Hi-5 Broadband Solution Private Limited
About Hi-5 Broadband Solution Private Limited
Data last updated:
Hi-5 Broadband Solution Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 28 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2013PTC149284. Its GSTIN is 27AADCH6485N1ZW (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33.39 Lakh. It is led by directors Sumit Dilip Gaikwad and Anay Liladhar Mhatre.
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 Flat No. E – 2106 Megapolis Phase – Lll, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.55 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹20.86 Lakh (net margin -106.7%) and EBITDA of -₹20.5 Lakh (EBITDA margin -104.9%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 22% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hi-5 Broadband Solution Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. E – 2106 Megapolis Phase – Lll, Pune, Maharashtra, India – 411057
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Hi-5 Broadband Solution Private Limited, buy the company report.
- 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
Business activity
The main business activity of Hi-5 Broadband Solution 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 Hi-5 Broadband Solution Private Limited, buy the company report.
Financials of Hi-5 Broadband Solution Private Limited
FY 2024 filings availableHi-5 Broadband Solution Private Limited reported revenue of ₹19.55 Lakh (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 34% fall in the latest year. EBITDA fell 25% 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 | -₹20.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.86 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -104.9% | ||||
| Net Profit Margin | -106.7% | ||||
| 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-5 Broadband Solution Private Limited, buy the company report.
Board of directors of Hi-5 Broadband Solution Private Limited
Hi-5 Broadband Solution has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Dilip Gaikwad Also directs: Hi-5 Broadband Private Limited | Director | 30 May 2019 | 7 Years 4 Months | Current |
| Anay Liladhar Mhatre Also directs: Hi-5 Broadband Private Limited | Director | 01 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Hi-5 Broadband Solution Private Limited is audited by Jenil Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jenil Shah & Associates | FY 2023 | 133115W |
Shareholding
The shareholding of Hi-5 Broadband Solution 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 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hi-5 Broadband Solution Private Limited, buy the company report.
Legal cases
Hi-5 Broadband Solution Private Limited has 1 court case on record: 1 filed by Hi-5 Broadband Solution. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Noida Software Technology Park Ltd. and 1 other | Pending |
To see the full case history of Hi-5 Broadband Solution 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
No delayed payments to MSME suppliers are on our record for Hi-5 Broadband Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-5 Broadband Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH6485N1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-5 Broadband Solution Private Limited, buy the company report.
Recent activity
Hi-5 Broadband Solution Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Sumit Dilip Gaikwad ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Hi-5 Broadband Solution is an active private limited company based in Pune, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 28 October 2013 (13+ years old) and is registered under CIN U74999PN2013PTC149284.
Hi-5 Broadband Solution has 2 current directors:
- Sumit Dilip Gaikwad - Director
- Anay Liladhar Mhatre - Director
The latest financial statements of Hi-5 Broadband Solution 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 Hi-5 Broadband Solution is 27AADCH6485N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hi-5 Broadband Solution is U74999PN2013PTC149284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-5 Broadband Solution has 1 court case on record: 1 filed by the company. 1 is pending.
Hi-5 Broadband Solution was incorporated on 28 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Sumit Dilip Gaikwad ceased to be Additional Director on 31 Dec 2020. Anand Dinesh Mehta ceased to be Director on 02 Nov 2019. Sumit Dilip Gaikwad was appointed as Director on 30 May 2019. Hi-5 Broadband Solution has 5 board changes on record in total.
The registered office of Hi-5 Broadband Solution is at Flat No. E – 2106 Megapolis Phase – Lll, Pune, Maharashtra, India – 411057.
Hi-5 Broadband Solution operates in the telecom industry, in the isp and broadband services segment.