About Bytes Technolab Private Limited
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Bytes Technolab Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC111031. Its GSTIN is 24AAICB7709E1ZT (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Bhavik Sureshbhai Shah and Bhaveshkumar Ishvarlal Surani.
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 D – 807 The First B/S Keshavbaug Party Plot B/H Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.91 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 12.3%) and EBITDA of ₹3.61 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 125% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bytes TechnoLab. As per MCA filings, the company has open charges of ₹3 Cr on record.
For more details, the company can be reached via its website bytestechnolab.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD – 807 The First B/S Keshavbaug Party Plot B/H Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software 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
Associated Brands with Bytes Technolab Private Limited
Bytes Technolab operates one associated brand: Bytes TechnoLab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software development, AI solutions, and IT services to enterprises worldwide. | bytestechnolab.com |
Competitors & Alternatives of Bytes Technolab Private Limited
Brands and companies operating in the same space as Bytes Technolab Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 Sylogist | Software solutions are delivered to public sector and business clients. | Calgary, Canada | 1993 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 Brightspot | CMS solutions for digital publishers are provided and managed. | Reston, United States | 2008 |
Business Activity of Bytes Technolab Private Limited
The main business activity of Bytes Technolab 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.
Auditor Details of Bytes Technolab Private Limited
Bytes Technolab Private Limited is audited by S. P. D. & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. P. D. & Co. | 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 Bytes Technolab Private Limited
Bytes Technolab has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik Sureshbhai Shah Also directs: Nexstar Alliance LLP, Magneto IT Solutions Private Limited | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
| Bhaveshkumar Ishvarlal Surani Also directs: Nexstar Alliance LLP, Magneto IT Solutions Private Limited | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
| Bhargavkumar Jagdishbhai Thakkar Also directs: Nexstar Alliance LLP, Magneto IT Solutions Private Limited | Director | 29 Apr 2024 | 2 Years 5 Months | Current |
| Ronak Harilal Meghani Also directs: Nexstar Alliance LLP, Magneto IT Solutions Private Limited | Director | 29 Apr 2024 | 2 Years 5 Months | Current |
| Nitesh Behani Also directs: Nexstar Alliance LLP, Magneto IT Solutions Private Limited | Director | 29 Apr 2024 | 2 Years 5 Months | Current |
Financials of Bytes Technolab Private Limited FY 2025 filings available
Bytes Technolab Private Limited reported revenue of ₹22.91 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bytes Technolab Private Limited
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 125%. EBITDA rose 33% 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 Bytes Technolab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.82 Cr | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Bytes Technolab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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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 Bytes Technolab are in the company report.
Financial statements from FY 2020
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.
Ownership and Shareholding of Bytes Technolab 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 Bytes Technolab Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2024 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Bytes Technolab Private Limited
Bytes Technolab Private Limited has a workforce of 81 employees as of Apr 06, 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.
GST Compliance of Bytes Technolab Private Limited
Bytes Technolab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICB7709E1ZT | Gujarat | Active | 02 Jan 2020 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Bytes Technolab 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 Bytes Technolab 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 Bytes Technolab 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.
MCA Filings & Documents of Bytes Technolab 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.
Recent Activity on Bytes Technolab Private Limited
Recent News on Bytes Technolab Private Limited
Frequently Asked Questions about Bytes Technolab Private Limited
Bytes Technolab is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 November 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC111031.
Bytes Technolab reported revenue of ₹22.91 Cr for FY 2025 (down 7% YoY).
Bytes Technolab has 5 current directors:
- Bhavik Sureshbhai Shah - Director
- Bhaveshkumar Ishvarlal Surani - Director
- Bhargavkumar Jagdishbhai Thakkar - Director
- Ronak Harilal Meghani - Director
- Nitesh Behani - Director
Bytes Technolab reported a net profit of ₹2.82 Cr (net margin 12.3%) and EBITDA of ₹3.61 Cr (EBITDA margin 15.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bytes Technolab is 22% over three years and 125% over five years. In the latest year (FY 2025) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bytes Technolab is 24AAICB7709E1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Bytes Technolab is U72900GJ2019PTC111031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bytes Technolab was incorporated on 26 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bytes Technolab can be reached through the website bytestechnolab.com. Its registered office is in Ahmedabad, Gujarat, India.