MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0012938
Hamilton Research & Technology Private Limited - machinery and equipment in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.32 Cr
▼ 40% YoY
Net loss · FY 2025
₹48.52 Lakh
Net margin -3.4%
EBITDA · FY 2025
₹61.37 Lakh
EBITDA margin 4.3%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹72 Lakh
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹1.85 Cr
Company age
40 yrs
Est. 1986
Directors on board
6
As per MCA filings
About Hamilton Research & Technology Private Limited
Data last updated:
Hamilton Research & Technology Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Hamilton & Company Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 21 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U73100WB1986PTC040967. Its GSTIN is 19AAACH6752M1Z4 (West Bengal).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹72 Lakh. It is led by directors including Ashish Sushil Jalan and Ajay Hari Tandon.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 13A New Road, Kolkata, West Bengal, India – 700027.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.32 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹48.52 Lakh (net margin -3.4%) and EBITDA of ₹61.37 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 57% over five years.
The company is associated with 1 brand: Hamilton Research. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹1.85 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Hamilton Research & Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0012938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hart.co.in.
Company details
CIN U73100WB1986PTC040967
Registration Number 040967
Incorporation Date 21 July 1986
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hamilton & Company Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0012938
CIN history
Hamilton Research & Technology has one previous CIN (Corporate Identification Number): U99999WB1986PTC040967. The current CIN is U73100WB1986PTC040967, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100WB1986PTC040967 | Current |
| U99999WB1986PTC040967 | Previous |
Recognitions & Rankings of Hamilton Research & Technology
Contact details
Hamilton Research & Technology Private Limited's registered office is in Kolkata, West Bengal. Its website is hart.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address13A New Road, Kolkata, West Bengal, India – 700027
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Hamilton Research & Technology Private Limited, buy the company report.
Comprehensive company report
Hamilton Research & Technology 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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Brands
Hamilton Research & Technology operates one associated brand: Hamilton Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology solutions specializing in retrofit for aluminium plants. | hart.co.in |
Business activity
The main business activity of Hamilton Research & Technology is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Hamilton Research & Technology Private Limited, buy the company report.
Financials of Hamilton Research & Technology Private Limited
FY 2025 filings availableHamilton Research & Technology Private Limited reported revenue of ₹14.32 Cr (down 40% YoY) for FY 2025.
Revenue · FY 2025
₹14.32 Cr ▼ 40%
Net loss · FY 2025
₹48.52 Lakh margin -3.4%
EBITDA · FY 2025
₹61.37 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 6%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 57%
5 years · compounded
▲ 22%
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA fell 92% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹61.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.52 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | -3.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hamilton Research & Technology Private Limited, buy the company report.
Board of directors and KMP of Hamilton Research & Technology Private Limited
Hamilton Research & Technology Private Limited currently reports 5 directors and 1 key managerial person. 10 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Sushil Jalan Also directs: S & S Power Switchgear Limited, S&S Power Switchgear Equipment Limited, Acrastyle Eps Technologies Limited and 5 more | Director | 25 Jun 2010 | 16 Years 4 Months | Current |
| Ajay Hari Tandon Also directs: Kalyani Forge Limited, Marvel GDC Private Limited, Arjas Steel Private Limited and 2 more | Director | 14 Sep 2022 | 4 Years 1 Months | Current |
| Ramanathan Krishnakumar Also directs: S & S Power Switchgear Limited, S&S Power Switchgear Equipment Limited, Acrastyle Power (India) Limited and 1 more | Director | 20 Feb 2024 | 2 Years 8 Months | Current |
| Vikas Arora Also directs: S & S Power Switchgear Limited | Ceo | 20 Feb 2024 | 2 Years 8 Months | Current |
| Arjun Soota Also directs: S & S Power Switchgear Limited, Bombay Gas Company Limited | Director | 29 Jun 2021 | 5 Years 4 Months | Current |
| Tapan Kumar Nasipuri | Director | 10 Sep 2001 | 25 Years 1 Months | Current |
Auditor
Hamilton Research & Technology Private Limited is audited by LODHA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO | FY 2023 | 301051E |
Shareholding
The shareholding of Hamilton Research & Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hamilton Research & Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
₹1.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2022 | 100534169 | Axis Bank Limited | ₹10 Cr | Open | |
| 28 Mar 2005 | 90252963 | Uti Bank Ltd | ₹1.85 Cr | Satisfied |
To see the full charge records of Hamilton Research & Technology Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hamilton Research & Technology Private Limited has 3 court cases on record: 1 filed by Hamilton Research & Technology, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against M/S. Eagle Photonics | Disposed |
| Bombay High Court | Court case (SPMP) | Filed against the company by Fairgrowth Financial Services Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Hamilton Research & Technology Private Limited, 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 Hamilton Research & Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hamilton Research & Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACH6752M1Z4 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hamilton Research & Technology Private Limited, buy the company report.
Recent activity
Hamilton Research & Technology Private Limited has 16 board changes on record since 2001: 6 appointments and 10 cessations. The latest: Ramanathan Krishnakumar ceased to be Additional Director on 21 Mar 2024.
AGM
Hamilton Research & Technology Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Filing
Hamilton Research & Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Charges
A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 19 Jan 2022 with Charge ID 100534169 was modified on 20 Aug 2024.
Ceased
Ramanathan Krishnakumar ceased to be Additional Director.
Ceased
Vikas Arora ceased to be Additional Director.
Appointed
Ramanathan Krishnakumar was appointed as Director.
Ceased
Snehal Ashish Jalan ceased to be Director.
Appointed
Vikas Arora was appointed as CEO.
Ceased
Ajay Hari Tandon ceased to be Additional Director.
Appointed
Ajay Hari Tandon was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100534169 was registered on 19 Jan 2022.
Ceased
Arjun Soota ceased to be Additional Director.
12 earlier events are in the company report.
Frequently asked questions
Hamilton Research & Technology is an active private limited company based in Kolkata, West Bengal, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 21 July 1986 (40+ years old) and is registered under CIN U73100WB1986PTC040967.
Hamilton Research & Technology has 6 current directors and KMP:
- Ashish Sushil Jalan - Director
- Ajay Hari Tandon - Director
- Ramanathan Krishnakumar - Director
- Arjun Soota - Director
- Tapan Kumar Nasipuri - Director
- Vikas Arora - Ceo
The latest financial statements of Hamilton Research & Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hamilton Research & Technology is 19AAACH6752M1Z4, registered in West Bengal.
The CIN (Corporate Identification Number) of Hamilton Research & Technology is U73100WB1986PTC040967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hamilton Research & Technology has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Hamilton Research & Technology was incorporated on 21 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.
Ramanathan Krishnakumar ceased to be Additional Director on 21 Mar 2024. Vikas Arora ceased to be Additional Director on 21 Mar 2024. Ramanathan Krishnakumar was appointed as Director on 20 Feb 2024. Hamilton Research & Technology has 16 board changes on record in total.
Yes, Hamilton Research & Technology is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0012938).
Hamilton Research & Technology can be reached through the website hart.co.in. Its registered office is in Kolkata, West Bengal, India.
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