DRHP Status : Not Filed
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| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 6.87 | 15.98 | 25.41 |
| Cost of Material Consumed | 5.87 | 12.55 | 12.96 |
| Change in Inventory | -0.54 | -0.3 | -4.8 |
| Gross Margins | 14.56 | 21.46 | 49 |
| Employee Benefit Expenses | 0.74 | 0.99 | 2.88 |
| Other Expenses | 0.47 | 2.24 | 5.95 |
| EBITDA | 0.33 | 0.5 | 8.42 |
| OPM | 4.8 | 3.13 | 33.14 |
| Other Income | 0.001 | 0.0051 | 0.01 |
| Finance Cost | 0.01 | 0.01 | 0.95 |
| D&A | 0.18 | 0.3 | 0.38 |
| EBIT | 0.15 | 0.2 | 8.04 |
| EBIT Margins | 2.18 | 1.25 | 31.64 |
| PBT | 0.1231 | 0.0907 | 7.07 |
| PBT Margins | 1.79 | 0.57 | 27.82 |
| Tax | 0.0219 | 0.0883 | 0 |
| PAT | 0.1012 | 0.0024 | 7.07 |
| NPM | 1.47 | 0.02 | 27.82 |
| EPS | 202.4 | 0.23 | 578.32 |
Financial Ratios |
2022 | 2023 | 2024 |
|---|---|---|---|
| Operating Profit Margin | 4.8 | 3.13 | 33.14 |
| Net Profit Margin | 1.47 | 0.02 | 27.82 |
| Earning Per Share (Diluted) | 202.4 | 0.23 | 578.32 |
| Assets | 2022 | 2023 | 2024 |
|---|---|---|---|
| Fixed Assets | 0.77 | 1.17 | 1.74 |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 13.64 |
| Trade Receivables | 0.92 | 2.99 | 8.92 |
| Inventory | 0.57 | 0.88 | 5.7 |
| Other Assets | 1.31 | 3.47 | 7.5 |
| Total Assets | 3.57 | 8.51 | 37.5 |
| Liabilities | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 0.05 | 1.05 | 1.2225 |
| FV | 100 | 100 | 100 |
| Reserves | 0.08 | 0.08 | 19.47 |
| Borrowings | 1.2 | 3.81 | 13.95 |
| Trade Payables | 1.5 | 2.44 | 2.69 |
| Other Liabilities | 0.74 | 1.13 | 0.17 |
| Total Liabilities | 3.57 | 8.51 | 37.5 |
HCIN Networks Limited (formerly HCIN Networks Private Limited), founded in 2019 and headquartered in Gurugram, is a growing player in the Indian telecom and IT infrastructure sector. It provides Internet Services (ISP), Managed IT Services, and Telecom Infrastructure solutions (fiber/tower deployment) to clients like Airtel, Tata Communications, and Indus Tower. As of 2025, it is an active public unlisted company, with shares trading in the private market, often featuring in Pre-IPO discussions
The following table presents a 10-point analysis of HCIN Networks Private Limited. Each parameter is discussed in detail in the sections that follow.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | Telecom & IT infrastructure services | The company provides internet services, telecom infrastructure deployment, and IT managed services for enterprise clients. |
| Incorporation | 2 August 2019 | Established as a telecom and networking solutions provider focused on enterprise connectivity and infrastructure. |
| Industry Segment | Telecom & IT infrastructure | Operates in the communication technology and networking services sector supporting digital connectivity. |
| Core Services | ISP services IT managed services Telecom infrastructure |
The company provides internet leased lines, data center solutions, and network infrastructure services. |
| Clients & Partnerships | Airtel Indus Tower Reliance Retail etc. |
Serves several enterprise and telecom clients across multiple sectors. |
| Revenue Model | B2B telecom and IT service contracts | Generates revenue from network deployment projects, IT system integration, and managed services. |
| Authorized Capital | ₹20 crore | Indicates the company’s planned capacity for capital expansion. |
| Paid-up Capital | ₹12.88 crore | Reflects the current invested capital base. |
| Growth Opportunity | Digital infrastructure expansion | Increasing demand for internet connectivity, fiber infrastructure, and telecom services supports growth prospects. |
| Liquidity | Unlisted shares | Shares trade in the private unlisted market depending on investor demand. |
Company Overview
(i) HCIN Networks Limited operates in the telecom and IT infrastructure sector, providing networking solutions and connectivity services for enterprise clients.
(ii) The company was originally incorporated on 2 August 2019 and operates from Gurugram, Haryana.
(iii) Its business includes internet leased lines, managed IT services, telecom infrastructure deployment, and system integration services.
(iv) The company also provides data center management, IT security solutions, and fiber network deployment services to enterprise customers.
(v) HCIN operates under a Category-A Internet Service Provider license from the Department of Telecommunications, allowing it to offer nationwide connectivity services.
(vi) The company serves multiple enterprise and telecom clients including Airtel, Indus Tower, ABB, Reliance Retail, Lenskart and Decathlon.
(vii) With the rapid growth of fiber broadband, data centers, and 5G infrastructure, companies operating in telecom infrastructure services are expected to benefit from increasing digital connectivity demand.
Here are some highlights of the financial performance of HCIN Network Private Limited over the past few years.
• Revenue reported at approximately ₹29.2 crore.
• Revenue streams include internet services, IT managed services, and telecom infrastructure projects.
• Business growth supported by enterprise connectivity demand.
• Operations expanded across multiple telecom infrastructure projects.
• Revenue continued to grow with expanding telecom and networking projects.
• The company increased its presence in enterprise IT infrastructure services.
• Financial performance supported by project execution and telecom service contracts.
• Growth driven by rising demand for digital connectivity solutions.
The promoters of HCIN Networks Private Limited are:
| Name | Role | LinkedIn Profile |
|---|---|---|
| Vikas | Promoter | View Profile |
| Shalini | Promoter | View Profile |
The promoters together held 76.64% shareholding in the company as per available filings.
Quick Summary
HCIN Networks Private Limited operates in the telecom and IT infrastructure sector, offering internet connectivity, telecom infrastructure deployment, and managed IT services.
With India witnessing rapid expansion in fiber broadband networks, digital connectivity, and telecom infrastructure, companies providing networking solutions may benefit from increasing demand for connectivity services.
Click Here to visit the official website of HCIN Networks Limited.
| Name | Holding |
|---|---|
| Promoters & Promoters Group | 78.78% |
| Public | 21.22% |
HCIN Networks Private Limited unlisted shares are equity shares of the company that are not listed on stock exchanges and may be traded privately in the unlisted market.
The company provides internet services, telecom infrastructure deployment, IT managed services, and networking solutions for enterprise clients.
HCIN Networks Private Limited was incorporated on 2 August 2019 in Haryana, India.
The company was founded by Vikas and Shalini, who are the key promoters of the company.
Yes, investors can purchase HCIN Networks Private Limited shares through private market platforms that facilitate unlisted share transactions.
If unlisted shares are held for more than two years, capital gains are taxed at 20% with indexation. If sold earlier, gains are taxed according to the investor’s income tax slab.