MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0040737
H Plus A Furnitech Systems Private Limited
H Plus A Furnitech Systems Private Limited - consumer electronics & durables in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.52 Cr
▲ 36% YoY
Net profit · FY 2024
₹11.47 Lakh
Net margin 4.6%
EBITDA · FY 2024
₹18.7 Lakh
EBITDA margin 7.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹58 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
8
Provident fund records
About H Plus A Furnitech Systems Private Limited
Data last updated:
H Plus A Furnitech Systems Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2012PTC238072. Its GSTIN is 27AADCH0611C1ZB (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashank Madhudar Gawade and Deepali Ashank Gawade.
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 Plot No. W – 284 A Ttc Industrial Area, MIDC Road Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.52 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹11.47 Lakh (net margin 4.6%) and EBITDA of ₹18.7 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 5% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹58 Lakh on record.
H Plus A Furnitech Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0040737). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36912MH2012PTC238072
Registration Number 238072
Incorporation Date 20 November 2012
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
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0040737
Recognitions & Rankings of H Plus A Furnitech Systems
Contact details
H Plus A Furnitech Systems Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. W – 284 A Ttc Industrial Area, MIDC Road Navi Mumbai, Maharashtra, India – 400701
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of H Plus A Furnitech Systems Private Limited, buy the company report.
Comprehensive company report
H Plus A Furnitech Systems 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 H Plus A Furnitech Systems is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of H Plus A Furnitech Systems Private Limited, buy the company report.
Financials of H Plus A Furnitech Systems Private Limited
FY 2025 filings availableH Plus A Furnitech Systems Private Limited reported revenue of ₹2.52 Cr (up 36% YoY) for FY 2024.
Revenue · FY 2024
₹2.52 Cr ▲ 36%
Net profit · FY 2024
₹11.47 Lakh margin 4.6%
EBITDA · FY 2024
₹18.7 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 36%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▲ 89%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 36% growth in the latest year. EBITDA rose 115% 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 |
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| Total Expenses | |||||
| EBITDA | ₹18.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.47 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of H Plus A Furnitech Systems Private Limited, buy the company report.
Board of directors of H Plus A Furnitech Systems Private Limited
H Plus A Furnitech Systems 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 |
|---|---|---|---|---|
| Ashank Madhudar Gawade Also directs: Ada Furniture LLP | Director | 20 Nov 2012 | 13 Years 11 Months | Current |
| Deepali Ashank Gawade Also directs: Ada Furniture LLP | Director | 29 Apr 2023 | 3 Years 6 Months | Current |
Auditor
H Plus A Furnitech Systems Private Limited is audited by GALA PRATIK & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GALA PRATIK & CO | FY 2020 | 137211W |
Shareholding
The shareholding of H Plus A Furnitech Systems Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of H Plus A Furnitech Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹58 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2025 | 101176448 | Idbi Bank Limited | ₹25 Lakh | Open | |
| 30 Jan 2018 | 100182567 | Yes Bank Limited | ₹33 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving H Plus A Furnitech Systems 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 H Plus A Furnitech Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
H Plus A Furnitech Systems Private Limited has a workforce of 8 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
GST
H Plus A Furnitech Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH0611C1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of H Plus A Furnitech Systems Private Limited, buy the company report.
Recent activity
H Plus A Furnitech Systems Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Deepali Ashank Gawade was appointed as Director on 29 Apr 2023.
Charges
A charge with Idbi Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 101176448 was registered on 06 Oct 2025.
AGM
H Plus A Furnitech Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
H Plus A Furnitech Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Deepali Ashank Gawade was appointed as Director.
Ceased
Amita Hitesh Shah ceased to be Additional Director.
Ceased
Hitesh Dhiraj Shah ceased to be Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 33.00 Lakh with Charge ID 100182567 was registered on 30 Jan 2018.
Appointed
Ashank Madhudar Gawade was appointed as Director.
Incorporation
20 Nov 2012
H Plus A Furnitech Systems Private Limited was registered on 20 Nov 2012 with Roc Mumbai Ii & aged 13 years 11 months as per MCA records.
Frequently asked questions
H Plus A Furnitech Systems is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 November 2012 (14+ years old) and is registered under CIN U36912MH2012PTC238072.
H Plus A Furnitech Systems has 2 current directors:
- Ashank Madhudar Gawade - Director
- Deepali Ashank Gawade - Director
The latest financial statements of H Plus A Furnitech Systems 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 2015 are in the company report.
The GSTIN of H Plus A Furnitech Systems is 27AADCH0611C1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of H Plus A Furnitech Systems is U36912MH2012PTC238072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H Plus A Furnitech Systems was incorporated on 20 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepali Ashank Gawade was appointed as Director on 29 Apr 2023. Amita Hitesh Shah ceased to be Additional Director on 30 Sep 2022. Hitesh Dhiraj Shah ceased to be Director on 12 Feb 2022. H Plus A Furnitech Systems has 4 board changes on record in total.
Yes, H Plus A Furnitech Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0040737).
The registered office of H Plus A Furnitech Systems is at Plot No. W – 284 A Ttc Industrial Area, MIDC Road Navi Mumbai, Maharashtra, India – 400701.
H Plus A Furnitech Systems operates in the consumer electronics and durables industry, in the furniture manufacturing segment.
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