About Marlabs Innovations Private Limited
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Marlabs Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Marlabs Asia Holdings Limited, Mauritius. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC039698. Its GSTIN is 29AAECM6806F1ZE (Karnataka). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹58.03 Cr and a paid-up capital of ₹2.25 Lakh. It is led by directors including Todd Michael Keller and Siby Vadakekkara Antony.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹305.88 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹26.51 Cr (net margin 8.7%) and EBITDA of ₹43.94 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 1,526 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Marlabs. As per MCA filings, the company has satisfied charges of ₹27.89 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹57 Cr; the latest was in March 2024. The company has 11 MSME Form 1 returns on record between 2017 and 2024, listing 88 overdue payments to 28 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marlabs.com.
Company details
Contact details
Marlabs Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is marlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrimeco Union City Wing – 1 Block – B, Sadaramangala Industrial Area Whitefield Main Road, Bangalore, Karnataka, India – 560067
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Marlabs Innovations Private Limited, buy the company report.
- 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
Brands
Marlabs Innovations operates one associated brand: Marlabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A suite of IT services is provided by Marlabs. | marlabs.com |
Business activity
The main business activity of Marlabs Innovations is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Marlabs Innovations Private Limited, buy the company report.
Financials of Marlabs Innovations Private Limited
FY 2025 filings availableMarlabs Innovations Private Limited reported revenue of ₹305.88 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹43.94 Cr | ||||
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| Net Profit (PAT) | ₹26.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 8.7% | ||||
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To see the full financial statements and ratios of Marlabs Innovations Private Limited, buy the company report.
Board of directors of Marlabs Innovations Private Limited
Marlabs Innovations has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Todd Michael Keller | Director | 18 Aug 2023 | 3 Years 2 Months | Current |
| Siby Vadakekkara Antony | Director | 23 Dec 2006 | 19 Years 9 Months | Current |
| Lakshmikanth Venkat Ramana Yellapantula | Director | 13 Dec 2024 | 1 Years 10 Months | Current |
| Phaneesh Murthy | Director | 12 May 2021 | 5 Years 5 Months | Current |
| Rachita Atal | Director | 13 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Marlabs Innovations Private Limited is audited by Walker Chandiok & Co Llp for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co Llp | FY 2022 | 001076N/N500013 |
Shareholding
The shareholding of Marlabs Innovations 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Marlabs Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2004 | 80006047 | Axis Bank Limited | ₹27 Cr | Satisfied | |
| 30 Aug 2001 | 90022693 | Uti Bank Ltd. | ₹89 Lakh | Satisfied |
To see the full charge records of Marlabs Innovations Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Marlabs Innovations Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹57 Cr; the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Marlabs LLC Seller: an individual |
| Sep 2017 | Funding round | ₹57 Cr | Investors: 4 individuals |
| Jan 2007 | Secondary share transfer | Undisclosed | Buyer: Marlabs Asia Holdings Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Marlabs Innovations Private Limited has 11 court cases on record: 6 filed by Marlabs Innovations, 5 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 0 |
| District courts | 2 | 1 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Deputy Commissioner of Income Tax Circle | Disposed |
| High Court | Writ petition | Filed by the company against Deputy Commissioner of Income Tax and 1 other | Disposed |
| High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax and 1 other | Disposed |
| High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax and 1 other | Disposed |
To see the full case history of Marlabs Innovations 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
Marlabs Innovations Private Limited has 11 MSME Form 1 returns on record between 2017 and 2024, listing 88 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Central Data Systems Private Limited | |||
| Togglenow Software Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| RCS Tech LLP |
To see the full MSME payment records of Marlabs Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Marlabs Innovations has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Et Marlabs Private Limited | U72200KA2011PTC060366 |
To see the full group structure of Marlabs Innovations Private Limited, buy the company report.
Employees & EPFO
Marlabs Innovations Private Limited has a workforce of 1,526 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Marlabs Innovations has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM6806F1ZE | Karnataka | Active | 01 Jul 2017 |
| 29AAECM6806F4ZB | Karnataka | Active | 18 Aug 2022 |
| 32AAECM6806F1ZR | Kerala | Active | 27 Nov 2017 |
To see the full GST registrations and return filing status of Marlabs Innovations Private Limited, buy the company report.
Recent activity
Marlabs Innovations Private Limited has 18 board changes on record since 2006: 5 appointments and 13 cessations. The latest: Lakshmikanth Venkat Ramana Yellapantula ceased to be Additional Director on 29 Sep 2025.
14 earlier events are in the company report.
News
Frequently asked questions
Marlabs Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 June 2006 (20+ years old) and is registered under CIN U72200KA2006PTC039698.
Marlabs Innovations has 5 current directors:
- Todd Michael Keller - Director
- Siby Vadakekkara Antony - Director
- Lakshmikanth Venkat Ramana Yellapantula - Director
- Phaneesh Murthy - Director
- Rachita Atal - Director
The latest financial statements of Marlabs Innovations 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 Marlabs Innovations is 29AAECM6806F1ZE, registered in Karnataka. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAECM6806F4ZB (Karnataka), 32AAECM6806F1ZR (Kerala).
The CIN (Corporate Identification Number) of Marlabs Innovations is U72200KA2006PTC039698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marlabs Innovations has 11 court cases on record: 6 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Marlabs Innovations was incorporated on 13 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Marlabs Innovations has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹57 Cr; the latest was in March 2024.
Lakshmikanth Venkat Ramana Yellapantula ceased to be Additional Director on 29 Sep 2025. Rachita Atal ceased to be Additional Director on 29 Sep 2025. Lakshmikanth Venkat Ramana Yellapantula was appointed as Director on 13 Dec 2024. Marlabs Innovations has 18 board changes on record in total.
Marlabs Innovations has 11 MSME Form 1 returns on record between 2017 and 2024, listing 88 overdue payments to 28 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Marlabs Innovations can be reached through the website marlabs.com. Its registered office is in Bangalore, Karnataka, India.