Prov Labs India Private Limited

Prov Labs India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2017FTC099681 Incorporated 06 February 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹22.13 Lakh
▼ 29% YoY
Net profit · FY 2025
₹5.85 Lakh
Net margin 26.4%
EBITDA · FY 2025
₹11.69 Lakh
EBITDA margin 52.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
1
Provident fund records
Directors on board
3
As per MCA filings

About Prov Labs India Private Limited

Data last updated:

Prov Labs India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Prov Inc, Usa. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 06 February 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017FTC099681. Its GSTIN is 29AAICP9929N1ZC (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Revanna and Vinod Jayakeerthi.

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹22.13 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹5.85 Lakh (net margin 26.4%) and EBITDA of ₹11.69 Lakh (EBITDA margin 52.8%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 22% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website provexam.com.

Company details

CIN U72900KA2017FTC099681
Registration Number 099681
Incorporation Date 06 February 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Prov Inc, Usa
Compliance Status Active Compliant

Contact details

Prov Labs India Private Limited's registered office is in Bangalore, Karnataka. Its website is provexam.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 34 2nd Cross Beml 3rd Stage, Sudharshan Layout, Bangalore, Karnataka, India – 560098
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Prov Labs India Private Limited, buy the company report.

Comprehensive company report
Prov Labs India 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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Business activity

The main business activity of Prov Labs India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Prov Labs India Private Limited, buy the company report.

Financials of Prov Labs India Private Limited

FY 2025 filings available

Prov Labs India Private Limited reported revenue of ₹22.13 Lakh (down 29% YoY) for FY 2025.

Revenue · FY 2025
₹22.13 Lakh ▼ 29%
Net profit · FY 2025
₹5.85 Lakh margin 26.4%
EBITDA · FY 2025
₹11.69 Lakh margin 52.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 44%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 24%
5 years · compounded
▲ 38%

Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 29% fall in the latest year. EBITDA fell 30% 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

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₹11.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.85 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin52.8%
Net Profit Margin26.4%
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

To see the full financial statements and ratios of Prov Labs India Private Limited, buy the company report.

Board of directors of Prov Labs India Private Limited

Prov Labs India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
RevannaDirector01 Nov 20205 Years 11 MonthsCurrent
Vinod JayakeerthiDirector06 Feb 20179 Years 8 MonthsCurrent
Henry Lund SorensenDirector06 Feb 20179 Years 8 MonthsCurrent

Auditor

Prov Labs India Private Limited is audited by K K RAJ & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
K K RAJ & COFY 2018013851S

Shareholding

The shareholding of Prov Labs India Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prov Labs India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prov Labs India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Prov Labs India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-66.67%

GST

Prov Labs India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICP9929N1ZCKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Prov Labs India Private Limited, buy the company report.

Recent activity

Prov Labs India Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Revanna was appointed as Director on 01 Nov 2020.

AGM
Prov Labs India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prov Labs India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Revanna was appointed as Director.
Ceased
Vijay Bangalore Ramaiah ceased to be Director.
Appointed
Henry Lund Sorensen was appointed as Director.
Appointed
Vinod Jayakeerthi was appointed as Director.
Incorporation
06 Feb 2017
Prov Labs India Private Limited was registered on 06 Feb 2017 with Roc Bangalore & aged 9 years 8 months as per MCA records.

Frequently asked questions

Prov Labs India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 06 February 2017 (9+ years old) and is registered under CIN U72900KA2017FTC099681.

Prov Labs India has 3 current directors:

The latest financial statements of Prov Labs India 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 Prov Labs India is 29AAICP9929N1ZC, registered in Karnataka.

The CIN (Corporate Identification Number) of Prov Labs India is U72900KA2017FTC099681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prov Labs India has 1 court case on record: 1 filed by the company.

Prov Labs India was incorporated on 06 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Revanna was appointed as Director on 01 Nov 2020. Vijay Bangalore Ramaiah ceased to be Director on 01 Nov 2020. Henry Lund Sorensen was appointed as Director on 06 Feb 2017. Prov Labs India has 4 board changes on record in total.

Prov Labs India can be reached through the website provexam.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Prov Labs India is at No. 34 2nd Cross Beml 3rd Stage, Sudharshan Layout, Bangalore, Karnataka, India – 560098.