About Hexaroot Solutions Private Limited
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Hexaroot Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2016PTC274119. Its GSTIN is 27AADCH8414R2ZY (Maharashtra). 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 Ashish Bapusaheb Raskar and Sharad Rambhau Gaikwad.
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 B – 11/404 Brahmand Phase 6th Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.99 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹70,470 (net margin 0.9%) and EBITDA of ₹96,409 (EBITDA margin 1.3%).
The company is associated with 1 brand: Hexaroot Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hexaroot.com.
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- Website
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- Registered AddressB – 11/404 Brahmand Phase 6th Thane, Maharashtra, India – 400607
- IndustryInformation Technology, Application Development & Software Solutions, 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
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Business Activity of Hexaroot Solutions Private Limited
The main business activity of Hexaroot Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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 Hexaroot Solutions Private Limited FY 2024 filings available
Hexaroot Solutions Private Limited reported revenue of ₹76.99 Lakh (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hexaroot Solutions Private Limited
Revenue fell 50% in the latest year. EBITDA fell 58% 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 Hexaroot Solutions 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 | ₹96,409 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹70,470 | •••• | •••• | •••• | •••• |
| 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 Hexaroot Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Hexaroot Solutions are in the company report.
Financial statements from FY 2016
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 Hexaroot Solutions Private Limited
Hexaroot Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Management consultancy 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 |
|---|---|---|---|---|---|---|
| Mmaeon Management Private Limited | ₹77.08 Lakh (FY 2022) | •••• | •••• | 581.0% | •••• | Patna, Bihar, India |
| Ardent Recycling Private Limited | ₹77.07 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Ahmedabad, Gujarat, India |
| B&M Kurakabadi Private Limited | ₹77.06 Lakh (FY 2025) | •••• | •••• | 1831.0% | •••• | Kolkata, West Bengal, India |
| Janucare Max Billing Services Private Limited | ₹77.03 Lakh (FY 2024) | •••• | •••• | 53.0% | •••• | Hyderaabad, Telangana, India |
| Lightspeed Advisory Services India Private Limited | ₹77.01 Lakh (FY 2020) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Hexaroot Solutions Private Limited this company | ₹76.99 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Thane, Maharashtra, India |
| Javitri Consultancy Services Private Limited | ₹76.88 Lakh (FY 2024) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| R S P Technocrats Private Limited | ₹76.87 Lakh (FY 2024) | •••• | •••• | 99.0% | •••• | New Delhi, Delhi, India |
| Deft Advisory and Research Private Limited | ₹76.87 Lakh (FY 2019) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Skope Business Ventures Private Limited | ₹76.87 Lakh (FY 2016) | •••• | •••• | -44.0% | •••• | Gurgaon, Haryana, India |
| TCG Real Estate Investment Management Co Private Limited | ₹76.87 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Hexaroot Solutions by revenue in the same principal business activity (Management consultancy 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 Hexaroot Solutions Private Limited
Hexaroot Solutions Private Limited is audited by UDAY PREMJI PASAD for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UDAY PREMJI PASAD | 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 Hexaroot Solutions Private Limited
Hexaroot Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Bapusaheb Raskar | Director | 10 Mar 2016 | 10 Years 7 Months | Current |
| Sharad Rambhau Gaikwad | Director | 10 Mar 2016 | 10 Years 7 Months | Current |
| Shridhar Sadashiv Shinde | Director | 01 Dec 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Hexaroot Solutions 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 Hexaroot Solutions Private Limited
Hexaroot Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Hexaroot Solutions Private Limited
Hexaroot Solutions operates one associated brand: Hexaroot Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT hardware maintenance, managed services, and system integration to businesses worldwide. | hexaroot.com |
Employees and EPFO Compliance at Hexaroot Solutions Private Limited
Hexaroot Solutions Private Limited has a workforce of 0 employees as of Apr 07, 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.
CIN History of Hexaroot Solutions Private Limited
Hexaroot Solutions has one previous CIN (Corporate Identification Number): U63090MH2016PTC274119. The current CIN is U74110MH2016PTC274119, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2016PTC274119 | Current |
| U63090MH2016PTC274119 | Previous |
Recent Activity on Hexaroot Solutions Private Limited
Hexaroot Solutions Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Shridhar Sadashiv Shinde was appointed as Director on 01 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Hexaroot Solutions 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 Hexaroot Solutions 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 Hexaroot Solutions 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 Hexaroot Solutions Private Limited
Hexaroot Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH8414R2ZY | Maharashtra | Active | 12 Mar 2019 |
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 Hexaroot Solutions 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 Hexaroot Solutions Private Limited
Hexaroot Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 March 2016 (10+ years old) and is registered under CIN U74110MH2016PTC274119.
Hexaroot Solutions reported revenue of ₹76.99 Lakh for FY 2024 (down 50% YoY).
Hexaroot Solutions has 3 current directors:
- Ashish Bapusaheb Raskar - Director
- Sharad Rambhau Gaikwad - Director
- Shridhar Sadashiv Shinde - Director
Hexaroot Solutions reported a net profit of ₹70,470 (net margin 0.9%) and EBITDA of ₹96,409 (EBITDA margin 1.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Hexaroot Solutions is 27AADCH8414R2ZY, registered in Maharashtra. 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 Hexaroot Solutions is U74110MH2016PTC274119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hexaroot Solutions was incorporated on 10 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hexaroot Solutions by revenue are Mmaeon Management Private Limited, Ardent Recycling Private Limited, B&M Kurakabadi Private Limited, Janucare Max Billing Services Private Limited, Lightspeed Advisory Services India Private Limited and 5 more, all in the same principal business activity (Management consultancy activities).
Shridhar Sadashiv Shinde was appointed as Director on 01 Dec 2018. Ashish Bapusaheb Raskar was appointed as Director on 10 Mar 2016. Sharad Rambhau Gaikwad was appointed as Director on 10 Mar 2016.
Hexaroot Solutions can be reached through the website hexaroot.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Hexaroot Solutions is at B – 11404 Brahmand Phase 6th Thane, Maharashtra, India – 400607.