Hi-Lite Paints Private Limited

Hi-Lite Paints Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24220GJ2004PTC044999 Incorporated 08 November 2004 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹5.24 Cr
▼ 24% YoY
Net profit · FY 2025
₹14.97 Lakh
Net margin 2.9%
EBITDA · FY 2025
₹36.98 Lakh
EBITDA margin 7.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.36 Cr
Satisfied ₹2.05 Cr
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings

About Hi-Lite Paints Private Limited

Data last updated:

Hi-Lite Paints Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 08 November 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24220GJ2004PTC044999. Its GSTIN is 24AABCH4856R1Z1 (Gujarat).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Ashaben Kalpeshkumar Patel and Kalpesh Rameshbhai Patel.

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 2 Tejendra Flats B/Hswaminarayan Temple Nr Maruti Hall Rambaug, Ahmedabad, Gujarat, India – 380028.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.24 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹14.97 Lakh (net margin 2.9%) and EBITDA of ₹36.98 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years and 9% over five years.

As per MCA filings, the company has open charges of ₹1.36 Cr and satisfied charges of ₹2.05 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.

Hi-Lite Paints Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-12-0003596). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hilitepaints.in.

Company details

CIN U24220GJ2004PTC044999
Registration Number 044999
Incorporation Date 08 November 2004
ROC Ahmedabad
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-GJ-12-0003596
Key People
Ashaben Kalpeshkumar Patel Director Kalpesh Rameshbhai Patel Director

Recognitions & Rankings of Hi-Lite Paints

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-12-0003596

Contact details

Hi-Lite Paints Private Limited's registered office is in Ahmedabad, Gujarat. Its website is hilitepaints.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hilitepaints.in
  • Registered Address
    2 Tejendra Flats B/Hswaminarayan Temple Nr Maruti Hall Rambaug, Ahmedabad, Gujarat, India – 380028
  • Industry
    Manufacturing, Paint & Coatings

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

Comprehensive company report
Hi-Lite Paints 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-Lite Paints is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

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

Financials of Hi-Lite Paints Private Limited

FY 2024 filings available

Hi-Lite Paints Private Limited reported revenue of ₹5.24 Cr (down 24% YoY) for FY 2025.

Revenue · FY 2025
₹5.24 Cr ▼ 24%
Net profit · FY 2025
₹14.97 Lakh margin 2.9%
EBITDA · FY 2025
₹36.98 Lakh margin 7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 127%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 28%
5 years · compounded
▲ 13%

Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 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

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₹36.98 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.97 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 Margin7.1%
Net Profit Margin2.9%
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-Lite Paints Private Limited, buy the company report.

Board of directors of Hi-Lite Paints Private Limited

Hi-Lite Paints has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashaben Kalpeshkumar PatelDirector08 Nov 200421 Years 11 MonthsCurrent
Kalpesh Rameshbhai PatelDirector08 Nov 200421 Years 11 MonthsCurrent
View all directors

Auditor

Hi-Lite Paints Private Limited is audited by S K Jha & Company for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S K Jha & CompanyFY 2023126173W

Shareholding

The shareholding of Hi-Lite Paints 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 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹1.36 Cr
Satisfied charges
₹2.05 Cr
Breakdown by lending institutions
Yes Bank Limited₹1.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Feb 2022100545986Yes Bank Limited₹1.36 CrOpen
26 Apr 2018100177269Others₹99.47 LakhSatisfied
08 May 201410489088Bank of Baroda₹1.06 CrSatisfied

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

Total charge records: 3 View all charges

MSME payment delays

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

GST

Hi-Lite Paints has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCH4856R1Z1GujaratActive01 Jul 2017

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

Recent activity

Hi-Lite Paints Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Nayanbhai Rajnikant Shah ceased to be Director on 16 Aug 2010.

AGM
Hi-Lite Paints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hi-Lite Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Yes Bank Limited of Rs. 136.00 Lakh registered on 24 Feb 2022 with Charge ID 100545986 was modified on 04 May 2022.
Charges
A charge registered on 26 Apr 2018 via Charge ID 100177269 with Others was fully satisfied on 29 Mar 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 136.00 Lakh with Charge ID 100545986 was registered on 24 Feb 2022.
Charges
A charge with Others of Rs. 99.47 Lakh registered on 26 Apr 2018 with Charge ID 100177269 was modified on 29 Jun 2020.
Charges
A charge registered on 08 May 2014 via Charge ID 10489088 with Bank Of Baroda was fully satisfied on 05 May 2018.
Charges
A charge with Others amounted to Rs. 99.47 Lakh with Charge ID 100177269 was registered on 26 Apr 2018.
Charges
A charge with Bank Of Baroda of Rs. 105.90 Lakh registered on 08 May 2014 with Charge ID 10489088 was modified on 28 Apr 2015.
Charges
A charge with Bank Of Baroda amounted to Rs. 105.90 Lakh with Charge ID 10489088 was registered on 08 May 2014.
Ceased
Nayanbhai Rajnikant Shah ceased to be Director.
Appointed
Ashaben Kalpeshkumar Patel was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Hi-Lite Paints is an active private limited company based in Ahmedabad, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 08 November 2004 (22+ years old) and is registered under CIN U24220GJ2004PTC044999.

Hi-Lite Paints has 2 current directors:

The latest financial statements of Hi-Lite Paints 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-Lite Paints is 24AABCH4856R1Z1, registered in Gujarat.

The CIN (Corporate Identification Number) of Hi-Lite Paints is U24220GJ2004PTC044999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hi-Lite Paints has 4 court cases on record: 4 filed by the company. 2 are pending.

Hi-Lite Paints was incorporated on 08 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Nayanbhai Rajnikant Shah ceased to be Director on 16 Aug 2010. Ashaben Kalpeshkumar Patel was appointed as Director on 08 Nov 2004. Kalpesh Rameshbhai Patel was appointed as Director on 08 Nov 2004.

Yes, Hi-Lite Paints is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-12-0003596).

Hi-Lite Paints can be reached through the website hilitepaints.in. Its registered office is in Ahmedabad, Gujarat, India.