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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
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
Netpico Labs Private Limited's registered office is in Mumbai, Maharashtra. Its website is piconets.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No.D19 Emp – 29 Evershine Millennium Paradise Thakur Village Kandivali (E), Mumbai, Maharashtra, India – 400101
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Netpico Labs Private Limited, buy the company report.
Comprehensive company report
Netpico 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
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 availableNetpico 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.79 Lakh | ||||
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| Net Profit (PAT) | -₹5.56 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -30.3% | ||||
| Net Profit Margin | -44.5% | ||||
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To see the full financial statements and ratios of Netpico Labs Private Limited, buy the company report.
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
Netpico Labs Private Limited is compared with the 10 companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband), from the latest filed financials of each company.
| 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 Limitedthis company | ₹12.51 Lakh (FY 2025) | -₹5.56 Lakh | -44.5% | 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 |
To see the full peer comparison of Netpico Labs Private Limited, buy the company report.
Auditor
Netpico Labs Private Limited is audited by HIREN P SHAH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIREN P SHAH & ASSOCIATES | FY 2019 | 115743W |
Shareholding
The shareholding of Netpico Labs Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Netpico Labs Private Limited, buy the company report.
Deals & funding
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 |
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 Netpico 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 Netpico Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netpico Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN8563P1ZL | Maharashtra | Active | 09 Jan 2018 |
To see the full GST registrations and return filing status of Netpico Labs Private Limited, buy the company report.
Recent activity
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.
From our blog
Frequently asked questions
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 has 2 current directors:
- Prakash Haresh Advani - Director
- Poonam Prakash Advani - Director
The latest financial statements of Netpico Labs 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 FY 2018 are in the company report.
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.
Yes, Netpico Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Netpico Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0041035).