About HBS Network Private Limited
Data last updated:
HBS Network Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 18 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74120UP2015PTC069013. Its GSTIN is 09AADCH5717P2Z0 (Uttar Pradesh). 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 ₹7.25 Lakh. It is led by directors including Vedvrat Tyagi and Satendra Tyagi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 190 Old House Munshi Market Sihani, Ghaziabad, Uttar Pradesh, India – 201001.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.8 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.94 Lakh (net margin 3.2%) and EBITDA of ₹3.67 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hbsnetwork.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address190 Old House Munshi Market Sihani, Ghaziabad, Uttar Pradesh, India – 201001
- IndustryTelecom, ISP & Broadband 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 HBS Network Private Limited
The main business activity of HBS Network is information and communication. In detail, this covers broadcasting and programming activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming 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 HBS Network Private Limited FY 2024 filings available
HBS Network Private Limited reported revenue of ₹91.8 Lakh (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of HBS Network Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 19% 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 HBS Network Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.94 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 HBS Network Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 HBS Network are in the company report.
Financial statements from 2015
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.
Board of Directors of HBS Network Private Limited
HBS Network has 8 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vedvrat Tyagi Also directs: Etechify Technologies Private Limited | Director | 29 Mar 2022 | 4 Years 6 Months | Current |
| Satendra Tyagi | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
| Chhaya Tyagi | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
| Kapil Dev Tyagi Also directs: Home Broad Band Services LLP, Rapid Telecom India Private Limited | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
| Nitin Tyagi Also directs: Home Broad Band Services LLP, Rapid Telecom India Private Limited, Auralis Network Private Limited and 1 more | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
| Manu Tyagi Also directs: Home Broad Band Services LLP | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
Peer Comparison of HBS Network Private Limited
HBS Network Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Weblink Infoways Private Limited | ₹94.29 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Akima Internet Private Limited | ₹94.23 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Gurgaon, Haryana, India |
| Net Phoenix Ip Solutions Private Limited | ₹93.61 Lakh (FY 2018) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| Whizzy Geeks Internet Services Private Limited | ₹93.55 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| City Broadband Network Private Limited | ₹92.6 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Rudrapur, Uttarakhand, India |
| HBS Network Private Limited this company | ₹91.8 Lakh (FY 2024) | •••• | •••• | -12.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Metro Netcom Services Private Limited | ₹91.78 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Click4net E-Ventures Private Limited | ₹91.51 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Jaipur, Rajasthan, India |
| SJ Diginet Private Limited | ₹90.74 Lakh (FY 2018) | •••• | •••• | 169.0% | •••• | Dadri, Uttar Pradesh, India |
| Ncore Creative Technologies Private Limited | ₹90.58 Lakh (FY 2023) | •••• | •••• | 76.0% | •••• | Ajmer, Rajasthan, India |
| Flixtel Communication Private Limited | ₹90.28 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Rewari, Haryana, India |
Peers are the five companies nearest above and the five nearest below HBS Network by revenue in the Telecom industry (Landline ISP and Broadband), 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 HBS Network Private Limited
HBS Network Private Limited is audited by VINAY NAVEEN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINAY NAVEEN & CO | 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.
Ownership and Shareholding of HBS Network 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 HBS Network Private Limited
HBS Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of HBS Network Private Limited
HBS Network Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Court case (Mv Act) | Filed against the company by State | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at HBS Network Private Limited
Employment history and EPFO contributions of people linked to HBS Network.
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 HBS Network Private Limited
HBS Network Private Limited has 9 board changes on record since 2015: 8 appointments and 1 cessation. The latest: Vedvrat Tyagi was appointed as Director on 29 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for HBS Network 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 HBS Network 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 HBS Network 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 HBS Network Private Limited
HBS Network has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCH5717P2Z0 | Uttar Pradesh | Active | 01 Jul 2017 |
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 HBS Network 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 HBS Network Private Limited
HBS Network is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 18 February 2015 (11+ years old) and is registered under CIN U74120UP2015PTC069013.
HBS Network reported revenue of ₹91.8 Lakh for FY 2024 (down 12% YoY).
HBS Network has 8 current directors:
- Vedvrat Tyagi - Director
- Satendra Tyagi - Director
- Chhaya Tyagi - Director
- Kapil Dev Tyagi - Director
- Nitin Tyagi - Director
- Manu Tyagi - Director
- Gaurav Tyagi - Director
- Girjesh Kumar Sharma - Director
HBS Network reported a net profit of ₹2.94 Lakh (net margin 3.2%) and EBITDA of ₹3.67 Lakh (EBITDA margin 4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HBS Network is -2% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HBS Network is 09AADCH5717P2Z0, registered in Uttar Pradesh. 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 HBS Network is U74120UP2015PTC069013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HBS Network has 1 court case on record: 1 filed against it.
HBS Network was incorporated on 18 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of HBS Network by revenue are Weblink Infoways Private Limited, Akima Internet Private Limited, Net Phoenix Ip Solutions Private Limited, Whizzy Geeks Internet Services Private Limited, City Broadband Network Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Vedvrat Tyagi was appointed as Director on 29 Mar 2022. Nitin Goel ceased to be Director on 08 Nov 2019. Chhaya Tyagi was appointed as Director on 18 Feb 2015. HBS Network has 9 board changes on record in total.