About HC Hydraulic Technologies Private Limited
Data last updated:
HC Hydraulic Technologies Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Walvoil S.P.A, Italy. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 01 September 2005.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29120KA2005FTC037112. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Cr and a paid-up capital of ₹28.08 Cr. It was led by directors Dwarakan Ramalingam (Managing Director) and Victor Gottardi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at A – 5 Ngef Industrial Estatewhitefield Road Mahadevapura Post, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2017, the company reported a revenue of ₹64.68 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹7.45 Cr (net margin 11.5%) and EBITDA of ₹15.3 Cr (EBITDA margin 23.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 15% over five years.
The company had about 89 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹11.5 Cr on record.
The last known website on record is hydrocontrol-inc.com.
Company details
CIN history
HC Hydraulic Technologies has one previous CIN (Corporate Identification Number): U29120KA2005PTC037112. The current CIN is U29120KA2005FTC037112, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120KA2005FTC037112 | Current |
| U29120KA2005PTC037112 | Previous |
Contact details
HC Hydraulic Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is hydrocontrol-inc.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 5 Ngef Industrial Estatewhitefield Road Mahadevapura Post, Bangalore, Karnataka, India – 560048
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of HC Hydraulic Technologies 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 HC Hydraulic Technologies Private Limited
FY 2017 filings availableHC Hydraulic Technologies Private Limited reported revenue of ₹64.68 Cr (up 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 12% growth in the latest year. EBITDA rose 19% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹64.68 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹15.3 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹7.45 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 23.7% | ||
| Net Profit Margin | 11.5% | ||
| 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 HC Hydraulic Technologies Private Limited, buy the company report.
Board of directors of HC Hydraulic Technologies Private Limited
HC Hydraulic Technologies has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Victor Gottardi | Director | 22 Jun 2015 | 11 Years 4 Months | As last reported |
| Dwarakan Ramalingam Also directs: Sabaf India Private Limited | Managing Director | 28 Jun 2007 | 19 Years 4 Months | As last reported |
Auditor
HC Hydraulic Technologies Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2017 | 008072S |
Shareholding
The shareholding of HC Hydraulic Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of HC Hydraulic Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2012 | 10369294 | Axis Bank Limited | ₹3.5 Cr | Satisfied | |
| 10 Jul 2006 | 10055127 | State Bank of India | ₹8 Cr | Satisfied |
To see the full charge records of HC Hydraulic Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving HC Hydraulic Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HC Hydraulic Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HC Hydraulic Technologies Private Limited has a workforce of 89 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
HC Hydraulic Technologies 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 HC Hydraulic Technologies Private Limited, buy the company report.
Recent activity
HC Hydraulic Technologies Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Antonio Cocozza Esposito ceased to be Director on 07 Feb 2018.
7 earlier events are in the company report.
Frequently asked questions
HC Hydraulic Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
HC Hydraulic Technologies was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 01 September 2005 and is registered under CIN U29120KA2005FTC037112. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
HC Hydraulic Technologies was incorporated on 01 September 2005. It is registered with the Registrar of Companies, Bangalore.
HC Hydraulic Technologies had 2 directors:
- Dwarakan Ramalingam - Managing Director
- Victor Gottardi - Director
The CIN (Corporate Identification Number) of HC Hydraulic Technologies is U29120KA2005FTC037112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of HC Hydraulic Technologies is at A – 5 Ngef Industrial Estatewhitefield Road Mahadevapura Post, Bangalore, Karnataka, India – 560048.
HC Hydraulic Technologies can be reached through the website hydrocontrol-inc.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of HC Hydraulic Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. HC Hydraulic Technologies has 1 GST registration on record and it is cancelled or inactive.
HC Hydraulic Technologies operated in the machinery and equipment industry, in the industrial control valves and systems segment.
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