About Hittco Tools Limited
Data last updated: 08 January 2026
Hittco Tools Limited is a public limited company based in Bangalore North, Karnataka, India. It specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 04 January 1995, the company has been in operation for over 31 years.
Registered with ROC Bangalore under CIN L28939KA1995PLC016888. Listed on BSE: 531661.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹6.04 Cr. It is led by directors including Rajeev Shantilal Desai and Sidharth Bhandari.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2024. Office: Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.99 Cr, a decline of 15% compared to the previous year.
The company has a workforce of approximately 34 employees as per the latest available data.
The company is associated with 1 brand - Hittco. As per MCA filings, the company has open charges of ₹65.88 Lakh and satisfied charges of ₹9.76 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hittco.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressNo – 17 – C Kiadb Industrial Area, 2Nd Phase Peenya, Bangalore North, Karnataka, India – 560058
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IndustryMachinery and Equipment, Industrial Tools & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Hittco Tools Limited
Hittco Tools Limited has one previous CIN (Corporate Identification Number): L28939KA1995PTC016888. The current CIN is L28939KA1995PLC016888, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28939KA1995PLC016888 | Current |
| L28939KA1995PTC016888 | Previous |
Associated Brands with Hittco Tools Limited
Hittco Tools Limited operates one associated brand: Hittco. These brands represent Hittco Tools Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cutting tools are manufactured by Hittco in Bengaluru. | hittco.com |
Business Activity of Hittco Tools Limited
Hittco Tools Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | ********* |
Auditor Details of Hittco Tools Limited
Hittco Tools Limited is audited by DTSB & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-04-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| DTSB & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-04-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Hittco Tools Limited
Hittco Tools Limited is currently managed by 11 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Shantilal Desai | Director | 14 Aug 2024 | 1 Years 10 Months | Current |
| Sidharth Bhandari | Director | 04 Jan 1995 | 31 Years 6 Months | Current |
| Rajeev Gobindram Hassanand | Director | 12 Jun 2024 | 2 Years 0 Months | Current |
| Surendra Bhandari | Managing Director | 04 Jan 1995 | 31 Years 6 Months | Current |
| Biligere Shekar Prakash | Director | 04 Mar 2017 | 9 Years 4 Months | Current |
|
Madhu Bhandari
Also directs:
B.I. Realtors Llp, Hitecc Prints (India ) Llp
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Director | 27 Feb 2013 | 13 Years 4 Months | Current |
Financials of Hittco Tools Limited FY 2026 filings available
Hittco Tools Limited reported revenue of ₹8.1 Cr (up 16.59% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8.1 Cr | ₹6.95 Cr | ₹5.97 Cr | ₹7.01 Cr | ₹5.49 Cr | ₹5.49 Cr | ₹5.64 Cr | ₹7.13 Cr |
| Other Income | ₹2.56 Lakh | ₹42.97 Lakh | ₹2.12 Lakh | ₹3.94 Lakh | ₹2.36 Lakh | ₹2.36 Lakh | ₹11.19 Lakh | ₹1.17 Lakh |
| Total Income | ₹8.12 Cr | ₹7.37 Cr | ₹5.99 Cr | ₹7.05 Cr | ₹5.51 Cr | ₹5.51 Cr | ₹5.75 Cr | ₹7.14 Cr |
| Cost of Materials Consumed | ₹3.08 Cr | ₹2.29 Cr | ₹2.15 Cr | ₹2.78 Cr | ₹1.99 Cr | ₹1.99 Cr | ₹2.06 Cr | ₹2.52 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹78.65 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹26.39 Lakh | -₹62.65 Lakh | -₹15.9 Lakh | -₹10.76 Lakh | -₹12.23 Lakh | -₹12.23 Lakh | ₹22.47 Lakh | ₹43.18 Lakh |
| Employee Benefit Expense | ₹2.19 Cr | ₹1.86 Cr | ₹1.62 Cr | ₹1.55 Cr | ₹1.57 Cr | ₹1.57 Cr | ₹1.58 Cr | ₹1.56 Cr |
| Finance Costs | ₹12.78 Lakh | ₹16.99 Lakh | ₹36.26 Lakh | ₹24.98 Lakh | ₹37.35 Lakh | ₹37.35 Lakh | ₹39.19 Lakh | ₹36.41 Lakh |
| Depreciation & Amortisation | ₹65.44 Lakh | ₹60.93 Lakh | ₹61.65 Lakh | ₹77.27 Lakh | ₹52.87 Lakh | ₹52.87 Lakh | ₹71.42 Lakh | ₹69.39 Lakh |
| Other Expenses | ₹2.4 Cr | ₹2.21 Cr | ₹1.23 Cr | ₹1.22 Cr | ₹1.38 Cr | ₹1.38 Cr | ₹1.63 Cr | ₹1.4 Cr |
| Total Expenses | ₹8.71 Cr | ₹7.3 Cr | ₹5.82 Cr | ₹6.46 Cr | ₹5.73 Cr | ₹5.73 Cr | ₹6.6 Cr | ₹6.97 Cr |
| Profit Before Exceptional Items & Tax | -₹59.13 Lakh | ₹7.79 Lakh | ₹17.33 Lakh | ₹58.18 Lakh | -₹21.92 Lakh | -₹21.92 Lakh | -₹84.74 Lakh | ₹16.39 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹14.5 Lakh |
| Profit Before Tax | -₹59.13 Lakh | ₹7.79 Lakh | ₹17.33 Lakh | ₹58.18 Lakh | -₹21.92 Lakh | -₹21.92 Lakh | -₹84.74 Lakh | ₹1.89 Lakh |
| Total Tax Expense | ₹11.6 Lakh | ₹3.87 Lakh | -₹1.42 Lakh | -₹3.74 Lakh | ₹0 | ₹0 | ₹31,000 | -₹13.51 Lakh |
| Net Profit | -₹70.73 Lakh | ₹3.92 Lakh | ₹21.01 Lakh | ₹61.92 Lakh | -₹21.92 Lakh | -₹21.92 Lakh | -₹85.05 Lakh | ₹15.4 Lakh |
| Other Comprehensive Income | -₹1.02 Lakh | ₹0 | ₹0 | -₹1.3 Lakh | -₹21.41 Lakh | ₹51,000 | -₹2.27 Lakh | -₹6.42 Lakh |
| Total Comprehensive Income | -₹71.75 Lakh | ₹3.92 Lakh | ₹21.01 Lakh | ₹60.62 Lakh | -₹43.33 Lakh | -₹21.41 Lakh | -₹87.32 Lakh | ₹8.98 Lakh |
| EBITDA (computed) | ₹19.09 Lakh | ₹85.71 Lakh | ₹1.15 Cr | ₹1.6 Cr | ₹68.3 Lakh | ₹68.3 Lakh | ₹25.87 Lakh | ₹1.22 Cr |
| Basic EPS | ₹0.00 | ₹-0.08 | ₹0.34 | ₹0.94 | ₹-0.35 | ₹-0.36 | ₹-1.51 | ₹0.15 |
| Diluted EPS | ₹0.00 | ₹-0.08 | ₹0.34 | ₹0.94 | ₹-0.35 | ₹-0.36 | ₹-1.51 | ₹0.15 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹875.17 Cr | ₹10.16 Cr | ₹8.35 Cr | ₹8.44 Cr | ₹8.55 Cr | ₹6.79 Cr | ₹6.92 Cr | ₹7.85 Cr |
| Non-current Assets | ₹385.12 Cr | ₹5.47 Cr | ₹4.55 Cr | ₹4.85 Cr | ₹4.78 Cr | ₹3.34 Cr | ₹3.77 Cr | ₹3.93 Cr |
| Current Assets | ₹490.05 Cr | ₹4.69 Cr | ₹3.8 Cr | ₹3.59 Cr | ₹3.78 Cr | ₹3.45 Cr | ₹3.15 Cr | ₹3.92 Cr |
| Property, Plant & Equipment | ₹330.52 Cr | ₹3.88 Cr | ₹2.84 Cr | ₹3.43 Cr | ₹4.18 Cr | ₹2.75 Cr | ₹3.26 Cr | ₹3.7 Cr |
| Inventories | ₹208.49 Cr | ₹1.94 Cr | ₹1.35 Cr | ₹1.14 Cr | ₹99.23 Lakh | ₹97.99 Lakh | ₹92.58 Lakh | ₹1.14 Cr |
| Trade Receivables | ₹153.66 Cr | ₹1.72 Cr | ₹1.45 Cr | ₹2.03 Cr | ₹2.05 Cr | ₹1.97 Cr | ₹1.67 Cr | ₹2.19 Cr |
| Cash & Equivalents | ₹66.95 Cr | ₹49.65 Lakh | ₹6.84 Lakh | ₹7.8 Lakh | ₹1.93 Lakh | ₹37.38 Lakh | ₹29.79 Lakh | ₹37.26 Lakh |
| Equity (Net Worth) | ₹331.19 Cr | ₹3.42 Cr | ₹3.46 Cr | ₹3.25 Cr | ₹2.57 Cr | ₹1.86 Cr | ₹2.07 Cr | ₹2.94 Cr |
| Equity Share Capital | ₹648.1 Cr | ₹6.32 Cr | ₹6.32 Cr | ₹6.32 Cr | ₹6.32 Cr | ₹6.32 Cr | ₹6.32 Cr | ₹6.32 Cr |
| Borrowings (Non-current) | ₹331.08 Cr | ₹4.65 Cr | ₹2.92 Cr | ₹3.26 Cr | ₹3.87 Cr | ₹3.38 Cr | ₹3.34 Cr | ₹3.54 Cr |
| Borrowings (Current) | ₹87.59 Cr | ₹14.56 Lakh | ₹1.01 Cr | ₹66.84 Lakh | ₹50.03 Lakh | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹418.68 Cr | ₹4.8 Cr | ₹3.94 Cr | ₹3.93 Cr | ₹4.37 Cr | ₹3.38 Cr | ₹3.34 Cr | ₹3.54 Cr |
| Current Liabilities | ₹157.47 Cr | ₹1.68 Cr | ₹1.56 Cr | ₹1.49 Cr | ₹1.73 Cr | ₹1.09 Cr | ₹94.62 Lakh | ₹80.52 Lakh |
| Total Liabilities | ₹543.98 Cr | ₹6.74 Cr | ₹4.89 Cr | ₹5.19 Cr | ₹5.99 Cr | ₹4.93 Cr | ₹4.85 Cr | ₹4.91 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹1.08 Cr | ₹8.79 Lakh | ₹72.06 Lakh | ₹1.09 Cr | ₹1.66 Cr |
| Investing Cash Flow | -₹6.38 Lakh | -₹1.21 Cr | -₹3.14 Lakh | -₹1.83 Lakh | -₹2.03 Cr |
| Financing Cash Flow | -₹83.98 Lakh | ₹1.55 Cr | -₹69.88 Lakh | -₹86.33 Lakh | ₹22.89 Lakh |
| Capital Expenditure | ₹8.29 Lakh | ₹1.67 Cr | ₹0 | ₹3.72 Lakh | ₹2.05 Cr |
| Free Cash Flow (computed) | ₹99.8 Lakh | -₹1.58 Cr | ₹72.06 Lakh | ₹1.05 Cr | -₹38.07 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹17.73 Lakh | ₹42.37 Lakh | -₹96,500 | -₹37.64 Lakh | ₹8.05 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.47 Cr | ₹1.91 Cr | ₹2.04 Cr | ₹1.67 Cr | ₹2.62 Cr | ₹1.55 Cr | ₹1.38 Cr | ₹1.29 Cr |
| Other Income | ₹1.36 Lakh | ₹7,000 | ₹51,000 | ₹62,000 | ₹41.94 Lakh | ₹0 | ₹0 | ₹1.01 Lakh |
| Total Income | ₹2.49 Cr | ₹1.91 Cr | ₹2.05 Cr | ₹1.68 Cr | ₹3.03 Cr | ₹1.55 Cr | ₹1.38 Cr | ₹1.3 Cr |
| Cost of Materials Consumed | ₹85.69 Lakh | ₹93.5 Lakh | ₹78.74 Lakh | ₹50.5 Lakh | ₹67.84 Lakh | ₹57.13 Lakh | ₹51.45 Lakh | ₹52.33 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹78.65 Lakh | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹5.25 Lakh | -₹5.87 Lakh | ₹16.74 Lakh | ₹20.78 Lakh | -₹57.49 Lakh | -₹14.35 Lakh | -₹5.86 Lakh | ₹11.8 Lakh |
| Employee Benefit Expense | ₹59.76 Lakh | ₹55.25 Lakh | ₹57.16 Lakh | ₹46.39 Lakh | ₹58.83 Lakh | ₹49.51 Lakh | ₹41.42 Lakh | ₹38.45 Lakh |
| Finance Costs | ₹5.13 Lakh | ₹3.15 Lakh | ₹3.69 Lakh | ₹81,000 | -₹4.59 Lakh | ₹49,000 | ₹6.92 Lakh | ₹9.11 Lakh |
| Depreciation & Amortisation | ₹30.42 Lakh | ₹0 | ₹17.51 Lakh | ₹17.51 Lakh | ₹17.98 Lakh | ₹15.92 Lakh | ₹13.38 Lakh | ₹12.07 Lakh |
| Other Expenses | ₹52.79 Lakh | ₹71.28 Lakh | ₹55.36 Lakh | ₹60.42 Lakh | ₹85.96 Lakh | ₹62.73 Lakh | ₹59.25 Lakh | ₹40.61 Lakh |
| Total Expenses | ₹2.29 Cr | ₹2.17 Cr | ₹2.29 Cr | ₹1.96 Cr | ₹2.47 Cr | ₹1.71 Cr | ₹1.67 Cr | ₹1.64 Cr |
| Profit Before Exceptional Items & Tax | ₹20.21 Lakh | -₹26.01 Lakh | -₹24.56 Lakh | -₹28.79 Lakh | ₹56.3 Lakh | -₹16.2 Lakh | -₹29.06 Lakh | -₹33.94 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹4.55 Lakh | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹20.21 Lakh | -₹26.01 Lakh | -₹24.56 Lakh | -₹28.79 Lakh | ₹51.75 Lakh | -₹16.2 Lakh | -₹29.06 Lakh | -₹33.94 Lakh |
| Total Tax Expense | ₹8.42 Lakh | ₹0 | ₹0 | ₹0 | ₹8.42 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹11.79 Lakh | -₹26.01 Lakh | -₹24.56 Lakh | -₹28.79 Lakh | ₹43.33 Lakh | -₹16.2 Lakh | -₹29.06 Lakh | -₹33.94 Lakh |
| Other Comprehensive Income | -₹4.55 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹7.24 Lakh | -₹26.01 Lakh | -₹24.56 Lakh | -₹28.79 Lakh | ₹43.33 Lakh | -₹16.2 Lakh | -₹29.06 Lakh | -₹33.94 Lakh |
| EBITDA (computed) | ₹55.76 Lakh | -₹22.86 Lakh | -₹3.36 Lakh | -₹10.47 Lakh | ₹69.69 Lakh | ₹21,000 | -₹8.76 Lakh | -₹12.76 Lakh |
| Basic EPS | ₹0.12 | ₹-0.43 | ₹0.00 | ₹-0.48 | ₹0.72 | ₹-0.27 | ₹-0.49 | ₹-0.56 |
| Diluted EPS | ₹0.12 | ₹-0.43 | ₹0.00 | ₹-0.48 | ₹0.72 | ₹-0.27 | ₹-0.49 | ₹-0.56 |
Shareholding Pattern of Hittco Tools Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 28.37%, retail and other public shareholders hold 71.63% of Hittco Tools Limited. The company had 4,906 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 28.37% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% |
| Public | 71.63% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 28.37% | 25.63% | 25.63% |
| Public | 71.63% | 74.37% | 74.37% |
| Promoter change (YoY, %pts) | +2.74 | +0.00 | - |
Charges & Borrowings of Hittco Tools Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2021 | Others | ₹55 Lakh | Open |
| 27 Aug 2021 | Others | ₹10.88 Lakh | Open |
| 25 Aug 2022 | Axis Bank Limited | ₹1.3 Cr | Satisfied |
| 23 May 2012 | Kotak Mahindra Bank Limited | ₹3.51 Cr | Satisfied |
| 01 Mar 2010 | Hdfc Bank Limited | ₹60 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Hittco Tools Limited
Hittco Tools Limited has a workforce of 34 employees as of Jul 21, 2024.
Employee Count & EPFO Data of Hittco Tools Limited
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GST Compliance of Hittco Tools Limited
GSTIN & GST Filing Data of Hittco Tools Limited
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Credit Ratings, Litigation & Regulatory Alerts for Hittco Tools Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Hittco Tools Limited
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MSME Payment Delays by Hittco Tools Limited
MSME Payment Delays by Hittco Tools Limited
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Subsidiaries & Group Companies of Hittco Tools Limited
Subsidiaries & Group Companies of Hittco Tools Limited
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MCA Filings & Documents of Hittco Tools Limited
MCA Filings & Documents of Hittco Tools Limited
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Recent Activity on Hittco Tools Limited
Frequently Asked Questions about Hittco Tools Limited
Hittco Tools Limited is an active public limited company in the machinery and equipment sector based in Bangalore North, Karnataka, India. It was incorporated on 04 January 1995 (31+ years old) and is registered under CIN L28939KA1995PLC016888. Listed on BSE: 531661. The company has 34 employees.
Hittco Tools Limited reported revenue of ₹5.99 Cr for FY 2024 (down 15.00% YoY).
The current directors of Hittco Tools Limited are:
- Sarita Kirnani
- Rajeev Shantilal Desai
- Sidharth Bhandari
- Rajeev Gobindram Hassanand
- Surendra Bhandari
- Biligere Shekar Prakash
- Madhu Bhandari
- Yashvardhan Bhandari
- Ravikumar Jayeshbhai Adatariya
- Yash Vardhan Bhandari
- Khushboo Agrawal
The primary industry of Hittco Tools Limited is machinery and equipment. The company specifically operates in industrial tools and components. The company is currently active in this sector.
Yes. Hittco Tools Limited is listed on BSE with code 531661.
Hittco Tools Limited can be reached at the registered office: No – 17 – C Kiadb Industrial Area, 2Nd Phase Peenya, Bangalore North, Karnataka, India – 560058, or through the website hittco.com.