About Hi Lite Projects Private Limited
Data last updated:
Hi Lite Projects Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45201KL2006PTC019091. Its GSTIN is 32AABCH6740G1ZW (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It was formerly known as Hi-Lite Projects & Constructions Private Limited. It is led by directors Puthukkulangara Subair (Whole-Time Director) and Sulaiman Puthukulangara.
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 1043A44 3rd Floor Hilite Business Park, Kozhikode, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹85 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 2.6%) and EBITDA of ₹4.49 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 15% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.57 Cr and satisfied charges of ₹12.43 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiliteprojects.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address3/1043A44 3rd Floor Hilite Business Park Hilite City Thondayad Bye – Pass G.A Coo, Lege. P.O, Kozhikode, Kerala, India – 673014
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Business Activity of Hi Lite Projects Private Limited
The main business activity of Hi Lite Projects is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hi Lite Projects Private Limited FY 2024 filings available
Hi Lite Projects Private Limited reported revenue of ₹85 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hi Lite Projects Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 9% 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 Hi Lite Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.2 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 of Hi Lite Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Hi Lite Projects 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.
Peer Comparison of Hi Lite Projects Private Limited
Hi Lite Projects Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omaxe World Street Private Limited | ₹85.23 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Ballabgarh, Haryana, India |
| Bhoomi and Buildings Private Limited | ₹85.22 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Chennai, Tamil Nadu, India |
| S V Metalloys Private Limited | ₹85.13 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Faridabad, Haryana, India |
| Puranik Rumah Bali Private Limited | ₹85.05 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Thane, Maharashtra, India |
| Amj Land Holdings Limited Listed | ₹85.03 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Hi Lite Projects Private Limited this company | ₹85 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kozhikode, Kerala, India |
| Dashanya Tech Parkz Private Limited | ₹84.83 Cr (FY 2025) | •••• | •••• | 577.0% | •••• | Bangalore, Karnataka, India |
| Aspire Spaces Private Limited | ₹84.76 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | Hyderabad, Telangana, India |
| Kryshnajay Developers Private Limited | ₹84.63 Cr (FY 2025) | •••• | •••• | 334.0% | •••• | Thane, Maharashtra, India |
| Plinth One Private Limited | ₹84.59 Cr (FY 2025) | •••• | •••• | 1689.0% | •••• | Gurugram, Haryana, India |
| Sree Daksha Property Developers (India) Private Limited | ₹84.58 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Hi Lite Projects by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hi Lite Projects Private Limited
Hi Lite Projects Private Limited is audited by P.A. HAMEED & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.A. HAMEED & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hi Lite Projects Private Limited
Hi Lite Projects has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puthukkulangara Subair Also directs: Hilite Trading & Materials LLP, Hilite Food & Beverages LLP, Hilite Equipment LLP and 5 more | Whole-Time Director | 14 Aug 2021 | 5 Years 1 Months | Current |
| Sulaiman Puthukulangara Also directs: Hi Lite Interiors LLP, Hilite Realtors (India) LLP, South Fort Property Developers Limited Liability Partnership and 5 more | Director | 21 Jan 2006 | 20 Years 8 Months | Current |
Ownership and Shareholding of Hi Lite Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hi Lite Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2025 | Hdfc Bank Limited | ₹84.95 Lakh | Open |
| 06 Nov 2025 | Others | ₹2 Cr | Open |
| 25 Mar 2025 | Hdfc Bank Limited | ₹50.45 Lakh | Open |
| 23 Jan 2025 | Dhanlaxmi Bank Limited | ₹12.75 Lakh | Open |
| 16 Nov 2024 | Hdfc Bank Limited | ₹14.31 Lakh | Open |
Total charge records: 24 View all charges
Legal Cases of Hi Lite Projects Private Limited
Hi Lite Projects Private Limited has 6 court cases on record: 5 filed by Hi Lite Projects, 1 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (Con.Case(C)) | Filed by the company against an individual | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Union of India | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Joint Commissioner | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against State Tax Officer | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 6 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 Hi Lite Projects Private Limited
Hi Lite Projects Private Limited has a workforce of 78 employees as of Mar 29, 2024.
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.
CIN History of Hi Lite Projects Private Limited
Hi Lite Projects has one previous CIN (Corporate Identification Number): U45201KL2006PLC019091. The current CIN is U45201KL2006PTC019091, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201KL2006PTC019091 | Current |
| U45201KL2006PLC019091 | Previous |
Recent Activity on Hi Lite Projects Private Limited
Hi Lite Projects Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Nasheeda Sulaiman ceased to be Director on 14 Aug 2021.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hi Lite Projects Private 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 Hi Lite Projects Private 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 Hi Lite Projects Private 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 Hi Lite Projects Private Limited
Hi Lite Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCH6740G1ZW | Kerala | 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 Hi Lite Projects Private 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.
Frequently Asked Questions about Hi Lite Projects Private Limited
Hi Lite Projects is an active private limited company based in Kozhikode, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 January 2006 (20+ years old) and is registered under CIN U45201KL2006PTC019091.
Hi Lite Projects reported revenue of ₹85 Cr for FY 2025 (down 12% YoY).
Hi Lite Projects has 2 current directors:
- Puthukkulangara Subair - Whole-Time Director
- Sulaiman Puthukulangara - Director
Hi Lite Projects reported a net profit of ₹2.2 Cr (net margin 2.6%) and EBITDA of ₹4.49 Cr (EBITDA margin 5.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hi Lite Projects is 20% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hi Lite Projects is 32AABCH6740G1ZW, registered in Kerala.
The CIN (Corporate Identification Number) of Hi Lite Projects is U45201KL2006PTC019091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi Lite Projects has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the high courts.
Hi Lite Projects was incorporated on 20 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Hi Lite Projects by revenue are Omaxe World Street Private Limited, Bhoomi and Buildings Private Limited, S V Metalloys Private Limited, Puranik Rumah Bali Private Limited, Amj Land Holdings Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Nasheeda Sulaiman ceased to be Director on 14 Aug 2021. Puthukkulangara Subair was appointed as Whole-Time Director on 14 Aug 2021. Nasheeda Sulaiman was appointed as Director on 21 Jan 2006. Hi Lite Projects has 4 board changes on record in total.