MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-09-0036946
Myd Labs Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.78 Cr
▲ 16% YoY
Net profit · FY 2024
₹10.45 Lakh
Net margin 5.9%
EBITDA · FY 2024
₹32.07 Lakh
EBITDA margin 18%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Myd Labs Private Limited
Data last updated:
Myd Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 10 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2016PTC103759. Its GSTIN is 36AAKCM2472M1Z0 (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Mulpuri Vara Nagamani and Suneel Kumar Dasari.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 201 Lh – 17 Flat No.1902 Lanco Hills Chitrapuri Post Manikonda, Hyderabad, Telangana, India – 500089.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.78 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹10.45 Lakh (net margin 5.9%) and EBITDA of ₹32.07 Lakh (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 32% over five years.
The company is associated with 2 brands: MYD Labs and EZTax. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2020.
Myd Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0036946). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eztax.in.
Company details
CIN U72200TG2016PTC103759
Registration Number 103759
Incorporation Date 10 March 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-09-0036946
Recognitions & Rankings of Myd Labs
Contact details
Myd Labs Private Limited's registered office is in Hyderabad, Telangana. Its website is eztax.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSurvey No. 201 Lh – 17 Flat No.1902 Lanco Hills Chitrapuri Post Manikonda, Hyderabad, Telangana, India – 500089
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Myd Labs Private Limited, buy the company report.
Comprehensive company report
Myd Labs 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
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Brands
Myd Labs operates two associated brands: MYD Labs and EZTax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online platforms for tax filing, accounting, and compliance for individuals and businesses. | mydlabs.com | |
| Online platform for income tax filing, GST accounting, and TDS preparation services. | eztax.in |
Business activity
The main business activity of Myd Labs is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Myd Labs Private Limited, buy the company report.
Financials of Myd Labs Private Limited
FY 2025 filings availableMyd Labs Private Limited reported revenue of ₹1.78 Cr (up 16% YoY) for FY 2024.
Revenue · FY 2024
₹1.78 Cr ▲ 16%
Net profit · FY 2024
₹10.45 Lakh margin 5.9%
EBITDA · FY 2024
₹32.07 Lakh margin 18%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 28%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 125%
5 years · compounded
▲ 63%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 16% growth in the latest year. EBITDA rose 2% 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 | ₹32.07 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹10.45 Lakh | ||||
| Balance Sheet | |||||
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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 | 18% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Myd Labs Private Limited, buy the company report.
Board of directors of Myd Labs Private Limited
Myd Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mulpuri Vara Nagamani | Director | 10 Mar 2016 | 10 Years 7 Months | Current |
| Suneel Kumar Dasari | Director | 10 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Myd Labs Private Limited is audited by NSVR & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NSVR & Associates LLP | FY 2022 | 08801S |
Shareholding
The shareholding of Myd Labs Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Myd Labs Private Limited, buy the company report.
Deals & funding
Myd Labs Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2020.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹99 Lakh | Investors: 2 individuals |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Myd Labs 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 Myd Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Myd Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCM2472M1Z0 | Telangana | Active | 06 Jul 2017 |
To see the full GST registrations and return filing status of Myd Labs Private Limited, buy the company report.
Recent activity
Myd Labs Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Ravi Kumar Dasari ceased to be Director on 20 Jan 2025.
AGM
Myd Labs Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Myd Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Ravi Kumar Dasari ceased to be Director.
Appointed
Mulpuri Vara Nagamani was appointed as Director.
Appointed
Ravi Kumar Dasari was appointed as Director.
Appointed
Suneel Kumar Dasari was appointed as Director.
Incorporation
10 Mar 2016
Myd Labs Private Limited was registered on 10 Mar 2016 with Roc Hyderabad & aged 10 years 7 months as per MCA records.
News
Frequently asked questions
Myd Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 10 March 2016 (10+ years old) and is registered under CIN U72200TG2016PTC103759.
Myd Labs has 2 current directors:
- Mulpuri Vara Nagamani - Director
- Suneel Kumar Dasari - Director
The latest financial statements of Myd Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Myd Labs is 36AAKCM2472M1Z0, registered in Telangana.
The CIN (Corporate Identification Number) of Myd Labs is U72200TG2016PTC103759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Myd Labs was incorporated on 10 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Myd Labs has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2020.
Ravi Kumar Dasari ceased to be Director on 20 Jan 2025. Mulpuri Vara Nagamani was appointed as Director on 10 Mar 2016. Ravi Kumar Dasari was appointed as Director on 10 Mar 2016. Myd Labs has 4 board changes on record in total.
Yes, Myd Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-09-0036946).
Myd Labs can be reached through the website eztax.in. Its registered office is in Hyderabad, Telangana, India.