Mannit Technolabs Private Limited

Mannit Technolabs Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2018PTC125054 Incorporated 01 October 2018 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹3.54 Cr
▲ 21% YoY
Net profit · FY 2023
₹21.22 Lakh
Net margin 6%
EBITDA · FY 2023
₹42.15 Lakh
EBITDA margin 11.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
14
Provident fund records
Directors on board
2
As per MCA filings

About Mannit Technolabs Private Limited

Data last updated:

Mannit Technolabs Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Pt Global Unggul Mandiri. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2018PTC125054. Its GSTIN is 33AAKCP1184H1ZF (Tamil Nadu).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Veeraraghavan Suresh and Logeshwaran.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Chennai, Tamil Nadu.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.54 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹21.22 Lakh (net margin 6%) and EBITDA of ₹42.15 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Paxel.

For more details, the company can be reached via its website paxel.co.

Company details

CIN U74999TN2018PTC125054
Registration Number 125054
Incorporation Date 01 October 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Pt Global Unggul Mandiri

Contact details

Mannit Technolabs Private Limited's registered office is in Chennai, Tamil Nadu. Its website is paxel.co. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    Plot No.6 Medavakkam Main Road, Ullagaram, Chennai, Tamil Nadu, India – 600091
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Mannit Technolabs Private Limited, buy the company report.

Comprehensive company report
Mannit 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

Mannit Technolabs operates one associated brand: Paxel. Each brand links to its own profile.

BrandDescriptionWebsite
Solutions for last-mile delivery management are provided through mobile applications.paxel.co

Business activity

The main business activity of Mannit Technolabs is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Mannit Technolabs Private Limited, buy the company report.

Financials of Mannit Technolabs Private Limited

FY 2023 filings available

Mannit Technolabs Private Limited reported revenue of ₹3.54 Cr (up 21% YoY) for FY 2023.

Revenue · FY 2023
₹3.54 Cr ▲ 21%
Net profit · FY 2023
₹21.22 Lakh margin 6%
EBITDA · FY 2023
₹42.15 Lakh margin 11.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 9%

Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 21% growth in the latest year. EBITDA fell 1% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.54 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹42.15 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.22 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin11.9%
Net Profit Margin6%
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 Mannit Technolabs Private Limited, buy the company report.

Board of directors of Mannit Technolabs Private Limited

Mannit Technolabs has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Veeraraghavan SureshDirector15 Jul 20206 Years 3 MonthsCurrent
LogeshwaranAdditional Director01 Feb 20242 Years 8 MonthsCurrent

Auditor

Mannit Technolabs Private Limited is audited by GHG Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GHG AssociatesFY 2023008703S

Shareholding

The shareholding of Mannit Technolabs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mannit Technolabs Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mannit Technolabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Mannit Technolabs Private Limited has a workforce of 14 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1
Employee growth
-44%

GST

Mannit Technolabs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAKCP1184H1ZFTamil NaduActive17 Jan 2019

To see the full GST registrations and return filing status of Mannit Technolabs Private Limited, buy the company report.

Recent activity

Mannit Technolabs Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Logeshwaran was appointed as Additional Director on 01 Feb 2024.

Appointed
Logeshwaran was appointed as Additional Director.
AGM
Mannit Technolabs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Mannit Technolabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Ceased
Ananthakrishnan Saravanan ceased to be Director.
Ceased
Erick Soedjasa ceased to be Additional Director.
Ceased
Veeraraghavan Suresh ceased to be Additional Director.
Appointed
Veeraraghavan Suresh was appointed as Director.
Ceased
Madhadevan Ganesan ceased to be Director.
Ceased
Vijayabalaji Franc Govindaradjalou ceased to be Director.
Incorporation
01 Oct 2018
Mannit Technolabs Private Limited was registered on 01 Oct 2018 with Roc Chennai & aged 8 years 26 days as per MCA records.

Frequently asked questions

Mannit Technolabs is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 October 2018 (8+ years old) and is registered under CIN U74999TN2018PTC125054.

Mannit Technolabs has 2 current directors:

The latest financial statements of Mannit Technolabs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Mannit Technolabs is 33AAKCP1184H1ZF, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Mannit Technolabs is U74999TN2018PTC125054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mannit Technolabs was incorporated on 01 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.

Logeshwaran was appointed as Additional Director on 01 Feb 2024. Ananthakrishnan Saravanan ceased to be Director on 05 Feb 2021. Erick Soedjasa ceased to be Additional Director on 31 Dec 2020. Mannit Technolabs has 7 board changes on record in total.

Mannit Technolabs can be reached through the website paxel.co. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Mannit Technolabs is at Plot No.6 Medavakkam Main Road, Ullagaram, Chennai, Tamil Nadu, India – 600091.

Mannit Technolabs operates in the information technology industry, in the application development and software solutions segment.