MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0182037
Honesty Telecom (India) Private Limited
Honesty Telecom (India) Private Limited - telecom in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.5 Cr
▲ 109% YoY
Net profit · FY 2025
₹34.13 Lakh
Net margin 9.7%
EBITDA · FY 2025
₹36.37 Lakh
EBITDA margin 10.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
16
Provident fund records
Directors on board
2
As per MCA filings
About Honesty Telecom (India) Private Limited
Data last updated:
Honesty Telecom (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 20 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64201MH2010PTC207929. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Vasudeo Thakur and Jitendra Dattatray Ghadigaonkar.
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 A – 2009 Station Plaza Station Road Bhandup (West), Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.5 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹34.13 Lakh (net margin 9.7%) and EBITDA of ₹36.37 Lakh (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 51% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
Honesty Telecom (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0182037). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U64201MH2010PTC207929
Registration Number 207929
Incorporation Date 20 September 2010
ROC Mumbai
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-MH-18-0182037
Recognitions & Rankings of Honesty Telecom (India)
Contact details
Honesty Telecom (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA – 2009 Station Plaza Station Road Bhandup (West), Mumbai, Maharashtra, India – 400078
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Honesty Telecom (India) Private Limited, buy the company report.
Comprehensive company report
Honesty Telecom (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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Honesty Telecom (India) is information and communication. In detail, this covers telecommunications.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 61 | Telecommunications |
To see the full business activity and turnover split of Honesty Telecom (India) Private Limited, buy the company report.
Financials of Honesty Telecom (India) Private Limited
FY 2025 filings availableHonesty Telecom (India) Private Limited reported revenue of ₹3.5 Cr (up 109% YoY) for FY 2025.
Revenue · FY 2025
₹3.5 Cr ▲ 109%
Net profit · FY 2025
₹34.13 Lakh margin 9.7%
EBITDA · FY 2025
₹36.37 Lakh margin 10.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 109%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▲ 209%
3 years · compounded
▲ 548%
5 years · compounded
▲ 120%
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 109% growth in the latest year. EBITDA rose 209% 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 |
|---|---|---|---|---|---|
| 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 | ₹36.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.13 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 9.7% | ||||
| 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 Honesty Telecom (India) Private Limited, buy the company report.
Board of directors of Honesty Telecom (India) Private Limited
Honesty Telecom (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Vasudeo Thakur | Director | 20 Sep 2010 | 16 Years 1 Months | Current |
| Jitendra Dattatray Ghadigaonkar | Director | 20 Sep 2010 | 16 Years 1 Months | Current |
Auditor
Honesty Telecom (India) Private Limited is audited by S D SATAM & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D SATAM & CO | FY 2020 | 118302W |
Shareholding
The shareholding of Honesty Telecom (India) Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Honesty Telecom (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Honesty Telecom (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 Honesty Telecom (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honesty Telecom (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Honesty Telecom (India) Private Limited, buy the company report.
Recent activity
Honesty Telecom (India) Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Jitendra Dattatray Ghadigaonkar was appointed as Director on 20 Sep 2010.
AGM
Honesty Telecom (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Honesty Telecom (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Jitendra Dattatray Ghadigaonkar was appointed as Director.
Appointed
Suresh Vasudeo Thakur was appointed as Director.
Incorporation
20 Sep 2010
Honesty Telecom (India) Private Limited was registered on 20 Sep 2010 with Roc Mumbai I & aged 16 years 1 month as per MCA records.
Frequently asked questions
Honesty Telecom (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 20 September 2010 (16+ years old) and is registered under CIN U64201MH2010PTC207929.
Honesty Telecom (India) has 2 current directors:
- Suresh Vasudeo Thakur - Director
- Jitendra Dattatray Ghadigaonkar - Director
The latest financial statements of Honesty Telecom (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Honesty Telecom (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Honesty Telecom (India) is U64201MH2010PTC207929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honesty Telecom (India) was incorporated on 20 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Jitendra Dattatray Ghadigaonkar was appointed as Director on 20 Sep 2010. Suresh Vasudeo Thakur was appointed as Director on 20 Sep 2010.
Yes, Honesty Telecom (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0182037).
The registered office of Honesty Telecom (India) is at A – 2009 Station Plaza Station Road Bhandup West, Mumbai, Maharashtra, India – 400078.
Honesty Telecom (India) operates in the telecom industry, in the isp and broadband services segment.