
HL Coal Private Limited
About HL Coal Private Limited
Data last updated:
HL Coal Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 21 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51102GJ2004PTC044491. Its GSTIN is 24AABCH4603G1Z3 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹19.33 Lakh. It is led by directors including Upesh Heeralal Bangur and Rameshchandra Laxminarayan Bangur.
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 00222/Paiki/16/12 Opp Nagarvel Hanuman Temple Rakhial, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.91 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹59,966 (net margin 0%) and EBITDA of ₹80.93 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹7.11 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address00222/Paiki/16/12 Opp Nagarvel Hanuman Temple Rakhial, Ahmedabad, Gujarat, India – 380023
- IndustryMetals and Minerals, Other Metals & Minerals
- 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
- One PDF report, delivered after checkout
Business Activity of HL Coal Private Limited
The main business activity of HL Coal is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of HL Coal Private Limited FY 2025 filings available
HL Coal Private Limited reported revenue of ₹24.91 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HL Coal Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 36% 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 of HL Coal Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹80.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹59,966 | •••• | •••• | •••• | •••• |
| 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 of HL Coal Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of HL Coal are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of HL Coal Private Limited
HL Coal Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metmin Commtrade Private Limited | ₹25.22 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Dhanbad, Jharkhand, India |
| Tiya Engineering and Electronics Private Limited | ₹25.18 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
| Preeti Caps Private Limited | ₹25.17 Cr (FY 2025) | •••• | •••• | 571.0% | •••• | Nashik, Maharashtra, India |
| Shrinika Impex Private Limited | ₹24.99 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Bhilai, Chhattisgarh, India |
| Ispatika International Limited | ₹24.92 Cr (FY 2024) | •••• | •••• | 360.0% | •••• | New Delhi, Delhi, India |
| HL Coal Private Limited this company | ₹24.91 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Ahmedabad, Gujarat, India |
| Accord Trading India Private Limited | ₹24.91 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Flowtop Realtors Private Limited | ₹24.77 Cr (FY 2024) | •••• | •••• | 2272018.0% | •••• | Kolkata, West Bengal, India |
| Kunwar Energy Resources Private Limited | ₹24.74 Cr (FY 2024) | •••• | •••• | •••• | Gorakhpur, Uttar Pradesh, India | |
| Bansal Recycler Private Limited | ₹24.7 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Delhi, India |
| Shri Karshni Alloys Private Limited | ₹24.68 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below HL Coal by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of HL Coal Private Limited
HL Coal Private Limited is audited by JAIN & GOLECHHA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN & GOLECHHA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of HL Coal Private Limited
HL Coal has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upesh Heeralal Bangur | Director | 21 Jul 2004 | 22 Years 2 Months | Current |
| Rameshchandra Laxminarayan Bangur | Director | 21 Jul 2004 | 22 Years 2 Months | Current |
| Heeralal Laxminarayan Bangur | Director | 21 Jul 2004 | 22 Years 2 Months | Current |
| Nayan Heeralal Bangur | Director | 21 Jul 2004 | 22 Years 2 Months | Current |
| Pusphaben Heeralal Bangur | Director | 21 Jul 2004 | 22 Years 2 Months | Current |
Ownership and Shareholding of HL Coal Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of HL Coal Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2024 | Others | ₹27.06 Lakh | Open |
| 14 Aug 2014 | Others | ₹6.34 Cr | Open |
| 24 Jul 2008 | 3I Infotech Trusteeship Services Limited | ₹50 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of HL Coal Private Limited
HL Coal Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Black Diamond Tradelink Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Black Diamond Tradelink Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Black Diamond Tradelink Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Black Diamond Tradelink Private Limited | Disposed |
| District court, Dhanbad, Jharkhand | Court case (ORIGINAL SUIT) | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at HL Coal Private Limited
Employment history and EPFO contributions of people linked to HL Coal.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on HL Coal Private Limited
HL Coal Private Limited has 5 board changes on record since 2004: 5 appointments. The latest: Heeralal Laxminarayan Bangur was appointed as Director on 21 Jul 2004.
Credit Ratings, Litigation & Regulatory Alerts for HL Coal Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by HL Coal Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of HL Coal Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of HL Coal Private Limited
HL Coal has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH4603G1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of HL Coal Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about HL Coal Private Limited
HL Coal is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 21 July 2004 (22+ years old) and is registered under CIN U51102GJ2004PTC044491.
HL Coal reported revenue of ₹24.91 Cr for FY 2025 (down 9% YoY).
HL Coal has 5 current directors:
- Upesh Heeralal Bangur - Director
- Rameshchandra Laxminarayan Bangur - Director
- Heeralal Laxminarayan Bangur - Director
- Nayan Heeralal Bangur - Director
- Pusphaben Heeralal Bangur - Director
HL Coal reported a net profit of ₹59,966 (net margin 0%) and EBITDA of ₹80.93 Lakh (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HL Coal is 3% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HL Coal is 24AABCH4603G1Z3, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of HL Coal is U51102GJ2004PTC044491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HL Coal has 5 court cases on record: 5 filed against it. 1 is pending.
HL Coal was incorporated on 21 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of HL Coal by revenue are Metmin Commtrade Private Limited, Tiya Engineering and Electronics Private Limited, Preeti Caps Private Limited, Shrinika Impex Private Limited, Ispatika International Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Heeralal Laxminarayan Bangur was appointed as Director on 21 Jul 2004. Nayan Heeralal Bangur was appointed as Director on 21 Jul 2004. Pusphaben Heeralal Bangur was appointed as Director on 21 Jul 2004. HL Coal has 5 board changes on record in total.