- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0164653

About Qable Testlab Private Limited
Data last updated:
Qable Testlab Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC117675. Its GSTIN is 24AAACQ6996Q1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nishil Nandubhai Patel and Viral Girishkumar Patel.
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 403 Fourth Floor Dwarkesh Business Hub Opp. Visamo Soc. Motera, Ahmedabad, Gujarat, India – 380005.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.67 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹16.02 Lakh (net margin 4.4%) and EBITDA of ₹31.07 Lakh (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: QAble. As per MCA filings, the company has open charges of ₹45 Lakh on record.
Qable Testlab Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0164653). For more details, the company can be reached via its website qable.io.
Company details
Recognitions & Rankings of Qable Testlab
Contact details
Qable Testlab Private Limited's registered office is in Ahmedabad, Gujarat. Its website is qable.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address403 Fourth Floor Dwarkesh Business Hub Opp. Visamo Soc. Motera, Ahmedabad, Gujarat, India – 380005
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Qable Testlab Private Limited, buy the company report.
- 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
Business activity
The main business activity of Qable Testlab is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Qable Testlab Private Limited, buy the company report.
Financials of Qable Testlab Private Limited
FY 2024 filings availableQable Testlab Private Limited reported revenue of ₹3.67 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 116% over three years, including 25% growth in the latest year. EBITDA fell 13% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.67 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹31.07 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹16.02 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.5% | |||
| Net Profit Margin | 4.4% | |||
| 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 Qable Testlab Private Limited, buy the company report.
Board of directors of Qable Testlab Private Limited
Qable Testlab has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishil Nandubhai Patel | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Viral Girishkumar Patel Also directs: Qaverse Technology LLP | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Qable Testlab Private Limited is audited by PATEL&SHAH for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL&SHAH | FY 2024 | 135967W |
Shareholding
The shareholding of Qable Testlab Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Qable Testlab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2023 | 100763866 | Others | ₹45 Lakh | Open |
To see the full charge records of Qable Testlab Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Qable Testlab Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Qable Testlab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Qable Testlab Private Limited has a workforce of 70 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 70 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Qable Testlab Private Limited, buy the company report.
GST
Qable Testlab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ6996Q1ZI | Gujarat | Active | 06 Nov 2020 |
To see the full GST registrations and return filing status of Qable Testlab Private Limited, buy the company report.
Recent activity
Qable Testlab Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Nishil Nandubhai Patel was appointed as Director on 26 Oct 2020.
Frequently asked questions
Qable Testlab is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 26 October 2020 (6+ years old) and is registered under CIN U72900GJ2020PTC117675.
Qable Testlab has 2 current directors:
- Nishil Nandubhai Patel - Director
- Viral Girishkumar Patel - Director
The latest financial statements of Qable Testlab on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Qable Testlab is 24AAACQ6996Q1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Qable Testlab is U72900GJ2020PTC117675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qable Testlab was incorporated on 26 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nishil Nandubhai Patel was appointed as Director on 26 Oct 2020. Viral Girishkumar Patel was appointed as Director on 26 Oct 2020.
Yes, Qable Testlab is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0164653).
Qable Testlab can be reached through the website qable.io. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Qable Testlab is at 403 Fourth Floor Dwarkesh Business Hub Opp. Visamo Soc. Motera, Ahmedabad, Gujarat, India – 380005.

