About Prov Labs India Private Limited
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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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 34 2nd Cross Beml 3rd Stage, Sudharshan Layout, Bangalore, Karnataka, India – 560098
- IndustryInformation Technology, Software Development & Support Services
- 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 Prov Labs India Private Limited
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | 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 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.
Compounded Annual Growth Rate (CAGR) of Prov Labs India Private Limited
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 of Prov Labs India 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 | ₹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 of Prov Labs India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 26.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Prov Labs India are in the company report.
Financial statements from FY 2017
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.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Revanna Also directs: Gyroscope.One Private Limited, Aghor Motion Pictures Private Limited, Examlock.Io Private Limited and 5 more | Director | 01 Nov 2020 | 5 Years 11 Months | Current |
| Vinod Jayakeerthi | Director | 06 Feb 2017 | 9 Years 8 Months | Current |
| Henry Lund Sorensen | Director | 06 Feb 2017 | 9 Years 8 Months | Current |
Peer Comparison of Prov Labs India Private Limited
Prov Labs India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innovative Matrix Softech Private Limited | ₹22.29 Lakh (FY 2023) | •••• | •••• | 86.0% | •••• | Hyderabad, Telangana, India |
| Isoty Software Services Private Limited | ₹22.27 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Mysore, Karnataka, India |
| First Entertainment Private Limited | ₹22.22 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Way Genext Technologies Private Limited | ₹22.18 Lakh (FY 2024) | •••• | •••• | -49.0% | •••• | New Delhi, Delhi, India |
| Mobilinear Systems Private Limited | ₹22.17 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Prov Labs India Private Limited this company | ₹22.13 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Ghatkes Private Limited | ₹22.04 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Bangalore, Karnataka, India |
| Bodes Technologies Private Limited | ₹21.98 Lakh (FY 2021) | •••• | •••• | -50.0% | •••• | Bhongir, Telangana, India |
| Inicu Medical Private Limited | ₹21.97 Lakh (FY 2019) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Instaminutes Private Limited | ₹21.97 Lakh (FY 2025) | •••• | •••• | 133.0% | •••• | Varanasi, Uttar Pradesh, India |
| Cloudedots Tech Private Limited | ₹21.83 Lakh (FY 2024) | •••• | •••• | 81.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Prov Labs India by revenue in the Information Technology industry (Software Services), 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 Prov Labs India Private Limited
Prov Labs India Private Limited is audited by K K RAJ & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K K RAJ & 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.
Ownership and Shareholding of Prov Labs India 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 Prov Labs India Private Limited
Prov Labs India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Prov Labs India Private Limited
Prov Labs India Private Limited has 1 court case on record: 1 filed by Prov Labs India. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Vorsitz Services | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Prov Labs India Private Limited
Prov Labs India Private Limited has a workforce of 1 employees as of Apr 05, 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 Prov Labs India Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Prov Labs India 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.
MSME Payment Delays by Prov Labs India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prov Labs India 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 Prov Labs India Private Limited
Prov Labs India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP9929N1ZC | Karnataka | 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 Prov Labs India 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 Prov Labs India Private Limited
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 reported revenue of ₹22.13 Lakh for FY 2025 (down 29% YoY).
Prov Labs India has 3 current directors:
- Revanna - Director
- Vinod Jayakeerthi - Director
- Henry Lund Sorensen - Director
Prov Labs India reported a net profit of ₹5.85 Lakh (net margin 26.4%) and EBITDA of ₹11.69 Lakh (EBITDA margin 52.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prov Labs India is -44% over three years and -22% over five years. In the latest year (FY 2025) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Prov Labs India by revenue are Innovative Matrix Softech Private Limited, Isoty Software Services Private Limited, First Entertainment Private Limited, Way Genext Technologies Private Limited, Mobilinear Systems Private Limited and 5 more, all in the Information Technology industry (Software Services).
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.