Hela Systems Private Limited

Hela Systems Private Limited - aerospace, maritime and defense in Maheswaram, Telangana, India. FY 2026 financials & compliance.
CIN U93000TG2004PTC042753 Incorporated 27 February 2004 ROC Hyderabad HQ Maheswaram, Telangana, India
Active Private Limited Company aerospace, maritime and defense MSME · Small
Revenue · FY 2023
₹12.63 Cr
▼ 23% YoY
Net loss · FY 2023
₹83.95 Lakh
Net margin -6.6%
EBITDA · FY 2023
-₹72.14 Lakh
EBITDA margin -5.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Satisfied charges
₹173.8 Cr
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
138
Provident fund records

About Hela Systems Private Limited

Data last updated:

Hela Systems Private Limited is a private limited company based in Maheswaram, Telangana, India, a subsidiary of Tata Advanced Systems Limited. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 27 February 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U93000TG2004PTC042753. Its GSTIN is 36AABCH4924L1ZF (Telangana). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹20 Lakh. It was formerly known as Hbl Elta Avionics Systems Private Limited. It is led by directors including Irit Levy Aliza and Rohit Khera.

Its last annual general meeting (AGM) was held on 03 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hardware Park, Maheswaram, Telangana.

As per the financials filed for FY 2023, the company reported a revenue of ₹12.63 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹83.95 Lakh (net margin -6.6%) and EBITDA of -₹72.14 Lakh (EBITDA margin -5.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.

The company has about 138 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: HELA Systems. As per MCA filings, the company has satisfied charges of ₹173.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in April 2023. The company has 3 MSME Form 1 returns on record between 2020 and 2021, listing 29 overdue payments to 1 micro and small supplier.

Hela Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0021160). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hela.in.

Company details

CIN U93000TG2004PTC042753
Registration Number 042753
Incorporation Date 27 February 2004
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Parent Company Tata Advanced Systems Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0021160

CIN history

Hela Systems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U93000TG2004PTC042753, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U93000TG2004PTC042753Current
U31909TG2004PTC042753Previous
U31909AP2004PTC042753Previous
Key People
Irit Levy Aliza Director Rohit Khera Director Shefi Benor Director

Recognitions & Rankings of Hela Systems

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-TS-02-0021160

Contact details

Hela Systems Private Limited's registered office is in Maheswaram, Telangana. Its website is hela.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hela.in
  • Registered Address
    Plot No. 29 – B Bearing Survey No. 1/1, Hardware Park Kancha Imarat Of Raviryala Village Maheshwaram Mandal, Maheswaram, Telangana, India – 501510
  • Industry
    Aerospace, Maritime and Defense, Defence Accessories & Components

To see the full contact details of Hela Systems Private Limited, buy the company report.

Comprehensive company report
Hela Systems Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Hela Systems operates one associated brand: HELA Systems. Each brand links to its own profile.

BrandDescriptionWebsite
HELA Systems
Manufacturer of hydronic solutions for building systemshela.in

Financials of Hela Systems Private Limited

FY 2025 filings available

Hela Systems Private Limited reported revenue of ₹12.63 Cr (down 23% YoY) for FY 2023.

Revenue · FY 2023
₹12.63 Cr ▼ 23%
Net loss · FY 2023
₹83.95 Lakh margin -6.6%
EBITDA · FY 2023
-₹72.14 Lakh margin -5.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 1%
5 years · compounded
▲ 3%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹12.63 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹72.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹83.95 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-5.7%
Net Profit Margin-6.6%
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

To see the full financial statements and ratios of Hela Systems Private Limited, buy the company report.

Board of directors of Hela Systems Private Limited

Hela Systems has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Irit Levy Aliza
Also directs: Eltx Systems Private Limited, Contegotech Private Limited
Director16 Aug 20179 Years 2 MonthsCurrent
Rohit Khera
Also directs: Contegotech Private Limited
Director24 Jul 20242 Years 3 MonthsCurrent
Shefi BenorDirector11 Mar 20251 Years 8 MonthsCurrent
Menahem CohenDirector11 Mar 20251 Years 8 MonthsCurrent
View all directors

Auditor

Hela Systems Private Limited is audited by Brahmayya & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Brahmayya & CoFY 2023000513S

Shareholding

The shareholding of Hela Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hela Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹173.8 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹158.80 Cr
Kotak Mahindra Bank₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Apr 2019100260862Hdfc Bank Limited₹45 CrSatisfied
30 Aug 201110307919Kotak Mahindra Bank₹15 CrSatisfied
22 Aug 200710066832Hdfc Bank Limited₹113.8 CrSatisfied

To see the full charge records of Hela Systems Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Hela Systems Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in April 2023.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹19 Lakh

Deals on record (3 of 3)

WhenDealAmountParties
Apr 2023Secondary share transferUndisclosedBuyer: Lardosa Investment BV
Seller: Tata Advanced Systems Limited, Tata Advanced Systems Limited & Praveen Kumar, Tata Advanced Systems Limited & Sukaran Singh
Nov 2010Secondary share transferUndisclosedBuyer: Tata Advanced Systems Limited & Sukaran Singh, Tata Advanced Systems Limited & K Sadacharam, Tata Advanced Systems Limited
Seller: HBL Engineering Limited , 2 individuals
Dec 2006Funding round₹19 LakhInvestors: HBL Engineering Limited , ELTA Systems Limited, 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Hela Systems Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 29 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Bhavyabhanu Electronics Private Limited

To see the full MSME payment records of Hela Systems Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hela Systems Private Limited has a workforce of 138 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
138
Active EPFO establishments
1
Employee growth
24.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27138
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Hela Systems Private Limited, buy the company report.

GST

Hela Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
36AABCH4924L1ZFTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Hela Systems Private Limited, buy the company report.

Recent activity

Hela Systems Private Limited has 16 board changes on record since 2009: 5 appointments and 11 cessations. The latest: Oren Haim Gedge ceased to be Director on 10 Aug 2025.

Ceased
Oren Haim Gedge ceased to be Director.
AGM
Hela Systems Private Limited last Annual general meeting of members was held on 03 Jul 2025 as per latest MCA records.
Ceased
Menahem Cohen ceased to be Additional Director.
Ceased
Shefi Benor ceased to be Additional Director.
Filing
Hela Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Menahem Cohen was appointed as Director.
Appointed
Shefi Benor was appointed as Director.
Ceased
Jagadish Janardan Baxi ceased to be Director.
Appointed
Rohit Khera was appointed as Director.
Ceased
Rohit Khera ceased to be Additional Director.
Ceased
Zeev Yehuda Mivtzari ceased to be Additional Director.
Ceased
Kersi Rustom Bhagat ceased to be Director.

15 earlier events are in the company report.

News

Frequently asked questions

Hela Systems is an active private limited company based in Maheswaram, Telangana, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 27 February 2004 (22+ years old) and is registered under CIN U93000TG2004PTC042753.

Hela Systems has 4 current directors:

The latest financial statements of Hela Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Hela Systems is 36AABCH4924L1ZF, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Hela Systems is U93000TG2004PTC042753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hela Systems has 1 court case on record: 1 filed by the company.

Hela Systems was incorporated on 27 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.

Hela Systems has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in April 2023.

Oren Haim Gedge ceased to be Director on 10 Aug 2025. Menahem Cohen ceased to be Additional Director on 02 Jul 2025. Shefi Benor ceased to be Additional Director on 02 Jul 2025. Hela Systems has 16 board changes on record in total.

Yes, Hela Systems is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0021160).

Hela Systems has 3 MSME Form 1 returns on record between 2020 and 2021, listing 29 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Oct 2021.