Not registered yet? Get a free account.

Sign Up
search icon cancel icon
Hitech Specialities Solutions Limited Location T. Score Charges People Network Registered Details
We are excited to bring you Tofler 2.0! Being new, there might be a few hiccups. Please bear with us.

HITECH SPECIALITIES SOLUTIONS LIMITED

www.hitechgroup.com
Active
Updated: 19 May 2024

Hitech Specialities Solutions Limited, is an unlisted public company incorporated on 04 November, 1978. It is classified as a public limited company and is located in Mumbai City, Maharashtra. It's authorized share capital is INR 1.50 cr and the total paid-up capital is INR 1.05 cr.

Hitech Specialities Solutions Limited's operating revenue range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 43.45% over the previous year. At the same time, it's book networth has increased by 13.28%.

Read more

Industry

Finance
Products
  • Salted Snacks, Alkyd Resins, Hitech Fabric Rollers, Self Adhesive Tapes, Inorganic Color Pigments, Hitech Economy Paint Brush, Juice, Food And Beverage, Ladies Face Foundation etc., Industrial Cocoa Powder
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
-15.03%
₹ GET PRO
EBITDA
-43.45%
₹ GET PRO
Net Profit
-39.26%
₹ GET PRO
Networth
13.28%
₹ GET PRO
Borrowings
-
₹ GET PRO
Assets
-0.24%
₹ GET PRO
Gross Margin
0.55
GET PRO%
Operating Margin
-2.7
GET PRO%
Net Profit Margin
-1.96
GET PRO%
Return on Equity
-10.21
GET PRO%
ROCE
-15.71
GET PRO%
Debt to Equity
-
GET PRO
Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (7)
State Type Address

location icon Locations on Map

Map placeholder

Tofler Score

score img
Poor
Fair
Good
Very Good
Excellent

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.

Read more

Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit + GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin % GET PRO GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO GET PRO
Depreciation GET PRO GET PRO GET PRO GET PRO GET PRO
Exceptional items GET PRO GET PRO GET PRO GET PRO GET PRO
Profit before tax GET PRO GET PRO GET PRO GET PRO GET PRO
Tax GET PRO GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Total Debt/Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total Assets/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Liquidity +
Current Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Quick Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Interest Coverage GET PRO GET PRO GET PRO GET PRO GET PRO
Performance
Gross Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO GET PRO
Return on Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROIC GET PRO GET PRO GET PRO GET PRO GET PRO
Efficiency +
Days Payable GET PRO GET PRO GET PRO GET PRO GET PRO
Days Inventory GET PRO GET PRO GET PRO GET PRO GET PRO
Days Receivable GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Total Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital
Cash Conversion Cycle GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital Days GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Kotak Mahindra Bank Limited

No. of Loans: 2

Total Amount : 24.0 cr

2

The Zoroastrian Co-operative Bank Limited

No. of Loans: 1

Total Amount : 17.0 cr

chart icon

Charges

Kotak Mahindra Bank Limited
The Zoroastrian Co-operative Bank Limited

People

Designation Name DIN/PAN Tenure
Director Harish Narendra Motiwalla 00029835 1 years
Whole-time Director Ina Ashwin Dani
Shareholder
00053695 27 years
Director Anjan Ray 03630088 1 years
Director Atul Rakesh Sethi 06993467 7 years
Director Homi Burjor Daruwalla 08175545 6 years
CEO Rahul Uday Prabhudesai <HIDDEN> 2 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 CORPORATION LIMITED
Active
17.2 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 2 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 1 Tamil Nadu
MEFREE LLP
Active
1.0 L 1 Maharashtra
Pareesattva Consulting LLP
Active
1.0 L 1 sh

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
HITECH INSURANCE BROKING SERVICES LIMITED Maharashtra 2008 ₹ 90.0 L

Registered Details

CIN

U65990MH1978PLC020745

PAN

AACCC2732N

Incorporation

1978, 46.0 years

Company Email

secretarial.hssl@hitechgroup.com

Paid up Capital

₹ 1.1 Cr

Authorised Capital

₹ 1.5 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
Reconfirm refresh img

Mar 2023 Updated on : 19 May 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - HITECH SPECIALITIES SOLUTIONS LIMITED

What is the incorporation date of HITECH SPECIALITIES SOLUTIONS LIMITED?

plus icon

The incorporation date of HITECH SPECIALITIES SOLUTIONS LIMITED is 04 November, 1978

What is the authorized share capital of HITECH SPECIALITIES SOLUTIONS LIMITED?

plus icon

The authorized share capital of HITECH SPECIALITIES SOLUTIONS LIMITED is INR ₹ 1.5 Cr.

What is the paid-up capital of HITECH SPECIALITIES SOLUTIONS LIMITED?

plus icon

The paid-up capital of HITECH SPECIALITIES SOLUTIONS LIMITED is INR ₹ 1.1 Cr.

What is the registered address of HITECH SPECIALITIES SOLUTIONS LIMITED?

plus icon

The registered address of HITECH SPECIALITIES SOLUTIONS LIMITED is Unit no. 205, 2nd Floor,Welspun House, Kamala City Senapati Bapat Marg, Lower Parel (W) Mumbai Mumbai City Maharashtra - 400013

What is the CIN number of HITECH SPECIALITIES SOLUTIONS LIMITED?

plus icon

The CIN number of HITECH SPECIALITIES SOLUTIONS LIMITED is U65990MH1978PLC020745.

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More