Space Hitznetwork Private Limited
About Space Hitznetwork Private Limited
Data last updated:
Space Hitznetwork Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 12 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC245589.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Usha Pravin Patel and Pravin Chaganlal Patel.
Its last annual general meeting (AGM) was held on 01 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at R:704 F:7 Rajendra Vihar Khetwadi 12th Lane Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.59 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹21,417 (net margin -1%) and EBITDA of ₹1.01 Lakh (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressR:704 F:7 Rajendra Vihar Khetwadi 12th Lane Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
Business Activity of Space Hitznetwork Private Limited
The main business activity of Space Hitznetwork is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication 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 Space Hitznetwork Private Limited FY 2024 filings available
Space Hitznetwork Private Limited reported revenue of ₹21.59 Lakh (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Space Hitznetwork Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 30% fall in the latest year. EBITDA fell 48% 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 Space Hitznetwork 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 | ₹1.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21,417 | •••• | •••• | •••• | •••• |
| 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 Space Hitznetwork Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 Space Hitznetwork are in the company report.
Financial statements from 2015
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 Space Hitznetwork Private Limited
Space Hitznetwork Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wired, wireless or satellite Telecommunication 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 |
|---|---|---|---|---|---|---|
| Feathers Wireless Network (OPC) Private Limited | ₹21.82 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Perambalur, Tamil Nadu, India |
| Limras Telecommunication Private Limited | ₹21.77 Lakh (FY 2019) | •••• | •••• | 181.0% | •••• | Pune, Maharashtra, India |
| Swastika Tele Solutions Private Limited | ₹21.7 Lakh (FY 2016) | •••• | •••• | 117.0% | •••• | Chandigarh, India |
| Triple Fast Net Private Limited | ₹21.7 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Delhi, India |
| Nextplay Broadband Private Limited | ₹21.69 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Gurugram, Haryana, India |
| Space Hitznetwork Private Limited this company | ₹21.59 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Ssicon Systems Private Limited | ₹21.58 Lakh (FY 2024) | •••• | •••• | 68.0% | •••• | Pune, Maharashtra, India |
| Naptune Infracom Private Limited | ₹21.56 Lakh (FY 2021) | •••• | •••• | •••• | Borivlai East, Maharashtra, India | |
| Vibrant Cellnet Private Limited | ₹21.55 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Kolkata, West Bengal, India |
| Gofi Internetwork Communications India Private Limited | ₹21.52 Lakh (FY 2024) | •••• | •••• | 54.0% | •••• | Coimbatore, Tamil Nadu, India |
| R Square E Services Private Limited | ₹21.49 Lakh (FY 2018) | •••• | •••• | -65.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Space Hitznetwork by revenue in the same principal business activity (Wired, wireless or satellite Telecommunication activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Space Hitznetwork Private Limited
Space Hitznetwork has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Pravin Patel | Director | 12 Jul 2013 | 13 Years 3 Months | Current |
| Pravin Chaganlal Patel | Director | 12 Jul 2013 | 13 Years 3 Months | Current |
Charges & Borrowings of Space Hitznetwork Private Limited
Space Hitznetwork Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Space Hitznetwork Private Limited
Employment history and EPFO contributions of people linked to Space Hitznetwork.
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 Space Hitznetwork Private Limited
Space Hitznetwork Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Pravin Chaganlal Patel was appointed as Director on 12 Jul 2013.
Credit Ratings, Litigation & Regulatory Alerts for Space Hitznetwork 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 Space Hitznetwork 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 Space Hitznetwork 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 Space Hitznetwork Private Limited
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 Space Hitznetwork 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 Space Hitznetwork Private Limited
Space Hitznetwork is an active private limited company based in Mumbai, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 12 July 2013 (13+ years old) and is registered under CIN U74999MH2013PTC245589.
Space Hitznetwork reported revenue of ₹21.59 Lakh for FY 2024 (down 30% YoY).
Space Hitznetwork has 2 current directors:
- Usha Pravin Patel - Director
- Pravin Chaganlal Patel - Director
Space Hitznetwork reported a net loss of ₹21,417 (net margin -1%) and EBITDA of ₹1.01 Lakh (EBITDA margin 4.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Space Hitznetwork is -18% over three years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Space Hitznetwork is U74999MH2013PTC245589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Hitznetwork was incorporated on 12 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Space Hitznetwork by revenue are Feathers Wireless Network (OPC) Private Limited, Limras Telecommunication Private Limited, Swastika Tele Solutions Private Limited, Triple Fast Net Private Limited, Nextplay Broadband Private Limited and 5 more, all in the same principal business activity (Wired, wireless or satellite Telecommunication activities).
Pravin Chaganlal Patel was appointed as Director on 12 Jul 2013. Usha Pravin Patel was appointed as Director on 12 Jul 2013.
The registered office of Space Hitznetwork is at R:704 F:7 Rajendra Vihar Khetwadi 12th Lane Girgaon, Mumbai, Maharashtra, India – 400004.
Space Hitznetwork has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.