MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0008124
Howd Innovations Private Limited - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹221.91 Cr
▲ 198% YoY
Net profit · FY 2025
₹19.02 Cr
Net margin 8.6%
EBITDA · FY 2025
₹26.72 Cr
EBITDA margin 12%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹36.82 Cr
Satisfied ₹7.49 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
1
Provident fund records
About Howd Innovations Private Limited
Data last updated:
Howd Innovations Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2019PTC110632. Its GSTIN is 24AAFCH0931H1ZY (Gujarat). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shalin Lalitkumar Botadra and Manojbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹221.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.02 Cr (net margin 8.6%) and EBITDA of ₹26.72 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 139% over three years and 285% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.82 Cr and satisfied charges of ₹7.49 Cr on record.
Howd Innovations Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0008124). For more details, the company can be reached via its website howd.in.
Company Details of Howd Innovations Private Limited
CIN U29309GJ2019PTC110632
Registration Number 110632
Incorporation Date 04 November 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0008124
Recognitions & Rankings of Howd Innovations
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered Address10th Floor A – 10002 Times Square Arcade – II, Nr. Avalon Hotel Opp. Mann Party Plot Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
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Business Activity of Howd Innovations Private Limited
The main business activity of Howd Innovations is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Howd Innovations Private Limited FY 2024 filings available
Howd Innovations Private Limited reported revenue of ₹221.91 Cr (up 198% YoY) for FY 2025.
Revenue · FY 2025
₹221.91 Cr ▲ 198%
Net profit · FY 2025
₹19.02 Cr margin 8.6%
EBITDA · FY 2025
₹26.72 Cr margin 12%
Compounded Annual Growth Rate (CAGR) of Howd Innovations Private Limited
Revenue CAGR growth
1 year
▲ 198%
3 years · compounded
▲ 139%
5 years · compounded
▲ 285%
EBITDA CAGR growth
1 year
▲ 667%
3 years · compounded
▲ 359%
5 years · compounded
▲ 306%
Revenue has grown at a compounded annual rate (CAGR) of 285% over five years, including 198% growth in the latest year. EBITDA rose 667% 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 Howd Innovations 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 | ₹26.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.02 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 Howd Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.6% | •••• | •••• | •••• | •••• |
| 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 Howd Innovations are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Howd Innovations Private Limited
Howd Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalin Lalitkumar Botadra Also directs: Prisha Engineers Private Limited | Director | 04 Nov 2019 | 6 Years 11 Months | Current |
| Manojbhai Patel | Director | 04 Nov 2019 | 6 Years 11 Months | Current |
Peer Comparison of Howd Innovations Private Limited
Howd Innovations Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TSMT Technology (India) Private Limited | ₹235.87 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Creative Hitech Private Limited | ₹232.37 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Penguin Electronics Private Limited | ₹228.39 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Wybor Tech Private Limited | ₹222.58 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Dowells Cable Accessories Private Limited | ₹222.32 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Halol, Gujarat, India |
| Howd Innovations Private Limited this company | ₹221.91 Cr (FY 2025) | •••• | •••• | 198.0% | •••• | Ahmedabad, Gujarat, India |
| Junna Solar Systems Limited | ₹221.91 Cr (FY 2025) | •••• | •••• | 156.0% | •••• | Hyderabad, Telangana, India |
| Erd Technologies Private Limited | ₹221.71 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Genone Optech Private Limited | ₹220.84 Cr (FY 2023) | •••• | •••• | -28.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Maya Appliances Private Limited | ₹216.95 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Kanchipuram, Tamil Nadu, India |
| Mantra Industries Limited | ₹216.64 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Howd Innovations by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Howd Innovations Private Limited
Howd Innovations Private Limited is audited by V S S B & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V S S B & Associates | 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 Howd Innovations Private 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 Howd Innovations Private Limited
Open charges
₹36.82 Cr
Satisfied charges
₹7.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2025 | Yes Bank Limited | ₹36.82 Cr | Open |
| 29 Jun 2023 | Others | ₹4.9 Cr | Satisfied |
| 10 Jun 2022 | Axis Bank Limited | ₹2.1 Cr | Satisfied |
| 18 Feb 2022 | Axis Bank Limited | ₹49 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Howd Innovations Private Limited
Howd Innovations Private Limited has a workforce of 1 employees as of Apr 09, 2024.
Employee count
1
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Howd Innovations Private Limited
Howd Innovations Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Pulkita Shalin Botadra ceased to be Director on 19 Jan 2023.
Charges
A charge registered on 18 Feb 2022 via Charge ID 100538717 with Axis Bank Limited was fully satisfied on 10 Nov 2025.
Charges
A charge with Yes Bank Limited of Rs. 3,682.00 Lakh registered on 08 Jan 2025 with Charge ID 101043236 was modified on 15 Oct 2025.
Charges
A charge registered on 29 Jun 2023 via Charge ID 100751796 with Others was fully satisfied on 27 Mar 2025.
Charges
A charge registered on 10 Jun 2022 via Charge ID 100592729 with Axis Bank Limited was fully satisfied on 26 Mar 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 3,682.00 Lakh with Charge ID 101043236 was registered on 08 Jan 2025.
AGM
Howd Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 490.00 Lakh registered on 29 Jun 2023 with Charge ID 100751796 was modified on 15 Jul 2024.
Filing
Howd Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 490.00 Lakh with Charge ID 100751796 was registered on 29 Jun 2023.
Ceased
Pulkita Shalin Botadra ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 210.00 Lakh with Charge ID 100592729 was registered on 10 Jun 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 49.00 Lakh with Charge ID 100538717 was registered on 18 Feb 2022.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Howd Innovations Private Limited
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MSME Payment Delays by Howd Innovations Private Limited
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Subsidiaries & Group Companies of Howd Innovations Private Limited
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Corporate group structure
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GST Compliance of Howd Innovations Private Limited
Howd Innovations has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCH0931H1ZY | Gujarat | Active | 04 Dec 2019 |
| 24AAFCH0931H2ZX | Gujarat | Active | 01 May 2025 |
| 33AAFCH0931H1ZZ | Tamil Nadu | Active | 20 Feb 2024 |
| 09AAFCH0931H1ZQ | Uttar Pradesh | Active | 09 May 2024 |
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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 Howd Innovations Private Limited
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Frequently Asked Questions about Howd Innovations Private Limited
Howd Innovations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 November 2019 (7+ years old) and is registered under CIN U29309GJ2019PTC110632.
Howd Innovations reported revenue of ₹221.91 Cr for FY 2025 (up 198% YoY).
Howd Innovations has 2 current directors:
- Shalin Lalitkumar Botadra - Director
- Manojbhai Patel - Director
Howd Innovations reported a net profit of ₹19.02 Cr (net margin 8.6%) and EBITDA of ₹26.72 Cr (EBITDA margin 12%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Howd Innovations is 139% over three years and 285% over five years. In the latest year (FY 2025) revenue rose 198%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Howd Innovations is 24AAFCH0931H1ZY, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAFCH0931H2ZX (Gujarat), 33AAFCH0931H1ZZ (Tamil Nadu), 09AAFCH0931H1ZQ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Howd Innovations is U29309GJ2019PTC110632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Howd Innovations was incorporated on 04 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Howd Innovations by revenue are TSMT Technology (India) Private Limited, Creative Hitech Private Limited, Penguin Electronics Private Limited, Wybor Tech Private Limited, Dowells Cable Accessories Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Pulkita Shalin Botadra ceased to be Director on 19 Jan 2023. Manojbhai Patel was appointed as Director on 04 Nov 2019. Shalin Lalitkumar Botadra was appointed as Director on 04 Nov 2019.
Yes, Howd Innovations is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0008124).