Hi-Chem Engineering (India) Private Limited
About Hi-Chem Engineering (India) Private Limited
Data last updated:
Hi-Chem Engineering (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 18 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1997PTC105949. Its GSTIN is 27AAACH2351N2ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Shahidabegum Daiyanahmed Azmi and Waqar Daiyan Ahmed Azmi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Unit No. 604 & 605 Shalimar Morya Park Plot No. B – 2 Oshiwara Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2021, the company reported a revenue of ₹33.6 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹15.59 Lakh (net margin -46.4%) and EBITDA of -₹51.28 Lakh (EBITDA margin -152.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹48.39 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Hi-Chem Engineering (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No. 604 & 605 Shalimar Morya Park Plot No. B – 2 Oshiwara Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Hi-Chem Engineering (India) Private Limited, buy the company report.
- 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
Financials of Hi-Chem Engineering (India) Private Limited
FY 2022 filings availableHi-Chem Engineering (India) Private Limited reported revenue of ₹33.6 Lakh (up 6% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 6% growth 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹33.6 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹51.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.59 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -152.6% | ||||
| Net Profit Margin | -46.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hi-Chem Engineering (India) Private Limited, buy the company report.
Board of directors of Hi-Chem Engineering (India) Private Limited
Hi-Chem Engineering (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shahidabegum Daiyanahmed Azmi Also directs: Sutra Services Private Limited, Hi-Tech Valves Private Limited, Leo Duct Contractors Pvt Ltd and 1 more | Director | 27 Mar 2020 | 6 Years 6 Months | Current |
| Waqar Daiyan Ahmed Azmi Also directs: Sutra Services Private Limited | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
Auditor
Hi-Chem Engineering (India) Private Limited is audited by KIRAN MEHTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRAN MEHTA & CO | FY 2021 | 105188W |
Shareholding
The shareholding of Hi-Chem Engineering (India) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hi-Chem Engineering (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2014 | 10483625 | Canara Bank | ₹48.39 Cr | Open |
To see the full charge records of Hi-Chem Engineering (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Hi-Chem Engineering (India) Private Limited has 1 court case on record: 1 filed by Hi-Chem Engineering (India). All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra THR. Secretary and Ors | Pending |
To see the full case history of Hi-Chem Engineering (India) 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-Chem Engineering (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Chem Engineering (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH2351N2ZH | Maharashtra | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Chem Engineering (India) Private Limited, buy the company report.
Recent activity
Hi-Chem Engineering (India) Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Daiyan Ahmed Azmi ceased to be Director on 31 Dec 2020.
Frequently asked questions
Hi-Chem Engineering (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 18 February 1997 (29+ years old) and is registered under CIN U74210MH1997PTC105949.
Hi-Chem Engineering (India) has 2 current directors:
- Shahidabegum Daiyanahmed Azmi - Director
- Waqar Daiyan Ahmed Azmi - Director
The latest financial statements of Hi-Chem Engineering (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Chem Engineering (India) is 27AAACH2351N2ZH, registered in Maharashtra. 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-Chem Engineering (India) is U74210MH1997PTC105949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Chem Engineering (India) has 1 court case on record: 1 filed by the company. 1 is pending.
Hi-Chem Engineering (India) was incorporated on 18 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Daiyan Ahmed Azmi ceased to be Director on 31 Dec 2020. Noaman Mohammed Shaikh ceased to be Director on 31 Dec 2020. Suleman Ahmed Azmi ceased to be Director on 31 Dec 2020. Hi-Chem Engineering (India) has 5 board changes on record in total.
The registered office of Hi-Chem Engineering (India) is at Unit No. 604 & 605 Shalimar Morya Park Plot No. B – 2 Oshiwara Andheri West, Mumbai, Maharashtra, India – 400053.
Hi-Chem Engineering (India) operates in the machinery and equipment industry, in the industrial control valves and systems segment.