Startup India Government of India
Hitarth Biotech Private Limited - life sciences in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹5.93 Cr
▼ 70% YoY
Net profit · FY 2020
₹1.22 Lakh
Net margin 0.2%
EBITDA · FY 2020
₹66.05 Lakh
EBITDA margin 11.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Hitarth Biotech Private Limited
Data last updated:
Hitarth Biotech Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 26 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24304KA2017PTC108938. Its GSTIN is 29AAECH3951N1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arun Dhariwal and Niyati.
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 C/O – Donthy Surya Prakash #826 A Block Bt Pura Village Yelahanka Hobli, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.93 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Lakh (net margin 0.2%) and EBITDA of ₹66.05 Lakh (EBITDA margin 11.1%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitarthbio.com.
Company Details of Hitarth Biotech Private Limited
CIN U24304KA2017PTC108938
Registration Number 108938
Incorporation Date 26 December 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Hitarth Biotech
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC/O – Donthy Surya Prakash #826 A Block Bt Pura Village Yelahanka Hobli, Bangalore, Karnataka, India – 560092
- IndustryLife Sciences, Biotechnology
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Business Activity of Hitarth Biotech Private Limited
The main business activity of Hitarth Biotech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Hitarth Biotech Private Limited FY 2020 filings available
Hitarth Biotech Private Limited reported revenue of ₹5.93 Cr (down 70% YoY) for FY 2020.
Revenue · FY 2020
₹5.93 Cr ▼ 70%
Net profit · FY 2020
₹1.22 Lakh margin 0.2%
EBITDA · FY 2020
₹66.05 Lakh margin 11.1%
Compounded Annual Growth Rate (CAGR) of Hitarth Biotech Private Limited
Revenue CAGR growth
1 year
▼ 70%
EBITDA CAGR growth
1 year
▼ 16%
Revenue fell 70% in the latest year. EBITDA fell 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Hitarth Biotech Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹5.93 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹66.05 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.22 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 Hitarth Biotech Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11.1% | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• |
| 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 Hitarth Biotech are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Hitarth Biotech Private Limited
Hitarth Biotech has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Dhariwal | Director | 26 Dec 2017 | 8 Years 9 Months | Current |
| Niyati | Director | 26 Dec 2017 | 8 Years 9 Months | Current |
| Om Prakash Golechha | Director | 26 Dec 2017 | 8 Years 9 Months | Current |
Peer Comparison of Hitarth Biotech Private Limited
Hitarth Biotech Private Limited is compared with the companies closest to it by revenue in the Biotechnology industry (Biotechnology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Privi Biotechnologies Private Limited | ₹6.15 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Navi Mumbai, Maharashtra, India |
| Genesys Biologics Private Limited | ₹6.08 Cr (FY 2024) | •••• | •••• | 87.0% | •••• | Hyderabad, Telangana, India |
| Sandor Life Sciences Private Limited | ₹6.02 Cr (FY 2021) | •••• | •••• | -33.0% | •••• | Hyderabad, Telangana, India |
| Callus Biotech Private Limited | ₹6.01 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolhapur, Maharashtra, India |
| Vastu Vihar Biotech Private Limited | ₹5.96 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Patna, Bihar, India |
| Hitarth Biotech Private Limited this company | ₹5.93 Cr (FY 2020) | •••• | •••• | -70.0% | •••• | Bangalore, Karnataka, India |
| Pushpa Biotech Private Limited | ₹5.85 Cr (FY 2025) | •••• | •••• | 172.0% | •••• | Jaipur, Rajasthan, India |
| Aristogene Biosciences Private Limited | ₹5.85 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Scigenom Labs Private Limited | ₹5.7 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Ernakulam, Kerala, India |
| Aura Biotechnologies Private Limited | ₹5.63 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Chennai, Tamil Nadu, India |
| Transcell Biosciences Private Limited | ₹5.58 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Hitarth Biotech by revenue in the Biotechnology industry (Biotechnology), 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 Hitarth Biotech Private Limited
Hitarth Biotech Private Limited is audited by Y C R J & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y C R J & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Hitarth Biotech Private Limited
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Charges & Borrowings of Hitarth Biotech Private Limited
Hitarth Biotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hitarth Biotech Private Limited
Employment history and EPFO contributions of people linked to Hitarth Biotech.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Hitarth Biotech Private Limited
Hitarth Biotech Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Arun Dhariwal was appointed as Director on 26 Dec 2017.
AGM
Hitarth Biotech Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Hitarth Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Arun Dhariwal was appointed as Director.
Appointed
Niyati was appointed as Director.
Appointed
Om Prakash Golechha was appointed as Director.
Incorporation
26 Dec 2017
Hitarth Biotech Private Limited was registered on 26 Dec 2017 with Roc Bangalore & aged 8 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Hitarth Biotech Private Limited
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MSME Payment Delays by Hitarth Biotech Private Limited
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Subsidiaries & Group Companies of Hitarth Biotech Private Limited
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GST Compliance of Hitarth Biotech Private Limited
Hitarth Biotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH3951N1Z2 | Karnataka | Active | 23 Jan 2018 |
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MCA Filings & Documents of Hitarth Biotech Private Limited
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Frequently Asked Questions about Hitarth Biotech Private Limited
Hitarth Biotech is an active private limited company based in Bangalore, Karnataka, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 26 December 2017 (9+ years old) and is registered under CIN U24304KA2017PTC108938.
Hitarth Biotech reported revenue of ₹5.93 Cr for FY 2020 (down 70% YoY).
Hitarth Biotech has 3 current directors:
- Arun Dhariwal - Director
- Niyati - Director
- Om Prakash Golechha - Director
Hitarth Biotech reported a net profit of ₹1.22 Lakh (net margin 0.2%) and EBITDA of ₹66.05 Lakh (EBITDA margin 11.1%) for FY 2020, as per its filed financial statements.
The GSTIN of Hitarth Biotech is 29AAECH3951N1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Hitarth Biotech is U24304KA2017PTC108938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitarth Biotech was incorporated on 26 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hitarth Biotech by revenue are Privi Biotechnologies Private Limited, Genesys Biologics Private Limited, Sandor Life Sciences Private Limited, Callus Biotech Private Limited, Vastu Vihar Biotech Private Limited and 5 more, all in the Biotechnology industry (Biotechnology).
Arun Dhariwal was appointed as Director on 26 Dec 2017. Niyati was appointed as Director on 26 Dec 2017. Om Prakash Golechha was appointed as Director on 26 Dec 2017.
Yes, Hitarth Biotech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Hitarth Biotech can be reached through the website hitarthbio.com. Its registered office is in Bangalore, Karnataka, India.