DPIIT recognised startup Government of India
Startup India
Hash Rate Communications Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹7.74 Cr
▲ 108% YoY
Net profit · FY 2026
₹54.02 Lakh
Net margin 7%
EBITDA · FY 2026
₹54.99 Lakh
EBITDA margin 7.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Hash Rate Communications Private Limited
Data last updated:
Hash Rate Communications Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC339085. Its GSTIN is 27AAFCH2493G1ZH (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sujay Sathya Jagadish Pabbathi and Bonthala Subbaiah Setty Ramesh Babu.
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 River Scape D – 1501 Casa Rio Kalyan Shil Road, Mumbai, Maharashtra, India – 421204.
As per the financials filed for FY 2026, the company reported a revenue of ₹7.74 Cr, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹54.02 Lakh (net margin 7%) and EBITDA of ₹54.99 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 59% over five years.
Hash Rate Communications Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0009917). For more details, the company can be reached via its website hashrate.in.
Company details
CIN U74999MH2020PTC339085
Registration Number 339085
Incorporation Date 20 March 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0009917
Key People
Sujay Sathya Jagadish Pabbathi Director Bonthala Subbaiah Setty Ramesh Babu Director Rasik Hirji Haria Director Recognitions & Rankings of Hash Rate Communications
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-33-0009917
Contact details
Hash Rate Communications Private Limited's registered office is in Mumbai, Maharashtra. Its website is hashrate.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRiver Scape D – 1501 Casa Rio Kalyan Shil Road, Mumbai, Maharashtra, India – 421204
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Hash Rate Communications Private Limited, buy the company report.
Comprehensive company report
Hash Rate Communications 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Hash Rate Communications is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Hash Rate Communications Private Limited, buy the company report.
Financials of Hash Rate Communications Private Limited
FY 2023 filings availableHash Rate Communications Private Limited reported revenue of ₹7.74 Cr (up 108% YoY) for FY 2026.
Revenue · FY 2026
₹7.74 Cr ▲ 108%
Net profit · FY 2026
₹54.02 Lakh margin 7%
EBITDA · FY 2026
₹54.99 Lakh margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 108%
3 years · compounded
▲ 45%
5 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▲ 151%
3 years · compounded
▲ 30%
5 years · compounded
▲ 134%
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 108% growth in the latest year. EBITDA rose 151% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹54.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.02 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 7% | ||||
| 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 Hash Rate Communications Private Limited, buy the company report.
Board of directors of Hash Rate Communications Private Limited
Hash Rate Communications has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujay Sathya Jagadish Pabbathi | Director | 20 Mar 2020 | 6 Years 7 Months | Current |
| Bonthala Subbaiah Setty Ramesh Babu Also directs: Srinivasa Gayithri Resource Recovery Limited | Director | 25 Mar 2020 | 6 Years 7 Months | Current |
| Rasik Hirji Haria Also directs: Aparaa Industries Private Limited, Sparsh Bio-Tech Private Limited, Trentium Lifesciences Private Limited and 1 more | Director | 07 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Hash Rate Communications Private Limited is audited by RCA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RCA & ASSOCIATES | FY 2023 | 029161N |
Shareholding
The shareholding of Hash Rate Communications Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hash Rate Communications Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hash Rate Communications 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 Hash Rate Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hash Rate Communications Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
Hash Rate Communications has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH2493G1ZH | Maharashtra | Active | 05 Sep 2020 |
To see the full GST registrations and return filing status of Hash Rate Communications Private Limited, buy the company report.
Recent activity
Hash Rate Communications Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Sanjeev Harvanshalal Sharma ceased to be Director on 30 Nov 2023.
Ceased
Sanjeev Harvanshalal Sharma ceased to be Director.
AGM
Hash Rate Communications Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Hash Rate Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Rasik Hirji Haria was appointed as Director.
Appointed
Bonthala Subbaiah Setty Ramesh Babu was appointed as Director.
Appointed
Sanjeev Harvanshalal Sharma was appointed as Director.
Appointed
Sujay Sathya Jagadish Pabbathi was appointed as Director.
Incorporation
20 Mar 2020
Hash Rate Communications Private Limited was registered on 20 Mar 2020 with Roc Mumbai & aged 6 years 7 months as per MCA records.
Frequently asked questions
Hash Rate Communications is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 March 2020 (6+ years old) and is registered under CIN U74999MH2020PTC339085.
Hash Rate Communications has 3 current directors:
- Sujay Sathya Jagadish Pabbathi - Director
- Bonthala Subbaiah Setty Ramesh Babu - Director
- Rasik Hirji Haria - Director
The latest financial statements of Hash Rate Communications 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 FY 2020 are in the company report.
The GSTIN of Hash Rate Communications is 27AAFCH2493G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hash Rate Communications is U74999MH2020PTC339085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hash Rate Communications was incorporated on 20 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjeev Harvanshalal Sharma ceased to be Director on 30 Nov 2023. Rasik Hirji Haria was appointed as Director on 07 Jun 2021. Bonthala Subbaiah Setty Ramesh Babu was appointed as Director on 25 Mar 2020. Hash Rate Communications has 5 board changes on record in total.
Yes, Hash Rate Communications is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Hash Rate Communications is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0009917).
Hash Rate Communications can be reached through the website hashrate.in. Its registered office is in Mumbai, Maharashtra, India.