MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-28-0016684
Hicon Engineering Co Private Ltd - engineering in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹52.62 Cr
▲ 11% YoY
Net profit · FY 2024
₹7.35 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹1.55 Cr
EBITDA margin 3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹19 Lakh
Issued & subscribed
Open charges
₹13.55 Cr
Satisfied ₹2 Cr
Company age
40 yrs
Est. 1986
Directors on board
3
As per MCA filings
About Hicon Engineering Co Private Ltd
Data last updated:
Hicon Engineering Co Private Ltd is a private limited company based in Delhi, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 17 March 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC023620. Its GSTIN is 09AABCH0642K1ZN (Uttar Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19 Lakh. It is led by directors including Vinod Bafna and Suresh Kumar Bagrecha.
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 4226 – A/1 Ansari Road Darya Ganj, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.62 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹7.35 Lakh (net margin 0.1%) and EBITDA of ₹1.55 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 23% over five years.
The company is associated with 1 brand: Hicon Engineering. As per MCA filings, the company has open charges of ₹13.55 Cr and satisfied charges of ₹2 Cr on record. Court records list 11 cases involving the company, including 11 filed by the company; 5 cases are pending.
Hicon Engineering Co Private Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0016684). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hicon.co.in.
Company details
CIN U74899DL1986PTC023620
Registration Number 023620
Incorporation Date 17 March 1986
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0016684
Recognitions & Rankings of Hicon Engineering Co
Contact details
Hicon Engineering Co Private Ltd's registered office is in Delhi, Delhi. Its website is hicon.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4226 – A/1 Ansari Road Darya Ganj, Delhi, India – 110002
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Hicon Engineering Co Private Ltd, buy the company report.
Comprehensive company report
Hicon Engineering Co Private 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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Secure checkout · GST invoice included
Brands
Hicon Engineering Co operates one associated brand: Hicon Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and installs insulated doors, panels for industrial and clean room applications. | hicon.co.in |
Business activity
The main business activity of Hicon Engineering Co 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 Hicon Engineering Co Private Ltd, buy the company report.
Financials of Hicon Engineering Co Private Ltd
FY 2025 filings availableHicon Engineering Co Private Ltd reported revenue of ₹52.62 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹52.62 Cr ▲ 11%
Net profit · FY 2024
₹7.35 Lakh margin 0.1%
EBITDA · FY 2024
₹1.55 Cr margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 36%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 23%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 11% growth in the latest year. EBITDA fell 5% 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 |
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| Total Expenses | |||||
| EBITDA | ₹1.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.35 Lakh | ||||
| Balance Sheet | |||||
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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 | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Hicon Engineering Co Private Ltd, buy the company report.
Board of directors of Hicon Engineering Co Private Ltd
Hicon Engineering Co has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Bafna | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
| Suresh Kumar Bagrecha | Director | 09 Nov 2008 | 17 Years 11 Months | Current |
| Ravi Bafna | Director | 09 Nov 2008 | 17 Years 11 Months | Current |
Peer comparison
Hicon Engineering Co Private Ltd is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Fittings), 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 |
|---|---|---|---|---|---|---|
| Vaibhav Fitting India Private Limited | ₹55.92 Cr (FY 2025) | 35.0% | Umbergaon, Gujarat, India | |||
| DNV Global Private Limited | ₹54.78 Cr (FY 2024) | 24.0% | Delhi, India | |||
| Mercury Fittings Private Limited | ₹54.15 Cr (FY 2025) | 3.0% | Tamil Nadu, India | |||
| Hicon Engineering Co Private Ltdthis company | ₹52.62 Cr (FY 2024) | ₹7.35 Lakh | 0.1% | 11.0% | Delhi, India | |
| Poojawestern Metaliks Limited | ₹51.45 Cr (FY 2025) | -17.0% | Jamnagar, Gujarat, India |
To see the full peer comparison of Hicon Engineering Co Private Ltd, buy the company report.
Auditor
Hicon Engineering Co Private Ltd is audited by SUNIL VIJAY AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL VIJAY AND ASSOCIATES | FY 2023 | 005802N |
Shareholding
The shareholding of Hicon Engineering Co Private Ltd 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 Hicon Engineering Co Private Ltd, buy the company report.
Charges & borrowings
Open charges
₹13.55 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2025 | 101100297 | Hdfc Bank Limited | ₹50.14 Lakh | Open | |
| 29 Jan 2024 | 100858186 | Others | ₹4.5 Cr | Open | |
| 21 Aug 2023 | 100794734 | Others | ₹6 Cr | Open | |
| 22 Mar 2021 | 100429311 | Citi Bank N.A. | ₹2.5 Cr | Open | |
| 25 Mar 2013 | 10423851 | Vijaya Bank | ₹4.4 Lakh | Open |
To see the full charge records of Hicon Engineering Co Private Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Hicon Engineering Co Private Ltd has 11 court cases on record: 11 filed by Hicon Engineering Co. 5 cases are pending and 6 are disposed.
Total cases
11
Filed by the company
11
Pending
5
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 5 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against M/S Enthalpist Refrigeration and Insulation LLP and Others Through Its Managing Partner/Partner and 2 others | Pending |
| District court, Central, Delhi | Civil suit | Filed by the company against M/S Fresh Pro Agri Solutions Pvt Ltd and Others Through Its Managing Director Director and 1 other | Pending |
| District court, Central, Delhi | Execution petition | Filed by the company against M/S. Gopala Thermopacks India Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against Gopala Thermopacks India Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Temptech Aircon Pvt.Ltd | Disposed |
To see the full case history of Hicon Engineering Co Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hicon Engineering Co Private Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hicon Engineering Co has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCH0642K1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hicon Engineering Co Private Ltd, buy the company report.
Recent activity
Hicon Engineering Co Private Ltd has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Vinod Bafna was appointed as Director on 01 Apr 2018.
Charges
A charge with Others of Rs. 450.00 Lakh registered on 29 Jan 2024 with Charge ID 100858186 was modified on 21 Nov 2025.
AGM
Hicon Engineering Co Private Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hicon Engineering Co Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.14 Lakh with Charge ID 101100297 was registered on 21 Mar 2025.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 21 Aug 2023 with Charge ID 100794734 was modified on 22 Nov 2024.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 100858186 was registered on 29 Jan 2024.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100794734 was registered on 21 Aug 2023.
Charges
A charge with Citi Bank N.A. of Rs. 250.00 Lakh registered on 22 Mar 2021 with Charge ID 100429311 was modified on 10 Jul 2021.
Charges
A charge with Citi Bank N.A. amounted to Rs. 250.00 Lakh with Charge ID 100429311 was registered on 22 Mar 2021.
Charges
A charge registered on 03 Jun 2013 via Charge ID 10438959 with Axis Bank Limited was fully satisfied on 09 Feb 2021.
Appointed
Vinod Bafna was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 200.00 Lakh registered on 03 Jun 2013 with Charge ID 10438959 was modified on 28 Oct 2015.
8 earlier events are in the company report.
Frequently asked questions
Hicon Engineering Co is an active private limited company based in Delhi, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 17 March 1986 (40+ years old) and is registered under CIN U74899DL1986PTC023620.
Hicon Engineering Co has 3 current directors:
- Vinod Bafna - Director
- Suresh Kumar Bagrecha - Director
- Ravi Bafna - Director
The latest financial statements of Hicon Engineering Co on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hicon Engineering Co is 09AABCH0642K1ZN, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Hicon Engineering Co is U74899DL1986PTC023620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hicon Engineering Co has 11 court cases on record: 11 filed by the company. 5 are pending. Most are in the district courts.
Hicon Engineering Co was incorporated on 17 March 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Hicon Engineering Co by revenue are Vaibhav Fitting India Private Limited, DNV Global Private Limited, Mercury Fittings Private Limited, Poojawestern Metaliks Limited, all in the Manufacturing industry (Fittings), with the same principal business activity (metal and metal products).
Vinod Bafna was appointed as Director on 01 Apr 2018. Arun Kumar Gupta ceased to be Director on 20 Sep 2010. Daksh Gupta ceased to be Director on 23 Mar 2009. Hicon Engineering Co has 6 board changes on record in total.
Yes, Hicon Engineering Co is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0016684).
Hicon Engineering Co can be reached through the website hicon.co.in. Its registered office is in Delhi, India.