- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0016593

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
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 Name | Status |
|---|---|
| Hitkari Hitech Private Limited | Current |
| Hitkari Hitech Fibres Private Limited | Previous |
| Hitkari Hitech Filters Pvt Ltd | Previous |
| Hitkari Hitech Fibres Limited | Previous |
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.
| CIN | Status |
|---|---|
| U16003MH1993PTC072492 | Current |
| U16003MH1993PLC072492 | Previous |
| U16003GJ1993PTC174834 | Previous |
Recognitions & Rankings of Hitkari Hitech
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
- Website
- Social Media
- Registered AddressF 104, Remi Bizcourt Off Veera Desai Road, Mumbai, Maharashtra, India – 400053
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Hitkari Hitech 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
Brands
Hitkari Hitech operates one associated brand: Hitkari Hitech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other 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 availableHitkari Hitech Private Limited reported revenue of ₹69.08 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.2 Cr | ||||
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| Net Profit (PAT) | ₹1.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhi Bharat Badiyani | Director | 01 May 2021 | 5 Years 5 Months | Current |
| Virender Sharma | Director | 26 Jul 2023 | 3 Years 2 Months | Current |
Auditor
Hitkari Hitech Private Limited is audited by PRATAP B. SHETH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATAP B. SHETH & CO | FY 2023 | 108140W |
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 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 Hitkari Hitech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2024 | 100909725 | The South Indian Bank Limited | ₹33 Cr | Open | |
| 14 Sep 2020 | 100388600 | Axis Bank Limited | ₹2.25 Cr | Satisfied | |
| 13 Mar 2018 | 100175084 | Others | ₹2 Cr | Satisfied | |
| 30 Jun 2017 | 100118293 | Others | ₹11.29 Cr | Satisfied | |
| 12 Jul 2016 | 100044795 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
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.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Rights issue | ₹4.68 Cr | Investors: 2 individuals |
| Jun 2019 | Rights issue | ₹4.72 Cr | Investors: Morris Investment Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Spice Energy Private Limited , Spice Energy Private Limited & S R Dakhera |
| Sep 2008 | Funding round | ₹20 Lakh | Investors: Spice Energy Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 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.
Legal cases
Hitkari Hitech Private Limited has 17 court cases on record: 8 filed by Hitkari Hitech, 9 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 8 | 2 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Mayur Industries Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed by the company against Lakasha Auto Trim Pvt. Ltd. Cin No. U34300mh1991ptc062639 | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Industrial Product Mfg Co | Disposed |
To see the full case history of Hitkari Hitech 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.
Credit ratings & regulatory alerts
Hitkari Hitech Private Limited was last rated by Crisil on 19 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 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)
| Supplier | Amount due | Due since | Reported 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH5946F1ZK | Maharashtra | Active | 01 Jul 2017 |
| 06AAACH5946F1ZO | Haryana | Active | 01 Jul 2017 |
| 24AAACH5946F1ZQ | Gujarat | Active | 01 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.
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:
- Siddhi Bharat Badiyani - Director
- Virender Sharma - Director
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.