
About Halliburton Development Center India LLP
Data last updated:
Halliburton Development Center India LLP is a limited liability partnership (LLP) based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 April 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Pune, under LLPIN AAM-5128. Its GSTIN is 29AALFH3515J1Z5 (Karnataka). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹1.3 Cr. It is led by designated partners Jagdish Kirankumar Panchal and Bhavesh Karsan Ravariya.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹147.44 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹20 Cr (net margin 13.6%) and EBITDA of ₹21.92 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 128% over three years.
The LLP has about 434 employees on its provident fund (EPFO) records.
For more details, the LLP can be reached via its website halliburton.com.
Company details
Contact details
Halliburton Development Center India LLP's registered office is in Pune, Maharashtra. Its website is halliburton.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSai Radhe Plot 100 101, Kennedy Road Suite 400, Pune, Maharashtra, India – 411006
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Halliburton Development Center India LLP, 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
Financials of Halliburton Development Center India LLP
FY 2025 filings availableHalliburton Development Center India LLP reported revenue of ₹147.44 Cr (up 30% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 128% over three years, including 30% growth in the latest year. EBITDA rose 26% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹147.44 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹20 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 13.6% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Halliburton Development Center India LLP, buy the company report.
Designated partners of Halliburton Development Center India LLP
Halliburton Development Center India has 2 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Kirankumar Panchal Also directs: Halliburton India Operations Private Limited | Designated Partner | 14 Aug 2020 | 6 Years 2 Months | Current |
| Bhavesh Karsan Ravariya Also directs: Halliburton India Operations Private Limited | Designated Partner | 22 Sep 2025 | 1 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Halliburton Development Center India LLP 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 Halliburton Development Center India LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Halliburton Development Center India LLP has a workforce of 434 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Halliburton Development Center India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALFH3515J1Z5 | Karnataka | Active | 12 Jun 2019 |
| 27AALFH3515J1Z9 | Maharashtra | Active | 05 Feb 2020 |
To see the full GST registrations and return filing status of Halliburton Development Center India LLP, buy the company report.
Recent activity
Halliburton Development Center India LLP has 6 designated partner changes on record since 2019: 3 appointments and 3 cessations. The latest: Bhavesh Karsan Ravariya was appointed as Designated Partner on 22 Sep 2025.
News
Frequently asked questions
Halliburton Development Center India is an active limited liability partnership based in Pune, Maharashtra, India. The LLP works in application development and software solutions, within the information technology industry. It was incorporated on 27 April 2018 (8+ years old) and is registered under LLPIN AAM-5128.
Halliburton Development Center India has 2 current designated partners:
- Jagdish Kirankumar Panchal - Designated Partner
- Bhavesh Karsan Ravariya - Designated Partner
The latest financial statements of Halliburton Development Center India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Halliburton Development Center India is 29AALFH3515J1Z5, registered in Karnataka. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AALFH3515J1Z9 (Maharashtra).
The LLPIN (Limited Liability Partnership Identification Number) of Halliburton Development Center India is AAM-5128. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Halliburton Development Center India was incorporated on 27 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Bhavesh Karsan Ravariya was appointed as Designated Partner on 22 Sep 2025. Nishad Sunil Patil was appointed as Designated Partner on 07 Jun 2024. Usman Mohamad Gous Shaikh ceased to be Designated Partner on 06 Jun 2024. Halliburton Development Center India has 6 designated partner changes on record in total.
Halliburton Development Center India can be reached through the website halliburton.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Halliburton Development Center India is at Sai Radhe Plot 100 101, Kennedy Road Suite 400, Pune, Maharashtra, India – 411006.
Halliburton Development Center India operates in the information technology industry, in the application development and software solutions segment.