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HITECH CORPORATION LIMITED
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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 2023 numbers.
Total Revenue
-4.89%
-4.89%
EBITDA
-13.53%
-13.53%
Net Profit
-24.25%
-24.25%
Networth
12.1%
12.1%
Borrowings
-36.28%
-36.28%
Assets
-3.8%
-3.8%
Gross Margin
0.41
0.41
Operating Margin
-1.3
-1.3
Net Profit Margin
-1.29
-1.29
Return on Equity
-5.59
-5.59
ROCE
-4.08
-4.08
Debt to Equity
-0.19
-0.19
Sales
Mar 2023
Net worth
Mar 2023
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Locations
India
(13)
| State | Type | Address |
|---|
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- No risks identified
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- 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
| 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 |
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| Networth | |||||
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Margins
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Operating margin
Net margin
Balance Sheet
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Financials upto March 2023 available in Tofler Pro
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|---|---|---|---|---|---|
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Total assets
Profit & Loss
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Financials upto March 2023 available in Tofler Pro
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
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Revenue from operations
Ratios
Financials upto March 2023 available in Tofler Pro
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Solvency + | |||||
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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
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 | 20 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 | 6 years |
| Director | Anjan Ray | 03630088 | 1 years |
| Kmp | Ashish Roongta Vinodkumar | <HIDDEN> | 2 years |
| Director | Bomi Pesi Chinoy | 07519315 | 9 years |
| CFO | Avan Rohinton Chaina | <HIDDEN> | 6 years |
Company Network
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Companies connected through Directors
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| CLEAR MIPAK PACKAGING SOLUTIONS LIMITED | Maharashtra | 1986 | ₹ 4.5 Cr |
Registered Details
CIN
L28992MH1991PLC168235PAN
AAACH5161NIncorporation
1991, 33.6 yearsCompany Email
secretarial@hitechgroup.comPaid up Capital
₹ 17.2 CrAuthorised Capital
₹ 60.5 CrAGM
Jul 2023Type
Public
Non-government Company
FAQ - HITECH CORPORATION LIMITED
What is the incorporation date of HITECH CORPORATION LIMITED?
The incorporation date of HITECH CORPORATION LIMITED is 16 October, 1991
What is the authorized share capital of HITECH CORPORATION LIMITED?
The authorized share capital of HITECH CORPORATION LIMITED is INR ₹ 60.5 Cr.
What is the paid-up capital of HITECH CORPORATION LIMITED?
The paid-up capital of HITECH CORPORATION LIMITED is INR ₹ 17.2 Cr.
What is the registered address of HITECH CORPORATION LIMITED?
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?
The CIN number of HITECH CORPORATION LIMITED is L28992MH1991PLC168235.
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