Higher Lifts & Escalators Private Limited

Higher Lifts & Escalators Private Limited - service in Kappiyarai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29309TN2017PTC113991 Incorporated 02 January 2017 ROC Chennai HQ Kappiyarai, Tamil Nadu, India
Active Private Limited Company service
Data last updated
Revenue · FY 2024
₹7.84 Lakh
▼ 20% YoY
Net loss · FY 2024
₹60,400
Net margin -7.7%
EBITDA · FY 2024
-₹60,400
EBITDA margin -7.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Higher Lifts & Escalators Private Limited

Data last updated:

Higher Lifts & Escalators Private Limited is a private limited company based in Kappiyarai, Tamil Nadu, India. It operates in the support services segment of the services sector. It was incorporated on 02 January 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2017PTC113991. Its GSTIN is 33AAECH0714R1ZI (Tamil Nadu).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chellam Sajin and Ponnumuthu Sarojini.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No: 1 – 38 Koonanvilai Karukupanai, Kappiyarai, Tamil Nadu, India – 629156.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.84 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹60,400 (net margin -7.7%) and EBITDA of -₹60,400 (EBITDA margin -7.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 39% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29309TN2017PTC113991
Registration Number 113991
Incorporation Date 02 January 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Higher Lifts & Escalators Private Limited's registered office is in Kappiyarai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No: 1 – 38 Koonanvilai Karukupanai, Kappiyarai, Tamil Nadu, India – 629156
  • Industry
    Service, Other Support Services

To see the full contact details of Higher Lifts & Escalators Private Limited, buy the company report.

Comprehensive company report
Higher Lifts & Escalators Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Higher Lifts & Escalators is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Higher Lifts & Escalators Private Limited, buy the company report.

Financials of Higher Lifts & Escalators Private Limited

FY 2024 filings available

Higher Lifts & Escalators Private Limited reported revenue of ₹7.84 Lakh (down 20% YoY) for FY 2024.

Revenue · FY 2024
₹7.84 Lakh ▼ 20%
Net loss · FY 2024
₹60,400 margin -7.7%
EBITDA · FY 2024
-₹60,400 margin -7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 21%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▼ 628%
3 years · compounded
▲ 45%
5 years · compounded
▼ 29%

Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 628% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹60,400
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹60,400
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-7.7%
Net Profit Margin-7.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Higher Lifts & Escalators Private Limited, buy the company report.

Board of directors of Higher Lifts & Escalators Private Limited

Higher Lifts & Escalators has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chellam SajinDirector02 Jan 20179 Years 10 MonthsCurrent
Ponnumuthu SarojiniDirector02 Jan 20179 Years 10 MonthsCurrent
KapildevDirector17 Jul 20188 Years 3 MonthsCurrent
Biju DevarajanDirector17 Jul 20188 Years 3 MonthsCurrent

Auditor

Higher Lifts & Escalators Private Limited is audited by I. VINCE RAJ for the financial year 2017.

Auditor firmFinancial yearFirm registration number
I. VINCE RAJFY 2017236205

Shareholding

The shareholding of Higher Lifts & Escalators Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Higher Lifts & Escalators Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Higher Lifts & Escalators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Higher Lifts & Escalators has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAECH0714R1ZITamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Higher Lifts & Escalators Private Limited, buy the company report.

Recent activity

Higher Lifts & Escalators Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Biju Devarajan was appointed as Director on 17 Jul 2018.

AGM
Higher Lifts & Escalators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Higher Lifts & Escalators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Biju Devarajan was appointed as Director.
Appointed
Kapildev was appointed as Director.
Appointed
Chellam Sajin was appointed as Director.
Appointed
Ponnumuthu Sarojini was appointed as Director.
Incorporation
02 Jan 2017
Higher Lifts & Escalators Private Limited was registered on 02 Jan 2017 with Roc Chennai & aged 9 years 10 months as per MCA records.

Frequently asked questions

Higher Lifts & Escalators is an active private limited company based in Kappiyarai, Tamil Nadu, India. The company works in other support services, within the service industry. It was incorporated on 02 January 2017 (9+ years old) and is registered under CIN U29309TN2017PTC113991.

Higher Lifts & Escalators has 4 current directors:

The latest financial statements of Higher Lifts & Escalators on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Higher Lifts & Escalators is 33AAECH0714R1ZI, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Higher Lifts & Escalators is U29309TN2017PTC113991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Higher Lifts & Escalators was incorporated on 02 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.

Biju Devarajan was appointed as Director on 17 Jul 2018. Kapildev was appointed as Director on 17 Jul 2018. Chellam Sajin was appointed as Director on 02 Jan 2017. Higher Lifts & Escalators has 4 board changes on record in total.

The registered office of Higher Lifts & Escalators is at No: 1 – 38 Koonanvilai Karukupanai, Kappiyarai, Tamil Nadu, India – 629156.

Higher Lifts & Escalators operates in the service industry, in the other support services segment.

The compliance status of Higher Lifts & Escalators is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.