Hailstone Innovations Private Limited

Hailstone Innovations Private Limited - machinery and equipment in Palakkad, Kerala, India. FY 2026 financials & compliance.
CIN U17235KL2006PTC020055 Incorporated 30 November 2006 ROC Ernakulam HQ Palakkad, Kerala, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2023
₹171.46 Cr
▲ 35% YoY
Net profit · FY 2023
₹1.69 Cr
Net margin 1%
EBITDA · FY 2023
₹4.38 Cr
EBITDA margin 2.6%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.81 Cr
Issued & subscribed
Open charges
₹47.5 Cr
Satisfied ₹10.77 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
280
Provident fund records

About Hailstone Innovations Private Limited

Data last updated:

Hailstone Innovations Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 November 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U17235KL2006PTC020055. Its GSTIN is 32AACCT7519E1ZK (Kerala). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.81 Cr. It was formerly known as Techno Mesh Private Limited. It is led by directors Williams Rayappan Jose (Managing Director) and Ragi Williams (Whole-Time Director).

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 Kinfra Integrated Industrial Park, Palakkad, Kerala.

As per the financials filed for FY 2023, the company reported a revenue of ₹171.46 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 1%) and EBITDA of ₹4.38 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 13% over five years.

The company has about 280 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹47.5 Cr and satisfied charges of ₹10.77 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 1 case is pending.

Hailstone Innovations Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0005097). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hailstonein.com.

Company details

CIN U17235KL2006PTC020055
Registration Number 020055
Incorporation Date 30 November 2006
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-10-0005097
Key People
Williams Rayappan Jose Managing Director Ragi Williams Whole-Time Director

Recognitions & Rankings of Hailstone Innovations

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-KL-10-0005097

Contact details

Hailstone Innovations Private Limited's registered office is in Palakkad, Kerala. Its website is hailstonein.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hailstonein.com
  • Social Media
  • Registered Address
    Plot No. S 91, Kinfra Integrated Industrial Park, Palakkad, Kerala, India – 678621
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Hailstone Innovations Private Limited, buy the company report.

Comprehensive company report
Hailstone Innovations 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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Financials of Hailstone Innovations Private Limited

FY 2025 filings available

Hailstone Innovations Private Limited reported revenue of ₹171.46 Cr (up 35% YoY) for FY 2023.

Revenue · FY 2023
₹171.46 Cr ▲ 35%
Net profit · FY 2023
₹1.69 Cr margin 1%
EBITDA · FY 2023
₹4.38 Cr margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 8%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 41%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 35% growth in the latest year. EBITDA fell 42% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹171.46 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.69 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2.6%
Net Profit Margin1%
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 Hailstone Innovations Private Limited, buy the company report.

Board of directors of Hailstone Innovations Private Limited

Hailstone Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Williams Rayappan Jose
Also directs: Chennai Saands Private Limited, Wearlay Solutions Private Limited
Managing Director30 Nov 200619 Years 11 MonthsCurrent
Ragi WilliamsWhole-Time Director30 Nov 200619 Years 11 MonthsCurrent
View all directors

Auditor

Hailstone Innovations Private Limited is audited by Varma & Varma Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Varma & Varma Chartered AccountantsFY 2023004532S

Shareholding

The shareholding of Hailstone Innovations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hailstone Innovations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹47.5 Cr
Satisfied charges
₹10.77 Cr
Breakdown by lending institutions
Others₹47.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Nov 2025101208379Others₹10 CrOpen
29 Sep 2025101169872Others₹50 LakhOpen
05 Mar 2024100878109Others₹5 CrOpen
30 Jun 2023100763851Others₹11 CrOpen
27 Jan 2023100676880Others₹1 CrOpen

To see the full charge records of Hailstone Innovations Private Limited, buy the company report.

Total charge records: 13 View all charges

MSME payment delays

Hailstone Innovations Private Limited has 3 MSME Form 1 returns on record between 2018 and 2019, listing 69 overdue payments to 36 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 36)

SupplierAmount dueDue sinceReported on
Sri Lakshmi Industries
an individual supplier
Shri A.N. Foundary
Sree Chakra Engineering Works
Sri Vishnu Industries

To see the full MSME payment records of Hailstone Innovations Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hailstone Innovations Private Limited has a workforce of 280 employees on its EPFO records as of Nov 08, 2024, across 2 active EPFO establishments.

Employee count
280
Active EPFO establishments
2
Employee growth
11.55%

GST

Hailstone Innovations has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
32AACCT7519E1ZKKeralaActive01 Jul 2017
32AACCT7519E2ZJKeralaActive30 Jul 2019
06AACCT7519E1ZFHaryanaActive07 Jun 2024

To see the full GST registrations and return filing status of Hailstone Innovations Private Limited, buy the company report.

Recent activity

Hailstone Innovations Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Ragi Williams ceased to be Director on 01 Jun 2019.

Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101208379 was registered on 18 Nov 2025.
AGM
Hailstone Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101169872 was registered on 29 Sep 2025.
Charges
A charge registered on 08 Feb 2023 via Charge ID 100673906 with Others was fully satisfied on 13 May 2025.
Filing
Hailstone Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge registered on 13 Dec 2018 via Charge ID 100227899 with The South Indian Bank Limited was fully satisfied on 13 May 2024.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100878109 was registered on 05 Mar 2024.
Charges
A charge registered on 13 Aug 2018 via Charge ID 100202066 with Others was fully satisfied on 28 Feb 2024.
Charges
A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100763851 was registered on 30 Jun 2023.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100673906 was registered on 08 Feb 2023.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100676880 was registered on 27 Jan 2023.
Charges
A charge with Others of Rs. 20.00 Cr registered on 17 Jul 2019 with Charge ID 100280949 was modified on 29 Sep 2020.

17 earlier events are in the company report.

Frequently asked questions

Hailstone Innovations is an active private limited company based in Palakkad, Kerala, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 November 2006 (20+ years old) and is registered under CIN U17235KL2006PTC020055.

Hailstone Innovations has 2 current directors:

The latest financial statements of Hailstone Innovations 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.

The GSTIN of Hailstone Innovations is 32AACCT7519E1ZK, registered in Kerala. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 32AACCT7519E2ZJ (Kerala), 06AACCT7519E1ZF (Haryana).

The CIN (Corporate Identification Number) of Hailstone Innovations is U17235KL2006PTC020055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hailstone Innovations has 11 court cases on record: 8 filed by the company and 3 filed against it. 1 is pending.

Hailstone Innovations was incorporated on 30 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ernakulam.

Ragi Williams ceased to be Director on 01 Jun 2019. Ragi Williams was appointed as Whole-Time Director on 30 Nov 2006. Williams Rayappan Jose was appointed as Managing Director on 30 Nov 2006.

Yes, Hailstone Innovations is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-10-0005097).

Hailstone Innovations has 3 MSME Form 1 returns on record between 2018 and 2019, listing 69 overdue payments to 36 micro and small suppliers. The latest return was filed on 30 May 2019.

Hailstone Innovations can be reached through the website hailstonein.com. Its registered office is in Palakkad, Kerala, India.