- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-10-0011404

About Hitech Wear Private Limited
Data last updated:
Hitech Wear Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 05 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U18101MP2007PTC019433. Its GSTIN is 23AABCH8420R1ZB (Madhya Pradesh).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Sanjeev Agarwal and Sharmila Agarwal.
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 142 – A Kalpana Nagar, Bhopal, Madhya Pradesh, India – 462022.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.68 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹2.96 Lakh (net margin 1.8%) and EBITDA of ₹14.32 Lakh (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1.1 Cr and satisfied charges of ₹2.07 Cr on record.
Hitech Wear Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0011404). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechwear.in.
Company details
Recognitions & Rankings of Hitech Wear
Contact details
Hitech Wear Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is hitechwear.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address142 – A Kalpana Nagar, Bhopal, Madhya Pradesh, India – 462022
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Hitech Wear 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 Wear is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hitech Wear Private Limited, buy the company report.
Financials of Hitech Wear Private Limited
FY 2025 filings availableHitech Wear Private Limited reported revenue of ₹1.68 Cr (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 47% fall in the latest year. EBITDA fell 23% 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 | ₹14.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.96 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 | 8.5% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hitech Wear Private Limited, buy the company report.
Board of directors of Hitech Wear Private Limited
Hitech Wear has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Agarwal | Director | 05 Apr 2007 | 19 Years 6 Months | Current |
| Sharmila Agarwal | Director | 05 Apr 2007 | 19 Years 6 Months | Current |
Peer comparison
Hitech Wear Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Priya Yarns Private Limited | ₹1.69 Cr (FY 2025) | 57.0% | Rajasthan, India | |||
| Amit Fabricators Pvt Ltd | ₹1.69 Cr (FY 2024) | -41.0% | Kolkata, West Bengal, India | |||
| Hitech Wear Private Limitedthis company | ₹1.68 Cr (FY 2025) | ₹2.96 Lakh | 1.8% | -47.0% | Bhopal, Madhya Pradesh, India | |
| Shivdani Vyapaar Private Limited | ₹1.68 Cr (FY 2024) | -86.0% | Kolkata, West Bengal, India | |||
| H M F Carpets Pvt Ltd | ₹1.68 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hitech Wear Private Limited, buy the company report.
Auditor
Hitech Wear Private Limited is audited by DINESH SINGHAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH SINGHAL & CO | FY 2021 | 005897C |
Shareholding
The shareholding of Hitech Wear Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hitech Wear Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2018 | 100176709 | Others | ₹1.1 Cr | Open | |
| 10 Sep 2007 | 10070307 | State Bank of India | ₹2.07 Cr | Satisfied |
To see the full charge records of Hitech Wear Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hitech Wear Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hitech Wear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hitech Wear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCH8420R1ZB | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hitech Wear Private Limited, buy the company report.
Recent activity
Hitech Wear Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Sanjeev Agarwal was appointed as Director on 05 Apr 2007.
Frequently asked questions
Hitech Wear is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 05 April 2007 (19+ years old) and is registered under CIN U18101MP2007PTC019433.
Hitech Wear has 2 current directors:
- Sanjeev Agarwal - Director
- Sharmila Agarwal - Director
The latest financial statements of Hitech Wear on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hitech Wear is 23AABCH8420R1ZB, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Hitech Wear is U18101MP2007PTC019433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitech Wear was incorporated on 05 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Hitech Wear by revenue are Priya Yarns Private Limited, Amit Fabricators Pvt Ltd, Shivdani Vyapaar Private Limited, H M F Carpets Pvt Ltd, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sanjeev Agarwal was appointed as Director on 05 Apr 2007. Sharmila Agarwal was appointed as Director on 05 Apr 2007.
Yes, Hitech Wear is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-10-0011404).
Hitech Wear can be reached through the website hitechwear.in. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Hitech Wear is at 142 – A Kalpana Nagar, Bhopal, Madhya Pradesh, India – 462022.