Hilyar Systems Private Limited
About Hilyar Systems Private Limited
Data last updated:
Hilyar Systems Private Limited is a private limited company based in Udupi, Karnataka, India, a subsidiary of Ubaar Inc. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 10 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC095644. Its GSTIN is 29AAECH0331G1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sapna Ganesh and Ganesh Mahabala Devasya.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.10 – 05 – 3D(11) Swarna Arcade 1st Floor, Udupi, Karnataka, India – 576101.
As per the financials filed for FY 2026, the company reported a revenue of ₹23.53 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹11.21 Lakh (net margin 47.7%) and EBITDA of ₹21.45 Lakh (EBITDA margin 91.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.10 – 05 – 3D(11) Swarna Arcade 1st Floor, Udupi, Karnataka, India – 576101
- IndustryInformation Technology, Other Computer Related Activities
- 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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Financials of Hilyar Systems Private Limited FY 2025 filings available
Hilyar Systems Private Limited reported revenue of ₹23.53 Lakh (up 18% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Hilyar Systems Private Limited
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. EBITDA rose 28% 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 of Hilyar Systems Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹21.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.21 Lakh | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Hilyar Systems Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||||
| EBITDA Margin | 91.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 47.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hilyar Systems are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Hilyar Systems Private Limited
Hilyar Systems Private Limited is audited by ARUNCHANDRA RAO Y T for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARUNCHANDRA RAO Y T | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hilyar Systems Private Limited
Hilyar Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sapna Ganesh Also directs: Monetize 360 Systems Private Limited | Director | 10 Aug 2016 | 10 Years 2 Months | Current |
| Ganesh Mahabala Devasya Also directs: Monetize 360 Systems Private Limited | Director | 10 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Hilyar Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hilyar Systems Private Limited
Hilyar Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hilyar Systems Private Limited
Employment history and EPFO contributions of people linked to Hilyar Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hilyar Systems Private Limited
Hilyar Systems Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ganesh Mahabala Devasya was appointed as Director on 10 Aug 2016.
Credit Ratings, Litigation & Regulatory Alerts for Hilyar Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hilyar Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hilyar Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hilyar Systems Private Limited
Hilyar Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH0331G1ZX | Karnataka | Active | 26 Jun 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hilyar Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hilyar Systems Private Limited
Hilyar Systems is an active private limited company based in Udupi, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 10 August 2016 (10+ years old) and is registered under CIN U72900KA2016PTC095644.
Hilyar Systems reported revenue of ₹23.53 Lakh for FY 2026 (up 18% YoY).
Hilyar Systems has 2 current directors:
- Sapna Ganesh - Director
- Ganesh Mahabala Devasya - Director
Hilyar Systems reported a net profit of ₹11.21 Lakh (net margin 47.7%) and EBITDA of ₹21.45 Lakh (EBITDA margin 91.2%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hilyar Systems is 9% over three years and -28% over five years. In the latest year (FY 2026) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hilyar Systems is 29AAECH0331G1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Hilyar Systems is U72900KA2016PTC095644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hilyar Systems was incorporated on 10 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ganesh Mahabala Devasya was appointed as Director on 10 Aug 2016. Sapna Ganesh was appointed as Director on 10 Aug 2016.
The registered office of Hilyar Systems is at No.10 – 05 – 3D11 Swarna Arcade 1st Floor, Udupi, Karnataka, India – 576101.