About Hical Technologies Private Limited
Data last updated:
Hical Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2011PTC060176. Its GSTIN is 29AACCH7296L1ZU (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.97 Cr. It was formerly known as Hical Aerospace Private Limited. It is led by directors including Jaiveer Yashas (Managing Director) and Shashikiran Mullur.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sy. No.46&47 Electronic City Phase 2 Hosur Road, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2025, the company reported a revenue of ₹213.15 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹7.21 Cr (net margin 3.4%) and EBITDA of ₹28.82 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 9% over five years.
The company has about 517 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Hical Technologies. As per MCA filings, the company has open charges of ₹165.9 Cr and satisfied charges of ₹52.73 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hical.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSy. No.46&47 Electronic City Phase 2 Hosur Road, Bangalore, Karnataka, India – 560100
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Associated Brands with Hical Technologies Private Limited
Hical Technologies operates one associated brand: Hical Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures motors, solenoids, and systems for aerospace and defense sectors. | hical.com |
Competitors & Alternatives of Hical Technologies Private Limited
Brands and companies operating in the same space as Hical Technologies Private Limited include Integrated Power Services, Pilz, Sonepar and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Integrated Power Services | Repair and field services for electric motors, generators and power transmission components | Greenville, United States | 2007 |
 Pilz | Electronic control and monitoring devices are developed and supplied. | Ostfildern, Germany | 1948 |
 Sonepar | Electrical products and related services are distributed globally. | Malakoff, France | 1969 |
 Flow Control Group | Fluid measurement, control, and filtration products are manufactured and distributed. | Birmingham, United States | 2014 |
 ERIKS | Automotive spare parts are retailed online via ERIKS platform. | Utrecht, Netherlands | 1940 |
 SunSource | Diversified industrial automation products are supplied to industrial sectors. | Addison, United States | 2001 |
 BPS Supply Group | Online distributor of industrial tools & equipment | Shafter, United States | 1968 |
Business Activity of Hical Technologies Private Limited
The main business activity of Hical Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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.
Auditor Details of Hical Technologies Private Limited
Hical Technologies Private Limited is audited by RAJAGOPAL & BADRI NARAYANAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJAGOPAL & BADRI NARAYANAN | 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 Hical Technologies Private Limited
Hical Technologies has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikiran Mullur Also directs: Lemon -Tree Plantations Private Limited, Yagachi Technologies Private Limited, Hical Infra Private Limited and 1 more | Director | 26 Aug 2011 | 15 Years 1 Months | Current |
| Sujaya Shashikiran Also directs: Lemon -Tree Plantations Private Limited, Yagachi Technologies Private Limited, Hical Infra Private Limited and 3 more | Director | 26 Aug 2011 | 15 Years 1 Months | Current |
| Vallam Bakthavatchalam Venkatesh | Director | 15 Dec 2015 | 10 Years 9 Months | Current |
| Jaiveer Yashas | Managing Director | 15 Dec 2015 | 10 Years 9 Months | Current |
| Soumya Venkatesh | Additional Director | 01 Mar 2026 | 0 Years 7 Months | Current |
Financials of Hical Technologies Private Limited FY 2025 filings available
Hical Technologies Private Limited reported revenue of ₹213.15 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hical Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 35% growth in the latest year. EBITDA rose 69% 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 Hical Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.21 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Hical Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA Margin | 13.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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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 Hical Technologies 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.
Ownership and Shareholding of Hical Technologies 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.
Group Structure of Hical Technologies Private Limited
Hical Technologies has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Hical Nse Electronics Private Limited | U31908KA2012PTC065813 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Hical Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2026 | Others | ₹4.91 Cr | Open |
| 23 Jun 2026 | Hdfc Bank Limited | ₹14.95 Cr | Open |
| 14 Apr 2026 | Others | ₹3.11 Cr | Open |
| 02 Apr 2026 | Others | ₹2.93 Cr | Open |
| 11 Sep 2024 | Others | ₹20 Cr | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Hical Technologies Private Limited
Hical Technologies Private Limited has a workforce of 517 employees as of Apr 06, 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.
GST Compliance of Hical Technologies Private Limited
Hical Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH7296L1ZU | Karnataka | Active | 01 Jul 2017 |
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.
Legal Cases of Hical Technologies Private Limited
Hical Technologies Private Limited has 6 court cases on record: 5 filed by Hical Technologies, 1 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (REF) | Filed by the company against Hical Infra Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (REF) | Filed by the company against Hical Technologies Private Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Hical Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (REF) | Filed against the company by Hical Techonologies Pvt. Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
Full case history
All 6 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.
Credit Ratings, Litigation & Regulatory Alerts for Hical Technologies 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 Hical Technologies 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 Hical Technologies 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.
MCA Filings & Documents of Hical Technologies 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.
Recent Activity on Hical Technologies Private Limited
Frequently Asked Questions about Hical Technologies Private Limited
Hical Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 August 2011 (15+ years old) and is registered under CIN U31900KA2011PTC060176.
Hical Technologies reported revenue of ₹213.15 Cr for FY 2025 (up 35% YoY).
Hical Technologies has 5 current directors:
- Jaiveer Yashas - Managing Director
- Shashikiran Mullur - Director
- Sujaya Shashikiran - Director
- Vallam Bakthavatchalam Venkatesh - Director
- Soumya Venkatesh - Additional Director
Hical Technologies reported a net profit of ₹7.21 Cr (net margin 3.4%) and EBITDA of ₹28.82 Cr (EBITDA margin 13.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hical Technologies is 26% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hical Technologies is 29AACCH7296L1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Hical Technologies is U31900KA2011PTC060176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hical Technologies has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
Hical Technologies was incorporated on 26 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.