Hydera Technologies Private Limited
About Hydera Technologies Private Limited
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Hydera Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC138489.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Drivemyday Technologies Private Limited. It is led by directors Jyothi Venkata Naga Parimi and Kanaka Durga Donepudi.
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 Flat No.204 Endecos County Czech Colony 7 – 2 – 1794 Sanath Nagar, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.73 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹70,425 (net margin -25.8%) and EBITDA of -₹68,983 (EBITDA margin -25.3%).
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- Registered AddressFlat No.204 Endecos County Czech Colony 7 – 2 – 1794 Sanath Nagar, Hyderabad, Telangana, India – 500018
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
- 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 Hydera Technologies Private Limited
The main business activity of Hydera Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Hydera Technologies Private Limited FY 2024 filings available
Hydera Technologies Private Limited reported revenue of ₹2.73 Lakh (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hydera Technologies Private Limited
Revenue fell 54% in the latest year. EBITDA fell 143% 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 Hydera Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹68,983 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70,425 | •••• | •••• | •••• | •••• |
| 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 Hydera Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -25.8% | •••• | •••• | •••• | •••• |
| 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 Hydera Technologies are in the company report.
Financial statements from FY 2020
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 Hydera Technologies Private Limited
Hydera Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sky Blue Link Communication (OPC) Private Limited | ₹2.73 Lakh (FY 2021) | •••• | •••• | 111.0% | •••• | Erode, Tamil Nadu, India |
| Gotarneaasa Technologies (OPC) Private Limited | ₹2.73 Lakh (FY 2022) | •••• | •••• | 1206.0% | •••• | Pune, Maharashtra, India |
| Insynergy India Private Limited | ₹2.73 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Genaxis Software Solutions Private Limited | ₹2.73 Lakh (FY 2017) | •••• | •••• | •••• | Guntur, Andhra Pradesh, India | |
| Talkto Suraksha Private Limited | ₹2.73 Lakh (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Hydera Technologies Private Limited this company | ₹2.73 Lakh (FY 2024) | •••• | •••• | -54.0% | •••• | Hyderabad, Telangana, India |
| Midax Tech Solutions Private Limited | ₹2.73 Lakh (FY 2021) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Rajam Codemachine Technology Private Limited | ₹2.73 Lakh (FY 2023) | •••• | •••• | •••• | Thiruvannamalai, Tamil Nadu, India | |
| Jmohit Cable Vision Private Limited | ₹2.72 Lakh (FY 2023) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Peachblack Technologies Private Limited | ₹2.72 Lakh (FY 2022) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Techratna IT Solutions Private Limited | ₹2.72 Lakh (FY 2016) | •••• | •••• | -46.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hydera Technologies by revenue in the same principal business activity (Other information & communication service activities), 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 Hydera Technologies Private Limited
Hydera Technologies Private Limited is audited by SUNEEL PHANI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNEEL PHANI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hydera Technologies Private Limited
Hydera Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyothi Venkata Naga Parimi | Director | 16 Jan 2020 | 6 Years 8 Months | Current |
| Kanaka Durga Donepudi | Director | 16 Jan 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Hydera Technologies 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 Hydera Technologies Private Limited
Hydera Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hydera Technologies Private Limited
Employment history and EPFO contributions of people linked to Hydera Technologies.
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.
Recent Activity on Hydera Technologies Private Limited
Hydera Technologies Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Jyothi Venkata Naga Parimi was appointed as Director on 16 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Hydera Technologies 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 Hydera Technologies 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 Hydera Technologies 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 Hydera Technologies Private Limited
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 Hydera Technologies 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 Hydera Technologies Private Limited
Hydera Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 January 2020 (6+ years old) and is registered under CIN U72900TG2020PTC138489.
Hydera Technologies reported revenue of ₹2.73 Lakh for FY 2024 (down 54% YoY).
Hydera Technologies has 2 current directors:
- Jyothi Venkata Naga Parimi - Director
- Kanaka Durga Donepudi - Director
Hydera Technologies reported a net loss of ₹70,425 (net margin -25.8%) and EBITDA of -₹68,983 (EBITDA margin -25.3%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Hydera Technologies is U72900TG2020PTC138489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hydera Technologies was incorporated on 16 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Hydera Technologies by revenue are Sky Blue Link Communication (OPC) Private Limited, Gotarneaasa Technologies (OPC) Private Limited, Insynergy India Private Limited, Genaxis Software Solutions Private Limited, Talkto Suraksha Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Jyothi Venkata Naga Parimi was appointed as Director on 16 Jan 2020. Kanaka Durga Donepudi was appointed as Director on 16 Jan 2020.
The registered office of Hydera Technologies is at Flat No.204 Endecos County Czech Colony 7 – 2 – 1794 Sanath Nagar, Hyderabad, Telangana, India – 500018.
Hydera Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.
Hydera Technologies operates in the information technology industry, in the IT consulting and support services segment.