About Hipolin LTD
Data last updated:
Hipolin LTD is a public limited company based in Ahmedabad, Gujarat, India. It specialises in soaps and detergents, a part of the broader FMCG sector. Incorporated on 31 March 1994, the company has been in operation for over 32 years.
Registered with ROC Ahmedabad under CIN L24240GJ1994PLC021719. Listed on BSE: 530853.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.13 Cr. Formerly known as Hipolin Detergents Private Limited. It is led by directors including Umeshchandra Prafulvadan Mehta and Daxesh Bhupendrabhai Shah.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹14.15 Cr, a decline of 34.37% compared to the previous year. The net worth stands at ₹7.39 Cr (down 9.21% YoY). Total assets are valued at ₹7.98 Cr (down 27.52% YoY).
The company has a workforce of approximately 23 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Hipolin. As per MCA filings, the company has satisfied charges of ₹26.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hipolin.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 2/2 Paiki Mouje Behind Safe Express Logistic Changodar, Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryFMCG, Soaps & Detergents
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Hipolin
Hipolin operates one associated brand: Hipolin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hipolin is engaged in manufacturing detergents and cleaning products. | hipolin.com |
Competitors & Alternatives of Hipolin
Brands and companies operating in the same space as Hipolin LTD include Nirma, Born Good, SDPL and 2 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Nirma | Manufactures and markets consumer care products for everyday use. | Ahmedabad, India, India | 1969 |
 Born Good | Detergent products are branded and distributed by Born Good. | Bengaluru, India, India | 2019 |
 SDPL | Produces detergents and dishwash products for household cleaning in Eastern India. | Kolkata, India, India | 1983 |
 Henkel | Consumer goods are produced by Henkel in the global industry. | Dusseldorf, Germany, Germany | 1876 |
 Oriclean | A brand offering high-quality detergents and cleaning products. | Cuttack, India, India | 1990 |
Business Activity of Hipolin
The main business activity of Hipolin 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 for Hipolin LTD
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.
Auditor Details of Hipolin
Hipolin LTD is audited by S D P M & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S D P M & Co. | Locked | Locked | Locked |
Complete auditor history for Hipolin LTD
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hipolin LTD
Hipolin has 7 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umeshchandra Prafulvadan Mehta | Director | 08 Dec 2014 | 11 Years 9 Months | Current |
| Daxesh Bhupendrabhai Shah | Director | 18 Dec 2021 | 4 Years 9 Months | Current |
| Samir Rohitbhai Shah Also directs: Seltron Resource Solutions LLP, Silkon Trades LLP, Changodar Metals Private Limited and 3 more | Director | 18 Dec 2021 | 4 Years 9 Months | Current |
| Shaileshkumar Jayantilal Shah Also directs: Jayantilal Bhogilal Chemicals Private Limited | Director | 31 Jul 2009 | 17 Years 2 Months | Current |
| Nita Bharatbhai Shah | Director | 06 Aug 2014 | 12 Years 1 Months | Current |
| Prafulla Gattani Also directs: Reign Ventures LLP, Shrivallabh Pittie Ventures Private Limited | Managing Director | 11 Sep 2023 | 3 Years 0 Months | Current |
Financials of Hipolin LTD FY 2025-26 filings available
Hipolin LTD reported revenue of ₹14.15 Cr (down 34.37% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 14.15 | 21.56 | 19.73 | 15.56 | 12.22 |
| Revenue growth | -40.1% | +18.7% | +25.0% | +24.4% | +9997.0% |
| EBITDA | (0.75) | (3.30) | (1.21) | (1.19) | (1.24) |
| EBITDA margin | -5.3% | -15.3% | -6.1% | -7.7% | -10.2% |
| Profit before tax | (0.76) | (3.28) | (0.91) | 7.63 | (1.11) |
| Net profit | (0.26) | (3.28) | (0.91) | (0.93) | (1.11) |
| Net profit margin | -1.8% | -15.2% | -4.6% | -6.0% | -9.1% |
| EPS (₹) | (2.46) | (10.47) | (2.83) | 24.36 | (3.56) |
| Balance sheet | |||||
| Total assets | 7.98 | 11.01 | 13.50 | 13.20 | 5.81 |
| Net worth | 7.39 | 8.14 | 11.42 | 12.31 | 4.68 |
| Total debt | 0.58 | 2.87 | 2.08 | 0.76 | 1.10 |
| Cash & bank | 0.11 | 0.29 | 0.16 | 0.36 | 2.82 |
| Net working capital | 0.38 | 2.68 | 2.40 | 2.01 | 0.29 |
| Cash flow | |||||
| Cash from operations | 1.62 | (3.18) | (1.61) | (5.04) | 3.05 |
| Cash from investing | 0.60 | 2.76 | 0.44 | 5.33 | (2.59) |
| Cash from financing | (2.40) | 0.54 | 1.23 | (0.39) | (0.52) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 3.94 | 3.76 | 3.18 | 3.27 | 4.40 | 5.04 | 5.52 |
| Revenue growth (YoY) | +59.0% | -10.5% | -25.4% | -42.4% | -50.5% | -24.8% | -6.0% | +34.6% |
| Other income | 0.05 | 0.05 | 0.11 | 0.05 | 0.05 | 0.12 | 0.06 | 0.11 |
| EBITDA | 0.00 | 0.02 | (0.06) | 0.00 | (0.72) | (2.33) | (0.57) | (0.43) |
| EBITDA margin | 0.0% | +0.5% | -1.6% | 0.0% | -22.0% | -53.0% | -11.3% | -7.8% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.01 | 0.04 | 0.02 | 0.02 | 0.04 | 0.13 | 0.03 | 0.04 |
| Profit before tax | 0.02 | 0.01 | 0.01 | 0.01 | (0.73) | (2.36) | (0.56) | (0.38) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 0.02 | 0.01 | 0.01 | 0.01 | (0.73) | (2.36) | (0.56) | (0.38) |
| EPS (₹) | 0.07 | 0.02 | 0.03 | 0.01 | (2.35) | (7.55) | (1.82) | (1.23) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 14.15 | 21.56 | 19.73 | 15.56 | 12.22 | 11.12 | 13.89 |
| Revenue growth | -40.1% | +18.8% | +25.0% | +25.9% | +13.6% | -16.2% | -18.5% |
| EBITDA | (0.75) | (3.31) | (1.21) | (1.19) | (1.08) | (0.59) | (0.09) |
| EBITDA margin | -5.3% | -15.4% | -6.1% | -7.7% | -8.8% | -5.3% | -0.7% |
| Profit before tax | (0.76) | (3.28) | (0.91) | 7.63 | (0.96) | (0.54) | 0.35 |
| Net profit | (0.26) | (3.28) | (0.91) | (0.93) | (0.96) | (0.53) | (0.18) |
| Net profit margin | -1.8% | -15.2% | -4.6% | -6.0% | -7.9% | -4.8% | -1.3% |
| EPS (₹) | (2.46) | (10.47) | (2.83) | 24.36 | (3.10) | (1.65) | 0.76 |
| Balance sheet | |||||||
| Total assets | 7.98 | 11.01 | 13.50 | 13.21 | 5.81 | 7.22 | 6.22 |
| Net worth | 7.39 | 8.14 | 11.42 | 12.31 | 4.68 | 5.66 | 6.17 |
| Total debt | 0.58 | 2.87 | 2.08 | 0.76 | 1.10 | 1.56 | 0.02 |
| Cash & bank | 0.11 | 0.28 | 0.16 | 0.36 | 2.81 | 2.00 | 1.92 |
| Net working capital | 0.38 | 2.67 | 2.40 | 2.02 | 0.28 | 3.72 | 3.25 |
| Cash flow | |||||||
| Cash from operations | 1.62 | (3.18) | (1.61) | (5.03) | 3.20 | (1.26) | (0.53) |
| Cash from investing | 0.60 | 2.76 | 0.44 | 5.33 | (2.59) | (0.56) | 0.79 |
| Cash from financing | (2.40) | 0.54 | 1.23 | (0.39) | (0.52) | 1.51 | (0.05) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 3.94 | 3.76 | 3.18 | 3.27 | 4.40 | 5.04 | 5.52 |
| Revenue growth (YoY) | +59.0% | -10.5% | -25.4% | -42.4% | -50.5% | -24.8% | -6.0% | +34.6% |
| Other income | 0.05 | 0.05 | 0.11 | 0.05 | 0.05 | 0.12 | 0.06 | 0.11 |
| Total expenses | 5.20 | 3.92 | 3.82 | 3.18 | 3.99 | 6.73 | 5.61 | 5.95 |
| EBITDA | 0.00 | 0.02 | (0.06) | 0.00 | (0.72) | (2.33) | (0.57) | (0.43) |
| EBITDA margin | 0.0% | +0.5% | -1.6% | 0.0% | -22.0% | -53.0% | -11.3% | -7.8% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.01 | 0.04 | 0.02 | 0.02 | 0.04 | 0.13 | 0.03 | 0.04 |
| Profit before tax | 0.02 | 0.01 | 0.01 | 0.01 | (0.73) | (2.36) | (0.56) | (0.38) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 3.94 | 3.76 | 3.18 | 3.27 | 4.40 | 5.04 | 5.52 |
| Revenue growth (YoY) | +59.0% | -10.5% | -25.4% | -42.4% | -50.5% | -24.8% | -6.0% | +34.6% |
| Other income | 0.05 | 0.05 | 0.11 | 0.05 | 0.05 | 0.12 | 0.06 | 0.11 |
| EBITDA | 0.00 | 0.02 | (0.06) | 0.00 | (0.72) | (2.33) | (0.57) | (0.43) |
| EBITDA margin | 0.0% | +0.5% | -1.6% | 0.0% | -22.0% | -53.0% | -11.3% | -7.8% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.01 | 0.04 | 0.02 | 0.02 | 0.04 | 0.13 | 0.03 | 0.04 |
| Profit before tax | 0.02 | 0.01 | 0.01 | 0.01 | (0.73) | (2.36) | (0.56) | (0.38) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 0.02 | 0.01 | 0.01 | 0.01 | (0.73) | (2.36) | (0.56) | (0.38) |
| EPS (₹) | 0.07 | 0.02 | 0.03 | 0.01 | (2.35) | (7.55) | (1.82) | (1.23) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 14.15 | 21.56 | 19.73 | 15.56 | 12.22 |
| Revenue growth | -40.1% | +18.7% | +25.0% | +24.4% | +9997.0% |
| Other income | 0.19 | 0.37 | 0.48 | 8.95 | 0.25 |
| Total expenses | 14.90 | 24.86 | 20.94 | 16.75 | 13.46 |
| Employee cost | 0.00 | 2.12 | 1.72 | 1.47 | 1.62 |
| EBITDA | (0.75) | (3.30) | (1.21) | (1.19) | (1.24) |
| EBITDA margin | -5.3% | -15.3% | -6.1% | -7.7% | -10.2% |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.08 | 0.06 |
| Interest | 0.11 | 0.26 | 0.09 | 0.05 | 0.06 |
| Profit before tax | (0.76) | (3.28) | (0.91) | 7.63 | (1.11) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (0.26) | (3.28) | (0.91) | (0.93) | (1.11) |
| Net profit margin | -1.8% | -15.2% | -4.6% | -6.0% | -9.1% |
| EPS (₹) | (2.46) | (10.47) | (2.83) | 24.36 | (3.56) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 |
| Reserves & surplus | 4.26 | 5.01 | 8.29 | 9.18 | 1.55 |
| Shareholders' funds (net worth) | 7.39 | 8.14 | 11.42 | 12.31 | 4.68 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.51 | 2.12 | 2.08 | 0.76 | 1.10 |
| Unsecured loans | 0.07 | 0.75 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.58 | 2.87 | 2.08 | 0.76 | 1.10 |
| Total liabilities | 7.98 | 11.01 | 13.50 | 13.20 | 5.81 |
| Assets | |||||
| Gross block | 5.51 | 5.48 | 5.45 | 5.35 | 4.00 |
| Net block | 4.84 | 4.89 | 4.96 | 4.95 | 3.59 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 |
| Investments | 0.24 | 0.67 | 3.28 | 3.48 | 0.18 |
| Inventories | 1.39 | 1.28 | 1.25 | 1.10 | 0.51 |
| Sundry debtors | 0.92 | 3.03 | 3.59 | 2.00 | 1.59 |
| Cash & bank balances | 0.11 | 0.29 | 0.16 | 0.36 | 2.82 |
| Loans & advances | 0.10 | 0.05 | 0.17 | 0.21 | 0.13 |
| Total current assets | 2.52 | 4.65 | 5.17 | 3.67 | 5.05 |
| Total current liabilities | 2.14 | 1.97 | 2.77 | 1.66 | 4.76 |
| Net working capital | 0.38 | 2.68 | 2.40 | 2.01 | 0.29 |
| Total assets | 7.98 | 11.01 | 13.50 | 13.20 | 5.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 0.29 | 0.16 | 0.10 | 0.19 | 0.25 |
| Net cash from operating activities | 1.62 | (3.18) | (1.61) | (5.04) | 3.05 |
| Net cash from investing activities | 0.60 | 2.76 | 0.44 | 5.33 | (2.59) |
| Net cash from financing activities | (2.40) | 0.54 | 1.23 | (0.39) | (0.52) |
| Net change in cash | (0.17) | 0.12 | 0.06 | (0.09) | (0.06) |
| Closing cash | 0.11 | 0.29 | 0.16 | 0.36 | 2.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | -34.4% | +9.3% | +26.8% | +27.3% | +9997.0% |
| EBITDA growth | +77.3% | -172.7% | -1.7% | +4.0% | +9997.0% |
| PBT growth | +76.8% | -260.4% | - | +9998.0% | +9997.0% |
| Net income growth | +92.1% | -260.4% | +2.2% | +16.2% | +9997.0% |
| Revenue CAGR (3Y) | -3.1% | +20.8% | - | - | - |
| EBITDA CAGR (3Y) | -14.3% | +38.6% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | -5.4% | -15.2% | -4.6% | +49.0% | -9.1% |
| Return on capital employed | - | 0.0% | -6.0% | -9.2% | 0.0% |
| Return on net worth | - | 0.0% | -7.5% | -11.0% | 0.0% |
| Debt / equity | - | 0.25 | 0.12 | 0.11 | 0.23 |
| Long-term debt / equity | - | 0.04 | 0.00 | 0.00 | 0.00 |
| Interest cover | -13.10 | -7.67 | -6.92 | -3.94 | -4.62 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 3.95 | 3.65 | 3.33 | 3.06 |
| Inventory turnover | - | 17.04 | 16.79 | 19.33 | 23.96 |
| Debtors turnover | - | 6.51 | 7.06 | 8.67 | 7.69 |
| EPS (₹) | (2.46) | (10.47) | (2.83) | 24.36 | (3.56) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 26.01 | 36.47 | 39.31 | 14.96 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 3.94 | 3.76 | 3.18 | 3.27 | 4.40 | 5.04 | 5.52 |
| Revenue growth (YoY) | +59.0% | -10.5% | -25.4% | -42.4% | -50.5% | -24.8% | -6.0% | +34.6% |
| Other income | 0.05 | 0.05 | 0.11 | 0.05 | 0.05 | 0.12 | 0.06 | 0.11 |
| Total expenses | 5.20 | 3.92 | 3.82 | 3.18 | 3.99 | 6.73 | 5.61 | 5.95 |
| EBITDA | 0.00 | 0.02 | (0.06) | 0.00 | (0.72) | (2.33) | (0.57) | (0.43) |
| EBITDA margin | 0.0% | +0.5% | -1.6% | 0.0% | -22.0% | -53.0% | -11.3% | -7.8% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.01 | 0.04 | 0.02 | 0.02 | 0.04 | 0.13 | 0.03 | 0.04 |
| Profit before tax | 0.02 | 0.01 | 0.01 | 0.01 | (0.73) | (2.36) | (0.56) | (0.38) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 14.15 | 21.56 | 19.73 | 15.56 | 12.22 | 11.12 | 13.89 |
| Revenue growth | -40.1% | +18.8% | +25.0% | +25.9% | +13.6% | -16.2% | -18.5% |
| Other income | 0.19 | 0.37 | 0.48 | 8.95 | 0.24 | 0.30 | 0.73 |
| Total expenses | 14.90 | 24.87 | 20.94 | 16.75 | 13.30 | 11.71 | 13.98 |
| Employee cost | 0.00 | 2.12 | 1.72 | 1.47 | 1.47 | 1.72 | 1.84 |
| EBITDA | (0.75) | (3.31) | (1.21) | (1.19) | (1.08) | (0.59) | (0.09) |
| EBITDA margin | -5.3% | -15.4% | -6.1% | -7.7% | -8.8% | -5.3% | -0.7% |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.08 | 0.06 | 0.21 | 0.27 |
| Interest | 0.11 | 0.25 | 0.09 | 0.05 | 0.06 | 0.04 | 0.02 |
| Profit before tax | (0.76) | (3.28) | (0.91) | 7.63 | (0.96) | (0.54) | 0.35 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 |
| Net profit | (0.26) | (3.28) | (0.91) | (0.93) | (0.96) | (0.53) | (0.18) |
| Net profit margin | -1.8% | -15.2% | -4.6% | -6.0% | -7.9% | -4.8% | -1.3% |
| EPS (₹) | (2.46) | (10.47) | (2.83) | 24.36 | (3.10) | (1.65) | 0.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 |
| Reserves & surplus | 4.26 | 5.01 | 8.29 | 9.18 | 1.55 | 2.53 | 3.04 |
| Shareholders' funds (net worth) | 7.39 | 8.14 | 11.42 | 12.31 | 4.68 | 5.66 | 6.17 |
| Secured loans | 0.51 | 2.12 | 2.08 | 0.76 | 1.10 | 1.56 | 0.02 |
| Unsecured loans | 0.07 | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.58 | 2.87 | 2.08 | 0.76 | 1.10 | 1.56 | 0.02 |
| Total liabilities | 7.98 | 11.01 | 13.50 | 13.21 | 5.81 | 7.22 | 6.22 |
| Assets | |||||||
| Gross block | 1.50 | 1.48 | 1.45 | 1.35 | 0.79 | 2.36 | 2.41 |
| Net block | 0.83 | 0.89 | 0.96 | 0.95 | 0.38 | 1.21 | 1.41 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.00 | 0.00 |
| Investments | 4.25 | 4.67 | 7.29 | 7.49 | 3.38 | 0.17 | 0.25 |
| Inventories | 1.39 | 1.28 | 1.25 | 1.10 | 0.51 | 1.07 | 1.24 |
| Sundry debtors | 0.92 | 3.03 | 3.59 | 2.00 | 1.59 | 2.03 | 1.04 |
| Cash & bank balances | 0.11 | 0.28 | 0.16 | 0.36 | 2.81 | 2.00 | 1.92 |
| Loans & advances | 0.10 | 0.05 | 0.17 | 0.21 | 0.13 | 0.04 | 0.22 |
| Total current assets | 2.52 | 4.64 | 5.17 | 3.67 | 5.04 | 5.14 | 4.42 |
| Total current liabilities | 2.14 | 1.97 | 2.77 | 1.65 | 4.76 | 1.42 | 1.17 |
| Net working capital | 0.38 | 2.67 | 2.40 | 2.02 | 0.28 | 3.72 | 3.25 |
| Total assets | 7.98 | 11.01 | 13.50 | 13.21 | 5.81 | 7.22 | 6.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.28 | 0.16 | 0.10 | 0.19 | 0.10 | 0.41 | 0.19 |
| Net cash from operating activities | 1.62 | (3.18) | (1.61) | (5.03) | 3.20 | (1.26) | (0.53) |
| Net cash from investing activities | 0.60 | 2.76 | 0.44 | 5.33 | (2.59) | (0.56) | 0.79 |
| Net cash from financing activities | (2.40) | 0.54 | 1.23 | (0.39) | (0.52) | 1.51 | (0.05) |
| Net change in cash | (0.17) | 0.12 | 0.06 | (0.09) | 0.09 | (0.31) | 0.22 |
| Closing cash | 0.11 | 0.28 | 0.16 | 0.36 | 2.81 | 2.00 | 1.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -34.4% | +9.3% | +26.8% | +27.3% | +9.9% | -19.9% | -16.3% |
| EBITDA growth | +77.3% | -173.6% | -1.7% | -10.2% | -83.1% | -555.6% | +83.6% |
| PBT growth | +76.8% | -260.4% | - | +9998.0% | -77.8% | - | +9998.0% |
| Net income growth | +92.1% | -260.4% | +2.2% | +3.1% | -81.1% | -194.4% | +75.0% |
| Revenue CAGR (3Y) | -3.1% | +20.8% | +21.1% | +3.9% | -9.7% | -13.0% | +1.6% |
| EBITDA CAGR (3Y) | -14.3% | +45.3% | +27.1% | +136.5% | +25.2% | -9.3% | -46.0% |
| Profitability & leverage | |||||||
| Net income margin | -5.4% | -15.2% | -4.6% | +49.0% | -7.9% | -4.9% | +1.7% |
| Return on capital employed | - | 0.0% | -6.0% | -9.3% | 0.0% | 0.0% | -1.9% |
| Return on net worth | - | 0.0% | -7.5% | -11.0% | 0.0% | 0.0% | -2.2% |
| Debt / equity | - | 0.25 | 0.12 | 0.11 | 0.26 | 0.13 | 0.03 |
| Long-term debt / equity | - | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -13.10 | -7.35 | -6.92 | -3.94 | -5.26 | -5.00 | -5.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 14.72 | 14.09 | 14.54 | 7.76 | 4.66 | 6.44 |
| Inventory turnover | - | 17.04 | 16.79 | 19.33 | 15.47 | 9.63 | 13.56 |
| Debtors turnover | - | 6.51 | 7.06 | 8.67 | 6.75 | 7.24 | 11.29 |
| EPS (₹) | (2.46) | (10.47) | (2.83) | 24.36 | (3.10) | (1.65) | 0.76 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 26.01 | 36.47 | 39.31 | 14.96 | 18.07 | 19.72 |
Shareholding Pattern of Hipolin LTD
Shareholding for the quarter ended Mar 2026: promoters hold 60.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 39.80%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 60.20% | 69.90% | 70.60% | 70.80% |
| Public | 39.80% | 30.10% | 29.40% | 29.20% |
Group Structure of Hipolin LTD
Hipolin has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Jayantilal Bhogilal Chemicals Private Limited | U24110GJ1998PTC035113 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Hipolin
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2018 | Others | ₹7.96 Lakh | Satisfied |
| 05 Jul 2017 | The Kalupur Commercial Co-Operative Bank Limited | ₹50 Lakh | Satisfied |
| 28 Jan 2014 | Axis Bank Limited | ₹7.51 Lakh | Satisfied |
| 06 Sep 2013 | Hdfc Bank Limited | ₹4 Cr | Satisfied |
| 12 Apr 2013 | Ahmedabad Mercantile Co-Operative Bank Ltd. | ₹5.25 Lakh | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Hipolin
Hipolin LTD has a workforce of 23 employees as of Apr 05, 2024.
Employee and EPFO history for Hipolin LTD
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.
GST Compliance of Hipolin
GST registrations and filing compliance for Hipolin LTD
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
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Credit Ratings, Litigation & Regulatory Alerts for Hipolin
Credit ratings, litigation, and regulatory alerts for Hipolin LTD
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Hipolin
MSME payment history for Hipolin LTD
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
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Subsidiaries & Group Companies of Hipolin
Corporate group structure for Hipolin LTD
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
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MCA Filings & Documents of Hipolin
MCA filings and documents for Hipolin LTD
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Hipolin
Frequently Asked Questions about Hipolin LTD
Hipolin is an active public limited company in the FMCG sector based in Ahmedabad, Gujarat, India. It was incorporated on 31 March 1994 (32+ years old) and is registered under CIN L24240GJ1994PLC021719. Listed on BSE: 530853. The company has 23 employees.
Hipolin reported revenue of ₹14.15 Cr for FY 2025-26 (down 34.37% YoY) based on consolidated financials.
The current directors of Hipolin are:
- Umeshchandra Prafulvadan Mehta - Director
- Daxesh Bhupendrabhai Shah - Director
- Samir Rohitbhai Shah - Director
- Shaileshkumar Jayantilal Shah - Director
- Nita Bharatbhai Shah - Director
- Prafulla Gattani - Managing Director
- Avni Chouhan - Director
The primary industry of Hipolin is FMCG. The company specifically operates in soaps and detergents. The company is currently active in this sector.
Yes. Hipolin is listed on BSE with code 530853.
Hipolin can be reached at the registered office: Survey No. 22 Paiki Mouje Behind Safe Express Logistic Changodar, Sanand, Ahmedabad, Gujarat, India – 382213, or through the website hipolin.com.