About Hourlybility Softech Private Limited
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Hourlybility Softech Private Limited is a private limited company based in Maholel, Gujarat, India, a subsidiary of Hourlybility Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2016PTC094539. Its GSTIN is 24AAECH0254L1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hiteshbhai Harshadbhai Patel and Priyank Patel Jayesh.
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 Mahadev Faliyu Ta. Nadiad, Maholel, Gujarat, India – 387330.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.67 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹6.91 Lakh (net margin -35.1%) and EBITDA of -₹7.01 Lakh (EBITDA margin -35.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company is associated with 1 brand: Hourlybility.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hourlybility.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMahadev Faliyu Ta. Nadiad, Maholel, Gujarat, India – 387330
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Associated Brands with Hourlybility Softech Private Limited
Hourlybility Softech operates one associated brand: Hourlybility. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online job board for freelancers. | hourlybility.com |
Business Activity of Hourlybility Softech Private Limited
The main business activity of Hourlybility Softech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Hourlybility Softech Private Limited FY 2022 filings available
Hourlybility Softech Private Limited reported revenue of ₹19.67 Lakh (down 60% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Hourlybility Softech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 60% fall in the latest year. EBITDA fell 584% 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 Hourlybility Softech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹7.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.91 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 Hourlybility Softech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -35.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Hourlybility Softech are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Hourlybility Softech Private Limited
Hourlybility Softech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshbhai Harshadbhai Patel Also directs: Profero Techno Private Limited | Additional Director | 04 Dec 2017 | 8 Years 10 Months | Current |
| Priyank Patel Jayesh Also directs: Profero Techno Private Limited | Additional Director | 01 Jun 2018 | 8 Years 4 Months | Current |
Peer Comparison of Hourlybility Softech Private Limited
Hourlybility Softech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Legend IT Solutions Private Limited | ₹19.83 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Bitbase Technologies Private Limited | ₹19.8 Lakh (FY 2025) | •••• | •••• | •••• | Kollam, Kerala, India | |
| Hindustanconsulting Services India Private Limited (OPC) | ₹19.77 Lakh (FY 2019) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| C-Bit Technologies (India) Private Limited | ₹19.73 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Radhika Creations Private Limited | ₹19.7 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Delhi, India |
| Hourlybility Softech Private Limited this company | ₹19.67 Lakh (FY 2022) | •••• | •••• | -60.0% | •••• | Maholel, Gujarat, India |
| Convergence International Private Limited | ₹19.67 Lakh (FY 2024) | •••• | •••• | -32.0% | •••• | Delhi, India |
| MGM Corporation Private Limited | ₹19.58 Lakh (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Svinsys Technologies Private Limited | ₹19.57 Lakh (FY 2020) | •••• | •••• | 241.0% | •••• | Hyderabad, Telangana, India |
| Lukas Multi-Solutions India Private Limited | ₹19.56 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Gurgaon, Haryana, India |
| Nikhil Impex Private Limited | ₹19.55 Lakh (FY 2022) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Hourlybility Softech by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 Hourlybility Softech Private Limited
Hourlybility Softech Private Limited is audited by HITEN AND ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HITEN AND ASSOCIATES | 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.
Ownership and Shareholding of Hourlybility Softech 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 Hourlybility Softech Private Limited
Hourlybility Softech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hourlybility Softech Private Limited
Employment history and EPFO contributions of people linked to Hourlybility Softech.
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.
Recent Activity on Hourlybility Softech Private Limited
Hourlybility Softech Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Nishant Rajesh Gulati ceased to be Additional Director on 24 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Hourlybility Softech 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 Hourlybility Softech 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 Hourlybility Softech 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 Hourlybility Softech Private Limited
Hourlybility Softech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECH0254L1ZQ | Gujarat | Active | 09 Aug 2017 |
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 Hourlybility Softech 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 Hourlybility Softech Private Limited
Hourlybility Softech is an active private limited company based in Maholel, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 December 2016 (10+ years old) and is registered under CIN U72900GJ2016PTC094539.
Hourlybility Softech reported revenue of ₹19.67 Lakh for FY 2022 (down 60% YoY).
Hourlybility Softech has 2 current directors:
- Hiteshbhai Harshadbhai Patel - Additional Director
- Priyank Patel Jayesh - Additional Director
Hourlybility Softech reported a net loss of ₹6.91 Lakh (net margin -35.1%) and EBITDA of -₹7.01 Lakh (EBITDA margin -35.6%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hourlybility Softech is -3% over three years. In the latest year (FY 2022) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hourlybility Softech is 24AAECH0254L1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Hourlybility Softech is U72900GJ2016PTC094539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hourlybility Softech was incorporated on 01 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hourlybility Softech by revenue are Legend IT Solutions Private Limited, Bitbase Technologies Private Limited, Hindustanconsulting Services India Private Limited (OPC), C-Bit Technologies (India) Private Limited, Radhika Creations Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Nishant Rajesh Gulati ceased to be Additional Director on 24 Sep 2018. Jalvinkumar Maheshbhai Patel ceased to be Director on 01 Jun 2018. Parthbhai Kishorbhai Bhuva ceased to be Director on 01 Jun 2018. Hourlybility Softech has 5 board changes on record in total.
Hourlybility Softech can be reached through the website hourlybility.com. Its registered office is in Maholel, Gujarat, India.