About Hester Coatings Private Limited
Data last updated:
Hester Coatings Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 01 June 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1995PTC026168.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Hester Coatings Ltd.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 15 Vaibhavshri 54 Bhaikaka Nagar Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2016, the company reported a revenue of ₹8.13 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.13 Lakh (net margin 87.7%) and EBITDA of ₹7.61 Lakh (EBITDA margin 93.6%).
The last known website on record is hester.in.
Company details
CIN history
Hester Coatings has one previous CIN (Corporate Identification Number): U45201GJ1995PLC026168. The current CIN is U45201GJ1995PTC026168, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GJ1995PTC026168 | Current |
| U45201GJ1995PLC026168 | Previous |
Contact details
Hester Coatings Private Limited's registered office is in Ahmedabad, Gujarat. Its website is hester.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address15 Vaibhavshri 54 Bhaikaka Nagar Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Hester Coatings 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
Business activity
The main business activity of Hester Coatings is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Hester Coatings Private Limited, buy the company report.
Financials of Hester Coatings Private Limited
FY 2016 filings availableHester Coatings Private Limited reported revenue of ₹8.13 Lakh (up 352% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 352% in the latest year. EBITDA rose 491% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹8.13 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹7.61 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹7.13 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 93.6% | |
| Net Profit Margin | 87.7% | |
| 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 Hester Coatings Private Limited, buy the company report.
Board of directors of Hester Coatings Private Limited
Hester Coatings has 7 former directors on record and no current directors listed.
Auditor
Hester Coatings Private Limited is audited by SHAH NARIELWALA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH NARIELWALA & CO | FY 2016 | 109708W |
Shareholding
The shareholding of Hester Coatings Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Hester Coatings Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hester Coatings 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 Hester Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hester Coatings Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hester Coatings Private Limited has 7 board changes on record since 2009: 0 appointments and 7 cessations. The latest: Darayus Noshir Lakdawalla ceased to be Director on 20 Mar 2017.
News
Frequently asked questions
Hester Coatings has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Hester Coatings was a private limited company based in Ahmedabad, Gujarat, India. The company worked in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 01 June 1995 and is registered under CIN U45201GJ1995PTC026168. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Hester Coatings is U45201GJ1995PTC026168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hester Coatings was incorporated on 01 June 1995. It is registered with the Registrar of Companies, Ahmedabad.
Hester Coatings can be reached through the website hester.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Hester Coatings is at 15 Vaibhavshri 54 Bhaikaka Nagar Thaltej, Ahmedabad, Gujarat, India – 380059.
The latest financial statements of Hester Coatings on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
Hester Coatings operated in the machinery and equipment industry, in the industrial products retail and distribution segment.
Darayus Noshir Lakdawalla ceased to be Director on 20 Mar 2017. Mayank Dhiren Marfatia ceased to be Director on 20 Mar 2017. Pinakin Laxmikant Shah ceased to be Director on 20 Mar 2017. Hester Coatings has 7 board changes on record in total.
Yes. Hester Coatings was formerly known as Hester Coatings Ltd.
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