Hi-Q-Systems Pvt. Ltd.
About Hi-Q-Systems Pvt. Ltd.
Data last updated:
Hi-Q-Systems Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 25 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U30007WB1994PTC066105.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.02 Lakh. It is led by directors including Vishal Agarwal and Niranjan Lal Agarwal.
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 48A Park Street Ground Floor(Suruchi), Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.6 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹3.2 Lakh (net margin -199.7%) and EBITDA of -₹3.2 Lakh (EBITDA margin -199.5%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 39% over five years.
As per MCA filings, the company has satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hi-Q-Systems Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address48A Park Street Ground Floor(Suruchi), Kolkata, West Bengal, India – 700016
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Hi-Q-Systems Pvt. Ltd., 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
Business activity
The main business activity of Hi-Q-Systems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hi-Q-Systems Pvt. Ltd., buy the company report.
Financials of Hi-Q-Systems Pvt. Ltd.
FY 2025 filings availableHi-Q-Systems Pvt. Ltd. reported revenue of ₹1.6 Lakh (down 90% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 90% fall in the latest year. EBITDA fell 112% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹3.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.2 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -199.5% | ||||
| Net Profit Margin | -199.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hi-Q-Systems Pvt. Ltd., buy the company report.
Board of directors of Hi-Q-Systems Pvt. Ltd.
Hi-Q-Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Agarwal Also directs: Breeze Exports Ltd, Paharimata Industrial Development Ltd, Shree Shyam Maintenance Private Limited and 5 more | Director | 30 Nov 2006 | 19 Years 10 Months | Current |
| Niranjan Lal Agarwal Also directs: Breeze Exports Ltd, Paharimata Industrial Development Ltd, Shree Shyam Maintenance Private Limited and 5 more | Director | 25 Nov 1994 | 31 Years 10 Months | Current |
| Vikash Agarwal Also directs: Paharimata Industrial Development Ltd, Saarang Sarees Private Limited., Vibhavari Fashion Private Limited. and 5 more | Director | 19 Dec 2002 | 23 Years 10 Months | Current |
Auditor
Hi-Q-Systems Pvt. Ltd. is audited by PARESH GUPTA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARESH GUPTA ASSOCIATES | FY 2022 | 317199E |
Shareholding
The shareholding of Hi-Q-Systems Pvt. Ltd. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hi-Q-Systems Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2006 | 10026522 | State Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Hi-Q-Systems Pvt. Ltd., buy the company report.
Total charge records: 1 View all charges
Legal cases
Hi-Q-Systems Pvt. Ltd. has 1 court case on record: 1 filed by Hi-Q-Systems. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Pending |
To see the full case history of Hi-Q-Systems Pvt. Ltd., buy the company report.
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
No delayed payments to MSME suppliers are on our record for Hi-Q-Systems Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hi-Q-Systems Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hi-Q-Systems Pvt. Ltd. has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Bimla Devi Agarwal ceased to be Additional Director on 06 Aug 2015.
Frequently asked questions
Hi-Q-Systems is an active private limited company based in Kolkata, West Bengal, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 25 November 1994 (32+ years old) and is registered under CIN U30007WB1994PTC066105.
Hi-Q-Systems has 3 current directors:
- Vishal Agarwal - Director
- Niranjan Lal Agarwal - Director
- Vikash Agarwal - Director
The latest financial statements of Hi-Q-Systems 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 CIN (Corporate Identification Number) of Hi-Q-Systems is U30007WB1994PTC066105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Q-Systems has 1 court case on record: 1 filed by the company. 1 is pending.
Hi-Q-Systems was incorporated on 25 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Bimla Devi Agarwal ceased to be Additional Director on 06 Aug 2015. Vishal Agarwal was appointed as Director on 30 Nov 2006. Vikash Agarwal was appointed as Director on 19 Dec 2002. Hi-Q-Systems has 4 board changes on record in total.
The registered office of Hi-Q-Systems is at 48A Park Street Ground FloorSuruchi, Kolkata, West Bengal, India – 700016.
Hi-Q-Systems operates in the information technology industry, in the electronic components and equipment manufacturing segment.
Hi-Q-Systems has no open charges and satisfied charges of ₹2 Cr as per latest MCA filings.