Hudson's Bay Services Private Limited

Hudson's Bay Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2016FTC097220 Incorporated 19 October 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹260.22 Cr
▼ 2% YoY
Net loss · FY 2025
₹28.96 Cr
Net margin -11.1%
EBITDA · FY 2025
₹6.55 Cr
EBITDA margin 2.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1.12 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
1,129
Provident fund records

About Hudson's Bay Services Private Limited

Data last updated:

Hudson's Bay Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Hbc Europe Holding S.A.R.L. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 October 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016FTC097220. Its GSTIN is 29AADCH9912J1Z6 (Karnataka).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.12 Lakh. It is led by directors Vijendra Raghavendra and Mamata Shivaraya Yelwantagi.

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 Manyata Embassy Business Park, Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹260.22 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹28.96 Cr (net margin -11.1%) and EBITDA of ₹6.55 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 18% over five years.

The company has about 1,129 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1 Cr on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Forcepoint Software Consulting India Private Limited with revenue of ₹269.27 Cr. The company has 18 MSME Form 1 returns on record between 2019 and 2023, listing 556 overdue payments to 71 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hbcindiacareers.com.

Company details

CIN U72200KA2016FTC097220
Registration Number 097220
Incorporation Date 19 October 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hbc Europe Holding S.A.R.L
Compliance Status Active Compliant

Contact details

Hudson's Bay Services Private Limited's registered office is in Bangalore, Karnataka. Its website is hbcindiacareers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    5th And 6th Floors Of Block Teak (G3) Manyata Embassy Business Park SEZ Nagawara & Rac, Henahalli, Bangalore, Karnataka, India – 560045
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Hudson's Bay Services Private Limited, buy the company report.

Comprehensive company report
Hudson's Bay 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 Hudson's Bay Services is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Hudson's Bay Services Private Limited, buy the company report.

Financials of Hudson's Bay Services Private Limited

FY 2025 filings available

Hudson's Bay Services Private Limited reported revenue of ₹260.22 Cr (down 2% YoY) for FY 2025.

Revenue · FY 2025
₹260.22 Cr ▼ 2%
Net loss · FY 2025
₹28.96 Cr margin -11.1%
EBITDA · FY 2025
₹6.55 Cr margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 15%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 43%
5 years · compounded
▼ 25%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 87% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹6.55 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹28.96 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.5%
Net Profit Margin-11.1%
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 Hudson's Bay Services Private Limited, buy the company report.

Board of directors of Hudson's Bay Services Private Limited

Hudson's Bay Services has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mamata Shivaraya YelwantagiAdditional Director29 Oct 20250 Years 11 MonthsCurrent
Vijendra RaghavendraDirector25 Sep 20251 Years 1 MonthsCurrent

Peer comparison

Hudson's Bay Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Forcepoint Software Consulting India Private Limited₹269.27 Cr (FY 2025)12.0%Mumbai, Maharashtra, India
Ruckus Wireless Private Limited₹267.27 Cr (FY 2025)11.0%Bangalore, Karnataka, India
Utv Software Communications Private Limited₹265.69 Cr (FY 2024)29.0%Mumbai, Maharashtra, India
Ebay India Ecommerce Services Private Limited₹263.19 Cr (FY 2025)6.0%Mumbai, Maharashtra, India
Vertoz Limited₹262.18 Cr (FY 2025)67.0%Mumbai, Maharashtra, India
Hudson's Bay Services Private Limitedthis company₹260.22 Cr (FY 2025)-₹28.96 Cr-11.1%-2.0%1,129Bangalore, Karnataka, India
J. C. Penney Services India Private Limited₹258.4 Cr (FY 2025)-1.0%Nagwara Bangalore, Karnataka, India
Kuku Technologies Private Limited₹258.38 Cr (FY 2025)148.0%Mumbai, Maharashtra, India
NXP Semiconductors India Private Limited₹255.54 Cr (FY 2017)7.0%Bangalore, Karnataka, India
Dunzo Digital Private Limited₹252.6 Cr (FY 2023)273.0%Bangalore, Karnataka, India
Techbooks International Private Limited₹252.2 Cr (FY 2025)8.0%Noida, Uttar Pradesh, India

To see the full peer comparison of Hudson's Bay Services Private Limited, buy the company report.

Auditor

Hudson's Bay Services Private Limited is audited by B S R & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B S R & CO LLPFY 2023101248W/W-100022

Shareholding

The shareholding of Hudson's Bay Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hudson's Bay Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Citi Bank N.A.₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Oct 2018100209558Citi Bank N.A.₹1 CrOpen

Total charge records: 1 View all charges

Deals & funding

Hudson's Bay Services Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.

Total deals
2
Rights issue
1
Secondary share transfer
1

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2021Secondary share transferUndisclosedBuyer: HBC Europe Holding S.a.r.l
Seller: ANSR ON JV Holdings LLC
Jan 2017Rights issue₹10.26 CrInvestors: HBC Europe Holding S.a.r.l, ANSR ON JV Holdings LLC, Hudson's Bay Company Ulc

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Hudson's Bay Services Private Limited has 18 MSME Form 1 returns on record between 2019 and 2023, listing 556 overdue payments to 71 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 (5 of 71)

SupplierAmount dueDue sinceReported on
Randstad Digital Private Limited
Work Advantage Private Limited
Aon Consulting Private Limited
Cnergyis Infotech India Private Limited
Marco Polo Travels and Tours Private Limited

To see the full MSME payment records of Hudson's Bay Services Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hudson's Bay Services Private Limited has a workforce of 1,129 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
1,129
Active EPFO establishments
1
Employee growth
1.07%

GST

Hudson's Bay Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCH9912J1Z6KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Hudson's Bay Services Private Limited, buy the company report.

Recent activity

Hudson's Bay Services Private Limited has 27 board changes on record since 2016: 15 appointments and 12 cessations. The latest: Mamata Shivaraya Yelwantagi was appointed as Additional Director on 29 Oct 2025.

Appointed
Mamata Shivaraya Yelwantagi was appointed as Additional Director.
AGM
Hudson'S Bay Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Vijendra Raghavendra was appointed as Director.
Ceased
Lu Zhang ceased to be Director.
Filing
Hudson'S Bay Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Nicky Arora was appointed as Additional Director.
Ceased
Phoebe Elaine Johnson ceased to be Additional Director.
Appointed
Phoebe Elaine Johnson was appointed as Additional Director.
Ceased
Scott Ross Richard ceased to be Director.
Ceased
Sameer Mittal ceased to be Director.
Ceased
Venkatesh Bangalore Muthaiah ceased to be Additional Director.
Appointed
Sameer Mittal was appointed as Director.

19 earlier events are in the company report.

Frequently asked questions

Hudson's Bay Services is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 October 2016 (10+ years old) and is registered under CIN U72200KA2016FTC097220.

Hudson's Bay Services has 2 current directors:

The latest financial statements of Hudson's Bay Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Hudson's Bay Services is 29AADCH9912J1Z6, registered in Karnataka.

The CIN (Corporate Identification Number) of Hudson's Bay Services is U72200KA2016FTC097220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hudson's Bay Services was incorporated on 19 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Hudson's Bay Services has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.

The peers of Hudson's Bay Services by revenue are Forcepoint Software Consulting India Private Limited, Ruckus Wireless Private Limited, Utv Software Communications Private Limited, Ebay India Ecommerce Services Private Limited, Vertoz Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Mamata Shivaraya Yelwantagi was appointed as Additional Director on 29 Oct 2025. Vijendra Raghavendra was appointed as Director on 25 Sep 2025. Lu Zhang ceased to be Director on 20 May 2025. Hudson's Bay Services has 27 board changes on record in total.

Hudson's Bay Services has 18 MSME Form 1 returns on record between 2019 and 2023, listing 556 overdue payments to 71 micro and small suppliers. The latest return was filed on 16 Nov 2023.

Hudson's Bay Services can be reached through the website hbcindiacareers.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Hudson's Bay Services is at 5th And 6th Floors Of Block Teak G3 Manyata Embassy Business Park SEZ Nagawara & Rac, Henahalli, Bangalore, Karnataka, India – 560045.