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Hitech Specialities Solutions Limited Location T. Score Charges People Network Registered Details
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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%.

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Industry

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

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

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

Locations

indian flag India (7)
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 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
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Networth
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Assets GET PRO GET PRO GET PRO GET PRO GET PRO
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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
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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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
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
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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
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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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
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
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Tax GET PRO GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
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Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
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Performance
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Return +
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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

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

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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 8 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
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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?

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

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

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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?

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

What is the registered address of HITECH SPECIALITIES SOLUTIONS LIMITED?

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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?

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The CIN number of HITECH SPECIALITIES SOLUTIONS LIMITED is U65990MH1978PLC020745.

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