About HD Fire Protect Limited
Data last updated:
HD Fire Protect Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the fire safety and firefighting equipment segment of the machinery and industrial equipment sector. It was incorporated on 24 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29270MH1997PLC107536. Its GSTIN is 27AABCD0020D1ZK (Maharashtra). The company holds 4 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544994 and NSE: HDFIRE.
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹87.62 Cr. It was formerly known as Dh Fire Protect Private Limited. It is led by directors including Harish Narshi Dharamshi (Managing Director) and Anik Narendra Dharamshi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹489.28 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹99.85 Cr (net margin 20.4%) and EBITDA of ₹150.46 Cr (EBITDA margin 30.8%). The net worth stands at ₹376.98 Cr (down 5.1% YoY). Total assets are valued at ₹378.92 Cr (down 4.8% YoY).
The company has about 103 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HD Fire Protect. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹18.42 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 1 case is pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹54.8 Lakh; the latest was in February 2024. Its 3 peer companies in the Machinery and Equipment industry (Firefighting Products), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Nitin Fire Protection Industries Limited with revenue of ₹893.27 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 386 overdue payments to 98 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hdfire.com.
Company details
Name history
HD Fire Protect has undergone 2 name changes throughout its history. The company was previously known as Dh Fire Protect Private Limited, and Hd Fire Protect Limited. The current legal name is Hd Fire Protect Limited.
| Company Name | Status |
|---|---|
| HD Fire Protect Limited | Current |
| Dh Fire Protect Private Limited | Previous |
CIN history
HD Fire Protect has one previous CIN (Corporate Identification Number): U29270MH1997PTC107536. The current CIN is U29270MH1997PLC107536, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29270MH1997PLC107536 | Current |
| U29270MH1997PTC107536 | Previous |
Contact details
HD Fire Protect Limited's registered office is in Mumbai, Maharashtra. Its website is hdfire.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressO – 611 6th Floor Runwal R Square Opp. Veena Nagar L. B. S. Marg Mulund, West, Mumbai, Maharashtra, India – 400080
- IndustryMachinery and Equipment, Fire Safety & Firefighting Equipment
To see the full contact details of HD Fire Protect 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
Brands
HD Fire Protect operates one associated brand: HD Fire Protect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs, develops, and manufactures innovative fire-fighting products worldwide. | hdfire.com |
Business activity
The main business activities of HD Fire Protect are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of HD Fire Protect Limited, buy the company report.
Financials of HD Fire Protect Limited
FY 2025-26 filings availableHD Fire Protect Limited reported revenue of ₹489.28 Cr (up 13% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 489 | 433 | 373 | 324 | 232 |
| Revenue growth | +13.1% | +16.1% | +15.1% | +39.5% | - |
| EBITDA | 150 | 138 | 107 | 89.95 | 64.94 |
| EBITDA margin | +30.8% | +31.9% | +28.6% | +27.8% | +28.0% |
| Profit before tax | 156 | 147 | 116 | 93.29 | 71.75 |
| Net profit | 99.85 | 105 | 86.10 | 65.34 | 53.78 |
| Net profit margin | +20.4% | +24.2% | +23.1% | +20.2% | +23.1% |
| EPS (₹) | 6.66 | 6.23 | 3,311.49 | 7,392.11 | 4,542.23 |
| Balance sheet | |||||
| Total assets | 379 | 398 | 345 | 276 | 280 |
| Net worth | 377 | 397 | 343 | 276 | 280 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 19.44 | 23.55 | 33.37 | 28.40 | 46.05 |
| Net working capital | 187 | 155 | 166 | 143 | 117 |
| Cash flow | |||||
| Cash from operations | 92.49 | 98.31 | 63.77 | 53.35 | 28.02 |
| Cash from investing | 40.98 | (52.56) | (32.98) | 19.58 | (9.67) |
| Cash from financing | (136) | (49.20) | (22.90) | (69.99) | (13.89) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 489 | 433 | 373 | 324 | 232 |
| Revenue growth | +13.1% | +16.1% | +15.1% | +39.5% | - |
| Other income | 15.83 | 17.88 | 19.07 | 9.70 | 12.07 |
| Total expenses | 339 | 295 | 266 | 234 | 167 |
| Employee cost | 45.68 | 42.00 | 35.42 | 30.95 | 14.48 |
| EBITDA | 150 | 138 | 107 | 89.95 | 64.94 |
| EBITDA margin | +30.8% | +31.9% | +28.6% | +27.8% | +28.0% |
| Depreciation | 10.14 | 9.14 | 9.34 | 6.36 | 5.15 |
| Interest | 0.17 | 0.03 | 0.01 | 0.00 | 0.11 |
| Profit before tax | 156 | 147 | 116 | 93.29 | 71.75 |
| Tax | 39.20 | 37.52 | 28.43 | 23.05 | 17.97 |
| Net profit | 99.85 | 105 | 86.10 | 65.34 | 53.78 |
| Net profit margin | +20.4% | +24.2% | +23.1% | +20.2% | +23.1% |
| EPS (₹) | 6.66 | 6.23 | 3,311.49 | 7,392.11 | 4,542.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 87.62 | 87.62 | 2.66 | 0.95 | 1.18 |
| Reserves & surplus | 289 | 309 | 341 | 275 | 279 |
| Shareholders' funds (net worth) | 377 | 397 | 343 | 276 | 280 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 379 | 398 | 345 | 276 | 280 |
| Assets | |||||
| Gross block | 120 | 117 | 95.93 | 88.16 | 50.84 |
| Net block | 80.93 | 86.88 | 75.21 | 76.75 | 45.72 |
| Capital work in progress | 17.63 | 4.06 | 0.99 | 0.72 | 4.84 |
| Investments | 78.88 | 127 | 90.53 | 45.22 | 95.74 |
| Inventories | 87.36 | 69.88 | 55.14 | 69.14 | 55.93 |
| Sundry debtors | 93.71 | 57.78 | 47.96 | 50.81 | 32.57 |
| Cash & bank balances | 19.44 | 23.55 | 33.37 | 28.40 | 46.05 |
| Loans & advances | 38.99 | 53.41 | 74.97 | 37.53 | 13.29 |
| Total current assets | 240 | 205 | 211 | 186 | 148 |
| Total current liabilities | 52.95 | 49.20 | 45.90 | 43.36 | 30.86 |
| Net working capital | 187 | 155 | 166 | 143 | 117 |
| Total assets | 379 | 398 | 345 | 276 | 280 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 17.47 | 20.91 | 13.02 | 10.07 | 5.61 |
| Net cash from operating activities | 92.49 | 98.31 | 63.77 | 53.35 | 28.02 |
| Net cash from investing activities | 40.98 | (52.56) | (32.98) | 19.58 | (9.67) |
| Net cash from financing activities | (136) | (49.20) | (22.90) | (69.99) | (13.89) |
| Net change in cash | (2.59) | (3.45) | 7.90 | 2.95 | 4.46 |
| Closing cash | 19.44 | 23.55 | 33.37 | 28.40 | 46.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +13.1% | +16.1% | +15.1% | +39.5% | - |
| EBITDA growth | +9.0% | +29.5% | +18.5% | +38.5% | - |
| PBT growth | +6.3% | +26.1% | +24.7% | +30.0% | +9997.0% |
| Net income growth | -4.6% | +21.6% | +31.8% | +21.5% | - |
| Revenue CAGR (3Y) | +14.7% | +23.0% | - | - | - |
| EBITDA CAGR (3Y) | +18.7% | +28.6% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +23.9% | +25.2% | +23.6% | +21.7% | +23.1% |
| Return on capital employed | +40.2% | +39.5% | +37.5% | +33.6% | +27.8% |
| Return on net worth | +30.2% | +29.5% | +28.4% | +25.3% | +20.8% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.12 | 0.02 | 0.01 | 0.00 | 0.18 |
| Efficiency & per share | |||||
| Fixed asset turnover | 4.13 | 4.07 | 4.05 | 4.66 | 3.71 |
| Inventory turnover | 6.22 | 6.92 | 6.00 | 5.18 | 4.63 |
| Debtors turnover | 6.46 | 8.19 | 7.55 | 7.77 | 6.84 |
| EPS (₹) | 6.66 | 6.23 | 3,311.49 | 7,392.11 | 4,542.23 |
| Dividend per share (₹) | 3.00 | 40.25 | 20.00 | 20.00 | 0.00 |
| Book value per share (₹) | 21.51 | 22.66 | 12,934.58 | 29,011.79 | 23,642.23 |
To see the full year-wise statements and ratios of HD Fire Protect Limited, buy the company report.
Board of directors of HD Fire Protect Limited
HD Fire Protect has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anik Narendra Dharamshi | Whole-Time Director | 01 Jan 2010 | 16 Years 9 Months | Current |
| Miheer Sadanand Ghotikar Also directs: Federation of Industries of India-Tma | Whole-Time Director | 01 Jan 2010 | 16 Years 9 Months | Current |
| Harish Narshi Dharamshi | Managing Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Parika Miheer Ghotikar | Whole-Time Director | 02 Sep 2021 | 5 Years 1 Months | Current |
| Navin Muthu Ram | Director | 19 Jun 2025 | 1 Years 4 Months | Current |
| Nagesh Dinkar Pinge | Director | 19 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
HD Fire Protect Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Firefighting Products), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nitin Fire Protection Industries Limited | ₹893.27 Cr (FY 2018) | -33.0% | Mumbai, Maharashtra, India | |||
| HD Fire Protect Limitedthis company | ₹489.28 Cr (FY 2026) | ₹99.85 Cr | 20.4% | 13.0% | 103 | Mumbai, Maharashtra, India |
| Aryan Pumps & Enviro Solutions Private Limited | ₹258.16 Cr (FY 2024) | 3.0% | Pune, Maharashtra, India | |||
| Newage Fire Protection Industries Private Limited | ₹252.62 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of HD Fire Protect Limited, buy the company report.
Auditor
HD Fire Protect Limited is audited by Hitesh Dedhia & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hitesh Dedhia & Co. | FY 2024 | 117412W |
Shareholding
The shareholding of HD Fire Protect Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HD Fire Protect Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2017 | 100136766 | Standard Chartered Bank | ₹3 Cr | Open | |
| 11 Apr 2023 | 100729052 | Others | ₹10 Lakh | Satisfied | |
| 16 Mar 2019 | 100251780 | Others | ₹1 Cr | Satisfied | |
| 25 Jan 2012 | 10337150 | Citibank N. A. | ₹9 Cr | Satisfied | |
| 30 Jan 2008 | 10094641 | Small Industries Development Bank of India | ₹75 Lakh | Satisfied |
To see the full charge records of HD Fire Protect Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
HD Fire Protect Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹54.8 Lakh; the latest was in February 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Nov 2022 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Jul 2021 | Secondary share transfer | Undisclosed | Seller: sushil Shah HUF, Hiren Dharamshi HUF, 2 individuals |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of HD Fire Protect Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HD Fire Protect Limited has 13 court cases on record: 12 filed by HD Fire Protect, 1 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 0 |
| High courts | 5 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Shapoorji Pallonji and Company Private Limited | Disposed |
| Bombay High Court | Court case (APPA) | Filed by the company against P. S. Techcom Pvt Ltd and Ors | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Varsha Controls Pvt. Ltd. and Other and 3 others | Disposed |
| Bombay High Court | Court case (APEAL) | Filed by the company against P.S. Techcom Pvt Ltd and Ors | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against P.S. Techcom Pvt. Ltd. | Disposed |
To see the full case history of HD Fire Protect 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.
Credit ratings & regulatory alerts
HD Fire Protect Limited was last rated by Crisil on 19 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Dec 2020 |
To see the full credit ratings and regulatory alerts of HD Fire Protect Limited, buy the company report.
MSME payment delays
HD Fire Protect Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 386 overdue payments to 98 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 98)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| WSP Cranes & Services | |||
| an individual supplier | |||
| an individual supplier | |||
| Oracle Technical Services | |||
| Iceburg Technocast Private Limited |
To see the full MSME payment records of HD Fire Protect Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
HD Fire Protect Limited has a workforce of 103 employees on its EPFO records as of Feb 25, 2025, across 2 active EPFO establishments.
GST
HD Fire Protect has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD0020D1ZK | Maharashtra | Active | 01 Jul 2017 |
| 07AABCD0020D2ZL | Delhi | Active | 13 Jan 2019 |
To see the full GST registrations and return filing status of HD Fire Protect Limited, buy the company report.
Recent activity
HD Fire Protect Limited has 16 board changes on record since 2005: 8 appointments and 8 cessations. The latest: Nagesh Dinkar Pinge ceased to be Additional Director on 04 Aug 2025.
30 earlier events are in the company report.
News
Frequently asked questions
HD Fire Protect is an active public limited company based in Mumbai, Maharashtra, India. The company works in fire safety and firefighting equipment, within the machinery and equipment industry. It was incorporated on 24 April 1997 (29+ years old) and is registered under CIN U29270MH1997PLC107536. Listed on BSE: 544994 and NSE: HDFIRE.
HD Fire Protect reported revenue of ₹489.28 Cr for FY 2025-26 (up 13% YoY) based on standalone financials.
HD Fire Protect has 8 current directors:
- Harish Narshi Dharamshi - Managing Director
- Anik Narendra Dharamshi - Whole-Time Director
- Miheer Sadanand Ghotikar - Whole-Time Director
- Parika Miheer Ghotikar - Whole-Time Director
- Navin Muthu Ram - Director
- Nagesh Dinkar Pinge - Director
- Sudha Ravi - Director
- Ramesh Chandak - Director
The latest financial statements of HD Fire Protect on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of HD Fire Protect is 27AABCD0020D1ZK, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AABCD0020D2ZL (Delhi).
The CIN (Corporate Identification Number) of HD Fire Protect is U29270MH1997PLC107536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. HD Fire Protect is a listed company as per MCA records. Its shares are listed on both BSE (code: 544994) and NSE (symbol: HDFIRE).
HD Fire Protect has 13 court cases on record: 12 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
HD Fire Protect was incorporated on 24 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
HD Fire Protect has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹54.8 Lakh; the latest was in February 2024.
The peers of HD Fire Protect by revenue are Nitin Fire Protection Industries Limited, Aryan Pumps & Enviro Solutions Private Limited, Newage Fire Protection Industries Private Limited, all in the Machinery and Equipment industry (Firefighting Products), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nagesh Dinkar Pinge ceased to be Additional Director on 04 Aug 2025. Navin Muthu Ram ceased to be Additional Director on 04 Aug 2025. Ramesh Chandak ceased to be Additional Director on 04 Aug 2025. HD Fire Protect has 16 board changes on record in total.