- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CG-15-0000650

Hi-Tec Panels Private Limited
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
Recognitions & Rankings of Hi-Tec Panels
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 AddressSurvey No. 39/4 Village : Khuteri Post – Somni, Rajnandgaon, Chhattisgarh, India – 491441
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Hi-Tec Panels Private Limited, 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-Tec Panels is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood 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 availableHi-Tec Panels Private Limited reported revenue of ₹3.53 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹37.86 Lakh | ||||
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| Net Profit (PAT) | ₹4.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 1.2% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hira Lal Patel | Director | 29 Jan 2009 | 17 Years 8 Months | Current |
| Meena Patel | Director | 25 Feb 2009 | 17 Years 8 Months | Current |
| Dipesh Patel | Director | 16 Dec 2016 | 9 Years 10 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 1.2% | -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 firm | Financial year | Firm registration number |
|---|---|---|
| SRS & CO. | FY 2023 | 019953C |
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 category | FY 2023 | 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-Tec Panels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2023 | 100692300 | Others | ₹1.25 Cr | Open | |
| 22 Dec 2009 | 10194841 | Bank of India | ₹70 Lakh | Open |
To see the full charge records of Hi-Tec Panels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hi-Tec Panels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCH1701Q1ZS | Chhattisgarh | Active | 01 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.
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:
- Hira Lal Patel - Director
- Meena Patel - Director
- Dipesh Patel - Director
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.