About Hagiwara Electronics India Private Limited
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Hagiwara Electronics India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Hagiwara Electronics Co., Ltd.. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31100KA2019FTC130064. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Masanao Kawamoto and Naoki Yoshimi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.78 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹41.46 Lakh (net margin 6.1%) and EBITDA of ₹69.15 Lakh (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 144% over five years.
The company is associated with 1 brand: Hagiwara Electric.
For more details, the company can be reached via its website hagiwara.co.jp.
Company details
Contact details
Hagiwara Electronics India Private Limited's registered office is in Bangalore, Karnataka. Its website is hagiwara.co.jp. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Gopalan Signature Tower, No.6 Old Madras Road, Bangalore, Karnataka, India – 560093
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Hagiwara Electronics India 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
Hagiwara Electronics India operates one associated brand: Hagiwara Electric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology trading and consulting services are provided internationally. | hagiwara.co.jp |
Business activity
The main business activity of Hagiwara Electronics India 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 |
To see the full business activity and turnover split of Hagiwara Electronics India Private Limited, buy the company report.
Financials of Hagiwara Electronics India Private Limited
FY 2024 filings availableHagiwara Electronics India Private Limited reported revenue of ₹6.78 Cr (up 110% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 144% over five years, including 110% growth in the latest year. EBITDA rose 99% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹69.15 Lakh | ||||
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| Net Profit (PAT) | ₹41.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 6.1% | ||||
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To see the full financial statements and ratios of Hagiwara Electronics India Private Limited, buy the company report.
Board of directors of Hagiwara Electronics India Private Limited
Hagiwara Electronics India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Masanao Kawamoto | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
| Naoki Yoshimi | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Vijay Ganesh | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Iwao Yashima | Additional Director | 06 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Hagiwara Electronics India Private Limited is audited by K. Ravi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. Ravi & Associates | FY 2023 | 011555S |
Shareholding
The shareholding of Hagiwara Electronics India Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hagiwara Electronics India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hagiwara Electronics India 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 Hagiwara Electronics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hagiwara Electronics India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hagiwara Electronics India Private Limited, buy the company report.
Recent activity
Hagiwara Electronics India Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Iwao Yashima was appointed as Additional Director on 06 Jan 2025.
News
Frequently asked questions
Hagiwara Electronics India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 November 2019 (7+ years old) and is registered under CIN U31100KA2019FTC130064.
Hagiwara Electronics India has 4 current directors:
- Masanao Kawamoto - Director
- Naoki Yoshimi - Director
- Vijay Ganesh - Director
- Iwao Yashima - Additional Director
The latest financial statements of Hagiwara Electronics India 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 FY 2020 are in the company report.
No. Hagiwara Electronics India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hagiwara Electronics India is U31100KA2019FTC130064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hagiwara Electronics India was incorporated on 26 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Iwao Yashima was appointed as Additional Director on 06 Jan 2025. Masanao Kawamoto ceased to be Additional Director on 30 Nov 2021. Masanao Kawamoto was appointed as Director on 20 Jul 2021. Hagiwara Electronics India has 6 board changes on record in total.
Hagiwara Electronics India can be reached through the website hagiwara.co.jp. Its registered office is in Bangalore, Karnataka, India.
The registered office of Hagiwara Electronics India is at 3rd Floor Gopalan Signature Tower, No.6 Old Madras Road, Bangalore, Karnataka, India – 560093.
Hagiwara Electronics India operates in the business outsourcing industry, in the business and IT consulting segment.
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