About Advik Hi-Tech Private Limited
Data last updated:
Advik Hi-Tech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 12 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN1998PTC013028. Its GSTIN is 05AACCA3106E1ZH (Uttarakhand). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹26.81 Cr and a paid-up capital of ₹2.36 Cr. It is led by directors including Aditya Bhartia (Managing Director) and Radhe Shyam Bhartia (Whole-Time Director).
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 Gat No 357 Plot No 99 Part Achakan Talegaon Road Kharabwad I Chakan, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,097.77 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹84.46 Cr (net margin 7.7%) and EBITDA of ₹183.38 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 16% over five years.
The company has about 667 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: ADVIK Hi-Tech. As per MCA filings, the company has open charges of ₹107.5 Cr and satisfied charges of ₹242.33 Cr on record. Court records list 100 cases involving the company, including 89 filed by the company and 10 filed against it; 14 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round); the latest was in March 2024. Its 10 peer companies in the Automobiles industry (Auto Ancillary) are compared by revenue, 5 larger and 5 smaller; the largest is Futaba Industrial Gujarat Private Limited with revenue of ₹1,116.51 Cr. The company has 18 MSME Form 1 returns on record between 2018 and 2024, listing 1,298 overdue payments to 275 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advik.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGat No 357 Plot No 99 Part Achakan Talegaon Road Kharabwad I Chakan, Pune, Maharashtra, India – 410501
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Associated Brands with Advik Hi-Tech Private Limited
Advik Hi-Tech operates one associated brand: ADVIK Hi-Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures precision components for automotive and industrial markets worldwide. | advik.co.in |
Business Activity of Advik Hi-Tech Private Limited
The main business activity of Advik Hi-Tech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Advik Hi-Tech Private Limited FY 2024 filings available
Advik Hi-Tech Private Limited reported revenue of ₹1,097.77 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Advik Hi-Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 19% growth in the latest year. EBITDA fell 5% 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 of Advik Hi-Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹183.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹84.46 Cr | •••• | •••• | •••• | •••• |
| 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 of Advik Hi-Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Advik Hi-Tech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Advik Hi-Tech Private Limited
Advik Hi-Tech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Bhartia Also directs: Advik Energy Private Limited, Advik Precision Private Limited, Advik Autocomp Private Limited and 3 more | Managing Director | 31 Mar 2000 | 26 Years 6 Months | Current |
| Radhe Shyam Bhartia | Whole-Time Director | 12 Nov 1998 | 27 Years 11 Months | Current |
| Prem Prakash Gajpal | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
Peer Comparison of Advik Hi-Tech Private Limited
Advik Hi-Tech Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Futaba Industrial Gujarat Private Limited | ₹1,116.51 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Ahmedabad, Gujarat, India |
| Hero Motors Limited | ₹1,111.23 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ludhiana, Punjab, India |
| FCC India Manufacturing Private Limited | ₹1,101.98 Cr (FY 2015) | •••• | •••• | 15.0% | •••• | Gurgaon, Haryana, India |
| A G Industries Pvt Ltd | ₹1,100.82 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Haryana, India |
| GKN Driveline (India) Limited | ₹1,100.17 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Haryana, India |
| Advik Hi-Tech Private Limited this company | ₹1,097.77 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Faurecia Emissions Control Technologies India Private Limited | ₹1,083.19 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Advics India Private Limited | ₹1,078.01 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolar, Karnataka, India |
| Baxy Limited | ₹1,075.03 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Polyplastics Industries (India) Private Limited..... | ₹1,071.58 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Haryana, India |
| Volvo Auto India Private Limited | ₹1,071.53 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Advik Hi-Tech by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Advik Hi-Tech Private Limited
Advik Hi-Tech Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Advik Hi-Tech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Advik Hi-Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2023 | Citi Bank N.A. | ₹10 Cr | Open |
| 21 Jul 2022 | Others | ₹15 Cr | Open |
| 31 May 2022 | Hdfc Bank Limited | ₹35 Cr | Open |
| 09 Jul 2019 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open |
| 15 Jul 2013 | Hdfc Bank Limited | ₹20 Cr | Open |
Total charge records: 38 View all charges
Deals & Funding of Advik Hi-Tech Private Limited
Advik Hi-Tech Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round); the latest was in March 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Vikram Bhartia Family Private Trust, Aditya Bhartia Family Private Trust Seller: 3 individuals |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: R.S. Bhartia (HUF) |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Advik Hi-Tech Private Limited
Advik Hi-Tech Private Limited has 100 court cases on record: 89 filed by Advik Hi-Tech, 10 filed against it, 1 where it is another party. 14 cases are pending and 86 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 89 | 9 | 11 |
| High courts | 11 | 1 | 3 |
Cases on record (5 of 100)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Dsir Technologies Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Elmech Automations Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Cygnet International Private Limited | Pending |
| District court, Rewari, Haryana | Court case (SUMM) | Filed against the company by an individual | Pending |
| Bombay High Court | Tax appeal | Filed by the company against Asstt Commissioner of Income Tax, Circle 8, Pune | Pending |
Full case history
All 100 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Advik Hi-Tech Private Limited
Advik Hi-Tech Private Limited has 18 MSME Form 1 returns on record between 2018 and 2024, listing 1,298 overdue payments to 275 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 275)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Distil Education & Technology Private Limited | •••• | •••• | •••• |
| Ravin Electroseals Private Limited | •••• | •••• | •••• |
| Neo Heights Builders & Promoters Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Unisol Communications Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 18 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Advik Hi-Tech Private Limited
Advik Hi-Tech Private Limited has a workforce of 667 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Advik Hi-Tech Private Limited
Advik Hi-Tech has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Advik Precision Private Limited | U28999PN2008PTC131537 | Locked |
| Advik Autocomp Private Limited | U29256PN2019PTC187145 | Locked |
| Advik Techno Products Private Limited | U29305PN2019PTC182448 | Locked |
| Advik Future Fuels Private Limited | U29308PN2022PTC213417 | Locked |
| Advik Electric Private Limited | U34100PN2021PTC204761 | Locked |
| Advik Auto Private Limited | U34102KA2009PTC049218 | Locked |
Showing major subsidiaries. Total: 6.
Recent Activity on Advik Hi-Tech Private Limited
Advik Hi-Tech Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Prem Prakash Gajpal was appointed as Director on 01 Apr 2019.
75 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Advik Hi-Tech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Advik Hi-Tech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Advik Hi-Tech Private Limited
Advik Hi-Tech has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AACCA3106E1ZH | Uttarakhand | Active | 01 Jul 2017 |
| 06AACCA3106E1ZF | Haryana | Active | 01 Jul 2017 |
| 24AACCA3106E1ZH | Gujarat | Active | 01 Jul 2017 |
| 27AACCA3106E1ZB | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Advik Hi-Tech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Advik Hi-Tech Private Limited
Frequently Asked Questions about Advik Hi-Tech Private Limited
Advik Hi-Tech is an active private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 12 November 1998 (28+ years old) and is registered under CIN U29299PN1998PTC013028.
Advik Hi-Tech reported revenue of ₹1,097.77 Cr for FY 2025 (up 19% YoY).
Advik Hi-Tech has 3 current directors:
- Aditya Bhartia - Managing Director
- Radhe Shyam Bhartia - Whole-Time Director
- Prem Prakash Gajpal - Director
Advik Hi-Tech reported a net profit of ₹84.46 Cr (net margin 7.7%) and EBITDA of ₹183.38 Cr (EBITDA margin 16.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Advik Hi-Tech is 24% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Advik Hi-Tech is 05AACCA3106E1ZH, registered in Uttarakhand. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 06AACCA3106E1ZF (Haryana), 24AACCA3106E1ZH (Gujarat), 27AACCA3106E1ZB (Maharashtra).
The CIN (Corporate Identification Number) of Advik Hi-Tech is U29299PN1998PTC013028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advik Hi-Tech has 100 court cases on record: 89 filed by the company and 10 filed against it. 14 are pending. Most are in the district courts.
Advik Hi-Tech was incorporated on 12 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Pune.
Advik Hi-Tech has 7 deals on record (6 secondary share transfers, 1 funding round); the latest was in March 2024.
The peers of Advik Hi-Tech by revenue are Futaba Industrial Gujarat Private Limited, Hero Motors Limited, FCC India Manufacturing Private Limited, A G Industries Pvt Ltd, GKN Driveline (India) Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Prem Prakash Gajpal was appointed as Director on 01 Apr 2019. Aditya Bhartia was appointed as Managing Director on 31 Mar 2000. Radhe Shyam Bhartia was appointed as Whole-Time Director on 12 Nov 1998.