About Hal Offshore Limited
Data last updated:
Hal Offshore Limited is a public limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the engineering sector. It was incorporated on 17 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24298UP1996PLC222222. Its GSTIN is 09AAACH3144B1Z4 (Uttar Pradesh). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.2 Cr. It was formerly known as Himachal Alkalies Limited. It is led by directors including Vineet Saran Agrawal (Whole-Time Director) and Naveen Mohta.
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 A – 32 Site – IV Industrial Area Sahibabad Ghaziabad Uttar Pradesh India201010, Sahibabad Ghaziabad Uttar Pradesh – 201010 India, Uttar Pradesh, India – 201010.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,256.56 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹446.44 Cr (net margin 19.8%) and EBITDA of ₹690.79 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 18% over five years.
The company has about 349 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HAL Offshore. As per MCA filings, the company has open charges of ₹1,495.6 Cr and satisfied charges of ₹1,230.33 Cr on record. Court records list 78 cases involving the company, including 56 filed by the company and 15 filed against it; 15 cases are pending. The company has 22 deals on record (18 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹39.77 Cr; the latest was in March 2025. Its 6 peer companies in the Oil and Gas industry (Infrastructure Services) are compared by revenue, 1 larger and 5 smaller; the largest is Jitf Urban Infrastructure Services Limited with revenue of ₹2,309.3 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haloffshore.in.
CIN History of Hal Offshore Limited
Hal Offshore has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24298UP1996PLC222222, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24298UP1996PLC222222 | Current |
| U24298DL1996PLC083879 | Previous |
| U24298MH1996PLC393083 | Previous |
| U24298DL1996PLC375526 | Previous |
| U24298MH1996PLC310098 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA – 32 Site – IV Industrial Area Sahibabad Ghaziabad Uttar Pradesh India201010, Sahibabad Ghaziabad Uttar Pradesh – 201010 India, Uttar Pradesh, India – 201010
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- 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 Hal Offshore Limited
Hal Offshore operates one associated brand: HAL Offshore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offshore engineering, marine services, and project execution in the energy sector. | haloffshore.in |
Financials of Hal Offshore Limited FY 2024 filings available
Hal Offshore Limited reported revenue of ₹2,256.56 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hal Offshore Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 51% growth in the latest year. EBITDA rose 57% 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 Hal Offshore Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹690.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹446.44 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hal Offshore Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.8% | •••• | •••• | •••• | •••• |
| 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 Hal Offshore 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 and KMP of Hal Offshore Limited
Hal Offshore Limited currently reports 4 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Mohta | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Vineet Saran Agrawal Also directs: Green City Infraspace (Nagpur) LLP, Hal N V LLP, Aarey Organic Industries Pvt.Ltd. and 3 more | Whole-Time Director | 13 Jan 2020 | 6 Years 9 Months | Current |
| Subrat Das | Cfo | 22 Feb 2016 | 10 Years 7 Months | Current |
| Krishan Kumar | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Neha Jain | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
Peer Comparison of Hal Offshore Limited
Hal Offshore Limited is compared with the companies closest to it by revenue in the Oil and Gas industry (Infrastructure Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jitf Urban Infrastructure Services Limited | ₹2,309.3 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Dharsiwa, Chhattisgarh, India |
| Hal Offshore Limited this company | ₹2,256.56 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Tata Steel Utilities and Infrastructure Services Limited | ₹1,698.92 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Jamshedpur, Jharkhand, India |
| Adani Total Private Limited | ₹1,408.72 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Ahmedabad, Gujarat, India |
| Hpcl-Mittal Pipelines Limited | ₹1,211.2 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bathinda, Punjab, India |
| Atc Infrastructure Services Private Limited | ₹1,133.51 Cr (FY 2019) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| Schlumberger Solutions Private Limited | ₹1,088 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Hal Offshore by revenue in the Oil and Gas industry (Infrastructure Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Hal Offshore Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jan 2025 | Others | ₹200 Cr | Open |
| 10 Feb 2023 | Others | ₹300 Cr | Open |
| 18 Jan 2022 | Axis Bank Limited | ₹400 Cr | Open |
| 31 Jan 2020 | Others | ₹60 Lakh | Open |
| 01 Sep 2017 | Hdfc Bank Limited | ₹595 Cr | Open |
Total charge records: 23 View all charges
Deals & Funding of Hal Offshore Limited
Hal Offshore Limited has 22 deals on record (18 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹39.77 Cr; the latest was in March 2025.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Fortune Industrial Resources Limited Seller: Castle Rock Advisors Private Limited , K2 Infosolutions Private Limited |
| Sep 2024 | Secondary share transfer | Undisclosed | Seller: Moon Beverages Limited , Se Finvest Private Limited , Hindustan Aqua Private Limited |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Empire Fincap Private Limited Seller: Indian Probuild Private Limited , Indian Durobuild Private Limited |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: RPL Capital Finance Limited Seller: Rinkpi Finance & Consultants Pvt Ltd |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Castle Rock Advisors Private Limited , K2 Infosolutions Private Limited Seller: Se Finvest Private Limited , Castle Rock Advisors Private Limited |
Full deal history
All 22 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 Hal Offshore Limited
Hal Offshore Limited has 78 court cases on record: 56 filed by Hal Offshore, 15 filed against it, 7 where it is another party. 15 cases are pending and 63 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 7 | 7 |
| District courts | 35 | 8 | 8 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Anoma Law Group LLP | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Bombay Tubes and Poles Infra LLP | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Bombay Tubes and Poles Infra LLP | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Bombay Tubes and Poles Infra LLP | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed by the company against Krrish Realtech Private Limited | Disposed |
Full case history
All 78 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.
Employees and EPFO Compliance at Hal Offshore Limited
Employment history and EPFO contributions of people linked to Hal Offshore.
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.
Recent Activity on Hal Offshore Limited
Hal Offshore Limited has 8 board changes on record since 2016: 5 appointments and 3 cessations. The latest: Kamal Narayan Rathi ceased to be Whole-Time Director on 30 Sep 2024.
51 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hal Offshore 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.
MSME Payment Delays by Hal Offshore Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hal Offshore 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 Hal Offshore Limited
Hal Offshore has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACH3144B1Z4 | Uttar Pradesh | Active | 25 Mar 2023 |
| 07AAACH3144B1Z8 | Delhi | Active | 01 Jul 2017 |
| 18AAACH3144B1Z5 | Assam | Active | 01 Jul 2017 |
| 27AAACH3144B1Z6 | 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 Hal Offshore 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 Hal Offshore Limited
Frequently Asked Questions about Hal Offshore Limited
Hal Offshore is an active public limited company based in Ghaziabad, Uttar Pradesh, India. The company works in the engineering industry. It was incorporated on 17 December 1996 (30+ years old) and is registered under CIN U24298UP1996PLC222222.
Hal Offshore reported revenue of ₹2,256.56 Cr for FY 2024 (up 51% YoY).
Hal Offshore has 5 current directors and KMP:
- Vineet Saran Agrawal - Whole-Time Director
- Naveen Mohta - Director
- Krishan Kumar - Director
- Neha Jain - Director
- Subrat Das - Cfo
Hal Offshore reported a net profit of ₹446.44 Cr (net margin 19.8%) and EBITDA of ₹690.79 Cr (EBITDA margin 30.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hal Offshore is 28% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hal Offshore is 09AAACH3144B1Z4, registered in Uttar Pradesh. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACH3144B1Z8 (Delhi), 18AAACH3144B1Z5 (Assam), 27AAACH3144B1Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Hal Offshore is U24298UP1996PLC222222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hal Offshore has 78 court cases on record: 56 filed by the company and 15 filed against it. 15 are pending. Most are in the high courts.
Hal Offshore was incorporated on 17 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kanpur.
Hal Offshore has 22 deals on record (18 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹39.77 Cr; the latest was in March 2025.
The peers of Hal Offshore by revenue are Jitf Urban Infrastructure Services Limited, Tata Steel Utilities and Infrastructure Services Limited, Adani Total Private Limited, Hpcl-Mittal Pipelines Limited, Atc Infrastructure Services Private Limited and 1 more, all in the Oil and Gas industry (Infrastructure Services).