MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-07-0003646
Hi Care Gloves Private Limited - healthcare in Kottayam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹59.09 Cr
▲ 15% YoY
Net loss · FY 2024
₹54.43 Lakh
Net margin -0.9%
EBITDA · FY 2024
₹1.77 Cr
EBITDA margin 3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.15 Cr
Issued & subscribed
Open charges
₹5.79 Cr
Satisfied ₹1.23 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
40
Provident fund records
About Hi Care Gloves Private Limited
Data last updated:
Hi Care Gloves Private Limited is a private limited company based in Kottayam, Kerala, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 20 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U25199KL1997PTC011717. Its GSTIN is 32AABCN0902C1ZE (Kerala). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.15 Cr. It was formerly known as Neerakal Gloves Private Limited. It is led by directors Johns Alexandar Neerackan (Managing Director) and Pradeep Kumar Punnamparampil.
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 8/61B Marangattupally, Kottayam, Kerala, India – 686635.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.09 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹54.43 Lakh (net margin -0.9%) and EBITDA of ₹1.77 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 45% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hi-Caregloves. As per MCA filings, the company has open charges of ₹5.79 Cr and satisfied charges of ₹1.23 Cr on record. Court records list 48 cases involving the company, including 17 filed by the company and 31 filed against it; 10 cases are pending.
Hi Care Gloves Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-07-0003646). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hicaregloves.in.
Company details
CIN U25199KL1997PTC011717
Registration Number 011717
Incorporation Date 20 August 1997
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-07-0003646
Recognitions & Rankings of Hi Care Gloves
Contact details
Hi Care Gloves Private Limited's registered office is in Kottayam, Kerala. Its website is hicaregloves.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8/61B Marangattupally, Kottayam, Kerala, India – 686635
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Hi Care Gloves Private Limited, buy the company report.
Comprehensive company report
Hi Care Gloves 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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Brands
Hi Care Gloves operates one associated brand: HI-CAREGLOVES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of surgical and disposable gloves in the healthcare sector in India. | hicaregloves.in |
Business activity
The main business activity of Hi Care Gloves is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Hi Care Gloves Private Limited, buy the company report.
Financials of Hi Care Gloves Private Limited
FY 2024 filings availableHi Care Gloves Private Limited reported revenue of ₹59.09 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹59.09 Cr ▲ 15%
Net loss · FY 2024
₹54.43 Lakh margin -0.9%
EBITDA · FY 2024
₹1.77 Cr margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 34%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 20%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 15% growth in the latest year. EBITDA fell 41% 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 | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.43 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 3% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Care Gloves Private Limited, buy the company report.
Board of directors of Hi Care Gloves Private Limited
Hi Care Gloves has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Punnamparampil | Director | 09 Jul 2016 | 10 Years 4 Months | Current |
| Johns Alexandar Neerackan Also directs: Hi Safe Medi Gloves Private Limited | Managing Director | 20 Aug 1997 | 29 Years 2 Months | Current |
Auditor
Hi Care Gloves Private Limited is audited by K.T Madhusudanan & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.T Madhusudanan & Co. | FY 2023 | 006083S |
Shareholding
The shareholding of Hi Care Gloves 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 Care Gloves Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.79 Cr
Satisfied charges
₹1.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2010 | 10213352 | Axis Bank Limited | ₹2.2 Cr | Open | |
| 01 Oct 2009 | 10182632 | Axis Bank Limited | ₹3.59 Cr | Open | |
| 17 Jun 1999 | 90017422 | The South Indian Bank Limited | ₹55 Lakh | Satisfied | |
| 20 Jul 1998 | 90017174 | Kerala Financial Corporation | ₹67.5 Lakh | Satisfied |
To see the full charge records of Hi Care Gloves Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Hi Care Gloves Private Limited has 48 court cases on record: 17 filed by Hi Care Gloves, 31 filed against it. 10 cases are pending and 38 are disposed.
Total cases
48
Filed by the company
17
Filed against the company
31
Pending
10
Disposed
38
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 29 | 7 |
| High courts | 15 | 2 | 3 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal complaint | Filed against the company by M/S Associated Rubber Chemicals(Kochi)Pvt Ltd | Pending |
| High Court of Kerala | Court case (AR) | Filed against the company by Kanam Latex Industries Pvt. Ltd. | Pending |
| High Court of Kerala | Arbitration matter | Filed against the company by M/S. Kanam Latex Industries Pvt. Ltd. | Pending |
| District court, Kottayam, Kerala | Court case (MA(Arb)) | Filed against the company by M/S. Kanam Latex Industries Pvt. Ltd | Disposed |
| District court, Kottayam, Kerala | Execution petition | Filed against the company by M/S Kotak Mahindra Bank Ltd. | Disposed |
To see the full case history of Hi Care Gloves 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
No delayed payments to MSME suppliers are on our record for Hi Care Gloves Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hi Care Gloves Private Limited has a workforce of 40 employees on its EPFO records as of Apr 2025, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 40 |
| 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 | |
| FY 2015-16 |
To see the full employee and EPFO history of Hi Care Gloves Private Limited, buy the company report.
GST
Hi Care Gloves has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCN0902C1ZE | Kerala | Active | 01 Jul 2017 |
| 07AABCN0902C1Z7 | Delhi | Active | 31 Jul 2018 |
To see the full GST registrations and return filing status of Hi Care Gloves Private Limited, buy the company report.
Recent activity
Hi Care Gloves Private Limited has 11 board changes on record since 1997: 2 appointments and 9 cessations. The latest: Sabu Kuriakose ceased to be CFO on 02 Aug 2024.
AGM
Hi Care Gloves Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Sabu Kuriakose ceased to be CFO.
Filing
Hi Care Gloves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Jalaludeen Valiyakunnathu Mohammed Ismail ceased to be CFO.
Ceased
Maria Johns ceased to be Additional Director.
Ceased
Kochuparampu Ouseph Shaji ceased to be Additional Director.
Ceased
Rosamma Raju ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 3.59 Cr registered on 01 Oct 2009 with Charge ID 10182632 was modified on 28 Oct 2020.
Ceased
Pradeep Kumar Punnamparampil ceased to be Director.
Ceased
Rejikarimundackal Joseph ceased to be Additional Director.
Appointed
Pradeep Kumar Punnamparampil was appointed as Director.
Ceased
Jose Alexander Neerakan ceased to be Director.
12 earlier events are in the company report.
Frequently asked questions
Hi Care Gloves is an active private limited company based in Kottayam, Kerala, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 20 August 1997 (29+ years old) and is registered under CIN U25199KL1997PTC011717.
Hi Care Gloves has 2 current directors:
- Johns Alexandar Neerackan - Managing Director
- Pradeep Kumar Punnamparampil - Director
The latest financial statements of Hi Care Gloves 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 Care Gloves is 32AABCN0902C1ZE, registered in Kerala. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AABCN0902C1Z7 (Delhi).
The CIN (Corporate Identification Number) of Hi Care Gloves is U25199KL1997PTC011717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi Care Gloves has 48 court cases on record: 17 filed by the company and 31 filed against it. 10 are pending. Most are in the district courts.
Hi Care Gloves was incorporated on 20 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ernakulam.
Sabu Kuriakose ceased to be CFO on 02 Aug 2024. Jalaludeen Valiyakunnathu Mohammed Ismail ceased to be CFO on 04 Mar 2024. Maria Johns ceased to be Additional Director on 17 Nov 2022. Hi Care Gloves has 11 board changes on record in total.
Yes, Hi Care Gloves is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-07-0003646).
Hi Care Gloves can be reached through the website hicaregloves.in. Its registered office is in Kottayam, Kerala, India.
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