
About Hycons Bioenergy Private Limited
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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
Recognitions & Rankings of Hycons Bioenergy
- 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.
- 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 Hycons Bioenergy Private Limited
FY 2024 filings availableHycons Bioenergy Private Limited reported revenue of ₹17.74 Lakh (down 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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 | ||||
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| Trade Payables | ||||
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| Inventories | ||||
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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 | ||||
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| Revenue Growth | ||||
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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.
| 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.
| 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.
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.

