About Matelabs Innovations Private Limited
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Matelabs Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 30 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC094594. Its GSTIN is 29AAKCM4573D1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.36 Lakh. It is led by directors Rahul Vishwakarma (Managing Director) and Kailash Kishore Ahirwar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.33 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹65.31 Lakh (net margin -8.9%) and EBITDA of -₹63.41 Lakh (EBITDA margin -8.7%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 274% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mate Labs. The company has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹3.19 Cr; the latest was in January 2018. Its 10 peer companies in the Information Technology industry (Infrastructure Management) are compared by revenue, 5 larger and 5 smaller; the largest is Sensoft Solutions Private Limited with revenue of ₹7.59 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matelabs.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address91 Springboard 4th Floor No.22 #351 Salarpuria Towers – 1 Hosur Road Kora, Mangala, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, IT Infrastructure Management & 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
Associated Brands with Matelabs Innovations Private Limited
Matelabs Innovations operates one associated brand: Mate Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mate Labs is recognized as a last-mile analytics company focused on AI solutions for enterprises. | matelabs.ai |
Business Activity of Matelabs Innovations Private Limited
The main business activity of Matelabs Innovations is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Matelabs Innovations Private Limited FY 2024 filings available
Matelabs Innovations Private Limited reported revenue of ₹7.33 Cr (down 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Matelabs Innovations Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 274%. EBITDA fell 170% 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 Matelabs Innovations Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.33 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹63.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹65.31 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Matelabs Innovations Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.9% | •••• | •••• | •••• | •••• |
| 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 Matelabs Innovations 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.
Board of Directors of Matelabs Innovations Private Limited
Matelabs Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Vishwakarma | Managing Director | 30 Jun 2016 | 10 Years 3 Months | Current |
| Kailash Kishore Ahirwar Also directs: Levit8 Labs Private Limited | Director | 30 Jun 2016 | 10 Years 3 Months | Current |
Peer Comparison of Matelabs Innovations Private Limited
Matelabs Innovations Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sensoft Solutions Private Limited | ₹7.59 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Technowick Solutions Private Limited | ₹7.57 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | New Delhi, Delhi, India |
| Sirius Transtech Private Limited | ₹7.54 Cr (FY 2017) | •••• | •••• | -33.0% | •••• | Hyderabad, Telangana, India |
| Msys Connect India Private Limited | ₹7.44 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Bengaluru, Karnataka, India |
| Visicube Technologies Private Limited | ₹7.33 Cr (FY 2023) | •••• | •••• | 143.0% | •••• | Secunderabad, Telangana, India |
| Matelabs Innovations Private Limited this company | ₹7.33 Cr (FY 2023) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Sona Networks Private Limited | ₹7.3 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Hyderabad, Telangana, India |
| Wayzon Infotech Private Limited | ₹7.26 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Chennai, Tamil Nadu, India |
| Credent Solutions and Services Private Limited | ₹7.2 Cr (FY 2019) | •••• | •••• | 3.0% | •••• | Bareilly, Uttar Pradesh, India |
| Treya Wireless Private Limited | ₹7.19 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Fi-Tec Infra Solutions Private Limited | ₹7.09 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Matelabs Innovations by revenue in the Information Technology industry (Infrastructure Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Matelabs Innovations Private Limited
Matelabs Innovations Private Limited is audited by Dinesh J Ranka & co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dinesh J Ranka & co. | 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.
Ownership and Shareholding of Matelabs Innovations 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 Matelabs Innovations Private Limited
Matelabs Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Matelabs Innovations Private Limited
Matelabs Innovations Private Limited has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹3.19 Cr; the latest was in January 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Funding round | ₹2.98 Cr | Investors: Khattar Holding Private Limited, Omphalos Ventures India, AL Nour International Holding Company, an individual |
| Dec 2017 | Rights issue | ₹2 Lakh | Investors: an individual |
| Jul 2017 | Funding round | ₹5 Lakh | Investors: an individual |
| Mar 2017 | Funding round | ₹13.5 Lakh | Investors: Rising Talent HK Limited |
| Nov 2016 | Funding round | ₹2.3 Lakh | Investors: Brand Incubator Private Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Matelabs Innovations Private Limited
Matelabs Innovations Private Limited has a workforce of 5 employees as of Apr 06, 2024.
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 Matelabs Innovations Private Limited
Matelabs Innovations Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kailash Kishore Ahirwar was appointed as Director on 30 Jun 2016.
Credit Ratings, Litigation & Regulatory Alerts for Matelabs Innovations 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 Matelabs Innovations 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
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Subsidiaries & Group Companies of Matelabs Innovations 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 Matelabs Innovations Private Limited
Matelabs Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM4573D1Z8 | Karnataka | Active | 06 Jul 2017 |
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
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MCA Filings & Documents of Matelabs Innovations 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.
Related news about Matelabs Innovations Private Limited
Frequently Asked Questions about Matelabs Innovations Private Limited
Matelabs Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 30 June 2016 (10+ years old) and is registered under CIN U74999KA2016PTC094594.
Matelabs Innovations reported revenue of ₹7.33 Cr for FY 2023 (down 14% YoY).
Matelabs Innovations has 2 current directors:
- Rahul Vishwakarma - Managing Director
- Kailash Kishore Ahirwar - Director
Matelabs Innovations reported a net loss of ₹65.31 Lakh (net margin -8.9%) and EBITDA of -₹63.41 Lakh (EBITDA margin -8.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Matelabs Innovations is 50% over three years and 274% over five years. In the latest year (FY 2023) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Matelabs Innovations is 29AAKCM4573D1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Matelabs Innovations is U74999KA2016PTC094594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matelabs Innovations was incorporated on 30 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Matelabs Innovations has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹3.19 Cr; the latest was in January 2018.
The peers of Matelabs Innovations by revenue are Sensoft Solutions Private Limited, Technowick Solutions Private Limited, Sirius Transtech Private Limited, Msys Connect India Private Limited, Visicube Technologies Private Limited and 5 more, all in the Information Technology industry (Infrastructure Management).
Kailash Kishore Ahirwar was appointed as Director on 30 Jun 2016. Rahul Vishwakarma was appointed as Managing Director on 30 Jun 2016.