About Hi Tech Additives
Hi Tech Additives is a Chemicals & Materials company. Manufacturing of additives for paints, inks, and construction chemicals. Its Indian entity Karo Chem Private Limited reported revenue of ₹3.68 Cr. Hi Tech Additives offers products and services including Additives for Water Base Paints and Additives for Inks. Its focus areas include Chemicals, Construction Materials, Construction Chemicals and Speciality Chemicals.
Company details
Hi Tech Additives is identified as a manufacturer of additives for paints, inks, and construction chemicals, where products such as TiO2 replacement pigments and organo metallic paint driers are supplied to reduce material usage in formulations. The company is associated with the Sneha Group and serves sectors including paint, coatings, inks, plastics, rubber, and construction. Operations are based in New Delhi and Haryana, India, with a focus on innovative technologies that are developed through research and development efforts to meet industrial needs.
- SectorsChemicals & Materials
- Email••••••••
- Website karochem.com
- Legal Name Karo Chem Pvt Ltd
- Date of Incorporation 18 Mar, 1993
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹3.68 Cr
FY 2022 · +31% YoY
- Indian entity net profit₹3.3 Lakh
FY 2022 · 1% margin
- Indian entity EBITDA₹15.2 Lakh
FY 2022 · 4% margin
Associated legal entities of Hi Tech Additives
Hi Tech Additives operates through Karo Chem Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karo Chem Private Limited CIN U24220DL1993PTC052654 | Active | 18 Mar 1993 | New Delhi, Delhi | ₹3.7 Cr | 3 | View details |
Products & Services of Hi Tech Additives
Hi Tech Additives offers a comprehensive portfolio of products and services, including Additives for Water Base Paints and Additives for Inks.
Additives are provided for water-based paints to improve formulations in industrial settings.
Additives are supplied for inks to enhance performance in printing and related applications.
Board of directors of Karo Chem Private Limited (Hi Tech Additives)
Karo Chem Private Limited is the primary company behind Hi Tech Additives. The board of Karo Chem Private Limited currently have 3 directors; the longest-serving is Harish Agrawal, appointed in 1993. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harish Agrawal DIN 00317268 | Director | 18 Mar 1993 | 33 yrs 7 mo | Karo Chem Private Limited |
| Sushma Agrawal DIN 00317307 | Director | 18 Mar 1993 | 33 yrs 7 mo | Karo Chem Private Limited |
| Nimish Agrawal DIN 00317195 | Director | 31 Jul 2003 | 23 yrs 3 mo | Karo Chem Private Limited |
Financials of Hi Tech Additives
Figures of Karo Chem Private Limited, the primary company behind Hi Tech Additives, for FY 2022. Revenue was ₹3.68 Cr (+31% year on year). Net profit was ₹3.3 Lakh (1% margin). EBITDA was ₹15.2 Lakh (4% margin). Revenue has grown at a compounded annual rate of +19% over three years and +30% over five years.
- ₹3.68 CrRevenue · FY 2022 · +31% YoY
- ₹3.3 LakhNet profit · 1% margin
- ₹15.2 LakhEBITDA · 4% margin
- ₹1.8 LakhPaid-up capital
- +19%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karo Chem Private Limited are on its company page.
Detailed financial statements for Hi Tech Additives
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Frequently Asked Questions about Hi Tech Additives
The primary company behind Hi Tech Additives, Karo Chem Private Limited, reported revenue of ₹3.68 Cr for FY 2022, up 31% year on year.
Hi Tech Additives is identified as a manufacturer of additives for paints, inks, and construction chemicals, where products such as TiO2 replacement pigments and organo metallic paint driers are supplied to reduce material usage in formulations. The company is associated with the Sneha Group and serves sectors including paint, coatings, inks, plastics, rubber, and construction. Operations are based in New Delhi and Haryana, India, with a focus on innovative technologies that are developed through research and development efforts to meet industrial needs.
Hi Tech Additives offers Additives for Water Base Paints and Additives for Inks.
Hi Tech Additives operates through Karo Chem Private Limited.
The legal entities of Hi Tech Additives currently have 3 directors, including Harish Agrawal, Nimish Agrawal, Sushma Agrawal.