Hitech Auto (India) Private Limited

Hitech Auto (India) Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U34300KA1998PTC024437 Incorporated 20 November 1998 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2024
₹59,322
Latest filing
Net loss · FY 2024
₹12.59 Lakh
Latest filing
EBITDA · FY 2024
-₹12.59 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹36.27 Lakh
Secured borrowings
Company age
28 yrs
Est. 1998
Employees · EPFO
39
Provident fund records

About Hitech Auto (India) Private Limited

Data last updated:

Hitech Auto (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 20 November 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34300KA1998PTC024437. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sudheer Anand Sabnis (Managing Director) and Suhas Anand Sabnis.

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 No.20 Krishnakunjjaladarshini Layout New Bel Road, Bangalore, Karnataka, India – 560054.

As per the financials filed for FY 2024, the company reported a revenue of ₹59,322. For the same year it recorded a net loss of ₹12.59 Lakh and EBITDA of -₹12.59 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 15% over five years.

The company has about 39 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹36.27 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U34300KA1998PTC024437
Registration Number 024437
Incorporation Date 20 November 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Hitech Auto (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.20 Krishnakunjjaladarshini Layout New Bel Road, Bangalore, Karnataka, India – 560054
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Hitech Auto (India) Private Limited, buy the company report.

Comprehensive company report
Hitech Auto (India) 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 Hitech Auto (India) is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities82Office administrative, office support and other business support activities

To see the full business activity and turnover split of Hitech Auto (India) Private Limited, buy the company report.

Financials of Hitech Auto (India) Private Limited

FY 2025 filings available

Hitech Auto (India) Private Limited reported revenue of ₹59,322 for FY 2024.

Revenue · FY 2024
₹59,322
Net loss · FY 2024
₹12.59 Lakh
EBITDA · FY 2024
-₹12.59 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 513%
3 years · compounded
▼ 301%
5 years · compounded
▼ 17%

Revenue has declined at a compounded annual rate (CAGR) of 15% over five years. EBITDA fell 513% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹12.59 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.59 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Hitech Auto (India) Private Limited, buy the company report.

Board of directors of Hitech Auto (India) Private Limited

Hitech Auto (India) has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudheer Anand SabnisManaging Director20 Nov 199827 Years 11 MonthsCurrent
Suhas Anand SabnisDirector20 Nov 199827 Years 11 MonthsCurrent
Krishnamurthy SrihariDirector20 Nov 199827 Years 11 MonthsCurrent

Auditor

Hitech Auto (India) Private Limited is audited by RVKS AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RVKS AND ASSOCIATESFY 2023008572S

Shareholding

The shareholding of Hitech Auto (India) 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 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hitech Auto (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹36.27 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Shamrao Vithal Co-Op Bank Ltd₹0.13 Cr
The Shamraj Vithal Co Operative Bank Ltd.₹0.13 Cr
The Shamrao Vithal Co-Operative Bank Limited₹0.11 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Jun 201010233720The Shamrao Vithal Co-Operative Bank Limited₹10.91 LakhOpen
06 Mar 199990199196The Shamrao Vithal Co-Op Bank Ltd₹12.68 LakhOpen
06 Mar 199990200357The Shamraj Vithal Co Operative Bank Ltd.₹12.68 LakhOpen

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hitech Auto (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Hitech Auto (India) Private Limited has a workforce of 39 employees on its EPFO records as of Sep 28, 2024, across 1 active EPFO establishment.

Employee count
39
Active EPFO establishments
1
Employee growth
-32.76%

GST

Hitech Auto (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Hitech Auto (India) Private Limited, buy the company report.

Recent activity

Hitech Auto (India) Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Krishnamurthy Srihari was appointed as Director on 20 Nov 1998.

AGM
Hitech Auto (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hitech Auto (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with The Shamrao Vithal Co-Operative Bank Limited amounted to Rs. 10.91 Lakh with Charge ID 10233720 was registered on 07 Jun 2010.
Charges
A charge with The Shamrao Vithal Co-Op Bank Ltd amounted to Rs. 12.68 Lakh with Charge ID 90199196 was registered on 06 Mar 1999.
Charges
A charge with The Shamraj Vithal Co Operative Bank Ltd. amounted to Rs. 12.68 Lakh with Charge ID 90200357 was registered on 06 Mar 1999.
Appointed
Krishnamurthy Srihari was appointed as Director.
Appointed
Sudheer Anand Sabnis was appointed as Managing Director.
Appointed
Suhas Anand Sabnis was appointed as Director.
Incorporation
20 Nov 1998
Hitech Auto (India) Private Limited was registered on 20 Nov 1998 with Roc Bangalore & aged 27 years 11 months as per MCA records.

Frequently asked questions

Hitech Auto (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 20 November 1998 (28+ years old) and is registered under CIN U34300KA1998PTC024437.

Hitech Auto (India) has 3 current directors:

The latest financial statements of Hitech Auto (India) 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.

No. Hitech Auto (India) has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Hitech Auto (India) is U34300KA1998PTC024437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hitech Auto (India) was incorporated on 20 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.

Krishnamurthy Srihari was appointed as Director on 20 Nov 1998. Sudheer Anand Sabnis was appointed as Managing Director on 20 Nov 1998. Suhas Anand Sabnis was appointed as Director on 20 Nov 1998.

The registered office of Hitech Auto (India) is at No.20 Krishnakunjjaladarshini Layout New Bel Road, Bangalore, Karnataka, India – 560054.

Hitech Auto (India) operates in the automotive industry, in the auto dealership and trading segment.

Hitech Auto (India) has open charges of ₹36.27 Lakh and no satisfied charges on record as per latest MCA filings.