MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0073329
Network Labs (India) Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.64 Cr
▲ 9% YoY
Net profit · FY 2024
₹26.55 Lakh
Net margin 10.1%
EBITDA · FY 2024
₹74.68 Lakh
EBITDA margin 28.3%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹2.64 Lakh
Issued & subscribed
Open charges
₹39.5 Lakh
Satisfied ₹25 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
27
Provident fund records
About Network Labs (India) Private Limited
Data last updated:
Network Labs (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 23 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC053363. Its GSTIN is 29AADCN2766J1Z2 (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹2.64 Lakh. It is led by directors Santosh Rangappayya Deshpande and Trupti Santosh Deshpande.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.64 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹26.55 Lakh (net margin 10.1%) and EBITDA of ₹74.68 Lakh (EBITDA margin 28.3%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 5% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Networklabs. As per MCA filings, the company has open charges of ₹39.5 Lakh and satisfied charges of ₹25 Lakh on record.
Network Labs (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0073329). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website networklabs.in.
Company details
CIN U72200KA2010PTC053363
Registration Number 053363
Incorporation Date 23 April 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0073329
Recognitions & Rankings of Network Labs (India)
Contact details
Network Labs (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is networklabs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – Wing Fifth Floor Reliaable, Phoenix Towers No.16 16/1, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Network Labs (India) Private Limited, buy the company report.
Comprehensive company report
Network Labs (India) 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
Network Labs (India) operates one associated brand: Networklabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT training and professional development services are provided by Networklabs in Bangalore, India. | networklabs.in |
Business activity
The main business activity of Network Labs (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Network Labs (India) Private Limited, buy the company report.
Financials of Network Labs (India) Private Limited
FY 2024 filings availableNetwork Labs (India) Private Limited reported revenue of ₹2.64 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹2.64 Cr ▲ 9%
Net profit · FY 2024
₹26.55 Lakh margin 10.1%
EBITDA · FY 2024
₹74.68 Lakh margin 28.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 56%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▲ 73%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 9% growth in the latest year. EBITDA rose 115% 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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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹74.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.55 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.3% | ||||
| Net Profit Margin | 10.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Network Labs (India) Private Limited, buy the company report.
Board of directors of Network Labs (India) Private Limited
Network Labs (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Rangappayya Deshpande | Director | 23 Apr 2010 | 16 Years 6 Months | Current |
| Trupti Santosh Deshpande | Director | 11 Jun 2021 | 5 Years 5 Months | Current |
Auditor
Network Labs (India) Private Limited is audited by P.C. Patil And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.C. Patil And Associates | FY 2023 | 123467W |
Shareholding
The shareholding of Network Labs (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Network Labs (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹39.5 Lakh
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2020 | 100358073 | Canara Bank | ₹4.5 Lakh | Open | |
| 01 Jun 2011 | 10292717 | Canara Bank | ₹35 Lakh | Open | |
| 16 Nov 2010 | 10253165 | Syndicate Bank | ₹10 Lakh | Satisfied | |
| 16 Nov 2010 | 10253166 | Syndicate Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Network Labs (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Network Labs (India) 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 Network Labs (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Network Labs (India) Private Limited has a workforce of 27 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
28.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 27 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Network Labs (India) Private Limited, buy the company report.
GST
Network Labs (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN2766J1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Network Labs (India) Private Limited, buy the company report.
Recent activity
Network Labs (India) Private Limited has 10 board changes on record since 2010: 6 appointments and 4 cessations. The latest: Trupti Santosh Deshpande was appointed as Director on 11 Jun 2021.
Charges
A charge with Canara Bank of Rs. 35.00 Lakh registered on 01 Jun 2011 with Charge ID 10292717 was modified on 18 Dec 2024.
AGM
Network Labs (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Network Labs (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Trupti Santosh Deshpande was appointed as Director.
Ceased
Rangapayya Nagapayya Deshpande ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 4.50 Lakh with Charge ID 100358073 was registered on 03 Jun 2020.
Ceased
Ramarao Sheaker ceased to be Director.
Appointed
Rangapayya Nagapayya Deshpande was appointed as Director.
Ceased
Kuppian Tholasiram Harsha ceased to be Director.
Ceased
Suresh Babu Ashwathappa ceased to be Director.
Charges
A charge registered on 16 Nov 2010 via Charge ID 10253165 with Syndicate Bank was fully satisfied on 07 Jun 2011.
Charges
A charge registered on 16 Nov 2010 via Charge ID 10253166 with Syndicate Bank was fully satisfied on 07 Jun 2011.
8 earlier events are in the company report.
Frequently asked questions
Network Labs (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 23 April 2010 (16+ years old) and is registered under CIN U72200KA2010PTC053363.
Network Labs (India) has 2 current directors:
- Santosh Rangappayya Deshpande - Director
- Trupti Santosh Deshpande - Director
The latest financial statements of Network Labs (India) 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 Network Labs (India) is 29AADCN2766J1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Network Labs (India) is U72200KA2010PTC053363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Network Labs (India) was incorporated on 23 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Trupti Santosh Deshpande was appointed as Director on 11 Jun 2021. Rangapayya Nagapayya Deshpande ceased to be Director on 09 May 2021. Ramarao Sheaker ceased to be Director on 01 Oct 2012. Network Labs (India) has 10 board changes on record in total.
Yes, Network Labs (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0073329).
Network Labs (India) can be reached through the website networklabs.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Network Labs (India) is at B – Wing Fifth Floor Reliaable, Phoenix Towers No.16 161, Bangalore, Karnataka, India – 560001.
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