About Hitech Electrocomponents Private Limited
Data last updated:
Hitech Electrocomponents Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 11 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29252MH2008PTC188134. Its GSTIN is 29AACCH1761N1Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.02 Lakh. It is led by directors including Gangoli Ramesh Shenoy and Satish Ramesh Shenoy.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 119 1st Floor T.V. Industrial Estate Plot No. 248/A S.K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.33 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹13.86 Lakh (net margin -3.2%) and EBITDA of ₹18.84 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hitech Electrocomponents. As per MCA filings, the company has open charges of ₹1.99 Cr 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 elciar.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address119 1st Floor T.V. Industrial Estate Plot No. 248/A S.K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Hitech Electrocomponents Private Limited
The main business activity of Hitech Electrocomponents is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Hitech Electrocomponents Private Limited FY 2025 filings available
Hitech Electrocomponents Private Limited reported revenue of ₹4.33 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hitech Electrocomponents Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 6% growth in the latest year. EBITDA rose 134% 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 Hitech Electrocomponents 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 | ₹18.84 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.86 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 Hitech Electrocomponents Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Hitech Electrocomponents 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 Hitech Electrocomponents Private Limited
Hitech Electrocomponents Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Power Print Cartridges Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Wissen Automation India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Elma Electronic Private Limited | •••• | •••• | •••• | •••• | 10 | Bangalore, Karnataka, India |
| Survcomm India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Tab and Space Digital Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Hitech Electrocomponents Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Calixto Systems Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| SK Ensure Machinery Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Sociocom Industries Private Limited | •••• | •••• | •••• | •••• | - | Rajahmundry, Andhra Pradesh, India |
| Airveda Technologies Private Limited | •••• | •••• | •••• | •••• | 23 | New Delhi, Delhi, India |
| Signext Display Systems Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hitech Electrocomponents by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), 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 Hitech Electrocomponents Private Limited
Hitech Electrocomponents Private Limited is audited by J H JOSHI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J H JOSHI & CO | 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 Hitech Electrocomponents Private Limited
Hitech Electrocomponents 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 |
|---|---|---|---|---|
| Gangoli Ramesh Shenoy Also directs: Neotroniks Private Limited, Albion Trading Private Limited | Director | 11 Nov 2008 | 17 Years 10 Months | Current |
| Satish Ramesh Shenoy Also directs: Neotroniks Private Limited, Albion Trading Private Limited | Director | 11 Nov 2008 | 17 Years 10 Months | Current |
| Ajit Kamath Cholpady | Director | 16 Aug 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Hitech Electrocomponents 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 Hitech Electrocomponents Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2021 | United Bank of India | ₹19.89 Lakh | Open |
| 15 Sep 2020 | Others | ₹3.76 Lakh | Open |
| 16 Jan 2010 | Others | ₹1.75 Cr | Open |
Total charge records: 3 View all charges
Associated Brands with Hitech Electrocomponents Private Limited
Hitech Electrocomponents operates one associated brand: Hitech Electrocomponents. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electronic capacitors and components in India. | elciar.in |
Employees and EPFO Compliance at Hitech Electrocomponents Private Limited
Hitech Electrocomponents Private Limited has a workforce of 34 employees as of Apr 09, 2024.
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 Hitech Electrocomponents Private Limited
Hitech Electrocomponents Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Ajit Kamath Cholpady ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Hitech Electrocomponents 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 Hitech Electrocomponents 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 Hitech Electrocomponents 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 Hitech Electrocomponents Private Limited
Hitech Electrocomponents has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH1761N1Z8 | Karnataka | 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 Hitech Electrocomponents 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 Hitech Electrocomponents Private Limited
Hitech Electrocomponents is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 11 November 2008 (18+ years old) and is registered under CIN U29252MH2008PTC188134.
Hitech Electrocomponents reported revenue of ₹4.33 Cr for FY 2024 (up 6% YoY).
Hitech Electrocomponents has 3 current directors:
- Gangoli Ramesh Shenoy - Director
- Satish Ramesh Shenoy - Director
- Ajit Kamath Cholpady - Director
Hitech Electrocomponents reported a net loss of ₹13.86 Lakh (net margin -3.2%) and EBITDA of ₹18.84 Lakh (EBITDA margin 4.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hitech Electrocomponents is 13% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hitech Electrocomponents is 29AACCH1761N1Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hitech Electrocomponents is U29252MH2008PTC188134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitech Electrocomponents was incorporated on 11 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hitech Electrocomponents by revenue are Power Print Cartridges Private Limited, Wissen Automation India Private Limited, Elma Electronic Private Limited, Survcomm India Private Limited, Tab and Space Digital Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Ajit Kamath Cholpady ceased to be Additional Director on 29 Sep 2018. Ajit Kamath Cholpady was appointed as Director on 16 Aug 2018. Muralidhar Cholpady Kamath ceased to be Director on 31 Mar 2018. Hitech Electrocomponents has 5 board changes on record in total.
Hitech Electrocomponents can be reached through the website elciar.in. Its registered office is in Mumbai, Maharashtra, India.