- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0144904

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
Recognitions & Rankings of Believant Technologies
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
- Website
- Registered AddressAcolade S.No.25/1A/26/1 Flat No.601 Bldg.No.B – 4 Kharadi, Pune, Maharashtra, India – 411014
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Believant Technologies 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
Brands
Believant Technologies operates one associated brand: Believant Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, 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 availableBelievant Technologies Private Limited reported revenue of ₹18.48 Cr (up 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| 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 | ₹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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | ||||
| Net Profit Margin | 10% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhilesh Chandra Chaturvedi | Director | 22 Dec 2018 | 7 Years 10 Months | Current |
| Sandeepsingh Pralhadrao Shisode | Director | 22 Dec 2018 | 7 Years 10 Months | Current |
| Gajanan Gangaram Bhalerao Also directs: MSGN India Private Limited | Director | 22 Dec 2018 | 7 Years 10 Months | Current |
| Milind Laxman Chaudhari Also directs: MSGN India Private Limited | Director | 22 Dec 2018 | 7 Years 10 Months | Current |
| Nitin Bapurao Doke Also directs: MSGN India Private Limited | Director | 24 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Believant Technologies Private Limited is audited by M.S.ATRE AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.S.ATRE AND ASSOCIATES | FY 2023 | 113346W |
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 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 Believant Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2024 | 100960583 | Others | ₹31.2 Lakh | Open | |
| 21 Jul 2023 | 100762591 | Others | ₹1.5 Cr | Open | |
| 05 Sep 2022 | 100617336 | Axis Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Believant Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Believant Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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.
GST
Believant Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCB9187K1Z1 | Maharashtra | Active | 01 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.
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:
- Akhilesh Chandra Chaturvedi - Director
- Sandeepsingh Pralhadrao Shisode - Director
- Gajanan Gangaram Bhalerao - Director
- Milind Laxman Chaudhari - Director
- Nitin Bapurao Doke - Director
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.