MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-02-0057230
Hi Care Polymers Private Limited - healthcare in Koothattukulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.35 Cr
▲ 6% YoY
Net profit · FY 2025
₹48.51 Lakh
Net margin 2.8%
EBITDA · FY 2025
₹76.11 Lakh
EBITDA margin 4.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.56 Lakh
Issued & subscribed
Open charges
₹4.16 Cr
Satisfied ₹4.69 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
26
Provident fund records
About Hi Care Polymers Private Limited
Data last updated:
Hi Care Polymers Private Limited is a private limited company based in Koothattukulam, Kerala, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 11 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U25199KL2002PTC015356. Its GSTIN is 32AABCH2916A1ZE (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.56 Lakh. It is led by directors Jose Paul (Managing Director) and Roney Jose.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 11/419 420 A Palakuzha P.O Vaikom Thodupuzha Road, Koothattukulam, Kerala, India – 686662.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.35 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹48.51 Lakh (net margin 2.8%) and EBITDA of ₹76.11 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hi-Care. As per MCA filings, the company has open charges of ₹4.16 Cr and satisfied charges of ₹4.69 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
Hi Care Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0057230). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hicarepolymers.com.
Company details
CIN U25199KL2002PTC015356
Registration Number 015356
Incorporation Date 11 April 2002
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0057230
Key People
Jose Paul Managing Director Roney Jose Director Recognitions & Rankings of Hi Care Polymers
Contact details
Hi Care Polymers Private Limited's registered office is in Koothattukulam, Kerala. Its website is hicarepolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11/419 420 A Palakuzha P.O Vaikom Thodupuzha Road, Koothattukulam, Kerala, India – 686662
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Hi Care Polymers Private Limited, buy the company report.
Comprehensive company report
Hi Care Polymers 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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Brands
Hi Care Polymers operates one associated brand: Hi-Care. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of high-quality surgical and examination gloves, along with household gloves, in India. | hicarepolymers.com |
Business activity
The main business activity of Hi Care Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Hi Care Polymers Private Limited, buy the company report.
Financials of Hi Care Polymers Private Limited
FY 2024 filings availableHi Care Polymers Private Limited reported revenue of ₹17.35 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹17.35 Cr ▲ 6%
Net profit · FY 2025
₹48.51 Lakh margin 2.8%
EBITDA · FY 2025
₹76.11 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 11%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▼ 25%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 6% growth in the latest year. EBITDA rose 48% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹76.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.51 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hi Care Polymers Private Limited, buy the company report.
Board of directors of Hi Care Polymers Private Limited
Hi Care Polymers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roney Jose Also directs: Hi Care Medi Glove Private Limited | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Jose Paul Also directs: Hi Care Medi Glove Private Limited | Managing Director | 11 Apr 2002 | 24 Years 6 Months | Current |
Peer comparison
Hi Care Polymers Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Medical Consumables, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vivon Polymers Private Limited | ₹17.54 Cr (FY 2025) | 11.0% | Olpad, Gujarat, India | |||
| Technopack Polymers Limited | ₹17.45 Cr (FY 2025) | 33.0% | Jambudiya, Gujarat, India | |||
| Hi Care Polymers Private Limitedthis company | ₹17.35 Cr (FY 2025) | ₹48.51 Lakh | 2.8% | 6.0% | 26 | Koothattukulam, Kerala, India |
| Abhijeet Ranee Polymers Private Limited | ₹17.3 Cr (FY 2025) | 0.0% | Singaperumalkoil, Tamil Nadu, India | |||
| Accurate Polymers Private Limited | ₹17.3 Cr (FY 2025) | -29.0% | Howrah, West Bengal, India | |||
| Terrasoul Polymers Private Limited | ₹17.06 Cr (FY 2025) | 168.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hi Care Polymers Private Limited, buy the company report.
Auditor
Hi Care Polymers Private Limited is audited by KANNAN AND KASSIM for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANNAN AND KASSIM | FY 2023 | 008869S |
Shareholding
The shareholding of Hi Care Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hi Care Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.16 Cr
Satisfied charges
₹4.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2025 | 101097637 | Hdfc Bank Limited | ₹46 Lakh | Open | |
| 24 Nov 2023 | 100823159 | Others | ₹15 Lakh | Open | |
| 29 Mar 2010 | 10213351 | Axis Bank Limited | ₹3.55 Cr | Open | |
| 23 Dec 2019 | 100311877 | Axis Bank Limited | ₹1.02 Lakh | Satisfied | |
| 15 Nov 2019 | 100303639 | Axis Bank Limited | ₹12.52 Lakh | Satisfied |
To see the full charge records of Hi Care Polymers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Hi Care Polymers Private Limited has 7 court cases on record: 2 filed by Hi Care Polymers, 5 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (EP(Com)) | Filed against the company by M/S Sara Healthcare Pvt Ltd | Pending |
| District court, West, Delhi | Execution petition | Filed against the company by Ms Sara Healthcare Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Healthium Medtech Ltd | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Pending |
| District court, West, Delhi | Interim or miscellaneous application | Filed against the company by M/S Sara Healcare Pvt Ltd Through Director Rajesh Kanodia | Disposed |
To see the full case history of Hi Care Polymers Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hi Care Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hi Care Polymers Private Limited has a workforce of 26 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
-7.14%
GST
Hi Care Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCH2916A1ZE | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi Care Polymers Private Limited, buy the company report.
Recent activity
Hi Care Polymers Private Limited has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: George Panamkuzha was appointed as Additional Director on 05 Nov 2024.
Charges
A charge registered on 23 Dec 2019 via Charge ID 100311877 with Axis Bank Limited was fully satisfied on 31 Jul 2025.
Charges
A charge registered on 15 Nov 2019 via Charge ID 100303639 with Axis Bank Limited was fully satisfied on 31 Jul 2025.
Charges
A charge registered on 27 Aug 2008 via Charge ID 10121288 with Axis Bank Limited was fully satisfied on 19 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.00 Lakh with Charge ID 101097637 was registered on 05 May 2025.
Appointed
George Panamkuzha was appointed as Additional Director.
AGM
Hi Care Polymers Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Hi Care Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100823159 was registered on 24 Nov 2023.
Ceased
Rosamma Raju ceased to be Whole-Time Director.
Ceased
Roney Jose ceased to be Additional Director.
Appointed
Roney Jose was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 390.00 Lakh registered on 27 Aug 2008 with Charge ID 10121288 was modified on 29 Jul 2020.
16 earlier events are in the company report.
Frequently asked questions
Hi Care Polymers is an active private limited company based in Koothattukulam, Kerala, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 11 April 2002 (24+ years old) and is registered under CIN U25199KL2002PTC015356.
Hi Care Polymers has 2 current directors:
- Jose Paul - Managing Director
- Roney Jose - Director
The latest financial statements of Hi Care Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi Care Polymers is 32AABCH2916A1ZE, registered in Kerala.
The CIN (Corporate Identification Number) of Hi Care Polymers is U25199KL2002PTC015356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi Care Polymers has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Hi Care Polymers was incorporated on 11 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Hi Care Polymers by revenue are Vivon Polymers Private Limited, Technopack Polymers Limited, Abhijeet Ranee Polymers Private Limited, Accurate Polymers Private Limited, Terrasoul Polymers Private Limited, all in the Healthcare industry (Medical Consumables, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
George Panamkuzha was appointed as Additional Director on 05 Nov 2024. Rosamma Raju ceased to be Whole-Time Director on 23 May 2022. Roney Jose ceased to be Additional Director on 29 Oct 2021. Hi Care Polymers has 7 board changes on record in total.
Yes, Hi Care Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0057230).
Hi Care Polymers can be reached through the website hicarepolymers.com. Its registered office is in Koothattukulam, Kerala, India.