Hi-Libas Private Limited

Hi-Libas Private Limited - home & lifestyle in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U18109GJ1992PTC017304 Incorporated 13 March 1992 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company home and lifestyle MSME · Small
Data last updated
Revenue · FY 2025
₹31.22 Cr
▼ 15% YoY
Net profit · FY 2025
₹57.08 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹4.02 Cr
EBITDA margin 12.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.64 Cr
Issued & subscribed
Open charges
₹216.04 Cr
Satisfied ₹102.32 Cr
Company age
34 yrs
Est. 1992
Directors on board
2
As per MCA filings

About Hi-Libas Private Limited

Data last updated:

Hi-Libas Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 13 March 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18109GJ1992PTC017304. Its GSTIN is 24AAACH5961J1ZI (Gujarat).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.64 Cr. It is led by directors Denishkumar Vrujlal Gondalia and Vrujlal Shamjibhai Gondalia.

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 Surat, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹31.22 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹57.08 Lakh (net margin 1.8%) and EBITDA of ₹4.02 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 51% over five years.

As per MCA filings, the company has open charges of ₹216.04 Cr and satisfied charges of ₹102.32 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.

Hi-Libas Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0002104). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U18109GJ1992PTC017304
Registration Number 017304
Incorporation Date 13 March 1992
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0002104
Key People
Denishkumar Vrujlal Gondalia Director Vrujlal Shamjibhai Gondalia Director

Recognitions & Rankings of Hi-Libas

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0002104

Contact details

Hi-Libas Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Office No. 701 – 702 7th Floor, Meridian Tower Udhna Darwaja, Surat, Gujarat, India – 395002
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

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

Comprehensive company report
Hi-Libas 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-Libas is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

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

Financials of Hi-Libas Private Limited

FY 2025 filings available

Hi-Libas Private Limited reported revenue of ₹31.22 Cr (down 15% YoY) for FY 2025.

Revenue · FY 2025
₹31.22 Cr ▼ 15%
Net profit · FY 2025
₹57.08 Lakh margin 1.8%
EBITDA · FY 2025
₹4.02 Cr margin 12.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 56%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 36%
5 years · compounded
▲ 29%

Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA rose 14% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.02 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹57.08 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.9%
Net Profit Margin1.8%
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-Libas Private Limited, buy the company report.

Board of directors of Hi-Libas Private Limited

Hi-Libas has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Denishkumar Vrujlal GondaliaDirector04 Apr 20233 Years 6 MonthsCurrent
Vrujlal Shamjibhai GondaliaDirector31 Jul 199432 Years 3 MonthsCurrent
View all directors

Auditor

Hi-Libas Private Limited is audited by D J GANDHI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D J GANDHI & ASSOCIATESFY 20230147653W

Shareholding

The shareholding of Hi-Libas 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-Libas Private Limited, buy the company report.

Charges & borrowings

Open charges
₹216.04 Cr
Satisfied charges
₹102.32 Cr
Breakdown by lending institutions
Others₹195.84 Cr
Axis Bank Limited₹19.90 Cr
Hdfc Bank Limited₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jul 2023100761780Others₹7.5 CrOpen
05 Jul 2023100744869Others₹3.75 CrOpen
21 Mar 2023100691227Axis Bank Limited₹9.95 CrOpen
01 Mar 2023100683849Axis Bank Limited₹9.95 CrOpen
23 Feb 2023100710737Hdfc Bank Limited₹14.94 LakhOpen

To see the full charge records of Hi-Libas 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-Libas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Hi-Libas has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Hi-Libas has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACH5961J1ZIGujaratActive01 Jul 2017

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

Recent activity

Hi-Libas Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Kuntesh Jawahar Gondalia ceased to be Director on 05 Apr 2023.

AGM
Hi-Libas Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 25 Jul 2018 via Charge ID 100195573 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 12 Apr 2017 via Charge ID 100095911 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 16 Mar 2016 via Charge ID 100023522 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge registered on 24 Aug 2006 via Charge ID 10015402 with Others was fully satisfied on 25 Jun 2025.
Filing
Hi-Libas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 10 Apr 2017 via Charge ID 100091648 with Others was fully satisfied on 24 Mar 2025.
Charges
A charge with Others of Rs. 7.50 Cr registered on 24 Jul 2023 with Charge ID 100761780 was modified on 01 Jan 2025.
Charges
A charge registered on 29 Sep 2020 via Charge ID 100374685 with Sidbi was fully satisfied on 06 Dec 2024.
Charges
A charge registered on 09 Apr 2024 via Charge ID 100909661 with Others was fully satisfied on 06 Aug 2024.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100909661 was registered on 09 Apr 2024.
Charges
A charge registered on 12 Sep 2023 via Charge ID 100789552 with Others was fully satisfied on 06 Jan 2024.

55 earlier events are in the company report.

Frequently asked questions

Hi-Libas is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 13 March 1992 (34+ years old) and is registered under CIN U18109GJ1992PTC017304.

Hi-Libas has 2 current directors:

The latest financial statements of Hi-Libas 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 2015 are in the company report.

The GSTIN of Hi-Libas is 24AAACH5961J1ZI, registered in Gujarat.

The CIN (Corporate Identification Number) of Hi-Libas is U18109GJ1992PTC017304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hi-Libas has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.

Hi-Libas was incorporated on 13 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Kuntesh Jawahar Gondalia ceased to be Director on 05 Apr 2023. Denishkumar Vrujlal Gondalia was appointed as Director on 04 Apr 2023. Manojbhai Shamjibhai Gondalia ceased to be Director on 12 Mar 2009. Hi-Libas has 4 board changes on record in total.

Yes, Hi-Libas is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0002104).

The registered office of Hi-Libas is at Office No. 701 – 702 7th Floor, Meridian Tower Udhna Darwaja, Surat, Gujarat, India – 395002.