Hi-Tec Panels Private Limited

Hi-Tec Panels Private Limited - manufacturing in Rajnandgaon, Chhattisgarh, India. FY 2026 financials & compliance.
CIN U20290CT2009PTC021024 Incorporated 29 January 2009 ROC Chhattisgarh HQ Rajnandgaon, Chhattisgarh, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2025
₹3.53 Cr
▼ 16% YoY
Net profit · FY 2025
₹4.09 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹37.86 Lakh
EBITDA margin 10.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.95 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings

About Hi-Tec Panels Private Limited

Data last updated:

Hi-Tec Panels Private Limited is a private limited company based in Rajnandgaon, Chhattisgarh, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 29 January 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U20290CT2009PTC021024. Its GSTIN is 22AACCH1701Q1ZS (Chhattisgarh).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Hira Lal Patel and Meena Patel.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 39/4 Village : Khuteri Post – Somni, Rajnandgaon, Chhattisgarh, India – 491441.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.53 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.09 Lakh (net margin 1.2%) and EBITDA of ₹37.86 Lakh (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.

As per MCA filings, the company has open charges of ₹1.95 Cr on record.

Hi-Tec Panels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-15-0000650). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U20290CT2009PTC021024
Registration Number 021024
Incorporation Date 29 January 2009
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-CG-15-0000650

Recognitions & Rankings of Hi-Tec Panels

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-CG-15-0000650

Contact details

Hi-Tec Panels Private Limited's registered office is in Rajnandgaon, Chhattisgarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Survey No. 39/4 Village : Khuteri Post – Somni, Rajnandgaon, Chhattisgarh, India – 491441
  • Industry
    Manufacturing, Wood Products & MDF

To see the full contact details of Hi-Tec Panels Private Limited, buy the company report.

Comprehensive company report
Hi-Tec Panels Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Hi-Tec Panels is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Hi-Tec Panels Private Limited, buy the company report.

Financials of Hi-Tec Panels Private Limited

FY 2024 filings available

Hi-Tec Panels Private Limited reported revenue of ₹3.53 Cr (down 16% YoY) for FY 2025.

Revenue · FY 2025
₹3.53 Cr ▼ 16%
Net profit · FY 2025
₹4.09 Lakh margin 1.2%
EBITDA · FY 2025
₹37.86 Lakh margin 10.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 6%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 8%
5 years · compounded
▲ 3%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 16% fall in the latest year. EBITDA fell 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹37.86 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.09 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.7%
Net Profit Margin1.2%
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-Tec Panels Private Limited, buy the company report.

Board of directors of Hi-Tec Panels Private Limited

Hi-Tec Panels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hira Lal PatelDirector29 Jan 200917 Years 8 MonthsCurrent
Meena PatelDirector25 Feb 200917 Years 8 MonthsCurrent
Dipesh PatelDirector16 Dec 20169 Years 10 MonthsCurrent

Peer comparison

Hi-Tec Panels Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shubha Packagings Private Limited₹3.57 Cr (FY 2023)25.0%Mysore, Karnataka, India
Indo Pacific Plyboard Pvt Ltd₹3.54 Cr (FY 2024)-8.0%Ahmedabad, Gujarat, India
Hi-Tec Panels Private Limitedthis company₹3.53 Cr (FY 2025)₹4.09 Lakh1.2%-16.0%Rajnandgaon, Chhattisgarh, India
Atul Plywood Pvt Ltd₹3.52 Cr (FY 2025)21.0%Raipur, Chhattisgarh, India
Indo Nippon Choseki Private Limited₹3.52 Cr (FY 2025)-31.0%Chennai, Tamil Nadu, India
Siddanth Wooden Works Private Limited₹3.51 Cr (FY 2025)-1.0%Dharwad, Karnataka, India

To see the full peer comparison of Hi-Tec Panels Private Limited, buy the company report.

Auditor

Hi-Tec Panels Private Limited is audited by SRS & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SRS & CO.FY 2023019953C

Shareholding

The shareholding of Hi-Tec Panels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hi-Tec Panels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.25 Cr
Bank of India₹0.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 2023100692300Others₹1.25 CrOpen
22 Dec 200910194841Bank of India₹70 LakhOpen

To see the full charge records of Hi-Tec Panels Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hi-Tec Panels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Hi-Tec Panels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
22AACCH1701Q1ZSChhattisgarhActive01 Jul 2017

To see the full GST registrations and return filing status of Hi-Tec Panels Private Limited, buy the company report.

Recent activity

Hi-Tec Panels Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Dipesh Patel was appointed as Director on 16 Dec 2016.

AGM
Hi-Tec Panels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hi-Tec Panels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge with Others amounted to Rs. 125.00 Lakh with Charge ID 100692300 was registered on 28 Feb 2023.
Charges
A charge with Bank Of India of Rs. 70.00 Lakh registered on 22 Dec 2009 with Charge ID 10194841 was modified on 21 Mar 2018.
Appointed
Dipesh Patel was appointed as Director.
Ceased
Mohan Lal Patel ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 70.00 Lakh with Charge ID 10194841 was registered on 22 Dec 2009.
Ceased
Narendra Surjan ceased to be Director.
Appointed
Meena Patel was appointed as Director.
Appointed
Hira Lal Patel was appointed as Director.
Incorporation
29 Jan 2009
Hi-Tec Panels Private Limited was registered on 29 Jan 2009 with Roc Chhattisgarh & aged 17 years 8 months as per MCA records.

Frequently asked questions

Hi-Tec Panels is an active private limited company based in Rajnandgaon, Chhattisgarh, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 29 January 2009 (17+ years old) and is registered under CIN U20290CT2009PTC021024.

Hi-Tec Panels has 3 current directors:

The latest financial statements of Hi-Tec Panels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Hi-Tec Panels is 22AACCH1701Q1ZS, registered in Chhattisgarh.

The CIN (Corporate Identification Number) of Hi-Tec Panels is U20290CT2009PTC021024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hi-Tec Panels was incorporated on 29 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chhattisgarh.

The peers of Hi-Tec Panels by revenue are Shubha Packagings Private Limited, Indo Pacific Plyboard Pvt Ltd, Atul Plywood Pvt Ltd, Indo Nippon Choseki Private Limited, Siddanth Wooden Works Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Dipesh Patel was appointed as Director on 16 Dec 2016. Mohan Lal Patel ceased to be Director on 25 Nov 2016. Narendra Surjan ceased to be Director on 02 Mar 2009. Hi-Tec Panels has 5 board changes on record in total.

Yes, Hi-Tec Panels is registered as a micro enterprise under Udyam registration (number: UDYAM-CG-15-0000650).

The registered office of Hi-Tec Panels is at Survey No. 394 Village : Khuteri Post – Somni, Rajnandgaon, Chhattisgarh, India – 491441.

Hi-Tec Panels operates in the manufacturing industry, in the wood products and mdf segment.