MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0279439
Hycoat Systems Private Limited - engineering in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹72.96 Lakh
▼ 51% YoY
Net profit · FY 2024
₹55,350
Net margin 0.8%
EBITDA · FY 2024
₹23.92 Lakh
EBITDA margin 32.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.55 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
3
Provident fund records
About Hycoat Systems Private Limited
Data last updated:
Hycoat Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 30 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014PTC152684. Its GSTIN is 27AADCH4849L1Z4 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yogesh Shantilal Sheth and Rahul Shankarrao Magar.
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 Pt No. Old 1 New 10 Sant Eknath Co – Op Hsg So S. No. 679/80 Bibvewadi, Pune, Maharashtra, India – 411037.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.96 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹55,350 (net margin 0.8%) and EBITDA of ₹23.92 Lakh (EBITDA margin 32.8%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.55 Cr on record.
Hycoat Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0279439). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hycoat.in.
Company details
CIN U74900PN2014PTC152684
Registration Number 152684
Incorporation Date 30 September 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0279439
Recognitions & Rankings of Hycoat Systems
Contact details
Hycoat Systems Private Limited's registered office is in Pune, Maharashtra. Its website is hycoat.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPt No. Old 1 New 10 Sant Eknath Co – Op Hsg So S. No. 679/80 Bibvewadi, Pune, Maharashtra, India – 411037
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Hycoat Systems Private Limited, buy the company report.
Comprehensive company report
Hycoat Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Hycoat Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Hycoat Systems Private Limited, buy the company report.
Financials of Hycoat Systems Private Limited
FY 2024 filings availableHycoat Systems Private Limited reported revenue of ₹72.96 Lakh (down 51% YoY) for FY 2024.
Revenue · FY 2024
₹72.96 Lakh ▼ 51%
Net profit · FY 2024
₹55,350 margin 0.8%
EBITDA · FY 2024
₹23.92 Lakh margin 32.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 4%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 30%
5 years · compounded
▲ 28%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 51% fall in the latest year. EBITDA rose 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹23.92 Lakh | ||||
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| Net Profit (PAT) | ₹55,350 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 32.8% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hycoat Systems Private Limited, buy the company report.
Board of directors of Hycoat Systems Private Limited
Hycoat Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Shantilal Sheth Also directs: Sheth Foodies Limited Liability Partnership | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
| Rahul Shankarrao Magar Also directs: Customedge Consulting Services Private Limited | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
Auditor
Hycoat Systems Private Limited is audited by A M TOSHNIWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A M TOSHNIWAL & CO | FY 2022 | 124672W |
Shareholding
The shareholding of Hycoat Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hycoat Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2022 | 100622497 | Others | ₹48 Lakh | Open | |
| 16 Jun 2021 | 100453749 | Others | ₹56.84 Lakh | Open | |
| 12 Jun 2017 | 100157699 | Others | ₹50 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Hycoat Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hycoat Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hycoat Systems Private Limited has a workforce of 3 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
Hycoat Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH4849L1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hycoat Systems Private Limited, buy the company report.
Recent activity
Hycoat Systems Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Rahul Shankarrao Magar was appointed as Director on 30 Sep 2014.
AGM
Hycoat Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hycoat Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 48.00 Lakh with Charge ID 100622497 was registered on 31 Oct 2022.
Charges
A charge with Others amounted to Rs. 56.84 Lakh with Charge ID 100453749 was registered on 16 Jun 2021.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100157699 was registered on 12 Jun 2017.
Appointed
Rahul Shankarrao Magar was appointed as Director.
Appointed
Yogesh Shantilal Sheth was appointed as Director.
Incorporation
30 Sep 2014
Hycoat Systems Private Limited was registered on 30 Sep 2014 with Roc Pune & aged 12 years 22 days as per MCA records.
Frequently asked questions
Hycoat Systems is an active private limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 30 September 2014 (12+ years old) and is registered under CIN U74900PN2014PTC152684.
Hycoat Systems has 2 current directors:
- Yogesh Shantilal Sheth - Director
- Rahul Shankarrao Magar - Director
The latest financial statements of Hycoat Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hycoat Systems is 27AADCH4849L1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hycoat Systems is U74900PN2014PTC152684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hycoat Systems was incorporated on 30 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Rahul Shankarrao Magar was appointed as Director on 30 Sep 2014. Yogesh Shantilal Sheth was appointed as Director on 30 Sep 2014.
Yes, Hycoat Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0279439).
Hycoat Systems can be reached through the website hycoat.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Hycoat Systems is at Pt No. Old 1 New 10 Sant Eknath Co – Op Hsg So S. No. 67980 Bibvewadi, Pune, Maharashtra, India – 411037.