Hages Business Solutions Private Limited

Hages Business Solutions Private Limited - information technology in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
CIN U72200KL2004PTC017430 Incorporated 14 September 2004 ROC Ernakulam HQ Thiruvananthapuram, Kerala, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹4.5 Cr
▲ 23% YoY
Net profit · FY 2019
₹58.22 Lakh
Net margin 12.9%
EBITDA · FY 2019
₹1.11 Cr
EBITDA margin 24.7%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.32 Cr
Satisfied ₹55.99 Lakh
Company age
22 yrs
Est. 2004
Employees · EPFO
1
Provident fund records

About Hages Business Solutions Private Limited

Data last updated:

Hages Business Solutions Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 September 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2004PTC017430. Its GSTIN is 32AABCH9391P1Z0 (Kerala).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Hages B Solutions Private Limited. It is led by directors including Krishnan Rajesh Thampy (Managing Director) and Gopakumar Gopinathan Nair Kizhakkekkara.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Thiruvananthapuram, Kerala.

As per the financials filed for FY 2019, the company reported a revenue of ₹4.5 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹58.22 Lakh (net margin 12.9%) and EBITDA of ₹1.11 Cr (EBITDA margin 24.7%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.32 Cr and satisfied charges of ₹55.99 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hages.co.in.

Company details

CIN U72200KL2004PTC017430
Registration Number 017430
Incorporation Date 14 September 2004
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Hages Business Solutions Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is hages.co.in. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Tc 2 – 2422/5 1st Floor Aditya Building N.H.Bypass Opposite Indian Bank Kazhak, Ottam, Thiruvananthapuram, Kerala, India – 695581
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Hages Business Solutions Private Limited, buy the company report.

Comprehensive company report
Hages Business Solutions 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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Secure checkout · GST invoice included

Business activity

The main business activity of Hages Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Hages Business Solutions Private Limited, buy the company report.

Financials of Hages Business Solutions Private Limited

FY 2019 filings available

Hages Business Solutions Private Limited reported revenue of ₹4.5 Cr (up 23% YoY) for FY 2019.

Revenue · FY 2019
₹4.5 Cr ▲ 23%
Net profit · FY 2019
₹58.22 Lakh margin 12.9%
EBITDA · FY 2019
₹1.11 Cr margin 24.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 82%

Revenue rose 23% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 90% 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹1.11 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹58.22 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin24.7%
Net Profit Margin12.9%
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 Hages Business Solutions Private Limited, buy the company report.

Board of directors of Hages Business Solutions Private Limited

Hages Business Solutions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gopakumar Gopinathan Nair KizhakkekkaraDirector14 Sep 200422 Years 1 MonthsCurrent
Anandakuttan Sukumaran Nair VijayammaAdditional Director18 Feb 20215 Years 8 MonthsCurrent
Krishnan Rajesh ThampyManaging Director25 Aug 200521 Years 2 MonthsCurrent

Peer comparison

Hages Business Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Borm Bruckmeier Infotech India Private Limited₹4.53 Cr (FY 2024)16.0%Pune, Maharashtra, India
Pragmatic Techsoft Private Limited₹4.51 Cr (FY 2025)-6.0%Pune, Maharashtra, India
Hages Business Solutions Private Limitedthis company₹4.5 Cr (FY 2019)₹58.22 Lakh12.9%23.0%1Thiruvananthapuram, Kerala, India
Shinsei Technology (India) Private Limited₹4.5 Cr (FY 2025)90.0%Koothattukulam, Kerala, India
Abacus Consultancy Services (India) Private Limited₹4.5 Cr (FY 2024)-1.0%Indore, Madhya Pradesh, India

To see the full peer comparison of Hages Business Solutions Private Limited, buy the company report.

Auditor

Hages Business Solutions Private Limited is audited by VARMA & VARMA for the financial year 2018.

Auditor firmFinancial yearFirm registration number
VARMA & VARMAFY 2018004532S

Shareholding

The shareholding of Hages Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hages Business Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.32 Cr
Satisfied charges
₹55.99 Lakh
Breakdown by lending institutions
State Bank of Travancore-Rasmeccc₹1.00 Cr
Central Bank of India₹0.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jan 201310407066Central Bank of India₹9.25 LakhOpen
12 Jan 201310407166Central Bank of India₹6.07 LakhOpen
12 Jan 201310407167Central Bank of India₹7.76 LakhOpen
12 Jan 201310407168Central Bank of India₹9.25 LakhOpen
28 Oct 201010255259State Bank of Travancore-Rasmeccc₹1 CrOpen

To see the full charge records of Hages Business Solutions Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

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

Employees & EPFO

Hages Business Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1

GST

Hages Business Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AABCH9391P1Z0KeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Hages Business Solutions Private Limited, buy the company report.

Recent activity

Hages Business Solutions Private Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Anandakuttan Sukumaran Nair Vijayamma was appointed as Additional Director on 18 Feb 2021.

Appointed
Anandakuttan Sukumaran Nair Vijayamma was appointed as Additional Director.
AGM
Hages Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Hages Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ernakulam.
Ceased
Ceased
Gopakumar Gopinathan Nair Kizhakkekkara ceased to be Managing Director.
Ceased
Harishankar Sukumaran Nair ceased to be Director.
Ceased
Krishnan Rajesh Thampy ceased to be Director.
Charges
A charge with Central Bank Of India amounted to Rs. 9.25 Lakh with Charge ID 10407066 was registered on 12 Jan 2013.
Charges
A charge with Central Bank Of India amounted to Rs. 6.07 Lakh with Charge ID 10407166 was registered on 12 Jan 2013.
Charges
A charge with Central Bank Of India amounted to Rs. 7.76 Lakh with Charge ID 10407167 was registered on 12 Jan 2013.
Charges
A charge with Central Bank Of India amounted to Rs. 9.25 Lakh with Charge ID 10407168 was registered on 12 Jan 2013.
Charges
A charge registered on 10 Jul 2006 via Charge ID 10008767 with Canara Bank was fully satisfied on 21 Dec 2010.

9 earlier events are in the company report.

Frequently asked questions

Hages Business Solutions is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 September 2004 (22+ years old) and is registered under CIN U72200KL2004PTC017430.

Hages Business Solutions has 3 current directors:

The latest financial statements of Hages Business Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

The GSTIN of Hages Business Solutions is 32AABCH9391P1Z0, registered in Kerala.

The CIN (Corporate Identification Number) of Hages Business Solutions is U72200KL2004PTC017430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hages Business Solutions has 1 court case on record: 1 filed by the company.

Hages Business Solutions was incorporated on 14 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Hages Business Solutions by revenue are Borm Bruckmeier Infotech India Private Limited, Pragmatic Techsoft Private Limited, Shinsei Technology (India) Private Limited, Abacus Consultancy Services (India) Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Anandakuttan Sukumaran Nair Vijayamma was appointed as Additional Director on 18 Feb 2021. Anandakuttan Sukumaran Nair Vijayamma ceased to be Director on 15 Mar 2018. Gopakumar Gopinathan Nair Kizhakkekkara ceased to be Managing Director on 15 Mar 2018. Hages Business Solutions has 8 board changes on record in total.

Hages Business Solutions can be reached through the website hages.co.in. Its registered office is in Thiruvananthapuram, Kerala, India.

The registered office of Hages Business Solutions is at Tc 2 – 24225 1st Floor Aditya Building N.H.Bypass Opposite Indian Bank Kazhak, Ottam, Thiruvananthapuram, Kerala, India – 695581.