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HINDUSTAN PLATINUM PRIVATE LIMITED

www.hp.co.in
Active
Updated: 03 Sep 2025

The company manufactures and refines precious metal products.

Hindustan Platinum Private Limited, is an unlisted private company incorporated on 04 October, 1961. It is classified as a private limited company and is located in , Maharashtra. It's authorized share capital is INR 50.00 cr and the total paid-up capital is INR 42.57 cr.

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Subscription Plans
Industry and products
Business Services
  • and tongs; metal sputter targets for watch, dishes, electrodes, palladium alloy catchment, laboratory apparatus that include crucibles, and silver catalyst gauzes, as well as integrated gauze system, jewelry, and electronic data storage industries; and platinum alloy catalyst
Company size
Auth Capital
₹ 50.0 Cr
Paidup Capital
₹ 42.6 Cr
Revenue
₹ 4000-4250 cr
# Key metrics of Hindustan Platinum - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 50.0 Cr | | | Paidup Capital | ₹ 42.6 Cr | | | Revenue | ₹ 4000-4250 cr | | | Total Revenue | ₹4,009.3 | 66.57% | | EBITDA | ₹497.9 | 5.81% | | Net Profit | ₹289.9 | -3.04% | | Networth | ₹1,398.3 | 26.15% | | Borrowings | ₹1,081.0 | 6.77% | | Assets | ₹2,585.0 | 7.21% | | Gross Margin | 18.5% | -10.76 | | Operating Margin | 12.5% | -7.15 | | Net Profit Margin | 7.2% | -5.19 | | Return on Equity | 20.7% | -6.24 | | ROCE | 34.7% | -9.52 | | Debt to Equity | 0.8 | -0.14 |
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
66.57%
₹ 4,009.3
EBITDA
5.81%
₹ 497.9
Net Profit
-3.04%
₹ 289.9
Networth
26.15%
₹ 1,398.3
Borrowings
6.77%
₹ 1,081.0
Assets
7.21%
₹ 2,585.0
Gross Margin
-10.76
18.5 %
Operating Margin
-7.15
12.5 %
Net Profit Margin
-5.19
7.2 %
Return on Equity
-6.24
20.7 %
ROCE
-9.52
34.7 %
Debt to Equity
-0.14
0.8
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (9)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Whole-time Director Vikram Sajanlal Choksi
Shareholder
00526890 45 years
Director Vishwas Shashikant Choksi
Shareholder
00527326 9 years
Whole-time Director Gautam Ashok Choksi 00526963 9 years
Whole-time Director Gaurav Abhay Choksi
Shareholder
00527684 5 years

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 1,483.2 1,958.5 1,852.5 2,398.1 3,992.0
Operating profit 188.9 274.3 304.9 470.6 497.9
Net profit 120.7 205.7 205.5 299.0 289.9
Gross margin 23.7 20.7 25.1 29.3 18.5
Operating margin 12.7 14.0 16.5 19.6 12.5
Net margin 8.1 10.3 10.9 12.4 7.2
Networth 620.5 828.9 934.5 1,108.5 1,398.3
Borrowings 457.7 839.0 529.5 1,012.5 1,081.0
Assets 1,314.9 2,144.5 1,587.4 2,411.2 2,585.0
Debt to equity 0.7 1.0 0.6 0.9 0.8
Current ratio 1.6 1.5 2.3 1.6 1.9
ROE 19.4 24.8 22.0 27.0 20.7
Days payable 55.0 70.0 8.0 23.0 3.0
WC days 100.0 115.0 143.0 112.0 92.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.1 4.1 4.0 43.1 43.1
Reserves 616.4 824.8 930.5 1,065.4 1,355.2
Borrowings + 457.7 839.0 529.5 1,012.5 1,081.0
Long term borrowings - 43.1 99.8 - -
Short term borrowings 457.7 795.8 429.7 1,012.5 1,081.0
Trade payables + 169.5 297.7 29.1 107.2 24.4
Days payable 55.0 70.0 8.0 23.0 3.0
Other liabilities + 236.8 476.6 123.5 290.2 105.7
Other non-current liabilities 12.4 5.8 8.6 7.8 7.4
Other current liabilities 54.9 173.1 85.8 175.2 73.8
Total liabilities 1,314.9 2,144.5 1,587.4 2,411.2 2,585.0
Fixed Assets + 148.7 193.6 245.8 281.5 358.0
Tangible assets 102.8 125.2 142.0 132.1 279.8
CWIP 45.6 65.6 101.9 149.0 77.9
Intangible assets 0.3 2.8 1.8 0.5 0.3
LT loans and advances 3.4 21.9 7.0 10.2 10.3
Other non-current assets 74.8 45.5 66.3 88.8 36.3
Current assets + 1,088.0 1,883.5 1,268.2 2,030.7 2,180.4
Inventories 693.4 1,264.9 838.5 1,340.9 1,568.5
Trade receivables 273.1 335.5 166.0 264.6 266.5
Cash and cash equivalents 19.4 157.8 43.5 126.7 60.8
ST loans and advances 33.5 11.5 2.7 1.5 7.6
Other current assets 68.6 113.8 217.5 297.0 277.0
Total assets 1,314.9 2,144.5 1,587.4 2,411.2 2,585.0
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 1,483.2 1,958.5 1,852.5 2,398.1 3,992.0
Sales growth % 8.02 32.05 -5.41 29.45 66.47
Expenses + 1,327.6 1,729.9 1,600.7 2,002.4 3,613.3
Cost of goods 1,131.6 1,552.7 1,387.2 1,696.4 3,253.4
Employee cost 54.3 56.5 66.8 76.8 90.9
Other costs 108.5 75.1 93.6 154.3 149.7
Operating profit + 188.9 274.3 304.9 470.6 497.9
Operating margin % 12.7 14.0 16.5 19.6 12.5
Other income 4.3 39.8 25.8 8.9 17.3
Interest 20.2 31.5 34.2 54.3 93.1
Depreciation 13.1 14.1 18.8 20.6 26.1
Exceptional items - - - - -
Profit before tax 159.9 268.4 277.6 404.5 396.0
Tax 39.2 62.7 72.1 105.5 106.1
Profit - disc. ops - - - - -
Net profit 120.7 205.7 205.5 299.0 289.9
Net margin % 8.1 10.3 10.9 12.4 7.2
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.7 1.0 0.6 0.9 0.8
Net Debt/Equity 0.7 0.8 0.5 0.8 0.7
Total Debt/Assets 0.3 0.4 0.3 0.4 0.4
Total Assets/Equity 2.1 2.6 1.7 2.2 1.9
Liquidity +
Current Ratio 1.6 1.5 2.3 1.6 1.9
Quick Ratio 0.6 0.5 0.8 0.5 0.5
Interest Coverage 9.4 8.7 8.9 8.7 5.3
Performance
Gross Margin 23.7 20.7 25.1 29.3 18.5
Operating Margin 12.7 14.0 16.5 19.6 12.5
Net Margin 8.1 10.3 10.9 12.4 7.2
Return +
Return on Equity 19.4 24.8 22.0 27.0 20.7
Pre-tax ROCE 31.7 32.1 29.5 44.2 34.7
Return on Assets 9.2 9.6 12.9 12.4 11.2
Pre-tax ROIC 16.6 17.2 20.1 22.6 19.5
Efficiency +
Days Payable 55.0 70.0 8.0 23.0 3.0
Days Inventory 224.0 297.0 221.0 288.0 176.0
Days Receivable 67.0 63.0 33.0 40.0 24.0
Fixed Asset Turnover 10.0 10.1 7.5 8.5 11.2
Total Asset Turnover 1.1 0.9 1.2 1.0 1.5
Working Capital
Cash Conversion Cycle 236.0 290.0 246.0 305.0 197.0
Working Capital Days 100.0 115.0 143.0 112.0 92.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

VISTRA ITCL (INDIA) LIMITED

No. of Loans: 1

Total Amount : 2,031.0 cr

2

Standard Chartered Bank

No. of Loans: 1

Total Amount : 35.0 cr

3

Bank of Baroda

No. of Loans: 1

Total Amount : 13.7 cr

4

HDFC Bank Limited

No. of Loans: 1

Total Amount : 2.8 cr

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Charges

VISTRA ITCL (INDIA) LIMITED
Standard Chartered Bank
Bank of Baroda
HDFC Bank Limited

Company Network

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HINDUSTAN PHARMATECH PRIVATE LIMITED
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HINDUSTAN PHARMATECH LLP
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HINDUSTAN PLATINUM WIND ENERGY LLP
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1.0 L 1 Maharashtra
BONA TERRA GREENHOUSES LLP
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LIFE RECORDS INFOTECH PRIVATE LIMITED
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HIGHER POWER TECHNOLOGY PRIVATE LIMITED
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WISHSEE WEALTH PRIVATE LIMITED
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ACTIVE SOLAR LLP
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SANPOWER SOLAR LLP
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NEEVYA SOLAR LLP
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SAVE POWER LLP
Active
1.0 L 1 Maharashtra
SFA SPORTING SERVICES PRIVATE LIMITED
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ACTIVE SOLAR PRIVATE LIMITED
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1.0 L 1 Maharashtra
PINK GINGER ARTS PRIVATE LIMITED
Converted to LLP and Dissolved
1.0 L 1 Maharashtra
PINK GINGER ARTS LLP
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AYANA DYES AND CHEMICALS LLP
Active
1.0 L 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
Hindustan Platnum International Limited Mauritius - -
Hindustan Platinum DMCC United Arab Emirates - -
Hindustan Platinum P R LLC Puerto Rico - -

Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
  • CASH DETERIORATING
Low Risk
  • GROSS MARGINS DETERIORATING
  • NET MARGIN DETERIORATING
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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Registered Details

CIN

U74999MH1961PTC012143

PAN

AAACH1111J

Incorporation

1961, 63.9 years

Company Email

vikas.shaw@hp.co.in

Paid up Capital

₹ 42.6 Cr

Authorised Capital

₹ 50.0 Cr

AGM

Dec 2024

Type

Private
Others

FAQ - HINDUSTAN PLATINUM PRIVATE LIMITED

What is the incorporation date of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The incorporation date of HINDUSTAN PLATINUM PRIVATE LIMITED is 04 October, 1961

What is the authorized share capital of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The authorized share capital of HINDUSTAN PLATINUM PRIVATE LIMITED is INR ₹ 50.0 Cr.

What is the paid-up capital of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The paid-up capital of HINDUSTAN PLATINUM PRIVATE LIMITED is INR ₹ 42.6 Cr.

What is the registered address of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The registered address of HINDUSTAN PLATINUM PRIVATE LIMITED is C 122 TTC INDUSTRIAL AREA PAWANE VILLAGE, NAVI MUMBAI, Maharashtra, India, 400703 - 400703

What is the CIN number of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The CIN number of HINDUSTAN PLATINUM PRIVATE LIMITED is U74999MH1961PTC012143.

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