DPIIT recognised startup Government of India
Startup India
Hycons Renewable Private Limited - business services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹86.8 Lakh
▲ 791% YoY
Net profit · FY 2022
₹51,247
Net margin 0.6%
EBITDA · FY 2022
₹17.36 Lakh
EBITDA margin 20%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Hycons Renewable Private Limited
Data last updated:
Hycons Renewable Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 07 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC122183. Its GSTIN is 29AAECH8408A1ZR (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kalahalli Nanjundreddy Hemalatha and Shashikant Hegde.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.32/2 Solur Village Kasaba Hobli Anekal Taluk, Bengaluru, Karnataka, India – 562106.
As per the financials filed for FY 2022, the company reported a revenue of ₹86.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹51,247 (net margin 0.6%) and EBITDA of ₹17.36 Lakh (EBITDA margin 20%).
As per MCA filings, the company has open charges of ₹60 Lakh on record.
For more details, the company can be reached via its website hycons.co.in.
Company Details of Hycons Renewable Private Limited
CIN U74999KA2019PTC122183
Registration Number 122183
Incorporation Date 07 March 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
Key People
Kalahalli Nanjundreddy Hemalatha Director Shashikant Hegde Director Jaipal Reddy Thyavakanahalli Najunda Additional Director Recognitions & Rankings of Hycons Renewable
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.32/2 Solur Village Kasaba Hobli Anekal Taluk, Bengaluru, Karnataka, India – 562106
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
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Business Activity of Hycons Renewable Private Limited
The main business activity of Hycons Renewable is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Hycons Renewable Private Limited FY 2022 filings available
Hycons Renewable Private Limited reported revenue of ₹86.8 Lakh (up 791% YoY) for FY 2022.
Revenue · FY 2022
₹86.8 Lakh ▲ 791%
Net profit · FY 2022
₹51,247 margin 0.6%
EBITDA · FY 2022
₹17.36 Lakh margin 20%
Compounded Annual Growth Rate (CAGR) of Hycons Renewable Private Limited
Revenue CAGR growth
1 year
▲ 791%
Revenue rose 791% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Hycons Renewable Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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 | ₹17.36 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51,247 | •••• | •••• | •••• |
| 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 of Hycons Renewable Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 20% | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• |
| 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 Hycons Renewable are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Hycons Renewable Private Limited
Hycons Renewable has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalahalli Nanjundreddy Hemalatha | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
| Shashikant Hegde | Director | 07 Mar 2019 | 7 Years 7 Months | Current |
| Jaipal Reddy Thyavakanahalli Najunda | Additional Director | 21 Sep 2022 | 4 Years 1 Months | Current |
Peer Comparison of Hycons Renewable Private Limited
Hycons Renewable Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PKLS Industries Private Limited | ₹94.24 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Lucknow, Uttar Pradesh, India |
| Human Robotics Private Limited | ₹93.73 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Anarobic Energy Private Limited | ₹89.84 Lakh (FY 2024) | •••• | •••• | 479.0% | •••• | Bijnor, Uttar Pradesh, India |
| W2jwala Bioenergy Private Limited | ₹88.84 Lakh (FY 2025) | •••• | •••• | 39751.0% | •••• | Mohali, Punjab, India |
| Antele Biofuels Private Limited | ₹88.48 Lakh (FY 2020) | •••• | •••• | -17.0% | •••• | Anekal, Karnataka, India |
| Hycons Renewable Private Limited this company | ₹86.8 Lakh (FY 2022) | •••• | •••• | 791.0% | •••• | Bengaluru, Karnataka, India |
| Khagwal Industries Private Limited | ₹86.62 Lakh (FY 2025) | •••• | •••• | •••• | Meerut, Uttar Pradesh, India | |
| Ginnuagro Private Limited | ₹86.23 Lakh (FY 2025) | •••• | •••• | •••• | Nanauta, Uttar Pradesh, India | |
| GBL Clean Energy Private Limited | ₹83.2 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Mumai, Maharashtra, India |
| Joil India Private Limited | ₹82.55 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Pune, Maharashtra, India |
| Cef Srinagar Bio Fuel Private Limited | ₹81.08 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Hycons Renewable by revenue in the Cleantech industry (Biofuel and Biomass), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Hycons Renewable Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Hycons Renewable Private Limited
Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2021 | State Bank of India | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Hycons Renewable Private Limited
Employment history and EPFO contributions of people linked to Hycons Renewable.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Hycons Renewable Private Limited
Hycons Renewable Private Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Kalahalli Nanjundreddy Hemalatha was appointed as Director on 15 Mar 2023.
Appointed
Kalahalli Nanjundreddy Hemalatha was appointed as Director.
Ceased
Shashikant Hegde ceased to be Director.
AGM
Hycons Renewable Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Ashok Mahadev Bhat ceased to be Director.
Appointed
Jaipal Reddy Thyavakanahalli Najunda was appointed as Additional Director.
Filing
Hycons Renewable Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 60.00 Lakh with Charge ID 100551270 was registered on 30 Nov 2021.
Ceased
Jaipal Reddy Thyavakanahalli Najunda ceased to be Director.
Ceased
Anand ceased to be Director.
Ceased
Avil Eugiene Mathias ceased to be Director.
Ceased
Narasimha ceased to be Director.
Appointed
Shashikant Hegde was appointed as Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hycons Renewable Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Hycons Renewable Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Hycons Renewable Private Limited
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Corporate group structure
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GST Compliance of Hycons Renewable Private Limited
Hycons Renewable has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH8408A1ZR | Karnataka | Active | 07 May 2019 |
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MCA Filings & Documents of Hycons Renewable Private Limited
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MCA filings and documents
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Frequently Asked Questions about Hycons Renewable Private Limited
Hycons Renewable is an active private limited company based in Bengaluru, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 07 March 2019 (7+ years old) and is registered under CIN U74999KA2019PTC122183.
Hycons Renewable reported revenue of ₹86.8 Lakh for FY 2022 (up 791% YoY).
Hycons Renewable has 3 current directors:
- Kalahalli Nanjundreddy Hemalatha - Director
- Shashikant Hegde - Director
- Jaipal Reddy Thyavakanahalli Najunda - Additional Director
Hycons Renewable reported a net profit of ₹51,247 (net margin 0.6%) and EBITDA of ₹17.36 Lakh (EBITDA margin 20%) for FY 2022, as per its filed financial statements.
The GSTIN of Hycons Renewable is 29AAECH8408A1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Hycons Renewable is U74999KA2019PTC122183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hycons Renewable was incorporated on 07 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hycons Renewable by revenue are PKLS Industries Private Limited, Human Robotics Private Limited, Anarobic Energy Private Limited, W2jwala Bioenergy Private Limited, Antele Biofuels Private Limited and 5 more, all in the Cleantech industry (Biofuel and Biomass).
Kalahalli Nanjundreddy Hemalatha was appointed as Director on 15 Mar 2023. Shashikant Hegde ceased to be Director on 15 Oct 2022. Ashok Mahadev Bhat ceased to be Director on 21 Sep 2022. Hycons Renewable has 9 board changes on record in total.
Yes, Hycons Renewable is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Hycons Renewable can be reached through the website hycons.co.in. Its registered office is in Bengaluru, Karnataka, India.