Pixtech Labs Private Limited

Pixtech Labs Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72500KA2019PTC119963 Incorporated 02 January 2019 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹10.25 Cr
▼ 12% YoY
Net profit · FY 2025
₹46.72 Lakh
Net margin 4.6%
EBITDA · FY 2025
₹1.05 Cr
EBITDA margin 10.3%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.85 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
15
Provident fund records

About Pixtech Labs Private Limited

Data last updated:

Pixtech Labs Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 02 January 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72500KA2019PTC119963. Its GSTIN is 29AAKCP2777J1ZQ (Karnataka).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Joyse Thomas Madathil and Pranav Vidyarthi.

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 Bengaluru, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.25 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹46.72 Lakh (net margin 4.6%) and EBITDA of ₹1.05 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 50% over five years.

The company has about 15 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.85 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

For more details, the company can be reached via its website pixtech.in.

Company Details of Pixtech Labs Private Limited
CIN U72500KA2019PTC119963
Registration Number 119963
Incorporation Date 02 January 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    No.7 2 Ndfloor Aportion5Thmain 3 Rdphase Peenyaindustriala, Rea, Bengaluru, Karnataka, India – 560058
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Pixtech Labs Private Limited in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Business Activity of Pixtech Labs Private Limited

The main business activity of Pixtech Labs is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Financials of Pixtech Labs Private Limited FY 2024 filings available

Pixtech Labs Private Limited reported revenue of ₹10.25 Cr (down 12% YoY) for FY 2025.

Revenue · FY 2025
₹10.25 Cr ▼ 12%
Net profit · FY 2025
₹46.72 Lakh margin 4.6%
EBITDA · FY 2025
₹1.05 Cr margin 10.3%

Compounded Annual Growth Rate (CAGR) of Pixtech Labs Private Limited

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 14%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 30%
5 years · compounded
▲ 75%

Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 50%. EBITDA fell 43% 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 of Pixtech Labs Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹1.05 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹46.72 Lakh••••••••••••••••
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 of Pixtech Labs Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.3%••••••••••••••••
Net Profit Margin4.6%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pixtech Labs are in the company report.

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Financial statements from FY 2019

Earlier years and trend charts are in the company report.

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Peer Comparison of Pixtech Labs Private Limited

Pixtech Labs Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
St-Ericsson India Private Limited••••••••••••••••-New Delhi, Delhi, India
Sahasra Semiconductors Private Limited••••••••••••••••624Delhi, India
Sitra Infotech Private Limited••••••••••••••••27Hyderabad, Telangana, India
Luova Technologies Private Limited••••••••••••••••-Vadodara, Gujarat, India
Magnas Technologies India Private Limited••••••••••••••••-Gautam Buddha Nagar, Uttar Pradesh, India
Pixtech Labs Private Limited this company••••••••••••••••-Bengaluru, Karnataka, India
Tech Control Systems Private Limited••••••••••••••••-Pune, Maharashtra, India
Espa India Tech Private Limited••••••••••••••••-Pune City, Maharashtra, India
Apm Kingstrack India Private Limited••••••••••••••••27Chennai, Tamil Nadu, India
Saxena Technologies India Private Limited••••••••••••••••-Jaipur, Rajasthan, India
Embedded IT Solutions (India) Private Limited••••••••••••••••112Maheswaram, Telangana, India

Peers are the five companies nearest above and the five nearest below Pixtech Labs by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Pixtech Labs Private Limited

Pixtech Labs Private Limited is audited by SHESHACHALA & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
SHESHACHALA & ASSOCIATESLockedLockedLocked
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Board of Directors of Pixtech Labs Private Limited

Pixtech Labs has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Joyse Thomas MadathilDirector02 Jan 20197 Years 9 MonthsCurrent
Pranav VidyarthiDirector02 Jan 20197 Years 9 MonthsCurrent
Punchoor Rakesha BhattaDirector02 Jan 20197 Years 9 MonthsCurrent

Ownership and Shareholding of Pixtech Labs Private Limited

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Charges & Borrowings of Pixtech Labs Private Limited

Open charges
₹1.85 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹1.19 Cr
Hdfc Bank Limited₹0.66 Cr
Latest charge details
DateLenderAmountStatus
08 Dec 2021Hdfc Bank Limited₹26.45 LakhOpen
20 Nov 2021Hdfc Bank Limited₹40 LakhOpen
28 Oct 2020State Bank of India₹1.19 CrOpen

Total charge records: 3 View all charges

MSME Payment Delays by Pixtech Labs Private Limited

Pixtech Labs Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 94 overdue payments to 20 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 20)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Consult Us••••••••••••
an individual supplier••••••••••••
Microapt Technologies••••••••••••
Unisk Security & Facilities Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Pixtech Labs Private Limited

Pixtech Labs Private Limited has a workforce of 15 employees as of Apr 08, 2024.

Employee count
15
Active EPFO establishments
1
Employee growth
7.14%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Pixtech Labs Private Limited

Pixtech Labs Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Joyse Thomas Madathil was appointed as Director on 02 Jan 2019.

AGM
Pixtech Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pixtech Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 119.00 Lakh registered on 28 Oct 2020 with Charge ID 100387437 was modified on 28 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.45 Lakh with Charge ID 100547529 was registered on 08 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100524652 was registered on 20 Nov 2021.
Charges
A charge with State Bank Of India amounted to Rs. 119.00 Lakh with Charge ID 100387437 was registered on 28 Oct 2020.
Appointed
Joyse Thomas Madathil was appointed as Director.
Appointed
Pranav Vidyarthi was appointed as Director.
Appointed
Punchoor Rakesha Bhatta was appointed as Director.
Incorporation
02 Jan 2019
Pixtech Labs Private Limited was registered on 02 Jan 2019 with Roc Bangalore & aged 7 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Pixtech Labs Private Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of Pixtech Labs Private Limited

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GST Compliance of Pixtech Labs Private Limited

Pixtech Labs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAKCP2777J1ZQKarnatakaActive26 Apr 2019
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Pixtech Labs Private Limited

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Frequently Asked Questions about Pixtech Labs Private Limited

Pixtech Labs is an active private limited company based in Bengaluru, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 02 January 2019 (7+ years old) and is registered under CIN U72500KA2019PTC119963.

Pixtech Labs reported revenue of ₹10.25 Cr for FY 2025 (down 12% YoY).

Pixtech Labs has 3 current directors:

Pixtech Labs reported a net profit of ₹46.72 Lakh (net margin 4.6%) and EBITDA of ₹1.05 Cr (EBITDA margin 10.3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Pixtech Labs is 14% over three years and 50% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Pixtech Labs is 29AAKCP2777J1ZQ, registered in Karnataka.

The CIN (Corporate Identification Number) of Pixtech Labs is U72500KA2019PTC119963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pixtech Labs has 2 court cases on record: 2 filed by the company.

Pixtech Labs was incorporated on 02 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Pixtech Labs by revenue are St-Ericsson India Private Limited, Sahasra Semiconductors Private Limited, Sitra Infotech Private Limited, Luova Technologies Private Limited, Magnas Technologies India Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).

Joyse Thomas Madathil was appointed as Director on 02 Jan 2019. Pranav Vidyarthi was appointed as Director on 02 Jan 2019. Punchoor Rakesha Bhatta was appointed as Director on 02 Jan 2019.

Yes, Pixtech Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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