Believant Technologies Private Limited

Believant Technologies Private Limited - engineering in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999PN2014PTC151271 Incorporated 01 April 2014 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company engineering MSME · Small
Data last updated
Revenue · FY 2024
₹18.48 Cr
▲ 73% YoY
Net profit · FY 2024
₹1.85 Cr
Net margin 10%
EBITDA · FY 2024
₹3.46 Cr
EBITDA margin 18.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.81 Cr
Satisfied ₹60 Lakh
Company age
12 yrs
Est. 2014
Employees · EPFO
126
Provident fund records

About Believant Technologies Private Limited

Data last updated:

Believant Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 01 April 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2014PTC151271. Its GSTIN is 27AAFCB9187K1Z1 (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Akhilesh Chandra Chaturvedi and Sandeepsingh Pralhadrao Shisode.

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 Acolade S.No.25/1A/26/1 Flat No.601 Bldg.No.B – 4 Kharadi, Pune, Maharashtra, India – 411014.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.48 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Cr (net margin 10%) and EBITDA of ₹3.46 Cr (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 22% over five years.

The company has about 126 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Believant Technologies. As per MCA filings, the company has open charges of ₹1.81 Cr and satisfied charges of ₹60 Lakh on record.

Believant Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0144904). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website believant.com.

Company details

CIN U74999PN2014PTC151271
Registration Number 151271
Incorporation Date 01 April 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0144904

Recognitions & Rankings of Believant Technologies

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0144904

Contact details

Believant Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is believant.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Acolade S.No.25/1A/26/1 Flat No.601 Bldg.No.B – 4 Kharadi, Pune, Maharashtra, India – 411014
  • Industry
    Engineering, Engineering Design & Consultancy

To see the full contact details of Believant Technologies Private Limited, buy the company report.

Comprehensive company report
Believant Technologies 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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Brands

Believant Technologies operates one associated brand: Believant Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Mechanical engineering and robotics simulation services for automotive and manufacturing industries.believant.com

Business activity

The main business activity of Believant Technologies is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Believant Technologies Private Limited, buy the company report.

Financials of Believant Technologies Private Limited

FY 2024 filings available

Believant Technologies Private Limited reported revenue of ₹18.48 Cr (up 73% YoY) for FY 2024.

Revenue · FY 2024
₹18.48 Cr ▲ 73%
Net profit · FY 2024
₹1.85 Cr margin 10%
EBITDA · FY 2024
₹3.46 Cr margin 18.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 43%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 325%
3 years · compounded
▲ 91%
5 years · compounded
▲ 23%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 73% growth in the latest year. EBITDA rose 325% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.46 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.85 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
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin18.7%
Net Profit Margin10%
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 Believant Technologies Private Limited, buy the company report.

Board of directors of Believant Technologies Private Limited

Believant Technologies has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akhilesh Chandra ChaturvediDirector22 Dec 20187 Years 10 MonthsCurrent
Sandeepsingh Pralhadrao ShisodeDirector22 Dec 20187 Years 10 MonthsCurrent
Gajanan Gangaram BhaleraoDirector22 Dec 20187 Years 10 MonthsCurrent
Milind Laxman ChaudhariDirector22 Dec 20187 Years 10 MonthsCurrent
Nitin Bapurao DokeDirector24 Nov 201411 Years 11 MonthsCurrent

Auditor

Believant Technologies Private Limited is audited by M.S.ATRE AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M.S.ATRE AND ASSOCIATESFY 2023113346W

Shareholding

The shareholding of Believant Technologies 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Believant Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.81 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Others₹1.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 May 2024100960583Others₹31.2 LakhOpen
21 Jul 2023100762591Others₹1.5 CrOpen
05 Sep 2022100617336Axis Bank Limited₹60 LakhSatisfied

To see the full charge records of Believant Technologies Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Believant Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Believant Technologies Private Limited has a workforce of 126 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
126
Active EPFO establishments
1
Employee growth
40%

GST

Believant Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCB9187K1Z1MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Believant Technologies Private Limited, buy the company report.

Recent activity

Believant Technologies Private Limited has 16 board changes on record since 2014: 5 appointments and 11 cessations. The latest: Anuja Sandeepsingh Shisode ceased to be Director on 19 Nov 2019.

AGM
Believant Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 05 Sep 2022 via Charge ID 100617336 with Axis Bank Limited was fully satisfied on 24 Jul 2024.
Charges
A charge with Others amounted to Rs. 31.20 Lakh with Charge ID 100960583 was registered on 28 May 2024.
Filing
Believant Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100762591 was registered on 21 Jul 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100617336 was registered on 05 Sep 2022.
Ceased
Anuja Sandeepsingh Shisode ceased to be Director.
Ceased
Punam Chaturvedi ceased to be Director.
Ceased
Shital Milind Chaudhari ceased to be Director.
Ceased
Akhilesh Chandra Chaturvedi ceased to be Additional Director.
Ceased
Gajanan Gangaram Bhalerao ceased to be Additional Director.
Ceased
Milind Laxman Chaudhari ceased to be Additional Director.

11 earlier events are in the company report.

Frequently asked questions

Believant Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 01 April 2014 (12+ years old) and is registered under CIN U74999PN2014PTC151271.

Believant Technologies has 5 current directors:

The latest financial statements of Believant Technologies 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 2015 are in the company report.

The GSTIN of Believant Technologies is 27AAFCB9187K1Z1, registered in Maharashtra.

The CIN (Corporate Identification Number) of Believant Technologies is U74999PN2014PTC151271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Believant Technologies was incorporated on 01 April 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.

Anuja Sandeepsingh Shisode ceased to be Director on 19 Nov 2019. Punam Chaturvedi ceased to be Director on 19 Nov 2019. Shital Milind Chaudhari ceased to be Director on 19 Nov 2019. Believant Technologies has 16 board changes on record in total.

Yes, Believant Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0144904).

Believant Technologies can be reached through the website believant.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Believant Technologies is at Acolade S.No.251A261 Flat No.601 Bldg.No.B – 4 Kharadi, Pune, Maharashtra, India – 411014.