Startup India Government of India
Hibatech Engineering Industries Private Limited
Hibatech Engineering Industries Private Limited - engineering in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹46.89 Lakh
▼ 4% YoY
Net loss · FY 2023
₹3.52 Lakh
Net margin -7.5%
EBITDA · FY 2023
₹3.5 Lakh
EBITDA margin 7.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹100
Issued & subscribed
Open charges
₹24 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
10
Provident fund records
About Hibatech Engineering Industries Private Limited
Data last updated:
Hibatech Engineering Industries Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 26 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29268MP2018PTC047126. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹100. It is led by directors Deepika Shrimal and Vijesh Mehra.
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 F – 5 First Floor Ahinsha Tower Plot No. 7 M. G. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2023, the company reported a revenue of ₹46.89 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹3.52 Lakh (net margin -7.5%) and EBITDA of ₹3.5 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24 Lakh on record.
Hibatech Engineering Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0003684).
Company Details of Hibatech Engineering Industries Private Limited
CIN U29268MP2018PTC047126
Registration Number 047126
Incorporation Date 26 November 2018
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0003684
Key People
Deepika Shrimal Director Vijesh Mehra Director Recognitions & Rankings of Hibatech Engineering Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0003684
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressF – 5 First Floor Ahinsha Tower Plot No. 7 M. G. Road, Indore, Madhya Pradesh, India – 452001
- IndustryEngineering, Engineering Design & Consultancy
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Business Activity of Hibatech Engineering Industries Private Limited
The main business activity of Hibatech Engineering Industries is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Hibatech Engineering Industries Private Limited FY 2024 filings available
Hibatech Engineering Industries Private Limited reported revenue of ₹46.89 Lakh (down 4% YoY) for FY 2023.
Revenue · FY 2023
₹46.89 Lakh ▼ 4%
Net loss · FY 2023
₹3.52 Lakh margin -7.5%
EBITDA · FY 2023
₹3.5 Lakh margin 7.5%
Compounded Annual Growth Rate (CAGR) of Hibatech Engineering Industries Private Limited
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 13%
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 4% fall in the latest year. EBITDA fell 6% 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 Hibatech Engineering Industries Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹46.89 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.52 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 Hibatech Engineering Industries Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.5% | •••• | •••• | •••• | •••• |
| 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 Hibatech Engineering Industries are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Hibatech Engineering Industries Private Limited
Hibatech Engineering Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepika Shrimal Also directs: Finbook Advisors LLP | Director | 26 Nov 2018 | 7 Years 10 Months | Current |
| Vijesh Mehra Also directs: Finbook Advisors LLP | Director | 10 May 2023 | 3 Years 5 Months | Current |
Auditor Details of Hibatech Engineering Industries Private Limited
Hibatech Engineering Industries Private Limited is audited by PRAMOD K SHARMA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAMOD K SHARMA & CO. | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Hibatech Engineering Industries Private Limited
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Charges & Borrowings of Hibatech Engineering Industries Private Limited
Open charges
₹24 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2020 | Others | ₹24 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Hibatech Engineering Industries Private Limited
Employment history and EPFO contributions of people linked to Hibatech Engineering Industries.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Hibatech Engineering Industries Private Limited
Hibatech Engineering Industries Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Devesha Shanbhag ceased to be Director on 10 May 2023.
AGM
Hibatech Engineering Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hibatech Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Ceased
Devesha Shanbhag ceased to be Director.
Appointed
Vijesh Mehra was appointed as Director.
Charges
A charge with Others amounted to Rs. 24.00 Lakh with Charge ID 100389560 was registered on 30 Oct 2020.
Appointed
Deepika Shrimal was appointed as Director.
Incorporation
26 Nov 2018
Hibatech Engineering Industries Private Limited was registered on 26 Nov 2018 with Roc Gwalior & aged 7 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Hibatech Engineering Industries Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Hibatech Engineering Industries Private Limited
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Subsidiaries & Group Companies of Hibatech Engineering Industries Private Limited
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Corporate group structure
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GST Compliance of Hibatech Engineering Industries Private Limited
Hibatech Engineering Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance
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MCA Filings & Documents of Hibatech Engineering Industries Private Limited
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MCA filings and documents
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Frequently Asked Questions about Hibatech Engineering Industries Private Limited
Hibatech Engineering Industries is an active private limited company based in Indore, Madhya Pradesh, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 26 November 2018 (8+ years old) and is registered under CIN U29268MP2018PTC047126.
Hibatech Engineering Industries reported revenue of ₹46.89 Lakh for FY 2023 (down 4% YoY).
Hibatech Engineering Industries has 2 current directors:
- Deepika Shrimal - Director
- Vijesh Mehra - Director
Hibatech Engineering Industries reported a net loss of ₹3.52 Lakh (net margin -7.5%) and EBITDA of ₹3.5 Lakh (EBITDA margin 7.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hibatech Engineering Industries is -27% over three years. In the latest year (FY 2023) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
No. Hibatech Engineering Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hibatech Engineering Industries is U29268MP2018PTC047126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hibatech Engineering Industries was incorporated on 26 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Gwalior.
Devesha Shanbhag ceased to be Director on 10 May 2023. Vijesh Mehra was appointed as Director on 10 May 2023. Deepika Shrimal was appointed as Director on 26 Nov 2018.
Yes, Hibatech Engineering Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).