Netsurf Research Labs Private Limited

Netsurf Research Labs Private Limited - agriculture in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U20237PN2005PTC142594 Incorporated 26 August 2005 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company agriculture MSME · Small
Data last updated
Revenue · FY 2023
₹5.94 Cr
▼ 71% YoY
Net loss · FY 2023
₹2.68 Cr
Net margin -45.2%
EBITDA · FY 2023
-₹3.19 Cr
EBITDA margin -53.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
50
Provident fund records
Directors on board
3
As per MCA filings

About Netsurf Research Labs Private Limited

Data last updated:

Netsurf Research Labs Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 26 August 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U20237PN2005PTC142594. Its GSTIN is 02AACCN2644L1ZM (Himachal Pradesh). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.01 Cr. It was formerly known as Netone Technologies Private Limited. It is led by directors including Sujit Sohanlal Jain and Sanjay Malpani.

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 Sr. No. 107 Emirus Bldg. E 5th Floor Baner Pune 411045, Maharashtra, India – 411045.

As per the financials filed for FY 2023, the company reported a revenue of ₹5.94 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹2.68 Cr (net margin -45.2%) and EBITDA of -₹3.19 Cr (EBITDA margin -53.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 11% over five years.

The company has about 50 employees on its provident fund (EPFO) records.

Netsurf Research Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0004836). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website griin.in.

Company details

CIN U20237PN2005PTC142594
Registration Number 142594
Incorporation Date 26 August 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HP-11-0004836

CIN history

Netsurf Research Labs has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20237PN2005PTC142594, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U20237PN2005PTC142594Current
U72900MH2005PTC155663Previous
U73100MH2005PTC155663Previous
U73100PN2005PTC142594Previous

Recognitions & Rankings of Netsurf Research Labs

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-HP-11-0004836

Contact details

Netsurf Research Labs Private Limited's registered office is in Pune, Maharashtra. Its website is griin.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Sr. No. 107 Emirus Bldg. E 5th Floor Baner Pune 411045, Maharashtra, India – 411045
  • Industry
    Agriculture, Agri Support Services

To see the full contact details of Netsurf Research Labs Private Limited, buy the company report.

Comprehensive company report
Netsurf Research 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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Financials of Netsurf Research Labs Private Limited

FY 2024 filings available

Netsurf Research Labs Private Limited reported revenue of ₹5.94 Cr (down 71% YoY) for FY 2023.

Revenue · FY 2023
₹5.94 Cr ▼ 71%
Net loss · FY 2023
₹2.68 Cr margin -45.2%
EBITDA · FY 2023
-₹3.19 Cr margin -53.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 32%
5 years · compounded
▼ 11%

Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 71% fall 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹5.94 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.19 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.68 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-53.7%
Net Profit Margin-45.2%
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 Netsurf Research Labs Private Limited, buy the company report.

Board of directors of Netsurf Research Labs Private Limited

Netsurf Research Labs has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sujit Sohanlal JainDirector29 Mar 201115 Years 7 MonthsCurrent
Sanjay MalpaniDirector26 Aug 200521 Years 2 MonthsCurrent
Pradeep Vishawnath TeteDirector19 Oct 20206 Years 0 MonthsCurrent

Auditor

Netsurf Research Labs Private Limited is audited by MSDN And Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MSDN And AssociatesFY 2023112479W

Shareholding

The shareholding of Netsurf Research 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Netsurf Research Labs Private Limited, buy the company report.

MSME payment delays

Netsurf Research Labs Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 58 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 14)

SupplierAmount dueDue sinceReported on
PKB Projects Private Limited
an individual supplier
Ajay Bio-Tech (India) Limited
Navdurga Packers
Interstellar Testing Centre Private Limited

To see the full MSME payment records of Netsurf Research Labs Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Netsurf Research Labs has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Netsurf Research Labs Private Limited has a workforce of 50 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.

Employee count
50
Active EPFO establishments
2
Employee growth
-5.66%

GST

Netsurf Research Labs has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
02AACCN2644L1ZMHimachal PradeshActive01 Jul 2017
27AACCN2644L1ZAMaharashtraActive01 Jul 2017
27AACCN2644L2Z9MaharashtraActive24 Mar 2025
29AACCN2644L1Z6KarnatakaActive11 Jun 2025

To see the full GST registrations and return filing status of Netsurf Research Labs Private Limited, buy the company report.

Recent activity

Netsurf Research Labs Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Pradeep Vishawnath Tete ceased to be Additional Director on 31 Dec 2020.

AGM
Netsurf Research Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Netsurf Research Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Pradeep Vishawnath Tete ceased to be Additional Director.
Appointed
Pradeep Vishawnath Tete was appointed as Director.
Ceased
Raj Kamal ceased to be Director.
Appointed
Sujit Sohanlal Jain was appointed as Director.
Ceased
Sujit Sohanlal Jain ceased to be Director.
Appointed
Sanjay Malpani was appointed as Director.
Incorporation
26 Aug 2005
Netsurf Research Labs Private Limited was registered on 26 Aug 2005 with Roc Pune & aged 21 years 2 months as per MCA records.

Frequently asked questions

Netsurf Research Labs is an active private limited company based in Pune, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 26 August 2005 (21+ years old) and is registered under CIN U20237PN2005PTC142594.

Netsurf Research Labs has 3 current directors:

The latest financial statements of Netsurf Research 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 Netsurf Research Labs is 02AACCN2644L1ZM, registered in Himachal Pradesh. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AACCN2644L1ZA (Maharashtra), 27AACCN2644L2Z9 (Maharashtra), 29AACCN2644L1Z6 (Karnataka).

The CIN (Corporate Identification Number) of Netsurf Research Labs is U20237PN2005PTC142594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Netsurf Research Labs was incorporated on 26 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.

Pradeep Vishawnath Tete ceased to be Additional Director on 31 Dec 2020. Pradeep Vishawnath Tete was appointed as Director on 19 Oct 2020. Raj Kamal ceased to be Director on 29 Mar 2011. Netsurf Research Labs has 6 board changes on record in total.

Yes, Netsurf Research Labs is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0004836).

Netsurf Research Labs has 9 MSME Form 1 returns on record between 2019 and 2023, listing 58 overdue payments to 14 micro and small suppliers. The latest return was filed on 23 Oct 2023.

Netsurf Research Labs can be reached through the website griin.in. Its registered office is in Pune, Maharashtra, India.

The registered office of Netsurf Research Labs is at Sr. No. 107 Emirus Bldg. E 5th Floor Baner Pune 411045, Maharashtra, India – 411045.