About BT Techlabs Private Limited
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BT Techlabs Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 26 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC303569. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.08 Cr and a paid-up capital of ₹93.51 Lakh. It is led by directors Vidit Jain and Shridhar Gupta.
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 N – 507 C – 1/5 Nitika Tower – I Naniwala Bagh Commercial Complex Azadpur, Delhi, India – 110033.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.66 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹1.82 Cr and EBITDA of -₹1.82 Cr. Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 50% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LocoNav. As per MCA filings, the company has satisfied charges of ₹5 Cr on record. The company has 8 deals on record (4 funding rounds, 2 secondary share transfers, 2 rights issues), with disclosed funding of ₹339 Cr; the latest was in June 2021. Its 10 peer companies in the Information Technology industry (Geographic Information System) are compared by revenue, 5 larger and 5 smaller; the largest is True Geo Aerotech Private Limited. The company has 3 MSME Form 1 returns on record between 2020 and 2021, listing 54 overdue payments to 19 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website loconav.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressN – 507 C – 1/5 Nitika Tower – I Naniwala Bagh Commercial Complex Azadpur, Delhi, India – 110033
- IndustryInformation Technology, Geographic Information System (GIS) Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of BT Techlabs Private Limited
The main business activity of BT Techlabs is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 BT Techlabs Private Limited FY 2024 filings available
BT Techlabs Private Limited reported revenue of ₹35.66 Lakh (down 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of BT Techlabs Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 91% fall in the latest year. EBITDA fell 204% 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 BT Techlabs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.82 Cr | •••• | •••• | •••• | •••• |
| 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 BT Techlabs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 BT Techlabs are in the company report.
Financial statements from FY 2017
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 BT Techlabs Private Limited
BT Techlabs Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Geographic Information System). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| True Geo Aerotech Private Limited | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| Santwissen Technology Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Tracking Mantra Solutions Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Studio Kunst Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Satway Infosystems Private Limited | •••• | •••• | •••• | •••• | - | Aluva, Kerala, India |
| BT Techlabs Private Limited this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Xpertii On-Air Tracking Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Pan Network Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Walmikee Surveyors and Contractors Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Global Tech Info Solutions Private Limited | •••• | •••• | •••• | •••• | - | Navimumbai, Maharashtra, India |
| Omega Analytics Private Limited | •••• | •••• | •••• | •••• | - | Bangalore. 560046., Karnataka, India |
Peers are the five companies nearest above and the five nearest below BT Techlabs by revenue in the Information Technology industry (Geographic Information System), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of BT Techlabs Private Limited
BT Techlabs Private Limited is audited by Vinod Kumar & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vinod Kumar & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of BT Techlabs Private Limited
BT Techlabs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidit Jain Also directs: Loconav India Private Limited | Director | 26 Jul 2016 | 10 Years 2 Months | Current |
| Shridhar Gupta Also directs: Loconav India Private Limited | Director | 26 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of BT Techlabs 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 BT Techlabs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2020 | Others | ₹5 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of BT Techlabs Private Limited
BT Techlabs Private Limited has 8 deals on record (4 funding rounds, 2 secondary share transfers, 2 rights issues), with disclosed funding of ₹339 Cr; the latest was in June 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Funding round · Series B | ₹274.73 Cr | Investors: Peak XV Partners (Sequoia India and SEA), Quiet Capital, Anthemis Group |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: Loconav Esop Trust Seller: 2 individuals |
| Jan 2019 | Funding round · Series B | ₹28 Cr | Investors: Peak XV Partners (Sequoia India and SEA) |
| Oct 2017 | Funding round · Series A | ₹22.07 Cr | Investors: Peak XV Partners (Sequoia India and SEA), an individual |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by BT Techlabs Private Limited
BT Techlabs Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 54 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Loconav India Private Limited | •••• | •••• | •••• |
| Lepton Software Export & Research Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ri Networks Private Limited | •••• | •••• | •••• |
| Itriangle Infotech Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with BT Techlabs Private Limited
BT Techlabs operates one associated brand: LocoNav. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform offering fleet management for businesses | loconav.com |
Employees and EPFO Compliance at BT Techlabs Private Limited
BT Techlabs Private Limited has a workforce of 62 employees as of Mar 30, 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.
CIN History of BT Techlabs Private Limited
BT Techlabs has one previous CIN (Corporate Identification Number): U72900DL2016PTC303569. The current CIN is U74999DL2016PTC303569, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL2016PTC303569 | Current |
| U72900DL2016PTC303569 | Previous |
Recent Activity on BT Techlabs Private Limited
BT Techlabs Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Shailesh Lakhani ceased to be Nominee Director on 14 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for BT Techlabs 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.
Subsidiaries & Group Companies of BT Techlabs 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 BT Techlabs Private Limited
BT Techlabs has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 BT Techlabs 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 BT Techlabs Private Limited
BT Techlabs is an active private limited company based in Delhi, India. The company works in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 26 July 2016 (10+ years old) and is registered under CIN U74999DL2016PTC303569.
BT Techlabs reported revenue of ₹35.66 Lakh for FY 2024 (down 91% YoY).
BT Techlabs has 2 current directors:
- Vidit Jain - Director
- Shridhar Gupta - Director
BT Techlabs reported a net loss of ₹1.82 Cr and EBITDA of -₹1.82 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of BT Techlabs is -70% over three years and -50% over five years. In the latest year (FY 2024) revenue fell 91%. CAGR is the steady yearly rate that links the first and the last year.
No. BT Techlabs has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of BT Techlabs is U74999DL2016PTC303569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BT Techlabs was incorporated on 26 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
BT Techlabs has 8 deals on record (4 funding rounds, 2 secondary share transfers, 2 rights issues), with disclosed funding of ₹339 Cr; the latest was in June 2021.
The peers of BT Techlabs by revenue are True Geo Aerotech Private Limited, Santwissen Technology Solutions Private Limited, Tracking Mantra Solutions Private Limited, Studio Kunst Private Limited, Satway Infosystems Private Limited and 5 more, all in the Information Technology industry (Geographic Information System).
Shailesh Lakhani ceased to be Nominee Director on 14 Jul 2020. Shridhar Gupta ceased to be Director on 29 Jun 2020. Vidit Jain ceased to be Director on 29 Jun 2020. BT Techlabs has 5 board changes on record in total.
Yes, BT Techlabs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).