About Hydenmet Solutions Private Limited
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Hydenmet Solutions Private Limited is a private limited company based in Devanahalli, Karnataka, India, recognised as a startup by DPIIT. It operates in the geotechnical engineering and services segment of the engineering sector. It was incorporated on 07 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC121176. Its GSTIN is 29AAACQ5920A1ZR (Karnataka).
The company has an authorised share capital of ₹1.52 Cr and a paid-up capital of ₹1.17 Lakh. It was formerly known as Qihou Solutions Private Limited. It is led by directors Bhaaskaran Rangarajan (Managing Director) and Bharathi Bhaaskaran.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at E – G35 Deodar Block Brigade Orchards, Boodigere Main Road Devanahalli 562110 Karnataka, Karnataka, India – 562110.
As per the financials filed for FY 2023, the company reported a revenue of ₹90.96 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹6.72 Lakh (net margin -7.4%) and EBITDA of ₹4.27 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years.
The company is associated with 1 brand: Hydenmet. As per MCA filings, the company has open charges of ₹27 Lakh on record. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.15 Cr; the latest was in April 2022. Its 10 peer companies in the Engineering industry (Geotechnical Engineering) are compared by revenue, 5 larger and 5 smaller; the largest is Prasad Armstrong Yen Geotech Engineering Consultants Private Limited with revenue of ₹98.28 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hydenmet.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – G35 Deodar Block Brigade Orchards, Boodigere Main Road Devanahalli 562110 Karnataka, Karnataka, India – 562110
- IndustryEngineering, Geotechnical Engineering & Services
- 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
- One PDF report, delivered after checkout
Business Activity of Hydenmet Solutions Private Limited
The main business activity of Hydenmet Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hydenmet Solutions Private Limited FY 2023 filings available
Hydenmet Solutions Private Limited reported revenue of ₹90.96 Lakh (down 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Hydenmet Solutions Private Limited
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 95%. EBITDA fell 19% 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 of Hydenmet Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.72 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hydenmet Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.4% | •••• | •••• | •••• | •••• |
| 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 Hydenmet Solutions are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Hydenmet Solutions Private Limited
Hydenmet Solutions Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Geotechnical Engineering). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prasad Armstrong Yen Geotech Engineering Consultants Private Limited | ₹98.28 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Chennai, Tamil Nadu, India |
| Climatesense Private Limited | ₹96.84 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Gistech Systems Private Limited | ₹95.08 Lakh (FY 2024) | •••• | •••• | 610.0% | •••• | Bhubaneswar, Odisha, India |
| Earth Now Private Limited | ₹94.92 Lakh (FY 2024) | •••• | •••• | 285.0% | •••• | Thane, Maharashtra, India |
| Mape IT Solutions Private Limited | ₹93.39 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Chennai, Tamil Nadu, India |
| Hydenmet Solutions Private Limited this company | ₹90.96 Lakh (FY 2023) | •••• | •••• | -43.0% | •••• | Devanahalli, Karnataka, India |
| Terrain Engineering Solutions Private Limited | ₹90.19 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| Envirta Sustainable Solutions India Private Limited | ₹86.25 Lakh (FY 2017) | •••• | •••• | -6.0% | •••• | Mahavir Enclave, Delhi, India |
| Redan Geomatics Private Limited | ₹85.3 Lakh (FY 2025) | •••• | •••• | 159.0% | •••• | New Delhi, Delhi, India |
| Sierra Knitwear Private Limited | ₹79.58 Lakh (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Foster Geotech Private Limited | ₹78.67 Lakh (FY 2024) | •••• | •••• | -26.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Hydenmet Solutions by revenue in the Engineering industry (Geotechnical Engineering), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hydenmet Solutions Private Limited
Auditor information for Hydenmet Solutions Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Hydenmet Solutions Private Limited
Hydenmet Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaaskaran Rangarajan | Managing Director | 06 Dec 2021 | 4 Years 10 Months | Current |
| Bharathi Bhaaskaran | Director | 07 Feb 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Hydenmet Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hydenmet Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2021 | State Bank of India | ₹27 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Hydenmet Solutions Private Limited
Hydenmet Solutions Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.15 Cr; the latest was in April 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Funding round | ₹1.15 Cr | Investors: ah! Ventures |
| Oct 2020 | Rights issue | ₹6.45 Cr | Investors: 4 individuals Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Hydenmet Solutions Private Limited
Hydenmet Solutions operates one associated brand: Hydenmet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hyperlocal environmental intelligence platform is provided for advisory services. | hydenmet.in |
Employees and EPFO Compliance at Hydenmet Solutions Private Limited
Employment history and EPFO contributions of people linked to Hydenmet Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Hydenmet Solutions Private Limited
Hydenmet Solutions has undergone 2 name changes throughout its history. The company was previously known as Qihou Solutions Private Limited, and Hydenmet Solutions Private Limited. The current legal name is Hydenmet Solutions Private Limited.
| Company Name | Status |
|---|---|
| Hydenmet Solutions Private Limited | Current |
| Qihou Solutions Private Limited | Previous |
Recent Activity on Hydenmet Solutions Private Limited
Hydenmet Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Bhaaskaran Rangarajan was appointed as Managing Director on 06 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Hydenmet Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hydenmet Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hydenmet Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hydenmet Solutions Private Limited
Hydenmet Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ5920A1ZR | Karnataka | Active | 06 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hydenmet Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hydenmet Solutions Private Limited
Hydenmet Solutions is an active private limited company based in Devanahalli, Karnataka, India. The company works in geotechnical engineering and services, within the engineering industry. It was incorporated on 07 February 2019 (7+ years old) and is registered under CIN U74999KA2019PTC121176.
Hydenmet Solutions reported revenue of ₹90.96 Lakh for FY 2023 (down 43% YoY).
Hydenmet Solutions has 2 current directors:
- Bhaaskaran Rangarajan - Managing Director
- Bharathi Bhaaskaran - Director
Hydenmet Solutions reported a net loss of ₹6.72 Lakh (net margin -7.4%) and EBITDA of ₹4.27 Lakh (EBITDA margin 4.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hydenmet Solutions is 95% over three years. In the latest year (FY 2023) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hydenmet Solutions is 29AAACQ5920A1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Hydenmet Solutions is U74999KA2019PTC121176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hydenmet Solutions was incorporated on 07 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Hydenmet Solutions has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.15 Cr; the latest was in April 2022.
The peers of Hydenmet Solutions by revenue are Prasad Armstrong Yen Geotech Engineering Consultants Private Limited, Climatesense Private Limited, Gistech Systems Private Limited, Earth Now Private Limited, Mape IT Solutions Private Limited and 5 more, all in the Engineering industry (Geotechnical Engineering).
Bhaaskaran Rangarajan was appointed as Managing Director on 06 Dec 2021. Narayanan Rangarajan ceased to be Director on 06 Dec 2021. Bharathi Bhaaskaran was appointed as Director on 07 Feb 2019.