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Beez Innovation Labs Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.49 Cr
▲ 49% YoY
Net profit · FY 2024
₹48.68 Lakh
Net margin 10.8%
EBITDA · FY 2024
₹1.07 Cr
EBITDA margin 23.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.21 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Beez Innovation Labs Private Limited
Data last updated:
Beez Innovation Labs Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2018PTC121977. Its GSTIN is 33AAHCB7590A1ZW (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors including Varma Venkata Lakshmi Sreenadh Suryadevara and Venkatesan Karthikeyan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.49 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹48.68 Lakh (net margin 10.8%) and EBITDA of ₹1.07 Cr (EBITDA margin 23.9%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
The company is associated with 1 brand: BeezLabs. As per MCA filings, the company has open charges of ₹75 Lakh on record.
Beez Innovation Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0097386). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website beezlabs.com.
Company details
CIN U72900TN2018PTC121977
Registration Number 121977
Incorporation Date 09 April 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0097386
Key People
Varma Venkata Lakshmi Sreenadh Suryadevara Director Venkatesan Karthikeyan Director Mario Dominic Anthony Kumar Director Recognitions & Rankings of Beez Innovation Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0097386
Contact details
Beez Innovation Labs Private Limited's registered office is in Chennai, Tamil Nadu. Its website is beezlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressInnov8 Skcl Tech Square Guindy 2nd Floor Skcl Tech Square No.14 Sp, Sidcot.V.K Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Beez Innovation Labs Private Limited, buy the company report.
Comprehensive company report
Beez Innovation Labs 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
Beez Innovation Labs operates one associated brand: BeezLabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Visual analytics solutions are delivered via a cloud-based platform. | beezlabs.com |
Business activity
The main business activity of Beez Innovation Labs 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 Beez Innovation Labs Private Limited, buy the company report.
Financials of Beez Innovation Labs Private Limited
FY 2024 filings availableBeez Innovation Labs Private Limited reported revenue of ₹4.49 Cr (up 49% YoY) for FY 2024.
Revenue · FY 2024
₹4.49 Cr ▲ 49%
Net profit · FY 2024
₹48.68 Lakh margin 10.8%
EBITDA · FY 2024
₹1.07 Cr margin 23.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▲ 738%
3 years · compounded
▲ 145%
5 years · compounded
▲ 201%
Revenue has grown at a compounded annual rate (CAGR) of 44% over three years, including 49% growth in the latest year. EBITDA rose 738% 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 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.68 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.9% | ||||
| Net Profit Margin | 10.8% | ||||
| 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 Beez Innovation Labs Private Limited, buy the company report.
Board of directors of Beez Innovation Labs Private Limited
Beez Innovation Labs has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varma Venkata Lakshmi Sreenadh Suryadevara | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Venkatesan Karthikeyan | Director | 02 May 2021 | 5 Years 6 Months | Current |
| Mario Dominic Anthony Kumar | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Beez Innovation Labs Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Shinsei Technology (India) Private Limited | ₹4.5 Cr (FY 2025) | 90.0% | Koothattukulam, Kerala, India | |||
| Abacus Consultancy Services (India) Private Limited | ₹4.5 Cr (FY 2024) | -1.0% | Indore, Madhya Pradesh, India | |||
| Invincix Solutions Private Limited | ₹4.49 Cr (FY 2024) | 21.0% | Cuttack, Odisha, India | |||
| Pactic Media Concepts (OPC) Private Limited | ₹4.49 Cr (FY 2025) | 61.0% | Pune, Maharashtra, India | |||
| Beez Innovation Labs Private Limitedthis company | ₹4.49 Cr (FY 2024) | ₹48.68 Lakh | 10.8% | 49.0% | Chennai, Tamil Nadu, India | |
| Annecy Infomedia Private Limited | ₹4.48 Cr (FY 2024) | 173.0% | Secunderabad, Telangana, India | |||
| Altura Consulting Private Limited | ₹4.48 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Beez Innovation Labs Private Limited, buy the company report.
Auditor
Beez Innovation Labs Private Limited is audited by KARPAGAM KRISHNAN & NATRAJAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARPAGAM KRISHNAN & NATRAJAN | FY 2023 | 001748S |
Shareholding
The shareholding of Beez Innovation Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Beez Innovation Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2020 | 100365743 | State Bank of India | ₹75 Lakh | Open |
To see the full charge records of Beez Innovation Labs Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Beez Innovation 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 Beez Innovation Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Beez Innovation Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCB7590A1ZW | Tamil Nadu | Active | 13 Jul 2018 |
To see the full GST registrations and return filing status of Beez Innovation Labs Private Limited, buy the company report.
Recent activity
Beez Innovation Labs Private Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Mario Dominic Anthony Kumar ceased to be Additional Director on 30 Nov 2021.
AGM
Beez Innovation Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Beez Innovation Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with State Bank Of India of Rs. 75.00 Lakh registered on 03 Sep 2020 with Charge ID 100365743 was modified on 08 Sep 2023.
Ceased
Mario Dominic Anthony Kumar ceased to be Additional Director.
Ceased
Varma Venkata Lakshmi Sreenadh Suryadevara ceased to be Additional Director.
Ceased
Venkatesan Karthikeyan ceased to be Additional Director.
Ceased
Ganesaun Priyanka ceased to be Director.
Appointed
Venkatesan Karthikeyan was appointed as Director.
Ceased
Lincy Bose Bosco ceased to be Director.
Appointed
Mario Dominic Anthony Kumar was appointed as Director.
Appointed
Varma Venkata Lakshmi Sreenadh Suryadevara was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 75.00 Lakh with Charge ID 100365743 was registered on 03 Sep 2020.
2 earlier events are in the company report.
Frequently asked questions
Beez Innovation Labs is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 April 2018 (8+ years old) and is registered under CIN U72900TN2018PTC121977.
Beez Innovation Labs has 3 current directors:
- Varma Venkata Lakshmi Sreenadh Suryadevara - Director
- Venkatesan Karthikeyan - Director
- Mario Dominic Anthony Kumar - Director
The latest financial statements of Beez Innovation Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Beez Innovation Labs is 33AAHCB7590A1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Beez Innovation Labs is U72900TN2018PTC121977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Beez Innovation Labs was incorporated on 09 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Beez Innovation Labs by revenue are Shinsei Technology (India) Private Limited, Abacus Consultancy Services (India) Private Limited, Invincix Solutions Private Limited, Pactic Media Concepts (OPC) Private Limited, Annecy Infomedia Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mario Dominic Anthony Kumar ceased to be Additional Director on 30 Nov 2021. Varma Venkata Lakshmi Sreenadh Suryadevara ceased to be Additional Director on 30 Nov 2021. Venkatesan Karthikeyan ceased to be Additional Director on 30 Nov 2021. Beez Innovation Labs has 9 board changes on record in total.
Yes, Beez Innovation Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Beez Innovation Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0097386).
Beez Innovation Labs can be reached through the website beezlabs.com. Its registered office is in Chennai, Tamil Nadu, India.
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