Hi-Choice Processors Pvt Ltd
About Hi-Choice Processors Pvt Ltd
Data last updated:
Hi-Choice Processors Pvt Ltd is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1993PTC020237. Its GSTIN is 24AAACH7062E1ZX (Gujarat).
The company has an authorised share capital of ₹1.95 Cr and a paid-up capital of ₹1.37 Cr. It was formerly known as Hi-Choice Processors Ltd. It is led by directors Giri Raj Dujari and Gaurav Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 264 G I D Croad No 2 Sachin, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.99 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 2.6%) and EBITDA of ₹6.15 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
The company has about 92 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹16.6 Cr and satisfied charges of ₹13.16 Cr on record. Court records list 14 cases involving the company, including 7 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address264 G I D Croad No 2 Sachin, Surat, Gujarat, India – 394230
- IndustryManufacturing, Textile & Fabric Production
- 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
Business Activity of Hi-Choice Processors Pvt Ltd
The main business activity of Hi-Choice Processors is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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.
Financials of Hi-Choice Processors Pvt Ltd FY 2025 filings available
Hi-Choice Processors Pvt Ltd reported revenue of ₹56.99 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hi-Choice Processors Pvt Ltd
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 26% 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 Hi-Choice Processors Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.51 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hi-Choice Processors Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Hi-Choice Processors 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.
Peer Comparison of Hi-Choice Processors Pvt Ltd
Hi-Choice Processors Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.M.R. Tex Industries Private Limited | ₹57.1 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Surat, Gujarat, India |
| Sudhir Synthetics Private Limited | ₹57.02 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bhilwara, Rajasthan, India |
| Belcon Tex Private Limited | ₹57.01 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Surat, Gujarat, India |
| Paaneri Exim Private Limited | ₹57.01 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Antique Cottex Private Limited | ₹57 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Tankara, Gujarat, India |
| Hi-Choice Processors Pvt Ltd this company | ₹56.99 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Surat, Gujarat, India |
| Rupa Dyeing and Printing Private Limited | ₹56.93 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Spunweb India Private Limited | ₹56.84 Cr (FY 2025) | •••• | •••• | •••• | Wankaner, Gujarat, India | |
| Maadhav Processors Private Limited | ₹56.84 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Surat, Gujarat, India |
| South India Spinning Mills Private Limited | ₹56.8 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Perundurai, Tamil Nadu, India |
| LM Cotex Private Limited | ₹56.78 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hi-Choice Processors by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hi-Choice Processors Pvt Ltd
Hi-Choice Processors Pvt Ltd is audited by RASESH SHAH AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RASESH SHAH AND ASSOCIATES | 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 Hi-Choice Processors Pvt Ltd
Hi-Choice Processors 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 |
|---|---|---|---|---|
| Giri Raj Dujari Also directs: Cosmic Industries Ltd. | Director | 13 Apr 2024 | 2 Years 5 Months | Current |
| Gaurav Bajaj Also directs: HCP Prints Private Limited | Director | 02 Jun 2020 | 6 Years 4 Months | Current |
Ownership and Shareholding of Hi-Choice Processors Pvt Ltd
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.
Charges & Borrowings of Hi-Choice Processors Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2017 | Others | ₹16.6 Cr | Open |
| 04 Sep 2010 | Bank of Baroda | ₹4.79 Cr | Satisfied |
| 27 Jul 2010 | Bank of Baroda | ₹70 Lakh | Satisfied |
| 28 Jun 2008 | Bank of Baroda | ₹60 Lakh | Satisfied |
| 11 Nov 2002 | Bank of Baroda | ₹31.59 Lakh | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Hi-Choice Processors Pvt Ltd
Hi-Choice Processors Pvt Ltd has 14 court cases on record: 7 filed by Hi-Choice Processors, 6 filed against it, 1 where it is another party. 1 case is pending and 13 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 1 |
| District courts | 7 | 5 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Superfine Impex Pvt Ltd | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against Income Tax Officer | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri S. S. Shah, Government Labour Officer and Bonus Payment Inspector, Surat | Disposed |
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri S. S. Shah, Government Labour Officer and Bonus Payment Inspector, Surat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri S. S. Shah, Government Labour Officer and Inspector Under Minimum Wages Act, Surat | Disposed |
Full case history
All 14 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.
Employees and EPFO Compliance at Hi-Choice Processors Pvt Ltd
Hi-Choice Processors Pvt Ltd has a workforce of 92 employees as of Apr 02, 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.
Group Structure of Hi-Choice Processors Pvt Ltd
Hi-Choice Processors has 1 subsidiary 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 |
|---|---|---|
| Hcp Prints Private Limited | U17299GJ2020PTC114396 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Hi-Choice Processors Pvt Ltd
Hi-Choice Processors Pvt Ltd has 5 board changes on record since 1993: 4 appointments and 1 cessation. The latest: Giri Raj Dujari was appointed as Director on 13 Apr 2024.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hi-Choice Processors Pvt Ltd
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 Hi-Choice Processors Pvt Ltd
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 Hi-Choice Processors Pvt Ltd
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.
GST Compliance of Hi-Choice Processors Pvt Ltd
Hi-Choice Processors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH7062E1ZX | Gujarat | 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.
MCA Filings & Documents of Hi-Choice Processors Pvt Ltd
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.
Frequently Asked Questions about Hi-Choice Processors Pvt Ltd
Hi-Choice Processors is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 September 1993 (33+ years old) and is registered under CIN U17119GJ1993PTC020237.
Hi-Choice Processors reported revenue of ₹56.99 Cr for FY 2025 (down 1% YoY).
Hi-Choice Processors has 2 current directors:
- Giri Raj Dujari - Director
- Gaurav Bajaj - Director
Hi-Choice Processors reported a net profit of ₹1.51 Cr (net margin 2.6%) and EBITDA of ₹6.15 Cr (EBITDA margin 10.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hi-Choice Processors is 8% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hi-Choice Processors is 24AAACH7062E1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Hi-Choice Processors is U17119GJ1993PTC020237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Choice Processors has 14 court cases on record: 7 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Hi-Choice Processors was incorporated on 21 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hi-Choice Processors by revenue are A.M.R. Tex Industries Private Limited, Sudhir Synthetics Private Limited, Belcon Tex Private Limited, Paaneri Exim Private Limited, Antique Cottex Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Giri Raj Dujari was appointed as Director on 13 Apr 2024. Gaurav Bajaj was appointed as Director on 02 Jun 2020. Krishankumar Bajaj ceased to be Director on 02 Jun 2020. Hi-Choice Processors has 5 board changes on record in total.