About Hinnovation Research Centre Private Limited
Data last updated:
Hinnovation Research Centre Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 30 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U80302WB2003PTC096288. Its GSTIN is 19AABCH6405J2ZI (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subrata Dutta (Managing Director) and Mitali Dutta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 5/2 Satyen Park, Kolkata, West Bengal, India – 700104.
As per the financials filed for FY 2023, the company reported a revenue of ₹40.71 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹15.99 Lakh (net margin -39.3%) and EBITDA of -₹12.08 Lakh (EBITDA margin -29.7%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 15% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.3 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hinnovation.in.
Company details
Contact details
Hinnovation Research Centre Private Limited's registered office is in Kolkata, West Bengal. Its website is hinnovation.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address5/2 Satyen Park, Kolkata, West Bengal, India – 700104
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Hinnovation Research Centre 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 Hinnovation Research Centre is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Hinnovation Research Centre Private Limited, buy the company report.
Financials of Hinnovation Research Centre Private Limited
FY 2023 filings availableHinnovation Research Centre Private Limited reported revenue of ₹40.71 Lakh (down 57% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 57% fall in the latest year. EBITDA fell 81% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹12.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.99 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.7% | ||||
| Net Profit Margin | -39.3% | ||||
| 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 Hinnovation Research Centre Private Limited, buy the company report.
Board of directors of Hinnovation Research Centre Private Limited
Hinnovation Research Centre has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitali Dutta | Director | 02 May 2017 | 9 Years 5 Months | Current |
| Subrata Dutta | Managing Director | 30 May 2003 | 23 Years 5 Months | Current |
Auditor
Hinnovation Research Centre Private Limited is audited by MURARKA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURARKA & ASSOCIATES | FY 2019 | 319092E |
Shareholding
The shareholding of Hinnovation Research Centre Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hinnovation Research Centre Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2021 | 100458708 | Others | ₹6.3 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Hinnovation Research Centre 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 Hinnovation Research Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hinnovation Research Centre Private Limited has a workforce of 22 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Hinnovation Research Centre has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCH6405J2ZI | West Bengal | Active | 14 Sep 2017 |
To see the full GST registrations and return filing status of Hinnovation Research Centre Private Limited, buy the company report.
Recent activity
Hinnovation Research Centre Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Mitali Dutta ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Hinnovation Research Centre is an active private limited company based in Kolkata, West Bengal, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 30 May 2003 (23+ years old) and is registered under CIN U80302WB2003PTC096288.
Hinnovation Research Centre has 2 current directors:
- Subrata Dutta - Managing Director
- Mitali Dutta - Director
The latest financial statements of Hinnovation Research Centre on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Hinnovation Research Centre is 19AABCH6405J2ZI, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hinnovation Research Centre is U80302WB2003PTC096288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hinnovation Research Centre was incorporated on 30 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Mitali Dutta ceased to be Additional Director on 30 Sep 2022. Mitali Dutta was appointed as Director on 02 May 2017. Tushar Kanti Chatterjee ceased to be Director on 02 May 2017. Hinnovation Research Centre has 4 board changes on record in total.
Hinnovation Research Centre can be reached through the website hinnovation.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Hinnovation Research Centre is at 52 Satyen Park, Kolkata, West Bengal, India – 700104.
Hinnovation Research Centre operates in the information technology industry, in the enterprise resource planning (erp) solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
