Qable Testlab Private Limited

Qable Testlab Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2020PTC117675 Incorporated 26 October 2020 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹3.67 Cr
▲ 25% YoY
Net profit · FY 2024
₹16.02 Lakh
Net margin 4.4%
EBITDA · FY 2024
₹31.07 Lakh
EBITDA margin 8.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹45 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
70
Provident fund records

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

CIN U72900GJ2020PTC117675
Registration Number 117675
Incorporation Date 26 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0164653

Recognitions & Rankings of Qable Testlab

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0164653

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 Address
    403 Fourth Floor Dwarkesh Business Hub Opp. Visamo Soc. Motera, Ahmedabad, Gujarat, India – 380005
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Qable Testlab Private Limited, buy the company report.

Comprehensive company report
Qable Testlab 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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Secure checkout · GST invoice included

Brands

Qable Testlab operates one associated brand: QAble. Each brand links to its own profile.

BrandDescriptionWebsite
Offers quality assurance, automation, and testing for software applications across sectors.qable.io

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Qable Testlab Private Limited reported revenue of ₹3.67 Cr (up 25% YoY) for FY 2024.

Revenue · FY 2024
₹3.67 Cr ▲ 25%
Net profit · FY 2024
₹16.02 Lakh margin 4.4%
EBITDA · FY 2024
₹31.07 Lakh margin 8.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 116%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 86%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.5%
Net Profit Margin4.4%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Nishil Nandubhai PatelDirector26 Oct 20206 Years 0 MonthsCurrent
Viral Girishkumar PatelDirector26 Oct 20206 Years 0 MonthsCurrent

Auditor

Qable Testlab Private Limited is audited by PATEL&SHAH for the financial year 2024.

Auditor firmFinancial yearFirm registration number
PATEL&SHAHFY 2024135967W

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 categoryFY 2024FY 2023FY 2022FY 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

Open charges
₹45 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jul 2023100763866Others₹45 LakhOpen

To see the full charge records of Qable Testlab Private Limited, buy the company report.

Total charge records: 1 View all charges

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.

Employee count
70
Active EPFO establishments
1
Employee growth
29.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2770
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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACQ6996Q1ZIGujaratActive06 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.

AGM
Qable Testlab Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Qable Testlab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 45.00 Lakh registered on 25 Jul 2023 with Charge ID 100763866 was modified on 03 Aug 2023.
Charges
A charge with Others amounted to Rs. 45.00 Lakh with Charge ID 100763866 was registered on 25 Jul 2023.
Appointed
Nishil Nandubhai Patel was appointed as Director.
Appointed
Viral Girishkumar Patel was appointed as Director.
Incorporation
26 Oct 2020
Qable Testlab Private Limited was registered on 26 Oct 2020 with Roc Ahmedabad & aged 6 years 16 days as per MCA records.

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:

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.