
Honeybee Enterprises Private Limited
About Honeybee Enterprises Private Limited
Data last updated:
Honeybee Enterprises Private Limited is a private limited company based in Raibag, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 05 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC067021. Its GSTIN is 29AADCH0854K1ZD (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shivaraj Prakash Desai and Yuvraj Desai.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Near Ambabhavani Temple, Raibag, Karnataka, India – 591317.
As per the financials filed for FY 2021, the company reported a revenue of ₹27.69 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹19.51 Lakh (net margin -70.5%) and EBITDA of -₹6.48 Lakh (EBITDA margin -23.4%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 37% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Honeybee Enterprises Private Limited's registered office is in Raibag, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Ambabhavani Temple, Raibag, Karnataka, India – 591317
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Honeybee Enterprises 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
Business activity
The main business activity of Honeybee Enterprises is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Honeybee Enterprises Private Limited, buy the company report.
Financials of Honeybee Enterprises Private Limited
FY 2021 filings availableHoneybee Enterprises Private Limited reported revenue of ₹27.69 Lakh (down 97% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 97% fall in the latest year. EBITDA fell 130% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹6.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.51 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.4% | ||||
| Net Profit Margin | -70.5% | ||||
| 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 Honeybee Enterprises Private Limited, buy the company report.
Board of directors of Honeybee Enterprises Private Limited
Honeybee Enterprises has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivaraj Prakash Desai | Director | 05 Dec 2012 | 13 Years 10 Months | Current |
| Yuvraj Desai | Director | 05 Dec 2012 | 13 Years 10 Months | Current |
Shareholding
The shareholding of Honeybee Enterprises Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Honeybee Enterprises Private Limited, buy the company report.
Legal cases
Honeybee Enterprises Private Limited has 8 court cases on record: 8 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Limited, Hubballi | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Limited, Hubballi | Disposed |
To see the full case history of Honeybee Enterprises Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Honeybee Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Honeybee Enterprises Private Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Honeybee Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH0854K1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Honeybee Enterprises Private Limited, buy the company report.
Recent activity
Honeybee Enterprises Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Shivaraj Prakash Desai was appointed as Director on 05 Dec 2012.
Frequently asked questions
Honeybee Enterprises is an active private limited company based in Raibag, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 05 December 2012 (14+ years old) and is registered under CIN U74900KA2012PTC067021.
Honeybee Enterprises has 2 current directors:
- Shivaraj Prakash Desai - Director
- Yuvraj Desai - Director
The latest financial statements of Honeybee Enterprises on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Honeybee Enterprises is 29AADCH0854K1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Honeybee Enterprises is U74900KA2012PTC067021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honeybee Enterprises has 8 court cases on record: 8 filed against it. 1 is pending.
Honeybee Enterprises was incorporated on 05 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Shivaraj Prakash Desai was appointed as Director on 05 Dec 2012. Yuvraj Desai was appointed as Director on 05 Dec 2012.
The registered office of Honeybee Enterprises is at Near Ambabhavani Temple, Raibag, Karnataka, India – 591317.
Honeybee Enterprises operates in the business outsourcing industry, in the HR outsourcing and talent management segment.