About Altima Hi-Tech Private Limited
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Altima Hi-Tech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 19 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1998PTC116270. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.9 Lakh. It is led by directors Gayatri Hitesh Panchal and Hitesh Gunvantlal Panchal.
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 B/91 Balaji Industrial Estatehanuman Nagar Kandivali East, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.21 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹59.29 Lakh and EBITDA of -₹58.41 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 55% over five years.
As per MCA filings, the company has satisfied charges of ₹1.87 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altimahitech.com.
Company details
Contact details
Altima Hi-Tech Private Limited's registered office is in Mumbai, Maharashtra. Its website is altimahitech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB/91 Balaji Industrial Estatehanuman Nagar Kandivali East, Mumbai, Maharashtra, India – 400101
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Altima Hi-Tech 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
Financials of Altima Hi-Tech Private Limited
FY 2025 filings availableAltima Hi-Tech Private Limited reported revenue of ₹10.21 Lakh (down 91% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 91% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.21 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹58.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹59.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Altima Hi-Tech Private Limited, buy the company report.
Board of directors of Altima Hi-Tech Private Limited
Altima Hi-Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayatri Hitesh Panchal | Director | 19 Aug 1998 | 28 Years 2 Months | Current |
| Hitesh Gunvantlal Panchal | Director | 19 Aug 1998 | 28 Years 2 Months | Current |
Auditor
Altima Hi-Tech Private Limited is audited by SONEJEE & GANDHI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SONEJEE & GANDHI | FY 2022 | 116585W |
Shareholding
The shareholding of Altima Hi-Tech 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 Altima Hi-Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2020 | 100330042 | Hdfc Bank Limited | ₹45 Lakh | Satisfied | |
| 23 Nov 2009 | 10188285 | State Bank of India | ₹55.47 Lakh | Satisfied | |
| 19 Feb 2008 | 10091674 | State Bank of Saurashtra | ₹10 Lakh | Satisfied | |
| 19 Feb 2008 | 10091675 | State Bank of Saurashtra | ₹45 Lakh | Satisfied | |
| 19 Feb 2008 | 10091769 | State Bank of Saurashtra | ₹12 Lakh | Satisfied |
To see the full charge records of Altima Hi-Tech Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Altima Hi-Tech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Osram India Pvt Ltd | Disposed |
To see the full case history of Altima Hi-Tech Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Altima Hi-Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Altima Hi-Tech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Altima Hi-Tech Private Limited, buy the company report.
Recent activity
Altima Hi-Tech Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Chandanben Gunvantlal Panchal ceased to be Director on 04 Aug 2009.
8 earlier events are in the company report.
Frequently asked questions
Altima Hi-Tech is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 19 August 1998 (28+ years old) and is registered under CIN U25200MH1998PTC116270.
Altima Hi-Tech has 2 current directors:
- Gayatri Hitesh Panchal - Director
- Hitesh Gunvantlal Panchal - Director
The latest financial statements of Altima Hi-Tech 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.
No. Altima Hi-Tech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Altima Hi-Tech is U25200MH1998PTC116270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altima Hi-Tech has 1 court case on record: 1 filed against it.
Altima Hi-Tech was incorporated on 19 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandanben Gunvantlal Panchal ceased to be Director on 04 Aug 2009. Gayatri Hitesh Panchal was appointed as Director on 19 Aug 1998. Hitesh Gunvantlal Panchal was appointed as Director on 19 Aug 1998.
Altima Hi-Tech can be reached through the website altimahitech.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Altima Hi-Tech is at B91 Balaji Industrial Estatehanuman Nagar Kandivali East, Mumbai, Maharashtra, India – 400101.
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