About Honeywell Technology Solutions Lab Private Limited
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Honeywell Technology Solutions Lab Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Honeywell International Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1994FTC016379. Its GSTIN is 29AAACH4151J1ZK (Karnataka). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Ganapathy Ramanathan and Niranjan Kalyandurg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,021.78 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹211.26 Cr (net margin 5.3%) and EBITDA of ₹542.79 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 8,005 employees on its provident fund (EPFO) records.
Court records list 19 cases involving the company, including 8 filed by the company and 11 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website honeywell.com.
Company details
CIN history
Honeywell Technology Solutions Lab has one previous CIN (Corporate Identification Number): U72200KA1994PTC016379. The current CIN is U72200KA1994FTC016379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA1994FTC016379 | Current |
| U72200KA1994PTC016379 | Previous |
Contact details
Honeywell Technology Solutions Lab Private Limited's registered office is in Bengaluru, Karnataka. Its website is honeywell.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey#96&97 Boganahalli Village Survey#72/2&72/5 Doddakananahalli Village Varthur Hobli B, Engaluru – E, Bengaluru, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Honeywell Technology Solutions Lab 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 Honeywell Technology Solutions Lab is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Honeywell Technology Solutions Lab Private Limited, buy the company report.
Financials of Honeywell Technology Solutions Lab Private Limited
FY 2024 filings availableHoneywell Technology Solutions Lab Private Limited reported revenue of ₹4,021.78 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 14% growth in the latest year. EBITDA fell 24% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹542.79 Cr | ||||
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| Net Profit (PAT) | ₹211.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Honeywell Technology Solutions Lab Private Limited, buy the company report.
Board of directors of Honeywell Technology Solutions Lab Private Limited
Honeywell Technology Solutions Lab has 4 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganapathy Ramanathan | Director | 21 Oct 2020 | 6 Years 0 Months | Current |
| Niranjan Kalyandurg | Director | 24 Jan 2024 | 2 Years 9 Months | Current |
| Anita Vijaykrishnan | Director | 24 Jan 2024 | 2 Years 9 Months | Current |
| Gopal Krishna Karthik Swaminath | Director | 08 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Honeywell Technology Solutions Lab Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366/W-100018 |
Shareholding
The shareholding of Honeywell Technology Solutions Lab Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Honeywell Technology Solutions Lab Private Limited, buy the company report.
Legal cases
Honeywell Technology Solutions Lab Private Limited has 19 court cases on record: 8 filed by Honeywell Technology Solutions Lab, 11 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 6 | 1 |
| District courts | 6 | 4 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Government of Karnataka | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Pending |
| Madras High Court | Writ petition | Filed against the company by an individual | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax and 1 other | Disposed |
To see the full case history of Honeywell Technology Solutions Lab 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
Honeywell Technology Solutions Lab Private Limited has 14 MSME Form 1 returns on record between 2018 and 2024, listing 199 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Thirumal Murugan Travels | |||
| an individual supplier | |||
| CS Enterprise | |||
| Sidhartha Electronics | |||
| Brigade Hospitality Services Limited |
To see the full MSME payment records of Honeywell Technology Solutions Lab Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Honeywell Technology Solutions Lab Private Limited has a workforce of 8,005 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Honeywell Technology Solutions Lab has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACH4151J1ZK | Karnataka | Active | 01 Jul 2017 |
| 29AAACH4151J3ZI | Karnataka | Active | 17 Mar 2025 |
| 06AAACH4151J1ZS | Haryana | Active | 01 Jul 2017 |
| 33AAACH4151J1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Honeywell Technology Solutions Lab Private Limited, buy the company report.
Recent activity
Honeywell Technology Solutions Lab Private Limited has 25 board changes on record since 2008: 4 appointments and 21 cessations. The latest: Gopal Krishna Karthik Swaminath ceased to be Additional Director on 29 Sep 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Honeywell Technology Solutions Lab is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 October 1994 (32+ years old) and is registered under CIN U72200KA1994FTC016379.
Honeywell Technology Solutions Lab has 4 current directors:
- Ganapathy Ramanathan - Director
- Niranjan Kalyandurg - Director
- Anita Vijaykrishnan - Director
- Gopal Krishna Karthik Swaminath - Director
The latest financial statements of Honeywell Technology Solutions Lab on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Honeywell Technology Solutions Lab is 29AAACH4151J1ZK, registered in Karnataka. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACH4151J3ZI (Karnataka), 06AAACH4151J1ZS (Haryana), 33AAACH4151J1ZV (Tamil Nadu).
The CIN (Corporate Identification Number) of Honeywell Technology Solutions Lab is U72200KA1994FTC016379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honeywell Technology Solutions Lab has 19 court cases on record: 8 filed by the company and 11 filed against it. 2 are pending. Most are in the high courts.
Honeywell Technology Solutions Lab was incorporated on 11 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Gopal Krishna Karthik Swaminath ceased to be Additional Director on 29 Sep 2025. Gopal Krishna Karthik Swaminath was appointed as Director on 08 Jul 2025. Anita Vijaykrishnan ceased to be Additional Director on 18 Sep 2024. Honeywell Technology Solutions Lab has 25 board changes on record in total.
Honeywell Technology Solutions Lab has 14 MSME Form 1 returns on record between 2018 and 2024, listing 199 overdue payments to 47 micro and small suppliers. The latest return was filed on 19 Apr 2024.
Honeywell Technology Solutions Lab can be reached through the website honeywell.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Honeywell Technology Solutions Lab is at Survey#96&97 Boganahalli Village Survey#722&725 Doddakananahalli Village Varthur Hobli B, Engaluru – E, Bengaluru, Karnataka, India – 560103.