Hiremath Systrain Private Limited
About Hiremath Systrain Private Limited
Data last updated:
Hiremath Systrain Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 30 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1995PTC019080. Its GSTIN is 29AABCH3687A1ZN (Karnataka).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹55 Lakh. It is led by directors Suma Vijaykumar Hiremath and Vijaykumar Basavanneyya Hiremath.
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 54 Devraj Urs Extnbasavan Kudachi Belgaum, Karnataka, India – 590012.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.83 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹10.18 Lakh (net margin -265.9%) and EBITDA of -₹6.79 Lakh (EBITDA margin -177.5%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 27% over five years.
As per MCA filings, the company has satisfied charges of ₹1.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address54 Devraj Urs Extnbasavan Kudachi Belgaum, Karnataka, India – 590012
- IndustryEducation, Corporate Training & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Hiremath Systrain Private Limited
The business activities of Hiremath Systrain are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hiremath Systrain Private Limited FY 2024 filings available
Hiremath Systrain Private Limited reported revenue of ₹3.83 Lakh (down 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hiremath Systrain Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 77% fall in the latest year. EBITDA fell 181% 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 Hiremath Systrain Private Limited
| 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 | -₹6.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.18 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 of Hiremath Systrain Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -177.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -265.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Hiremath Systrain are in the company report.
Financial statements from 2015
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.
Peer Comparison of Hiremath Systrain Private Limited
Hiremath Systrain Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axplore Abroad Studies Consulting Private Limited | ₹3.87 Lakh (FY 2024) | •••• | •••• | 268.0% | •••• | Delhi, India |
| Saral Infotech Solutions Limited | ₹3.86 Lakh (FY 2018) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Priest International Services Private Limited | ₹3.86 Lakh (FY 2018) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Proed Training Private Limited | ₹3.85 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Cerka Solutions Private Limited | ₹3.83 Lakh (FY 2023) | •••• | •••• | -54.0% | •••• | Mumbai, Maharashtra, India |
| Hiremath Systrain Private Limited this company | ₹3.83 Lakh (FY 2024) | •••• | •••• | -77.0% | •••• | Belgaum, Karnataka, India |
| Icocoon Private Limited | ₹3.8 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Muzaffarpur, Bihar, India |
| Jagdamba Higher and Technical Education Foundation | ₹3.79 Lakh (FY 2025) | •••• | •••• | 355.0% | •••• | Lucknow, Uttar Pradesh, India |
| Tushhayanti Computer Services Private Limited | ₹3.78 Lakh (FY 2017) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Ofa Strategy Train Academy Private Limited | ₹3.78 Lakh (FY 2023) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Upgradeprep Consulting Private Limited | ₹3.77 Lakh (FY 2020) | •••• | •••• | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Hiremath Systrain by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hiremath Systrain Private Limited
Hiremath Systrain Private Limited is audited by C.A. ARALIMATTI & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C.A. ARALIMATTI & CO. | 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 Hiremath Systrain Private Limited
Hiremath Systrain has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suma Vijaykumar Hiremath | Director | 30 Oct 1995 | 30 Years 11 Months | Current |
| Vijaykumar Basavanneyya Hiremath | Director | 30 Oct 1995 | 30 Years 11 Months | Current |
Ownership and Shareholding of Hiremath Systrain 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 Hiremath Systrain Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2000 | Ksfc | ₹65 Lakh | Satisfied |
| 30 Sep 1996 | K S F C | ₹7.65 Lakh | Satisfied |
| 29 Feb 1996 | Ksfc | ₹23.8 Lakh | Satisfied |
| 29 Feb 1996 | K S F C | ₹23.8 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Hiremath Systrain Private Limited
Employment history and EPFO contributions of people linked to Hiremath Systrain.
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 Hiremath Systrain Private Limited
Hiremath Systrain Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Suma Vijaykumar Hiremath was appointed as Director on 30 Oct 1995.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hiremath Systrain 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 Hiremath Systrain 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 Hiremath Systrain 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 Hiremath Systrain Private Limited
Hiremath Systrain has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH3687A1ZN | Karnataka | Active | 01 Jul 2017 |
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 Hiremath Systrain 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 Hiremath Systrain Private Limited
Hiremath Systrain is an active private limited company based in Belgaum, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 30 October 1995 (31+ years old) and is registered under CIN U72200KA1995PTC019080.
Hiremath Systrain reported revenue of ₹3.83 Lakh for FY 2024 (down 77% YoY).
Hiremath Systrain has 2 current directors:
- Suma Vijaykumar Hiremath - Director
- Vijaykumar Basavanneyya Hiremath - Director
Hiremath Systrain reported a net loss of ₹10.18 Lakh (net margin -265.9%) and EBITDA of -₹6.79 Lakh (EBITDA margin -177.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hiremath Systrain is -24% over three years and -27% over five years. In the latest year (FY 2024) revenue fell 77%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hiremath Systrain is 29AABCH3687A1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Hiremath Systrain is U72200KA1995PTC019080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hiremath Systrain was incorporated on 30 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hiremath Systrain by revenue are Axplore Abroad Studies Consulting Private Limited, Saral Infotech Solutions Limited, Priest International Services Private Limited, Proed Training Private Limited, Cerka Solutions Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Suma Vijaykumar Hiremath was appointed as Director on 30 Oct 1995. Vijaykumar Basavanneyya Hiremath was appointed as Director on 30 Oct 1995.
The registered office of Hiremath Systrain is at 54 Devraj Urs Extnbasavan Kudachi Belgaum, Karnataka, India – 590012.