Hi-Q Electronics Private Limited

Hi-Q Electronics Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U32104KA1983PTC005174 Incorporated 21 February 1983 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Medium
Data last updated
Revenue · FY 2025
₹136.03 Cr
▲ 28% YoY
Net profit · FY 2025
₹21.41 Cr
Net margin 15.7%
EBITDA · FY 2025
₹38.76 Cr
EBITDA margin 28.5%
Authorised capital
₹4.4 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹149.7 Cr
Satisfied ₹15.28 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
324
Provident fund records

About Hi-Q Electronics Private Limited

Data last updated:

Hi-Q Electronics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 21 February 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32104KA1983PTC005174. Its GSTIN is 29AAACH3509C2ZY (Karnataka). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹4.4 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Venkatachalam Sendyl and Kirtana Meenakshi Sendyl.

Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #693 3rd Floor Geethanjali Complex 15th Cross J.P.Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.

As per the financials filed for FY 2025, the company reported a revenue of ₹136.03 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹21.41 Cr (net margin 15.7%) and EBITDA of ₹38.76 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 19% over five years.

The company has about 324 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Hi-Q Electronics. As per MCA filings, the company has open charges of ₹149.7 Cr and satisfied charges of ₹15.28 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹175 Cr; the latest was in March 2026. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.

Hi-Q Electronics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0009988). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiqelectronics.com.

Company details

CIN U32104KA1983PTC005174
Registration Number 005174
Incorporation Date 21 February 1983
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0009988
Key People
Venkatachalam Sendyl Director Arvind Ananthanarayanan Nominee Director Kirtana Meenakshi Sendyl Director

Recognitions & Rankings of Hi-Q Electronics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0009988

Contact details

Hi-Q Electronics Private Limited's registered office is in Bangalore, Karnataka. Its website is hiqelectronics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hiqelectronics.com
  • Registered Address
    #693 3rd Floor Geethanjali Complex 15th Cross J.P.Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Hi-Q Electronics Private Limited, buy the company report.

Comprehensive company report
Hi-Q Electronics 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-Q Electronics operates one associated brand: Hi-Q Electronics. Each brand links to its own profile.

BrandDescriptionWebsite
Hi-Q Electronics
PCB manufacturing focused on defense, aerospace, and prototypes in India.hiqelectronics.com

Business activity

The main business activity of Hi-Q Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment

To see the full business activity and turnover split of Hi-Q Electronics Private Limited, buy the company report.

Financials of Hi-Q Electronics Private Limited

FY 2025 filings available

Hi-Q Electronics Private Limited reported revenue of ₹136.03 Cr (up 28% YoY) for FY 2025.

Revenue · FY 2025
₹136.03 Cr ▲ 28%
Net profit · FY 2025
₹21.41 Cr margin 15.7%
EBITDA · FY 2025
₹38.76 Cr margin 28.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 27%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 25%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 28% growth in the latest year. EBITDA rose 12% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹136.03 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹38.76 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.41 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin28.5%
Net Profit Margin15.7%
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 Hi-Q Electronics Private Limited, buy the company report.

Board of directors of Hi-Q Electronics Private Limited

Hi-Q Electronics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Venkatachalam SendylDirector21 Feb 198343 Years 8 MonthsCurrent
Arvind Ananthanarayanan
Also directs: Rangsons Aerospace Private Limited
Nominee Director02 Mar 20260 Years 8 MonthsCurrent
Kirtana Meenakshi SendylDirector22 May 20251 Years 5 MonthsCurrent
Surya Ganesh SendylDirector21 Mar 20242 Years 7 MonthsCurrent
View all directors

Auditor

Hi-Q Electronics Private Limited is audited by Gunasheela & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Gunasheela & AssociatesFY 2025011931S

Shareholding

The shareholding of Hi-Q Electronics Private 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 categoryFY 2024FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hi-Q Electronics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹149.7 Cr
Satisfied charges
₹15.28 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹81.85 Cr
Axis Bank Limited₹46.42 Cr
Others₹21.43 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jul 2026101362918Hdfc Bank Limited₹4.95 CrOpen
29 Dec 2025101206992Others₹3.02 CrOpen
22 Aug 2025101142015Others₹8.52 CrOpen
08 Apr 2025101073453Others₹9.89 CrOpen
24 Oct 2024101000097Hdfc Bank Limited₹76.9 CrOpen

To see the full charge records of Hi-Q Electronics Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Hi-Q Electronics Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹175 Cr; the latest was in March 2026.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹175 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2026Funding round · Series A₹175 CrInvestors: ValueQuest Investment Advisors
Jun 2024Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Hi-Q Electronics Private Limited was last rated by Icra on 30 Nov 2021.

Rating agencyRated onRating
Icra30 Nov 2021

To see the full credit ratings and regulatory alerts of Hi-Q Electronics Private Limited, buy the company report.

MSME payment delays

Hi-Q Electronics Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Kamtress Automation Systems Private Limited

To see the full MSME payment records of Hi-Q Electronics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hi-Q Electronics Private Limited has a workforce of 324 employees on its EPFO records as of Jan 07, 2026, across 1 active EPFO establishment.

Employee count
324
Active EPFO establishments
1
Employee growth
18.25%

GST

Hi-Q Electronics has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAACH3509C2ZYKarnatakaActive27 Dec 2024
29AAACH3509C3ZXKarnatakaActive27 Dec 2025
33AAACH3509C1ZATamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Hi-Q Electronics Private Limited, buy the company report.

Recent activity

Hi-Q Electronics Private Limited has 6 board changes on record since 1983: 4 appointments and 2 cessations. The latest: Arvind Ananthanarayanan was appointed as Nominee Director on 02 Mar 2026.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.95 Cr with Charge ID 101362918 was registered on 14 Jul 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 76.90 Cr registered on 24 Oct 2024 with Charge ID 101000097 was modified on 15 Apr 2026.
Appointed
Arvind Ananthanarayanan was appointed as Nominee Director.
Charges
A charge with Others of Rs. 3.02 Cr registered on 29 Dec 2025 with Charge ID 101206992 was modified on 22 Jan 2026.
Charges
A charge with Others amounted to Rs. 3.02 Cr with Charge ID 101206992 was registered on 29 Dec 2025.
Charges
A charge with Axis Bank Limited of Rs. 46.42 Cr registered on 28 Sep 2015 with Charge ID 10600367 was modified on 24 Nov 2025.
AGM
Hi-Q Electronics Private Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 8.52 Cr with Charge ID 101142015 was registered on 22 Aug 2025.
Charges
A charge with Others of Rs. 9.89 Cr registered on 08 Apr 2025 with Charge ID 101073453 was modified on 19 Aug 2025.
Appointed
Kirtana Meenakshi Sendyl was appointed as Director.
Charges
A charge with Others amounted to Rs. 9.89 Cr with Charge ID 101073453 was registered on 08 Apr 2025.
Filing
Hi-Q Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.

10 earlier events are in the company report.

News

Frequently asked questions

Hi-Q Electronics is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 21 February 1983 (43+ years old) and is registered under CIN U32104KA1983PTC005174.

Hi-Q Electronics has 4 current directors:

The latest financial statements of Hi-Q Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Hi-Q Electronics is 29AAACH3509C2ZY, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACH3509C3ZX (Karnataka), 33AAACH3509C1ZA (Tamil Nadu).

The CIN (Corporate Identification Number) of Hi-Q Electronics is U32104KA1983PTC005174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hi-Q Electronics has 10 court cases on record: 8 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.

Hi-Q Electronics was incorporated on 21 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.

Hi-Q Electronics has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹175 Cr; the latest was in March 2026.

Arvind Ananthanarayanan was appointed as Nominee Director on 02 Mar 2026. Kirtana Meenakshi Sendyl was appointed as Director on 22 May 2025. Surya Ganesh Sendyl ceased to be Additional Director on 20 Sep 2024. Hi-Q Electronics has 6 board changes on record in total.

Yes, Hi-Q Electronics is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0009988).

Hi-Q Electronics has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 Sep 2021.