- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0032697

About Hitkari Multi Products Private Limited
Data last updated:
Hitkari Multi Products Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 08 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1988PTC046427. Its GSTIN is 06AAACM5788J1Z2 (Haryana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Maliram Makharia Projects Private Limited. It is led by directors Bhagwanprasad Jagannath Sharma and Sulochana Shivprakash Makharia.
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 413 – G Basant Wadi Kalbhadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.38 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹14.27 Lakh (net margin 0.6%) and EBITDA of ₹1.22 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 445% over five years.
As per MCA filings, the company has open charges of ₹5.92 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
Hitkari Multi Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0032697). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitkarimulti.com.
Company details
CIN history
Hitkari Multi Products has one previous CIN (Corporate Identification Number): U24200MH1988PTC046427. The current CIN is U74110MH1988PTC046427, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1988PTC046427 | Current |
| U24200MH1988PTC046427 | Previous |
Recognitions & Rankings of Hitkari Multi Products
Contact details
Hitkari Multi Products Private Limited's registered office is in Mumbai, Maharashtra. Its website is hitkarimulti.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address413 – G Basant Wadi Kalbhadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Hitkari Multi Products 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 Hitkari Multi Products is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Hitkari Multi Products Private Limited, buy the company report.
Financials of Hitkari Multi Products Private Limited
FY 2025 filings availableHitkari Multi Products Private Limited reported revenue of ₹25.38 Cr (up 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 445% over five years, including 75% growth in the latest year. EBITDA rose 200% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.38 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.27 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 4.8% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Hitkari Multi Products Private Limited, buy the company report.
Board of directors of Hitkari Multi Products Private Limited
Hitkari Multi Products has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwanprasad Jagannath Sharma | Director | 31 Mar 2019 | 7 Years 7 Months | Current |
| Sulochana Shivprakash Makharia | Additional Director | 13 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Hitkari Multi Products Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers, Lifestyle and Accessories Manufacturers, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diplast Plastics Limited | ₹25.44 Cr (FY 2024) | 12.0% | Ropar, Punjab, India | |||
| Hitkari Multi Products Private Limitedthis company | ₹25.38 Cr (FY 2024) | ₹14.27 Lakh | 0.6% | 75.0% | Mumbai, Maharashtra, India | |
| Bolton Petforms Private Limited | ₹25.28 Cr (FY 2024) | 31.0% | Chennai, Tamil Nadu, India | |||
| Ayka Mould Tech Industries Limited | ₹25.25 Cr (FY 2018) | Pimpalgaon, Maharashtra, India |
To see the full peer comparison of Hitkari Multi Products Private Limited, buy the company report.
Auditor
Hitkari Multi Products Private Limited is audited by N. G. Jain & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. G. Jain & Co. | FY 2024 | 103941W |
Shareholding
The shareholding of Hitkari Multi Products Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hitkari Multi Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2022 | 100551172 | Others | ₹4.88 Cr | Open | |
| 26 May 1993 | 90141764 | State Bank of Indore | ₹12 Lakh | Open | |
| 18 Jan 1990 | 90149190 | State Bank of Indore | ₹11 Lakh | Open | |
| 26 Dec 1989 | 90141672 | State Bank of Indore | ₹28.4 Lakh | Open | |
| 26 Oct 1989 | 90149189 | State Bank of Indore | ₹28.4 Lakh | Open |
To see the full charge records of Hitkari Multi Products Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Hitkari Multi Products Private Limited has 5 court cases on record: 3 filed by Hitkari Multi Products, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by Tex Corp Pvt Ltd Through Ar Kamal Prakash | Disposed |
| District court, East, Delhi | Cheque dishonour complaint | Filed against the company by Brothers Incorporation | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed by the company against Brothers Inc. | Pending |
| Supreme Court | Court case | Filed by the company against The Union of India | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India and 2 Ors | Disposed |
To see the full case history of Hitkari Multi Products 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 Hitkari Multi Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hitkari Multi Products has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACM5788J1Z2 | Haryana | Active | 02 Nov 2021 |
| 24AAACM5788J1Z4 | Gujarat | Active | 19 Feb 2022 |
| 09AAACM5788J1ZW | Uttar Pradesh | Active | 17 Oct 2024 |
To see the full GST registrations and return filing status of Hitkari Multi Products Private Limited, buy the company report.
Recent activity
Hitkari Multi Products Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Pradeepkumar Radhakishan Jain ceased to be Director on 13 Aug 2021.
8 earlier events are in the company report.
Frequently asked questions
Hitkari Multi Products is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 08 March 1988 (38+ years old) and is registered under CIN U74110MH1988PTC046427.
Hitkari Multi Products has 2 current directors:
- Bhagwanprasad Jagannath Sharma - Director
- Sulochana Shivprakash Makharia - Additional Director
The latest financial statements of Hitkari Multi Products 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 Multi Products is 06AAACM5788J1Z2, registered in Haryana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAACM5788J1Z4 (Gujarat), 09AAACM5788J1ZW (Uttar Pradesh).
The CIN (Corporate Identification Number) of Hitkari Multi Products is U74110MH1988PTC046427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitkari Multi Products has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Hitkari Multi Products was incorporated on 08 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hitkari Multi Products by revenue are Diplast Plastics Limited, Bolton Petforms Private Limited, Ayka Mould Tech Industries Limited, all in the Consumer Products industry (Home Furnishings Manufacturers, Lifestyle and Accessories Manufacturers, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Pradeepkumar Radhakishan Jain ceased to be Director on 13 Aug 2021. Sulochana Shivprakash Makharia was appointed as Additional Director on 13 Aug 2021. Abhishek Pramod Makharia ceased to be Director on 31 Mar 2019. Hitkari Multi Products has 4 board changes on record in total.
Yes, Hitkari Multi Products is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0032697).
Hitkari Multi Products can be reached through the website hitkarimulti.com. Its registered office is in Mumbai, Maharashtra, India.

