About Hastwell Technologies India Private Limited
Data last updated:
Hastwell Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 27 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2020PTC132000. Its GSTIN is 29AAFCH1950E1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gnanasundaram Kumar Harish and Mohammed Ghouse.
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 No 36 K No – 139 Unity Enclave Behind Mantri Splendor Apartment Geddalahalli, Bangalore, Karnataka, India – 560077.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.64 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹92,012 (net margin -3.3%) and EBITDA of -₹66,352 (EBITDA margin -2.4%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.
For more details, the company can be reached via its website hastwell.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 36 K No – 139 Unity Enclave Behind Mantri Splendor Apartment Geddalahalli, Bangalore, Karnataka, India – 560077
- IndustryInformation Technology, Software Development & Support Services, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Hastwell Technologies India Private Limited
The main business activity of Hastwell Technologies India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hastwell Technologies India Private Limited FY 2025 filings available
Hastwell Technologies India Private Limited reported revenue of ₹27.64 Lakh (down 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hastwell Technologies India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 62% over three years, including a 77% fall in the latest year. EBITDA rose 59% 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 of Hastwell Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹66,352 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹92,012 | •••• | •••• | •••• | •••• |
| 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 of Hastwell Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hastwell Technologies India are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Hastwell Technologies India Private Limited
Hastwell Technologies India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution, Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pagaria Computers Pvt Ltd | ₹27.77 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Kolkata, West Bengal, India |
| Influence Technolabs Private Limited | ₹27.73 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Pitampura, Delhi, India |
| Janhvee Computers Private Limited | ₹27.73 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Delhi, India |
| Anlyz Cybersecure Private Limited | ₹27.72 Lakh (FY 2024) | •••• | •••• | -97.0% | •••• | Bangalore, Karnataka, India |
| Asa Software Services Private Limited | ₹27.68 Lakh (FY 2017) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Hastwell Technologies India Private Limited this company | ₹27.64 Lakh (FY 2024) | •••• | •••• | -77.0% | •••• | Bangalore, Karnataka, India |
| Sastorm Software Infotech Private Limited | ₹27.59 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Wildbeez Creative Services Private Limited | ₹27.55 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Sky Innovation Tech Labs Private Limited | ₹27.55 Lakh (FY 2023) | •••• | •••• | -61.0% | •••• | New Delhi, Delhi, India |
| Flourish Electronics Private Limited | ₹27.54 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Vekon Technologies India Private Limited | ₹27.53 Lakh (FY 2023) | •••• | •••• | -88.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hastwell Technologies India by revenue in the Information Technology industry (IT Products Retail and Distribution, Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Hastwell Technologies India Private Limited
Hastwell Technologies India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gnanasundaram Kumar Harish | Director | 27 Jan 2020 | 6 Years 8 Months | Current |
| Mohammed Ghouse | Director | 27 Jan 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Hastwell Technologies India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hastwell Technologies India Private Limited
Hastwell Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hastwell Technologies India Private Limited
Employment history and EPFO contributions of people linked to Hastwell Technologies India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hastwell Technologies India Private Limited
Hastwell Technologies India Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Gnanasundaram Kumar Harish was appointed as Director on 27 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Hastwell Technologies India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hastwell Technologies India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hastwell Technologies India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hastwell Technologies India Private Limited
Hastwell Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH1950E1ZP | Karnataka | Active | 31 Jan 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hastwell Technologies India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hastwell Technologies India Private Limited
Hastwell Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 27 January 2020 (6+ years old) and is registered under CIN U51909KA2020PTC132000.
Hastwell Technologies India reported revenue of ₹27.64 Lakh for FY 2024 (down 77% YoY).
Hastwell Technologies India has 2 current directors:
- Gnanasundaram Kumar Harish - Director
- Mohammed Ghouse - Director
Hastwell Technologies India reported a net loss of ₹92,012 (net margin -3.3%) and EBITDA of -₹66,352 (EBITDA margin -2.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hastwell Technologies India is -62% over three years. In the latest year (FY 2024) revenue fell 77%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hastwell Technologies India is 29AAFCH1950E1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Hastwell Technologies India is U51909KA2020PTC132000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hastwell Technologies India was incorporated on 27 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hastwell Technologies India by revenue are Pagaria Computers Pvt Ltd, Influence Technolabs Private Limited, Janhvee Computers Private Limited, Anlyz Cybersecure Private Limited, Asa Software Services Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution, Software Services).
Gnanasundaram Kumar Harish was appointed as Director on 27 Jan 2020. Mohammed Ghouse was appointed as Director on 27 Jan 2020.
Hastwell Technologies India can be reached through the website hastwell.co.in. Its registered office is in Bangalore, Karnataka, India.