MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0005159
Hi-Bond Bearings Pvt Ltd - machinery and equipment in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹32.46 Cr
▲ 91.64% YoY
Net profit · FY 2025
₹1.45 Cr
Net margin 4.5%
EBITDA · FY 2025
₹4.47 Cr
EBITDA margin 13.8%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹9.89 Cr
Satisfied ₹3.11 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
83
Provident fund records
About Hi-Bond Bearings Pvt Ltd
Data last updated:
Hi-Bond Bearings Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 22 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29130GJ1990PTC013403. Its GSTIN is 24AAACH5340P1ZH (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Narendra Vastabhai Patel and Amit Dipak 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 246 Aji Industrial Estatephase – II G I D C, Rajkot, Gujarat, India – 360003.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.46 Cr. For the same year it recorded a net profit of ₹1.45 Cr (net margin 4.5%) and EBITDA of ₹4.47 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 33% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.89 Cr and satisfied charges of ₹3.11 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Hi-Bond Bearings Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0005159). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hibond.com.
Company details
CIN U29130GJ1990PTC013403
Registration Number 013403
Incorporation Date 22 February 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0005159
Recognitions & Rankings of Hi-Bond Bearings
Contact details
Hi-Bond Bearings Pvt Ltd's registered office is in Rajkot, Gujarat. Its website is hibond.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address246 Aji Industrial Estatephase – II G I D C, Rajkot, Gujarat, India – 360003
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Hi-Bond Bearings Pvt Ltd, buy the company report.
Comprehensive company report
Hi-Bond Bearings Pvt Ltd - 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-Bond Bearings is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Hi-Bond Bearings Pvt Ltd, buy the company report.
Financials of Hi-Bond Bearings Pvt Ltd
FY 2024 filings availableHi-Bond Bearings Pvt Ltd reported revenue of ₹32.46 Cr for FY 2025.
Revenue · FY 2025
₹32.46 Cr
Net profit · FY 2025
₹1.45 Cr margin 4.5%
EBITDA · FY 2025
₹4.47 Cr margin 13.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 45%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 41%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years. EBITDA fell 43% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.45 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 4.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hi-Bond Bearings Pvt Ltd, buy the company report.
Board of directors of Hi-Bond Bearings Pvt Ltd
Hi-Bond Bearings has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Vastabhai Patel | Director | 02 Apr 2015 | 11 Years 7 Months | Current |
| Amit Dipak Patel | Director | 21 Oct 2013 | 13 Years 0 Months | Current |
| Parin Dipak Patel | Director | 02 Apr 2015 | 11 Years 7 Months | Current |
| Vishal Dhirajlal Patel | Director | 02 Apr 2015 | 11 Years 7 Months | Current |
Peer comparison
Hi-Bond Bearings Pvt Ltd is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Bearings, Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samanjas Udyog Private Limited | ₹32.65 Cr (FY 2024) | 13.0% | Jamnagar, Gujarat, India | |||
| Fujin Corporation Private Limited | ₹32.56 Cr (FY 2025) | -23.0% | New Delhi, Delhi, India | |||
| Jaspreet Steelmet Private Limited | ₹32.51 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Kingfisher Industries Private Limited | ₹32.47 Cr (FY 2016) | -16.0% | Ludhiana, Punjab, India | |||
| Hi-Bond Bearings Pvt Ltdthis company | ₹32.46 Cr (FY 2025) | ₹1.45 Cr | 4.5% | 83 | Rajkot, Gujarat, India | |
| Prarthana Engineering Private Limited | ₹32.44 Cr (FY 2025) | -4.0% | Shimoga, Karnataka, India | |||
| Advance Hydrau-Components Private Limited | ₹32.4 Cr (FY 2025) | 38.0% | Delhi, India | |||
| V J Industries Private Limited | ₹32.33 Cr (FY 2025) | 18.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hi-Bond Bearings Pvt Ltd, buy the company report.
Auditor
Hi-Bond Bearings Pvt Ltd is audited by P GHANSHYAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P GHANSHYAM & CO | FY 2023 | 103153W |
Shareholding
The shareholding of Hi-Bond Bearings Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hi-Bond Bearings Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹9.89 Cr
Satisfied charges
₹3.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2025 | 101094695 | Sidbi | ₹9.09 Cr | Open | |
| 29 Mar 2023 | 100727854 | Hdfc Bank Limited | ₹39 Lakh | Open | |
| 14 Sep 2022 | 100652341 | Hdfc Bank Limited | ₹40.96 Lakh | Open | |
| 09 Feb 2022 | 100542238 | Hdfc Bank Limited | ₹30 Lakh | Satisfied | |
| 26 Dec 2012 | 10397213 | Corporation Bank | ₹2.08 Cr | Satisfied |
To see the full charge records of Hi-Bond Bearings Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Hi-Bond Bearings Pvt Ltd has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Employees State Insurance Corporation | Disposed |
To see the full case history of Hi-Bond Bearings Pvt Ltd, 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.
Credit ratings & regulatory alerts
Hi-Bond Bearings Pvt Ltd was last rated by Brickwork on 23 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 23 Dec 2020 |
To see the full credit ratings and regulatory alerts of Hi-Bond Bearings Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hi-Bond Bearings Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hi-Bond Bearings Pvt Ltd has a workforce of 83 employees on its EPFO records as of May 2026.
Employee count
83
Employee growth
10.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 83 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Hi-Bond Bearings Pvt Ltd, buy the company report.
GST
Hi-Bond Bearings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH5340P1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Bond Bearings Pvt Ltd, buy the company report.
Recent activity
Hi-Bond Bearings Pvt Ltd has 12 board changes on record since 2013: 4 appointments and 8 cessations. The latest: Dipak Vasta Patel ceased to be Director on 31 Mar 2021.
Charges
A charge with Sidbi amounted to Rs. 908.66 Lakh with Charge ID 101094695 was registered on 08 May 2025.
Charges
A charge registered on 09 Feb 2022 via Charge ID 100542238 with Hdfc Bank Limited was fully satisfied on 08 May 2025.
AGM
Hi-Bond Bearings Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hi-Bond Bearings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.00 Lakh with Charge ID 100727854 was registered on 29 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.96 Lakh with Charge ID 100652341 was registered on 14 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100542238 was registered on 09 Feb 2022.
Ceased
Dipak Vasta Patel ceased to be Director.
Charges
A charge registered on 26 Dec 2012 via Charge ID 10397213 with Corporation Bank was fully satisfied on 06 Dec 2017.
Ceased
Bhavita Amit Patel ceased to be Director.
Ceased
Khushbu Parin Patel ceased to be Director.
Ceased
Rama Dhirajlal Patel ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Hi-Bond Bearings is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 22 February 1990 (36+ years old) and is registered under CIN U29130GJ1990PTC013403.
Hi-Bond Bearings has 4 current directors:
- Narendra Vastabhai Patel - Director
- Amit Dipak Patel - Director
- Parin Dipak Patel - Director
- Vishal Dhirajlal Patel - Director
The latest financial statements of Hi-Bond Bearings 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 2015 are in the company report.
The GSTIN of Hi-Bond Bearings is 24AAACH5340P1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Hi-Bond Bearings is U29130GJ1990PTC013403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Bond Bearings has 2 court cases on record: 2 filed against it.
Hi-Bond Bearings was incorporated on 22 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hi-Bond Bearings by revenue are Samanjas Udyog Private Limited, Fujin Corporation Private Limited, Jaspreet Steelmet Private Limited, Kingfisher Industries Private Limited, Prarthana Engineering Private Limited and 2 more, all in the Machinery and Equipment industry (Bearings, Tools and Components), with the same principal business activity (metal and metal products).
Dipak Vasta Patel ceased to be Director on 31 Mar 2021. Bhavita Amit Patel ceased to be Director on 10 Jul 2017. Khushbu Parin Patel ceased to be Director on 10 Jul 2017. Hi-Bond Bearings has 12 board changes on record in total.
Yes, Hi-Bond Bearings is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0005159).
Hi-Bond Bearings can be reached through the website hibond.com. Its registered office is in Rajkot, Gujarat, India.
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