Adithya Hitec Gear Private Limited

Adithya Hitec Gear Private Limited - automotive in Coimbatore, Tamil Nadu, India. Directors, charges & compliance details.
CIN U29130TZ2005PTC011838 Incorporated 26 May 2005 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Struck Off Private Limited Company automotive
Data last updated
Revenue · FY 2021
₹2.57 Lakh
▼ 98% YoY
Net loss · FY 2021
₹5.39 Lakh
Net margin -210%
EBITDA · FY 2021
-₹1.34 Lakh
EBITDA margin -52.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Satisfied charges
₹1.5 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings

About Adithya Hitec Gear Private Limited

Data last updated:

Adithya Hitec Gear Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 26 May 2005.

The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29130TZ2005PTC011838. Its GSTIN is 33AAJCS1341J1ZH (Tamil Nadu).

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as S G S Equipments India Private Limited. It was led by directors including Sukumaran Praveen Kumar and Chinnasamy Sukumaran.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Sf No 429 Sakthi Main Road Ganapathy, Coimbatore, Tamil Nadu, India – 641006.

As per the financials filed for FY 2021, the company reported a revenue of ₹2.57 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹5.39 Lakh (net margin -210%) and EBITDA of -₹1.34 Lakh (EBITDA margin -52.2%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 51% over five years.

As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record.

Company details

CIN U29130TZ2005PTC011838
Registration Number 011838
Incorporation Date 26 May 2005
ROC Coimbatore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant

CIN history

Adithya Hitec Gear has one previous CIN (Corporate Identification Number): U29199TZ2005PTC011838. The current CIN is U29130TZ2005PTC011838, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29130TZ2005PTC011838Current
U29199TZ2005PTC011838Previous

Contact details

Adithya Hitec Gear Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Sf No 429 Sakthi Main Road Ganapathy, Coimbatore, Tamil Nadu, India – 641006
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Adithya Hitec Gear Private Limited, buy the company report.

Comprehensive company report
Adithya Hitec Gear 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 Adithya Hitec Gear is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC12Repair & installation of machinery & equipment, motor vehicles

To see the full business activity and turnover split of Adithya Hitec Gear Private Limited, buy the company report.

Financials of Adithya Hitec Gear Private Limited

FY 2021 filings available

Adithya Hitec Gear Private Limited reported revenue of ₹2.57 Lakh (down 98% YoY) for FY 2021.

Revenue · FY 2021
₹2.57 Lakh ▼ 98%
Net loss · FY 2021
₹5.39 Lakh margin -210%
EBITDA · FY 2021
-₹1.34 Lakh margin -52.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 69%
5 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▼ 110%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 98% fall in the latest year. EBITDA fell 110% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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-₹1.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.39 Lakh
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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-52.2%
Net Profit Margin-210%
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 Adithya Hitec Gear Private Limited, buy the company report.

Board of directors of Adithya Hitec Gear Private Limited

Adithya Hitec Gear has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sukumaran Praveen KumarDirector22 Jul 201313 Years 3 MonthsAs last reported
Chinnasamy SukumaranDirector26 May 200521 Years 5 MonthsAs last reported
Sukumaran ParimalaDirector26 Mar 200917 Years 7 MonthsAs last reported

Auditor

Adithya Hitec Gear Private Limited is audited by BAKTHAVACHALAM & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
BAKTHAVACHALAM & COFY 2019006066S

Shareholding

The shareholding of Adithya Hitec Gear Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Adithya Hitec Gear Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Ing Vysya Bank Ltd.₹1.00 Cr
Axis Bank Ltd₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Feb 201310413400Axis Bank Ltd₹50 LakhSatisfied
05 Dec 200590327362Ing Vysya Bank Ltd.₹1 CrSatisfied

To see the full charge records of Adithya Hitec Gear Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Adithya Hitec Gear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Adithya Hitec Gear has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAJCS1341J1ZHTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Adithya Hitec Gear Private Limited, buy the company report.

Recent activity

Adithya Hitec Gear Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Sukumaran Praveen Kumar was appointed as Director on 22 Jul 2013.

AGM
Adithya Hitec Gear Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Adithya Hitec Gear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore.
Charges
A charge registered on 12 Feb 2013 via Charge ID 10413400 with Axis Bank Ltd was fully satisfied on 14 May 2015.
Appointed
Sukumaran Praveen Kumar was appointed as Director.
Charges
A charge with Axis Bank Ltd amounted to Rs. 0.50 Cr with Charge ID 10413400 was registered on 12 Feb 2013.
Charges
A charge registered on 05 Dec 2005 via Charge ID 90327362 with Ing Vysya Bank Ltd. was fully satisfied on 08 Feb 2013.
Ceased
Nanjegownder Saravanabhavanan ceased to be Director.
Appointed
Sukumaran Parimala was appointed as Director.
Charges
A charge with Ing Vysya Bank Ltd. amounted to Rs. 1.00 Cr with Charge ID 90327362 was registered on 05 Dec 2005.
Appointed
Chinnasamy Sukumaran was appointed as Director.
Incorporation
26 May 2005
Adithya Hitec Gear Private Limited was registered on 26 May 2005 with Roc Coimbatore & aged 21 years 5 months as per MCA records.

Frequently asked questions

Adithya Hitec Gear has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Adithya Hitec Gear was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 26 May 2005 and is registered under CIN U29130TZ2005PTC011838. The company has been struck off by the Registrar of Companies and is no longer operational.

Adithya Hitec Gear had 3 directors:

The CIN (Corporate Identification Number) of Adithya Hitec Gear is U29130TZ2005PTC011838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Adithya Hitec Gear is at Sf No 429 Sakthi Main Road Ganapathy, Coimbatore, Tamil Nadu, India – 641006.

Adithya Hitec Gear was incorporated on 26 May 2005. It is registered with the Registrar of Companies, Coimbatore.

The latest financial statements of Adithya Hitec Gear on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Adithya Hitec Gear is 33AAJCS1341J1ZH, registered in Tamil Nadu.

Adithya Hitec Gear operated in the automotive industry, in the auto parts and components segment. It worked in this industry before it was struck off.

Sukumaran Praveen Kumar was appointed as Director on 22 Jul 2013. Nanjegownder Saravanabhavanan ceased to be Director on 31 Mar 2009. Sukumaran Parimala was appointed as Director on 26 Mar 2009. Adithya Hitec Gear has 4 board changes on record in total.