About Dexworks Labs Private Limited
Data last updated:
Dexworks Labs Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 25 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2016PTC041898. Its GSTIN is 23AAFCD9247E1ZR (Madhya Pradesh).
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors Gourav Vishwakarma and Anupam Dubey.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Old 1/2 New 152/2 North Harsiddhi, Indore, Madhya Pradesh, India – 452007.
As per the financials filed for FY 2022, the company reported a revenue of ₹26.38 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹98,356 (net margin 3.7%) and EBITDA of ₹1.51 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 88% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wifiadda.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOld 1/2 New 152/2 North Harsiddhi, Indore, Madhya Pradesh, India – 452007
- IndustryInformation Technology, Web Design & Maintenance 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 Dexworks Labs Private Limited
The main business activity of Dexworks Labs is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Dexworks Labs Private Limited FY 2022 filings available
Dexworks Labs Private Limited reported revenue of ₹26.38 Lakh (up 19% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Dexworks Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 88% over five years, including 19% growth in the latest year. EBITDA rose 45% 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 Dexworks Labs Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹1.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹98,356 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dexworks Labs Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 Dexworks Labs 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 Dexworks Labs Private Limited
Dexworks Labs Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eye Blink Media Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Alchetron Technologies Private Limited | •••• | •••• | •••• | •••• | - | Ulhasnagar, Maharashtra, India |
| Wingshield Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Waawtech Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Nuvohorizons Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Dexworks Labs Private Limited this company | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Low Cost Web Agency Private Limited | •••• | •••• | •••• | •••• | - | Kottakuppam, Tamil Nadu, India |
| Searchfit Ecommerce Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pro Artisans IT Services (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Srinagar, Jammu & Kashmir, India |
| Achieveee Design & Development Private Limited | •••• | •••• | •••• | •••• | - | Kalyan, Maharashtra, India |
| Netifi Private Limited | •••• | •••• | •••• | •••• | - | Gandhidham, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Dexworks Labs by revenue in the Information Technology industry (Website Design and Maintenance), 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 Dexworks Labs Private Limited
Dexworks Labs Private Limited is audited by KRISHNA MUNDHRA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KRISHNA MUNDHRA & 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 Dexworks Labs Private Limited
Dexworks Labs has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gourav Vishwakarma | Director | 25 Nov 2016 | 9 Years 10 Months | Current |
| Anupam Dubey Also directs: Aims Interactive Private Limited | Additional Director | 01 Sep 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Dexworks Labs 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 Dexworks Labs Private Limited
Dexworks Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dexworks Labs Private Limited
Employment history and EPFO contributions of people linked to Dexworks Labs.
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 Dexworks Labs Private Limited
Dexworks Labs Private Limited has 10 board changes on record since 2016: 6 appointments and 4 cessations. The latest: Shivam Chourasia ceased to be Director on 10 Sep 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dexworks Labs 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 Dexworks Labs 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 Dexworks Labs 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 Dexworks Labs Private Limited
Dexworks Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCD9247E1ZR | Madhya Pradesh | Active | 28 Sep 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 Dexworks Labs 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 Dexworks Labs Private Limited
Dexworks Labs is an active private limited company based in Indore, Madhya Pradesh, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 25 November 2016 (10+ years old) and is registered under CIN U72900MP2016PTC041898.
Dexworks Labs reported revenue of ₹26.38 Lakh for FY 2022 (up 19% YoY).
Dexworks Labs has 2 current directors:
- Gourav Vishwakarma - Director
- Anupam Dubey - Additional Director
Dexworks Labs reported a net profit of ₹98,356 (net margin 3.7%) and EBITDA of ₹1.51 Lakh (EBITDA margin 5.7%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dexworks Labs is 47% over three years and 88% over five years. In the latest year (FY 2022) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dexworks Labs is 23AAFCD9247E1ZR, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Dexworks Labs is U72900MP2016PTC041898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dexworks Labs was incorporated on 25 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Dexworks Labs by revenue are Eye Blink Media Private Limited, Alchetron Technologies Private Limited, Wingshield Technologies Private Limited, Waawtech Private Limited, Nuvohorizons Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Shivam Chourasia ceased to be Director on 10 Sep 2021. Anupam Dubey was appointed as Additional Director on 01 Sep 2021. Mohammad Danish ceased to be Director on 08 Mar 2021. Dexworks Labs has 10 board changes on record in total.
Yes, Dexworks Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).