Hipex Ester Private Limited
About Hipex Ester Private Limited
Data last updated:
Hipex Ester Private Limited is a private limited company based in Badlapur, Maharashtra, India. It operates in the chemical products segment of the chemicals sector. It was incorporated on 06 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2006PTC158687.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hiren Joshi and Joshi Shitalben Hirenbhai.
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 A – 205 Manorama Nagar Shiv Sundar Society Kulgaon, Badlapur, Maharashtra, India – 421503.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.64 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹39.29 Lakh (net margin 10.8%) and EBITDA of ₹57.65 Lakh (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has open charges of ₹27 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 205 Manorama Nagar Shiv Sundar Society Kulgaon, Badlapur, Maharashtra, India – 421503
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
- 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
- One PDF report, delivered after checkout
Business Activity of Hipex Ester Private Limited
The main business activity of Hipex Ester is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hipex Ester Private Limited FY 2025 filings available
Hipex Ester Private Limited reported revenue of ₹3.64 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hipex Ester Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 40% growth in the latest year. EBITDA rose 31% 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 Hipex Ester Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹57.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.29 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hipex Ester Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Hipex Ester are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Hipex Ester Private Limited
Hipex Ester has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Joshi | Director | 06 Jan 2006 | 20 Years 9 Months | Current |
| Joshi Shitalben Hirenbhai | Director | 01 Apr 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Hipex Ester Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hipex Ester Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2024 | Others | ₹27 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Hipex Ester Private Limited
Employment history and EPFO contributions of people linked to Hipex Ester.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hipex Ester Private Limited
Hipex Ester Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Gunvantrai Joshi ceased to be Director on 09 Jul 2022.
Credit Ratings, Litigation & Regulatory Alerts for Hipex Ester Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hipex Ester Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hipex Ester Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hipex Ester Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hipex Ester Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hipex Ester Private Limited
Hipex Ester is an active private limited company based in Badlapur, Maharashtra, India. The company works in chemical products, within the chemicals industry. It was incorporated on 06 January 2006 (20+ years old) and is registered under CIN U24100MH2006PTC158687.
Hipex Ester reported revenue of ₹3.64 Cr for FY 2025 (up 40% YoY).
Hipex Ester has 2 current directors:
- Hiren Joshi - Director
- Joshi Shitalben Hirenbhai - Director
Hipex Ester reported a net profit of ₹39.29 Lakh (net margin 10.8%) and EBITDA of ₹57.65 Lakh (EBITDA margin 15.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hipex Ester is 18% over three years. In the latest year (FY 2025) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hipex Ester is U24100MH2006PTC158687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hipex Ester was incorporated on 06 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Gunvantrai Joshi ceased to be Director on 09 Jul 2022. Rama Joshi ceased to be Director on 09 Jul 2022. Joshi Shitalben Hirenbhai was appointed as Director on 01 Apr 2012. Hipex Ester has 4 board changes on record in total.
The registered office of Hipex Ester is at A – 205 Manorama Nagar Shiv Sundar Society Kulgaon, Badlapur, Maharashtra, India – 421503.
Hipex Ester has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh.