MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0009801
Hexagon Product Development Private Limited - engineering in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.3 Cr
▲ 22% YoY
Net profit · FY 2025
₹93.3 Lakh
Net margin 14.8%
EBITDA · FY 2025
₹1.48 Cr
EBITDA margin 23.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.32 Lakh
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
About Hexagon Product Development Private Limited
Data last updated:
Hexagon Product Development Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 22 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29220GJ2008PTC053638. Its GSTIN is 24AACCH0252Q1ZK (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.32 Lakh. It is led by directors including Jigar Narendrakumar Talati and Ashokbhai Natwarlal Dalal.
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 Plot No – 10 Ratnakar Business Hub Por GIDC Village – Por, Vadodara, Gujarat, India – 391243.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.3 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹93.3 Lakh (net margin 14.8%) and EBITDA of ₹1.48 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 24% over five years.
The company is associated with 1 brand: Alphie Mixer. As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
Hexagon Product Development Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0009801). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hexagondesign.net.
Company details
CIN U29220GJ2008PTC053638
Registration Number 053638
Incorporation Date 22 April 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0009801
Key People
Jigar Narendrakumar Talati Director Ashokbhai Natwarlal Dalal Director Devilaben Narendrakumar Talati Director Recognitions & Rankings of Hexagon Product Development
Contact details
Hexagon Product Development Private Limited's registered office is in Vadodara, Gujarat. Its website is hexagondesign.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No – 10 Ratnakar Business Hub Por GIDC Village – Por, Vadodara, Gujarat, India – 391243
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Hexagon Product Development Private Limited, buy the company report.
Comprehensive company report
Hexagon Product Development 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
Hexagon Product Development operates one associated brand: Alphie Mixer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Powder mixing equipment manufacturing and solutions for industrial applications. | hexagondesign.net |
Business activity
The main business activity of Hexagon Product Development is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Hexagon Product Development Private Limited, buy the company report.
Financials of Hexagon Product Development Private Limited
FY 2025 filings availableHexagon Product Development Private Limited reported revenue of ₹6.3 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹6.3 Cr ▲ 22%
Net profit · FY 2025
₹93.3 Lakh margin 14.8%
EBITDA · FY 2025
₹1.48 Cr margin 23.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 11%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 14%
5 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 22% growth in the latest year. EBITDA rose 58% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹93.3 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.5% | ||||
| Net Profit Margin | 14.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Hexagon Product Development Private Limited, buy the company report.
Board of directors of Hexagon Product Development Private Limited
Hexagon Product Development has 3 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 |
|---|---|---|---|---|
| Jigar Narendrakumar Talati Also directs: Imlee Innovation LLP | Director | 22 Apr 2008 | 18 Years 6 Months | Current |
| Ashokbhai Natwarlal Dalal | Director | 26 Jun 2014 | 12 Years 4 Months | Current |
| Devilaben Narendrakumar Talati | Director | 28 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Hexagon Product Development Private Limited is audited by SHAH & SHAHPATEL for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & SHAHPATEL | FY 2021 | 133200W |
Shareholding
The shareholding of Hexagon Product Development 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hexagon Product Development Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2015 | 10583558 | Others | ₹20 Lakh | Satisfied | |
| 17 Jul 2015 | 10583556 | The Kalupur Commecial Co. Operative Bank Limited | ₹30 Lakh | Satisfied |
To see the full charge records of Hexagon Product Development Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hexagon Product Development 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 Hexagon Product Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hexagon Product Development has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH0252Q1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hexagon Product Development Private Limited, buy the company report.
Recent activity
Hexagon Product Development Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Ashokbhai Natwarlal Dalal ceased to be Additional Director on 30 Sep 2015.
AGM
Hexagon Product Development Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hexagon Product Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 30 Jul 2015 via Charge ID 10583558 with Others was fully satisfied on 28 Jul 2020.
Charges
A charge registered on 17 Jul 2015 via Charge ID 10583556 with The Kalupur Commecial Co. Operative Bank Limited was fully satisfied on 15 Dec 2017.
Charges
A charge with Others of Rs. 20.00 Lakh registered on 30 Jul 2015 with Charge ID 10583558 was modified on 20 Sep 2017.
Ceased
Ashokbhai Natwarlal Dalal ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 10583558 was registered on 30 Jul 2015.
Charges
A charge with The Kalupur Commecial Co. Operative Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 10583556 was registered on 17 Jul 2015.
Appointed
Ashokbhai Natwarlal Dalal was appointed as Director.
Appointed
Devilaben Narendrakumar Talati was appointed as Director.
Ceased
Narendrakumar Natverlal Talati ceased to be Director.
Ceased
Abhay Kumar Nevatia ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Hexagon Product Development is an active private limited company based in Vadodara, Gujarat, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 22 April 2008 (18+ years old) and is registered under CIN U29220GJ2008PTC053638.
Hexagon Product Development has 3 current directors:
- Jigar Narendrakumar Talati - Director
- Ashokbhai Natwarlal Dalal - Director
- Devilaben Narendrakumar Talati - Director
The latest financial statements of Hexagon Product Development 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.
The GSTIN of Hexagon Product Development is 24AACCH0252Q1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Hexagon Product Development is U29220GJ2008PTC053638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hexagon Product Development was incorporated on 22 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashokbhai Natwarlal Dalal ceased to be Additional Director on 30 Sep 2015. Ashokbhai Natwarlal Dalal was appointed as Director on 26 Jun 2014. Devilaben Narendrakumar Talati was appointed as Director on 28 Jul 2012. Hexagon Product Development has 6 board changes on record in total.
Yes, Hexagon Product Development is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0009801).
Hexagon Product Development can be reached through the website hexagondesign.net. Its registered office is in Vadodara, Gujarat, India.
The registered office of Hexagon Product Development is at Plot No – 10 Ratnakar Business Hub Por GIDC Village – Por, Vadodara, Gujarat, India – 391243.
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