DPIIT recognised startup Government of India
Startup India
Hycons Bioenergy Private Limited - environment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹17.74 Lakh
▼ 29% YoY
Net loss · FY 2023
₹3.75 Lakh
Net margin -21.1%
EBITDA · FY 2023
₹10.35 Lakh
EBITDA margin 58.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Hycons Bioenergy Private Limited
Data last updated:
Hycons Bioenergy Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 15 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74994KA2019PTC129639. Its GSTIN is 29AAFCH1326J1ZK (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Sakharam Patil and Raveendra Ramachandra Hegde.
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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.74 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹3.75 Lakh (net margin -21.1%) and EBITDA of ₹10.35 Lakh (EBITDA margin 58.3%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The company is associated with 1 brand: Hycons.
Hycons Bioenergy Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0034938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hycons.in.
Company details
CIN U74994KA2019PTC129639
Registration Number 129639
Incorporation Date 15 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0034938
Key People
Suresh Sakharam Patil Additional Director Raveendra Ramachandra Hegde Additional Director Recognitions & Rankings of Hycons Bioenergy
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0034938
Contact details
Hycons Bioenergy Private Limited's registered office is in Bangalore, Karnataka. Its website is hycons.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 815 Third Floor Hosakerehalli, 100 Feet Ring Road 7th Block, Bangalore, Karnataka, India – 560085
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Hycons Bioenergy Private Limited, buy the company report.
Comprehensive company report
Hycons Bioenergy 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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Financials of Hycons Bioenergy Private Limited
FY 2024 filings availableHycons Bioenergy Private Limited reported revenue of ₹17.74 Lakh (down 29% YoY) for FY 2023.
Revenue · FY 2023
₹17.74 Lakh ▼ 29%
Net loss · FY 2023
₹3.75 Lakh margin -21.1%
EBITDA · FY 2023
₹10.35 Lakh margin 58.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 116%
Revenue fell 29% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA rose 20% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹17.74 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹10.35 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.75 Lakh | |||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 58.3% | |||
| Net Profit Margin | -21.1% | |||
| 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 Hycons Bioenergy Private Limited, buy the company report.
Board of directors of Hycons Bioenergy Private Limited
Hycons Bioenergy has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Sakharam Patil | Additional Director | 01 Jan 2025 | 1 Years 10 Months | Current |
| Raveendra Ramachandra Hegde | Additional Director | 22 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Hycons Bioenergy Private Limited is audited by SAHSTRI & MALIMUTT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHSTRI & MALIMUTT | FY 2023 | 013350S |
Shareholding
The shareholding of Hycons Bioenergy Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hycons Bioenergy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hycons Bioenergy 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 Hycons Bioenergy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hycons Bioenergy has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH1326J1ZK | Karnataka | Active | 17 Jul 2020 |
| 37AAFCH1326J1ZN | Andhra Pradesh | Active | 01 Jan 2020 |
To see the full GST registrations and return filing status of Hycons Bioenergy Private Limited, buy the company report.
Recent activity
Hycons Bioenergy Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Raveendra Ramachandra Hegde was appointed as Additional Director on 22 Jul 2025.
Appointed
Raveendra Ramachandra Hegde was appointed as Additional Director.
Ceased
Shashikant Hegde ceased to be Director.
Appointed
Suresh Sakharam Patil was appointed as Additional Director.
AGM
Hycons Bioenergy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hycons Bioenergy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Rajiv Hassan Suresh ceased to be Additional Director.
Ceased
Ashok Mahadev Bhat ceased to be Director.
Ceased
Anand ceased to be Director.
Ceased
Jaipal Reddy Thyavakanahalli Najunda ceased to be Director.
Incorporation
15 Nov 2019
Hycons Bioenergy Private Limited was registered on 15 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.
Frequently asked questions
Hycons Bioenergy is an active private limited company based in Bangalore, Karnataka, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 15 November 2019 (7+ years old) and is registered under CIN U74994KA2019PTC129639.
Hycons Bioenergy has 2 current directors:
- Suresh Sakharam Patil - Additional Director
- Raveendra Ramachandra Hegde - Additional Director
The latest financial statements of Hycons Bioenergy 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 FY 2020 are in the company report.
The GSTIN of Hycons Bioenergy is 29AAFCH1326J1ZK, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAFCH1326J1ZN (Andhra Pradesh).
The CIN (Corporate Identification Number) of Hycons Bioenergy is U74994KA2019PTC129639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hycons Bioenergy was incorporated on 15 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Raveendra Ramachandra Hegde was appointed as Additional Director on 22 Jul 2025. Shashikant Hegde ceased to be Director on 22 Jul 2025. Suresh Sakharam Patil was appointed as Additional Director on 01 Jan 2025. Hycons Bioenergy has 7 board changes on record in total.
Yes, Hycons Bioenergy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Hycons Bioenergy is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0034938).
Hycons Bioenergy can be reached through the website hycons.in. Its registered office is in Bangalore, Karnataka, India.
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