About Hitachi Terminal Solutions India Private Limited
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Hitachi Terminal Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Hitachi Channel Solutions, Corp. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29200KA2015FTC083635. Its GSTIN is 29AADCH7410B1ZY (Karnataka).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹100 Cr. It is led by directors including Sivaramane (Managing Director) and Sumil Chandrakant Vikamsey.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹639.73 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹8.08 Cr (net margin 1.3%) and EBITDA of ₹27.19 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 11% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 secondary share transfer); the latest was in July 2022. Its 5 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 2 larger and 3 smaller; the largest is Uno Minda Katolec Electronics Services Private Limited with revenue of ₹759.51 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitachi.co.in.
Company details
Contact details
Hitachi Terminal Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is hitachi.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressS – 704 7th Floor World Trade Center Brigade Gateway Campus No.26/1 Malleswaram Raj, Ajinagar, Bangalore, Karnataka, India – 560055
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Hitachi Terminal Solutions India 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 Hitachi Terminal Solutions India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Hitachi Terminal Solutions India Private Limited, buy the company report.
Financials of Hitachi Terminal Solutions India Private Limited
FY 2025 filings availableHitachi Terminal Solutions India Private Limited reported revenue of ₹639.73 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 48% growth in the latest year. EBITDA rose 38% 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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| EBITDA | ₹27.19 Cr | ||||
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| Net Profit (PAT) | ₹8.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Hitachi Terminal Solutions India Private Limited, buy the company report.
Board of directors of Hitachi Terminal Solutions India Private Limited
Hitachi Terminal Solutions India has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumil Chandrakant Vikamsey | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Sivaramane | Managing Director | 31 Mar 2021 | 5 Years 6 Months | Current |
| Yoshihiro Nakatani | Director | 23 Oct 2015 | 11 Years 0 Months | Current |
| Masanori Irie | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Naoto Otaka | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Hitachi Terminal Solutions India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uno Minda Katolec Electronics Services Private Limited | ₹759.51 Cr (FY 2025) | 13.0% | Delhi, India | |||
| Kaynes Electronics Manufacturing Private Limited | ₹688.47 Cr (FY 2025) | 37.0% | Mysore, Karnataka, India | |||
| Hitachi Terminal Solutions India Private Limitedthis company | ₹639.73 Cr (FY 2025) | ₹8.08 Cr | 1.3% | 48.0% | 74 | Bangalore, Karnataka, India |
| Raneal Advanced Systems Private Limited | ₹626.1 Cr (FY 2025) | 160.0% | Devanahalli, Karnataka, India | |||
| Indic Ems Electronics Private Limited | ₹625.42 Cr (FY 2025) | 71.0% | Doddaballapura, Karnataka, India | |||
| Fldec Systems Private Limited | ₹602.14 Cr (FY 2024) | 26.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Hitachi Terminal Solutions India Private Limited, buy the company report.
Auditor
Hitachi Terminal Solutions India Private Limited is audited by S R BATLIBOI & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & ASSOCIATES LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Hitachi Terminal Solutions India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Hitachi Terminal Solutions India Private Limited, buy the company report.
Deals & funding
Hitachi Terminal Solutions India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in July 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Hitachi Channel Solutions Crop Seller: Hitachi Omron Terminal Solutions Corp |
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 Hitachi Terminal 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
No delayed payments to MSME suppliers are on our record for Hitachi Terminal Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hitachi Terminal Solutions India Private Limited has a workforce of 74 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Hitachi Terminal Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH7410B1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hitachi Terminal Solutions India Private Limited, buy the company report.
Recent activity
Hitachi Terminal Solutions India Private Limited has 14 board changes on record since 2015: 7 appointments and 7 cessations. The latest: Junichi Morita ceased to be Director on 01 Jul 2025.
5 earlier events are in the company report.
Frequently asked questions
Hitachi Terminal Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 October 2015 (11+ years old) and is registered under CIN U29200KA2015FTC083635.
Hitachi Terminal Solutions India has 5 current directors:
- Sivaramane - Managing Director
- Sumil Chandrakant Vikamsey - Director
- Yoshihiro Nakatani - Director
- Masanori Irie - Director
- Naoto Otaka - Director
The latest financial statements of Hitachi Terminal Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 June 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Hitachi Terminal Solutions India is 29AADCH7410B1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Hitachi Terminal Solutions India is U29200KA2015FTC083635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitachi Terminal Solutions India was incorporated on 23 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Hitachi Terminal Solutions India has 1 deal on record (1 secondary share transfer); the latest was in July 2022.
The peers of Hitachi Terminal Solutions India by revenue are Uno Minda Katolec Electronics Services Private Limited, Kaynes Electronics Manufacturing Private Limited, Raneal Advanced Systems Private Limited, Indic Ems Electronics Private Limited, Fldec Systems Private Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Junichi Morita ceased to be Director on 01 Jul 2025. Naoto Otaka was appointed as Director on 01 Jul 2025. Masanori Irie was appointed as Director on 01 Apr 2025. Hitachi Terminal Solutions India has 14 board changes on record in total.
Hitachi Terminal Solutions India can be reached through the website hitachi.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Hitachi Terminal Solutions India is at S – 704 7th Floor World Trade Center Brigade Gateway Campus No.261 Malleswaram Raj, Ajinagar, Bangalore, Karnataka, India – 560055.