About Hitech Car Masters Private Limited
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Hitech Car Masters Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Chanson Motors Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 11 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U50300DL2011PTC215725. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Harjeet Singh Chandhok and Daljeet Kaur.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. 45 – 46 – 48 B – Block Keshopur Industrial Area Opp. H – Block, Vikaspuri, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2019, the company reported a revenue of ₹40,175, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹4.14 Lakh and EBITDA of -₹1.4 Lakh (EBITDA margin -349.5%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 75% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.54 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechcarmasters.com.
Company details
Contact details
Hitech Car Masters Private Limited's registered office is in New Delhi, Delhi. Its website is hitechcarmasters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 45 – 46 – 48 B – Block Keshopur Industrial Area Opp. H – Block, Vikaspuri, New Delhi, Delhi, India – 110018
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Hitech Car Masters 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 Hitech Car Masters is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Hitech Car Masters Private Limited, buy the company report.
Financials of Hitech Car Masters Private Limited
FY 2022 filings availableHitech Car Masters Private Limited reported revenue of ₹40,175 (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 99% fall in the latest year. EBITDA rose 95% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹40,175 | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.14 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -349.5% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hitech Car Masters Private Limited, buy the company report.
Board of directors of Hitech Car Masters Private Limited
Hitech Car Masters has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjeet Singh Chandhok Also directs: Chanson Cozy Coach Private Limited, Chanson Motors Private Limited, Chanson Hotels Private Limited and 3 more | Director | 11 Mar 2011 | 15 Years 7 Months | Current |
| Daljeet Kaur | Director | 11 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Hitech Car Masters Private Limited is audited by M T M & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M T M & ASSOCIATES | FY 2019 | 015286N |
Shareholding
The shareholding of Hitech Car Masters Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hitech Car Masters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2013 | 10478243 | Standard Chartered Bank | ₹3 Cr | Open | |
| 27 Oct 2012 | 10386184 | Standard Chartered Bank | ₹1.5 Cr | Open | |
| 27 Oct 2012 | 10386185 | Standard Chartered Bank | ₹35.2 Cr | Open | |
| 27 Oct 2012 | 10389028 | Standard Chartered Bank | ₹75 Lakh | Open | |
| 24 Jul 2012 | 10371359 | Corporation Bank | ₹3 Lakh | Open |
To see the full charge records of Hitech Car Masters Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Hitech Car Masters Private Limited has 2 court cases on record: 1 filed by Hitech Car Masters, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Interim or miscellaneous application | Filed against the company by M/S Wuerth India Pvt. Ltd. | Disposed |
| District court, South West, Delhi | Court case (ESIC) | Filed by the company against Assistant Director Employees State Insurance Corporation | Pending |
To see the full case history of Hitech Car Masters Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Hitech Car Masters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hitech Car Masters Private Limited has a workforce of 15 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Hitech Car Masters has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hitech Car Masters Private Limited, buy the company report.
Recent activity
Hitech Car Masters Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Daljeet Kaur was appointed as Director on 11 Mar 2011.
1 earlier event is in the company report.
Frequently asked questions
Hitech Car Masters is an active private limited company based in New Delhi, Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 11 March 2011 (15+ years old) and is registered under CIN U50300DL2011PTC215725.
Hitech Car Masters has 2 current directors:
- Harjeet Singh Chandhok - Director
- Daljeet Kaur - Director
The latest financial statements of Hitech Car Masters on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Hitech Car Masters has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hitech Car Masters is U50300DL2011PTC215725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitech Car Masters has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Hitech Car Masters was incorporated on 11 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Daljeet Kaur was appointed as Director on 11 Mar 2011. Harjeet Singh Chandhok was appointed as Director on 11 Mar 2011.
Hitech Car Masters can be reached through the website hitechcarmasters.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Hitech Car Masters is at Plot No. 45 – 46 – 48 B – Block Keshopur Industrial Area Opp. H – Block, Vikaspuri, New Delhi, Delhi, India – 110018.