MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0097940
Hapman Systems Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.48 Cr
▲ 181% YoY
Net profit · FY 2025
₹22.94 Lakh
Net margin 15.5%
EBITDA · FY 2025
₹29.47 Lakh
EBITDA margin 19.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered
About Hapman Systems Private Limited
Data last updated:
Hapman Systems Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 13 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2007PTC066037. Its GSTIN is 24AACCH0437K1ZT (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jigna Kuntalbhai Gandhi and Kuntal Nareshbhai Gandhi.
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 D – 24 1st Floor Sardar Estate Ajwa Road, Vadodara, Gujarat, India – 390019.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹22.94 Lakh (net margin 15.5%) and EBITDA of ₹29.47 Lakh (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
Hapman Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0097940). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hapman.in.
Company details
CIN U74900GJ2007PTC066037
Registration Number 066037
Incorporation Date 13 September 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0097940
CIN history
Hapman Systems has one previous CIN (Corporate Identification Number): U74900MH2007PTC174094. The current CIN is U74900GJ2007PTC066037, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900GJ2007PTC066037 | Current |
| U74900MH2007PTC174094 | Previous |
Key People
Jigna Kuntalbhai Gandhi Director Kuntal Nareshbhai Gandhi Director Mitika Kuntal Gandhi Additional Director Recognitions & Rankings of Hapman Systems
Contact details
Hapman Systems Private Limited's registered office is in Vadodara, Gujarat. Its website is hapman.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD – 24 1st Floor Sardar Estate Ajwa Road, Vadodara, Gujarat, India – 390019
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Hapman Systems Private Limited, buy the company report.
Comprehensive company report
Hapman Systems Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Hapman Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Hapman Systems Private Limited, buy the company report.
Financials of Hapman Systems Private Limited
FY 2025 filings availableHapman Systems Private Limited reported revenue of ₹1.48 Cr (up 181% YoY) for FY 2025.
Revenue · FY 2025
₹1.48 Cr ▲ 181%
Net profit · FY 2025
₹22.94 Lakh margin 15.5%
EBITDA · FY 2025
₹29.47 Lakh margin 19.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 181%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 985%
3 years · compounded
▲ 15%
5 years · compounded
▲ 71%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 181% growth in the latest year. EBITDA rose 985% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.94 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | 15.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hapman Systems Private Limited, buy the company report.
Board of directors of Hapman Systems Private Limited
Hapman Systems has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigna Kuntalbhai Gandhi | Director | 09 Apr 2020 | 6 Years 7 Months | Current |
| Kuntal Nareshbhai Gandhi | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
| Mitika Kuntal Gandhi | Additional Director | 23 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Hapman Systems Private Limited is audited by MALOO BHATT & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALOO BHATT & CO | FY 2021 | 129572W |
Shareholding
The shareholding of Hapman Systems Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hapman Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hapman Systems 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 Hapman Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hapman Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH0437K1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hapman Systems Private Limited, buy the company report.
Recent activity
Hapman Systems Private Limited has 15 board changes on record since 2008: 5 appointments and 10 cessations. The latest: Mitika Kuntal Gandhi was appointed as Additional Director on 23 Jan 2025.
AGM
Hapman Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hapman Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Mitika Kuntal Gandhi was appointed as Additional Director.
Ceased
David Fisher Brian ceased to be Director.
Ceased
Edward Arthur Thompson ceased to be Director.
Ceased
Jigna Kuntalbhai Gandhi ceased to be Additional Director.
Appointed
Jigna Kuntalbhai Gandhi was appointed as Director.
Ceased
Nareshbhai Mohanlal Gandhi ceased to be Managing Director.
Ceased
Robert Wayne Klinge ceased to be Director.
Appointed
David Fisher Brian was appointed as Director.
Appointed
Kuntal Nareshbhai Gandhi was appointed as Director.
Ceased
Joseph Provenzano ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Hapman Systems is an active private limited company based in Vadodara, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 13 September 2007 (19+ years old) and is registered under CIN U74900GJ2007PTC066037.
Hapman Systems has 3 current directors:
- Jigna Kuntalbhai Gandhi - Director
- Kuntal Nareshbhai Gandhi - Director
- Mitika Kuntal Gandhi - Additional Director
The latest financial statements of Hapman Systems 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 2015 are in the company report.
The GSTIN of Hapman Systems is 24AACCH0437K1ZT, registered in Gujarat. 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 Hapman Systems is U74900GJ2007PTC066037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hapman Systems was incorporated on 13 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mitika Kuntal Gandhi was appointed as Additional Director on 23 Jan 2025. David Fisher Brian ceased to be Director on 12 Dec 2024. Edward Arthur Thompson ceased to be Director on 12 Dec 2024. Hapman Systems has 15 board changes on record in total.
Yes, Hapman Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0097940).
Hapman Systems can be reached through the website hapman.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Hapman Systems is at D – 24 1st Floor Sardar Estate Ajwa Road, Vadodara, Gujarat, India – 390019.
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