About Hude Labs IT Solutions Private Limited
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Hude Labs IT Solutions Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72300MP2014PTC032520. Its GSTIN is 23AADCH5051J1ZS (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ankita Agrawal and Ankit Agarwal.
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 136/1 Shakti Nagar, Bhopal, Madhya Pradesh, India – 462024.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.84 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹94,214 (net margin 4.1%) and EBITDA of ₹2.56 Lakh (EBITDA margin 11.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 26% 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 website.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address136/1 Shakti Nagar, Bhopal, Madhya Pradesh, India – 462024
- 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 Hude Labs IT Solutions Private Limited
The main business activity of Hude Labs IT Solutions 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 | 62 | 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 Hude Labs IT Solutions Private Limited FY 2025 filings available
Hude Labs IT Solutions Private Limited reported revenue of ₹22.84 Lakh (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hude Labs IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 61% fall in the latest year. EBITDA fell 88% 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 Hude Labs IT Solutions 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹94,214 | •••• | •••• | •••• | •••• |
| 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 Hude Labs IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| 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 Hude Labs IT Solutions 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 Hude Labs IT Solutions Private Limited
Hude Labs IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cyrus Technoedge Solutions Private Limited | ₹22.99 Lakh (FY 2024) | •••• | •••• | -38.0% | •••• | Jaipur, Rajasthan, India |
| Pendamaze Studio Private Limited | ₹22.95 Lakh (FY 2025) | •••• | •••• | 280.0% | •••• | Aluva, Kerala, India |
| Ducere Softech Private Limited | ₹22.95 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Zatchtech Private Limited | ₹22.94 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Corehub Solutions Private Limited | ₹22.92 Lakh (FY 2025) | •••• | •••• | 59.0% | •••• | Mananthavady, Kerala, India |
| Hude Labs IT Solutions Private Limited this company | ₹22.84 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Bhopal, Madhya Pradesh, India |
| FJS Tech Private Limited | ₹22.8 Lakh (FY 2025) | •••• | •••• | 93.0% | •••• | Bangalore, Karnataka, India |
| Metamor Technologies Private Limited | ₹22.78 Lakh (FY 2024) | •••• | •••• | -52.0% | •••• | Bangalore, Karnataka, India |
| Vyoma Systems Private Limited | ₹22.74 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Chennai, Tamil Nadu, India |
| Shauri Computer Technologies Private Limited | ₹22.59 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Kozhikode, Kerala, India |
| Techatalyst Infoserve Private Limited | ₹22.52 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hude Labs IT Solutions by revenue in the Information Technology industry (Application Development), 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 Hude Labs IT Solutions Private Limited
Hude Labs IT Solutions Private Limited is audited by AliJain&Sharma for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AliJain&Sharma | 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 Hude Labs IT Solutions Private Limited
Hude Labs IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankita Agrawal | Director | 21 Oct 2022 | 3 Years 11 Months | Current |
| Ankit Agarwal | Director | 13 Mar 2014 | 12 Years 6 Months | Current |
Ownership and Shareholding of Hude Labs IT Solutions 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 Hude Labs IT Solutions Private Limited
Hude Labs IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hude Labs IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Hude Labs IT Solutions.
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 Hude Labs IT Solutions Private Limited
Hude Labs IT Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Abhishek Yagnik ceased to be Director on 21 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Hude Labs IT Solutions 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 Hude Labs IT Solutions 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 Hude Labs IT Solutions 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 Hude Labs IT Solutions Private Limited
Hude Labs IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCH5051J1ZS | Madhya Pradesh | 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 Hude Labs IT Solutions 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 Hude Labs IT Solutions Private Limited
Hude Labs IT Solutions is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 March 2014 (12+ years old) and is registered under CIN U72300MP2014PTC032520.
Hude Labs IT Solutions reported revenue of ₹22.84 Lakh for FY 2024 (down 61% YoY).
Hude Labs IT Solutions has 2 current directors:
- Ankita Agrawal - Director
- Ankit Agarwal - Director
Hude Labs IT Solutions reported a net profit of ₹94,214 (net margin 4.1%) and EBITDA of ₹2.56 Lakh (EBITDA margin 11.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hude Labs IT Solutions is -27% over three years and -26% over five years. In the latest year (FY 2024) revenue fell 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hude Labs IT Solutions is 23AADCH5051J1ZS, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Hude Labs IT Solutions is U72300MP2014PTC032520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hude Labs IT Solutions was incorporated on 13 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Hude Labs IT Solutions by revenue are Cyrus Technoedge Solutions Private Limited, Pendamaze Studio Private Limited, Ducere Softech Private Limited, Zatchtech Private Limited, Corehub Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Abhishek Yagnik ceased to be Director on 21 Oct 2022. Ankita Agrawal was appointed as Director on 21 Oct 2022. Ankit Agarwal was appointed as Director on 13 Mar 2014.
Yes, Hude Labs IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).