About H. D. System Sales Private Limited
Data last updated:
H. D. System Sales Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 27 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2008PTC045784. Its GSTIN is 29AACCH0654G1ZP (Karnataka).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Firdous Sulaiman and Nerisa Aslam Dada.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at G2 Greenfield Apartment N0.3 Rhenius Street Richmond Town, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2023, the company reported a revenue of ₹89.8 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹8.19 Lakh (net margin -0.1%) and EBITDA of ₹2.62 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹11.95 Cr and satisfied charges of ₹20.5 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globalaccess.co.in.
Company details
Contact details
H. D. System Sales Private Limited's registered office is in Bangalore, Karnataka. Its website is globalaccess.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG2 Greenfield Apartment N0.3 Rhenius Street Richmond Town, Bangalore, Karnataka, India – 560025
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of H. D. System Sales 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
Business activity
The main business activity of H. D. System Sales is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of H. D. System Sales Private Limited, buy the company report.
Financials of H. D. System Sales Private Limited
FY 2023 filings availableH. D. System Sales Private Limited reported revenue of ₹89.8 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 3% growth in the latest year. EBITDA rose 51% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹89.8 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.19 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of H. D. System Sales Private Limited, buy the company report.
Board of directors of H. D. System Sales Private Limited
H. D. System Sales has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Firdous Sulaiman | Director | 12 Jan 2019 | 7 Years 9 Months | Current |
| Nerisa Aslam Dada | Director | 12 Jan 2019 | 7 Years 9 Months | Current |
| Taslim Bilal | Director | 12 Jan 2019 | 7 Years 9 Months | Current |
| Yasmeen Iqbal | Director | 12 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
H. D. System Sales Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aerr Communications Marketing Private Limited | ₹91.81 Cr (FY 2025) | 7.0% | Surat, Gujarat, India | |||
| Magic Mike Enterprises Private Limited | ₹91.16 Cr (FY 2024) | -9.0% | New Delhi, Delhi, India | |||
| M.Poddar & Co.Private Limited | ₹90.33 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Yibeal Tradex Private Limited | ₹90.25 Cr (FY 2022) | 299.0% | Kolkata, West Bengal, India | |||
| H. D. System Sales Private Limitedthis company | ₹89.8 Cr (FY 2023) | -₹8.19 Lakh | -0.1% | 3.0% | Bangalore, Karnataka, India | |
| Krishna Krishna Telemart Private Limited | ₹89.69 Cr (FY 2024) | 8.0% | Karnal, Haryana, India | |||
| SHS Merchants Private Limited | ₹89.48 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India |
To see the full peer comparison of H. D. System Sales Private Limited, buy the company report.
Auditor
H. D. System Sales Private Limited is audited by GOPINATH R & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPINATH R & CO | FY 2023 | 018277S |
Shareholding
The shareholding of H. D. System Sales 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 H. D. System Sales Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2022 | 100595198 | Others | ₹3.95 Cr | Open | |
| 05 Aug 2016 | 100055902 | Others | ₹8 Cr | Open | |
| 23 Sep 2014 | 10544956 | Indusind Bank Ltd. | ₹10 Cr | Satisfied | |
| 03 Nov 2012 | 10389969 | Central Bank of India | ₹9.5 Cr | Satisfied | |
| 23 Mar 2011 | 10283863 | Indian Overseas Bank | ₹1 Cr | Satisfied |
To see the full charge records of H. D. System Sales Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
H. D. System Sales Private Limited has 8 court cases on record: 4 filed by H. D. System Sales, 4 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Deutsche Bank Ag | Disposed |
| High Court, KARNATAKA | Court case (CRL.RP) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of H. D. System Sales 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.
Credit ratings & regulatory alerts
H. D. System Sales Private Limited was last rated by Crisil on 14 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Dec 2020 |
To see the full credit ratings and regulatory alerts of H. D. System Sales Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for H. D. System Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
H. D. System Sales Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
H. D. System Sales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH0654G1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of H. D. System Sales Private Limited, buy the company report.
Recent activity
H. D. System Sales Private Limited has 12 board changes on record since 2008: 8 appointments and 4 cessations. The latest: Bilal Habib ceased to be Director on 01 Jun 2019.
13 earlier events are in the company report.
Frequently asked questions
H. D. System Sales is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 27 March 2008 (18+ years old) and is registered under CIN U74900KA2008PTC045784.
H. D. System Sales has 4 current directors:
- Firdous Sulaiman - Director
- Nerisa Aslam Dada - Director
- Taslim Bilal - Director
- Yasmeen Iqbal - Director
The latest financial statements of H. D. System Sales on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of H. D. System Sales is 29AACCH0654G1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of H. D. System Sales is U74900KA2008PTC045784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H. D. System Sales has 8 court cases on record: 4 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
H. D. System Sales was incorporated on 27 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of H. D. System Sales by revenue are Aerr Communications Marketing Private Limited, Magic Mike Enterprises Private Limited, M.Poddar & Co.Private Limited, Yibeal Tradex Private Limited, Krishna Krishna Telemart Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Bilal Habib ceased to be Director on 01 Jun 2019. Haji Sulaiman ceased to be Director on 01 Jun 2019. Khader Basha ceased to be Director on 14 Jan 2019. H. D. System Sales has 12 board changes on record in total.
H. D. System Sales can be reached through the website globalaccess.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of H. D. System Sales is at G2 Greenfield Apartment N0.3 Rhenius Street Richmond Town, Bangalore, Karnataka, India – 560025.
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