About Hicotronics Devices Private Limited
Data last updated:
Hicotronics Devices Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence 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), Bangalore, under CIN U32103KA1997PTC022667.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47 Lakh. It is led by directors including Suresh Kumar Chopra and Jeetendra Chopra.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹298.13 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹11.27 Cr (net margin 3.8%) and EBITDA of ₹19.11 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 23% over five years.
The company has about 100 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hicotronics. As per MCA filings, the company has open charges of ₹118.85 Cr and satisfied charges of ₹46.88 Cr on record. Court records list 78 cases involving the company, including 63 filed by the company and 14 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hicotronics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address39/1 1st Main Road New Timber Yard Layout Near Satellite Bus Stand Mysore Road Cr, Oss, Bangalore, Karnataka, India – 560026
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
- 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 Hicotronics Devices Private Limited
Hicotronics Devices operates one associated brand: Hicotronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial electronic components are distributed globally with supply chain services. | hicotronics.com |
Business Activity of Hicotronics Devices Private Limited
The main business activity of Hicotronics Devices is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Hicotronics Devices Private Limited
Hicotronics Devices Private Limited is audited by NNMS & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NNMS & Co | 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 Hicotronics Devices Private Limited
Hicotronics Devices has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Chopra | Director | 20 Aug 1997 | 29 Years 1 Months | Current |
| Jeetendra Chopra | Director | 30 Sep 2004 | 22 Years 0 Months | Current |
| Sumit Chopra | Director | 03 Apr 2014 | 12 Years 6 Months | Current |
Financials of Hicotronics Devices Private Limited FY 2024 filings available
Hicotronics Devices Private Limited reported revenue of ₹298.13 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hicotronics Devices Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 17% growth in the latest year. EBITDA fell 20% 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 Hicotronics Devices Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.27 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Hicotronics Devices Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Hicotronics Devices 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 Hicotronics Devices 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.
Charges & Borrowings of Hicotronics Devices Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2023 | Others | ₹21.3 Lakh | Open |
| 27 Mar 2023 | Others | ₹39.35 Lakh | Open |
| 03 Jul 2020 | Hdfc Bank Limited | ₹66.82 Cr | Open |
| 26 Sep 2017 | Hdfc Bank Limited | ₹51.42 Cr | Open |
| 27 Dec 2016 | Canara Bank | ₹14 Cr | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Hicotronics Devices Private Limited
Hicotronics Devices Private Limited has a workforce of 100 employees as of Mar 21, 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 Hicotronics Devices Private Limited
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 Hicotronics Devices Private Limited
Hicotronics Devices Private Limited has 78 court cases on record: 63 filed by Hicotronics Devices, 14 filed against it, 1 where it is another party. 11 cases are pending and 67 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 65 | 4 | 8 |
| High courts | 13 | 10 | 3 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Senatla Innovative EV Components Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sourceways Weblabs Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sourceways Weblabs Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Senatla Innovative EV Components Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Orion Industries Private Limited | Disposed |
Full case history
All 78 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 Hicotronics Devices 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 Hicotronics Devices 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 Hicotronics Devices 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 Hicotronics Devices 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 Hicotronics Devices Private Limited
Frequently Asked Questions about Hicotronics Devices Private Limited
Hicotronics Devices is an active private limited company based in Bangalore, Karnataka, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 20 August 1997 (29+ years old) and is registered under CIN U32103KA1997PTC022667.
Hicotronics Devices reported revenue of ₹298.13 Cr for FY 2025 (up 17% YoY).
Hicotronics Devices has 3 current directors:
- Suresh Kumar Chopra - Director
- Jeetendra Chopra - Director
- Sumit Chopra - Director
Hicotronics Devices reported a net profit of ₹11.27 Cr (net margin 3.8%) and EBITDA of ₹19.11 Cr (EBITDA margin 6.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hicotronics Devices is 15% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hicotronics Devices is U32103KA1997PTC022667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hicotronics Devices has 78 court cases on record: 63 filed by the company and 14 filed against it. 11 are pending. Most are in the district courts.
Hicotronics Devices was incorporated on 20 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Hicotronics Devices can be reached through the website hicotronics.com. Its registered office is in Bangalore, Karnataka, India.