About Protel Labs Private Limited
Data last updated:
Protel Labs Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC099225. Its GSTIN is 33AAHCP9983F1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.33 Lakh. It is led by directors including Vividha Vishwas Chavan and Ganapathy Ragunandan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Type II No 17 Dr V S I Estate Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.75 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹1.5 Lakh (net margin -0.2%) and EBITDA of ₹34.89 Lakh (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Protel HRMS and Protel Labs. As per MCA filings, the company has open charges of ₹2.02 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website protellabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressType II No 17 Dr V S I Estate Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Protel Labs Private Limited
The main business activity of Protel Labs is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Protel Labs Private Limited FY 2025 filings available
Protel Labs Private Limited reported revenue of ₹6.75 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Protel Labs Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 1% fall in the latest year. EBITDA rose 5% 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 Protel Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹34.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.5 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 Protel Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.2% | •••• | •••• | •••• | •••• |
| 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 Protel Labs are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Protel Labs Private Limited
Protel Labs Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Three Aces Computers Private Limited | ₹6.77 Cr (FY 2025) | •••• | •••• | 886.0% | •••• | West Bengal, India |
| Bright Eye Technologies India Private Limited | ₹6.77 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Delhi, India |
| Atlas Comnet Private Limited | ₹6.77 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | New Delhi, Delhi, India |
| Dynamic India Infonet Private Limited | ₹6.77 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Mitushi Electronic Components Private Limited. | ₹6.75 Cr (FY 2024) | •••• | •••• | 104.0% | •••• | New Delhi, Delhi, India |
| Protel Labs Private Limited this company | ₹6.75 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Nihan Justruck Services Private Limited | ₹6.74 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Acute Retail Infra Private Limited | ₹6.73 Cr (FY 2022) | •••• | •••• | 410.0% | •••• | Palghar, Maharashtra, India |
| Tackleprime India Private Limited | ₹6.73 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Secunderabad, Telangana, India |
| Eeetech Infonet Private Limited | ₹6.71 Cr (FY 2025) | •••• | •••• | 189.0% | •••• | Bangalore, Karnataka, India |
| Lalani Computech Limited | ₹6.7 Cr (FY 2019) | •••• | •••• | -27.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Protel Labs by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Protel Labs Private Limited
Protel Labs Private Limited is audited by N R RAJAGOPALAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N R RAJAGOPALAN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Protel Labs Private Limited
Protel Labs has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vividha Vishwas Chavan | Director | 13 Feb 2015 | 11 Years 7 Months | Current |
| Ganapathy Ragunandan Also directs: Ruchi Packaging Private Limited | Director | 12 Apr 2021 | 5 Years 5 Months | Current |
| Anirban Chatterjee Also directs: Eirfid Solutions Private Limited | Director | 13 Feb 2015 | 11 Years 7 Months | Current |
Ownership and Shareholding of Protel Labs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Protel Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2021 | Others | ₹30 Lakh | Open |
| 08 Jul 2020 | Others | ₹98 Lakh | Open |
| 27 Mar 2019 | Others | ₹74 Lakh | Open |
Total charge records: 3 View all charges
MSME Payment Delays by Protel Labs Private Limited
Protel Labs Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 155 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eirfid Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Linxens India Private Limited | •••• | •••• | •••• |
| Pelikan Office Automation Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Protel Labs Private Limited
Protel Labs operates two associated brands: Protel HRMS and Protel Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A cloud-based human capital management solution for enterprises. | protelhrms.com | |
| Security and IT solutions provider focusing on management systems and automation. | protellabs.com |
Employees and EPFO Compliance at Protel Labs Private Limited
Protel Labs Private Limited has a workforce of 25 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Protel Labs Private Limited
Protel Labs Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Ganapathy Ragunandan ceased to be Additional Director on 25 Nov 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Protel Labs Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Protel Labs Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Protel Labs Private Limited
Protel Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCP9983F1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Protel Labs Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Protel Labs Private Limited
Protel Labs is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 February 2015 (11+ years old) and is registered under CIN U72900TN2015PTC099225.
Protel Labs reported revenue of ₹6.75 Cr for FY 2025 (down 1% YoY).
Protel Labs has 3 current directors:
- Vividha Vishwas Chavan - Director
- Ganapathy Ragunandan - Director
- Anirban Chatterjee - Director
Protel Labs reported a net loss of ₹1.5 Lakh (net margin -0.2%) and EBITDA of ₹34.89 Lakh (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Protel Labs is -1% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Protel Labs is 33AAHCP9983F1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Protel Labs is U72900TN2015PTC099225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Protel Labs was incorporated on 13 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Protel Labs by revenue are Three Aces Computers Private Limited, Bright Eye Technologies India Private Limited, Atlas Comnet Private Limited, Dynamic India Infonet Private Limited, Mitushi Electronic Components Private Limited. and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Ganapathy Ragunandan ceased to be Additional Director on 25 Nov 2021. Ganapathy Ragunandan was appointed as Director on 12 Apr 2021. Cholingam Subbiah Bapaiah ceased to be Additional Director on 22 Mar 2019. Protel Labs has 7 board changes on record in total.
Yes, Protel Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Protel Labs has 9 MSME Form 1 returns on record between 2019 and 2022, listing 155 overdue payments to 4 micro and small suppliers. The latest return was filed on 21 Oct 2022.