About Flytbase Labs Private Limited
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Flytbase Labs Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Flytebase Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32109PN2013PTC148241. Its GSTIN is 27AAECN4122H1ZO (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.3 Lakh. It was formerly known as Navstik Autonomous Systems Private Limited. It is led by directors Sarita Rani and Nitin Kumar Gupta.
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 Off. No. 701 7th Floor Amar Paradigm Plot No 3 Sn 110/11/3 10/11 110/11/23 Baner, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.27 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 9.5%) and EBITDA of ₹1.95 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 44% over five years.
The company is associated with 1 brand: FlytBase. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.11 Cr; the latest was in March 2019. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Wagepoint India Private Limited with revenue of ₹13.31 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 4 overdue payments to 2 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 navstik.org.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressOff. No. 701 7th Floor Amar Paradigm Plot No 3 Sn 110/11/3 10/11 110/11/23 Baner, Pune, Maharashtra, India – 411045
- 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
Business Activity of Flytbase Labs Private Limited
The main business activity of Flytbase Labs 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 Flytbase Labs Private Limited FY 2025 filings available
Flytbase Labs Private Limited reported revenue of ₹13.27 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Flytbase Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 35% growth in the latest year. EBITDA rose 44% 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 Flytbase Labs Private Limited
| 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 | ₹1.95 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.26 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 Flytbase Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.5% | •••• | •••• | •••• | •••• |
| 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 Flytbase Labs 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 Flytbase Labs Private Limited
Flytbase Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wagepoint India Private Limited | ₹13.31 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Destm Technologies Private Limited | ₹13.3 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Mohali, Punjab, India |
| Apptium Technologies India Private Limited | ₹13.3 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Nfolks Software Technologies Private Limited | ₹13.3 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Lakdikapool, Telangana, India |
| Textual Analytics Solutions Private Limited | ₹13.27 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Flytbase Labs Private Limited this company | ₹13.27 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Pune, Maharashtra, India |
| Wobot Intelligence Private Limited | ₹13.27 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Delhi, India |
| Doryo Technologies India Private Limited | ₹13.27 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| Exalogico Systems and Services Private Limited | ₹13.26 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Advectus Solutions India Private Limited | ₹13.25 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Two99 Tech Marketing Private Limited | ₹13.25 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Meerut, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Flytbase Labs by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Flytbase Labs Private Limited
Flytbase Labs Private Limited is audited by BAHETI & SOMANI LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAHETI & SOMANI LLP | 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 Flytbase Labs Private Limited
Flytbase 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 |
|---|---|---|---|---|
| Sarita Rani | Director | 11 Jan 2018 | 8 Years 9 Months | Current |
| Nitin Kumar Gupta | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
Ownership and Shareholding of Flytbase 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 Flytbase Labs Private Limited
Flytbase Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Flytbase Labs Private Limited
Flytbase Labs Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.11 Cr; the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Flytbase Inc Seller: 4 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Flytbase Inc Seller: 2 individuals |
| Oct 2016 | Funding round · Series A | ₹60.5 Lakh | Investors: 4 individuals |
| Jan 2015 | Funding round · Seed | ₹50 Lakh | Investors: Venture Center |
Full deal history
All 4 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 Flytbase Labs Private Limited
Flytbase Labs Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Avant Edge Business Consulting Private Limited | •••• | •••• | •••• |
| Baheti and Somani | •••• | •••• | •••• |
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 Flytbase Labs Private Limited
Flytbase Labs operates one associated brand: FlytBase. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Drone autonomy platform for aerial data collection is provided. | flytbase.com |
Employees and EPFO Compliance at Flytbase Labs Private Limited
Employment history and EPFO contributions of people linked to Flytbase 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.
News related to Flytbase Labs Private Limited
Recent Activity on Flytbase Labs Private Limited
Flytbase Labs Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Uday Kumar ceased to be Director on 14 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Flytbase 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.
Subsidiaries & Group Companies of Flytbase 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 Flytbase Labs Private Limited
Flytbase Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN4122H1ZO | Maharashtra | 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 Flytbase 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 Flytbase Labs Private Limited
Flytbase Labs is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 July 2013 (13+ years old) and is registered under CIN U32109PN2013PTC148241.
Flytbase Labs reported revenue of ₹13.27 Cr for FY 2025 (up 35% YoY).
Flytbase Labs has 2 current directors:
- Sarita Rani - Director
- Nitin Kumar Gupta - Director
Flytbase Labs reported a net profit of ₹1.26 Cr (net margin 9.5%) and EBITDA of ₹1.95 Cr (EBITDA margin 14.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flytbase Labs is 35% over three years and 44% over five years. In the latest year (FY 2025) revenue rose 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flytbase Labs is 27AAECN4122H1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flytbase Labs is U32109PN2013PTC148241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flytbase Labs was incorporated on 24 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Flytbase Labs has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.11 Cr; the latest was in March 2019.
The peers of Flytbase Labs by revenue are Wagepoint India Private Limited, Destm Technologies Private Limited, Apptium Technologies India Private Limited, Nfolks Software Technologies Private Limited, Textual Analytics Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Uday Kumar ceased to be Director on 14 Apr 2022. Nitin Kumar Gupta was appointed as Director on 24 Dec 2021. Sarita Rani was appointed as Director on 11 Jan 2018. Flytbase Labs has 6 board changes on record in total.
Flytbase Labs has 3 MSME Form 1 returns on record between 2023 and 2024, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 17 Apr 2024.