About Hitco Electricals Private Limited
Data last updated:
Hitco Electricals Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31506DL1997PTC090370. Its GSTIN is 07AABCH0508G1Z3 (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.27 Cr. It was formerly known as Hotset (India) Private Limited. It is led by directors Vikas Verma (Whole-Time Director) and Radhika Verma (Whole-Time Director).
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 2226 Ground Floor Gali No. 169 Ganesh Pura – A Tri Nagar, New Delhi, Delhi, India – 110035.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.83 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹51.19 Lakh (net margin 1.6%) and EBITDA of ₹1.56 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 2% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.66 Cr and satisfied charges of ₹15.68 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitcogroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2226 Ground Floor Gali No. 169 Ganesh Pura – A Tri Nagar, New Delhi, Delhi, India – 110035
- IndustryMachinery and Equipment, Industrial Machinery 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 Hitco Electricals Private Limited
The main business activity of Hitco Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport 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 Hitco Electricals Private Limited FY 2025 filings available
Hitco Electricals Private Limited reported revenue of ₹32.83 Cr (up 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Hitco Electricals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 5% growth in the latest year. EBITDA rose 7% 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 Hitco Electricals Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.19 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 Hitco Electricals Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Hitco Electricals 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 Hitco Electricals Private Limited
Hitco Electricals Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Envy Cylinders Private Limited | ₹33 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Telangana, India |
| Raasvin Rubbers Private Limited | ₹32.94 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bhopal, Madhya Pradesh, India |
| New Age Fab Technologies Private Limited | ₹32.91 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Surat, Gujarat, India |
| Aluco Panels Limited | ₹32.88 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Sunrise Process Equipments Private Limited | ₹32.84 Cr (FY 2024) | •••• | •••• | 118.0% | •••• | Mumbai, Maharashtra, India |
| Hitco Electricals Private Limited this company | ₹32.83 Cr (FY 2023) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Shalkoot Mechanique Private Limited | ₹32.8 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Likhita Energy Systems Private Limited | ₹32.79 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Maddipadu, Andhra Pradesh, India |
| Kalpana Glass Fibre Private Limited | ₹32.73 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bhor, Maharashtra, India |
| Green Enerzon Private Limited | ₹32.65 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Savli, Gujarat, India |
| Atc Ensys Private Limited | ₹32.63 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hitco Electricals by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Hitco Electricals Private Limited
Hitco Electricals Private Limited is audited by TIRLOK SUSHIL & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TIRLOK SUSHIL & CO | 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 Hitco Electricals Private Limited
Hitco Electricals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Verma | Whole-Time Director | 23 Oct 1997 | 28 Years 11 Months | Current |
| Radhika Verma | Whole-Time Director | 20 Jan 2001 | 25 Years 8 Months | Current |
Ownership and Shareholding of Hitco Electricals 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 Hitco Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2026 | Others | ₹11.03 Cr | Open |
| 30 Sep 2023 | Hdfc Bank Limited | ₹35.09 Lakh | Open |
| 06 Mar 2020 | Axis Bank Limited | ₹39.38 Lakh | Open |
| 10 Jan 2018 | Hdfc Bank Limited | ₹8.79 Cr | Open |
| 24 Jan 2009 | Bank of Baroda | ₹9 Lakh | Open |
Total charge records: 15 View all charges
Legal Cases of Hitco Electricals Private Limited
Hitco Electricals Private Limited has 8 court cases on record: 3 filed by Hitco Electricals, 5 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Rollatainers Limited | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Plastindia Foundation & Ors | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Nexthermal Corporation & Anr | Disposed |
Full case history
All 8 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 Hitco Electricals Private Limited
Hitco Electricals Private Limited has 3 MSME Form 1 returns on record for the period ending Jan 2019, listing 18 overdue payments to 9 micro and small suppliers. 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 (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aggarwal Electrowires Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Adroit Control Engineers Private Limited | •••• | •••• | •••• |
| B.R Seth & Company | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 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.
Employees and EPFO Compliance at Hitco Electricals Private Limited
Hitco Electricals Private Limited has a workforce of 72 employees as of Mar 23, 2024.
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.
CIN History of Hitco Electricals Private Limited
Hitco Electricals has one previous CIN (Corporate Identification Number): U99999DL1997PTC090370. The current CIN is U31506DL1997PTC090370, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31506DL1997PTC090370 | Current |
| U99999DL1997PTC090370 | Previous |
Recent Activity on Hitco Electricals Private Limited
Hitco Electricals Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Saatvik Verma ceased to be Additional Director on 30 Sep 2019.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hitco Electricals 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 Hitco Electricals 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 Hitco Electricals Private Limited
Hitco Electricals has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCH0508G1Z3 | Delhi | Active | 01 Jul 2017 |
| 09AABCH0508G1ZZ | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AABCH0508G2Z6 | Gujarat | 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 Hitco Electricals 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 Hitco Electricals Private Limited
Hitco Electricals is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 October 1997 (29+ years old) and is registered under CIN U31506DL1997PTC090370.
Hitco Electricals reported revenue of ₹32.83 Cr for FY 2023 (up 5% YoY).
Hitco Electricals has 2 current directors:
- Vikas Verma - Whole-Time Director
- Radhika Verma - Whole-Time Director
Hitco Electricals reported a net profit of ₹51.19 Lakh (net margin 1.6%) and EBITDA of ₹1.56 Cr (EBITDA margin 4.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hitco Electricals is 21% over three years and 2% over five years. In the latest year (FY 2023) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hitco Electricals is 07AABCH0508G1Z3, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AABCH0508G1ZZ (Uttar Pradesh), 24AABCH0508G2Z6 (Gujarat).
The CIN (Corporate Identification Number) of Hitco Electricals is U31506DL1997PTC090370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitco Electricals has 8 court cases on record: 3 filed by the company and 5 filed against it. Most are in the district courts.
Hitco Electricals was incorporated on 23 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Hitco Electricals by revenue are Envy Cylinders Private Limited, Raasvin Rubbers Private Limited, New Age Fab Technologies Private Limited, Aluco Panels Limited, Sunrise Process Equipments Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Saatvik Verma ceased to be Additional Director on 30 Sep 2019. Radhika Verma was appointed as Whole-Time Director on 20 Jan 2001. Vikas Verma was appointed as Whole-Time Director on 23 Oct 1997.
Hitco Electricals has 3 MSME Form 1 returns on record for the period ending Jan 2019, listing 18 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 May 2019.