Hi-Fit Elastomers Private Limited

Hi-Fit Elastomers Private Limited - manufacturing in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U25190TN2007PTC063606 Incorporated 22 May 2007 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹26.84 Cr
▲ 1% YoY
Net profit · FY 2024
₹87.23 Lakh
Net margin 3.3%
EBITDA · FY 2024
₹3.38 Cr
EBITDA margin 12.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹47 Lakh
Issued & subscribed
Open charges
₹30.93 Cr
Satisfied ₹5.95 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
63
Provident fund records

About Hi-Fit Elastomers Private Limited

Data last updated:

Hi-Fit Elastomers Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 22 May 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25190TN2007PTC063606. Its GSTIN is 33AABCH8694P1ZU (Tamil Nadu).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47 Lakh. It is led by directors including Natarajan Kamatchisundaram (Managing Director) and Somasundarm Abirami.

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 3/371 Susee Colony Sikkandar Chavadi, Madurai, Tamil Nadu, India – 625018.

As per the financials filed for FY 2024, the company reported a revenue of ₹26.84 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹87.23 Lakh (net margin 3.3%) and EBITDA of ₹3.38 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.

The company has about 63 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹30.93 Cr and satisfied charges of ₹5.95 Cr on record.

Hi-Fit Elastomers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0006339). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U25190TN2007PTC063606
Registration Number 063606
Incorporation Date 22 May 2007
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-12-0006339

Recognitions & Rankings of Hi-Fit Elastomers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-12-0006339

Contact details

Hi-Fit Elastomers Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    3/371 Susee Colony Sikkandar Chavadi, Madurai, Tamil Nadu, India – 625018
  • Industry
    Manufacturing, Rubber-Based Products

To see the full contact details of Hi-Fit Elastomers Private Limited, buy the company report.

Comprehensive company report
Hi-Fit Elastomers Private Limited - 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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Business activity

The main business activity of Hi-Fit Elastomers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Hi-Fit Elastomers Private Limited, buy the company report.

Financials of Hi-Fit Elastomers Private Limited

FY 2024 filings available

Hi-Fit Elastomers Private Limited reported revenue of ₹26.84 Cr (up 1% YoY) for FY 2024.

Revenue · FY 2024
₹26.84 Cr ▲ 1%
Net profit · FY 2024
₹87.23 Lakh margin 3.3%
EBITDA · FY 2024
₹3.38 Cr margin 12.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 20%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 44%
5 years · compounded
▲ 26%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 1% growth in the latest year. EBITDA rose 18% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹87.23 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin12.6%
Net Profit Margin3.3%
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 Hi-Fit Elastomers Private Limited, buy the company report.

Board of directors of Hi-Fit Elastomers Private Limited

Hi-Fit Elastomers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Somasundarm AbiramiDirector22 May 200719 Years 5 MonthsCurrent
Natarajan KamatchisundaramManaging Director22 May 200719 Years 5 MonthsCurrent
Natarajan Veera ManiDirector22 May 200719 Years 5 MonthsCurrent

Peer comparison

Hi-Fit Elastomers Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Auto Steel and Rubber Industries Private Limited₹27.73 Cr (FY 2025)10.0%Pune, Maharashtra, India
Shri Polysteel Private Limited₹27.17 Cr (FY 2025)82.0%Mumbai, Maharashtra, India
Sapphire Reclaim Rubber Private Limited₹26.9 Cr (FY 2025)14.0%Rajkot, Gujarat, India
Smiley Monroe Rubber & Allied Products (India) Private Limited₹26.9 Cr (FY 2025)-17.0%Hosur, Tamil Nadu, India
Hi-Fit Elastomers Private Limitedthis company₹26.84 Cr (FY 2024)₹87.23 Lakh3.3%1.0%63Madurai, Tamil Nadu, India
Feryez Polymer Pvt Ltd₹26.82 Cr (FY 2025)-1.0%Pune, Maharashtra, India
Shree Rubber Products Pvt. Ltd₹26.48 Cr (FY 2025)7.0%Mumbai, Maharashtra, India
Elite India Rubber Products Pvt Ltd₹26.48 Cr (FY 2024)-2.0%Kolkata, West Bengal, India
Arul Polymers Private Limited₹26.13 Cr (FY 2024)-4.0%Krishnagiri, Tamil Nadu, India
Unity Ecogreen Private Limited₹26.01 Cr (FY 2024)38.0%Hadvad, Gujarat, India

To see the full peer comparison of Hi-Fit Elastomers Private Limited, buy the company report.

Auditor

Hi-Fit Elastomers Private Limited is audited by JEYASEELAN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JEYASEELAN & ASSOCIATESFY 2023011800S

Shareholding

The shareholding of Hi-Fit Elastomers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hi-Fit Elastomers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30.93 Cr
Satisfied charges
₹5.95 Cr
Breakdown by lending institutions
Others₹20.22 Cr
Axis Bank Limited₹6.50 Cr
Tamilnadu Industrial Investment Corporation Limited₹1.50 Cr
Union Bank of India₹0.95 Cr
The Tamilnadu Industrial Investment Corporation Ltd₹0.71 Cr
Others₹1.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Oct 2025101188476Others₹73.99 LakhOpen
26 Aug 2025101150645Others₹1.06 CrOpen
14 Aug 2025101139691Others₹1.19 CrOpen
28 Jan 2025101071565Others₹27.69 LakhOpen
26 Jul 2024100965419Others₹1.4 CrOpen

To see the full charge records of Hi-Fit Elastomers Private Limited, buy the company report.

Total charge records: 35 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hi-Fit Elastomers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Hi-Fit Elastomers Private Limited has a workforce of 63 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.

Employee count
63
Active EPFO establishments
1
Employee growth
6.78%

GST

Hi-Fit Elastomers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AABCH8694P1ZUTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Hi-Fit Elastomers Private Limited, buy the company report.

Recent activity

Hi-Fit Elastomers Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Natarajan Veera Mani ceased to be Director on 04 Feb 2019.

Charges
A charge with Others amounted to Rs. 73.99 Lakh with Charge ID 101188476 was registered on 28 Oct 2025.
Charges
A charge with Others amounted to Rs. 105.94 Lakh with Charge ID 101150645 was registered on 26 Aug 2025.
Charges
A charge with Others amounted to Rs. 118.62 Lakh with Charge ID 101139691 was registered on 14 Aug 2025.
Charges
A charge with Others amounted to Rs. 27.69 Lakh with Charge ID 101071565 was registered on 28 Jan 2025.
AGM
Hi-Fit Elastomers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 100965419 was registered on 26 Jul 2024.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 100933947 was registered on 07 Jun 2024.
Charges
A charge registered on 08 Dec 2023 via Charge ID 100833026 with Others was fully satisfied on 27 May 2024.
Filing
Hi-Fit Elastomers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Axis Bank Limited amounted to Rs. 650.00 Lakh with Charge ID 100931411 was registered on 30 Mar 2024.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 100833026 was registered on 08 Dec 2023.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 28 Jan 2022 with Charge ID 100565472 was modified on 06 Nov 2023.

42 earlier events are in the company report.

Frequently asked questions

Hi-Fit Elastomers is an active private limited company based in Madurai, Tamil Nadu, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 22 May 2007 (19+ years old) and is registered under CIN U25190TN2007PTC063606.

Hi-Fit Elastomers has 3 current directors:

The latest financial statements of Hi-Fit Elastomers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Hi-Fit Elastomers is 33AABCH8694P1ZU, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Hi-Fit Elastomers is U25190TN2007PTC063606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hi-Fit Elastomers was incorporated on 22 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Hi-Fit Elastomers by revenue are Auto Steel and Rubber Industries Private Limited, Shri Polysteel Private Limited, Sapphire Reclaim Rubber Private Limited, Smiley Monroe Rubber & Allied Products (India) Private Limited, Feryez Polymer Pvt Ltd and 4 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Natarajan Veera Mani ceased to be Director on 04 Feb 2019. Natarajan Kamatchisundaram ceased to be Director on 20 Dec 2017. Jaganathan Menaka ceased to be Director on 03 Dec 2016. Hi-Fit Elastomers has 7 board changes on record in total.

Yes, Hi-Fit Elastomers is registered as a small enterprise under Udyam registration (number: UDYAM-TN-12-0006339).

The registered office of Hi-Fit Elastomers is at 3371 Susee Colony Sikkandar Chavadi, Madurai, Tamil Nadu, India – 625018.

Hi-Fit Elastomers operates in the manufacturing industry, in the rubber-based products segment.