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Field Asset Tracking System Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.26 Cr
▼ 48% YoY
Net profit · FY 2020
₹1.06 Lakh
Net margin 0.8%
EBITDA · FY 2020
₹14.23 Lakh
EBITDA margin 11.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Field Asset Tracking System Private Limited
Data last updated:
Field Asset Tracking System Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 22 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC296496. Its GSTIN is 27AADCF1339F1ZW (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Satish Mahadeo Burange (Managing Director) and Mahadev Vithal Burange.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 601/A Daffodils Chs Building No – 2 Lokhandwala Complex, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.26 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 0.8%) and EBITDA of ₹14.23 Lakh (EBITDA margin 11.3%).
The company is associated with 1 brand: Hire Pay. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Field Asset Tracking System Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0041589). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hirepay.in.
Company details
CIN U74999MH2017PTC296496
Registration Number 296496
Incorporation Date 22 June 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0041589
Recognitions & Rankings of Field Asset Tracking System
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0041589
Contact details
Field Asset Tracking System Private Limited's registered office is in Mumbai, Maharashtra. Its website is hirepay.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address601/A Daffodils Chs Building No – 2 Lokhandwala Complex, Mumbai, Maharashtra, India – 400101
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Field Asset Tracking System Private Limited, buy the company report.
Comprehensive company report
Field Asset Tracking System 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
Field Asset Tracking System operates one associated brand: Hire Pay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IoT-based solutions for effective asset tracking. | hirepay.in |
Business activity
The main business activity of Field Asset Tracking System is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
Financials of Field Asset Tracking System Private Limited
FY 2025 filings availableField Asset Tracking System Private Limited reported revenue of ₹1.26 Cr (down 48% YoY) for FY 2020.
Revenue · FY 2020
₹1.26 Cr ▼ 48%
Net profit · FY 2020
₹1.06 Lakh margin 0.8%
EBITDA · FY 2020
₹14.23 Lakh margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
EBITDA CAGR growth
1 year
▼ 33%
Revenue fell 48% in the latest year. EBITDA fell 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.26 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹14.23 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.06 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11.3% | ||
| Net Profit Margin | 0.8% | ||
| 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 Field Asset Tracking System Private Limited, buy the company report.
Board of directors of Field Asset Tracking System Private Limited
Field Asset Tracking System has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Mahadeo Burange | Managing Director | 22 Jun 2017 | 9 Years 4 Months | Current |
| Mahadev Vithal Burange Also directs: Burange Mediaworks Private Limited | Director | 22 Jun 2017 | 9 Years 4 Months | Current |
Legal cases
Field Asset Tracking System Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Visolent India Private Limited Through Ravichander Varandarajan | Pending |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Bajaj Finance Limited Acumen Lawyers Firm | Disposed |
To see the full case history of Field Asset Tracking System 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 Field Asset Tracking System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Field Asset Tracking System has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF1339F1ZW | Maharashtra | Active | 10 Jan 2018 |
To see the full GST registrations and return filing status of Field Asset Tracking System Private Limited, buy the company report.
Recent activity
Field Asset Tracking System Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Vivek Shantaram Jadhav ceased to be Director on 13 Jun 2018.
AGM
Field Asset Tracking System Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Field Asset Tracking System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Vivek Shantaram Jadhav ceased to be Director.
Ceased
Satish Mahadeo Burange ceased to be Director.
Appointed
Mahadev Vithal Burange was appointed as Director.
Appointed
Satish Mahadeo Burange was appointed as Managing Director.
Incorporation
22 Jun 2017
Field Asset Tracking System Private Limited was registered on 22 Jun 2017 with Roc Mumbai I & aged 9 years 4 months as per MCA records.
Frequently asked questions
Field Asset Tracking System is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 22 June 2017 (9+ years old) and is registered under CIN U74999MH2017PTC296496.
Field Asset Tracking System has 2 current directors:
- Satish Mahadeo Burange - Managing Director
- Mahadev Vithal Burange - Director
The latest financial statements of Field Asset Tracking System on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Field Asset Tracking System is 27AADCF1339F1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Field Asset Tracking System is U74999MH2017PTC296496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Field Asset Tracking System has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Field Asset Tracking System was incorporated on 22 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Vivek Shantaram Jadhav ceased to be Director on 13 Jun 2018. Satish Mahadeo Burange ceased to be Director on 01 Jul 2017. Mahadev Vithal Burange was appointed as Director on 22 Jun 2017. Field Asset Tracking System has 4 board changes on record in total.
Yes, Field Asset Tracking System is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Field Asset Tracking System is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0041589).