Hitech Refrigration Private Limited
About Hitech Refrigration Private Limited
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Hitech Refrigration Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29100KA2020PTC137663. Its GSTIN is 29AAFCH4036B1ZW (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Ajay Bararia and Swati Bararia.
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 Shop No 3 Ground Flr 134 Mandi Business Center Infantry Road Cross, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.94 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹89.54 Lakh (net margin 3.7%) and EBITDA of ₹1.52 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr on record.
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- Registered AddressShop No 3 Ground Flr 134 Mandi Business Center Infantry Road Cross, Bangalore, Karnataka, India – 560001
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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 Refrigration Private Limited
The main business activity of Hitech Refrigration is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Refrigration Private Limited FY 2025 filings available
Hitech Refrigration Private Limited reported revenue of ₹23.94 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hitech Refrigration Private Limited
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 2% 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 Refrigration Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹89.54 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 Refrigration Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 Refrigration are in the company report.
Financial statements from FY 2021
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 Refrigration Private Limited
Hitech Refrigration Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VS & B Domestic Container Solutions Private Limited | ₹24.38 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| Aquagenics Research&Development India Private Limited | ₹24.35 Cr (FY 2024) | •••• | •••• | 74.0% | •••• | Bangalore, Karnataka, India |
| Enersmith India Private Limited | ₹24.16 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Sara Sales Private Limited | ₹24.15 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Dilshad Garden, Delhi, India |
| MG Worldwide Private Limited | ₹23.94 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Hitech Refrigration Private Limited this company | ₹23.94 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Trinity Tradex Private Limited | ₹23.92 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Eminent Computers Private Limited | ₹23.92 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Gopaldas Hiranand Private Limited | ₹23.91 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Rewa, Madhya Pradesh, India |
| Sunchem Marketing Private Limited | ₹23.87 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Fluidline Systems & Controls Private Limited | ₹23.76 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Hitech Refrigration by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hitech Refrigration Private Limited
Hitech Refrigration Private Limited is audited by GVNKA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GVNKA & Associates | 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 Refrigration Private Limited
Hitech Refrigration has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Bararia Also directs: Samritu Electric & Rehva LLP, Seamless Automation Private Limited, Active Motions Private Limited and 1 more | Director | 25 Aug 2020 | 6 Years 1 Months | Current |
| Swati Bararia | Director | 25 Aug 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Hitech Refrigration 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 Refrigration Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2025 | Axis Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Hitech Refrigration Private Limited
Hitech Refrigration Private Limited has a workforce of 14 employees as of Mar 28, 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 Refrigration Private Limited
Hitech Refrigration Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ajay Bararia was appointed as Director on 25 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Hitech Refrigration 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 Refrigration 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 Refrigration 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 Refrigration Private Limited
Hitech Refrigration has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH4036B1ZW | Karnataka | Active | 08 Sep 2020 |
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 Refrigration 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 Refrigration Private Limited
Hitech Refrigration is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 25 August 2020 (6+ years old) and is registered under CIN U29100KA2020PTC137663.
Hitech Refrigration reported revenue of ₹23.94 Cr for FY 2025 (down 11% YoY).
Hitech Refrigration has 2 current directors:
- Ajay Bararia - Director
- Swati Bararia - Director
Hitech Refrigration reported a net profit of ₹89.54 Lakh (net margin 3.7%) and EBITDA of ₹1.52 Cr (EBITDA margin 6.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hitech Refrigration is 19% over three years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hitech Refrigration is 29AAFCH4036B1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Hitech Refrigration is U29100KA2020PTC137663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitech Refrigration was incorporated on 25 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hitech Refrigration by revenue are VS & B Domestic Container Solutions Private Limited, Aquagenics Research&Development India Private Limited, Enersmith India Private Limited, Sara Sales Private Limited, MG Worldwide Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Ajay Bararia was appointed as Director on 25 Aug 2020. Swati Bararia was appointed as Director on 25 Aug 2020.
The registered office of Hitech Refrigration is at Shop No 3 Ground Flr 134 Mandi Business Center Infantry Road Cross, Bangalore, Karnataka, India – 560001.