About Hcentive Technology India Private Limited
Data last updated:
Hcentive Technology India Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Hcentive, Inc.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 November 2009.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74140TG2009PTC158508. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Jason Wayne Drefahl and Joseph Michael Smith.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 204 Ashoka Capitol Road No.2 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2021, the company reported a revenue of ₹73.24 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹8.17 Cr (net margin 11.2%) and EBITDA of ₹10.39 Cr (EBITDA margin 14.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company had about 215 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: hCentive.
The last known website on record is hcentive.com.
Company details
CIN history
Hcentive Technology India has one previous CIN (Corporate Identification Number): U74140DL2009PTC195869. The current CIN is U74140TG2009PTC158508, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140TG2009PTC158508 | Current |
| U74140DL2009PTC195869 | Previous |
Contact details
Hcentive Technology India Private Limited's registered office is in Hyderabad, Telangana. Its website is hcentive.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address204 Ashoka Capitol Road No.2 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Hcentive Technology 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
Hcentive Technology India operates one associated brand: hCentive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of health insurance exchange solutions for individual, employees and providers | hcentive.com |
Financials of Hcentive Technology India Private Limited
FY 2021 filings availableHcentive Technology India Private Limited reported revenue of ₹73.24 Cr (up 18% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 138% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹73.24 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.17 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 11.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Hcentive Technology India Private Limited, buy the company report.
Board of directors of Hcentive Technology India Private Limited
Hcentive Technology India has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jason Wayne Drefahl | Director | 29 Sep 2020 | 6 Years 0 Months | As last reported |
| Joseph Michael Smith | Director | 07 Dec 2020 | 5 Years 10 Months | As last reported |
| Akhilesh Sharma | Director | 25 Feb 2019 | 7 Years 8 Months | As last reported |
| Virendra Singh Yadav | Director | 27 Sep 2021 | 5 Years 0 Months | As last reported |
Auditor
Hcentive Technology India Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2021 | 001076N/N500013 |
Shareholding
The shareholding of Hcentive Technology India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hcentive Technology India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hcentive Technology 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
Hcentive Technology India Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 4 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Inspirria Cloudtech Private Limited | |||
| an individual supplier | |||
| Techprimo Solutions Private Limited |
To see the full MSME payment records of Hcentive Technology India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hcentive Technology India Private Limited has a workforce of 215 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Hcentive Technology India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hcentive Technology India Private Limited, buy the company report.
Recent activity
Hcentive Technology India Private Limited has 18 board changes on record since 2010: 4 appointments and 14 cessations. The latest: Joseph Michael Smith ceased to be Additional Director on 30 Sep 2021.
9 earlier events are in the company report.
Frequently asked questions
Hcentive Technology India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hcentive Technology India was a private limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 09 November 2009 and is registered under CIN U74140TG2009PTC158508. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hcentive Technology India was incorporated on 09 November 2009. It is registered with the Registrar of Companies, Hyderabad.
Hcentive Technology India had 4 directors:
- Jason Wayne Drefahl - Director
- Joseph Michael Smith - Director
- Akhilesh Sharma - Director
- Virendra Singh Yadav - Director
The CIN (Corporate Identification Number) of Hcentive Technology India is U74140TG2009PTC158508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hcentive Technology India is at 204 Ashoka Capitol Road No.2 Banjara Hills, Hyderabad, Telangana, India – 500034.
Hcentive Technology India can be reached through the website hcentive.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Hcentive Technology India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
No. Hcentive Technology India has 2 GST registrations on record and all of them are cancelled or inactive.
Hcentive Technology India operated in the information technology industry, in the application development and software solutions segment.
Hcentive Technology India has 2 MSME Form 1 returns on record between 2020 and 2021, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 13 May 2021.