About HRS Process Systems Limited
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HRS Process Systems Limited is a public limited company based in Pune City, Maharashtra, India, a subsidiary of Hrs International Limited. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29198PN2003PLC017846. Its GSTIN is 27AABCH2679G1ZH (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹54.56 Lakh. It was formerly known as Hrs Process Systems Private Limited. It is led by directors including Rajendra Kantrao Dawkar (Whole-Time Director) and Naresh Ramjilal Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune City, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹194.39 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹17.28 Cr (net margin 8.9%) and EBITDA of ₹27.8 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company has about 192 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HRS Process Systems. As per MCA filings, the company has open charges of ₹36 Cr and satisfied charges of ₹38.78 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hrsasia.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address3rd Floor Kalpataru Infinia F.P. No. 21, Old Mumbai – Pune Highway Wakdewadi Shivajinagar Pune, Pune City, Maharashtra, India – 411005
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
CIN History of HRS Process Systems Limited
HRS Process Systems has one previous CIN (Corporate Identification Number): U29198PN2003PTC017846. The current CIN is U29198PN2003PLC017846, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29198PN2003PLC017846 | Current |
| U29198PN2003PTC017846 | Previous |
Associated Brands with HRS Process Systems Limited
HRS Process Systems operates one associated brand: HRS Process Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Heat exchanger manufacturing and food processing systems in India. | hrsasia.co.in |
Business Activity of HRS Process Systems Limited
The main business activity of HRS Process Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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.
Auditor Details of HRS Process Systems Limited
HRS Process Systems Limited is audited by NANIWADEKAR & Co . for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NANIWADEKAR & Co . | 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 HRS Process Systems Limited
HRS Process Systems has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Kantrao Dawkar | Whole-Time Director | 24 Mar 2009 | 17 Years 6 Months | Current |
| Vikas Yashwant Khare Also directs: Kanj & Co. LLP, C-Ace Governance Solutions Private Limited | Director | 08 Mar 2019 | 7 Years 6 Months | Current |
| Vasudeo Murlidhar Yadwad | Director | 08 Mar 2019 | 7 Years 6 Months | Current |
| Naresh Ramjilal Agarwal | Whole-Time Director | 01 Oct 2018 | 8 Years 0 Months | Current |
| John Allen Thomas | Director | 20 Jul 2021 | 5 Years 2 Months | Current |
| David Simon Williamson | Director | 20 Jul 2021 | 5 Years 2 Months | Current |
Financials of HRS Process Systems Limited FY 2025 filings available
HRS Process Systems Limited reported revenue of ₹194.39 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HRS Process Systems Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 45% 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 HRS Process Systems Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹194.39 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹27.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.28 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of HRS Process Systems Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.9% | •••• | •••• | •••• | •••• |
| 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 HRS Process Systems are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of HRS Process Systems 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 HRS Process Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2022 | The Hongkong and Shanghai Banking Corporation Limited | ₹36 Cr | Open |
| 22 Nov 2006 | State Bank of India | ₹38.78 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at HRS Process Systems Limited
HRS Process Systems Limited has a workforce of 192 employees as of Jul 17, 2024.
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.
GST Compliance of HRS Process Systems Limited
HRS Process Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH2679G1ZH | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for HRS Process Systems 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 HRS Process Systems 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 HRS Process Systems 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.
MCA Filings & Documents of HRS Process Systems 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.
Recent Activity on HRS Process Systems Limited
Recent News on HRS Process Systems Limited
Frequently Asked Questions about HRS Process Systems Limited
HRS Process Systems is an active public limited company based in Pune City, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 01 April 2003 (23+ years old) and is registered under CIN U29198PN2003PLC017846.
HRS Process Systems reported revenue of ₹194.39 Cr for FY 2025 (down 32% YoY).
HRS Process Systems has 8 current directors:
- Rajendra Kantrao Dawkar - Whole-Time Director
- Naresh Ramjilal Agarwal - Whole-Time Director
- Sanjay Tulashiram Jadhav - Whole-Time Director
- Vikas Yashwant Khare - Director
- Vasudeo Murlidhar Yadwad - Director
- John Allen Thomas - Director
- David Simon Williamson - Director
- Christoph Michel - Additional Director
HRS Process Systems reported a net profit of ₹17.28 Cr (net margin 8.9%) and EBITDA of ₹27.8 Cr (EBITDA margin 14.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HRS Process Systems is 2% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HRS Process Systems is 27AABCH2679G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of HRS Process Systems is U29198PN2003PLC017846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HRS Process Systems was incorporated on 01 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
HRS Process Systems can be reached through the website hrsasia.co.in. Its registered office is in Pune City, Maharashtra, India.