About Utkal Labs Private Limited
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Utkal Labs Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2020PTC034454. Its GSTIN is 21AACCU6948A1ZN (Odisha).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suvendu Shekhar Giri and Nirmal Chandra Hota.
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 Duplex – D/110 Maruti Residency Raghunathpur Jali, Bhubaneswar, Odisha, India – 751024.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.8 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Lakh (net margin 1.2%) and EBITDA of ₹6.56 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The company is associated with 1 brand: Utkal Labs. As per MCA filings, the company has open charges of ₹15 Lakh on record.
For more details, the company can be reached via its website utkallabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDuplex – D/110 Maruti Residency Raghunathpur Jali, Bhubaneswar, Odisha, India – 751024
- 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
- One PDF report, delivered after checkout
Business Activity of Utkal Labs Private Limited
The main business activity of Utkal Labs is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Utkal Labs Private Limited FY 2025 filings available
Utkal Labs Private Limited reported revenue of ₹1.8 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Utkal Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 10% growth in the latest year. EBITDA rose 167% 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 Utkal Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹6.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.16 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 of Utkal Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Utkal Labs are in the company report.
Financial statements from FY 2021
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.
Peer Comparison of Utkal Labs Private Limited
Utkal Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bizmobile IT Solutions Private Limited | ₹1.8 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
| Contakt Tech Solutions India Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Mumbai, Maharashtra, India |
| Dewdas Technology Private Limited | ₹1.8 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| Bio India Interventional Technologies Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | -89.0% | •••• | Umbergam, Gujarat, India |
| Virtucloud India Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Utkal Labs Private Limited this company | ₹1.8 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bhubaneswar, Odisha, India |
| Mcop Solution Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Karbigahiya, Patna, Bihar, India |
| Bha Health Analytics Services India Private Limited | ₹1.79 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Coimbatore, Tamil Nadu, India |
| R M Techno Private Limited | ₹1.79 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Synergy Circuits Private Limited | ₹1.79 Cr (FY 2021) | •••• | •••• | 17.0% | •••• | Vidyaranyapura, Karnataka, India |
| Candid Software Private Limited | ₹1.79 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Uttar Pradash, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Utkal Labs by revenue in the same principal business activity (Other information & communication service activities), 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 Utkal Labs Private Limited
Utkal Labs Private Limited is audited by NRSM&ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NRSM&ASSOCIATES | 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.
Board of Directors of Utkal Labs Private Limited
Utkal Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suvendu Shekhar Giri | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
| Nirmal Chandra Hota | Additional Director | 01 Jun 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Utkal Labs 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 Utkal Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2025 | Hdfc Bank Limited | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Utkal Labs Private Limited
Utkal Labs operates one associated brand: Utkal Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development and consulting services focused on web, mobile, enterprise solutions, and digital transformation. | utkallabs.com |
Employees and EPFO Compliance at Utkal Labs Private Limited
Utkal Labs Private Limited has a workforce of 0 employees as of Mar 30, 2024.
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 Utkal Labs Private Limited
Utkal Labs Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Tadit Kumar Dash ceased to be Director on 20 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Utkal Labs 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 Utkal Labs 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 Utkal Labs 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 Utkal Labs Private Limited
Utkal Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCU6948A1ZN | Odisha | Active | 21 Dec 2020 |
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 Utkal Labs 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 Utkal Labs Private Limited
Utkal Labs is an active private limited company based in Bhubaneswar, Odisha, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 October 2020 (6+ years old) and is registered under CIN U72900OR2020PTC034454.
Utkal Labs reported revenue of ₹1.8 Cr for FY 2025 (up 10% YoY).
Utkal Labs has 2 current directors:
- Suvendu Shekhar Giri - Director
- Nirmal Chandra Hota - Additional Director
Utkal Labs reported a net profit of ₹2.16 Lakh (net margin 1.2%) and EBITDA of ₹6.56 Lakh (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Utkal Labs is 21% over three years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Utkal Labs is 21AACCU6948A1ZN, registered in Odisha.
The CIN (Corporate Identification Number) of Utkal Labs is U72900OR2020PTC034454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkal Labs was incorporated on 14 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Utkal Labs by revenue are Bizmobile IT Solutions Private Limited, Contakt Tech Solutions India Private Limited, Dewdas Technology Private Limited, Bio India Interventional Technologies Private Limited, Virtucloud India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Tadit Kumar Dash ceased to be Director on 20 Sep 2022. Nirmal Chandra Hota was appointed as Additional Director on 01 Jun 2022. Suvendu Shekhar Giri was appointed as Director on 14 Oct 2020. Utkal Labs has 4 board changes on record in total.
Utkal Labs can be reached through the website utkallabs.com. Its registered office is in Bhubaneswar, Odisha, India.