MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0021624
Hortifal Services Private Limited - business outsourcing in Gangapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹13.62 Lakh
▼ 88% YoY
Net loss · FY 2023
₹2.91 Lakh
Net margin -21.3%
EBITDA · FY 2023
-₹50,074
EBITDA margin -3.7%
Authorised capital
₹4.06 Cr
Registered with MCA
Paid-up capital
₹4.06 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Hortifal Services Private Limited
Data last updated:
Hortifal Services Private Limited is a private limited company based in Gangapur, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 07 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01110MH2020PTC345455. Its GSTIN is 27AAFCH4264B1ZU (Maharashtra).
The company has an authorised share capital of ₹4.06 Cr and a paid-up capital of ₹4.06 Cr. It is led by directors Anup Subhash Karwa and Megha Sagar Zanvar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gut No. 261/2, Bhiv – Dhanora Tq Gangapur, Maharashtra, India – 431109.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.62 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹2.91 Lakh (net margin -21.3%) and EBITDA of -₹50,074 (EBITDA margin -3.7%).
Its group structure includes 1 subsidiary.
Hortifal Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0021624). For more details, the company can be reached via its website hortifal.in.
Company details
CIN U01110MH2020PTC345455
Registration Number 345455
Incorporation Date 07 September 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0021624
Recognitions & Rankings of Hortifal Services
Contact details
Hortifal Services Private Limited's registered office is in Gangapur, Maharashtra. Its website is hortifal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGut No. 261/2, Bhiv – Dhanora Tq Gangapur, Maharashtra, India – 431109
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Hortifal Services Private Limited, buy the company report.
Comprehensive company report
Hortifal Services 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
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Business activity
The main business activity of Hortifal Services is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Hortifal Services Private Limited, buy the company report.
Financials of Hortifal Services Private Limited
FY 2023 filings availableHortifal Services Private Limited reported revenue of ₹13.62 Lakh (down 88% YoY) for FY 2023.
Revenue · FY 2023
₹13.62 Lakh ▼ 88%
Net loss · FY 2023
₹2.91 Lakh margin -21.3%
EBITDA · FY 2023
-₹50,074 margin -3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 88%
EBITDA CAGR growth
1 year
▲ 100%
Revenue fell 88% in the latest year. EBITDA rose 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹13.62 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹50,074 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.91 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -3.7% | ||
| Net Profit Margin | -21.3% | ||
| 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 | |||
To see the full financial statements and ratios of Hortifal Services Private Limited, buy the company report.
Board of directors of Hortifal Services Private Limited
Hortifal Services has 2 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 |
|---|---|---|---|---|
| Anup Subhash Karwa Also directs: Grobanana Private Limited, Botagnix Private Limited | Director | 07 Sep 2020 | 6 Years 1 Months | Current |
| Megha Sagar Zanvar Also directs: Grobanana Private Limited | Director | 16 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Hortifal Services Private Limited is audited by C.V. CHITALE & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.V. CHITALE & CO. | FY 2023 | 126338W |
Shareholding
The shareholding of Hortifal Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hortifal Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hortifal Services 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
Hortifal Services Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shrikrishna Motor | |||
| MG Advisors India LLP | |||
| Aakash Agencies | |||
| an individual supplier |
To see the full MSME payment records of Hortifal Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hortifal Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Grobanana Private Limited | U01100PB2018PTC052560 |
To see the full group structure of Hortifal Services Private Limited, buy the company report.
Employees & EPFO
Hortifal Services Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Hortifal Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH4264B1ZU | Maharashtra | Active | 20 May 2021 |
To see the full GST registrations and return filing status of Hortifal Services Private Limited, buy the company report.
Recent activity
Hortifal Services Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Megha Sagar Zanvar ceased to be Additional Director on 30 Sep 2022.
AGM
Hortifal Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Hortifal Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Megha Sagar Zanvar ceased to be Additional Director.
Appointed
Megha Sagar Zanvar was appointed as Director.
Ceased
Sagar Zanvar ceased to be Director.
Ceased
Ramakant Heda ceased to be Additional Director.
Appointed
Anup Subhash Karwa was appointed as Director.
Incorporation
07 Sep 2020
Hortifal Services Private Limited was registered on 07 Sep 2020 with Roc Mumbai & aged 6 years 1 month as per MCA records.
Frequently asked questions
Hortifal Services is an active private limited company based in Gangapur, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 07 September 2020 (6+ years old) and is registered under CIN U01110MH2020PTC345455.
Hortifal Services has 2 current directors:
- Anup Subhash Karwa - Director
- Megha Sagar Zanvar - Director
The latest financial statements of Hortifal Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Hortifal Services is 27AAFCH4264B1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hortifal Services is U01110MH2020PTC345455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hortifal Services was incorporated on 07 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Megha Sagar Zanvar ceased to be Additional Director on 30 Sep 2022. Megha Sagar Zanvar was appointed as Director on 16 Dec 2021. Sagar Zanvar ceased to be Director on 16 Dec 2021. Hortifal Services has 5 board changes on record in total.
Yes, Hortifal Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0021624).
Hortifal Services has 3 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Oct 2022.
Hortifal Services can be reached through the website hortifal.in. Its registered office is in Gangapur, Maharashtra, India.
The registered office of Hortifal Services is at Gut No. 2612, Bhiv – Dhanora Tq Gangapur, Maharashtra, India – 431109.