About Hi-Tech Boilers Private Limited
Data last updated:
Hi-Tech Boilers Private Limited is a private limited company based in Manjusar, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 18 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28120GJ2004PTC044915. Its GSTIN is 24AABCH5168C1ZX (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vinaykant Bhogilal Parikh and Jayesh Bhagavatiprasad Purani.
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 Plot No – 361 GIDC Estate Village Alindra, Manjusar, Gujarat, India – 391775.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.16 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹27.48 Lakh (net margin 4.5%) and EBITDA of ₹47.98 Lakh (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 2% over five years.
The company is associated with 1 brand: HiTech Boilers. As per MCA filings, the company has open charges of ₹86.3 Lakh and satisfied charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechboilers.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No – 361 GIDC Estate Village Alindra, Manjusar, Gujarat, India – 391775
- 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 Hi-Tech Boilers Private Limited
The main business activity of Hi-Tech Boilers is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Hi-Tech Boilers Private Limited FY 2025 filings available
Hi-Tech Boilers Private Limited reported revenue of ₹6.16 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hi-Tech Boilers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 8% growth in the latest year. EBITDA rose 120% 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 Hi-Tech Boilers Private Limited
| 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 | ₹47.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.48 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 Hi-Tech Boilers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Hi-Tech Boilers 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 Hi-Tech Boilers Private Limited
Hi-Tech Boilers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Boilers, Industrial Products Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elite Thermal Engineers P Ltd | •••• | •••• | •••• | •••• | - | Phaltan, Maharashtra, India |
| Ablaze Polymer Lining and Coating Private Limited | •••• | •••• | •••• | •••• | 21 | Vadodara, Gujarat, India |
| Effimac Equipments Private Limited | •••• | •••• | •••• | •••• | 10 | Delhi, India |
| Precision Storage Vessels Private Limited | •••• | •••• | •••• | •••• | 11 | Vellimalai Town Panchayat, Tamil Nadu, India |
| Aguaclan Water Purifiers Private Limited | •••• | •••• | •••• | •••• | 58 | Coimbatore, Tamil Nadu, India |
| Hi-Tech Boilers Private Limited this company | •••• | •••• | •••• | •••• | - | Manjusar, Gujarat, India |
| Chillmax Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Megastar Coolers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Microtome Automation Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Famak India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Rainkesh Hi-Tech Equipments Private Limited | •••• | •••• | •••• | •••• | - | Haryana, India |
Peers are the five companies nearest above and the five nearest below Hi-Tech Boilers by revenue in the Machinery and Equipment industry (Boilers, Industrial Products Manufacturers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Hi-Tech Boilers Private Limited
Hi-Tech Boilers Private Limited is audited by ASM & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASM & COMPANY | 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 Hi-Tech Boilers Private Limited
Hi-Tech Boilers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinaykant Bhogilal Parikh | Director | 18 Oct 2004 | 21 Years 11 Months | Current |
| Jayesh Bhagavatiprasad Purani | Director | 18 Oct 2004 | 21 Years 11 Months | Current |
Ownership and Shareholding of Hi-Tech Boilers 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 Hi-Tech Boilers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2020 | Others | ₹9.9 Lakh | Open |
| 10 May 2011 | Bank of Baroda | ₹76.4 Lakh | Open |
| 05 Dec 2006 | State Bank of Hyderabad | ₹10 Lakh | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Hi-Tech Boilers Private Limited
Hi-Tech Boilers operates one associated brand: HiTech Boilers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial boilers and thermal equipment in India. | hitechboilers.in |
Employees and EPFO Compliance at Hi-Tech Boilers Private Limited
Employment history and EPFO contributions of people linked to Hi-Tech Boilers.
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.
Recent Activity on Hi-Tech Boilers Private Limited
Hi-Tech Boilers Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Jayesh Bhagavatiprasad Purani was appointed as Director on 18 Oct 2004.
Credit Ratings, Litigation & Regulatory Alerts for Hi-Tech Boilers 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.
MSME Payment Delays by Hi-Tech Boilers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hi-Tech Boilers 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 Hi-Tech Boilers Private Limited
Hi-Tech Boilers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH5168C1ZX | 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 Hi-Tech Boilers 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 Hi-Tech Boilers Private Limited
Hi-Tech Boilers is an active private limited company based in Manjusar, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 18 October 2004 (22+ years old) and is registered under CIN U28120GJ2004PTC044915.
Hi-Tech Boilers reported revenue of ₹6.16 Cr for FY 2024 (up 8% YoY).
Hi-Tech Boilers has 2 current directors:
- Vinaykant Bhogilal Parikh - Director
- Jayesh Bhagavatiprasad Purani - Director
Hi-Tech Boilers reported a net profit of ₹27.48 Lakh (net margin 4.5%) and EBITDA of ₹47.98 Lakh (EBITDA margin 7.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hi-Tech Boilers is 16% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hi-Tech Boilers is 24AABCH5168C1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Hi-Tech Boilers is U28120GJ2004PTC044915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Tech Boilers was incorporated on 18 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hi-Tech Boilers by revenue are Elite Thermal Engineers P Ltd, Ablaze Polymer Lining and Coating Private Limited, Effimac Equipments Private Limited, Precision Storage Vessels Private Limited, Aguaclan Water Purifiers Private Limited and 5 more, all in the Machinery and Equipment industry (Boilers, Industrial Products Manufacturers).
Jayesh Bhagavatiprasad Purani was appointed as Director on 18 Oct 2004. Vinaykant Bhogilal Parikh was appointed as Director on 18 Oct 2004.
Hi-Tech Boilers can be reached through the website hitechboilers.in. Its registered office is in Manjusar, Gujarat, India.