Hughes Communications India Private Limited

Provides VSAT-based communication services and broadband/internet services to clients such as Sony, Vodafone, Hitachi, and HP.

1992 | Delhi (India) | Active
Last Updated: November 19, 2024

Hughes Communications India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 22.58 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 184.00 Cr
  • Satisfied Charges ₹ 98.01 Cr
  • Revenue Growth -10.62%
  • Profit Growth -78.18%
  • Ebitda -32.10%
  • Net Worth -6.13%
  • Total Assets -4.57%

About Hughes Communications India

Hughes Communications India Private Limited (HCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 1992 and has a history of 32 years and 11 months. Its registered office is in Delhi, India.

The Corporate was formerly known as Hughes Communications India Limited. The Company is engaged in the Telecom Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 22.58 Cr.

The company currently has active open charges totaling ₹184.00 Cr. The company has closed loans amounting to ₹98.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hughes Communications India Private Limited India are Nipun Bansal as CFO and Nidhi Chawla as Company Secretary. Pranav Roach, Shivaji Chatterjee, Ramesh Ramaswamy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hughes.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U64202DL1992PTC048053

  • Company No.

    048053

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1992

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Telecom

What products or services does Hughes Communications India Private Limited offer?

Hughes Communications India Private Limited offers a wide range of products and services, including Film & Media Production Services, Film Production Services, 3D Printer & Services, 3D Prototype Printing Services, IT, Networking & Automation Solution, IT Solutions, Intelligence and Spying Devices, Satellite System, Computer Hardware & Network Support, Data Centre Solution.

Who are the key members and board of directors at Hughes Communications India?

Executive Team (3)

NameDesignationAppointment DateStatus
Nipun Bansal CFO22-Mar-2024Current
Shivaji Chatterjee Country flag representing In Managing Director19-Jul-2023Current
Nidhi Chawla Country flag representing In Company Secretary19-Feb-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Dean Manson Country flag representing Us Director 30-Dec-2016Current
Pranav Roach Country flag representing In Director 20-Apr-2006Current
Ramesh Ramaswamy Country flag representing Us Director 15-Jan-2022Current
Alok Shukla Country flag representing In Director 21-Aug-2023Current
Abhishek Maheshwari Country flag representing In Director 12-Feb-2024Current

Financial Performance of Hughes Communications India.

Hughes Communications India Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 10.62% decrease. The company also saw a substantial fall in profitability, with a 78.18% decrease in profit. The company's net worth dipped by a decrease of 6.13%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-10.62%
Revenue from Operations
-10.88%
Total Assets
-4.57%
Profit or Loss
-78.18%
Net Worth
-6.13%
EBITDA
-32.10%

What is the Ownership and Shareholding Structure of Hughes Communications India?

In 2024, Hughes Communications India had a promoter holding of 54.13% and a public holding of 45.87%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹184.00 Cr

Satisfied Charges

₹98.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 116.00 Cr
  • Yes Bank Limited : 38.00 Cr
  • Axis Bank Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Nov 2022Axis Bank Limited₹30.00 CrOpen
06 Jan 2014Others₹56.00 CrOpen
24 Oct 2008Yes Bank Limited₹38.00 CrOpen
30 Dec 2003Others₹60.00 CrOpen
27 Dec 2011Axis Bank Limited₹28.00 CrSatisfied

How Many Employees Work at Hughes Communications India?

Hughes Communications India has a workforce of 52 employees as of Nov 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hughes Communications India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hughes Communications India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hughes Communications India

Recent activity within the organization

  • Annual General Meeting

    Hughes Communications India Private Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Balance Sheet

    Hughes Communications India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Nipun Bansal was appointed as a Cfo was appointed as a Cfo on 22 Mar 2024 & has been associated with this company since 11 months 1 day .

    22 Mar 2024

  • Director Appointment

    Abhishek Maheshwari was appointed as a Director was appointed as a Director on 12 Feb 2024 & has been associated with this company since 1 year 9 days .

    12 Feb 2024

  • Director Appointment

    Shivaji Chatterjee was appointed as a Managing Director was appointed as a Managing Director on 19 Jul 2023 & has been associated with this company since 1 year 7 months .

    19 Jul 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100647347 was registered on 11 Nov 2022.

    11 Nov 2022

Frequently asked questions

  • Hughes Communications India Private Limited was incorporated on 17 Mar 1992.

  • The authorized share capital of Hughes Communications India Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 22.58 Cr.

  • Currently 8 directors are associated with Hughes Communications India Private Limited.

    • Nipun Bansal
    • Pranav Roach
    • Shivaji Chatterjee
    • Ramesh Ramaswamy
    • Dean Alfred Manson
    • Alok Shukla
    • Abhishek Maheshwari
    • Nidhi Chawla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hughes Communications India Private Limited is 1 Shivji Marg Westend Greens, Nh-8 India, New Delhi, 110037.

  • The corporate identification number (CIN) of Hughes Communications India Private Limited is U64202DL1992PTC048053 and the company number is 048053 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hughes Communications India Private Limited is https://www.hughes.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Hughes Communications India Private Limited has fallen by -10.62%.

  • As Per 2024 financial reports, 52 employees are currently employed by Hughes Communications India Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Hughes Communications India Private Limited has experienced an downturn of -6.13%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Hughes Communications India Private Limited amount to ₹ 184.00 Cr.

  • The most recent Balance Sheet for Hughes Communications India Private Limited was filed with the ROC on 31 Mar 2024.

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