Hi - Tech Board Private Limited
About Hi - Tech Board Private Limited
Data last updated:
Hi - Tech Board Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 14 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20219MH2010PTC207639. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Harshad Narshihbhai Patel and Kamlesh Patel.
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 556 Hiwari Layout Opposite Inox Mall Hiwari Layout Bhandara Road, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.27 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹48.06 Lakh (net margin 0.7%) and EBITDA of ₹3.06 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 91 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹33.35 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 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 ₹5.94 Cr; the latest was in March 2021. Its 10 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood) are compared by revenue, 5 larger and 5 smaller; the largest is Safe Decor Private Limited with revenue of ₹69.97 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address556 Hiwari Layout Opposite Inox Mall Hiwari Layout Bhandara Road, Nagpur, Maharashtra, India – 440008
- IndustryManufacturing, Wood Products & MDF
- 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 - Tech Board Private Limited
The main business activity of Hi - Tech Board is manufacturing. In detail, this covers manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 16 | Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials | 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 - Tech Board Private Limited FY 2024 filings available
Hi - Tech Board Private Limited reported revenue of ₹68.27 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hi - Tech Board Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 27% 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 - Tech Board Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.06 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 of Hi - Tech Board Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 - Tech Board 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 - Tech Board Private Limited
Hi - Tech Board Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Safe Decor Private Limited | ₹69.97 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bhiwadi, Rajasthan, India |
| Turakhia Overseas Pvt Ltd | ₹69.88 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Ahmedabad, Gujarat, India |
| Akr Steels and Power Private Limited | ₹69.88 Cr (FY 2025) | •••• | •••• | 679.0% | •••• | New Delhi, Delhi, India |
| Designtree.Com Limited | ₹68.99 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Mundra, Gujarat, India |
| Punjab Saw Mills Private Limited | ₹68.82 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Delhi, India |
| Hi - Tech Board Private Limited this company | ₹68.27 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Nagpur, Maharashtra, India |
| Jawahar Saw Mills Private Limited | ₹67.7 Cr (FY 2016) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Karnataka State Forest Industries Corporation Limited | ₹67.54 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Deveer Decors Private Limited | ₹66.85 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Balaji Pinewood Products Private Limited | ₹65.8 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Anjar, Gujarat, India |
| Vaishnavi Laminates and Wood Works Private Limited | ₹64.94 Cr (FY 2025) | •••• | •••• | 98.0% | •••• | Kalameshwar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hi - Tech Board by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), 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 - Tech Board Private Limited
Hi - Tech Board Private Limited is audited by K P R K & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K P R K & 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 - Tech Board Private Limited
Hi - Tech Board has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Narshihbhai Patel | Director | 01 Dec 2022 | 3 Years 10 Months | Current |
| Kamlesh Patel Also directs: Kech Boards Pvt Ltd | Director | 28 Feb 2012 | 14 Years 7 Months | Current |
| Mahek Narendrabhai Patel Also directs: Nagpur Furniture Private Limited, Mathani Paper Mills Private Limited, Shivdhan Boards Private Limited and 1 more | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Hi - Tech Board 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 - Tech Board Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2025 | Others | ₹15 Cr | Open |
| 07 Jan 2019 | Yes Bank Limited | ₹11.75 Cr | Satisfied |
| 18 Nov 2010 | Allahabad Bank | ₹21.6 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Hi - Tech Board Private Limited
Hi - Tech Board Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹5.94 Cr; the latest was in March 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Shyamkumar Singh HUF, 3 individuals Seller: 3 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Hi - Tech Board Private Limited
Hi - Tech Board Private Limited has 5 court cases on record: 2 filed by Hi - Tech Board, 3 filed against it. 1 case is pending and 4 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Ahuja Industries | Pending |
| District court, SURAT, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Dakshin Gujarat Vij Co Ltd | Disposed |
| High Court of Madhya Pradesh | Court case (ITR) | Filed against the company by Commissioner of Income Tax, Jabalpur | Disposed |
| High Court of Chhattisgarh | Court case (ITR) | Filed against the company by Commissioner of Income Tax | Disposed |
Full case history
All 5 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 - Tech Board Private Limited
Hi - Tech Board Private Limited has a workforce of 91 employees as of Mar 27, 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.
Recent Activity on Hi - Tech Board Private Limited
Hi - Tech Board Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Harshad Narshihbhai Patel ceased to be Additional Director on 29 Sep 2023.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hi - Tech Board 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 - Tech Board 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 - Tech Board 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 - Tech Board Private Limited
Hi - Tech Board has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 - Tech Board 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 - Tech Board Private Limited
Hi - Tech Board is an active private limited company based in Nagpur, Maharashtra, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 14 September 2010 (16+ years old) and is registered under CIN U20219MH2010PTC207639.
Hi - Tech Board reported revenue of ₹68.27 Cr for FY 2024 (down 13% YoY).
Hi - Tech Board has 3 current directors:
- Harshad Narshihbhai Patel - Director
- Kamlesh Patel - Director
- Mahek Narendrabhai Patel - Director
Hi - Tech Board reported a net profit of ₹48.06 Lakh (net margin 0.7%) and EBITDA of ₹3.06 Cr (EBITDA margin 4.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hi - Tech Board is 5% over three years and 3% over five years. In the latest year (FY 2024) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
No. Hi - Tech Board has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hi - Tech Board is U20219MH2010PTC207639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi - Tech Board has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Hi - Tech Board was incorporated on 14 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Hi - Tech Board has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹5.94 Cr; the latest was in March 2021.
The peers of Hi - Tech Board by revenue are Safe Decor Private Limited, Turakhia Overseas Pvt Ltd, Akr Steels and Power Private Limited, Designtree.Com Limited, Punjab Saw Mills Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).