Hycons Renewable Private Limited

Hycons Renewable Private Limited - business services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2019PTC122183 Incorporated 07 March 2019 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company business services DPIIT Startup
Data last updated
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

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

Recognitions & Rankings of Hycons Renewable

DPIIT recognised startup Government of India
Startup India

Contact details

Hycons Renewable Private Limited's registered office is in Bengaluru, Karnataka. Its website is hycons.co.in. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.32/2 Solur Village Kasaba Hobli Anekal Taluk, Bengaluru, Karnataka, India – 562106
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

To see the full contact details of Hycons Renewable Private Limited, buy the company report.

Comprehensive company report
Hycons Renewable 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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Business activity

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD2Manufacture of gas, distribution of gaseous fuels

To see the full business activity and turnover split of Hycons Renewable Private Limited, buy the company report.

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)

Revenue CAGR growth
1 year
▲ 791%

Revenue rose 791% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin20%
Net Profit Margin0.6%
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

To see the full financial statements and ratios of Hycons Renewable Private Limited, buy the company report.

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
NameDesignationAppointment DateTenureStatus
Kalahalli Nanjundreddy HemalathaDirector15 Mar 20233 Years 7 MonthsCurrent
Shashikant HegdeDirector07 Mar 20197 Years 7 MonthsCurrent
Jaipal Reddy Thyavakanahalli NajundaAdditional Director21 Sep 20224 Years 1 MonthsCurrent

Charges & borrowings

Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Nov 2021100551270State Bank of India₹60 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hycons Renewable Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Hycons Renewable has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECH8408A1ZRKarnatakaActive07 May 2019

To see the full GST registrations and return filing status of Hycons Renewable Private Limited, buy the company report.

Recent activity

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
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 in the company report.

Frequently asked questions

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 has 3 current directors:

The latest financial statements of Hycons Renewable on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.

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.

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.

The registered office of Hycons Renewable is at No.322 Solur Village Kasaba Hobli Anekal Taluk, Bengaluru, Karnataka, India – 562106.