Hipcon Valves Private Limited

Hipcon Valves Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29113TN2007PTC062523 Incorporated 27 February 2007 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2021
₹1.02 Cr
▼ 30% YoY
Net profit · FY 2021
₹9.83 Lakh
Net margin 9.6%
EBITDA · FY 2021
₹20.81 Lakh
EBITDA margin 20.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹1.25 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
4
As per MCA filings

About Hipcon Valves Private Limited

Data last updated:

Hipcon Valves Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 27 February 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29113TN2007PTC062523. Its GSTIN is 33AABCH9889G1Z6 (Tamil Nadu).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sathikumar Raghavan (Managing Director) and Chacko.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No: 20 – 23 New Street Cholambedu Road Sathyamurthy Nagar Post, Chennai, Tamil Nadu, India – 600062.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.02 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹9.83 Lakh (net margin 9.6%) and EBITDA of ₹20.81 Lakh (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.

As per MCA filings, the company has open charges of ₹1.25 Cr on record.

Hipcon Valves Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0002127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hipconvalves.com.

Company Details of Hipcon Valves Private Limited
CIN U29113TN2007PTC062523
Registration Number 062523
Incorporation Date 27 February 2007
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-24-0002127
Key People
Sathikumar Raghavan Managing Director Chacko Director Sathikumar Geetha Additional Director

Recognitions & Rankings of Hipcon Valves

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TN-24-0002127
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    hipconvalves.com
  • Social Media
  • Registered Address
    Plot No: 20 – 23 New Street Cholambedu Road Sathyamurthy Nagar Post, Chennai, Tamil Nadu, India – 600062
  • Industry
    Machinery and Equipment, Industrial Control Valves & Systems
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Financials, compliance, directors, charges, ownership and filings for Hipcon Valves Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Hipcon Valves Private Limited

The main business activity of Hipcon Valves is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Hipcon Valves Private Limited FY 2021 filings available

Hipcon Valves Private Limited reported revenue of ₹1.02 Cr (down 30% YoY) for FY 2021.

Revenue · FY 2021
₹1.02 Cr ▼ 30%
Net profit · FY 2021
₹9.83 Lakh margin 9.6%
EBITDA · FY 2021
₹20.81 Lakh margin 20.4%

Compounded Annual Growth Rate (CAGR) of Hipcon Valves Private Limited

Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 4%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 154%
3 years · compounded
▲ 19%
5 years · compounded
▲ 24%

Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 154% 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 of Hipcon Valves Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹20.81 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹9.83 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 of Hipcon Valves Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin20.4%••••••••••••••••
Net Profit Margin9.6%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hipcon Valves are in the company report.

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Financial statements from 2015

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Board of Directors of Hipcon Valves Private Limited

Hipcon Valves has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
ChackoDirector27 Feb 200719 Years 7 MonthsCurrent
Sathikumar RaghavanManaging Director31 May 201610 Years 4 MonthsCurrent
Sathikumar GeethaAdditional Director20 Apr 20233 Years 6 MonthsCurrent
Vijayakumar SandhyaAdditional Director06 Mar 20233 Years 7 MonthsCurrent
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Peer Comparison of Hipcon Valves Private Limited

Hipcon Valves Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Control Valves). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Abraham Sourcing (India) Private Limited₹1.09 Cr (FY 2024)••••••••••••Coimbatore, Tamil Nadu, India
Stream Engineers India Private Limited₹1.07 Cr (FY 2024)••••••••113.0%••••Thane, Maharashtra, India
Shree Balaji Valves Pvt Ltd₹1.07 Cr (FY 2025)••••••••-51.0%••••Kolkata, West Bengal, India
Sant Industrial Controls Private Limited₹1.05 Cr (FY 2024)••••••••-31.0%••••New Delhi, Delhi, India
Barmecha Plast Private Limited₹1.02 Cr (FY 2024)••••••••-68.0%••••Kolkata, West Bengal, India
Hipcon Valves Private Limited this company₹1.02 Cr (FY 2021)••••••••-30.0%••••Chennai, Tamil Nadu, India
Thatte Associates Private Limited₹1.02 Cr (FY 2025)••••••••-17.0%••••Sangli, Maharashtra, India
Gurumauli Aqua Motor Pumps Private Limited₹1.01 Cr (FY 2024)••••••••26.0%••••Pune, Maharashtra, India
Sunflow Pumps Private Limited₹99.6 Lakh (FY 2025)••••••••••••Ahmedabad, Gujarat, India
Spancrete (India) Private Limited₹99.54 Lakh (FY 2019)••••••••-50.0%••••Mumbai, Maharashtra, India
Refcon Marketing Private Limited₹99.12 Lakh (FY 2025)••••••••-12.0%••••Sriperumbudur, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Hipcon Valves by revenue in the Machinery and Equipment industry (Control Valves), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Hipcon Valves Private Limited

Auditor information for Hipcon Valves Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.

Ownership and Shareholding of Hipcon Valves Private Limited

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Charges & Borrowings of Hipcon Valves Private Limited

Open charges
₹1.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of Baroda₹1.15 Cr
Others₹0.10 Cr
Latest charge details
DateLenderAmountStatus
19 Oct 2019Others₹10.4 LakhOpen
26 Mar 2008Bank of Baroda₹1.15 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Hipcon Valves Private Limited

Employment history and EPFO contributions of people linked to Hipcon Valves.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Hipcon Valves Private Limited

Hipcon Valves Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Sathikumar Geetha was appointed as Additional Director on 20 Apr 2023.

Appointed
Sathikumar Geetha was appointed as Additional Director.
Appointed
Vijayakumar Sandhya was appointed as Additional Director.
AGM
Hipcon Valves Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Hipcon Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100309550 was registered on 19 Oct 2019.
Ceased
Sathi Kumar Raghavan ceased to be Managing Director.
Appointed
Sathikumar Raghavan was appointed as Managing Director.
Ceased
Krishnan Muthumani ceased to be Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 1.15 Cr with Charge ID 10160629 was registered on 26 Mar 2008.
Appointed
Chacko was appointed as Director.
Incorporation
27 Feb 2007
Hipcon Valves Private Limited was registered on 27 Feb 2007 with Roc Chennai & aged 19 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Hipcon Valves Private Limited

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MSME Payment Delays by Hipcon Valves Private Limited

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Subsidiaries & Group Companies of Hipcon Valves Private Limited

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GST Compliance of Hipcon Valves Private Limited

Hipcon Valves has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AABCH9889G1Z6Tamil NaduActive01 Jul 2017
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MCA Filings & Documents of Hipcon Valves Private Limited

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Frequently Asked Questions about Hipcon Valves Private Limited

Hipcon Valves is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 27 February 2007 (19+ years old) and is registered under CIN U29113TN2007PTC062523.

Hipcon Valves reported revenue of ₹1.02 Cr for FY 2021 (down 30% YoY).

Hipcon Valves has 4 current directors:

Hipcon Valves reported a net profit of ₹9.83 Lakh (net margin 9.6%) and EBITDA of ₹20.81 Lakh (EBITDA margin 20.4%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Hipcon Valves is 4% over three years and 5% over five years. In the latest year (FY 2021) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Hipcon Valves is 33AABCH9889G1Z6, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Hipcon Valves is U29113TN2007PTC062523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hipcon Valves was incorporated on 27 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Hipcon Valves by revenue are Abraham Sourcing (India) Private Limited, Stream Engineers India Private Limited, Shree Balaji Valves Pvt Ltd, Sant Industrial Controls Private Limited, Barmecha Plast Private Limited and 5 more, all in the Machinery and Equipment industry (Control Valves).

Sathikumar Geetha was appointed as Additional Director on 20 Apr 2023. Vijayakumar Sandhya was appointed as Additional Director on 06 Mar 2023. Sathi Kumar Raghavan ceased to be Managing Director on 05 Jun 2016. Hipcon Valves has 6 board changes on record in total.

Yes, Hipcon Valves is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-24-0002127).

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