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Netpico Labs Private Limited - telecom in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.51 Lakh
▲ 3124% YoY
Net loss · FY 2025
₹5.56 Lakh
Net margin -44.5%
EBITDA · FY 2025
-₹3.79 Lakh
EBITDA margin -30.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Netpico Labs Private Limited
Data last updated:
Netpico Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 01 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2017PTC302361. Its GSTIN is 27AAFCN8563P1ZL (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Prakash Haresh Advani and Poonam Prakash Advani.
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 Shop No.D19 Emp – 29 Evershine Millennium Paradise Thakur Village Kandivali (E), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.51 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.56 Lakh (net margin -44.5%) and EBITDA of -₹3.79 Lakh (EBITDA margin -30.3%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 32% over five years.
The company is associated with 1 brand: picoNETS. The company has 1 deal on record (1 rights issue); the latest was in March 2022. Its 10 peer companies in the Telecom industry (Landline ISP and Broadband) are compared by revenue, 5 larger and 5 smaller; the largest is Mobile-X Private Limited with revenue of ₹12.92 Lakh.
Netpico Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0041035). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piconets.com.
Company Details of Netpico Labs Private Limited
CIN U74994MH2017PTC302361
Registration Number 302361
Incorporation Date 01 December 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0041035
Recognitions & Rankings of Netpico Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0041035
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No.D19 Emp – 29 Evershine Millennium Paradise Thakur Village Kandivali (E), Mumbai, Maharashtra, India – 400101
- IndustryTelecom, ISP & Broadband Services
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Associated Brands with Netpico Labs Private Limited
Netpico Labs operates one associated brand: picoNETS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Peer-assisted solutions for content caching and faster streaming are provided. | piconets.com |
Financials of Netpico Labs Private Limited FY 2025 filings available
Netpico Labs Private Limited reported revenue of ₹12.51 Lakh (up 3124% YoY) for FY 2025.
Revenue · FY 2025
₹12.51 Lakh ▲ 3124%
Net loss · FY 2025
₹5.56 Lakh margin -44.5%
EBITDA · FY 2025
-₹3.79 Lakh margin -30.3%
Compounded Annual Growth Rate (CAGR) of Netpico Labs Private Limited
Revenue CAGR growth
3 years · compounded
▼ 46%
5 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 38%
5 years · compounded
▼ 22%
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years. EBITDA rose 33% 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 Netpico Labs Private Limited
| 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 | -₹3.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.56 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 of Netpico Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -44.5% | •••• | •••• | •••• | •••• |
| 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 Netpico Labs are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Netpico Labs Private Limited
Netpico Labs has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Haresh Advani | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Poonam Prakash Advani | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
Peer Comparison of Netpico Labs Private Limited
Netpico Labs Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mobile-X Private Limited | ₹12.92 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Chittoor, Andhra Pradesh, India |
| Divyata Technologies Private Limited | ₹12.79 Lakh (FY 2024) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Flash Broadband Private Limited | ₹12.72 Lakh (FY 2022) | •••• | •••• | 0.0% | •••• | Latur, Maharashtra, India |
| Capsule Internet Services Private Limited | ₹12.71 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Thane, Maharashtra, India |
| Wind Stream Network Private Limited | ₹12.62 Lakh (FY 2023) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Netpico Labs Private Limited this company | ₹12.51 Lakh (FY 2025) | •••• | •••• | 3124.0% | •••• | Mumbai, Maharashtra, India |
| DMP Internet Services Private Limited | ₹12.44 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Dhampur, Uttar Pradesh, India |
| Pincer Communications Private Limited | ₹12.36 Lakh (FY 2024) | •••• | •••• | 61.0% | •••• | Mumbai, Maharashtra, India |
| Itransz FTTX Private Limited | ₹12.2 Lakh (FY 2025) | •••• | •••• | 5331.0% | •••• | Puducherry, India |
| Nandini Broadband Private Limited | ₹12.13 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Pune, Maharashtra, India |
| Mittal Telnet Services Private Limited | ₹12.07 Lakh (FY 2024) | •••• | •••• | 54.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Netpico Labs by revenue in the Telecom industry (Landline ISP and Broadband), 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 Netpico Labs Private Limited
Netpico Labs Private Limited is audited by HIREN P SHAH & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HIREN P SHAH & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Netpico Labs Private Limited
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Charges & Borrowings of Netpico Labs Private Limited
Netpico Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Netpico Labs Private Limited
Netpico Labs Private Limited has 1 deal on record (1 rights issue); the latest was in March 2022.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹70,000 | Investors: 4 individuals |
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Full deal history
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Employees and EPFO Compliance at Netpico Labs Private Limited
Employment history and EPFO contributions of people linked to Netpico Labs.
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Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Netpico Labs Private Limited
Netpico Labs Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Poonam Prakash Advani was appointed as Director on 01 Dec 2017.
AGM
Netpico Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Netpico Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Poonam Prakash Advani was appointed as Director.
Appointed
Prakash Haresh Advani was appointed as Director.
Incorporation
01 Dec 2017
Netpico Labs Private Limited was registered on 01 Dec 2017 with Roc Mumbai & aged 8 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Netpico Labs Private Limited
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MSME Payment Delays by Netpico Labs Private Limited
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Subsidiaries & Group Companies of Netpico Labs Private Limited
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GST Compliance of Netpico Labs Private Limited
Netpico Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN8563P1ZL | Maharashtra | Active | 09 Jan 2018 |
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MCA Filings & Documents of Netpico Labs Private Limited
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Related news about Netpico Labs Private Limited
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Frequently Asked Questions about Netpico Labs Private Limited
Netpico Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 01 December 2017 (9+ years old) and is registered under CIN U74994MH2017PTC302361.
Netpico Labs reported revenue of ₹12.51 Lakh for FY 2025 (up 3124% YoY).
Netpico Labs has 2 current directors:
- Prakash Haresh Advani - Director
- Poonam Prakash Advani - Director
Netpico Labs reported a net loss of ₹5.56 Lakh (net margin -44.5%) and EBITDA of -₹3.79 Lakh (EBITDA margin -30.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Netpico Labs is -46% over three years and -32% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Netpico Labs is 27AAFCN8563P1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Netpico Labs is U74994MH2017PTC302361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netpico Labs was incorporated on 01 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Netpico Labs has 1 deal on record (1 rights issue); the latest was in March 2022.
The peers of Netpico Labs by revenue are Mobile-X Private Limited, Divyata Technologies Private Limited, Flash Broadband Private Limited, Capsule Internet Services Private Limited, Wind Stream Network Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Poonam Prakash Advani was appointed as Director on 01 Dec 2017. Prakash Haresh Advani was appointed as Director on 01 Dec 2017.