MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0031512
Lares Global Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.04 Cr
▲ 8% YoY
Net profit · FY 2024
₹16.49 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹96.08 Lakh
EBITDA margin 3.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Satisfied ₹3.45 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
5
Provident fund records
About Lares Global Limited
Data last updated:
Lares Global Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2008PLC061255. Its GSTIN is 36AABCL5316N1ZB (Telangana).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was formerly known as Lares Global Private Limited and Lares Property Management Private Limited. It is led by directors including Namburu Narasimha Rao (Managing Director) and Gundimeda Dinesh Kumar.
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 Flat No 101 Auchyut Mazon H No 7 – 1 – 621/48 S.R Nagar, Hyderabad, Telangana, India – 500038.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.04 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹16.49 Lakh (net margin 0.7%) and EBITDA of ₹96.08 Lakh (EBITDA margin 3.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Lares IT Solutions, Lares Global and Lares Academy. As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹3.45 Cr on record.
Lares Global Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0031512). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laresglobal.com.
Company details
CIN U72200TG2008PLC061255
Registration Number 061255
Incorporation Date 30 September 2008
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0031512
Name history
Lares Global has undergone 4 name changes throughout its history. The current legal name is Lares Global Limited.
| Company Name | Status |
|---|---|
| Lares Global Limited | Current |
| Lares Global Private Limited | Previous |
| Lares Property Management Private Limited | Previous |
| Lares It Solutions Private Limited | Previous |
| Lares Technologies Private Limited | Previous |
CIN history
Lares Global has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG2008PLC061255, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2008PLC061255 | Current |
| U70102AP2008PTC061255 | Previous |
| U72200TG2008PTC061255 | Previous |
| U72200AP2008PTC061255 | Previous |
Key People
Namburu Narasimha Rao Managing Director Gundimeda Dinesh Kumar Director Naga Babu Uppala Director Recognitions & Rankings of Lares Global
Contact details
Lares Global Limited's registered office is in Hyderabad, Telangana. Its website is laresglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No 101 Auchyut Mazon H No 7 – 1 – 621/48 S.R Nagar, Hyderabad, Telangana, India – 500038
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
To see the full contact details of Lares Global Limited, buy the company report.
Comprehensive company report
Lares Global Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Lares Global operates multiple associated brands including Lares IT Solutions, Lares Global, and Lares Academy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An IT consulting firm offering data science, architecture, project management, and cloud engineering services. | laresit.com | |
| Offers IT services, mobile development, and consulting to various industries worldwide. | laresglobal.com | |
| Offers online cybersecurity courses with hands-on labs and real-time projects. | laresacademy.com |
Business activity
The main business activity of Lares Global is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Lares Global Limited, buy the company report.
Financials of Lares Global Limited
FY 2025 filings availableLares Global Limited reported revenue of ₹25.04 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹25.04 Cr ▲ 8%
Net profit · FY 2024
₹16.49 Lakh margin 0.7%
EBITDA · FY 2024
₹96.08 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 5%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 18%
5 years · compounded
▲ 14%
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 48% 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
| 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 | ₹96.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.49 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Lares Global Limited, buy the company report.
Board of directors of Lares Global Limited
Lares Global has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namburu Narasimha Rao Also directs: Hindusthan Infra Avenues Limited | Managing Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Gundimeda Dinesh Kumar Also directs: Hindusthan Infra Avenues Limited, Madhu Veni Organic Products LLP, Tryve Foods and Beverages Private Limited and 5 more | Director | 16 May 2015 | 11 Years 5 Months | Current |
| Naga Babu Uppala | Director | 20 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Lares Global Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fuel Trans India Private Limited | ₹25.09 Cr (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Cxwai Tech India Private Limited | ₹25.08 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India | |||
| Exathought Technology Consulting Private Limited | ₹25.07 Cr (FY 2025) | 65.0% | Yelahanka, Bengaluru, Karnataka, India | |||
| Artha Data Solutions India Private Limited | ₹25.06 Cr (FY 2025) | -16.0% | Hyderabad, Telangana, India | |||
| Mercurius Info Tech (India) Private Limited | ₹25.04 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Lares Global Limitedthis company | ₹25.04 Cr (FY 2024) | ₹16.49 Lakh | 0.7% | 8.0% | 5 | Hyderabad, Telangana, India |
| Ambit Software Private Limited | ₹25.02 Cr (FY 2025) | -23.0% | Pune, Maharashtra, India | |||
| Bluepi Consulting Private Limited | ₹25.02 Cr (FY 2025) | -45.0% | Gurgaon, Haryana, India | |||
| Jellyfish Technologies Limited | ₹25.01 Cr (FY 2025) | 27.0% | Delhi, India | |||
| Tekizma India Solutions Private Limited | ₹25 Cr (FY 2025) | 25.0% | Thyvakanahalli, Karnataka, India |
To see the full peer comparison of Lares Global Limited, buy the company report.
Auditor
Lares Global Limited is audited by THIRUPATHI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THIRUPATHI & ASSOCIATES | FY 2022 | 013000S |
Shareholding
The shareholding of Lares Global Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lares Global Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
₹3.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2023 | 100829961 | Others | ₹60 Lakh | Open | |
| 31 Dec 2021 | 100525551 | Others | ₹44.9 Lakh | Satisfied | |
| 17 Oct 2016 | 100063426 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Lares Global Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Lares Global Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lares Global Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lares Global Limited has a workforce of 5 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-44.44%
GST
Lares Global has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCL5316N1ZB | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lares Global Limited, buy the company report.
Recent activity
Lares Global Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Naga Babu Uppala was appointed as Director on 20 Mar 2023.
Charges
A charge registered on 31 Dec 2021 via Charge ID 100525551 with Others was fully satisfied on 19 Jan 2026.
Charges
A charge registered on 17 Oct 2016 via Charge ID 100063426 with Others was fully satisfied on 19 Jan 2026.
AGM
Lares Global Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lares Global Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100829961 was registered on 29 Nov 2023.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 17 Oct 2016 with Charge ID 100063426 was modified on 29 Aug 2023.
Appointed
Naga Babu Uppala was appointed as Director.
Ceased
Singamaneni Lakshminarayana ceased to be Director.
Charges
A charge with Others amounted to Rs. 44.90 Lakh with Charge ID 100525551 was registered on 31 Dec 2021.
Ceased
Yashwanth Goud Pappana ceased to be Director.
Ceased
Panguluri Krishna Gopi ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100063426 was registered on 17 Oct 2016.
9 earlier events are in the company report.
Frequently asked questions
Lares Global is an active public limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 September 2008 (18+ years old) and is registered under CIN U72200TG2008PLC061255.
Lares Global has 3 current directors:
- Namburu Narasimha Rao - Managing Director
- Gundimeda Dinesh Kumar - Director
- Naga Babu Uppala - Director
The latest financial statements of Lares Global on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lares Global is 36AABCL5316N1ZB, registered in Telangana.
The CIN (Corporate Identification Number) of Lares Global is U72200TG2008PLC061255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lares Global was incorporated on 30 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Lares Global by revenue are Fuel Trans India Private Limited, Cxwai Tech India Private Limited, Exathought Technology Consulting Private Limited, Artha Data Solutions India Private Limited, Mercurius Info Tech (India) Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Naga Babu Uppala was appointed as Director on 20 Mar 2023. Singamaneni Lakshminarayana ceased to be Director on 20 Mar 2023. Yashwanth Goud Pappana ceased to be Director on 08 Oct 2018. Lares Global has 12 board changes on record in total.
Yes, Lares Global is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0031512).
Lares Global can be reached through the website laresglobal.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Lares Global is at Flat No 101 Auchyut Mazon H No 7 – 1 – 62148 S.R Nagar, Hyderabad, Telangana, India – 500038.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages