About Modfx Labs LLP
Data last updated:
Modfx Labs LLP was a limited liability partnership (LLP) based in Gurgaon, Haryana, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 25 October 2016.
The LLP was registered with the Registrar of Companies (ROC), Delhi, under LLPIN AAH-6863. The LLP has 1 GST registration on record, which is no longer active.
The LLP had a total obligation of contribution of ₹20,000. It was led by designated partners including Mandeep Singh and Anant Pokharna.
Its latest statement of accounts is for the year ended 31 March 2019. The registered office was at 1123A Jmd Megapolis Sohna Road, Gurgaon, Haryana, India – 122018.
As per the financials filed for FY 2019, the LLP reported a revenue of ₹6.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 18%) and EBITDA of ₹6.48 Cr (EBITDA margin 100.1%).
The last known website on record is modfxlabs.com.
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- Registered Address1123A Jmd Megapolis Sohna Road, Gurgaon, Haryana, India – 122018
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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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Financials of Modfx Labs LLP FY 2019 filings available
Modfx Labs LLP reported revenue of ₹6.48 Cr (up 263% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Modfx Labs LLP
Revenue rose 263% in the latest year. EBITDA rose 263% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Modfx Labs LLP
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | ₹6.48 Cr | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• |
| Profit After Tax | ₹1.17 Cr | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• |
| Assets and Liabilities | |||
| Partners' Contribution | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Modfx Labs LLP
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 18% | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Modfx Labs 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.
Designated Partners of Modfx Labs LLP
Modfx Labs has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Also directs: Equatexy Technologies Private Limited, Modfx Labs Private Limited | Designated Partner | 22 Jan 2018 | 8 Years 8 Months | As last reported |
| Anant Pokharna Also directs: Unisol Chemtech Limited | Designated Partner | 25 Oct 2016 | 9 Years 11 Months | As last reported |
| Mandeep Kaur Also directs: Equatexy Technologies Private Limited, Modfx Labs Private Limited | Designated Partner | 25 Oct 2016 | 9 Years 11 Months | As last reported |
Auditor Details of Modfx Labs LLP
Auditor information for Modfx Labs LLP provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Modfx Labs LLP
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 Modfx Labs LLP
Modfx Labs LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Modfx Labs LLP
Employment history and EPFO contributions of people linked to Modfx Labs.
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
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Recent Activity on Modfx Labs LLP
Modfx Labs LLP has 4 designated partner changes on record since 2016: 3 appointments and 1 cessation. The latest: Mandeep Singh was appointed as Designated Partner on 22 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Modfx Labs LLP
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 Modfx Labs LLP
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 Modfx Labs LLP
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
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GST Compliance of Modfx Labs LLP
Modfx Labs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Modfx Labs LLP
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.
Frequently Asked Questions about Modfx Labs LLP
Modfx Labs has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Modfx Labs was a limited liability partnership based in Gurgaon, Haryana, India. The LLP worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 25 October 2016 and is registered under LLPIN AAH-6863. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Modfx Labs is AAH-6863. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Modfx Labs had 3 designated partners:
- Mandeep Singh - Designated Partner
- Anant Pokharna - Designated Partner
- Mandeep Kaur - Designated Partner
Modfx Labs was incorporated on 25 October 2016. It is registered with the Registrar of Companies, Delhi.
Modfx Labs can be reached through the website modfxlabs.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Modfx Labs is at 1123A Jmd Megapolis Sohna Road, Gurgaon, Haryana, India – 122018.
Modfx Labs reported revenue of ₹6.48 Cr for FY 2019 (up 263% YoY).
The total obligation of contribution is ₹20,000.
Modfx Labs reported a net profit of ₹1.17 Cr (net margin 18%) and EBITDA of ₹6.48 Cr (EBITDA margin 100.1%) for FY 2019, as per its filed financial statements.