About Ternary Tech Labs Private Limited
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Ternary Tech Labs Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC137790. Its GSTIN is 29AAICT0514F1ZI (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Sharma and Monika Sharma.
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 # 16112 Prestige Shanti Niketan Whitefield Road, Bengaluru, Karnataka, India – 560048.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹20.47 Lakh (net margin 20%) and EBITDA of ₹27.96 Lakh (EBITDA margin 27.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
For more details, the company can be reached via its website ternarytechlabs.com.
Company details
Contact details
Ternary Tech Labs Private Limited's registered office is in Bengaluru, Karnataka. Its website is ternarytechlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 16112 Prestige Shanti Niketan Whitefield Road, Bengaluru, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ternary Tech Labs 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 Ternary Tech Labs is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Ternary Tech Labs Private Limited, buy the company report.
Financials of Ternary Tech Labs Private Limited
FY 2025 filings availableTernary Tech Labs Private Limited reported revenue of ₹1.02 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over three years, including 11% growth in the latest year. EBITDA fell 22% 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 |
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| EBITDA | ₹27.96 Lakh | |||
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| Net Profit (PAT) | ₹20.47 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 27.3% | |||
| Net Profit Margin | 20% | |||
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To see the full financial statements and ratios of Ternary Tech Labs Private Limited, buy the company report.
Board of directors of Ternary Tech Labs Private Limited
Ternary Tech Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Sharma Also directs: Oworkly Private Limited | Director | 27 Aug 2020 | 6 Years 1 Months | Current |
| Monika Sharma | Director | 27 Aug 2020 | 6 Years 1 Months | Current |
Peer comparison
Ternary Tech Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deelav Info Solutions Private Limited | ₹1.04 Cr (FY 2025) | -47.0% | Bangalore, Karnataka, India | |||
| Easyq Solutions and Technologies Private Limited | ₹1.04 Cr (FY 2025) | 104.0% | Bangalore, Karnataka, India | |||
| Offload Process Private Limited | ₹1.03 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Power of N Techstudio Private Limited | ₹1.03 Cr (FY 2025) | 153.0% | Chengalpattu, Tamil Nadu, India | |||
| Datatribe International Private Limited | ₹1.03 Cr (FY 2025) | 89.0% | Mumbai, Maharashtra, India | |||
| Ternary Tech Labs Private Limitedthis company | ₹1.02 Cr (FY 2024) | ₹20.47 Lakh | 20% | 11.0% | Bengaluru, Karnataka, India | |
| Stamens Software Private Limited | ₹1.02 Cr (FY 2025) | 72.0% | Faridabad, Haryana, India | |||
| Kakku Solutions Private Limited | ₹1.02 Cr (FY 2025) | 18.0% | Thane, Maharashtra, India | |||
| Vora Shah and Balsara Ads Private Limited | ₹1.02 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Coelate Technologies Private Limited | ₹1.02 Cr (FY 2024) | -10.0% | Hyderabad, Telangana, India | |||
| Paper Plane Design Solutions Private Limited | ₹1.02 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ternary Tech Labs Private Limited, buy the company report.
Auditor
Ternary Tech Labs Private Limited is audited by Varun Koshal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varun Koshal & Associates | FY 2023 | 014001N |
Shareholding
The shareholding of Ternary Tech Labs Private Limited is on record for 3 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 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
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| Others |
To see the full shareholding pattern of Ternary Tech Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ternary Tech Labs 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 Ternary Tech Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ternary Tech Labs Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Ternary Tech Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICT0514F1ZI | Karnataka | Active | 23 Mar 2021 |
To see the full GST registrations and return filing status of Ternary Tech Labs Private Limited, buy the company report.
Recent activity
Ternary Tech Labs Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ashish Sharma was appointed as Director on 27 Aug 2020.
Frequently asked questions
Ternary Tech Labs is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 August 2020 (6+ years old) and is registered under CIN U72900KA2020PTC137790.
Ternary Tech Labs has 2 current directors:
- Ashish Sharma - Director
- Monika Sharma - Director
The latest financial statements of Ternary Tech Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Ternary Tech Labs is 29AAICT0514F1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Ternary Tech Labs is U72900KA2020PTC137790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ternary Tech Labs was incorporated on 27 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ternary Tech Labs by revenue are Deelav Info Solutions Private Limited, Easyq Solutions and Technologies Private Limited, Offload Process Private Limited, Power of N Techstudio Private Limited, Datatribe International Private Limited and 5 more, all in the same principal business activity (information service activities).
Ashish Sharma was appointed as Director on 27 Aug 2020. Monika Sharma was appointed as Director on 27 Aug 2020.
Ternary Tech Labs can be reached through the website ternarytechlabs.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Ternary Tech Labs is at # 16112 Prestige Shanti Niketan Whitefield Road, Bengaluru, Karnataka, India – 560048.
Ternary Tech Labs operates in the information technology industry, in the IT consulting and support services segment.