
Hidrive Developers and Industries Limited
About Hidrive Developers and Industries Limited
Data last updated:
Hidrive Developers and Industries Limited was a public limited company based in Pindwara, Rajasthan, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 03 August 2012.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U23941RJ2012PLC096250. Its GSTIN is 07AACCH9735Q1ZU (Delhi).
The company had an authorised share capital of ₹2.51 Cr and a paid-up capital of ₹16.74 Lakh. It was formerly known as Hidrive Developers and Industries Private Limited. It was led by directors including Sudhir Anna Bidkar and Priyank Shukla.
Its last annual general meeting (AGM) was held on 22 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Pindwara, Rajasthan.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.28 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹32.62 Lakh (net margin 67.6%) and EBITDA of ₹41.6 Lakh (EBITDA margin 86.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 172% over five years.
Company details
CIN history
Hidrive Developers and Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U23941RJ2012PLC096250, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23941RJ2012PLC096250 | Current |
| U23941DL2012PTC239786 | Previous |
| U70101DL2012PTC239786 | Previous |
Contact details
Hidrive Developers and Industries Limited's registered office is in Pindwara, Rajasthan.
- Registered AddressJayakaypuram Basantgarh, Distt. Sirohi, Pindwara, Rajasthan, India – 307019
- IndustryReal Estate, Real Estate Leasing
- 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
Business activity
The main business activity of Hidrive Developers and Industries is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Hidrive Developers and Industries Limited, buy the company report.
Financials of Hidrive Developers and Industries Limited
FY 2024 filings availableHidrive Developers and Industries Limited reported revenue of ₹48.28 Lakh (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 172% over five years, including 24% growth in the latest year. EBITDA rose 7% 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 | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹41.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.62 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.2% | ||||
| Net Profit Margin | 67.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hidrive Developers and Industries Limited, buy the company report.
Board of directors of Hidrive Developers and Industries Limited
Hidrive Developers and Industries has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Anna Bidkar Also directs: Avichal Cement Private Limited, Agrani Cement Private Limited, Trivikram Cement Private Limited and 3 more | Director | 05 Feb 2024 | 2 Years 8 Months | As last reported |
| Priyank Shukla | Director | 05 Feb 2024 | 2 Years 8 Months | As last reported |
| Chiranjiv Kumar Bagga | Director | 03 Feb 2021 | 5 Years 8 Months | As last reported |
Legal cases
No court or tribunal cases involving Hidrive Developers and Industries Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hidrive Developers and Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hidrive Developers and Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCH9735Q1ZU | Delhi | Active | 31 Mar 2021 |
To see the full GST registrations and return filing status of Hidrive Developers and Industries Limited, buy the company report.
Recent activity
Hidrive Developers and Industries Limited has 12 board changes on record since 2012: 3 appointments and 9 cessations. The latest: Priyank Shukla ceased to be Additional Director on 21 Aug 2024.
3 earlier events are in the company report.
Frequently asked questions
Hidrive Developers and Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hidrive Developers and Industries was a public limited company based in Pindwara, Rajasthan, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 03 August 2012 and is registered under CIN U23941RJ2012PLC096250. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hidrive Developers and Industries was incorporated on 03 August 2012. It is registered with the Registrar of Companies, Jaipur.
Hidrive Developers and Industries had 3 directors:
- Sudhir Anna Bidkar - Director
- Priyank Shukla - Director
- Chiranjiv Kumar Bagga - Director
The CIN (Corporate Identification Number) of Hidrive Developers and Industries is U23941RJ2012PLC096250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hidrive Developers and Industries is at Jayakaypuram Basantgarh, Distt. Sirohi, Pindwara, Rajasthan, India – 307019.
The latest financial statements of Hidrive Developers and Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hidrive Developers and Industries is 07AACCH9735Q1ZU, registered in Delhi.
Hidrive Developers and Industries operated in the real estate industry, in the real estate leasing segment.
Priyank Shukla ceased to be Additional Director on 21 Aug 2024. Sudhir Anna Bidkar ceased to be Additional Director on 21 Aug 2024. Nand Gopal Khaitan ceased to be Additional Director on 05 Aug 2024. Hidrive Developers and Industries has 12 board changes on record in total.