About Testlabs IT Solutions Private Limited
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Testlabs IT Solutions 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 14 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC053642. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Savithri Narasimhan and Narasimhan Murali Iyer.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.1573 18th Main 39th A Cross 4th T Block Jayanagar, Bengaluru, Karnataka, India – 560041.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.5 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.25 Cr (net margin 23.3%) and EBITDA of ₹7.67 Cr (EBITDA margin 34.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
The company has about 134 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website testlabsinc.com.
Company details
Contact details
Testlabs IT Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is testlabsinc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.1573 18th Main 39th A Cross 4th T Block Jayanagar, Bengaluru, Karnataka, India – 560041
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Testlabs IT Solutions 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 Testlabs IT Solutions 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 Testlabs IT Solutions Private Limited, buy the company report.
Financials of Testlabs IT Solutions Private Limited
FY 2019 filings availableTestlabs IT Solutions Private Limited reported revenue of ₹22.5 Cr (up 8% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years, including 8% growth in the latest year. EBITDA rose 16% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Revenue | ₹22.5 Cr | ||||
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| EBITDA | ₹7.67 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.1% | ||||
| Net Profit Margin | 23.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Testlabs IT Solutions Private Limited, buy the company report.
Board of directors of Testlabs IT Solutions Private Limited
Testlabs IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savithri Narasimhan | Director | 14 May 2010 | 16 Years 5 Months | Current |
| Narasimhan Murali Iyer | Director | 14 May 2010 | 16 Years 5 Months | Current |
Peer comparison
Testlabs IT Solutions Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| 247Hire India Private Limited | ₹22.52 Cr (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Testlabs IT Solutions Private Limitedthis company | ₹22.5 Cr (FY 2019) | ₹5.25 Cr | 23.3% | 8.0% | 134 | Bengaluru, Karnataka, India |
| Monarch Info Tech Services Private Limited | ₹22.5 Cr (FY 2024) | -46.0% | Kanchipuram, Tamil Nadu, India | |||
| Motorola Solutions Dynamic Digital Technology Private Limited | ₹22.46 Cr (FY 2025) | -27.0% | Kolkata, West Bengal, India | |||
| Perint Infosystems India Private Limited | ₹22.44 Cr (FY 2025) | -16.0% | Pune, Maharashtra, India |
To see the full peer comparison of Testlabs IT Solutions Private Limited, buy the company report.
Auditor
Testlabs IT Solutions Private Limited is audited by S SEGU & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SEGU & ASSOCIATES | FY 2019 | 014173S |
Shareholding
The shareholding of Testlabs IT Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Testlabs IT Solutions Private Limited, buy the company report.
Legal cases
Testlabs IT Solutions Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Madhu Info Tech India Pvt Ltd., | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Madhu Info Tech India Pvt Ltd., | Disposed |
To see the full case history of Testlabs IT Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Testlabs IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Testlabs IT Solutions Private Limited has a workforce of 134 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Testlabs IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Testlabs IT Solutions Private Limited, buy the company report.
Recent activity
Testlabs IT Solutions Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Narasimhan Murali Iyer was appointed as Director on 14 May 2010.
Frequently asked questions
Testlabs IT Solutions 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 14 May 2010 (16+ years old) and is registered under CIN U72200KA2010PTC053642.
Testlabs IT Solutions has 2 current directors:
- Savithri Narasimhan - Director
- Narasimhan Murali Iyer - Director
The latest financial statements of Testlabs IT Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Testlabs IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Testlabs IT Solutions is U72200KA2010PTC053642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Testlabs IT Solutions has 2 court cases on record: 2 filed against it. 1 is pending.
Testlabs IT Solutions was incorporated on 14 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Testlabs IT Solutions by revenue are 247Hire India Private Limited, Monarch Info Tech Services Private Limited, Motorola Solutions Dynamic Digital Technology Private Limited, Perint Infosystems India Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Narasimhan Murali Iyer was appointed as Director on 14 May 2010. Savithri Narasimhan was appointed as Director on 14 May 2010.
Testlabs IT Solutions can be reached through the website testlabsinc.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Testlabs IT Solutions is at No.1573 18th Main 39th A Cross 4th T Block Jayanagar, Bengaluru, Karnataka, India – 560041.