MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0080419
Powai Labs Technology Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.56 Cr
▲ 9% YoY
Net profit · FY 2024
₹8.88 Lakh
Net margin 5.7%
EBITDA · FY 2024
₹48.12 Lakh
EBITDA margin 30.9%
Authorised capital
₹3.5 Lakh
Registered with MCA
Paid-up capital
₹3.09 Lakh
Issued & subscribed
Open charges
₹9.07 Cr
Satisfied ₹44 Lakh
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
About Powai Labs Technology Private Limited
Data last updated:
Powai Labs Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 11 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51505MH2003PTC139124. Its GSTIN is 27AADCP1640D1ZU (Maharashtra).
The company has an authorised share capital of ₹3.5 Lakh and a paid-up capital of ₹3.09 Lakh. It is led by directors Madhav Pandurang Desai and Reapan Shiban Tikoo.
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 104 C Marwah Complex, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.56 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹8.88 Lakh (net margin 5.7%) and EBITDA of ₹48.12 Lakh (EBITDA margin 30.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company is associated with 1 brand: Powai Labs. As per MCA filings, the company has open charges of ₹9.07 Cr and satisfied charges of ₹44 Lakh on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it.
Powai Labs Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0080419). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powailabs.com.
Company details
CIN U51505MH2003PTC139124
Registration Number 139124
Incorporation Date 11 February 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0080419
Recognitions & Rankings of Powai Labs Technology
Contact details
Powai Labs Technology Private Limited's registered office is in Mumbai, Maharashtra. Its website is powailabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address104 C Marwah Complex, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Powai Labs Technology Private Limited, buy the company report.
Comprehensive company report
Powai Labs Technology 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Powai Labs Technology operates one associated brand: Powai Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chip and electronic system design services are provided to clients. | powailabs.com |
Business activity
The main business activity of Powai Labs Technology 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 Powai Labs Technology Private Limited, buy the company report.
Financials of Powai Labs Technology Private Limited
FY 2025 filings availablePowai Labs Technology Private Limited reported revenue of ₹1.56 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹1.56 Cr ▲ 9%
Net profit · FY 2024
₹8.88 Lakh margin 5.7%
EBITDA · FY 2024
₹48.12 Lakh margin 30.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 4%
5 years · compounded
▲ 1%
EBITDA CAGR growth
3 years · compounded
▲ 3%
5 years · compounded
▼ 8%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 9% growth 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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| Total Expenses | |||||
| EBITDA | ₹48.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.88 Lakh | ||||
| Balance Sheet | |||||
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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 | 30.9% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Powai Labs Technology Private Limited, buy the company report.
Board of directors of Powai Labs Technology Private Limited
Powai Labs Technology has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Pandurang Desai | Director | 11 Feb 2003 | 23 Years 8 Months | Current |
| Reapan Shiban Tikoo | Director | 11 Feb 2003 | 23 Years 8 Months | Current |
Auditor
Powai Labs Technology Private Limited is audited by BORKAR AND MUZUMDAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BORKAR AND MUZUMDAR | FY 2022 | 101569W |
Shareholding
The shareholding of Powai Labs Technology 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Powai Labs Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.07 Cr
Satisfied charges
₹44 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2022 | 100608702 | Canara Bank | ₹9.07 Cr | Open | |
| 22 Mar 2004 | 90145056 | Technology Development Board | ₹44 Lakh | Satisfied |
To see the full charge records of Powai Labs Technology Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Powai Labs Technology Private Limited has 10 court cases on record: 9 filed by Powai Labs Technology, 1 filed against it. All cases are disposed.
Total cases
10
Filed by the company
9
Filed against the company
1
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 1 | 0 |
Cases on record (4 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Arbitration matter | Filed against the company by an individual | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against State(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against State of HP and Others(Not Applicable) | Disposed |
| High Court | Writ petition | Filed by the company against State(Not Applicable) | Disposed |
To see the full case history of Powai Labs Technology 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 Powai Labs Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Powai Labs Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP1640D1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Powai Labs Technology Private Limited, buy the company report.
Recent activity
Powai Labs Technology Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Madhav Pandurang Desai was appointed as Director on 11 Feb 2003.
AGM
Powai Labs Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Powai Labs Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Canara Bank of Rs. 907.00 Lakh registered on 19 Sep 2022 with Charge ID 100608702 was modified on 19 Apr 2023.
Charges
A charge with Canara Bank amounted to Rs. 907.00 Lakh with Charge ID 100608702 was registered on 19 Sep 2022.
Charges
A charge registered on 22 Mar 2004 via Charge ID 90145056 with Technology Development Board was fully satisfied on 02 Jan 2018.
Charges
A charge with Technology Development Board amounted to Rs. 44.00 Lakh with Charge ID 90145056 was registered on 22 Mar 2004.
Appointed
Madhav Pandurang Desai was appointed as Director.
Appointed
Reapan Shiban Tikoo was appointed as Director.
Incorporation
11 Feb 2003
Powai Labs Technology Private Limited was registered on 11 Feb 2003 with Roc Mumbai & aged 23 years 8 months as per MCA records.
Frequently asked questions
Powai Labs Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 11 February 2003 (23+ years old) and is registered under CIN U51505MH2003PTC139124.
Powai Labs Technology has 2 current directors:
- Madhav Pandurang Desai - Director
- Reapan Shiban Tikoo - Director
The latest financial statements of Powai Labs Technology 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 2015 are in the company report.
The GSTIN of Powai Labs Technology is 27AADCP1640D1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Powai Labs Technology is U51505MH2003PTC139124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powai Labs Technology has 10 court cases on record: 9 filed by the company and 1 filed against it.
Powai Labs Technology was incorporated on 11 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Madhav Pandurang Desai was appointed as Director on 11 Feb 2003. Reapan Shiban Tikoo was appointed as Director on 11 Feb 2003.
Yes, Powai Labs Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0080419).
Powai Labs Technology can be reached through the website powailabs.com. Its registered office is in Mumbai, Maharashtra, India.