About Heco Panelling Systems Private Limited
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Heco Panelling Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26999KA2009PTC049117. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sajeevan Nikarthil Thankappan and Roy Moolayil Sebastian.
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. 153 (Old No. 43/35) 1st Floor Promanade Road 2nd Cross Frazer Town, Bangalore, Karnataka, India – 560005.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.3 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹21.76 Lakh and EBITDA of -₹12.33 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 33% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hecopanel.com.
Company details
Contact details
Heco Panelling Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is hecopanel.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo. 153 (Old No. 43/35) 1st Floor Promanade Road 2nd Cross Frazer Town, Bangalore, Karnataka, India – 560005
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Heco Panelling Systems 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
Financials of Heco Panelling Systems Private Limited
FY 2025 filings availableHeco Panelling Systems Private Limited reported revenue of ₹1.3 Lakh (down 42% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 42% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.3 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.76 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
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To see the full financial statements and ratios of Heco Panelling Systems Private Limited, buy the company report.
Board of directors of Heco Panelling Systems Private Limited
Heco Panelling Systems has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajeevan Nikarthil Thankappan Also directs: City Projects & Entertainment Private Limited | Director | 10 Jul 2014 | 12 Years 3 Months | Current |
| Roy Moolayil Sebastian Also directs: City Projects & Entertainment Private Limited, Cityman Limited, Oneness Naturals Private Limited and 2 more | Director | 27 Apr 2015 | 11 Years 6 Months | Current |
| Joseph Sajan | Director | 02 Jun 2017 | 9 Years 5 Months | Current |
Auditor
Heco Panelling Systems Private Limited is audited by N S V M & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S V M & ASSOCIATES | FY 2018 | 010072S |
Shareholding
The shareholding of Heco Panelling Systems Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Heco Panelling Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Heco Panelling Systems 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 Heco Panelling Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heco Panelling Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Heco Panelling Systems Private Limited, buy the company report.
Recent activity
Heco Panelling Systems Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Joseph Sajan ceased to be Additional Director on 30 Sep 2018.
Frequently asked questions
Heco Panelling Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 11 February 2009 (17+ years old) and is registered under CIN U26999KA2009PTC049117.
Heco Panelling Systems has 3 current directors:
- Sajeevan Nikarthil Thankappan - Director
- Roy Moolayil Sebastian - Director
- Joseph Sajan - Director
The latest financial statements of Heco Panelling Systems 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.
No. Heco Panelling Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Heco Panelling Systems is U26999KA2009PTC049117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heco Panelling Systems was incorporated on 11 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Joseph Sajan ceased to be Additional Director on 30 Sep 2018. Joseph Sajan was appointed as Director on 02 Jun 2017. Roy Moolayil Sebastian ceased to be Additional Director on 30 Sep 2015. Heco Panelling Systems has 9 board changes on record in total.
Heco Panelling Systems can be reached through the website hecopanel.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Heco Panelling Systems is at No. 153 Old No. 4335 1st Floor Promanade Road 2nd Cross Frazer Town, Bangalore, Karnataka, India – 560005.
Heco Panelling Systems operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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