About Remotelab Technologies India Private Limited
Data last updated:
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.
Company details
Contact details
Remotelab Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is theremotelab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP.No. – 42 100 Feet Road 17th Cross 4th Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Remotelab Technologies India 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 Remotelab Technologies India 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 Remotelab Technologies India Private Limited, buy the company report.
Financials of Remotelab Technologies India Private Limited
FY 2024 filings availableRemotelab Technologies India Private Limited reported revenue of ₹54.3 Lakh (up 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Remotelab Technologies India Private Limited, buy the company report.
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
Remotelab Technologies India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| 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 | ||||
| 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 Limitedthis company | ₹54.3 Lakh (FY 2024) | -₹73,433 | -1.4% | 48.0% | Bangalore, Karnataka, India | |
| RNJ Consultancy Services Private Limited | ₹54.26 Lakh (FY 2024) | 25.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Remotelab Technologies India Private Limited, buy the company report.
Auditor
Remotelab Technologies India Private Limited is audited by N.SINGHAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.SINGHAL & COMPANY | FY 2023 | 006249C |
Shareholding
The shareholding of Remotelab Technologies India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Remotelab Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Remotelab Technologies India 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 Remotelab Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Remotelab Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR7734E1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Remotelab Technologies India Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 3 current directors:
- Neeta Sharma Moudgil - Director
- Kuldeep Sharma - Director
- Manickavasagam Sivaparam - Director
The latest financial statements of Remotelab Technologies India 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 2017 are in the company report.
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, Anand Erp (India) Private Limited, Optume IT Solutions Private Limited, RNJ Consultancy Services Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
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.
The registered office of Remotelab Technologies India is at P.No. – 42 100 Feet Road 17th Cross 4th Block Koramangala, Bangalore, Karnataka, India – 560034.
Remotelab Technologies India operates in the information technology industry, in the IT consulting and support services segment.