MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0045868
Hitech Solutions Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.3 Cr
▲ 43% YoY
Net profit · FY 2025
₹70.92 Lakh
Net margin 6.3%
EBITDA · FY 2025
₹1.02 Cr
EBITDA margin 9.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.99 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Directors on board
2
As per MCA filings
About Hitech Solutions Private Limited
Data last updated:
Hitech Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 18 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH1991PTC063308. Its GSTIN is 27AAACH1100M1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chetan Bhupendra Shah and Manan Chetan Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 13 Universal Industrial Estate 57 J. P. Road Next To Ah Wadia School Andheri West, Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.3 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹70.92 Lakh (net margin 6.3%) and EBITDA of ₹1.02 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 80% over five years.
The company is associated with 1 brand: Hitech Solution. As per MCA filings, the company has open charges of ₹4.99 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it.
Hitech Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0045868). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechsoln.com.
Company details
CIN U72900MH1991PTC063308
Registration Number 063308
Incorporation Date 18 September 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0045868
Recognitions & Rankings of Hitech Solutions
Contact details
Hitech Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is hitechsoln.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address13 Universal Industrial Estate 57 J. P. Road Next To Ah Wadia School Andheri West, Mumbai, Maharashtra, India – 400058
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Hitech Solutions Private Limited, buy the company report.
Comprehensive company report
Hitech Solutions 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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Brands
Hitech Solutions operates one associated brand: Hitech Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Procurement service provider for oil & gas industry | hitechsoln.com |
Business activity
The main business activities of Hitech Solutions are manufacturing and professional, scientific and technical activities. In detail, this covers repair and installation of machinery and equipment and architectural and engineering activities; technical testing and analysis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 33 | Repair and installation of machinery and equipment | |
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis |
To see the full business activity and turnover split of Hitech Solutions Private Limited, buy the company report.
Financials of Hitech Solutions Private Limited
FY 2024 filings availableHitech Solutions Private Limited reported revenue of ₹11.3 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹11.3 Cr ▲ 43%
Net profit · FY 2025
₹70.92 Lakh margin 6.3%
EBITDA · FY 2025
₹1.02 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 24%
5 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 18%
5 years · compounded
▲ 61%
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 43% growth in the latest year. EBITDA fell 10% 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 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 | ₹1.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.92 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Solutions Private Limited, buy the company report.
Board of directors of Hitech Solutions Private Limited
Hitech Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Bhupendra Shah | Director | 06 Mar 2002 | 24 Years 7 Months | Current |
| Manan Chetan Shah | Director | 23 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Hitech Solutions Private Limited is audited by S M A S H & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M A S H & Co. | FY 2023 | 005678C |
Shareholding
The shareholding of Hitech Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hitech Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2019 | 100313398 | Others | ₹4.99 Cr | Open |
To see the full charge records of Hitech Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Hitech Solutions Private Limited has 9 court cases on record: 1 filed by Hitech Solutions, 8 filed against it. All cases are disposed.
Total cases
9
Filed by the company
1
Filed against the company
8
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Cholamandalam Investment and Finance Company Limited | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Aveco Technologies Pvt Ltd | Disposed |
| District court, Thiruvananthapuram, Kerala | Court case (R.C.P) | Filed against the company by an individual | Disposed |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by an individual | Disposed |
| District court, Gurugram, Haryana | Court case (APP) | Filed against the company by M/S M V Infotech System Pvt Ltd | Disposed |
To see the full case history of Hitech Solutions 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 Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hitech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH1100M1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hitech Solutions Private Limited, buy the company report.
Recent activity
Hitech Solutions Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Sunil Mukundlal Desai ceased to be Director on 18 Jan 2019.
AGM
Hitech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hitech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 499.00 Lakh registered on 24 Dec 2019 with Charge ID 100313398 was modified on 29 Jul 2022.
Charges
A charge with Others amounted to Rs. 499.00 Lakh with Charge ID 100313398 was registered on 24 Dec 2019.
Ceased
Sunil Mukundlal Desai ceased to be Director.
Ceased
Aditya Chetan Shah ceased to be Director.
Appointed
Manan Chetan Shah was appointed as Director.
Appointed
Chetan Bhupendra Shah was appointed as Director.
Incorporation
18 Sep 1991
Hitech Solutions Private Limited was registered on 18 Sep 1991 with Roc Mumbai & aged 35 years 1 month as per MCA records.
Frequently asked questions
Hitech Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 18 September 1991 (35+ years old) and is registered under CIN U72900MH1991PTC063308.
Hitech Solutions has 2 current directors:
- Chetan Bhupendra Shah - Director
- Manan Chetan Shah - Director
The latest financial statements of Hitech Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hitech Solutions is 27AAACH1100M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hitech Solutions is U72900MH1991PTC063308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitech Solutions has 9 court cases on record: 1 filed by the company and 8 filed against it.
Hitech Solutions was incorporated on 18 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunil Mukundlal Desai ceased to be Director on 18 Jan 2019. Aditya Chetan Shah ceased to be Director on 14 Jan 2019. Manan Chetan Shah was appointed as Director on 23 Mar 2012. Hitech Solutions has 4 board changes on record in total.
Yes, Hitech Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0045868).
Hitech Solutions can be reached through the website hitechsoln.com. Its registered office is in Mumbai, Maharashtra, India.
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