Hitachi Solutions India Private Limited

Hitachi Solutions India Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74999TN2013FTC091536 Incorporated 07 June 2013 ROC Chennai HQ Chennai, Tamil Nadu, India
Merged Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹143.51 Cr
▲ 8% YoY
Net profit · FY 2022
₹16 Cr
Net margin 11.2%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹8.05 Cr
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
12
Provident fund records
Directors on board
4
As per MCA filings
GST registrations
6
None active

About Hitachi Solutions India Private Limited

Data last updated:

Hitachi Solutions India Private Limited was a foreign private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Hitachi Solutions America Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 June 2013.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2013FTC091536. The company has 6 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹11 Cr and a paid-up capital of ₹8.05 Cr. It was led by directors including Keiho Akiyama and Kollengode Ananthanarayanan Subramanian (Person Incharge).

Its last annual general meeting (AGM) was held on 15 July 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Block 5 10th Floor DLF IT Park, Chennai, Tamil Nadu.

As per the financials filed for FY 2022, the company reported a revenue of ₹143.51 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹16 Cr (net margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.

The company had about 12 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: Hitachi Solutions. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.

The last known website on record is hitachisolutions.com.

Company details

CIN U74999TN2013FTC091536
Registration Number 091536
Incorporation Date 07 June 2013
ROC Chennai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 15 July 2016
Date of Balance Sheet 31 March 2016
Parent Company Hitachi Solutions America Ltd

Contact details

Hitachi Solutions India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is hitachisolutions.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Block 5 10th Floor DLF IT Park 1/124 Shivaji Gardens Mt Poonamallee Rd, Ramapuram, Chennai, Tamil Nadu, India – 600089
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Hitachi Solutions India Private Limited, buy the company report.

Comprehensive company report
Hitachi 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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Brands

Hitachi Solutions India operates one associated brand: Hitachi Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Application development and consulting services are provided by Hitachi Solutions.hitachi-solutions.com

Business activity

The main business activity of Hitachi Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Hitachi Solutions India Private Limited, buy the company report.

Financials of Hitachi Solutions India Private Limited

FY 2016 filings available

Hitachi Solutions India Private Limited reported revenue of ₹143.51 Cr (up 8% YoY) for FY 2022.

Revenue · FY 2022
₹143.51 Cr ▲ 8%
Net profit · FY 2022
₹16 Cr margin 11.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 8% growth 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16 Cr
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin11.2%
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 Hitachi Solutions India Private Limited, buy the company report.

Board of directors of Hitachi Solutions India Private Limited

Hitachi Solutions India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Toshiyuki FujimuraAdditional Director01 Sep 20179 Years 2 MonthsAs last reported
Kottikal Ambujakshan AbinsamAdditional Director17 Aug 20179 Years 2 MonthsAs last reported
Keiho AkiyamaDirector14 Oct 201412 Years 0 MonthsAs last reported
Kollengode Ananthanarayanan SubramanianPerson Incharge12 Jun 201313 Years 4 MonthsAs last reported

Peer comparison

Hitachi Solutions India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nintec Systems Limited₹144.26 Cr (FY 2025)70.0%Ahmedabad, Gujarat, India
Encora Mobile Innovations India Private Limited₹144.1 Cr (FY 2025)0.0%New Delhi, Delhi, India
Tower Research Capital India Private Limited.₹143.99 Cr (FY 2025)-1.0%Gurugram, Haryana, India
Finiq Consulting India Private Limited₹143.97 Cr (FY 2024)14.0%Pune, Maharashtra, India
Hitachi Solutions India Private Limitedthis company₹143.51 Cr (FY 2022)₹16 Cr11.2%8.0%12Chennai, Tamil Nadu, India
Segula Technologies India Private Limited₹143.33 Cr (FY 2025)10.0%Chennai, Tamil Nadu, India
Coforge Smartserve Limited₹143.2 Cr (FY 2024)41.0%Hyderabad, Telangana, India
Techmojo Solutions Private Limited₹143.03 Cr (FY 2025)20.0%Hyderabad, Telangana, India
Protechmanize Solutions Private Limited₹142.97 Cr (FY 2025)101.0%Thane, Maharashtra, India
Zemoso Technologies Private Limited₹142.58 Cr (FY 2025)7.0%Hyderabad, Telangana, India

To see the full peer comparison of Hitachi Solutions India Private Limited, buy the company report.

Auditor

Hitachi Solutions India Private Limited is audited by S.V. Ghatalia & Associates LLP for the financial year 2016.

Auditor firmFinancial yearFirm registration number
S.V. Ghatalia & Associates LLPFY 2016103162W

Shareholding

The shareholding of Hitachi Solutions India Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hitachi Solutions India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hitachi Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Hitachi Solutions India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
-96.94%

GST

Hitachi Solutions India has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
6
Cancelled / inactive
6

To see the full GST registrations and return filing status of Hitachi Solutions India Private Limited, buy the company report.

Recent activity

Hitachi Solutions India Private Limited has 12 board changes on record since 2013: 4 appointments and 8 cessations. The latest: Kazunori Miyabayashi ceased to be Additional Director on 01 Sep 2017.

Ceased
Kazunori Miyabayashi ceased to be Additional Director.
Appointed
Toshiyuki Fujimura was appointed as Additional Director.
Appointed
Kottikal Ambujakshan Abinsam was appointed as Additional Director.
Ceased
Kollengode Ananthanarayanan Subramanian ceased to be Managing Director.
Ceased
Gopalkrishnan Anantharaman ceased to be Company Secretary.
Ceased
Michael Duane Gillis ceased to be Director.
AGM
Hitachi Solutions India Private Limited last Annual general meeting of members was held on 15 Jul 2016 as per latest MCA records.
Filing
Hitachi Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai.
Ceased
Keiho Akiyama ceased to be Additional Director.
Appointed
Keiho Akiyama was appointed as Director.
Ceased
Masakazu Kuji ceased to be Director.
Ceased
Maria Ferry ceased to be Additional Director.

3 earlier events are in the company report.

Frequently asked questions

Hitachi Solutions India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Hitachi Solutions India was a foreign private limited company based in Chennai, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 07 June 2013 and is registered under CIN U74999TN2013FTC091536. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Hitachi Solutions India was incorporated on 07 June 2013. It is registered with the Registrar of Companies, Chennai.

Hitachi Solutions India had 4 directors:

The CIN (Corporate Identification Number) of Hitachi Solutions India is U74999TN2013FTC091536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Hitachi Solutions India is at Block 5 10th Floor DLF IT Park 1124 Shivaji Gardens Mt Poonamallee Rd, Ramapuram, Chennai, Tamil Nadu, India – 600089.

Hitachi Solutions India can be reached through the website hitachisolutions.com. Its registered office is in Chennai, Tamil Nadu, India.

The latest financial statements of Hitachi Solutions India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 15 July 2016. Year-wise statements from 2015 are in the company report.

No. Hitachi Solutions India has 6 GST registrations on record and all of them are cancelled or inactive.

Hitachi Solutions India operated in the information technology industry, in the IT consulting and support services segment.

The peers of Hitachi Solutions India by revenue are Nintec Systems Limited, Encora Mobile Innovations India Private Limited, Tower Research Capital India Private Limited, Finiq Consulting India Private Limited, Segula Technologies India Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).