Hi Fidelity Solutions Private Limited

Hi Fidelity Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U65993KA1996PTC020438 Incorporated 09 May 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing MSME · Micro
Revenue · FY 2025
₹1.16 Cr
▼ 76% YoY
Net loss · FY 2025
₹2.57 Cr
Net margin -220.9%
EBITDA · FY 2025
-₹2.57 Cr
EBITDA margin -220.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹68.79 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Employees · EPFO
22
Provident fund records
Directors on board
5
As per MCA filings

About Hi Fidelity Solutions Private Limited

Data last updated:

Hi Fidelity Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 09 May 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65993KA1996PTC020438. Its GSTIN is 29AABCH3040B1Z6 (Karnataka).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹68.79 Lakh. It is led by directors including Kuncham Lakshminarayana Prashanth and Jyoti Muraleedharan Nair.

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 003 Classique Mansion6Th Cross Hal 2nd Stage Bangalore, Karnataka, India – 560008.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹2.57 Cr (net margin -220.9%) and EBITDA of -₹2.57 Cr (EBITDA margin -220.8%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 21% over five years.

The company has about 22 employees on its provident fund (EPFO) records.

Hi Fidelity Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0091452). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hifid.biz.

Company details

CIN U65993KA1996PTC020438
Registration Number 020438
Incorporation Date 09 May 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0091452
Key People
Kuncham Lakshminarayana Prashanth Director Jyoti Muraleedharan Nair Director Sampath Gopalakrishnan Director

Recognitions & Rankings of Hi Fidelity Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0091452

Contact details

Hi Fidelity Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is hifid.biz. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hifid.biz
  • Registered Address
    003 Classique Mansion6Th Cross Hal 2nd Stage Bangalore, Karnataka, India – 560008
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Hi Fidelity Solutions Private Limited, buy the company report.

Comprehensive company report
Hi Fidelity Solutions 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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Business activity

The main business activity of Hi Fidelity Solutions is professional, scientific and technical activities. In detail, this covers legal and accounting activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities69Legal and accounting activities

To see the full business activity and turnover split of Hi Fidelity Solutions Private Limited, buy the company report.

Financials of Hi Fidelity Solutions Private Limited

FY 2025 filings available

Hi Fidelity Solutions Private Limited reported revenue of ₹1.16 Cr (down 76% YoY) for FY 2025.

Revenue · FY 2025
₹1.16 Cr ▼ 76%
Net loss · FY 2025
₹2.57 Cr margin -220.9%
EBITDA · FY 2025
-₹2.57 Cr margin -220.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 35%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 618%
3 years · compounded
▼ 58%
5 years · compounded
▼ 32%

Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 76% fall in the latest year. EBITDA fell 618% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹2.57 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.57 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-220.8%
Net Profit Margin-220.9%
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

To see the full financial statements and ratios of Hi Fidelity Solutions Private Limited, buy the company report.

Board of directors of Hi Fidelity Solutions Private Limited

Hi Fidelity Solutions has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kuncham Lakshminarayana Prashanth
Also directs: Guru & Jana LLP
Director14 Feb 20233 Years 8 MonthsCurrent
Jyoti Muraleedharan Nair
Also directs: Mercuri Urval Business Consulting Private Limited
Director20 Dec 20223 Years 10 MonthsCurrent
Sampath GopalakrishnanDirector20 Dec 20223 Years 10 MonthsCurrent
Deepak Goil
Also directs: Moretto Trading India Private Limited, Ecobeacon Retail Private Limited
Director20 Dec 20223 Years 10 MonthsCurrent
Guru Prasad Makam
Also directs: Guru & Jana LLP, Vittal's Makam (OPC) Private Limited, Vardaan Advisors Private Limited and 1 more
Director20 Dec 20223 Years 10 MonthsCurrent
View all directors

Auditor

Hi Fidelity Solutions Private Limited is audited by SUBHASCHANDRA P KUDARI & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
SUBHASCHANDRA P KUDARI & COFY 2022004094S

Shareholding

The shareholding of Hi Fidelity Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Hi Fidelity Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hi Fidelity Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Hi Fidelity Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCH3040B1Z6KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Hi Fidelity Solutions Private Limited, buy the company report.

Recent activity

Hi Fidelity Solutions Private Limited has 15 board changes on record since 2009: 5 appointments and 10 cessations. The latest: Guru Prasad Makam ceased to be Additional Director on 29 Sep 2023.

AGM
Hi Fidelity Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hi Fidelity Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Guru Prasad Makam ceased to be Additional Director.
Ceased
Jyoti Muraleedharan Nair ceased to be Additional Director.
Ceased
Kuncham Lakshminarayana Prashanth ceased to be Additional Director.
Ceased
Sampath Gopalakrishnan ceased to be Additional Director.
Appointed
Kuncham Lakshminarayana Prashanth was appointed as Director.
Appointed
Deepak Goil was appointed as Director.
Appointed
Guru Prasad Makam was appointed as Director.
Appointed
Jyoti Muraleedharan Nair was appointed as Director.
Appointed
Sampath Gopalakrishnan was appointed as Director.
Ceased
Sharatkumar Shankaraya Sadashivapeth ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Hi Fidelity Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 09 May 1996 (30+ years old) and is registered under CIN U65993KA1996PTC020438.

Hi Fidelity Solutions has 5 current directors:

The latest financial statements of Hi Fidelity Solutions 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 Hi Fidelity Solutions is 29AABCH3040B1Z6, registered in Karnataka.

The CIN (Corporate Identification Number) of Hi Fidelity Solutions is U65993KA1996PTC020438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hi Fidelity Solutions was incorporated on 09 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.

Guru Prasad Makam ceased to be Additional Director on 29 Sep 2023. Jyoti Muraleedharan Nair ceased to be Additional Director on 29 Sep 2023. Kuncham Lakshminarayana Prashanth ceased to be Additional Director on 29 Sep 2023. Hi Fidelity Solutions has 15 board changes on record in total.

Yes, Hi Fidelity Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0091452).

Hi Fidelity Solutions can be reached through the website hifid.biz. Its registered office is in Bangalore, Karnataka, India.

The registered office of Hi Fidelity Solutions is at 003 Classique Mansion6Th Cross Hal 2nd Stage Bangalore, Karnataka, India – 560008.