MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0021764
Hilti Technology Solutions India Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹158.81 Cr
▲ 14% YoY
Net profit · FY 2025
₹15.5 Cr
Net margin 9.8%
EBITDA · FY 2025
₹29.63 Cr
EBITDA margin 18.7%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.25 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
203
Provident fund records
Directors on board
4
As per MCA filings
About Hilti Technology Solutions India Private Limited
Data last updated:
Hilti Technology Solutions India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Hilti Aktiengesellschaft. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020FTC192447. Its GSTIN is 27AAFCH3567F1ZI (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Dhaval Shashikant Dave (Managing Director) and Martin Nemetz.
Its last annual general meeting (AGM) was held on 22 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at V – 18 Unit No.801 – 810 & 901 – 910 8th & 9th Floor Balewadi High Street, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹158.81 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹15.5 Cr (net margin 9.8%) and EBITDA of ₹29.63 Cr (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The company has about 203 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 rights issue); the latest was in September 2020. Its 9 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 4 larger and 5 smaller; the largest is Gokwik Commerce Solutions Private Limited with revenue of ₹163.58 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 58 overdue payments to 16 micro and small suppliers.
Hilti Technology Solutions India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0021764). For more details, the company can be reached via its website hilti.in.
Company details
CIN U72900PN2020FTC192447
Registration Number 192447
Incorporation Date 28 July 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Hilti Aktiengesellschaft
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0021764
Recognitions & Rankings of Hilti Technology Solutions India
Contact details
Hilti Technology Solutions India Private Limited's registered office is in Pune, Maharashtra. Its website is hilti.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressV – 18 Unit No.801 – 810 & 901 – 910 8th & 9th Floor Balewadi High Street, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Hilti Technology Solutions India Private Limited, buy the company report.
Comprehensive company report
Hilti Technology Solutions India 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 Hilti Technology Solutions India 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 Hilti Technology Solutions India Private Limited, buy the company report.
Financials of Hilti Technology Solutions India Private Limited
FY 2025 filings availableHilti Technology Solutions India Private Limited reported revenue of ₹158.81 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹158.81 Cr ▲ 14%
Net profit · FY 2025
₹15.5 Cr margin 9.8%
EBITDA · FY 2025
₹29.63 Cr margin 18.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 43%
Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 14% growth in the latest year. EBITDA rose 10% 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 | ₹29.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.5 Cr | ||||
| Balance Sheet | |||||
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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 | 18.7% | ||||
| Net Profit Margin | 9.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Hilti Technology Solutions India Private Limited, buy the company report.
Board of directors of Hilti Technology Solutions India Private Limited
Hilti Technology Solutions India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Shashikant Dave | Managing Director | 23 Nov 2023 | 2 Years 11 Months | Current |
| Martin Nemetz | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Puneet Raj | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Giridhar Jambunathan Also directs: Hilti Manufacturing India Private Limited | Director | 28 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Hilti Technology Solutions India Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Gokwik Commerce Solutions Private Limited | ₹163.58 Cr (FY 2025) | 49.0% | Delhi, India | |||
| Gerson Lehrman Group India Private Limited | ₹159.68 Cr (FY 2025) | 24.0% | Gurgaon, Haryana, India | |||
| Blitzscale Technology Solutions Private Limited | ₹159.3 Cr (FY 2025) | 50.0% | Bangalore, Karnataka, India | |||
| Sears IT & Management Services India Private Limited | ₹158.81 Cr (FY 2025) | -15.0% | Pune, Maharashtra, India | |||
| Hilti Technology Solutions India Private Limitedthis company | ₹158.81 Cr (FY 2025) | ₹15.5 Cr | 9.8% | 14.0% | 203 | Pune, Maharashtra, India |
| Newel Infotech Private Limited | ₹158.68 Cr (FY 2025) | 35.0% | Thane, Maharashtra, India | |||
| Bankai Infotech Limited | ₹158.68 Cr (FY 2025) | 3.0% | Ahmedabad, Gujarat, India | |||
| Softenger (India) Private Limited | ₹158.17 Cr (FY 2025) | -9.0% | Pune, Maharashtra, India | |||
| Glorybird India Private Limited | ₹158.1 Cr (FY 2025) | -35.0% | Gurgaon, Haryana, India | |||
| Sonata Software Solutions Limited | ₹157.72 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Hilti Technology Solutions India Private Limited, buy the company report.
Auditor
Hilti Technology Solutions India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Hilti Technology Solutions India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hilti Technology Solutions India Private Limited, buy the company report.
Deals & funding
Hilti Technology Solutions India Private Limited has 1 deal on record (1 rights issue); the latest was in September 2020.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Rights issue | ₹2.24 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Hilti Technology Solutions India 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
Hilti Technology Solutions India Private Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 58 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Surv Worldwide | |||
| Padam Interiors Private Limited | |||
| Euronics Industries Private Limited | |||
| Coffeeco India Private Limited |
To see the full MSME payment records of Hilti Technology Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hilti Technology Solutions India Private Limited has a workforce of 203 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
203
Active EPFO establishments
1
Employee growth
23.78%
GST
Hilti Technology Solutions India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH3567F1ZI | Maharashtra | Active | 07 Oct 2020 |
To see the full GST registrations and return filing status of Hilti Technology Solutions India Private Limited, buy the company report.
Recent activity
Hilti Technology Solutions India Private Limited has 12 board changes on record since 2020: 5 appointments and 7 cessations. The latest: Brittani Nicoli Zakharchenko ceased to be Additional Director on 23 Jul 2024.
AGM
Hilti Technology Solutions India Private Limited last Annual general meeting of members was held on 22 Jul 2025 as per latest MCA records.
Filing
Hilti Technology Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Brittani Nicoli Zakharchenko ceased to be Additional Director.
Appointed
Brittani Nicoli Zakharchenko was appointed as Additional Director.
Ceased
Dhaval Shashikant Dave ceased to be Additional Director.
Appointed
Dhaval Shashikant Dave was appointed as Managing Director.
Ceased
Puneet Raj ceased to be Additional Director.
Ceased
Martin Nemetz ceased to be Additional Director.
Ceased
Stefanie Doenz ceased to be Additional Director.
Appointed
Martin Nemetz was appointed as Director.
Appointed
Puneet Raj was appointed as Director.
Ceased
Marco Dietz ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Hilti Technology Solutions India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 July 2020 (6+ years old) and is registered under CIN U72900PN2020FTC192447.
Hilti Technology Solutions India has 4 current directors:
- Dhaval Shashikant Dave - Managing Director
- Martin Nemetz - Director
- Puneet Raj - Director
- Giridhar Jambunathan - Director
The latest financial statements of Hilti Technology Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 July 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Hilti Technology Solutions India is 27AAFCH3567F1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hilti Technology Solutions India is U72900PN2020FTC192447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hilti Technology Solutions India was incorporated on 28 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Hilti Technology Solutions India has 1 deal on record (1 rights issue); the latest was in September 2020.
The peers of Hilti Technology Solutions India by revenue are Gokwik Commerce Solutions Private Limited, Gerson Lehrman Group India Private Limited, Blitzscale Technology Solutions Private Limited, Sears IT & Management Services India Private Limited, Newel Infotech Private Limited and 4 more, all in the same principal business activity (other information & communication service activities).
Brittani Nicoli Zakharchenko ceased to be Additional Director on 23 Jul 2024. Brittani Nicoli Zakharchenko was appointed as Additional Director on 13 Mar 2024. Dhaval Shashikant Dave ceased to be Additional Director on 31 Dec 2023. Hilti Technology Solutions India has 12 board changes on record in total.
Yes, Hilti Technology Solutions India is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0021764).
Hilti Technology Solutions India has 4 MSME Form 1 returns on record between 2022 and 2024, listing 58 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Hilti Technology Solutions India can be reached through the website hilti.in. Its registered office is in Pune, Maharashtra, India.
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