Hangang Enterprises Private Limited
About Hangang Enterprises Private Limited
Data last updated:
Hangang Enterprises Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 09 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U55101TN2008PTC067680. Its GSTIN is 33AACCH0358M1ZM (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kim Soo Chan (Managing Director) and Kim Jae Hyun.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Alapatt Homes Old No.12 New No.23 2nd Street East Abhiramapuram Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.06 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹42.42 Lakh (net margin -13.9%) and EBITDA of -₹39.5 Lakh (EBITDA margin -12.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hangang Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAlapatt Homes Old No.12 New No.23 2nd Street East Abhiramapuram Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Hangang Enterprises 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 Hangang Enterprises is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Hangang Enterprises Private Limited, buy the company report.
Financials of Hangang Enterprises Private Limited
FY 2020 filings availableHangang Enterprises Private Limited reported revenue of ₹3.06 Cr (down 48% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 264% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹39.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹42.42 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.9% | ||||
| Net Profit Margin | -13.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Hangang Enterprises Private Limited, buy the company report.
Board of directors of Hangang Enterprises Private Limited
Hangang Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kim Soo Chan | Managing Director | 26 May 2009 | 17 Years 5 Months | Current |
| Kim Jae Hyun | Director | 09 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Hangang Enterprises Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hangang Enterprises Private Limitedthis company | ₹3.06 Cr (FY 2020) | -₹42.42 Lakh | -13.9% | -48.0% | Chennai, Tamil Nadu, India | |
| Bengal Hospitalities Private Limited | ₹3.05 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Redemption Bungalow Hospitality Private Limited | ₹3.05 Cr (FY 2024) | 93.0% | Kolkata, West Bengal, India | |||
| Food Intellect India Private Limited | ₹3.05 Cr (FY 2017) | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Hangang Enterprises Private Limited, buy the company report.
Auditor
Hangang Enterprises Private Limited is audited by S VISHNU & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S VISHNU & CO | FY 2020 | 005179S |
Shareholding
The shareholding of Hangang Enterprises Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hangang Enterprises Private Limited, buy the company report.
Legal cases
Hangang Enterprises Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Apm Terminals India Pvt Ltd | Disposed |
To see the full case history of Hangang Enterprises 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 Hangang Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hangang Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCH0358M1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hangang Enterprises Private Limited, buy the company report.
Recent activity
Hangang Enterprises Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Hyunyoung Kim ceased to be Director on 27 Mar 2019.
Frequently asked questions
Hangang Enterprises is an active private limited company based in Chennai, Tamil Nadu, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 09 May 2008 (18+ years old) and is registered under CIN U55101TN2008PTC067680.
Hangang Enterprises has 2 current directors:
- Kim Soo Chan - Managing Director
- Kim Jae Hyun - Director
The latest financial statements of Hangang Enterprises on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Hangang Enterprises is 33AACCH0358M1ZM, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hangang Enterprises is U55101TN2008PTC067680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hangang Enterprises has 2 court cases on record: 2 filed against it.
Hangang Enterprises was incorporated on 09 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Hangang Enterprises by revenue are Bengal Hospitalities Private Limited, Redemption Bungalow Hospitality Private Limited, Food Intellect India Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Hyunyoung Kim ceased to be Director on 27 Mar 2019. Kim Myoungchul ceased to be Managing Director on 26 May 2009. Kim Soo Chan was appointed as Managing Director on 26 May 2009. Hangang Enterprises has 4 board changes on record in total.
The registered office of Hangang Enterprises is at Alapatt Homes Old No.12 New No.23 2nd Street East Abhiramapuram Mylapore, Chennai, Tamil Nadu, India – 600004.
Hangang Enterprises operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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