About Olethia Labs Private Limited
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Olethia Labs Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Priava Group Pty Ltd. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 02 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015FTC270655. Its GSTIN is 27AACCO2434R1Z1 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹90,000. It is led by directors Pradnya Nikhil Deole and James Riley Hughes.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hiranandani Business Park, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.82 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹91.82 Lakh (net margin 5.5%) and EBITDA of ₹1.74 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 38% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olethia.com.
Company details
Contact details
Olethia Labs Private Limited's registered office is in Thane, Maharashtra. Its website is olethia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVo – 365 Wework Zenia 4th Floor Hiranandani Circle, Hiranandani Business Park, Thane, Maharashtra, India – 400607
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Olethia Labs Private Limited, buy the company report.
- 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
Business activity
The main business activity of Olethia 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 Olethia Labs Private Limited, buy the company report.
Financials of Olethia Labs Private Limited
FY 2025 filings availableOlethia Labs Private Limited reported revenue of ₹16.82 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 8% growth in the latest year. EBITDA rose 12% 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 | ₹1.74 Cr | ||||
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| Net Profit (PAT) | ₹91.82 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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| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Olethia Labs Private Limited, buy the company report.
Board of directors of Olethia Labs Private Limited
Olethia Labs has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradnya Nikhil Deole Also directs: Momentus Technologies India Private Limited | Director | 18 Dec 2024 | 1 Years 10 Months | Current |
| James Riley Hughes Also directs: Momentus Technologies India Private Limited | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Olethia Labs Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Aes Technologies (India) Private Limited | ₹16.88 Cr (FY 2024) | -29.0% | Coimbatore, Tamil Nadu, India | |||
| Portall Infosystems Private Limited | ₹16.86 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Opendoors Fintech Private Limited | ₹16.86 Cr (FY 2024) | -61.0% | New Delhi, Delhi, India | |||
| Winspire Solutions Private Limited | ₹16.85 Cr (FY 2024) | 4.0% | Pune, Maharashtra, India | |||
| Boxnsights Software Technologies Private Limited | ₹16.84 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| Olethia Labs Private Limitedthis company | ₹16.82 Cr (FY 2025) | ₹91.82 Lakh | 5.5% | 8.0% | 46 | Thane, Maharashtra, India |
| Codincity Digital Technologies Private Limited | ₹16.82 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Cognext Analytics Private Limited | ₹16.82 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Allsight Software India Private Limited | ₹16.82 Cr (FY 2019) | 150.0% | Chennai, Tamil Nadu, India | |||
| Fervid Pro IT Solutions Private Limited | ₹16.8 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Olethia Labs Private Limited, buy the company report.
Auditor
Olethia Labs Private Limited is audited by Bangad Parjane & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bangad Parjane & Co. | FY 2023 | 132041W |
Shareholding
The shareholding of Olethia 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
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To see the full shareholding pattern of Olethia Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Olethia 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 Olethia Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Olethia Labs Private Limited has a workforce of 46 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Olethia Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO2434R1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Olethia Labs Private Limited, buy the company report.
Recent activity
Olethia Labs Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: James Riley Hughes was appointed as Director on 01 Apr 2025.
Frequently asked questions
Olethia Labs is an active foreign private limited company based in Thane, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 02 December 2015 (11+ years old) and is registered under CIN U74120MH2015FTC270655.
Olethia Labs has 2 current directors:
- Pradnya Nikhil Deole - Director
- James Riley Hughes - Director
The latest financial statements of Olethia Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Olethia Labs is 27AACCO2434R1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Olethia Labs is U74120MH2015FTC270655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olethia Labs was incorporated on 02 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Olethia Labs by revenue are Aes Technologies (India) Private Limited, Portall Infosystems Private Limited, Opendoors Fintech Private Limited, Winspire Solutions Private Limited, Boxnsights Software Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
James Riley Hughes was appointed as Director on 01 Apr 2025. Pradnya Nikhil Deole was appointed as Director on 18 Dec 2024. Bhisham Naraindas Balani ceased to be Director on 17 Dec 2024. Olethia Labs has 7 board changes on record in total.
Olethia Labs can be reached through the website olethia.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Olethia Labs is at Vo – 365 Wework Zenia 4th Floor Hiranandani Circle, Hiranandani Business Park, Thane, Maharashtra, India – 400607.
Olethia Labs operates in the information technology industry, in the computer programming segment.