About Hbi Trade Services Private Limited
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Hbi Trade Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hb International Sa. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 20 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1997PTC108919. Its GSTIN is 27AAACH2640E1Z1 (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Gargi Pradip Desai (Whole-Time Director) and Pierre Georges Pitaud.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.94 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹51.02 Lakh (net margin 26.3%) and EBITDA of ₹69.09 Lakh (EBITDA margin 35.6%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹1.69 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hbint.com.
Company details
Contact details
Hbi Trade Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is hbint.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5th Floor Square One 13 Gulmohar Road #1 Jvpd Scheme Vile Par, Le (West), Mumbai, Maharashtra, India – 400049
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Hbi Trade Services 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
Business activity
The main business activity of Hbi Trade Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hbi Trade Services Private Limited, buy the company report.
Financials of Hbi Trade Services Private Limited
FY 2025 filings availableHbi Trade Services Private Limited reported revenue of ₹1.94 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 19% growth in the latest year. EBITDA rose 23% 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 | ₹69.09 Lakh | ||||
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| Net Profit (PAT) | ₹51.02 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 | 35.6% | ||||
| Net Profit Margin | 26.3% | ||||
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To see the full financial statements and ratios of Hbi Trade Services Private Limited, buy the company report.
Board of directors of Hbi Trade Services Private Limited
Hbi Trade Services has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pierre Georges Pitaud | Director | 11 Sep 2003 | 23 Years 1 Months | Current |
| Vinay Kumar Mallavarapu | Director | 13 May 2019 | 7 Years 5 Months | Current |
| Pradip Yeshvantrai Desai | Director | 20 Jun 1997 | 29 Years 4 Months | Current |
| Ravi Pradip Desai | Alternate Director | 22 Jul 2010 | 16 Years 3 Months | Current |
| Gargi Pradip Desai | Whole-Time Director | 20 Jun 1997 | 29 Years 4 Months | Current |
| Jonathan Drinkwater Heming | Director | 31 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Hbi Trade Services Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panache Dealtrade Private Limited | ₹1.95 Cr (FY 2025) | -65.0% | Murshidabad, West Bengal, India | |||
| Rystar Trading Private Limited | ₹1.94 Cr (FY 2019) | Gandhinagar, Gujarat, India | ||||
| Hbi Trade Services Private Limitedthis company | ₹1.94 Cr (FY 2025) | ₹51.02 Lakh | 26.3% | 19.0% | Mumbai, Maharashtra, India | |
| Bhatigal Kachchh Producer Company Limited | ₹1.94 Cr (FY 2024) | 117.0% | Mundra, Gujarat, India | |||
| Panthi Farmers Producer Company Limited | ₹1.94 Cr (FY 2024) | 134.0% | Mundra, Gujarat, India | |||
| Aradhana Properties Pvt Ltd | ₹1.94 Cr (FY 2021) | -75.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Hbi Trade Services Private Limited, buy the company report.
Auditor
Hbi Trade Services Private Limited is audited by M M & CO LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M & CO LLP | FY 2020 | 128594W |
Shareholding
The shareholding of Hbi Trade Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hbi Trade Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2001 | 90146193 | Citi Corp Maruti Finance Limited | ₹1.69 Lakh | Satisfied |
To see the full charge records of Hbi Trade Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Hbi Trade Services 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 Hbi Trade Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hbi Trade Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH2640E1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hbi Trade Services Private Limited, buy the company report.
Recent activity
Hbi Trade Services Private Limited has 14 board changes on record since 1997: 6 appointments and 8 cessations. The latest: Vinay Kumar Mallavarapu ceased to be Additional Director on 12 Sep 2019.
7 earlier events are in the company report.
Frequently asked questions
Hbi Trade Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 20 June 1997 (29+ years old) and is registered under CIN U51100MH1997PTC108919.
Hbi Trade Services has 6 current directors:
- Gargi Pradip Desai - Whole-Time Director
- Pierre Georges Pitaud - Director
- Vinay Kumar Mallavarapu - Director
- Pradip Yeshvantrai Desai - Director
- Ravi Pradip Desai - Alternate Director
- Jonathan Drinkwater Heming - Director
The latest financial statements of Hbi Trade Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hbi Trade Services is 27AAACH2640E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hbi Trade Services is U51100MH1997PTC108919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hbi Trade Services was incorporated on 20 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hbi Trade Services by revenue are Panache Dealtrade Private Limited, Rystar Trading Private Limited, Bhatigal Kachchh Producer Company Limited, Panthi Farmers Producer Company Limited, Aradhana Properties Pvt Ltd, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Vinay Kumar Mallavarapu ceased to be Additional Director on 12 Sep 2019. Vinay Kumar Mallavarapu was appointed as Director on 13 May 2019. Shrikant Bhaskar More ceased to be Managing Director on 31 Oct 2014. Hbi Trade Services has 14 board changes on record in total.
Hbi Trade Services can be reached through the website hbint.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hbi Trade Services is at 5th Floor Square One 13 Gulmohar Road #1 Jvpd Scheme Vile Par, Le West, Mumbai, Maharashtra, India – 400049.
Hbi Trade Services operates in the agriculture industry, in the agro retail and distribution segment.
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