130 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
130
Active EPFO establishments
1
Employee growth
-0.76%
GST
Appzen Labs India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA0803A1Z5 | Maharashtra | Active | 30 Mar 2019 |
To see the full GST registrations and return filing status of Appzen Labs India Private Limited, buy the company report.
Recent activity
Appzen Labs India Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Anant Dattatraya Kale ceased to be Additional Director on 10 Aug 2020.
AGM
Appzen Labs India Private Limited last Annual general meeting of members was held on 05 Aug 2025 as per latest MCA records.
Filing
Appzen Labs India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Anant Dattatraya Kale ceased to be Additional Director.
Ceased
Naresh Bansal ceased to be Additional Director.
Ceased
Sunila Sudhakar Mungekar ceased to be Director.
Appointed
Anant Dattatraya Kale was appointed as Director.
Appointed
Kunal Balaji Verma was appointed as Director.
Appointed
Mandar Sudhakar Munagekar was appointed as Director.
Incorporation
25 Mar 2019
Appzen Labs India Private Limited was registered on 25 Mar 2019 with Roc Pune & aged 7 years 7 months as per MCA records.
News
Frequently asked questions
Appzen Labs India is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 25 March 2019 (7+ years old) and is registered under CIN U72900PN2019PTC182971.
Appzen Labs India has 3 current directors:
- Anant Dattatraya Kale - Director
- Kunal Balaji Verma - Director
- Mandar Sudhakar Munagekar - Director
The latest financial statements of Appzen Labs India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 August 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Appzen Labs India is 27AASCA0803A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Appzen Labs India is U72900PN2019PTC182971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appzen Labs India was incorporated on 25 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Appzen Labs India by revenue are Inadev India Private Limited, Skillsoft Software Services India Private Limited, Addsoft Technologies Limited, Aosta India Private Limited, Ncircle Tech Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Anant Dattatraya Kale ceased to be Additional Director on 10 Aug 2020. Naresh Bansal ceased to be Additional Director on 10 Aug 2020. Sunila Sudhakar Mungekar ceased to be Director on 04 Aug 2020. Appzen Labs India has 6 board changes on record in total.
Yes, Appzen Labs India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Appzen Labs India can be reached through the website appzen.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Appzen Labs India is at Unit No. 1A 1B And 2B 1st Floor And 2nd Floor Pv House F.P.No.852 3 4 5 Damale Path, Erandwane, Pune, Maharashtra, India – 411004.
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