MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0084718
Bangalore Hitech Services Private Limited
Bangalore Hitech Services Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.33 Cr
▼ 20% YoY
Net profit · FY 2024
₹1.77 Cr
Net margin 8.7%
EBITDA · FY 2024
₹4.52 Cr
EBITDA margin 22.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
107
Provident fund records
Directors on board
2
As per MCA filings
About Bangalore Hitech Services Private Limited
Data last updated:
Bangalore Hitech Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 31 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72502KA2020PTC134457. Its GSTIN is 29AAJCB0144J1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankaj Kumar and Gaurav.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.33 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Cr (net margin 8.7%) and EBITDA of ₹4.52 Cr (EBITDA margin 22.2%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years.
The company has about 107 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 4 cases are pending.
Bangalore Hitech Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0084718).
Company details
CIN U72502KA2020PTC134457
Registration Number 134457
Incorporation Date 31 May 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-KR-03-0084718
Key People
Pankaj Kumar Director Gaurav Director Recognitions & Rankings of Bangalore Hitech Services
Contact details
Bangalore Hitech Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address49 – B 3rd Main 3rd Phase, Peenya Industrial Area Bengaluru Urban, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Bangalore Hitech Services Private Limited, buy the company report.
Comprehensive company report
Bangalore Hitech Services Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Bangalore Hitech Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Bangalore Hitech Services Private Limited, buy the company report.
Financials of Bangalore Hitech Services Private Limited
FY 2024 filings availableBangalore Hitech Services Private Limited reported revenue of ₹20.33 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹20.33 Cr ▼ 20%
Net profit · FY 2024
₹1.77 Cr margin 8.7%
EBITDA · FY 2024
₹4.52 Cr margin 22.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 182%
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 79%. EBITDA fell 38% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹4.52 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.77 Cr | |||
| 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 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 22.2% | |||
| Net Profit Margin | 8.7% | |||
| 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 Bangalore Hitech Services Private Limited, buy the company report.
Board of directors of Bangalore Hitech Services Private Limited
Bangalore Hitech Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Kumar Also directs: Blue Hat Solutions Private Limited | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
| Gaurav Also directs: CXM Outsourcing LLP | Director | 31 May 2020 | 6 Years 4 Months | Current |
Legal cases
Bangalore Hitech Services Private Limited has 6 court cases on record: 2 filed by Bangalore Hitech Services, 4 filed against it. 4 cases are pending and 2 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Kotak Mahinda Bank Ltd | Disposed |
To see the full case history of Bangalore Hitech Services 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 Bangalore Hitech Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bangalore Hitech Services Private Limited has a workforce of 107 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
107
Active EPFO establishments
1
Employee growth
101.89%
GST
Bangalore Hitech Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCB0144J1ZO | Karnataka | Active | 18 Jun 2020 |
To see the full GST registrations and return filing status of Bangalore Hitech Services Private Limited, buy the company report.
Recent activity
Bangalore Hitech Services Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Pankaj Kumar was appointed as Director on 18 Sep 2020.
AGM
Bangalore Hitech Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bangalore Hitech Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Pankaj Kumar was appointed as Director.
Ceased
Dhulipudi Praveen ceased to be Director.
Appointed
Gaurav was appointed as Director.
Incorporation
31 May 2020
Bangalore Hitech Services Private Limited was registered on 31 May 2020 with Roc Bangalore & aged 6 years 5 months as per MCA records.
Frequently asked questions
Bangalore Hitech Services is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 31 May 2020 (6+ years old) and is registered under CIN U72502KA2020PTC134457.
Bangalore Hitech Services has 2 current directors:
- Pankaj Kumar - Director
- Gaurav - Director
The latest financial statements of Bangalore Hitech Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Bangalore Hitech Services is 29AAJCB0144J1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Bangalore Hitech Services is U72502KA2020PTC134457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bangalore Hitech Services has 6 court cases on record: 2 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Bangalore Hitech Services was incorporated on 31 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Pankaj Kumar was appointed as Director on 18 Sep 2020. Dhulipudi Praveen ceased to be Director on 16 Sep 2020. Gaurav was appointed as Director on 31 May 2020.
Yes, Bangalore Hitech Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0084718).
The registered office of Bangalore Hitech Services is at 49 – B 3rd Main 3rd Phase, Peenya Industrial Area Bengaluru Urban, Bangalore, Karnataka, India – 560058.
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