About Heer Technologies Private Limited
Data last updated:
Heer Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 14 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2008PTC053882. Its GSTIN is 24AACCH0372F1Z2 (Gujarat). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13 Lakh. It is led by directors Prashant Chandrakantbhai Patel and Vijeta Vinodbhai Patel.
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 702 City Center Opp. Shukan Mall Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.83 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹13.88 Lakh (net margin 2.9%) and EBITDA of ₹67.98 Lakh (EBITDA margin 14.1%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 11% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.1 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 8 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heertech.com.
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- Website
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- Registered Address702 City Center Opp. Shukan Mall Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryEnvironment, Water Treatment
- 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 Heer Technologies Private Limited
The main business activity of Heer Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Heer Technologies Private Limited FY 2025 filings available
Heer Technologies Private Limited reported revenue of ₹4.83 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Heer Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 27% fall in the latest year. EBITDA fell 38% 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 Heer Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹67.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.88 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Heer Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 Heer Technologies are in the company report.
Financial statements from 2015
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 Heer Technologies Private Limited
Heer Technologies Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deccan Environmental Consultants Private Limited | ₹4.9 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| Watersphere Systems Private Limited | ₹4.89 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
| Zean Lithos and Company Private Limited | ₹4.88 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Guwahati, Assam, India |
| Pamm Water Technologies Private Limited | ₹4.87 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Integrated Envirotech Private Limited | ₹4.85 Cr (FY 2025) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
| Heer Technologies Private Limited this company | ₹4.83 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Ahmedabad, Gujarat, India |
| Evian Engineering Private Limited | ₹4.82 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Movi Ecoserve Private Limited | ₹4.74 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Thane, Maharashtra, India |
| Oxira Environmental Solution Private Limited | ₹4.72 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Pala, Kerala, India |
| Netrox Aqua Fresh Private Limited | ₹4.72 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Patna, Bihar, India |
| Medio Industries Private Limited | ₹4.69 Cr (FY 2024) | •••• | •••• | 153.0% | •••• | Chavara, Kerala, India |
Peers are the five companies nearest above and the five nearest below Heer Technologies by revenue in the Cleantech industry (Water and Wastewater Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Heer Technologies Private Limited
Heer Technologies Private Limited is audited by vidya & co (ca rajendra nagar) for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| vidya & co (ca rajendra nagar) | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Heer Technologies Private Limited
Heer Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Chandrakantbhai Patel | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
| Vijeta Vinodbhai Patel | Director | 14 May 2008 | 18 Years 5 Months | Current |
Ownership and Shareholding of Heer Technologies 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 Heer Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2024 | Others | ₹5.15 Cr | Open |
| 05 Apr 2023 | Others | ₹28.75 Lakh | Open |
| 31 Mar 2023 | Others | ₹4 Lakh | Open |
| 31 Mar 2023 | Others | ₹28.75 Lakh | Open |
| 25 Feb 2022 | Others | ₹5.34 Cr | Open |
Total charge records: 5 View all charges
Legal Cases of Heer Technologies Private Limited
Heer Technologies Private Limited has 12 court cases on record: 1 filed by Heer Technologies, 8 filed against it, 3 where it is another party. 8 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 8 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchmahal at Godhra, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Panchmahal at Godhra, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Panchmahal at Godhra, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Panchmahal at Godhra, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Panchmahal at Godhra, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Heer Technologies Private Limited
Heer Technologies Private Limited has a workforce of 39 employees as of Apr 07, 2024.
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 Heer Technologies Private Limited
Heer Technologies Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Chandrakant Dahyalal Patel ceased to be Director on 01 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Heer Technologies 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 Heer Technologies 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 Heer Technologies 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 Heer Technologies Private Limited
Heer Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH0372F1Z2 | Gujarat | Active | 01 Jul 2017 |
| 23AACCH0372F1Z4 | Madhya Pradesh | Active | 29 May 2018 |
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 Heer Technologies 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 Heer Technologies Private Limited
Heer Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in water treatment, within the environment industry. It was incorporated on 14 May 2008 (18+ years old) and is registered under CIN U72900GJ2008PTC053882.
Heer Technologies reported revenue of ₹4.83 Cr for FY 2025 (down 27% YoY).
Heer Technologies has 2 current directors:
- Prashant Chandrakantbhai Patel - Director
- Vijeta Vinodbhai Patel - Director
Heer Technologies reported a net profit of ₹13.88 Lakh (net margin 2.9%) and EBITDA of ₹67.98 Lakh (EBITDA margin 14.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Heer Technologies is -29% over three years and -11% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Heer Technologies is 24AACCH0372F1Z2, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AACCH0372F1Z4 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Heer Technologies is U72900GJ2008PTC053882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heer Technologies has 12 court cases on record: 1 filed by the company and 8 filed against it. 8 are pending. Most are in the district courts.
Heer Technologies was incorporated on 14 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Heer Technologies by revenue are Deccan Environmental Consultants Private Limited, Watersphere Systems Private Limited, Zean Lithos and Company Private Limited, Pamm Water Technologies Private Limited, Integrated Envirotech Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Chandrakant Dahyalal Patel ceased to be Director on 01 Dec 2016. Prashant Chandrakantbhai Patel was appointed as Director on 01 Dec 2016. Prashant Chandrakantbhai Patel ceased to be Director on 25 Feb 2015. Heer Technologies has 4 board changes on record in total.