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Nouveau Labs Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.55 Cr
▼ 25% YoY
Net profit · FY 2024
₹19.35 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹65.41 Lakh
EBITDA margin 3%
Authorised capital
₹71 Lakh
Registered with MCA
Paid-up capital
₹31 Lakh
Issued & subscribed
Open charges
₹45 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
72
Provident fund records
About Nouveau Labs Private Limited
Data last updated:
Nouveau Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC100951. Its GSTIN is 29AAFCN5190A1ZJ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹71 Lakh and a paid-up capital of ₹31 Lakh. It is led by directors including Tummalapenta Satyanarayana (Managing Director) and Lakshmi Polisetty.
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 Ca Site No 1 Hal 3rd Stage Behind Hotel Leela Palace Kodihalli, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.55 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹19.35 Lakh (net margin 0.9%) and EBITDA of ₹65.41 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 53% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nouveau Labs. As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
Nouveau Labs Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0073944). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nouveau-labs.com.
Company details
CIN U72900KA2017PTC100951
Registration Number 100951
Incorporation Date 01 March 2017
ROC Bangalore
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 MSME
Udyam Registration UDYAM-KR-03-0073944
Key People
Tummalapenta Satyanarayana Managing Director Lakshmi Polisetty Director Manoj Wagle Director Recognitions & Rankings of Nouveau Labs
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0073944
Contact details
Nouveau Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is nouveau-labs.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressCa Site No 1 Hal 3rd Stage Behind Hotel Leela Palace Kodihalli, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nouveau Labs Private Limited, buy the company report.
Comprehensive company report
Nouveau 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
Nouveau Labs operates one associated brand: Nouveau Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI, networking, cloud, and IT security services are provided. | nouveau-labs.com |
Business activity
The main business activity of Nouveau Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Nouveau Labs Private Limited, buy the company report.
Financials of Nouveau Labs Private Limited
FY 2025 filings availableNouveau Labs Private Limited reported revenue of ₹21.55 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹21.55 Cr ▼ 25%
Net profit · FY 2024
₹19.35 Lakh margin 0.9%
EBITDA · FY 2024
₹65.41 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 34%
5 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 20%
5 years · compounded
▲ 23%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 53%. EBITDA fell 82% 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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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹65.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.35 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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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 | 3% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Nouveau Labs Private Limited, buy the company report.
Board of directors of Nouveau Labs Private Limited
Nouveau Labs has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Polisetty Also directs: Bloomx Communications Private Limited | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Tummalapenta Satyanarayana Also directs: Bloomx Communications Private Limited | Managing Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Manoj Wagle | Director | 19 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Nouveau Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blueinfy Solutions Private Limited | ₹21.59 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Pratishthan Software Ventures Private Limited | ₹21.58 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India | |||
| Taashee Tech Labs Private Limited | ₹21.58 Cr (FY 2025) | 14.0% | Hyderabad, Telangana, India | |||
| Opcito Technologies Private Limited | ₹21.57 Cr (FY 2024) | -21.0% | Pune, Maharashtra, India | |||
| Ab Cartridge Private Limited | ₹21.56 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Nouveau Labs Private Limitedthis company | ₹21.55 Cr (FY 2024) | ₹19.35 Lakh | 0.9% | -25.0% | 72 | Bangalore, Karnataka, India |
| Esolutionsfirst Services Private Limited | ₹21.55 Cr (FY 2025) | 38.0% | Hyderabad, Telangana, India | |||
| Authmind India Private Limited | ₹21.55 Cr (FY 2025) | 89.0% | Pune, Maharashtra, India | |||
| Ird Software Private Limited | ₹21.54 Cr (FY 2024) | 90.0% | Bangalore, Karnataka, India | |||
| Quantum Asia Private Limited | ₹21.51 Cr (FY 2025) | 51.0% | Hyderabad, Telangana, India | |||
| Oaknorth (India) Private Limited | ₹21.51 Cr (FY 2025) | -51.0% | Haryana, India |
To see the full peer comparison of Nouveau Labs Private Limited, buy the company report.
Auditor
Nouveau Labs Private Limited is audited by ADITYA B N & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADITYA B N & CO | FY 2023 | 014093S |
Shareholding
The shareholding of Nouveau Labs Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nouveau Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2022 | 100663677 | Axis Bank Limited | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Nouveau Labs Private Limited has 5 court cases on record: 4 filed by Nouveau Labs, 1 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Meritsind Technologies Private Limited Rep by Director and Ceo | Pending |
| High Court, KARNATAKA | Appeal | Filed by the company against M/S Meritsind Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Meritsind Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Meritsind Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Nouveau Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nouveau Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nouveau Labs Private Limited has a workforce of 72 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
72
Active EPFO establishments
1
Employee growth
-10%
GST
Nouveau Labs has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN5190A1ZJ | Karnataka | Active | 01 Jul 2017 |
| 33AAFCN5190A1ZU | Tamil Nadu | Active | 16 Mar 2024 |
To see the full GST registrations and return filing status of Nouveau Labs Private Limited, buy the company report.
Recent activity
Nouveau Labs Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Prasanna Bala Kumar Singamsetty ceased to be Director on 13 Jan 2025.
AGM
Nouveau Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nouveau Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Prasanna Bala Kumar Singamsetty ceased to be Director.
Appointed
Prasanna Bala Kumar Singamsetty was appointed as Director.
Ceased
Tummalapenta Satyanarayana ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 45.00 Lakh with Charge ID 100663677 was registered on 28 Dec 2022.
Appointed
Manoj Wagle was appointed as Director.
Appointed
Lakshmi Polisetty was appointed as Director.
Appointed
Tummalapenta Satyanarayana was appointed as Managing Director.
Incorporation
01 Mar 2017
Nouveau Labs Private Limited was registered on 01 Mar 2017 with Roc Bangalore & aged 9 years 8 months as per MCA records.
Frequently asked questions
Nouveau Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 March 2017 (9+ years old) and is registered under CIN U72900KA2017PTC100951.
Nouveau Labs has 3 current directors:
- Tummalapenta Satyanarayana - Managing Director
- Lakshmi Polisetty - Director
- Manoj Wagle - Director
The latest financial statements of Nouveau 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 2017 are in the company report.
The GSTIN of Nouveau Labs is 29AAFCN5190A1ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCN5190A1ZU (Tamil Nadu).
The CIN (Corporate Identification Number) of Nouveau Labs is U72900KA2017PTC100951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nouveau Labs has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Nouveau Labs was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nouveau Labs by revenue are Blueinfy Solutions Private Limited, Pratishthan Software Ventures Private Limited, Taashee Tech Labs Private Limited, Opcito Technologies Private Limited, Ab Cartridge Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Prasanna Bala Kumar Singamsetty ceased to be Director on 13 Jan 2025. Prasanna Bala Kumar Singamsetty was appointed as Director on 03 May 2024. Tummalapenta Satyanarayana ceased to be Director on 27 Nov 2023. Nouveau Labs has 6 board changes on record in total.
Yes, Nouveau Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nouveau Labs is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0073944).
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