About H&M Services Private Limited
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H&M Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of H&M Hennes & Mauritz International Ab,. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020FTC131417. Its GSTIN is 29AAFCH1724C1ZX (Karnataka).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Johan Fredrik Bjorkstedt and Dheeraj Dulhani.
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 Hub 4 Building 12th Floor Karle Town Centre – SEZ 100Ft Kempapura Main Road Nagavara, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2025, the company reported a revenue of ₹301.15 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹43.2 Cr (net margin 14.3%) and EBITDA of ₹45.68 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hm.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHub 4 Building 12th Floor Karle Town Centre – SEZ 100Ft Kempapura Main Road Nagavara, Bangalore, Karnataka, India – 560045
- IndustryInformation Technology, IT Consulting & Support Services
- 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 H&M Services Private Limited
The main business activity of H&M Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 H&M Services Private Limited FY 2025 filings available
H&M Services Private Limited reported revenue of ₹301.15 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of H&M Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 18% growth in the latest year. EBITDA rose 12% 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 H&M Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹45.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹43.2 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 of H&M Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 H&M Services are in the company report.
Financial statements from FY 2020
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 H&M Services Private Limited
H&M Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| People Interactive (India) Private Limited | •••• | •••• | •••• | •••• | 1,584 | Mumbai, Maharashtra, India |
| Nearby Technologies Private Limited | •••• | •••• | •••• | •••• | 846 | Mumbai, Maharashtra, India |
| Oasys Cybernetics Private Limited | •••• | •••• | •••• | •••• | 996 | Chennai, Tamil Nadu, India |
| Tata Business Hub Limited | •••• | •••• | •••• | •••• | 249 | Mumbai, Maharashtra, India |
| Verint Ces India Private Limited | •••• | •••• | •••• | •••• | 661 | Delhi, India |
| H&M Services Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Quick Heal Technologies Limited Listed | •••• | •••• | •••• | •••• | 937 | Pune, Maharashtra, India |
| Smartmile Global Technologies Private Limited | •••• | •••• | •••• | •••• | 128 | Noida, Uttar Pradesh, India |
| Vuchi Media Private Limited | •••• | •••• | •••• | •••• | 2,026 | Hyderabad, Telangana, India |
| Netradyne Technology India Private Limited | •••• | •••• | •••• | •••• | 773 | Bangalore, Karnataka, India |
| Redbrick IT Support Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below H&M Services by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of H&M Services Private Limited
H&M Services Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | 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 H&M Services Private Limited
H&M Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Johan Fredrik Bjorkstedt | Director | 09 Jan 2020 | 6 Years 8 Months | Current |
| Dheeraj Dulhani | Director | 15 Jun 2024 | 2 Years 3 Months | Current |
Ownership and Shareholding of H&M Services 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 H&M Services Private Limited
H&M Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by H&M Services Private Limited
H&M Services Private Limited has 22 MSME Form 1 returns on record between 2020 and 2024, listing 487 overdue payments to 79 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 79)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| GK HR Consulting India Private Limited | •••• | •••• | •••• |
| Global Office Needs | •••• | •••• | •••• |
| Facility Solutions | •••• | •••• | •••• |
| Sunbobba Consulting Services LLP | •••• | •••• | •••• |
| Ample Digital Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 22 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at H&M Services Private Limited
Employment history and EPFO contributions of people linked to H&M Services.
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 H&M Services Private Limited
H&M Services Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Dheeraj Dulhani was appointed as Director on 15 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for H&M Services 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.
Subsidiaries & Group Companies of H&M Services 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 H&M Services Private Limited
H&M Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH1724C1ZX | Karnataka | Active | 17 Jan 2020 |
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 H&M Services 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 H&M Services Private Limited
H&M Services is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 January 2020 (6+ years old) and is registered under CIN U72900KA2020FTC131417.
H&M Services reported revenue of ₹301.15 Cr for FY 2025 (up 18% YoY).
H&M Services has 2 current directors:
- Johan Fredrik Bjorkstedt - Director
- Dheeraj Dulhani - Director
H&M Services reported a net profit of ₹43.2 Cr (net margin 14.3%) and EBITDA of ₹45.68 Cr (EBITDA margin 15.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of H&M Services is 45% over three years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of H&M Services is 29AAFCH1724C1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of H&M Services is U72900KA2020FTC131417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H&M Services was incorporated on 09 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of H&M Services by revenue are People Interactive (India) Private Limited, Nearby Technologies Private Limited, Oasys Cybernetics Private Limited, Tata Business Hub Limited, Verint Ces India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Dheeraj Dulhani was appointed as Director on 15 Jun 2024. Jan Gustaf Karreby ceased to be Whole-Time Director on 15 Jun 2024. Jan Gustaf Karreby was appointed as Whole-Time Director on 24 Jul 2020. H&M Services has 4 board changes on record in total.
H&M Services has 22 MSME Form 1 returns on record between 2020 and 2024, listing 487 overdue payments to 79 micro and small suppliers. The latest return was filed on 30 Apr 2024.
H&M Services can be reached through the website hm.com. Its registered office is in Bangalore, Karnataka, India.