MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0010873
Heterodyne Technologies Private Limited - business services in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.89 Cr
▲ 53% YoY
Net profit · FY 2024
₹4.19 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹33.5 Lakh
EBITDA margin 8.6%
Authorised capital
₹8 Lakh
Registered with MCA
Paid-up capital
₹8 Lakh
Issued & subscribed
Open charges
₹80.08 Lakh
Satisfied ₹59 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
11
Provident fund records
About Heterodyne Technologies Private Limited
Data last updated:
Heterodyne Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the business support services segment of the business services sector. It was incorporated on 09 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2011PTC064327. Its GSTIN is 24AACCH6094C1ZT (Gujarat).
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Ketal M Panchal and Mayur R Panchal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.89 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹4.19 Lakh (net margin 1.1%) and EBITDA of ₹33.5 Lakh (EBITDA margin 8.6%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 7% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Heterodyne Technologies. As per MCA filings, the company has open charges of ₹80.08 Lakh and satisfied charges of ₹59 Lakh on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 4 cases are pending.
Heterodyne Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0010873). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heterodynetechnologies.com.
Company details
CIN U72900GJ2011PTC064327
Registration Number 064327
Incorporation Date 09 March 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0010873
Key People
Ketal M Panchal Director Mayur R Panchal Director Recognitions & Rankings of Heterodyne Technologies
Contact details
Heterodyne Technologies Private Limited's registered office is in Vadodara, Gujarat. Its website is heterodynetechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address319 – I 3rd Floor Lotus Aura – 2 Besides Iocl Petrol Pump Sama – Savli Roa, D, Vadodara, Gujarat, India – 390008
- IndustryBusiness Services, Business Support Services
To see the full contact details of Heterodyne Technologies Private Limited, buy the company report.
Comprehensive company report
Heterodyne Technologies 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
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Brands
Heterodyne Technologies operates one associated brand: Heterodyne Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT network solutions, including wireless networks and data security, are provided for various sectors in India. | heterodynetechnologies.com |
Business activity
The main business activity of Heterodyne Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Heterodyne Technologies Private Limited, buy the company report.
Financials of Heterodyne Technologies Private Limited
FY 2024 filings availableHeterodyne Technologies Private Limited reported revenue of ₹3.89 Cr (up 53% YoY) for FY 2024.
Revenue · FY 2024
₹3.89 Cr ▲ 53%
Net profit · FY 2024
₹4.19 Lakh margin 1.1%
EBITDA · FY 2024
₹33.5 Lakh margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 25%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 5%
5 years · compounded
▲ 4%
Revenue rose 53% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹33.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.19 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Heterodyne Technologies Private Limited, buy the company report.
Board of directors of Heterodyne Technologies Private Limited
Heterodyne Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketal M Panchal | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Mayur R Panchal | Director | 09 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Heterodyne Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Merlinai Labs Private Limited | ₹3.9 Cr (FY 2024) | 28.0% | Bengaluru, Karnataka, India | |||
| Radwin Wireless Solutions India Private Limited | ₹3.9 Cr (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Trikon Telesoft Solutions Private Limited | ₹3.9 Cr (FY 2025) | 7.0% | Thaltej, Ahmedabad, Gujarat, India | |||
| Suiga Advanced Materials and Technologies (OPC) Private Limited | ₹3.9 Cr (FY 2025) | -6.0% | Andheri, Mumbai, Maharashtra, India | |||
| Techligent Systems Private Limited | ₹3.89 Cr (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| Heterodyne Technologies Private Limitedthis company | ₹3.89 Cr (FY 2024) | ₹4.19 Lakh | 1.1% | 53.0% | 11 | Vadodara, Gujarat, India |
| Firstprinciples Management Private Limited | ₹3.89 Cr (FY 2025) | -45.0% | New Delhi, Delhi, India | |||
| Subhash Techno Components Private Limited | ₹3.89 Cr (FY 2020) | 5.0% | New Delhi, Delhi, India | |||
| Nexbase Information Technologies Private Limited | ₹3.89 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Lambodra Information Technologies Private Limited | ₹3.89 Cr (FY 2024) | 27.0% | Mohali, Punjab, India | |||
| Nexcen IT Services Private Limited | ₹3.89 Cr (FY 2024) | 142.0% | Delhi, India |
To see the full peer comparison of Heterodyne Technologies Private Limited, buy the company report.
Auditor
Heterodyne Technologies Private Limited is audited by K. J. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. J. SHAH & CO. | FY 2023 | 132369W |
Shareholding
The shareholding of Heterodyne Technologies 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Heterodyne Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80.08 Lakh
Satisfied charges
₹59 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2014 | 10519248 | Hdfc Bank Limited | ₹80.08 Lakh | Open | |
| 21 Jul 2011 | 10302819 | Punjab National Bank | ₹59 Lakh | Satisfied |
To see the full charge records of Heterodyne Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Heterodyne Technologies Private Limited has 7 court cases on record: 1 filed by Heterodyne Technologies, 6 filed against it. 4 cases are pending and 3 are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
4
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 4 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Sterlite Technologies Limited- | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Zen Exim Private Limited - Alpa Vipul Khakahar | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by M/S Leeway Technosolution Pvt Ltd | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Uflix International Private Limited and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by PV Lumens LLP Through Its A R Ganesh Limkar | Disposed |
To see the full case history of Heterodyne Technologies Private Limited, buy the company report.
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.
MSME payment delays
Heterodyne Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 6 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Airpro Technology India Limited |
To see the full MSME payment records of Heterodyne Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Heterodyne Technologies Private Limited has a workforce of 11 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-8.33%
GST
Heterodyne Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH6094C1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Heterodyne Technologies Private Limited, buy the company report.
Recent activity
Heterodyne Technologies Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Ketal M Panchal ceased to be Additional Director on 01 Oct 2015.
AGM
Heterodyne Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Heterodyne Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 80.08 Lakh registered on 09 Sep 2014 with Charge ID 10519248 was modified on 12 Sep 2022.
Charges
A charge registered on 21 Jul 2011 via Charge ID 10302819 with Punjab National Bank was fully satisfied on 30 Oct 2015.
Ceased
Ketal M Panchal ceased to be Additional Director.
Appointed
Ketal M Panchal was appointed as Director.
Ceased
Madhavi Nipun Trivedi ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 80.08 Lakh with Charge ID 10519248 was registered on 09 Sep 2014.
Charges
A charge with Punjab National Bank amounted to Rs. 59.00 Lakh with Charge ID 10302819 was registered on 21 Jul 2011.
Ceased
Nipun Jagdish Trivedi ceased to be Director.
Appointed
Mayur R Panchal was appointed as Director.
Incorporation
09 Mar 2011
Heterodyne Technologies Private Limited was registered on 09 Mar 2011 with Roc Ahmedabad & aged 15 years 7 months as per MCA records.
Frequently asked questions
Heterodyne Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in business support services, within the business services industry. It was incorporated on 09 March 2011 (15+ years old) and is registered under CIN U72900GJ2011PTC064327.
Heterodyne Technologies has 2 current directors:
- Ketal M Panchal - Director
- Mayur R Panchal - Director
The latest financial statements of Heterodyne Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Heterodyne Technologies is 24AACCH6094C1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Heterodyne Technologies is U72900GJ2011PTC064327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heterodyne Technologies has 7 court cases on record: 1 filed by the company and 6 filed against it. 4 are pending.
Heterodyne Technologies was incorporated on 09 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Heterodyne Technologies by revenue are Merlinai Labs Private Limited, Radwin Wireless Solutions India Private Limited, Trikon Telesoft Solutions Private Limited, Suiga Advanced Materials and Technologies (OPC) Private Limited, Techligent Systems Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Ketal M Panchal ceased to be Additional Director on 01 Oct 2015. Ketal M Panchal was appointed as Director on 16 Mar 2015. Madhavi Nipun Trivedi ceased to be Director on 16 Mar 2015. Heterodyne Technologies has 5 board changes on record in total.
Yes, Heterodyne Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0010873).
Heterodyne Technologies has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 6 micro and small suppliers. The latest return was filed on 06 Jun 2019.
Heterodyne Technologies can be reached through the website heterodynetechnologies.com. Its registered office is in Vadodara, Gujarat, India.
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