Hittco Tools Limited - Company Profile

It is a machinery and equipment public limited company based in Bangalore North, Karnataka, India, established in 1995.
1995 Bangalore North, Karnataka, India Active
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About Hittco Tools Limited

Hittco Tools Limited, a active public limited company, was established on 04 January 1995 in Bangalore North, Karnataka, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: L28939KA1995PLC016888. Registered under ROC Roc Bangalore. it is listed on BSE: 531661. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹6.04 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹7.05 Cr and a net worth of ₹3.25 Cr. Employing 34 professional, Its leadership includes Rajeev Shantilal Desai (Director), Sidharth Bhandari (Director), Rajeev Gobindram Hassanand (Director). Past directors included Satish Ramarao Shimoga, Menezes Braganca Nikhil Fernando De, Joseph Kavalam Mathai. It holds ₹6.59 M open charges and ₹9.76 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at No-17-C, Kiadb Industrial Area,, 2Nd Phase, Peenya, Bangalore North, Karnataka, 560058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L28939KA1995PLC016888

  • Registration Number

    016888

  • Incorporation Date

    04 January 1995

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹6.04 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Listed (BSE: 531661)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 6.04 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.59 M
  • Satisfied Charges ₹ 9.76 Cr
  • Revenue Growth **** 5.77%
  • Profit Growth **** -16.52%
  • Ebitda **** 2.51%
  • Net Worth 22.91%
  • Total Assets -1.36%
Company report

Hittco Tools Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Hittco Tools Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hittco Tools Limited?
Current Directors
Name Designation Appointment Date Status
Rajeev Shantilal Desai Director 14 Aug 2024 Current
Sidharth Bhandari Director 04 Jan 1995 Current
Rajeev Gobindram Hassanand Director 12 Jun 2024 Current
Surendra Bhandari Managing Director 04 Jan 1995 Current
Biligere Shekar Prakash Director 04 Mar 2017 Current
Madhu Bhandari Director 27 Feb 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 13 Aug 2008 Past
Pramod Abcsdd Director 15 Mar 2024 Past
Pramod Abcsdd Director 12 Aug 2016 Past
Pramod Abcsdd Additional Director 25 Sep 2009 Past
Pramod Abcsdd Cfo - Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Hittco Tools.

Hittco Tools Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.77% increase. The company also saw a substantial fall in profitability, with a 16.52% decrease in profit. The company's net worth Soared by an impressive increase of 22.91%.

Hittco Tools revenue growth over time
Hittco Tools profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 5.77%
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*******
*******
*******
Revenue from Operations
*******
 6.61%
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*******
*******
Total Assets
*******
 -1.36%
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*******
*******
*******
Profit or Loss
*******
 -16.52%
*******
*******
*******
*******
Net Worth
*******
 22.91%
*******
*******
*******
*******
EBITDA
*******
 2.51%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hittco Tools?

In 2023, Hittco Tools had a promoter holding of 25.63% and a public holding of 74.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹6,587,500.00

Satisfied Charges

₹97,558,000.00

Charges Breakdown by Lending Institutions
  • Others : 0.66 Cr
Latest Charge Details
Date Lender Amount Status
17 Sep 2021 Others ₹5.50 M Open
27 Aug 2021 Others ₹1.09 M Open
25 Aug 2022 Axis Bank Limited ₹1.30 Cr Satisfied
23 May 2012 Kotak Mahindra Bank Limited ₹3.51 Cr Satisfied
01 Mar 2010 Hdfc Bank Limited ₹6.00 M Satisfied

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How Many Employees Work at Hittco Tools?

Hittco Tools has a workforce of 34 employees as of Jul 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hittco Tools, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hittco Tools's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hittco Tools
Recent Activity within the Organization
  • Annual General Meeting

    Hittco Tools Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Yashvardhan Bhandari was appointed as a CFO was appointed as a CFO on 14 Aug 2025 & has been associated with this company since 8 months 20 days . was recorded as a recent event.

  • Director Appointment

    Progress on Yash Vardhan Bhandari was appointed as a Cfo was appointed as a Cfo on 14 Aug 2025 & has been associated with this company since 8 months 20 days . was documented.

  • Director Appointment

    Progress on Khushboo Agrawal was appointed as a Company Secretary was appointed as a Company Secretary on 14 Aug 2025 & has been associated with this company since 8 months 20 days . was documented.

  • Charges

    The activity A charge registered on 25 Aug 2022 via Charge ID 100613232 with Axis Bank Limited was fully satisfied on 12 Jun 2025. was completed.

  • Director Appointment

    Ravikumar Jayeshbhai Adatariya was appointed as a Cfo was appointed as a Cfo on 26 Apr 2025 & has been associated with this company since 1 year 8 days . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Hittco Tools Limited?

The CIN of Hittco Tools Limited is L28939KA1995PLC016888.

Where is Hittco Tools Limited headquartered?

Hittco Tools Limited is headquartered at No-17-C, Kiadb Industrial Area,, 2Nd Phase, Peenya, Bangalore North, Karnataka, 560058.

When was Hittco Tools Limited incorporated?

Hittco Tools Limited was incorporated on 04 January 1995.

Who are the current directors of Hittco Tools Limited?

The current directors of Hittco Tools Limited are

What is the primary industry of Hittco Tools Limited?

The primary industry of Hittco Tools Limited is Manufacturing.

Is Hittco Tools Limited a listed company?

Hittco Tools Limited is listed. It is listed on BSE: 531661.

What is the capital structure of Hittco Tools Limited?

The authorized capital of Hittco Tools Limited is ₹15.00 Cr, and the paid-up capital is ₹6.04 Cr.

What is the compliance status of Hittco Tools Limited?

The compliance status of Hittco Tools Limited is Compliant.

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