MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0002975
Hi Tech Thermoformers Private Limited - manufacturing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.56 Cr
▼ 19% YoY
Net profit · FY 2024
₹5.75 Lakh
Net margin 3.7%
EBITDA · FY 2024
₹20.82 Lakh
EBITDA margin 13.3%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹35 Lakh
Issued & subscribed
Open charges
₹11.4 Lakh
Satisfied ₹48 Lakh
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Hi Tech Thermoformers Private Limited
Data last updated:
Hi Tech Thermoformers Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 06 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29210GJ2015PTC082808. Its GSTIN is 24AADCH6112Q2ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Vandana Rajendra Patil and Sanjaybhai Mansaram Patil.
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 Plot No. 61 Navdurga Industrial Park Sankarda, Vadodara, Gujarat, India – 391350.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.56 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹5.75 Lakh (net margin 3.7%) and EBITDA of ₹20.82 Lakh (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹11.4 Lakh and satisfied charges of ₹48 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Hi Tech Thermoformers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0002975). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechthermoformers.in.
Company details
CIN U29210GJ2015PTC082808
Registration Number 082808
Incorporation Date 06 April 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0002975
Recognitions & Rankings of Hi Tech Thermoformers
Contact details
Hi Tech Thermoformers Private Limited's registered office is in Vadodara, Gujarat. Its website is hitechthermoformers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 61 Navdurga Industrial Park Sankarda, Vadodara, Gujarat, India – 391350
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Hi Tech Thermoformers Private Limited, buy the company report.
Comprehensive company report
Hi Tech Thermoformers 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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Business activity
The main business activity of Hi Tech Thermoformers 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 Tech Thermoformers Private Limited, buy the company report.
Financials of Hi Tech Thermoformers Private Limited
FY 2024 filings availableHi Tech Thermoformers Private Limited reported revenue of ₹1.56 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹1.56 Cr ▼ 19%
Net profit · FY 2024
₹5.75 Lakh margin 3.7%
EBITDA · FY 2024
₹20.82 Lakh margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 37%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 13%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 19% fall in the latest year. EBITDA fell 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
| 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 | ₹20.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.75 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 3.7% | ||||
| 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 Tech Thermoformers Private Limited, buy the company report.
Board of directors of Hi Tech Thermoformers Private Limited
Hi Tech Thermoformers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Rajendra Patil | Director | 05 Sep 2022 | 4 Years 1 Months | Current |
| Sanjaybhai Mansaram Patil | Director | 06 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Hi Tech Thermoformers Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Amrit Plastronics Private Limited | ₹1.58 Cr (FY 2024) | -48.0% | Chandigarh, India | |||
| Hanson Plastics Private Limited | ₹1.57 Cr (FY 2025) | 93.0% | Punjab, India | |||
| Daman Roto-Moulders Private Limited | ₹1.57 Cr (FY 2019) | -33.0% | Mumbai, Maharashtra, India | |||
| Hi Tech Thermoformers Private Limitedthis company | ₹1.56 Cr (FY 2024) | ₹5.75 Lakh | 3.7% | -19.0% | Vadodara, Gujarat, India | |
| Teamers Mould India Private Limited | ₹1.56 Cr (FY 2024) | 6671.0% | Coimbatore, Tamil Nadu, India | |||
| Mega Tech Polymers Private Limited | ₹1.55 Cr (FY 2024) | 16.0% | Kolencherry, Kerala, India | |||
| Vaastu Ganga Rotomatics Private Limited | ₹1.55 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hi Tech Thermoformers Private Limited, buy the company report.
Auditor
Hi Tech Thermoformers Private Limited is audited by VINESH MEHTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINESH MEHTA & CO | FY 2023 | 115449W |
Shareholding
The shareholding of Hi Tech Thermoformers 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 Tech Thermoformers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.4 Lakh
Satisfied charges
₹48 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2019 | 100242566 | Others | ₹11.4 Lakh | Open | |
| 24 Jun 2016 | 100076665 | State Bank of India | ₹48 Lakh | Satisfied |
To see the full charge records of Hi Tech Thermoformers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hi Tech Thermoformers Private Limited has 1 court case on record: 1 filed by Hi Tech Thermoformers. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Hi Tech Thermoformers 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
Hi Tech Thermoformers Private Limited has 5 MSME Form 1 returns on record between 2018 and 2022, listing 44 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 |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| PNK Polymers | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Hi Tech Thermoformers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Hi Tech Thermoformers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCH6112Q2ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi Tech Thermoformers Private Limited, buy the company report.
Recent activity
Hi Tech Thermoformers Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Bharti Sanjay Patil ceased to be Director on 10 Jan 2024.
AGM
Hi Tech Thermoformers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hi Tech Thermoformers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Bharti Sanjay Patil ceased to be Director.
Ceased
Jignisha Manharbhai Solanki ceased to be Director.
Appointed
Vandana Rajendra Patil was appointed as Director.
Appointed
Jignisha Manharbhai Solanki was appointed as Director.
Charges
A charge with Others amounted to Rs. 11.40 Lakh with Charge ID 100242566 was registered on 27 Feb 2019.
Charges
A charge registered on 24 Jun 2016 via Charge ID 100076665 with State Bank Of India was fully satisfied on 05 May 2018.
Charges
A charge with State Bank Of India amounted to Rs. 48.00 Lakh with Charge ID 100076665 was registered on 24 Jun 2016.
Appointed
Bharti Sanjay Patil was appointed as Director.
Appointed
Sanjaybhai Mansaram Patil was appointed as Director.
Incorporation
06 Apr 2015
Hi Tech Thermoformers Private Limited was registered on 06 Apr 2015 with Roc Ahmedabad & aged 11 years 6 months as per MCA records.
Frequently asked questions
Hi Tech Thermoformers is an active private limited company based in Vadodara, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 06 April 2015 (11+ years old) and is registered under CIN U29210GJ2015PTC082808.
Hi Tech Thermoformers has 2 current directors:
- Vandana Rajendra Patil - Director
- Sanjaybhai Mansaram Patil - Director
The latest financial statements of Hi Tech Thermoformers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Hi Tech Thermoformers is 24AADCH6112Q2ZF, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hi Tech Thermoformers is U29210GJ2015PTC082808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi Tech Thermoformers has 1 court case on record: 1 filed by the company. 1 is pending.
Hi Tech Thermoformers was incorporated on 06 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hi Tech Thermoformers by revenue are Amrit Plastronics Private Limited, Hanson Plastics Private Limited, Daman Roto-Moulders Private Limited, Teamers Mould India Private Limited, Mega Tech Polymers Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Bharti Sanjay Patil ceased to be Director on 10 Jan 2024. Jignisha Manharbhai Solanki ceased to be Director on 28 Sep 2022. Vandana Rajendra Patil was appointed as Director on 05 Sep 2022. Hi Tech Thermoformers has 6 board changes on record in total.
Yes, Hi Tech Thermoformers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0002975).
Hi Tech Thermoformers has 5 MSME Form 1 returns on record between 2018 and 2022, listing 44 overdue payments to 20 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Hi Tech Thermoformers can be reached through the website hitechthermoformers.in. Its registered office is in Vadodara, Gujarat, India.
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