About Hi- Tech Inks Private Limited
Data last updated:
Hi- Tech Inks Private Limited is a private limited company based in Vapi, Gujarat, India, a subsidiary of Hi-Tech Holdings Pyt Ltd. It operates in the colorants segment of the chemicals and materials sector. It was incorporated on 05 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24222GJ2007PTC079661. Its GSTIN is 24AABCH8295C1ZN (Gujarat). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.06 Cr. It is led by directors including Uday Nagarji Desai (Whole-Time Director) and Vipin Chaudhry (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.633 – 634 – 635 100 Shed Area G.I.D.C., Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2025, the company reported a revenue of ₹576.56 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹50.27 Cr (net margin 8.7%) and EBITDA of ₹77.21 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 21% over five years.
The company has about 217 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hi-Tech Inks. As per MCA filings, the company has open charges of ₹185.53 Cr and satisfied charges of ₹23.31 Cr on record. Court records list 83 cases involving the company, including 74 filed by the company and 7 filed against it; 8 cases are pending. The company has 7 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹5.88 Cr; the latest was in March 2026. Its 10 peer companies in the Chemicals industry (Dyes and Pigments) are compared by revenue, 5 larger and 5 smaller; the largest is Spectrum Dyes and Chemicals Private Limited with revenue of ₹760.39 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 110 overdue payments to 20 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechinks.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.633 – 634 – 635 100 Shed Area G.I.D.C., Vapi, Gujarat, India – 396195
- IndustryChemicals and Materials, Colorants, Dyes & Pigments
- 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 Inks Private Limited
The main business activity of Hi- Tech Inks is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Inks Private Limited FY 2025 filings available
Hi- Tech Inks Private Limited reported revenue of ₹576.56 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hi- Tech Inks Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 16% growth in the latest year. EBITDA rose 31% 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 Inks 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 | ₹77.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.27 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- Tech Inks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.7% | •••• | •••• | •••• | •••• |
| 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 Inks 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 Inks Private Limited
Hi- Tech Inks Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Dyes and Pigments). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spectrum Dyes and Chemicals Private Limited | ₹760.39 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Ultramarine & Pigments Limited Listed | ₹707.1 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Sudarshan Gujarat Mfg Private Limited | ₹673.59 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Vadodara, Gujarat, India |
| Bhageria Industries Limited Listed | ₹601.59 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Domino Printech India Private Limited | ₹580.31 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Hi- Tech Inks Private Limited this company | ₹576.56 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Vapi, Gujarat, India |
| Asahi Songwon Colors Limited Listed | ₹566.4 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Ahmedabad, Gujarat, India |
| Torrecid India Private Limited | ₹482.57 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Vadodara, Gujarat, India |
| Neelikon Food Dyes and Chemicals Limited | ₹477.9 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Dystar India Private Limited | ₹453.46 Cr (FY 2022) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Flint Group India Private Limited | ₹450.63 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Savli, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Hi- Tech Inks by revenue in the Chemicals industry (Dyes and Pigments), 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 Inks Private Limited
Hi- Tech Inks Private Limited is audited by KAPADIA SHAH & for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAPADIA SHAH & | 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 Inks Private Limited
Hi- Tech Inks has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Nagarji Desai | Whole-Time Director | 01 Jun 2016 | 10 Years 4 Months | Current |
| Vipin Chaudhry | Whole-Time Director | 01 Jun 2016 | 10 Years 4 Months | Current |
| Karan Rajesh Mahajan | Director | 01 Jul 2014 | 12 Years 3 Months | Current |
| Ramkrishna Yashwant Kamat | Director | 19 Nov 2018 | 7 Years 10 Months | Current |
| Sanjay Vasant Vedak | Director | 27 Aug 2018 | 8 Years 1 Months | Current |
| Rajesh Kumar Rajendra Kumar Mahajan | Director | 01 Jun 2007 | 19 Years 4 Months | Current |
Ownership and Shareholding of Hi- Tech Inks 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 Inks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹37.5 Cr | Open |
| 22 Jun 2022 | The Hongkong and Shanghai Banking Corporation Limited | ₹37.5 Cr | Open |
| 19 May 2022 | Axis Bank Limited | ₹3.17 Cr | Open |
| 03 Dec 2021 | Axis Bank Limited | ₹3.17 Cr | Open |
| 27 Dec 2013 | Axis Bank Limited | ₹52.1 Cr | Open |
Total charge records: 11 View all charges
Deals & Funding of Hi- Tech Inks Private Limited
Hi- Tech Inks Private Limited has 7 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹5.88 Cr; the latest was in March 2026.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Acquisition | Undisclosed | Buyer: an individual |
| Mar 2019 | Rights issue | ₹1 Cr | Investors: Sharkk Limited, an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Sharkk Limited, an individual Seller: 4 individuals |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Hi Tech Inks Holdings Pty Limited Seller: Speedbird Investment Holdings |
Full deal history
All 7 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 Inks Private Limited
Hi- Tech Inks Private Limited has 83 court cases on record: 74 filed by Hi- Tech Inks, 7 filed against it, 2 where it is another party. 8 cases are pending and 75 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 82 | 7 | 8 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Supermak Foils Private Limited | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Sweet Industries India Private Limited | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against R.S. Polyfilms Private Limited | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Printers Pvt Ltd | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Marvel Flexipack Private Limited | Disposed |
Full case history
All 83 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.
MSME Payment Delays by Hi- Tech Inks Private Limited
Hi- Tech Inks Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 110 overdue payments to 20 micro and small suppliers. 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 (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ebullient Packaging Private Limited | •••• | •••• | •••• |
| Hercules Pigments Private Limited | •••• | •••• | •••• |
| Pratul Chemicals Private Limited | •••• | •••• | •••• |
| Shri Pharma Pack | •••• | •••• | •••• |
| Setco Chemicals (India) Private Limted | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Hi- Tech Inks Private Limited
Hi- Tech Inks operates one associated brand: Hi-Tech Inks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying printing inks for Flexography and Gravure processes. | hitechinks.co.in |
Employees and EPFO Compliance at Hi- Tech Inks Private Limited
Hi- Tech Inks Private Limited has a workforce of 217 employees as of Apr 08, 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- Tech Inks Private Limited
Hi- Tech Inks has one previous CIN (Corporate Identification Number): U24222DL2007PTC157472. The current CIN is U24222GJ2007PTC079661, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24222GJ2007PTC079661 | Current |
| U24222DL2007PTC157472 | Previous |
Recent Activity on Hi- Tech Inks Private Limited
Hi- Tech Inks Private Limited has 11 board changes on record since 2007: 6 appointments and 5 cessations. The latest: Ramkrishna Yashwant Kamat ceased to be Additional Director on 30 Sep 2019.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hi- Tech Inks 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.
Subsidiaries & Group Companies of Hi- Tech Inks 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 Inks Private Limited
Hi- Tech Inks has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH8295C1ZN | Gujarat | Active | 01 Jul 2017 |
| 24AABCH8295C2ZM | Gujarat | Active | 27 Mar 2025 |
| 27AABCH8295C1ZH | Maharashtra | Active | 04 Aug 2017 |
| 19AABCH8295C1ZE | West Bengal | Active | 15 Jul 2021 |
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 Inks 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 Inks Private Limited
Hi- Tech Inks is an active private limited company based in Vapi, Gujarat, India. The company works in colorants, within the chemicals and materials industry. It was incorporated on 05 January 2007 (19+ years old) and is registered under CIN U24222GJ2007PTC079661.
Hi- Tech Inks reported revenue of ₹576.56 Cr for FY 2025 (up 16% YoY).
Hi- Tech Inks has 6 current directors:
- Uday Nagarji Desai - Whole-Time Director
- Vipin Chaudhry - Whole-Time Director
- Karan Rajesh Mahajan - Director
- Ramkrishna Yashwant Kamat - Director
- Sanjay Vasant Vedak - Director
- Rajesh Kumar Rajendra Kumar Mahajan - Director
Hi- Tech Inks reported a net profit of ₹50.27 Cr (net margin 8.7%) and EBITDA of ₹77.21 Cr (EBITDA margin 13.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hi- Tech Inks is 21% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hi- Tech Inks is 24AABCH8295C1ZN, registered in Gujarat. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 24AABCH8295C2ZM (Gujarat), 27AABCH8295C1ZH (Maharashtra), 19AABCH8295C1ZE (West Bengal).
The CIN (Corporate Identification Number) of Hi- Tech Inks is U24222GJ2007PTC079661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi- Tech Inks has 83 court cases on record: 74 filed by the company and 7 filed against it. 8 are pending. Most are in the district courts.
Hi- Tech Inks was incorporated on 05 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hi- Tech Inks has 7 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹5.88 Cr; the latest was in March 2026.
The peers of Hi- Tech Inks by revenue are Spectrum Dyes and Chemicals Private Limited, Ultramarine & Pigments Limited, Sudarshan Gujarat Mfg Private Limited, Bhageria Industries Limited, Domino Printech India Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).
Ramkrishna Yashwant Kamat ceased to be Additional Director on 30 Sep 2019. Ramkrishna Yashwant Kamat was appointed as Director on 19 Nov 2018. Sanjay Vasant Vedak ceased to be Additional Director on 29 Sep 2018. Hi- Tech Inks has 11 board changes on record in total.