Hikal Limited - Company Profile

It is a chemicals and materials enterprise based in Mumbai, Maharashtra, India, established in 1988.
1988 Mumbai, Maharashtra, India Active
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About Hikal Limited

Hikal Limited, Engaging in specialty chemicals within the manufacturing sector, it holds CIN: L24200MH1988PTC048028. Registered under ROC Roc Mumbai. it is listed on BSE: 524735 and NSE: HIKAL. It has an authorized capital of ₹75.00 Cr and a paid-up capital of ₹24.66 Cr.

Formerly known as Hikal Chemical Indusries Limited, Hikal Chemical Indusries Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹2,028.44 Cr and a net worth of ₹1,133.49 Cr. Employing 2,192 professional, Its leadership includes Sugandha Jaidev Hiremath (Director), Amit Babasaheb Kalyani (Director), Sarangan Suresh (Whole-Time Director). Past directors included Shivakumar Kheny, Sham Vinayak Wahalekar, Babasaheb Neelkanth Kalyani. It holds ₹1,554.06 Cr open charges and ₹1,606.36 Cr settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at 717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra, 400021.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    L24200MH1988PTC048028

  • Registration Number

    048028

  • Incorporation Date

    08 July 1988

  • Authorized Capital

    ₹75.00 Cr

  • Paid-Up Capital

    ₹24.66 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 524735, NSE: HIKAL)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 24.66 Cr
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,554.06 Cr
  • Satisfied Charges ₹ 1,606.36 Cr
  • Revenue Growth **** 4.15%
  • Profit Growth **** -51.17%
  • Ebitda **** -24.52%
  • Net Worth 6.13%
  • Total Assets **** 7.79%
Company report

Hikal Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hikal Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hikal Limited?
Current Directors
Name Designation Appointment Date Status
Sugandha Jaidev Hiremath Director 05 Feb 1992 Current
Amit Babasaheb Kalyani Director 09 Feb 2012 Current
Sarangan Suresh Whole-Time Director 01 Apr 2024 Current
Jai Vishwanath Hiremath Whole-Time Director 01 Jul 2008 Current
Shivani Bhasin Director 01 Aug 2019 Current
Shrikrishna Kiran Adivarekar Director 22 Dec 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Feb 2021 Past
Pramod Abcsdd Company Secretary 01 Apr 2014 Past
Pramod Abcsdd Director 29 Dec 2023 Past
Pramod Abcsdd Alternate Director 10 Nov 2011 Past
Pramod Abcsdd Director 22 Dec 2021 Past
Pramod Abcsdd Additional Director 23 May 2024 Past

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Financial Performance of Hikal.

Hikal Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.15% increase. The company also saw a substantial fall in profitability, with a 51.17% decrease in profit. The company's net worth moved up by a moderate rise of 6.13%.

Hikal revenue growth over time
Hikal profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 4.15%
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*******
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Revenue from Operations
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 4.13%
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*******
*******
Total Assets
*******
 7.79%
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*******
*******
*******
Profit or Loss
*******
 -51.17%
*******
*******
*******
*******
Net Worth
*******
 6.13%
*******
*******
*******
*******
EBITDA
*******
 -24.52%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hikal?

In 2023, Hikal had a promoter holding of 68.85% and a public holding of 31.14%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹15,540,560,000.00

Satisfied Charges

₹16,063,560,000.00

Charges Breakdown by Lending Institutions
  • Others : 925.00 Cr
  • Axis Bank Limited : 385.00 Cr
  • Hdfc Bank Limited : 75.00 Cr
  • Uti Bank Ltd : 60.00 Cr
  • Uti Bank Ltd. : 30.00 Cr
  • Others : 79.06 Cr
Latest Charge Details
Date Lender Amount Status
12 Feb 2025 Others ₹50.00 Cr Open
01 Aug 2023 Others ₹375.00 Cr Open
08 Nov 2022 Others ₹100.00 Cr Open
21 Jul 2020 Others ₹250.00 Cr Open
13 Dec 2019 Others ₹75.00 Cr Open

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How Many Employees Work at Hikal?

Hikal has a workforce of 2192 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hikal, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hikal's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hikal
Recent Activity within the Organization
  • Annual General Meeting

    The activity Hikal Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Hikal Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101056549 was registered on 12 Feb 2025. was recorded as a recent event.

  • Director Appointment

    Sarangan Suresh was appointed as a Whole-time director was appointed as a Whole-time director on 01 Apr 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Director Appointment

    Ranjana Shivanand Salgaocar was appointed as a Director was appointed as a Director on 23 Mar 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 03 Jun 2016 via Charge ID 100032761 with Others was fully satisfied on 24 Jan 2024. was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Hikal Limited?

The CIN of Hikal Limited is L24200MH1988PTC048028.

Where is Hikal Limited headquartered?

Hikal Limited is headquartered at 717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra, 400021.

When was Hikal Limited incorporated?

Hikal Limited was incorporated on 08 July 1988.

Who are the current directors of Hikal Limited?

The current directors of Hikal Limited are

What is the primary industry of Hikal Limited?

The primary industry of Hikal Limited is Manufacturing.

Is Hikal Limited a listed company?

Hikal Limited is listed. It is listed on BSE: 524735 and NSE: HIKAL.

What is the capital structure of Hikal Limited?

The authorized capital of Hikal Limited is ₹75.00 Cr, and the paid-up capital is ₹24.66 Cr.

What is the compliance status of Hikal Limited?

The compliance status of Hikal Limited is Compliant.

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