About Hi-Q Electronics Private Limited
Data last updated:
Hi-Q Electronics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 21 February 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32104KA1983PTC005174. Its GSTIN is 29AAACH3509C2ZY (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4.4 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Venkatachalam Sendyl and Kirtana Meenakshi Sendyl.
Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #693 3rd Floor Geethanjali Complex 15th Cross J.P.Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹136.03 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹21.41 Cr (net margin 15.7%) and EBITDA of ₹38.76 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 19% over five years.
The company has about 324 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hi-Q Electronics. As per MCA filings, the company has open charges of ₹149.7 Cr and satisfied charges of ₹15.28 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 1 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹175 Cr; the latest was in March 2026. Its 10 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Markss Infotech Limited. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiqelectronics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#693 3rd Floor Geethanjali Complex 15th Cross J.P.Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Hi-Q Electronics Private Limited
The main business activity of Hi-Q Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Hi-Q Electronics Private Limited FY 2025 filings available
Hi-Q Electronics Private Limited reported revenue of ₹136.03 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hi-Q Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 28% growth in the latest year. EBITDA rose 12% 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 Hi-Q Electronics 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 | ₹136.03 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹38.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.41 Cr | •••• | •••• | •••• | •••• |
| 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 Hi-Q Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.7% | •••• | •••• | •••• | •••• |
| 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 Hi-Q Electronics 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.
Peer Comparison of Hi-Q Electronics Private Limited
Hi-Q Electronics Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Markss Infotech Limited | •••• | •••• | •••• | •••• | 86 | Kandivali West, Maharashtra, India |
| Protectron Electromech Private Limited | •••• | •••• | •••• | •••• | 117 | Chennai, Tamil Nadu, India |
| Emerson Automation Solutions Intelligent Platforms Private Limited | •••• | •••• | •••• | •••• | 101 | Bangalore, Karnataka, India |
| BPL Limited Listed | •••• | •••• | •••• | •••• | 122 | Palakkad, Kerala, India |
| Ittiam Systems Private Limited | •••• | •••• | •••• | •••• | 49 | Bangalore, Karnataka, India |
| Hi-Q Electronics Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Bhatia Photo Industries Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| Etas Automotive India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Promark Techsolutions Private Limited | •••• | •••• | •••• | •••• | 35 | Morinda, Punjab, India |
| Flextric Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Nilpeter India Private Limited | •••• | •••• | •••• | •••• | - | Kanchipuram, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Hi-Q Electronics by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Hi-Q Electronics Private Limited
Hi-Q Electronics Private Limited is audited by Gunasheela & Associates for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gunasheela & Associates | Locked | Locked | Locked |
Complete auditor history
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 Hi-Q Electronics Private Limited
Hi-Q Electronics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatachalam Sendyl | Director | 21 Feb 1983 | 43 Years 7 Months | Current |
| Arvind Ananthanarayanan Also directs: Rangsons Aerospace Private Limited | Nominee Director | 02 Mar 2026 | 0 Years 7 Months | Current |
| Kirtana Meenakshi Sendyl | Director | 22 May 2025 | 1 Years 4 Months | Current |
| Surya Ganesh Sendyl | Director | 21 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Hi-Q Electronics 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 Hi-Q Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2026 | Hdfc Bank Limited | ₹4.95 Cr | Open |
| 29 Dec 2025 | Others | ₹3.02 Cr | Open |
| 22 Aug 2025 | Others | ₹8.52 Cr | Open |
| 08 Apr 2025 | Others | ₹9.89 Cr | Open |
| 24 Oct 2024 | Hdfc Bank Limited | ₹76.9 Cr | Open |
Total charge records: 7 View all charges
Deals & Funding of Hi-Q Electronics Private Limited
Hi-Q Electronics Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹175 Cr; the latest was in March 2026.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Funding round · Series A | ₹175 Cr | Investors: ValueQuest Investment Advisors |
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Hi-Q Electronics Private Limited
Hi-Q Electronics Private Limited has 10 court cases on record: 8 filed by Hi-Q Electronics, 1 filed against it, 1 where it is another party. 1 case is pending and 9 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 1 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Neural Systems Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against S and S Communications Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Income Tax Circle 3 (1) (1) | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Deputy Commissioner of Income Tax | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Hi-Q Electronics Private Limited
Hi-Q Electronics Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kamtress Automation Systems Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Hi-Q Electronics Private Limited
Hi-Q Electronics operates one associated brand: Hi-Q Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| PCB manufacturing focused on defense, aerospace, and prototypes in India. | hiqelectronics.com |
Employees and EPFO Compliance at Hi-Q Electronics Private Limited
Hi-Q Electronics Private Limited has a workforce of 324 employees as of Jan 07, 2026.
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.
News related to Hi-Q Electronics Private Limited
Recent Activity on Hi-Q Electronics Private Limited
Hi-Q Electronics Private Limited has 6 board changes on record since 1983: 4 appointments and 2 cessations. The latest: Arvind Ananthanarayanan was appointed as Nominee Director on 02 Mar 2026.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hi-Q Electronics 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.
Subsidiaries & Group Companies of Hi-Q Electronics 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 Hi-Q Electronics Private Limited
Hi-Q Electronics has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACH3509C2ZY | Karnataka | Active | 27 Dec 2024 |
| 29AAACH3509C3ZX | Karnataka | Active | 27 Dec 2025 |
| 33AAACH3509C1ZA | Tamil Nadu | Active | 01 Jul 2017 |
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 Hi-Q Electronics 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 Hi-Q Electronics Private Limited
Hi-Q Electronics is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 21 February 1983 (43+ years old) and is registered under CIN U32104KA1983PTC005174.
Hi-Q Electronics reported revenue of ₹136.03 Cr for FY 2025 (up 28% YoY).
Hi-Q Electronics has 4 current directors:
- Venkatachalam Sendyl - Director
- Arvind Ananthanarayanan - Nominee Director
- Kirtana Meenakshi Sendyl - Director
- Surya Ganesh Sendyl - Director
Hi-Q Electronics reported a net profit of ₹21.41 Cr (net margin 15.7%) and EBITDA of ₹38.76 Cr (EBITDA margin 28.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hi-Q Electronics is 27% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hi-Q Electronics is 29AAACH3509C2ZY, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACH3509C3ZX (Karnataka), 33AAACH3509C1ZA (Tamil Nadu).
The CIN (Corporate Identification Number) of Hi-Q Electronics is U32104KA1983PTC005174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Q Electronics has 10 court cases on record: 8 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Hi-Q Electronics was incorporated on 21 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.
Hi-Q Electronics has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹175 Cr; the latest was in March 2026.
The peers of Hi-Q Electronics by revenue are Markss Infotech Limited, Protectron Electromech Private Limited, Emerson Automation Solutions Intelligent Platforms Private Limited, BPL Limited, Ittiam Systems Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Arvind Ananthanarayanan was appointed as Nominee Director on 02 Mar 2026. Kirtana Meenakshi Sendyl was appointed as Director on 22 May 2025. Surya Ganesh Sendyl ceased to be Additional Director on 20 Sep 2024. Hi-Q Electronics has 6 board changes on record in total.