MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0198233
Relevance Lab Technologies Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹114.53 Cr
▼ 5% YoY
Net profit · FY 2025
₹8 Cr
Net margin 7%
EBITDA · FY 2025
₹12.38 Cr
EBITDA margin 10.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹5.52 Cr
No open charges
Company age
20 yrs
Est. 2006
Employees · EPFO
453
Provident fund records
About Relevance Lab Technologies Private Limited
Data last updated:
Relevance Lab Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Cignex Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2006PTC048349. Its GSTIN is 24AACCC8372N1ZA (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Cignex Technologies Private Limtied and Cignex Datamatics Technologies Limited. It is led by directors Vidur Vishnu Bhogilal and Ankita Singh.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor President Plaza Thaltej Cross Road S. G. Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹114.53 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹8 Cr (net margin 7%) and EBITDA of ₹12.38 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company has about 453 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Cignex and Datamatics. As per MCA filings, the company has satisfied charges of ₹5.52 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company; 8 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2006. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 smaller; the largest is Proarch IT Solutions Private Limited with revenue of ₹113.57 Cr.
Relevance Lab Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0198233). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cignex.com.
Company details
CIN U72200GJ2006PTC048349
Registration Number 048349
Incorporation Date 30 May 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Cignex Inc
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0198233
Name history
Relevance Lab Technologies has undergone 4 name changes throughout its history. The current legal name is Relevance Lab Technologies Private Limited.
| Company Name | Status |
|---|---|
| Relevance Lab Technologies Private Limited | Current |
| Cignex Technologies Private Limtied | Previous |
| Cignex Datamatics Technologies Limited | Previous |
| Cignex Datamatics Technologies Private Limited | Previous |
CIN history
Relevance Lab Technologies has one previous CIN (Corporate Identification Number): U72200GJ2006PLC048349. The current CIN is U72200GJ2006PTC048349, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200GJ2006PTC048349 | Current |
| U72200GJ2006PLC048349 | Previous |
Recognitions & Rankings of Relevance Lab Technologies
Contact details
Relevance Lab Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is cignex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor President Plaza Thaltej Cross Road S. G. Highway, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Relevance Lab Technologies Private Limited, buy the company report.
Comprehensive company report
Relevance Lab Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Relevance Lab Technologies operates two associated brands: Cignex and Datamatics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based automation and asset management solutions are delivered for enterprises. | cignex.com | |
| Cloud-based text analytics and cognitive automation services are provided. | datamatics.com |
Business activity
The main business activity of Relevance Lab Technologies 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 Relevance Lab Technologies Private Limited, buy the company report.
Financials of Relevance Lab Technologies Private Limited
FY 2025 filings availableRelevance Lab Technologies Private Limited reported revenue of ₹114.53 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹114.53 Cr ▼ 5%
Net profit · FY 2025
₹8 Cr margin 7%
EBITDA · FY 2025
₹12.38 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 2%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 224%
3 years · compounded
▲ 10%
5 years · compounded
▲ 7%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 224% 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 |
|---|---|---|---|---|---|
| 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 | ₹12.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 7% | ||||
| 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 Relevance Lab Technologies Private Limited, buy the company report.
Board of directors of Relevance Lab Technologies Private Limited
Relevance Lab Technologies has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidur Vishnu Bhogilal | Director | 20 Jun 2013 | 13 Years 4 Months | Current |
| Ankita Singh | Director | 29 Sep 2023 | 3 Years 0 Months | Current |
Peer comparison
Relevance Lab Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and 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 |
|---|---|---|---|---|---|---|
| Relevance Lab Technologies Private Limitedthis company | ₹114.53 Cr (FY 2025) | ₹8 Cr | 7% | -5.0% | 453 | Ahmedabad, Gujarat, India |
| Proarch IT Solutions Private Limited | ₹113.57 Cr (FY 2025) | 25.0% | Hyderabad, Telangana, India | |||
| Aricent Technologies Private Limited | ₹112.54 Cr (FY 2020) | -20.0% | New Delhi, Delhi, India | |||
| Avineon India Private Limited | ₹112.35 Cr (FY 2025) | 26.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Relevance Lab Technologies Private Limited, buy the company report.
Auditor
Relevance Lab Technologies Private Limited is audited by Kanu Doshi Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kanu Doshi Associates LLP | FY 2023 | 104746W/W100096 |
Shareholding
The shareholding of Relevance Lab Technologies 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 Relevance Lab Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹5.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2012 | 10372418 | Citibank N. A. | ₹4.8 Cr | Satisfied | |
| 30 Mar 2011 | 10284327 | Citibank N. A. | ₹72 Lakh | Satisfied |
To see the full charge records of Relevance Lab Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Relevance Lab Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2006.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2006 | Secondary share transfer | Undisclosed | Buyer: Cignex Datamatics Inc Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Relevance Lab Technologies Private Limited has 12 court cases on record: 12 filed by Relevance Lab Technologies. 8 cases are pending and 4 are disposed.
Total cases
12
Filed by the company
12
Pending
8
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 8 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Interim or miscellaneous application | Filed by the company against Attune Infocom Pvt. Ltd. and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Attune Infocom Private Limited -Dr Zakir Laliwala and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Relevance Lab Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Relevance Lab Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Relevance Lab Technologies Private Limited has a workforce of 453 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
453
Active EPFO establishments
1
Employee growth
-29.11%
GST
Relevance Lab Technologies has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCC8372N1ZA | Gujarat | Active | 01 Jul 2017 |
| 06AACCC8372N1Z8 | Haryana | Active | 01 Jul 2017 |
| 29AACCC8372N1Z0 | Karnataka | Active | 01 Jul 2017 |
| 27AACCC8372N1Z4 | Maharashtra | Active | 30 Jun 2023 |
To see the full GST registrations and return filing status of Relevance Lab Technologies Private Limited, buy the company report.
Recent activity
Relevance Lab Technologies Private Limited has 20 board changes on record since 2006: 11 appointments and 9 cessations. The latest: Ankita Singh was appointed as Director on 29 Sep 2023.
AGM
Relevance Lab Technologies Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Relevance Lab Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ankita Singh was appointed as Director.
Ceased
Bela Jaydeep Patel ceased to be Director.
Ceased
Jaydeep Padmanabh Patel ceased to be Director.
Ceased
Amrita Vidur Bhogilal ceased to be Additional Director.
Appointed
Bela Jaydeep Patel was appointed as Director.
Appointed
Amrita Vidur Bhogilal was appointed as Additional Director.
Ceased
Divya Kumat ceased to be Director.
Appointed
Jaydeep Padmanabh Patel was appointed as Director.
Ceased
Lalit Surajmal Kanodia ceased to be Director.
Charges
A charge registered on 24 Aug 2012 via Charge ID 10372418 with Citibank N. A. was fully satisfied on 18 Nov 2020.
15 earlier events are in the company report.
News
Frequently asked questions
Relevance Lab Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 May 2006 (20+ years old) and is registered under CIN U72200GJ2006PTC048349.
Relevance Lab Technologies has 2 current directors:
- Vidur Vishnu Bhogilal - Director
- Ankita Singh - Director
The latest financial statements of Relevance Lab Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Relevance Lab Technologies is 24AACCC8372N1ZA, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 06AACCC8372N1Z8 (Haryana), 29AACCC8372N1Z0 (Karnataka), 27AACCC8372N1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Relevance Lab Technologies is U72200GJ2006PTC048349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Relevance Lab Technologies has 12 court cases on record: 12 filed by the company. 8 are pending.
Relevance Lab Technologies was incorporated on 30 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Relevance Lab Technologies has 1 deal on record (1 secondary share transfer); the latest was in November 2006.
The peers of Relevance Lab Technologies by revenue are Proarch IT Solutions Private Limited, Aricent Technologies Private Limited, Avineon India Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Ankita Singh was appointed as Director on 29 Sep 2023. Bela Jaydeep Patel ceased to be Director on 21 Jul 2023. Jaydeep Padmanabh Patel ceased to be Director on 21 Jul 2023. Relevance Lab Technologies has 20 board changes on record in total.
Yes, Relevance Lab Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0198233).