MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0091807
Hittites Technology India Limited
Hittites Technology India Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.37 Cr
▲ 694% YoY
Net profit · FY 2024
₹31.25 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹47.1 Lakh
EBITDA margin 7.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
11
Provident fund records
About Hittites Technology India Limited
Data last updated:
Hittites Technology India Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 20 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29100KA2019PLC129862. Its GSTIN is 29AAFCH1123H1ZU (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Raghavendraswamy Thriyour Venkataramaiah (Managing Director) and Shobharani Munirajaiah.
Its last annual general meeting (AGM) was held on 30 September 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 2024, the company reported a revenue of ₹6.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.25 Lakh (net margin 4.9%) and EBITDA of ₹47.1 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 354% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record.
Hittites Technology India Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0091807). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Hittites Technology India Limited
CIN U29100KA2019PLC129862
Registration Number 129862
Incorporation Date 20 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0091807
Key People
Raghavendraswamy Thriyour Venkataramaiah Managing Director Shobharani Munirajaiah Director Raj Kumar Director Recognitions & Rankings of Hittites Technology India
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address#73 Ground Floor S.G. Kaval H.G.Halli 19th Cross, Doddanna Industrial Estate Peenya 2nd Stage, Bangalore, Karnataka, India – 560091
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
Comprehensive company report
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Business Activity of Hittites Technology India Limited
The main business activity of Hittites Technology India is manufacturing. In detail, this covers other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Hittites Technology India Limited FY 2025 filings available
Hittites Technology India Limited reported revenue of ₹6.37 Cr (up 694% YoY) for FY 2024.
Revenue · FY 2024
₹6.37 Cr ▲ 694%
Net profit · FY 2024
₹31.25 Lakh margin 4.9%
EBITDA · FY 2024
₹47.1 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR) of Hittites Technology India Limited
Revenue CAGR growth
1 year
▲ 694%
3 years · compounded
▲ 354%
EBITDA CAGR growth
1 year
▲ 839%
3 years · compounded
▲ 179%
Revenue has grown at a compounded annual rate (CAGR) of 354% over three years, including 694% growth in the latest year. EBITDA rose 839% 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 Hittites Technology India 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 | ₹47.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.25 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 Hittites Technology India Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 Hittites Technology India are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Hittites Technology India Limited
Hittites Technology India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavendraswamy Thriyour Venkataramaiah Also directs: Team Thermoform India Private Limited | Managing Director | 20 Nov 2019 | 6 Years 11 Months | Current |
| Shobharani Munirajaiah | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
| Raj Kumar Also directs: Rheology Advanced Systems Private Limited | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Peer Comparison of Hittites Technology India Limited
Hittites Technology India Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Detriv Instrumentation and Electronics Private Limited | ₹6.58 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Emco Electronics LLP | ₹6.56 Cr (FY 2021) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Gennext Lab Technologies Private Limited | ₹6.49 Cr (FY 2022) | •••• | •••• | 17.0% | •••• | Delhi, India |
| T K T Water Meters Private Limited | ₹6.4 Cr (FY 2024) | •••• | •••• | 176.0% | •••• | Coimbatore, Tamil Nadu, India |
| Caltech Instruments Private Limited | ₹6.37 Cr (FY 2024) | •••• | •••• | 13330.0% | •••• | Mumbai, Maharashtra, India |
| Hittites Technology India Limited this company | ₹6.37 Cr (FY 2024) | •••• | •••• | 694.0% | •••• | Bangalore, Karnataka, India |
| Calibromeasure Equipments Private Limited | ₹6.25 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Aurangabad, Maharashtra, India |
| Claro Filtration Private Limited | ₹6.24 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Navsari, Gujarat, India |
| A.S.I. Sales Private Limited | ₹6.21 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Delmos Research Private Limited | ₹6.18 Cr (FY 2024) | •••• | •••• | 78.0% | •••• | Gurgaon, Haryana, India |
| Katakkar Engineering Private Limited | ₹6.15 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hittites Technology India by revenue in the Machinery and Equipment industry (Testing Equipment), 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 Hittites Technology India Limited
Hittites Technology India Limited is audited by SUSENDRA SHETTY & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUSENDRA SHETTY & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Hittites Technology India Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Hittites Technology India Limited
Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2025 | Canara Bank | ₹3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Hittites Technology India Limited
Employment history and EPFO contributions of people linked to Hittites Technology India.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Hittites Technology India Limited
Hittites Technology India Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Raghavendraswamy Thriyour Venkataramaiah ceased to be Director on 11 Nov 2025.
Charges
A charge with Canara Bank amounted to Rs. 300.00 Lakh with Charge ID 101230101 was registered on 18 Dec 2025.
Ceased
Raghavendraswamy Thriyour Venkataramaiah ceased to be Director.
AGM
Hittites Technology India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hittites Technology India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Raj Kumar was appointed as Director.
Ceased
Shashidhara Shetty ceased to be Director.
Ceased
Shashidhara Shetty Spoorthi ceased to be Director.
Appointed
Raghavendraswamy Thriyour Venkataramaiah was appointed as Managing Director.
Appointed
Shobharani Munirajaiah was appointed as Director.
Incorporation
20 Nov 2019
Hittites Technology India Limited was registered on 20 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Hittites Technology India Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Hittites Technology India Limited
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Subsidiaries & Group Companies of Hittites Technology India Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Hittites Technology India Limited
Hittites Technology India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH1123H1ZU | Karnataka | Active | 18 Dec 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Hittites Technology India Limited
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MCA filings and documents
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Frequently Asked Questions about Hittites Technology India Limited
Hittites Technology India is an active public limited company based in Bangalore, Karnataka, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 20 November 2019 (7+ years old) and is registered under CIN U29100KA2019PLC129862.
Hittites Technology India reported revenue of ₹6.37 Cr for FY 2024 (up 694% YoY).
Hittites Technology India has 3 current directors:
- Raghavendraswamy Thriyour Venkataramaiah - Managing Director
- Shobharani Munirajaiah - Director
- Raj Kumar - Director
Hittites Technology India reported a net profit of ₹31.25 Lakh (net margin 4.9%) and EBITDA of ₹47.1 Lakh (EBITDA margin 7.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hittites Technology India is 354% over three years. In the latest year (FY 2024) revenue rose 694%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hittites Technology India is 29AAFCH1123H1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Hittites Technology India is U29100KA2019PLC129862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hittites Technology India was incorporated on 20 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hittites Technology India by revenue are Detriv Instrumentation and Electronics Private Limited, Emco Electronics LLP, Gennext Lab Technologies Private Limited, T K T Water Meters Private Limited, Caltech Instruments Private Limited and 5 more, all in the Machinery and Equipment industry (Testing Equipment).
Raghavendraswamy Thriyour Venkataramaiah ceased to be Director on 11 Nov 2025. Raj Kumar was appointed as Director on 31 Mar 2023. Shashidhara Shetty ceased to be Director on 31 Mar 2023. Hittites Technology India has 6 board changes on record in total.
Yes, Hittites Technology India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0091807).