MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-24-0023481
Hygrevar Enterprises Private Limited
Hygrevar Enterprises Private Limited - food and beverages in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.21 Cr
▼ 10% YoY
Net loss · FY 2024
₹9.83 Lakh
Net margin -0.9%
EBITDA · FY 2024
₹12.22 Lakh
EBITDA margin 1.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹13.1 Lakh
Issued & subscribed
Open charges
₹80 Lakh
Satisfied ₹25 Lakh
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Hygrevar Enterprises Private Limited
Data last updated:
Hygrevar Enterprises Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 29 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2009PTC073015. Its GSTIN is 33AACCH2797N1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹13.1 Lakh. It is led by directors Rangaswamy Nandakumar (Managing Director) and Peddareddygari Praveena (Whole-Time Director).
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 53A Mettu Street Line Villivakkam, Chennai, Tamil Nadu, India – 600049.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.21 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹9.83 Lakh (net margin -0.9%) and EBITDA of ₹12.22 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹80 Lakh and satisfied charges of ₹25 Lakh on record.
Hygrevar Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0023481). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74900TN2009PTC073015
Registration Number 073015
Incorporation Date 29 September 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-24-0023481
Recognitions & Rankings of Hygrevar Enterprises
Contact details
Hygrevar Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address53A Mettu Street Line Villivakkam, Chennai, Tamil Nadu, India – 600049
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Hygrevar Enterprises Private Limited, buy the company report.
Comprehensive company report
Hygrevar Enterprises 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 Hygrevar Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hygrevar Enterprises Private Limited, buy the company report.
Financials of Hygrevar Enterprises Private Limited
FY 2024 filings availableHygrevar Enterprises Private Limited reported revenue of ₹11.21 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹11.21 Cr ▼ 10%
Net loss · FY 2024
₹9.83 Lakh margin -0.9%
EBITDA · FY 2024
₹12.22 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 2%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 20%
5 years · compounded
▼ 10%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 29% 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 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.83 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Hygrevar Enterprises Private Limited, buy the company report.
Board of directors of Hygrevar Enterprises Private Limited
Hygrevar Enterprises has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangaswamy Nandakumar | Managing Director | 29 Sep 2009 | 17 Years 1 Months | Current |
| Peddareddygari Praveena | Whole-Time Director | 17 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Hygrevar Enterprises Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indore Proteins Private Limited | ₹11.24 Cr (FY 2023) | -11.0% | Indore, Madhya Pradesh, India | |||
| Lynx Tradecom Private Limited | ₹11.21 Cr (FY 2020) | 30.0% | New Delhi, Delhi, India | |||
| Hygrevar Enterprises Private Limitedthis company | ₹11.21 Cr (FY 2024) | -₹9.83 Lakh | -0.9% | -10.0% | Chennai, Tamil Nadu, India | |
| Rara Associates Private Limited | ₹11.19 Cr (FY 2025) | 42.0% | Safidon, Haryana, India | |||
| Sri Indra Solvent Oils Private Limited | ₹11.18 Cr (FY 2024) | -83.0% | Hyderabad, Telangana, India | |||
| Bien Agro International Private Limited | ₹11.16 Cr (FY 2024) | 57.0% | Kollam, Kerala, India |
To see the full peer comparison of Hygrevar Enterprises Private Limited, buy the company report.
Auditor
Hygrevar Enterprises Private Limited is audited by PONRAJ & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PONRAJ & CO | FY 2023 | 002672S |
Shareholding
The shareholding of Hygrevar Enterprises Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hygrevar Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2017 | 100131866 | Others | ₹80 Lakh | Open | |
| 12 Jun 2015 | 10593500 | State Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Hygrevar Enterprises Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hygrevar Enterprises 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 Hygrevar Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hygrevar Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCH2797N1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hygrevar Enterprises Private Limited, buy the company report.
Recent activity
Hygrevar Enterprises Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Peddareddygari Praveena was appointed as Whole-Time Director on 17 Mar 2023.
AGM
Hygrevar Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hygrevar Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Peddareddygari Praveena was appointed as Whole-Time Director.
Ceased
Rangaswamy ceased to be Director.
Ceased
Rangaswamy Nandakumar ceased to be Director.
Charges
A charge registered on 12 Jun 2015 via Charge ID 10593500 with State Bank Of India was fully satisfied on 27 Jun 2017.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100131866 was registered on 28 Mar 2017.
Charges
A charge with State Bank Of India amounted to Rs. 25.00 Lakh with Charge ID 10593500 was registered on 12 Jun 2015.
Ceased
Sucharitha Venkatesh ceased to be Director.
Ceased
Venkatesh Ramachandran ceased to be Director.
Appointed
Rangaswamy Nandakumar was appointed as Managing Director.
Incorporation
29 Sep 2009
Hygrevar Enterprises Private Limited was registered on 29 Sep 2009 with Roc Chennai & aged 17 years 1 month as per MCA records.
Frequently asked questions
Hygrevar Enterprises is an active private limited company based in Chennai, Tamil Nadu, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 29 September 2009 (17+ years old) and is registered under CIN U74900TN2009PTC073015.
Hygrevar Enterprises has 2 current directors:
- Rangaswamy Nandakumar - Managing Director
- Peddareddygari Praveena - Whole-Time Director
The latest financial statements of Hygrevar Enterprises 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 2015 are in the company report.
The GSTIN of Hygrevar Enterprises is 33AACCH2797N1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Hygrevar Enterprises is U74900TN2009PTC073015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hygrevar Enterprises was incorporated on 29 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Hygrevar Enterprises by revenue are Indore Proteins Private Limited, Lynx Tradecom Private Limited, Rara Associates Private Limited, Sri Indra Solvent Oils Private Limited, Bien Agro International Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Peddareddygari Praveena was appointed as Whole-Time Director on 17 Mar 2023. Rangaswamy ceased to be Director on 05 Feb 2020. Rangaswamy Nandakumar ceased to be Director on 05 Feb 2020. Hygrevar Enterprises has 6 board changes on record in total.
Yes, Hygrevar Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-TN-24-0023481).
The registered office of Hygrevar Enterprises is at 53A Mettu Street Line Villivakkam, Chennai, Tamil Nadu, India – 600049.
Hygrevar Enterprises operates in the food and beverages industry, in the food and beverage retail and distribution segment.
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