- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0111179

Hifin Saws and Tools Private Limited
About Hifin Saws and Tools Private Limited
Data last updated:
Hifin Saws and Tools Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 25 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29248MH2013PTC246164. Its GSTIN is 24AAFCK2455B1Z0 (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.31 Cr. It was formerly known as Kru Tools Private Limited and Saws Tools Manufacturing Private Limited. It is led by directors Niraj Pankaj Bhukhanwala and Karan Nitish Bhukhanwala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.07 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹55.23 Lakh (net margin 7.8%) and EBITDA of ₹90.37 Lakh (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 34% over five years.
Hifin Saws and Tools Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0111179). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Hifin Saws and Tools has undergone 2 name changes throughout its history. The company was previously known as Kru Tools Private Limited, and Saws Tools Manufacturing Private Limited. The current legal name is Hifin Saws And Tools Private Limited.
| Company Name | Status |
|---|---|
| Hifin Saws and Tools Private Limited | Current |
| Kru Tools Private Limited | Previous |
| Saws Tools Manufacturing Private Limited | Previous |
Recognitions & Rankings of Hifin Saws and Tools
Contact details
Hifin Saws and Tools Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address8th Flr Bhukhanvala Chambers B – 28 Veera Indl Est. Cts 595 Village Oshiwara Off Link Road A, Ndheri (W), Mumbai, Maharashtra, India – 400053
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Hifin Saws and Tools Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Hifin Saws and Tools is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Hifin Saws and Tools Private Limited, buy the company report.
Financials of Hifin Saws and Tools Private Limited
FY 2025 filings availableHifin Saws and Tools Private Limited reported revenue of ₹7.07 Cr (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 50% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹90.37 Lakh | ||||
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| Net Profit (PAT) | ₹55.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Hifin Saws and Tools Private Limited, buy the company report.
Board of directors of Hifin Saws and Tools Private Limited
Hifin Saws and Tools has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Pankaj Bhukhanwala Also directs: Hifin Trading Co LLP, Precision Wires India Limited, Precision Wires India Limited and 5 more | Director | 25 Jan 2017 | 9 Years 9 Months | Current |
| Karan Nitish Bhukhanwala | Director | 12 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Hifin Saws and Tools Private Limited is audited by S R DIVATIA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R DIVATIA & CO | FY 2022 | 102646W |
Shareholding
The shareholding of Hifin Saws and Tools Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hifin Saws and Tools Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hifin Saws and Tools Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hifin Saws and Tools Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hifin Saws and Tools has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCK2455B1Z0 | Gujarat | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Hifin Saws and Tools Private Limited, buy the company report.
Recent activity
Hifin Saws and Tools Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Niyati Nitin Desai ceased to be Director on 19 Jan 2018.
Frequently asked questions
Hifin Saws and Tools is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 25 July 2013 (13+ years old) and is registered under CIN U29248MH2013PTC246164.
Hifin Saws and Tools has 2 current directors:
- Niraj Pankaj Bhukhanwala - Director
- Karan Nitish Bhukhanwala - Director
The latest financial statements of Hifin Saws and Tools on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hifin Saws and Tools is 24AAFCK2455B1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Hifin Saws and Tools is U29248MH2013PTC246164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hifin Saws and Tools was incorporated on 25 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Niyati Nitin Desai ceased to be Director on 19 Jan 2018. Karan Nitish Bhukhanwala was appointed as Director on 12 Jan 2018. Radhakrishnan Kodakara Unni ceased to be Director on 31 Jan 2017. Hifin Saws and Tools has 4 board changes on record in total.
Yes, Hifin Saws and Tools is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0111179).
The registered office of Hifin Saws and Tools is at 8th Flr Bhukhanvala Chambers B – 28 Veera Indl Est. Cts 595 Village Oshiwara Off Link Road A, Ndheri W, Mumbai, Maharashtra, India – 400053.
Hifin Saws and Tools operates in the machinery and equipment industry, in the industrial machine tools segment.

