About Innostax Software Labs Private Limited
Data last updated:
Innostax Software Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72502TG2013PTC091723. Its GSTIN is 06AADCI4240A1Z9 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prashanth Kumar Tondapu and Sahil Khurana.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.97 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹84.57 Lakh (net margin 12.1%) and EBITDA of ₹1.36 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 21% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innostax. As per MCA filings, the company has open charges of ₹4.35 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innostax.com.
Company details
CIN history
Innostax Software Labs has one previous CIN (Corporate Identification Number): U72502AP2013PTC091723. The current CIN is U72502TG2013PTC091723, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72502TG2013PTC091723 | Current |
| U72502AP2013PTC091723 | Previous |
Contact details
Innostax Software Labs Private Limited's registered office is in Hyderabad, Telangana. Its website is innostax.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. E2205 Indis One City, Survey No. 1009 Kphb – Hitec City Main Road, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Innostax Software Labs 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
Innostax Software Labs operates one associated brand: Innostax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom software, mobile apps, and IT services to businesses worldwide. | innostax.com |
Business activity
The main business activity of Innostax Software Labs 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 Innostax Software Labs Private Limited, buy the company report.
Financials of Innostax Software Labs Private Limited
FY 2024 filings availableInnostax Software Labs Private Limited reported revenue of ₹6.97 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 55% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹84.57 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 12.1% | ||||
| 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 Innostax Software Labs Private Limited, buy the company report.
Board of directors of Innostax Software Labs Private Limited
Innostax Software Labs has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanth Kumar Tondapu Also directs: Innostax Travel Technologies Private Limited | Director | 17 Dec 2013 | 12 Years 10 Months | Current |
| Sahil Khurana Also directs: Innostax Travel Technologies Private Limited | Director | 20 Jul 2020 | 6 Years 3 Months | Current |
| Snigdha Garg Also directs: Innostax Travel Technologies Private Limited | Director | 14 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Innostax Software Labs Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Ayan Tech Solutions Private Limited | ₹6.99 Cr (FY 2025) | -7.0% | Chennai, Tamil Nadu, India | |||
| Namasys Private Limited | ₹6.99 Cr (FY 2025) | 72.0% | Delhi, India | |||
| Codewiz Labs Private Limited | ₹6.99 Cr (FY 2025) | 18.0% | Nagpur, Maharashtra, India | |||
| Simplesolve Technologies Private Limited | ₹6.98 Cr (FY 2025) | -25.0% | Chennai, Tamil Nadu, India | |||
| Mind Glow Engineering Consultancy Private Limited | ₹6.98 Cr (FY 2024) | 330.0% | Bangalore, Karnataka, India | |||
| Innostax Software Labs Private Limitedthis company | ₹6.97 Cr (FY 2025) | ₹84.57 Lakh | 12.1% | -21.0% | 8 | Hyderabad, Telangana, India |
| Goaugment Private Limited | ₹6.97 Cr (FY 2025) | -11.0% | Ramanathapuram Coimbatore, Tamil Nadu, India | |||
| The Rise Creative Solutions Private Limited | ₹6.97 Cr (FY 2025) | 254.0% | Secunderabad, Telangana, India | |||
| Vista Soft India Private Limited | ₹6.97 Cr (FY 2021) | 4.0% | Chennai, Tamil Nadu, India | |||
| Divyansh Infotech Private Limited | ₹6.97 Cr (FY 2024) | 14.0% | Shikohabad, Uttar Pradesh, India |
To see the full peer comparison of Innostax Software Labs Private Limited, buy the company report.
Auditor
Innostax Software Labs Private Limited is audited by PANKAJ KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ KUMAR | FY 2023 | 096918 |
Shareholding
The shareholding of Innostax Software Labs 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 Innostax Software Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2021 | 100419360 | Others | ₹4.35 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Innostax Software Labs Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (COMI) | Filed against the company by M/S Shokunin Consulting Pvt Ltd | Disposed |
| High Court of Punjab and Haryana | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Innostax Software Labs 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
No delayed payments to MSME suppliers are on our record for Innostax Software Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innostax Software Labs Private Limited has a workforce of 8 employees on its EPFO records as of Apr 29, 2024, across 1 active EPFO establishment.
GST
Innostax Software Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCI4240A1Z9 | Haryana | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of Innostax Software Labs Private Limited, buy the company report.
Recent activity
Innostax Software Labs Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Vimala Tondapu ceased to be Director on 15 Mar 2023.
Frequently asked questions
Innostax Software Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 December 2013 (13+ years old) and is registered under CIN U72502TG2013PTC091723.
Innostax Software Labs has 3 current directors:
- Prashanth Kumar Tondapu - Director
- Sahil Khurana - Director
- Snigdha Garg - Director
The latest financial statements of Innostax Software Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Innostax Software Labs is 06AADCI4240A1Z9, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Innostax Software Labs is U72502TG2013PTC091723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innostax Software Labs has 2 court cases on record: 2 filed against it. Most are in the district courts.
Innostax Software Labs was incorporated on 17 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Innostax Software Labs by revenue are Ayan Tech Solutions Private Limited, Namasys Private Limited, Codewiz Labs Private Limited, Simplesolve Technologies Private Limited, Mind Glow Engineering Consultancy Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Vimala Tondapu ceased to be Director on 15 Mar 2023. Sahil Khurana was appointed as Director on 20 Jul 2020. Snigdha Garg was appointed as Director on 14 Jan 2016. Innostax Software Labs has 4 board changes on record in total.
Innostax Software Labs can be reached through the website innostax.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Innostax Software Labs is at Flat No. E2205 Indis One City, Survey No. 1009 Kphb – Hitec City Main Road, Hyderabad, Telangana, India – 500072.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
