High Innotronics Private Limited
About High Innotronics Private Limited
Data last updated:
High Innotronics Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 23 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2016PTC281448. Its GSTIN is 27AADCH8745H1ZA (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Viral Desai and Vaibhav Haresh Chitaliya.
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 C – 1/20 MIDC Tarapur Industrial Boisar, Palghar, Maharashtra, India – 401506.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.13 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net profit of ₹21.72 Lakh (net margin 4.2%) and EBITDA of ₹29.47 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years and 91% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
High Innotronics Private Limited's registered office is in Palghar, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 1/20 MIDC Tarapur Industrial Boisar, Palghar, Maharashtra, India – 401506
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of High Innotronics Private Limited, buy the company report.
- 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 High Innotronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of High Innotronics Private Limited, buy the company report.
Financials of High Innotronics Private Limited
FY 2025 filings availableHigh Innotronics Private Limited reported revenue of ₹5.13 Cr (up 130% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 91% over five years, including 130% growth in the latest year. EBITDA rose 140% 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 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 | ₹29.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.72 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 High Innotronics Private Limited, buy the company report.
Board of directors of High Innotronics Private Limited
High Innotronics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Desai Also directs: Tarapur Servo-Tech Private Limited | Director | 23 May 2016 | 10 Years 5 Months | Current |
| Vaibhav Haresh Chitaliya Also directs: Tarapur Servo-Tech Private Limited | Director | 23 May 2016 | 10 Years 5 Months | Current |
| Miten Rajesh Shah | Director | 23 May 2016 | 10 Years 5 Months | Current |
Auditor
High Innotronics Private Limited is audited by ATUL H M V & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATUL H M V & ASSOCIATES LLP | FY 2021 | 124043W |
Shareholding
The shareholding of High Innotronics Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of High Innotronics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving High Innotronics Private 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 High Innotronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
High Innotronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH8745H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of High Innotronics Private Limited, buy the company report.
Recent activity
High Innotronics Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Miten Rajesh Shah was appointed as Director on 23 May 2016.
Frequently asked questions
High Innotronics is an active private limited company based in Palghar, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 23 May 2016 (10+ years old) and is registered under CIN U29100MH2016PTC281448.
High Innotronics has 3 current directors:
- Viral Desai - Director
- Vaibhav Haresh Chitaliya - Director
- Miten Rajesh Shah - Director
The latest financial statements of High Innotronics 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 FY 2017 are in the company report.
The GSTIN of High Innotronics is 27AADCH8745H1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of High Innotronics is U29100MH2016PTC281448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
High Innotronics was incorporated on 23 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Miten Rajesh Shah was appointed as Director on 23 May 2016. Vaibhav Haresh Chitaliya was appointed as Director on 23 May 2016. Viral Desai was appointed as Director on 23 May 2016.
The registered office of High Innotronics is at C – 120 MIDC Tarapur Industrial Boisar, Palghar, Maharashtra, India – 401506.
High Innotronics operates in the information technology industry, in the electronic components and equipment manufacturing segment.
The compliance status of High Innotronics is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
