About Remotelab Technologies India Private Limited
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Remotelab Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC093225. Its GSTIN is 29AAHCR7734E1Z3 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Neeta Sharma Moudgil and Kuldeep Sharma.
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 P.No. – 42 100 Feet Road 17th Cross 4th Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.3 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹73,433 (net margin -1.4%) and EBITDA of -₹65,570 (EBITDA margin -1.2%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theremotelab.com.
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- Registered AddressP.No. – 42 100 Feet Road 17th Cross 4th Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & 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
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Business Activity of Remotelab Technologies India Private Limited
The main business activity of Remotelab Technologies 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 | J6 | 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 Remotelab Technologies India Private Limited FY 2024 filings available
Remotelab Technologies India Private Limited reported revenue of ₹54.3 Lakh (up 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Remotelab Technologies India Private Limited
Revenue rose 48% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 96% 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 Remotelab Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹65,570 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹73,433 | •••• | •••• | •••• | •••• |
| 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 Remotelab Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.4% | •••• | •••• | •••• | •••• |
| 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 Remotelab Technologies 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 Remotelab Technologies India Private Limited
Remotelab Technologies India 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 |
|---|---|---|---|---|
| Neeta Sharma Moudgil | Director | 22 Dec 2018 | 7 Years 10 Months | Current |
| Kuldeep Sharma | Director | 17 Aug 2022 | 4 Years 2 Months | Current |
| Manickavasagam Sivaparam Also directs: Yoj AI Private Limited, Strat Innovation Labs Private Limited | Director | 13 Apr 2024 | 2 Years 6 Months | Current |
Peer Comparison of Remotelab Technologies India Private Limited
Remotelab Technologies India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and 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 |
|---|---|---|---|---|---|---|
| Coruscant Systems Private Limited | ₹54.47 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Verque Technologies Private Limited | ₹54.41 Lakh (FY 2017) | •••• | •••• | •••• | Ambala, Haryana, India | |
| Systech Skills Consultants Private Limited | ₹54.38 Lakh (FY 2025) | •••• | •••• | 148.0% | •••• | Jaipur, Rajasthan, India |
| Anand Erp (India) Private Limited | ₹54.35 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Pune, Maharashtra, India |
| Optume IT Solutions Private Limited | ₹54.31 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Gurgaon, Haryana, India |
| Remotelab Technologies India Private Limited this company | ₹54.3 Lakh (FY 2024) | •••• | •••• | 48.0% | •••• | Bangalore, Karnataka, India |
| RNJ Consultancy Services Private Limited | ₹54.26 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| A V V Enterprises Private Limited | ₹54.25 Lakh (FY 2025) | •••• | •••• | 123.0% | •••• | Delhi, India |
| Redcap Technologies Private Limited | ₹54.2 Lakh (FY 2025) | •••• | •••• | 573.0% | •••• | Navi Mumbai, Maharashtra, India |
| Grid Design Solutions Private Limited | ₹54.14 Lakh (FY 2022) | •••• | •••• | -2.0% | •••• | Thiruvananthapuram, Kerala, India |
| Mentor Technologies Private Limited | ₹54.11 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Remotelab Technologies India by revenue in the Information Technology industry (IT Consulting and 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 Remotelab Technologies India Private Limited
Remotelab Technologies India Private Limited is audited by N.SINGHAL & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.SINGHAL & COMPANY | 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 Remotelab Technologies 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 Remotelab Technologies India Private Limited
Remotelab Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Remotelab Technologies India Private Limited
Employment history and EPFO contributions of people linked to Remotelab Technologies India.
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 Remotelab Technologies India Private Limited
Remotelab Technologies India Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Manickavasagam Sivaparam ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Remotelab Technologies 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 Remotelab Technologies 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 Remotelab Technologies 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 Remotelab Technologies India Private Limited
Remotelab Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR7734E1Z3 | 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 Remotelab Technologies 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 Remotelab Technologies India Private Limited
Remotelab Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN U74999KA2016PTC093225.
Remotelab Technologies India reported revenue of ₹54.3 Lakh for FY 2024 (up 48% YoY).
Remotelab Technologies India has 3 current directors:
- Neeta Sharma Moudgil - Director
- Kuldeep Sharma - Director
- Manickavasagam Sivaparam - Director
Remotelab Technologies India reported a net loss of ₹73,433 (net margin -1.4%) and EBITDA of -₹65,570 (EBITDA margin -1.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Remotelab Technologies India is 62% over three years and -11% over five years. In the latest year (FY 2024) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Remotelab Technologies India is 29AAHCR7734E1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Remotelab Technologies India is U74999KA2016PTC093225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remotelab Technologies India was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Remotelab Technologies India by revenue are Coruscant Systems Private Limited, Verque Technologies Private Limited, Systech Skills Consultants Private Limited, Anand Erp (India) Private Limited, Optume IT Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Manickavasagam Sivaparam ceased to be Additional Director on 29 Sep 2024. Manickavasagam Sivaparam was appointed as Director on 13 Apr 2024. Yashika Singh ceased to be Director on 20 Aug 2022. Remotelab Technologies India has 7 board changes on record in total.
Remotelab Technologies India can be reached through the website theremotelab.com. Its registered office is in Bangalore, Karnataka, India.