MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0004282
Latitude Technolabs Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.47 Cr
▲ 5% YoY
Net profit · FY 2024
₹78,852
Net margin 0.1%
EBITDA · FY 2024
₹20.86 Lakh
EBITDA margin 3.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.98 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
20
Provident fund records
About Latitude Technolabs Private Limited
Data last updated:
Latitude Technolabs Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC099207. Its GSTIN is 24AADCL4176E1ZP (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Aarti Jayprakash Vasdewani and Jayprakash Narayanbhai Vasdewani.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.47 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹78,852 (net margin 0.1%) and EBITDA of ₹20.86 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 26% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Latitude Technolabs. As per MCA filings, the company has open charges of ₹1.98 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Latitude Technolabs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0004282). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website latitudetechnolabs.com.
Company details
CIN U72900GJ2017PTC099207
Registration Number 099207
Incorporation Date 22 September 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0004282
Key People
Aarti Jayprakash Vasdewani Director Jayprakash Narayanbhai Vasdewani Director Bhagwanti Vasdewani Narayanbhai Additional Director Recognitions & Rankings of Latitude Technolabs
Contact details
Latitude Technolabs Private Limited's registered office is in Ahmedabad, Gujarat. Its website is latitudetechnolabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address401 – B C/O Safal Pegasis, Opp – Kiran Motors 100Ft Road Opp Rivera Thirty Bunglows Prahalad Nagar Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Latitude Technolabs Private Limited, buy the company report.
Comprehensive company report
Latitude Technolabs Private 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
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Brands
Latitude Technolabs operates one associated brand: Latitude Technolabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers mobile app development, web services, and digital marketing for businesses worldwide. | latitudetechnolabs.com |
Business activity
The main business activity of Latitude Technolabs 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 Latitude Technolabs Private Limited, buy the company report.
Financials of Latitude Technolabs Private Limited
FY 2025 filings availableLatitude Technolabs Private Limited reported revenue of ₹5.47 Cr (up 5% YoY) for FY 2024.
Revenue · FY 2024
₹5.47 Cr ▲ 5%
Net profit · FY 2024
₹78,852 margin 0.1%
EBITDA · FY 2024
₹20.86 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 31%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▲ 15%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 5% growth in the latest year. EBITDA fell 64% 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 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹20.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78,852 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Latitude Technolabs Private Limited, buy the company report.
Board of directors of Latitude Technolabs Private Limited
Latitude Technolabs has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aarti Jayprakash Vasdewani | Director | 22 Sep 2017 | 9 Years 1 Months | Current |
| Jayprakash Narayanbhai Vasdewani | Director | 22 Sep 2017 | 9 Years 1 Months | Current |
| Bhagwanti Vasdewani Narayanbhai Also directs: SSDN Global Trading Private Limited | Additional Director | 01 Dec 2018 | 7 Years 11 Months | Current |
| Narayanbhai Mulchandbhai Vasdewani Also directs: SSDN Global Trading Private Limited | Additional Director | 01 Dec 2018 | 7 Years 11 Months | Current |
Peer comparison
Latitude Technolabs Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Datadriven Technologies Private Limited | ₹5.48 Cr (FY 2025) | -14.0% | Delhi, India | |||
| Ax2 Technologies Private Limited | ₹5.47 Cr (FY 2024) | -15.0% | Chennai, Tamil Nadu, India | |||
| Northakross Technologies Private Limited | ₹5.47 Cr (FY 2024) | -10.0% | Mumbai, Maharashtra, India | |||
| Latitude Technolabs Private Limitedthis company | ₹5.47 Cr (FY 2024) | ₹78,852 | 0.1% | 5.0% | 20 | Ahmedabad, Gujarat, India |
| VNBR Consulting Services India Private Limited | ₹5.46 Cr (FY 2025) | -8.0% | Hyderabad, Telangana, India | |||
| Binaryerp Software Private Limited | ₹5.45 Cr (FY 2024) | 17.0% | Chandigarh, India | |||
| Surfboard Payments India Private Limited | ₹5.45 Cr (FY 2024) | 17.0% | Guduvanchery, Tamil Nadu, India |
To see the full peer comparison of Latitude Technolabs Private Limited, buy the company report.
Auditor
Latitude Technolabs Private Limited is audited by SAHARSH GANDHI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHARSH GANDHI & CO | FY 2022 | 139568W |
Shareholding
The shareholding of Latitude Technolabs Private 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 Latitude Technolabs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.98 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101233308 | Others | ₹1.98 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Latitude Technolabs Private Limited has 2 court cases on record: 2 filed by Latitude Technolabs. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Dian Apps Technologies Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Latitude Technolabs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Latitude Technolabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Latitude Technolabs Private Limited has a workforce of 20 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-23.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 20 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Latitude Technolabs Private Limited, buy the company report.
GST
Latitude Technolabs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCL4176E1ZP | Gujarat | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Latitude Technolabs Private Limited, buy the company report.
Recent activity
Latitude Technolabs Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Bhagwanti Vasdewani Narayanbhai was appointed as Additional Director on 01 Dec 2018.
Charges
A charge with Others amounted to Rs. 198.00 Lakh with Charge ID 101233308 was registered on 27 Jan 2026.
AGM
Latitude Technolabs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Latitude Technolabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Bhagwanti Vasdewani Narayanbhai was appointed as Additional Director.
Appointed
Narayanbhai Mulchandbhai Vasdewani was appointed as Additional Director.
Appointed
Aarti Jayprakash Vasdewani was appointed as Director.
Appointed
Jayprakash Narayanbhai Vasdewani was appointed as Director.
Incorporation
22 Sep 2017
Latitude Technolabs Private Limited was registered on 22 Sep 2017 with Roc Ahmedabad & aged 9 years 1 month as per MCA records.
Frequently asked questions
Latitude Technolabs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 September 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC099207.
Latitude Technolabs has 4 current directors:
- Aarti Jayprakash Vasdewani - Director
- Jayprakash Narayanbhai Vasdewani - Director
- Bhagwanti Vasdewani Narayanbhai - Additional Director
- Narayanbhai Mulchandbhai Vasdewani - Additional Director
The latest financial statements of Latitude Technolabs 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 FY 2018 are in the company report.
The GSTIN of Latitude Technolabs is 24AADCL4176E1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Latitude Technolabs is U72900GJ2017PTC099207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latitude Technolabs has 2 court cases on record: 2 filed by the company. 2 are pending.
Latitude Technolabs was incorporated on 22 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Latitude Technolabs by revenue are Datadriven Technologies Private Limited, Ax2 Technologies Private Limited, Northakross Technologies Private Limited, VNBR Consulting Services India Private Limited, Binaryerp Software Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bhagwanti Vasdewani Narayanbhai was appointed as Additional Director on 01 Dec 2018. Narayanbhai Mulchandbhai Vasdewani was appointed as Additional Director on 01 Dec 2018. Aarti Jayprakash Vasdewani was appointed as Director on 22 Sep 2017. Latitude Technolabs has 4 board changes on record in total.
Yes, Latitude Technolabs is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0004282).
Latitude Technolabs can be reached through the website latitudetechnolabs.com. Its registered office is in Ahmedabad, Gujarat, India.
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