Hwa Nee Tech System Private Limited
About Hwa Nee Tech System Private Limited
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Hwa Nee Tech System Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 09 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2018FTC101802. Its GSTIN is 09AAECH4622A1Z1 (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.91 Cr. It is led by directors including Seunghwan Pyo and Jae Min Kim.
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 Sector 116, Noida, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.64 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹51.11 Lakh (net margin -14%) and EBITDA of -₹49.13 Lakh (EBITDA margin -13.5%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 23% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressKo – 003 Ground Floor Sector 116, Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 of Hwa Nee Tech System Private Limited
The main business activity of Hwa Nee Tech System is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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.
Financials of Hwa Nee Tech System Private Limited FY 2024 filings available
Hwa Nee Tech System Private Limited reported revenue of ₹3.64 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hwa Nee Tech System Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 77% 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 Hwa Nee Tech System 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹49.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹51.11 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Hwa Nee Tech System Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -14% | •••• | •••• | •••• | •••• |
| 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 Hwa Nee Tech System are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Hwa Nee Tech System Private Limited
Hwa Nee Tech System Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dobyin Trading Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Aneja Management Consultants Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Research and Development Initiative Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ashisa Consulting Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Amrit Kaal Investment Advisors Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Hwa Nee Tech System Private Limited this company | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Alps Edu Services Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Global Solution & Compliance Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Moon Sez Consultants Private Limited | •••• | •••• | •••• | •••• | 11 | Mulashi, Maharashtra, India |
| Ascela Advisors Private Limited | •••• | •••• | •••• | •••• | 13 | Haryana, India |
| R Bharti Enterprises Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hwa Nee Tech System by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Hwa Nee Tech System Private Limited
Hwa Nee Tech System Private Limited is audited by CHAUDHARY SHIVANAND & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAUDHARY SHIVANAND & ASSOCIATES | 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 Hwa Nee Tech System Private Limited
Hwa Nee Tech System has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seunghwan Pyo | Director | 09 Mar 2018 | 8 Years 6 Months | Current |
| Jae Min Kim | Director | 18 Jul 2019 | 7 Years 2 Months | Current |
| Youngjin Noh Also directs: Sunmight India Private Limited, KDS Actuator Controls India Private Limited, Leehwa India Private Limited and 5 more | Director | 30 Oct 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Hwa Nee Tech System Private 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 Hwa Nee Tech System Private Limited
Hwa Nee Tech System Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hwa Nee Tech System Private Limited
Hwa Nee Tech System Private Limited has a workforce of 15 employees as of Apr 03, 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.
Recent Activity on Hwa Nee Tech System Private Limited
Hwa Nee Tech System Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Jae Min Kim ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Hwa Nee Tech System Private 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 Hwa Nee Tech System Private 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 Hwa Nee Tech System Private 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.
GST Compliance of Hwa Nee Tech System Private Limited
Hwa Nee Tech System has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECH4622A1Z1 | Uttar Pradesh | Active | 18 Apr 2018 |
| 37AAECH4622A1Z2 | Andhra Pradesh | Active | 16 Jul 2018 |
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.
MCA Filings & Documents of Hwa Nee Tech System Private 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.
Frequently Asked Questions about Hwa Nee Tech System Private Limited
Hwa Nee Tech System is an active foreign private limited company based in Noida, Uttar Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 09 March 2018 (8+ years old) and is registered under CIN U74999UP2018FTC101802.
Hwa Nee Tech System reported revenue of ₹3.64 Cr for FY 2025 (down 32% YoY).
Hwa Nee Tech System has 3 current directors:
- Seunghwan Pyo - Director
- Jae Min Kim - Director
- Youngjin Noh - Director
Hwa Nee Tech System reported a net loss of ₹51.11 Lakh (net margin -14%) and EBITDA of -₹49.13 Lakh (EBITDA margin -13.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hwa Nee Tech System is 53% over three years and 23% 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 Hwa Nee Tech System is 09AAECH4622A1Z1, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAECH4622A1Z2 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Hwa Nee Tech System is U74999UP2018FTC101802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hwa Nee Tech System was incorporated on 09 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Hwa Nee Tech System by revenue are Dobyin Trading Private Limited, Aneja Management Consultants Pvt Ltd, Research and Development Initiative Private Limited, Ashisa Consulting Private Limited, Amrit Kaal Investment Advisors Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Jae Min Kim ceased to be Additional Director on 29 Sep 2025. Youngjin Noh ceased to be Director on 05 Dec 2019. Youngjin Noh was appointed as Director on 30 Oct 2019. Hwa Nee Tech System has 5 board changes on record in total.
The registered office of Hwa Nee Tech System is at Ko – 003 Ground Floor Sector 116, Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301.