About Krescent IT Labs Private Limited
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Krescent IT Labs Private Limited is a private limited company based in Zirakpur, Punjab, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2016PTC045798. Its GSTIN is 04AAGCK3219A1Z7 (Chandigarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Karm Pal Singla and Yuv Raj Sharma.
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 H No.401/B15 Nirmal Chhaya Tower, Zirakpur, Punjab, India – 140603.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.42 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Lakh (net margin 2.1%) and EBITDA of ₹5.75 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company is associated with 2 brands: KIT Labs and Krescent It Labs.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kitlabs.us.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH No.401/B15 Nirmal Chhaya Tower, Zirakpur, Punjab, India – 140603
- IndustryInformation Technology, IT Consulting & 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 Krescent IT Labs Private Limited
The main business activity of Krescent IT 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 Krescent IT Labs Private Limited FY 2025 filings available
Krescent IT Labs Private Limited reported revenue of ₹1.42 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Krescent IT Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 40% growth in the latest year. EBITDA rose 151% 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 Krescent IT 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 | ₹5.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.05 Lakh | •••• | •••• | •••• | •••• |
| 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 Krescent IT Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 Krescent IT 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 Krescent IT Labs Private Limited
Krescent IT 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). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Peddle Digitals Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Netreach Software Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mediagarh Techno Soft Private Limited | •••• | •••• | •••• | •••• | - | Jodhpur, Rajasthan, India |
| Learning Curve Technologies Bangalore Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| QB Tech Infosystems Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Krescent IT Labs Private Limited this company | •••• | •••• | •••• | •••• | - | Zirakpur, Punjab, India |
| Byteosphere Software Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Daedalus Consulting Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Indus Business Systems Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Detox Technologies Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Innovative Informatics Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Krescent IT Labs by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Krescent IT Labs Private Limited
Krescent IT Labs Private Limited is audited by K K BASSI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K K BASSI & ASSOCIATES | 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 Krescent IT Labs Private Limited
Krescent IT Labs has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karm Pal Singla | Director | 18 Feb 2022 | 4 Years 7 Months | Current |
| Yuv Raj Sharma Also directs: Kbihm Consulting Private Limited | Director | 17 Oct 2016 | 9 Years 11 Months | Current |
| Nidhi Sharma Also directs: Kbihm Consulting Private Limited | Director | 17 Nov 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Krescent IT 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 Krescent IT Labs Private Limited
Krescent IT Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Krescent IT Labs Private Limited
Krescent IT Labs operates two associated brands: KIT Labs and KRESCENT IT LABS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers mobile app development, web services, and IT solutions to businesses globally. | kitlabs.us | |
| Specializes in mobile app development, web design, digital marketing, and cloud services. | krescentglobal.com |
Employees and EPFO Compliance at Krescent IT Labs Private Limited
Employment history and EPFO contributions of people linked to Krescent IT 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 Krescent IT Labs Private Limited
Krescent IT Labs Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Karm Pal Singla was appointed as Director on 18 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Krescent IT 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 Krescent IT 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 Krescent IT 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 Krescent IT Labs Private Limited
Krescent IT Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAGCK3219A1Z7 | Chandigarh | Active | 17 Aug 2018 |
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 Krescent IT 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 Krescent IT Labs Private Limited
Krescent IT Labs is an active private limited company based in Zirakpur, Punjab, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 October 2016 (10+ years old) and is registered under CIN U72900PB2016PTC045798.
Krescent IT Labs reported revenue of ₹1.42 Cr for FY 2025 (up 40% YoY).
Krescent IT Labs has 3 current directors:
- Karm Pal Singla - Director
- Yuv Raj Sharma - Director
- Nidhi Sharma - Director
Krescent IT Labs reported a net profit of ₹3.05 Lakh (net margin 2.1%) and EBITDA of ₹5.75 Lakh (EBITDA margin 4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Krescent IT Labs is 4% over three years. In the latest year (FY 2025) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Krescent IT Labs is 04AAGCK3219A1Z7, registered in Chandigarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Krescent IT Labs is U72900PB2016PTC045798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krescent IT Labs was incorporated on 17 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Krescent IT Labs by revenue are Peddle Digitals Private Limited, Netreach Software Private Limited, Mediagarh Techno Soft Private Limited, Learning Curve Technologies Bangalore Private Limited, QB Tech Infosystems Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Karm Pal Singla was appointed as Director on 18 Feb 2022. Sarvesh Sharma ceased to be Director on 22 Nov 2021. Nidhi Sharma was appointed as Director on 17 Nov 2021. Krescent IT Labs has 5 board changes on record in total.
Krescent IT Labs can be reached through the website kitlabs.us. Its registered office is in Zirakpur, Punjab, India.