Heatrec Solutions Private Limited
About Heatrec Solutions Private Limited
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Heatrec Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 31 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2020PTC116003. Its GSTIN is 24AAFCH4336J1ZM (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kalpesh Kanakrai Jani and Avinash Kumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 14 Vaikunth Flat New Sama Road, Vadodara, Gujarat, India – 390008.
As per the financials filed for FY 2022, the company reported a revenue of ₹79,000, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹1.3 Lakh (net margin -164.1%) and EBITDA of -₹1.3 Lakh (EBITDA margin -164.1%).
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HeaTRec Solutions.
Company details
Contact details
Heatrec Solutions Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address14 Vaikunth Flat New Sama Road, Vadodara, Gujarat, India – 390008
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Heatrec 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
Brands
Heatrec Solutions operates one associated brand: HeaTRec Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in application development and managed IT services. | heatrecsolutions.com |
Business activity
The main business activity of Heatrec Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Heatrec Solutions Private Limited, buy the company report.
Financials of Heatrec Solutions Private Limited
FY 2022 filings availableHeatrec Solutions Private Limited reported revenue of ₹79,000 (up 76% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 76% in the latest year. EBITDA fell 75% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹79,000 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.3 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.3 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -164.1% | |
| Net Profit Margin | -164.1% | |
| 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 | ||
To see the full financial statements and ratios of Heatrec Solutions Private Limited, buy the company report.
Board of directors of Heatrec Solutions Private Limited
Heatrec Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Kanakrai Jani Also directs: Digital 2 Virtual Isp Private Limited | Director | 31 Aug 2020 | 6 Years 2 Months | Current |
| Avinash Kumar | Director | 31 Aug 2020 | 6 Years 2 Months | Current |
| Nilamben Kanaiyalal Patel | Director | 02 Jun 2022 | 4 Years 5 Months | Current |
Peer comparison
Heatrec Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Great Search Staffing and Management Systems Private Limited | ₹80,544 (FY 2019) | -73.0% | Pune, Maharashtra, India | |||
| Saicon Consultants Pvt Ltd | ₹80,500 (FY 2024) | 61.0% | Bhopal, Madhya Pradesh, India | |||
| Pearlair Hostess Academy Private Limited | ₹80,000 (FY 2025) | -65.0% | Kanpur, Uttar Pradesh, India | |||
| Career Care Staffing Solutions Private Limited | ₹79,279 (FY 2016) | -70.0% | Pune, Maharashtra, India | |||
| Career Joy Consulting Private Limited | ₹79,140 (FY 2024) | 150.0% | Bangalore, Karnataka, India | |||
| Heatrec Solutions Private Limitedthis company | ₹79,000 (FY 2022) | -₹1.3 Lakh | -164.1% | 76.0% | 15 | Vadodara, Gujarat, India |
| Talentport Agency Private Limited | ₹78,234 (FY 2025) | 30.0% | New Delhi, Delhi, India | |||
| Mensch Value Private Limited | ₹77,770 (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Mind Map Advisors Private Limited | ₹77,769 (FY 2018) | -76.0% | Pune, Maharashtra, India | |||
| Kalpin Engineers & Consultants Private Limited | ₹77,360 (FY 2020) | -83.0% | Noida, Uttar Pradesh, India | |||
| 3Rd Eye Facility Management and Security Services Private Limited | ₹77,189 (FY 2022) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Heatrec Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Heatrec Solutions 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 Heatrec Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Heatrec Solutions Private Limited has a workforce of 15 employees on its EPFO records as of Jan 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 15 |
GST
Heatrec Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCH4336J1ZM | Gujarat | Active | 01 Oct 2022 |
To see the full GST registrations and return filing status of Heatrec Solutions Private Limited, buy the company report.
Recent activity
Heatrec Solutions Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Nilamben Kanaiyalal Patel was appointed as Director on 02 Jun 2022.
Frequently asked questions
Heatrec Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 31 August 2020 (6+ years old) and is registered under CIN U74999GJ2020PTC116003.
Heatrec Solutions has 3 current directors:
- Kalpesh Kanakrai Jani - Director
- Avinash Kumar - Director
- Nilamben Kanaiyalal Patel - Director
The latest financial statements of Heatrec Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Heatrec Solutions is 24AAFCH4336J1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Heatrec Solutions is U74999GJ2020PTC116003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heatrec Solutions was incorporated on 31 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Heatrec Solutions by revenue are Great Search Staffing and Management Systems Private Limited, Saicon Consultants Pvt Ltd, Pearlair Hostess Academy Private Limited, Career Care Staffing Solutions Private Limited, Career Joy Consulting Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Nilamben Kanaiyalal Patel was appointed as Director on 02 Jun 2022. Avinash Kumar was appointed as Director on 31 Aug 2020. Kalpesh Kanakrai Jani was appointed as Director on 31 Aug 2020.
The registered office of Heatrec Solutions is at 14 Vaikunth Flat New Sama Road, Vadodara, Gujarat, India – 390008.
Heatrec Solutions operates in the business services industry, in the miscellaneous business activities segment.
Heatrec Solutions has 1 associated brand: Heatrec Solutions.
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