Commlabs Technology Centre Private Limited
About Commlabs Technology Centre Private Limited
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Commlabs Technology Centre Private Limited is a private limited company based in Varthur Hobli Bangalore, Karnataka, India, a subsidiary of Nextnav Llc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 17 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2010PTC052876. Its GSTIN is 29AADCC9247P1ZV (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Christian Davis Gates and Arun Raghupathy.
Its last annual general meeting (AGM) was held on 13 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tech Park, Varthur Hobli Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.01 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Cr (net margin 9.7%) and EBITDA of ₹4.94 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 51% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NextNav.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
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- Registered AddressD511 – D514 5th Flr Delta Block Sigma Soft – Tech Park No.7 Whitefield Main Road Ramagondanahal, Li Village, Varthur Hobli Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Software Development & Support Services
- 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 Commlabs Technology Centre Private Limited
The main business activity of Commlabs Technology Centre is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Commlabs Technology Centre Private Limited FY 2024 filings available
Commlabs Technology Centre Private Limited reported revenue of ₹36.01 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Commlabs Technology Centre Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 51% growth in the latest year. EBITDA rose 50% 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 Commlabs Technology Centre 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.94 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.5 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Commlabs Technology Centre Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Commlabs Technology Centre are in the company report.
Financial statements from 2015
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 Commlabs Technology Centre Private Limited
Commlabs Technology Centre Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ag Resources (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Software Ag Chennai Development Center India Private Limited | •••• | •••• | •••• | •••• | - | Saidapet, Tamil Nadu, India |
| Finova Technologies Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| Destiny IT Services Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Rendered Ideas Softgame Private Limited | •••• | •••• | •••• | •••• | 50 | Thane, Maharashtra, India |
| Commlabs Technology Centre Private Limited this company | •••• | •••• | •••• | •••• | - | Varthur Hobli Bangalore, Karnataka, India |
| Navayuga Infotech Private Limited | •••• | •••• | •••• | •••• | 83 | Hyderabad, Telangana, India |
| Travancore Analytics Private Limited | •••• | •••• | •••• | •••• | 167 | Thiruvananthapuram, Kerala, India |
| Primus Software Development India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Teletext India Private Limited | •••• | •••• | •••• | •••• | 84 | Hyderabad, Telangana, India |
| Enterprise Softlabs Private Limited | •••• | •••• | •••• | •••• | 220 | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Commlabs Technology Centre by revenue in the Information Technology industry (Application Development), 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 Commlabs Technology Centre Private Limited
Commlabs Technology Centre Private Limited is audited by Y K ANAND & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y K ANAND & 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 Commlabs Technology Centre Private Limited
Commlabs Technology Centre 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 |
|---|---|---|---|---|
| Christian Davis Gates | Director | 25 Jan 2024 | 2 Years 8 Months | Current |
| Arun Raghupathy | Director | 17 Mar 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Commlabs Technology Centre 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 Commlabs Technology Centre Private Limited
Commlabs Technology Centre Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Commlabs Technology Centre Private Limited
Commlabs Technology Centre operates one associated brand: NextNav. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Indoor positioning solutions for enterprises are provided. | nextnav.com |
Employees and EPFO Compliance at Commlabs Technology Centre Private Limited
Commlabs Technology Centre Private Limited has a workforce of 29 employees as of Apr 03, 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.
Recent Activity on Commlabs Technology Centre Private Limited
Commlabs Technology Centre Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Christian Davis Gates ceased to be Additional Director on 12 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Commlabs Technology Centre 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 Commlabs Technology Centre 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 Commlabs Technology Centre 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 Commlabs Technology Centre Private Limited
Commlabs Technology Centre has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC9247P1ZV | Karnataka | Active | 01 Jul 2017 |
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 Commlabs Technology Centre 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 Commlabs Technology Centre Private Limited
Commlabs Technology Centre is an active private limited company based in Varthur Hobli Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 17 March 2010 (16+ years old) and is registered under CIN U72900KA2010PTC052876.
Commlabs Technology Centre reported revenue of ₹36.01 Cr for FY 2024 (up 51% YoY).
Commlabs Technology Centre has 2 current directors:
- Christian Davis Gates - Director
- Arun Raghupathy - Director
Commlabs Technology Centre reported a net profit of ₹3.5 Cr (net margin 9.7%) and EBITDA of ₹4.94 Cr (EBITDA margin 13.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Commlabs Technology Centre is 61% over three years and 51% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Commlabs Technology Centre is 29AADCC9247P1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Commlabs Technology Centre is U72900KA2010PTC052876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Commlabs Technology Centre was incorporated on 17 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Commlabs Technology Centre by revenue are Ag Resources (India) Private Limited, Software Ag Chennai Development Center India Private Limited, Finova Technologies Private Limited, Destiny IT Services Private Limited, Rendered Ideas Softgame Private Limited and 5 more, all in the Information Technology industry (Application Development).
Christian Davis Gates ceased to be Additional Director on 12 Sep 2024. Ganesh Mayuran Pattabiraman ceased to be Director on 31 Jan 2024. Christian Davis Gates was appointed as Director on 25 Jan 2024. Commlabs Technology Centre has 5 board changes on record in total.
The registered office of Commlabs Technology Centre is at D511 – D514 5th Flr Delta Block Sigma Soft – Tech Park No.7 Whitefield Main Road Ramagondanahal, Li Village, Varthur Hobli Bangalore, Karnataka, India – 560066.