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Hitech Corporation Limited Location T. Score Charges People Network Registered Details
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HITECH CORPORATION LIMITED

Active
Updated: 09 Mar 2024

Hitech Corporation Limited, is a listed public company incorporated on 16 October, 1991. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 60.50 cr and the total paid-up capital is INR 17.18 cr.

Hitech Corporation Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2022. It's EBITDA has increased by 33.89% over the previous year. At the same time, it's book networth has increased by 19.15%.

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Industry

Manufacturing (Metals & Chemicals and their products)
Products
  • Plastic Pail & Leakage-free Paint Packaging
Key Metrics

** All rupee values in INR crores. Based on March 2022 numbers.

Sales
31.62%
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EBITDA
33.89%
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Net Profit
120.51%
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Networth
19.15%
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Borrowings
-10.69%
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Assets
-3.97%
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Gross Margin
-3.72
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Operating Margin
0.25
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Net Profit Margin
2.57
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Return on Equity
7.93
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ROCE
7.33
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Debt to Equity
-0.15
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Sales
Mar 2022
Net worth
Mar 2022

Locations

indian flag India (13)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
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Networth
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
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Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Performance
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Efficiency +
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

HDFC Bank Limited

No. of Loans: 3

Total Amount : 131.1 cr

2

Kotak Mahindra Bank Limited

No. of Loans: 6

Total Amount : 128.4 cr

3

Axis Bank Limited

No. of Loans: 1

Total Amount : 20.0 cr

4

Standard Chartered Bank

No. of Loans: 1

Total Amount : 10.0 cr

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Charges

HDFC Bank Limited
Kotak Mahindra Bank Limited
Axis Bank Limited
Standard Chartered Bank

People

Designation Name DIN/PAN Tenure
Director Harish Narendra Motiwalla 00029835 19 years
Director Ina Ashwin Dani 00053695 1 years
Director Jayendra Ratilal Shah
Shareholder
00132613 11 years
Director Prakash Druman Trivedi 00231288 1 years
Whole-time Director Mehernosh Adi Mehta 00372340 9 years
Director Kalpana Vithaldas Merchant 00827907 5 years
Managing Director Malav Ashwin Dani
Shareholder
01184336 17 years
Director Aditya Mahendra Sheth 02289144 5 years
Director Anjan Ray 03630088 1 years
Kmp Ashish Roongta Vinodkumar <HIDDEN> 1 years
Director Bomi Pesi Chinoy 07519315 8 years
CFO Avan Rohinton Chaina <HIDDEN> 5 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
ORIENT CERATECH LIMITED
Active
12.0 Cr 1 Maharashtra
HITECH SPECIALITIES SOLUTIONS LIMITED
Active
1.1 Cr 3 Maharashtra
BALKRISHNA PAPER MILLS LIMITED
Amalgamated
40.0 Cr 1 Maharashtra
BALKRISHNA SYNTHETICS LIMITED
Amalgamated
1.0 Cr 1 Maharashtra
GEETANJALI TRADING AND INVESTMENTS PRIVATE LIMITED
Active
1.4 Cr 3 Maharashtra
ASHAPURA INTERNATIONAL LIMITED
Active
3.0 Cr 1 Maharashtra
ASHAPURA PERFOCLAY LIMITED
Active
17.9 Cr 1 Maharashtra
DANI SECURITIES PRIVATE LIMITED
Amalgamated
2.5 L 1 Maharashtra
DANI ENTERPRISES PRIVATE LIMITED
Amalgamated
50.0 L 1 Maharashtra
DANI TRADING AND INVESTMENTS PRIVATE LIM ITED
Amalgamated
2.1 Cr 1 Maharashtra
DANI HOLDING AND TRADING COMPANY PRIVATE LIMITED
Amalgamated
50.0 L 1 Maharashtra
PRAGATI MARKETING PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
S C DANI RESEARCH FOUNDATION PRIVATE LIMITED
Active
0.0 1 Maharashtra
DANI FINLEASE LIMITED
Not available for efiling
0.0 1 Delhi
RANGMEET INVESTMENTS PRIVATE LIMITED
Amalgamated
38.2 L 1 Maharashtra
RITUH HOLDING AND TRADING COMPANY PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
AVINASH HOLDING AND TRADING COMPANY PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SURYAKANT PAINT ACCESSORIES PRIVATE LIMI TED
Strike Off
1.0 L 2 Tamil Nadu
MEFREE LLP
Active
1.0 L 2 Maharashtra
JAYVEE ORGANICS AND POLYMERS PVT LTD
Active
4.0 L 1 Maharashtra
GOLDSTAB ORGANICS PRIVATE LIMITED
Active
9.2 Cr 1 Maharashtra
N M TRIPATHI PVT LTD
Strike Off
7.2 L 1 Maharashtra
PACE POLYMER TECHNOLOGY PVT LTD
Strike Off
7.0 L 1 Maharashtra
CHEMBOND POLYMERS AND MATERIALS LIMITED
Amalgamated
30.0 L 1 Maharashtra
CHEMBOND WATER TECHNOLOGIES LIMITED
Active
50.0 L 1 Maharashtra
CHEMBOND CHEMICALS LIMITED
Active
6.7 Cr 1 Maharashtra
PALADIN PAINTS & CHEMICALS PRIVATE LIMITED
Active
7.1 Cr 1 Maharashtra
FIORA SERVICES LIMITED
Amalgamated
1.5 Cr 1 Maharashtra
THPL SUPPORT SERVICES LIMITED
Active
145.3 Cr 1 Maharashtra
COMMON WEALTH DEVELOPERS LIMITED
Active
137.5 Cr 1 Maharashtra
BOOKER INDIA LIMITED
Active
411.5 Cr 1 Maharashtra
TRENT BRANDS LIMITED
Amalgamated
6.8 Cr 1 Maharashtra
SUPRASAD INVESTMENTS AND TRADING COMPANY PRIVATE LIMITED
Amalgamated
1.1 L 1 Maharashtra
CLEAR MIPAK PACKAGING SOLUTIONS LIMITED
Amalgamated
4.5 Cr 1 Maharashtra
RAYIRTH HOLDING AND TRADING COMPANY PRIVATE LIMITED
Active
2.0 Cr 2 Maharashtra
HOMEVILLA YOGA PRIVATE LIMITED
Active
2.1 Cr 1 Maharashtra
CANES VENATICI TRADING PRIVATE LIMITED
Active
1.0 L 2 Maharashtra
HITECH GREEN MOBILITY PRIVATE LIMITED
Dormant under section 455
1.0 L 1 Maharashtra
HITECH SMART MOBILITY PRIVATE LIMITED
Dormant under section 455
1.0 L 1 Maharashtra
SATTVA HOLDING AND TRADING PRIVATE LIMITED
Active
2.0 Cr 2 Maharashtra
ASIAN PAINTS LIMITED
Active
95.9 Cr 1 Maharashtra
GALIAKOTWALA JANSEVA FOUNDATION
Active
1.0 L 1 Maharashtra
GALIAKOTWALA ENGINEERING COMPANY PRIVATE LIMITED
Active
1.0 L 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
CLEAR MIPAK PACKAGING SOLUTIONS LIMITED Maharashtra 1986 ₹ 4.5 Cr

Registered Details

CIN

L28992MH1991PLC168235

PAN

AAACH5161N

Incorporation

1991, 33.0 years

Company Email

secretarial@hitechgroup.com

Paid up Capital

₹ 17.2 Cr

Authorised Capital

₹ 60.5 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2023 Updated on : 09 Mar 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - HITECH CORPORATION LIMITED

What is the incorporation date of HITECH CORPORATION LIMITED?

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The incorporation date of HITECH CORPORATION LIMITED is 16 October, 1991

What is the authorized share capital of HITECH CORPORATION LIMITED?

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The authorized share capital of HITECH CORPORATION LIMITED is INR ₹ 60.5 Cr.

What is the paid-up capital of HITECH CORPORATION LIMITED?

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The paid-up capital of HITECH CORPORATION LIMITED is INR ₹ 17.2 Cr.

What is the registered address of HITECH CORPORATION LIMITED?

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The registered address of HITECH CORPORATION LIMITED is Unit No. 201, 2nd Floor, Welspun House, Kamala City, Senapati Bapat Marg, Lower Parel Mumbai Mumbai City Maharashtra - 400013

What is the CIN number of HITECH CORPORATION LIMITED?

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The CIN number of HITECH CORPORATION LIMITED is L28992MH1991PLC168235.

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