- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-30-0002928

Hindwali Industries Limited
About Hindwali Industries Limited
Data last updated:
Hindwali Industries Limited is a public limited company based in Karad, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 22 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24100PN2011PLC140846. Its GSTIN is 27AACCH7839K1Z3 (Maharashtra).
The company has an authorised share capital of ₹19 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Hindwali Polychem Private Limited and Hindwali Polychem Limited. It is led by directors including Amjad Ayyaj Mulla (Managing Director) and Vajid Ayyaz Mulla.
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 2 / A Kusum Empires Near Rotary School Malkapur, Karad, Maharashtra, India – 415110.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.02 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹3.18 Lakh (net margin 3.1%) and EBITDA of ₹44.88 Lakh (EBITDA margin 44.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 82% over five years.
As per MCA filings, the company has open charges of ₹15 Cr on record.
Hindwali Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-30-0002928). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Hindwali Industries has undergone 2 name changes throughout its history. The company was previously known as Hindwali Polychem Private Limited, and Hindwali Polychem Limited. The current legal name is Hindwali Industries Limited.
| Company Name | Status |
|---|---|
| Hindwali Industries Limited | Current |
| Hindwali Polychem Private Limited | Previous |
| Hindwali Polychem Limited | Previous |
CIN history
Hindwali Industries has one previous CIN (Corporate Identification Number): U24100PN2011PTC140846. The current CIN is U24100PN2011PLC140846, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100PN2011PLC140846 | Current |
| U24100PN2011PTC140846 | Previous |
Recognitions & Rankings of Hindwali Industries
Contact details
Hindwali Industries Limited's registered office is in Karad, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2 / A Kusum Empires Near Rotary School Malkapur, Karad, Maharashtra, India – 415110
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Hindwali Industries 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
Financials of Hindwali Industries Limited
FY 2025 filings availableHindwali Industries Limited reported revenue of ₹1.02 Cr (down 48% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 82%. EBITDA rose 309% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.02 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹44.88 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.18 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 44.1% | ||
| Net Profit Margin | 3.1% | ||
| 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 Hindwali Industries Limited, buy the company report.
Board of directors of Hindwali Industries Limited
Hindwali Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amjad Ayyaj Mulla | Managing Director | 22 Sep 2011 | 15 Years 1 Months | Current |
| Vajid Ayyaz Mulla | Director | 22 Sep 2011 | 15 Years 1 Months | Current |
| Ayaz Chand Mulla | Director | 22 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Hindwali Industries Limited is audited by SAVYANAVAR AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAVYANAVAR AND ASSOCIATES | FY 2017 | 130626W |
Shareholding
The shareholding of Hindwali Industries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hindwali Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2015 | 10572661 | Others | ₹12 Cr | Open | |
| 19 Mar 2015 | 10560458 | The Karad Urban Co-Operative Bank Ltd. | ₹3 Cr | Open |
To see the full charge records of Hindwali Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hindwali Industries 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 Hindwali Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hindwali Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH7839K1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hindwali Industries Limited, buy the company report.
Recent activity
Hindwali Industries Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Aimansha Vajid Mulla ceased to be Additional Director on 19 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Hindwali Industries is an active public limited company based in Karad, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 22 September 2011 (15+ years old) and is registered under CIN U24100PN2011PLC140846.
Hindwali Industries has 3 current directors:
- Amjad Ayyaj Mulla - Managing Director
- Vajid Ayyaz Mulla - Director
- Ayaz Chand Mulla - Director
The latest financial statements of Hindwali Industries 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 Hindwali Industries is 27AACCH7839K1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hindwali Industries is U24100PN2011PLC140846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindwali Industries was incorporated on 22 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Aimansha Vajid Mulla ceased to be Additional Director on 19 Sep 2016. Farida Ayyaz Mulla ceased to be Director on 19 Sep 2016. Shahin Amjad Mulla ceased to be Director on 19 Sep 2016. Hindwali Industries has 6 board changes on record in total.
Yes, Hindwali Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-30-0002928).
The registered office of Hindwali Industries is at 2 A Kusum Empires Near Rotary School Malkapur, Karad, Maharashtra, India – 415110.
Hindwali Industries operates in the chemicals and materials industry, in the industrial chemicals segment.

