MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0015346
Mindlabs Systems Private Limited - information technology in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.16 Cr
▲ 19% YoY
Net profit · FY 2024
₹4.5 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹18.61 Lakh
EBITDA margin 8.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹21.42 Lakh
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
11
Provident fund records
About Mindlabs Systems Private Limited
Data last updated:
Mindlabs Systems Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2007PTC020965. Its GSTIN is 32AAFCM1597C1ZQ (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Deepthi Villa Joseph Pravin (Managing Director) and Naini Pious.
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 2A 2nd Floor Carnival Infopark Phase – IV, Ernakulam, Kerala, India – 682030.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.16 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹4.5 Lakh (net margin 2.1%) and EBITDA of ₹18.61 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Dollar Book and MindLabs Systems. As per MCA filings, the company has open charges of ₹21.42 Lakh on record.
Mindlabs Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0015346). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindlabssys.com.
Company details
CIN U72200KL2007PTC020965
Registration Number 020965
Incorporation Date 20 June 2007
ROC Ernakulam
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 Micro
Udyam Registration UDYAM-KL-02-0015346
Recognitions & Rankings of Mindlabs Systems
Contact details
Mindlabs Systems Private Limited's registered office is in Ernakulam, Kerala. Its website is mindlabssys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2A 2nd Floor Carnival Infopark Phase – IV, Ernakulam, Kerala, India – 682030
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mindlabs Systems Private Limited, buy the company report.
Comprehensive company report
Mindlabs Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mindlabs Systems operates two associated brands: Dollar Book and MindLabs Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App tracks expenses, manages budgets, and provides financial analytics for users. | dollarbook.app | |
| Delivers tailored application development services across various technology platforms. | mindlabssys.com |
Business activity
The main business activity of Mindlabs Systems 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 Mindlabs Systems Private Limited, buy the company report.
Financials of Mindlabs Systems Private Limited
FY 2025 filings availableMindlabs Systems Private Limited reported revenue of ₹2.16 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹2.16 Cr ▲ 19%
Net profit · FY 2024
₹4.5 Lakh margin 2.1%
EBITDA · FY 2024
₹18.61 Lakh margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 6%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 19%
5 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 19% growth in the latest year. EBITDA rose 39% 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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| EBITDA | ₹18.61 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹4.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mindlabs Systems Private Limited, buy the company report.
Board of directors of Mindlabs Systems Private Limited
Mindlabs Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepthi Villa Joseph Pravin | Managing Director | 20 Jun 2007 | 19 Years 4 Months | Current |
| Naini Pious | Additional Director | 14 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Mindlabs Systems Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Steadfast IT Consulting Private Limited | ₹2.16 Cr (FY 2025) | -30.0% | Thane, Maharashtra, India | |||
| Digifintax Solutions Private Limited | ₹2.16 Cr (FY 2024) | 54.0% | Mumbai, Maharashtra, India | |||
| Racking and Mezzanine International Private Limited | ₹2.16 Cr (FY 2025) | -13.0% | Angamaly, Kerala, India | |||
| Mindlabs Systems Private Limitedthis company | ₹2.16 Cr (FY 2024) | ₹4.5 Lakh | 2.1% | 19.0% | 11 | Ernakulam, Kerala, India |
| Wtsln Fintech Private Limited | ₹2.16 Cr (FY 2024) | 49.0% | Bangalore, Karnataka, India | |||
| Seconcloud IT Services Private Limited | ₹2.16 Cr (FY 2024) | -33.0% | Bangalore, Karnataka, India | |||
| Lals Software Services Private Limited | ₹2.16 Cr (FY 2024) | -22.0% | Pathanamthitta, Kerala, India | |||
| KST Infotech Private Limited | ₹2.16 Cr (FY 2024) | 117.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mindlabs Systems Private Limited, buy the company report.
Auditor
Mindlabs Systems Private Limited is audited by ABRAHAM AND ANTONY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABRAHAM AND ANTONY | FY 2023 | 017240S |
Shareholding
The shareholding of Mindlabs Systems 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mindlabs Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.42 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2023 | 100716090 | Hdfc Bank Limited | ₹21.42 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mindlabs Systems Private 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 Mindlabs Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mindlabs Systems Private Limited has a workforce of 11 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
10%
GST
Mindlabs Systems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCM1597C1ZQ | Kerala | Active | 06 Jul 2019 |
| 32AAFCM1597C2ZP | Kerala | Active | 28 Jun 2023 |
To see the full GST registrations and return filing status of Mindlabs Systems Private Limited, buy the company report.
Recent activity
Mindlabs Systems Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Naini Pious was appointed as Additional Director on 14 Nov 2016.
AGM
Mindlabs Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mindlabs Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.42 Lakh with Charge ID 100716090 was registered on 28 Apr 2023.
Appointed
Naini Pious was appointed as Additional Director.
Ceased
Deepthi Villa Deric Joseph ceased to be Director Appointed In Casual Vacancy.
Ceased
Deepthi Villa Joseph Pravin ceased to be Director.
Ceased
Joseph Antony ceased to be Director.
Appointed
Deepthi Villa Joseph Pravin was appointed as Managing Director.
Incorporation
20 Jun 2007
Mindlabs Systems Private Limited was registered on 20 Jun 2007 with Roc Ernakulam & aged 19 years 4 months as per MCA records.
Frequently asked questions
Mindlabs Systems is an active private limited company based in Ernakulam, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 June 2007 (19+ years old) and is registered under CIN U72200KL2007PTC020965.
Mindlabs Systems has 2 current directors:
- Deepthi Villa Joseph Pravin - Managing Director
- Naini Pious - Additional Director
The latest financial statements of Mindlabs Systems 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 Mindlabs Systems is 32AAFCM1597C1ZQ, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAFCM1597C2ZP (Kerala).
The CIN (Corporate Identification Number) of Mindlabs Systems is U72200KL2007PTC020965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindlabs Systems was incorporated on 20 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Mindlabs Systems by revenue are Steadfast IT Consulting Private Limited, Digifintax Solutions Private Limited, Racking and Mezzanine International Private Limited, Wtsln Fintech Private Limited, Seconcloud IT Services Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Naini Pious was appointed as Additional Director on 14 Nov 2016. Deepthi Villa Deric Joseph ceased to be Director Appointed In Casual Vacancy on 30 Sep 2015. Deepthi Villa Joseph Pravin ceased to be Director on 30 May 2011. Mindlabs Systems has 5 board changes on record in total.
Yes, Mindlabs Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0015346).
Mindlabs Systems can be reached through the website mindlabssys.com. Its registered office is in Ernakulam, Kerala, India.
The registered office of Mindlabs Systems is at 2A 2nd Floor Carnival Infopark Phase – IV, Ernakulam, Kerala, India – 682030.