Hitkari Hitech Private Limited

Hitkari Hitech Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U16003MH1993PTC072492 Incorporated 21 June 1993 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME · Medium
Data last updated
Revenue · FY 2024
₹69.08 Cr
▲ 14% YoY
Net profit · FY 2024
₹1.59 Cr
Net margin 2.3%
EBITDA · FY 2024
₹3.2 Cr
EBITDA margin 4.6%
Authorised capital
₹3.3 Cr
Registered with MCA
Paid-up capital
₹3.22 Cr
Issued & subscribed
Open charges
₹33 Cr
Satisfied ₹45.54 Cr
Company age
33 yrs
Est. 1993
Directors on board
2
As per MCA filings

About Hitkari Hitech Private Limited

Data last updated:

Hitkari Hitech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 21 June 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U16003MH1993PTC072492. Its GSTIN is 27AAACH5946F1ZK (Maharashtra). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹3.3 Cr and a paid-up capital of ₹3.22 Cr. It was formerly known as Hitkari Hitech Fibres Private Limited and Hitkari Hitech Filters Pvt Ltd. It is led by directors Siddhi Bharat Badiyani and Virender Sharma.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹69.08 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Cr (net margin 2.3%) and EBITDA of ₹3.2 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 2% over five years.

The company is associated with 1 brand: Hitkari Hitech. As per MCA filings, the company has open charges of ₹33 Cr and satisfied charges of ₹45.54 Cr on record. Court records list 17 cases involving the company, including 8 filed by the company and 9 filed against it; 2 cases are pending. The company has 10 deals on record (4 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹3.85 Cr; the latest was in August 2021. The company has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 9 overdue payments to 3 micro and small suppliers.

Hitkari Hitech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0016593). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitkarihitechfibres.com.

Company details

CIN U16003MH1993PTC072492
Registration Number 072492
Incorporation Date 21 June 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0016593

Name history

Hitkari Hitech has undergone 3 name changes throughout its history. The company was previously known as Hitkari Hitech Fibres Private Limited, Hitkari Hitech Filters Pvt Ltd, and Hitkari Hitech Fibres Limited. The current legal name is Hitkari Hitech Private Limited.

Company NameStatus
Hitkari Hitech Private LimitedCurrent
Hitkari Hitech Fibres Private LimitedPrevious
Hitkari Hitech Filters Pvt LtdPrevious
Hitkari Hitech Fibres LimitedPrevious

CIN history

Hitkari Hitech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U16003MH1993PTC072492, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U16003MH1993PTC072492Current
U16003MH1993PLC072492Previous
U16003GJ1993PTC174834Previous

Recognitions & Rankings of Hitkari Hitech

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0016593

Contact details

Hitkari Hitech Private Limited's registered office is in Mumbai, Maharashtra. Its website is hitkarihitechfibres.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    F 104, Remi Bizcourt Off Veera Desai Road, Mumbai, Maharashtra, India – 400053
  • Industry
    Consumer Goods, Home Furnishings Manufacturing

To see the full contact details of Hitkari Hitech Private Limited, buy the company report.

Comprehensive company report
Hitkari Hitech 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

Hitkari Hitech operates one associated brand: Hitkari Hitech. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures automotive interior carpets, moulded products, and insulation solutions for OEMs.hitkarihitechfibres.com

Business activity

The main business activity of Hitkari Hitech is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Hitkari Hitech Private Limited, buy the company report.

Financials of Hitkari Hitech Private Limited

FY 2025 filings available

Hitkari Hitech Private Limited reported revenue of ₹69.08 Cr (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹69.08 Cr ▲ 14%
Net profit · FY 2024
₹1.59 Cr margin 2.3%
EBITDA · FY 2024
₹3.2 Cr margin 4.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 18%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 62%
5 years · compounded
▼ 10%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 14% growth in the latest year. EBITDA fell 45% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.59 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.6%
Net Profit Margin2.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
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 Hitkari Hitech Private Limited, buy the company report.

Board of directors of Hitkari Hitech Private Limited

Hitkari Hitech has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Siddhi Bharat BadiyaniDirector01 May 20215 Years 5 MonthsCurrent
Virender SharmaDirector26 Jul 20233 Years 2 MonthsCurrent

Auditor

Hitkari Hitech Private Limited is audited by PRATAP B. SHETH & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRATAP B. SHETH & COFY 2023108140W

Shareholding

The shareholding of Hitkari Hitech 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hitkari Hitech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹33 Cr
Satisfied charges
₹45.54 Cr
Breakdown by lending institutions
The South Indian Bank Limited₹33.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Mar 2024100909725The South Indian Bank Limited₹33 CrOpen
14 Sep 2020100388600Axis Bank Limited₹2.25 CrSatisfied
13 Mar 2018100175084Others₹2 CrSatisfied
30 Jun 2017100118293Others₹11.29 CrSatisfied
12 Jul 2016100044795Axis Bank Limited₹1.5 CrSatisfied

To see the full charge records of Hitkari Hitech Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Hitkari Hitech Private Limited has 10 deals on record (4 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹3.85 Cr; the latest was in August 2021.

Total deals
10
Funding rounds
4
Rights issues
3
Secondary share transfers
3
Disclosed funding
₹3.85 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Aug 2021Rights issue₹4.68 CrInvestors: 2 individuals
Jun 2019Rights issue₹4.72 CrInvestors: Morris Investment Private Limited
Mar 2010Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Spice Energy Private Limited , Spice Energy Private Limited & S R Dakhera
Sep 2008Funding round₹20 LakhInvestors: Spice Energy Private Limited
Mar 2008Secondary share transferUndisclosedBuyer: Spice Energy Private Limited , Spice Energy Private Limited & S R Dakhera
Seller: 2 individuals

To see the full deal history of Hitkari Hitech Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Hitkari Hitech Private Limited was last rated by Crisil on 19 Jul 2021.

Rating agencyRated onRating
Crisil19 Jul 2021

To see the full credit ratings and regulatory alerts of Hitkari Hitech Private Limited, buy the company report.

MSME payment delays

Hitkari Hitech Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 9 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
Abc Nonwovens
Ar Autotex
Jaypee Autocomp

To see the full MSME payment records of Hitkari Hitech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Hitkari Hitech has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACH5946F1ZKMaharashtraActive01 Jul 2017
06AAACH5946F1ZOHaryanaActive01 Jul 2017
24AAACH5946F1ZQGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Hitkari Hitech Private Limited, buy the company report.

Recent activity

Hitkari Hitech Private Limited has 28 board changes on record since 1993: 15 appointments and 13 cessations. The latest: Ashok Baliram Telang ceased to be Director on 03 Sep 2025.

AGM
Hitkari Hitech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with The South Indian Bank Limited of Rs. 33.00 Cr registered on 19 Mar 2024 with Charge ID 100909725 was modified on 12 Sep 2025.
Ceased
Ashok Baliram Telang ceased to be Director.
Filing
Hitkari Hitech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 14 Sep 2020 via Charge ID 100388600 with Axis Bank Limited was fully satisfied on 09 May 2024.
Charges
A charge registered on 12 Jul 2016 via Charge ID 100044795 with Axis Bank Limited was fully satisfied on 09 May 2024.
Charges
A charge registered on 19 Aug 2015 via Charge ID 10590729 with Axis Bank Limited was fully satisfied on 09 May 2024.
Charges
A charge registered on 16 Mar 2015 via Charge ID 10565538 with Axis Bank Limited was fully satisfied on 09 May 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 33.00 Cr with Charge ID 100909725 was registered on 19 Mar 2024.
Appointed
Virender Sharma was appointed as Director.
Charges
A charge registered on 13 Mar 2018 via Charge ID 100175084 with Others was fully satisfied on 28 Feb 2023.
Charges
A charge registered on 30 Jun 2017 via Charge ID 100118293 with Others was fully satisfied on 08 Feb 2023.

41 earlier events are in the company report.

Frequently asked questions

Hitkari Hitech is an active private limited company based in Mumbai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 21 June 1993 (33+ years old) and is registered under CIN U16003MH1993PTC072492.

Hitkari Hitech has 2 current directors:

The latest financial statements of Hitkari Hitech 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 Hitkari Hitech is 27AAACH5946F1ZK, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAACH5946F1ZO (Haryana), 24AAACH5946F1ZQ (Gujarat).

The CIN (Corporate Identification Number) of Hitkari Hitech is U16003MH1993PTC072492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hitkari Hitech has 17 court cases on record: 8 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.

Hitkari Hitech was incorporated on 21 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

Hitkari Hitech has 10 deals on record (4 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹3.85 Cr; the latest was in August 2021.

Ashok Baliram Telang ceased to be Director on 03 Sep 2025. Virender Sharma was appointed as Director on 26 Jul 2023. Archana Vilakshankumar Murarka ceased to be Director on 14 Dec 2021. Hitkari Hitech has 28 board changes on record in total.

Yes, Hitkari Hitech is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0016593).

Hitkari Hitech has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 9 overdue payments to 3 micro and small suppliers. The latest return was filed on 25 Sep 2023.