About Hubballi-Dharwad BRTS Company Limited
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Hubballi-Dharwad BRTS Company Limited is a public limited state government company based in Hubli, Karnataka, India. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 07 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60200KA2012SGC063887. Its GSTIN is 29AACCH9196B1ZC (Karnataka).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It was formerly known as Hubli-Dharwad Brts Company Limited. It is led by directors including Savitra Basalingappa Kadi (Managing Director) and Susheelamma Narayanappa.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B Block 2nd Floor Nwkrtc Hosur Terminal Near New Court Road Po: Vidyanagar Hosur, Hubli, Karnataka, India – 580021.
As per the financials filed for FY 2025, the company reported a revenue of ₹49 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.51 Cr (net margin 7.2%) and EBITDA of ₹32.63 Cr (EBITDA margin 66.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 24% over five years.
Court records list 83 cases involving the company, including 2 filed by the company and 81 filed against it; 8 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹19.95 Cr; the latest was in May 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hdbrts.co.in.
Company details
Contact details
Hubballi-Dharwad BRTS Company Limited's registered office is in Hubli, Karnataka. Its website is hdbrts.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB Block 2nd Floor Nwkrtc Hosur Terminal Near New Court Road Po: Vidyanagar Hosur, Hubli, Karnataka, India – 580021
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of Hubballi-Dharwad BRTS Company Limited, buy the company report.
- 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
Financials of Hubballi-Dharwad BRTS Company Limited
FY 2025 filings availableHubballi-Dharwad BRTS Company Limited reported revenue of ₹49 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA fell 8% 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 |
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| EBITDA | ₹32.63 Cr | ||||
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| Net Profit (PAT) | ₹3.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 66.6% | ||||
| Net Profit Margin | 7.2% | ||||
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To see the full financial statements and ratios of Hubballi-Dharwad BRTS Company Limited, buy the company report.
Board of directors of Hubballi-Dharwad BRTS Company Limited
Hubballi-Dharwad BRTS Company has 8 current directors and 43 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Susheelamma Narayanappa | Nominee Director | 14 May 2025 | 1 Years 5 Months | Current |
| Rudresh Sangappa Ghali | Nominee Director | 27 Jan 2025 | 1 Years 9 Months | Current |
| Savitra Basalingappa Kadi | Managing Director | 20 Dec 2024 | 1 Years 10 Months | Current |
| Karingappara Thimmappa Halaswamy Also directs: D.Devaraj Urs Trucks Terminals Limited | Nominee Director | 31 Aug 2024 | 2 Years 2 Months | Current |
| Madhan Kumar Priyanga | Nominee Director | 16 Mar 2024 | 2 Years 7 Months | Current |
| Giri Ramachandran Jeyanthi Divya Prabhu Also directs: Ngef (Hubli) Limited | Nominee Director | 27 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Hubballi-Dharwad BRTS Company Limited is audited by Y M KHATAVKAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y M KHATAVKAR & ASSOCIATES | FY 2018 | 005188S |
Shareholding
The shareholding of Hubballi-Dharwad BRTS Company Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hubballi-Dharwad BRTS Company Limited, buy the company report.
Deals & funding
Hubballi-Dharwad BRTS Company Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹19.95 Cr; the latest was in May 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Funding round | ₹3 Cr | Investors: an individual |
| Feb 2013 | Funding round | ₹16.95 Cr | Investors: Hublidharwad Municipal Corporation, Hublidharwad Urban Development Authority, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hubballi-Dharwad BRTS Company Limited has 83 court cases on record: 2 filed by Hubballi-Dharwad BRTS Company, 81 filed against it. 8 cases are pending and 75 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 72 | 70 | 6 |
| District courts | 11 | 11 | 2 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Rajdeep Buildcon Private Limited | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by M/S. Shodha Motors Private Limited and 2 others | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by The Commissioner of Income Tax (TDS) | Pending |
To see the full case history of Hubballi-Dharwad BRTS Company Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hubballi-Dharwad BRTS Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hubballi-Dharwad BRTS Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH9196B1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hubballi-Dharwad BRTS Company Limited, buy the company report.
Recent activity
Hubballi-Dharwad BRTS Company Limited has 90 board changes on record since 2012: 49 appointments and 41 cessations. The latest: Hanumanthappa Suresh ceased to be Nominee Director on 31 May 2025.
81 earlier events are in the company report.
Frequently asked questions
Hubballi-Dharwad BRTS Company is an active public limited state government company based in Hubli, Karnataka, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 07 May 2012 (14+ years old) and is registered under CIN U60200KA2012SGC063887.
Hubballi-Dharwad BRTS Company has 8 current directors:
- Savitra Basalingappa Kadi - Managing Director
- Susheelamma Narayanappa - Nominee Director
- Rudresh Sangappa Ghali - Nominee Director
- Karingappara Thimmappa Halaswamy - Nominee Director
- Madhan Kumar Priyanga - Nominee Director
- Giri Ramachandran Jeyanthi Divya Prabhu - Nominee Director
- Santoshkumar Shantagouda Biradar - Nominee Director
- Deepa Murthy Cholan - Nominee Director
The latest financial statements of Hubballi-Dharwad BRTS Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hubballi-Dharwad BRTS Company is 29AACCH9196B1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Hubballi-Dharwad BRTS Company is U60200KA2012SGC063887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hubballi-Dharwad BRTS Company has 83 court cases on record: 2 filed by the company and 81 filed against it. 8 are pending. Most are in the high courts.
Hubballi-Dharwad BRTS Company was incorporated on 07 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Hubballi-Dharwad BRTS Company has 2 deals on record (2 funding rounds), with disclosed funding of ₹19.95 Cr; the latest was in May 2015.
Hanumanthappa Suresh ceased to be Nominee Director on 31 May 2025. Lingamurthy Gonal ceased to be Nominee Director on 14 May 2025. Susheelamma Narayanappa was appointed as Nominee Director on 14 May 2025. Hubballi-Dharwad BRTS Company has 90 board changes on record in total.
Hubballi-Dharwad BRTS Company can be reached through the website hdbrts.co.in. Its registered office is in Hubli, Karnataka, India.
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