MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0100213
Hys Developers LLP
Hys Developers LLP - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹79.12 Cr
▲ 57% YoY
Net profit · FY 2021
₹67.38 Lakh
Net margin 0.9%
EBITDA · FY 2021
₹79.01 Cr
EBITDA margin 99.9%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹64.8 Cr
Satisfied ₹34.5 Cr
LLP age
14 yrs
Est. 2012
Designated partners
3
As per MCA filings
Active GSTINs
1
of 2 registered
About Hys Developers LLP
Data last updated:
Hys Developers LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 18 September 2012 and has been in existence for over 14 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAB-1255. Its GSTIN is 24AAHFH2261B2ZY (Gujarat). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Yash Sunil Agarwal and Sunil Raghubirprasad Agarwal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹79.12 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹67.38 Lakh (net margin 0.9%) and EBITDA of ₹79.01 Cr (EBITDA margin 99.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 206% over five years.
As per MCA filings, the LLP has open charges of ₹64.8 Cr and satisfied charges of ₹34.5 Cr on record. Court records list 1 case involving the LLP, including 1 filed against it.
Hys Developers LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0100213).
Company details
LLPIN AAB-1255
Incorporation Date 18 September 2012
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0100213
Key People
Yash Sunil Agarwal Designated Partner Sunil Raghubirprasad Agarwal Designated Partner Hardik Sunil Agarwal Designated Partner Recognitions & Rankings of Hys Developers
Contact details
Hys Developers LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressS. No.: 1035/A Nr. Ayodhya Township, Village : Shilaj, Ahmedabad, Gujarat, India – 380058
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Hys Developers LLP, buy the company report.
Comprehensive company report
Hys Developers LLP - 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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Financials of Hys Developers LLP
FY 2025 filings availableHys Developers LLP reported revenue of ₹79.12 Cr (up 57% YoY) for FY 2021.
Revenue · FY 2021
₹79.12 Cr ▲ 57%
Net profit · FY 2021
₹67.38 Lakh margin 0.9%
EBITDA · FY 2021
₹79.01 Cr margin 99.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 31%
5 years · compounded
▲ 206%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 31%
5 years · compounded
▲ 211%
Revenue has grown at a compounded annual rate (CAGR) of 206% over five years, including 57% growth in the latest year. EBITDA rose 58% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹79.12 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹67.38 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.9% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Hys Developers LLP, buy the company report.
Designated partners of Hys Developers LLP
Hys Developers has 3 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Sunil Agarwal | Designated Partner | 18 Sep 2012 | 14 Years 1 Months | Current |
| Sunil Raghubirprasad Agarwal | Designated Partner | 18 Sep 2012 | 14 Years 1 Months | Current |
| Hardik Sunil Agarwal | Designated Partner | 18 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Hys Developers LLP is audited by MANUBHAI & SHAH LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANUBHAI & SHAH LLP | FY 2021 | 106041W |
Charges & borrowings
Open charges
₹64.8 Cr
Satisfied charges
₹34.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2025 | 101182155 | Hdfc Bank Limited | ₹46 Cr | Open | |
| 02 Jul 2025 | 101128468 | Bank of Baroda | ₹18.8 Cr | Open | |
| 31 Aug 2023 | 100802485 | Hdfc Bank Limited | ₹20.5 Cr | Satisfied | |
| 01 Apr 2016 | 100020634 | Hdfc Bank Limited | ₹7 Cr | Satisfied | |
| 31 Mar 2016 | 100021959 | Hdfc Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of Hys Developers LLP, buy the company report.
Total charge records: 5 View all charges
Legal cases
Hys Developers LLP has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S. Fast Tract Shipping Services and Logistic Services THR. Kalpesh Vora | Disposed |
To see the full case history of Hys Developers LLP, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hys Developers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hys Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHFH2261B2ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hys Developers LLP, buy the company report.
Recent activity
Hys Developers LLP has 3 designated partner changes on record since 2012: 3 appointments. The latest: Hardik Sunil Agarwal was appointed as Designated Partner on 18 Sep 2012.
Charges
A charge with Hdfc Bank Limited of Rs. 4,600.00 Lakh registered on 30 Oct 2025 with Charge ID 101182155 was modified on 27 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4,600.00 Lakh with Charge ID 101182155 was registered on 30 Oct 2025.
Charges
A charge registered on 31 Aug 2023 via Charge ID 100802485 with Hdfc Bank Limited was fully satisfied on 18 Jul 2025.
Charges
A charge with Bank Of Baroda amounted to Rs. 1,880.00 Lakh with Charge ID 101128468 was registered on 02 Jul 2025.
AGM
Hys Developers Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Hys Developers Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,050.00 Lakh with Charge ID 100802485 was registered on 31 Aug 2023.
Charges
A charge registered on 01 Apr 2016 via Charge ID 100020634 with Hdfc Bank Limited was fully satisfied on 20 Sep 2021.
Charges
A charge registered on 31 Mar 2016 via Charge ID 100021959 with Hdfc Bank Limited was fully satisfied on 20 Sep 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 100020634 was registered on 01 Apr 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 100021959 was registered on 31 Mar 2016.
Appointed
Hardik Sunil Agarwal was appointed as Designated Partner.
3 earlier events are in the company report.
Frequently asked questions
Hys Developers is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 18 September 2012 (14+ years old) and is registered under LLPIN AAB-1255.
Hys Developers has 3 current designated partners:
- Yash Sunil Agarwal - Designated Partner
- Sunil Raghubirprasad Agarwal - Designated Partner
- Hardik Sunil Agarwal - Designated Partner
The latest financial statements of Hys Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hys Developers is 24AAHFH2261B2ZY, registered in Gujarat. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Hys Developers is AAB-1255. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Hys Developers has 1 court case on record: 1 filed against it.
Hys Developers was incorporated on 18 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hardik Sunil Agarwal was appointed as Designated Partner on 18 Sep 2012. Sunil Raghubirprasad Agarwal was appointed as Designated Partner on 18 Sep 2012. Yash Sunil Agarwal was appointed as Designated Partner on 18 Sep 2012.
Yes, Hys Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0100213).
The registered office of Hys Developers is at S. No.: 1035A Nr. Ayodhya Township, Village : Shilaj, Ahmedabad, Gujarat, India – 380058.