Honney Way Technology Private Limited
About Honney Way Technology Private Limited
Data last updated:
Honney Way Technology Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC097337. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jigneshkumar Kanaiyalal Bhavsar and Shital Jignesh Bhavsar.
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 S – 5 Anup Arcade Nr. G.E.B Visanagar Road Tl – Mehsana, Gujarat, India – 382825.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.4 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹7,775 (net margin 1.8%) and EBITDA of ₹10,515 (EBITDA margin 2.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressS – 5 Anup Arcade Nr. G.E.B Visanagar Road Tl – Mehsana, Gujarat, India – 382825
- IndustryAgriculture, Agro Retail & Distribution
- 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 Honney Way Technology Private Limited
The main business activity of Honney Way Technology 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 Honney Way Technology Private Limited FY 2025 filings available
Honney Way Technology Private Limited reported revenue of ₹4.4 Lakh (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Honney Way Technology Private Limited
Revenue fell 25% in the latest year. EBITDA fell 18% 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 Honney Way Technology 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 | ₹10,515 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7,775 | •••• | •••• | •••• | •••• |
| 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 Honney Way Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Honney Way Technology are in the company report.
Financial statements from FY 2018
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.
Board of Directors of Honney Way Technology Private Limited
Honney Way Technology has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigneshkumar Kanaiyalal Bhavsar | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
| Shital Jignesh Bhavsar | Director | 05 Feb 2019 | 7 Years 8 Months | Current |
Peer Comparison of Honney Way Technology Private Limited
Honney Way Technology Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astute Software Private Limited | ₹4.4 Lakh (FY 2020) | •••• | •••• | -56.0% | •••• | Mumbai, Maharashtra, India |
| Pearl CSC Farmer Producer Company Limited | ₹4.4 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Lalitpur, Uttar Pradesh, India |
| Earthkranti Farmer Producer Company Limited | ₹4.4 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Beed, Maharashtra, India |
| New Nadia Women Farmers Producer Company Limited | ₹4.4 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Nadia, West Bengal, India |
| Maksarad Agrotech Producer Company Limited | ₹4.4 Lakh (FY 2024) | •••• | •••• | 128.0% | •••• | Jalna, Maharashtra, India |
| Honney Way Technology Private Limited this company | ₹4.4 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Mehsana, Gujarat, India |
| Negilu Thotagaarike Farmer Producer Company Limited | ₹4.39 Lakh (FY 2023) | •••• | •••• | •••• | Kolar, Karnataka, India | |
| Agrigate Farm Equipments Private Limited | ₹4.39 Lakh (FY 2023) | •••• | •••• | •••• | Hapur, Uttar Pradesh, India | |
| Ekaart Digital Systems Private Limited | ₹4.39 Lakh (FY 2018) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Rosalsoft Technologies Private Limited (OPC) | ₹4.39 Lakh (FY 2017) | •••• | •••• | 39.0% | •••• | Bangalore, Karnataka, India |
| Vizigro Services Private Limited | ₹4.39 Lakh (FY 2024) | •••• | •••• | -72.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Honney Way Technology by revenue in the Agriculture industry (Agro Retail and Distribution, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Honney Way Technology 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 Honney Way Technology Private Limited
Honney Way Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Honney Way Technology Private Limited
Employment history and EPFO contributions of people linked to Honney Way Technology.
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 Honney Way Technology Private Limited
Honney Way Technology Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Pratik Chandrashekhar Shrivastav ceased to be Director on 05 Feb 2019.
Credit Ratings, Litigation & Regulatory Alerts for Honney Way Technology 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.
MSME Payment Delays by Honney Way Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Honney Way Technology 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 Honney Way Technology Private Limited
Honney Way Technology has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Honney Way Technology 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 Honney Way Technology Private Limited
Honney Way Technology is an active private limited company based in Mehsana, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC097337.
Honney Way Technology reported revenue of ₹4.4 Lakh for FY 2025 (down 25% YoY).
Honney Way Technology has 2 current directors:
- Jigneshkumar Kanaiyalal Bhavsar - Director
- Shital Jignesh Bhavsar - Director
Honney Way Technology reported a net profit of ₹7,775 (net margin 1.8%) and EBITDA of ₹10,515 (EBITDA margin 2.4%) for FY 2025, as per its filed financial statements.
No. Honney Way Technology has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Honney Way Technology is U72900GJ2017PTC097337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honney Way Technology was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Honney Way Technology by revenue are Astute Software Private Limited, Pearl CSC Farmer Producer Company Limited, Earthkranti Farmer Producer Company Limited, New Nadia Women Farmers Producer Company Limited, Maksarad Agrotech Producer Company Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution, IT Consulting and Services).
Pratik Chandrashekhar Shrivastav ceased to be Director on 05 Feb 2019. Shital Jignesh Bhavsar was appointed as Director on 05 Feb 2019. Jignesh Pravinkumar Parmar ceased to be Director on 01 Jan 2019. Honney Way Technology has 6 board changes on record in total.
The registered office of Honney Way Technology is at S – 5 Anup Arcade Nr. G.E.B Visanagar Road Tl – Mehsana, Gujarat, India – 382825.
Honney Way Technology has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.