HMT Bearings Limited
About HMT Bearings Limited
Data last updated:
HMT Bearings Limited was a public limited foreign company incorporated in india based in Hyderabad, Telangana, India, operated as a subsidiary of Hmt Limited. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 21 October 1964.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29130TG1964FLC001023. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹45 Cr and a paid-up capital of ₹37.71 Cr. It was led by directors including Girish Kumar Sadasivan (Managing Director) and Mohmed Zakir Hussain.
Its last annual general meeting (AGM) was held on 15 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Moula Ali Hyderabad., Telangana, India – 500040.
As per the financials filed for FY 2020, the company reported a revenue of ₹82.06 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.92 Cr (net margin 356.3%) and EBITDA of -₹39.76 Lakh (EBITDA margin -48.5%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 45% over five years.
As per MCA filings, the company had open charges of ₹40 Lakh and satisfied charges of ₹36.6 Cr on record. Court records list 76 cases involving the company, including 31 filed by the company and 47 filed against it; 3 cases are pending.
Company details
CIN history
HMT Bearings has one previous CIN (Corporate Identification Number): U29130AP1964FLC001023. The current CIN is U29130TG1964FLC001023, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29130TG1964FLC001023 | Current |
| U29130AP1964FLC001023 | Previous |
Contact details
HMT Bearings Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMoula Ali Hyderabad., Telangana, India – 500040
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of HMT Bearings 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
Financials of HMT Bearings Limited
FY 2020 filings availableHMT Bearings Limited reported revenue of ₹82.06 Lakh (down 30% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 30% fall in the latest year. EBITDA fell 100% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹82.06 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹39.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.92 Cr | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -48.5% | ||||
| Net Profit Margin | 356.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of HMT Bearings Limited, buy the company report.
Board of directors of HMT Bearings Limited
HMT Bearings has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Kumar Sadasivan | Managing Director | 23 Aug 2014 | 12 Years 2 Months | As last reported |
| Mohmed Zakir Hussain | Additional Director | 13 Nov 2018 | 7 Years 11 Months | As last reported |
| Ritu Pande | Additional Director | 25 Sep 2019 | 7 Years 1 Months | As last reported |
Peer comparison
HMT Bearings Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Bearings, Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhopal Electrodes Pvt. Ltd. | ₹83.14 Lakh (FY 2024) | 11.0% | Bhopal, Madhya Pradesh, India | |||
| Yantransh Auto Hinges Private Limited | ₹82.39 Lakh (FY 2025) | 206.0% | Rajkot, Gujarat, India | |||
| Acron Spring Private Limited | ₹82.15 Lakh (FY 2024) | 70.0% | Ahmedabad, Gujarat, India | |||
| HMT Bearings Limitedthis company | ₹82.06 Lakh (FY 2020) | ₹2.92 Cr | 356.3% | -30.0% | Hyderabad, Telangana, India | |
| B L Electricals Limited | ₹81.86 Lakh (FY 2023) | -24.0% | Chandigarh, India | |||
| Vishesh Tools Private Limited | ₹81.81 Lakh (FY 2025) | 164.0% | Delhi, India | |||
| Tek Pressworks Private Limited | ₹81.74 Lakh (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Ambica Engimech Private Limited | ₹81.7 Lakh (FY 2023) | -11.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of HMT Bearings Limited, buy the company report.
Auditor
HMT Bearings Limited is audited by PAI AND CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAI AND CO | FY 2020 | 002514S |
Shareholding
The shareholding of HMT Bearings Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HMT Bearings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2002 | 90121607 | Bank of India | ₹40 Lakh | Open | |
| 23 Feb 2007 | 10040415 | Canara Bank | ₹10 Cr | Satisfied | |
| 13 Sep 2006 | 10020484 | Syndicate Bank | ₹6.5 Cr | Satisfied | |
| 25 Jul 2005 | 90121908 | Syndicate Bank | ₹1.5 Cr | Satisfied | |
| 29 Sep 2004 | 90121840 | Syndicate Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of HMT Bearings Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
HMT Bearings Limited has 76 court cases on record: 31 filed by HMT Bearings, 47 filed against it. 3 cases are pending and 73 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 73 | 45 | 3 |
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by HMT Bearings Limited Casual Workers Union Moulali, Hyderabad | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against HMT Bearings Limited, Moulali, Hyderabad, Rep.By Its and 1 other | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against an individual | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company by an individual | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of HMT Bearings 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 HMT Bearings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HMT Bearings Limited has 1 active EPFO establishment as of Oct 15, 2024.
GST
HMT Bearings has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of HMT Bearings Limited, buy the company report.
Recent activity
HMT Bearings Limited has 21 board changes on record since 2007: 3 appointments and 18 cessations. The latest: Ritu Pande was appointed as Additional Director on 25 Sep 2019.
35 earlier events are in the company report.
Frequently asked questions
HMT Bearings has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
HMT Bearings was a public limited foreign company incorporated in india based in Hyderabad, Telangana, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 21 October 1964 and is registered under CIN U29130TG1964FLC001023. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
HMT Bearings was incorporated on 21 October 1964. It is registered with the Registrar of Companies, Hyderabad.
HMT Bearings had 3 directors:
- Girish Kumar Sadasivan - Managing Director
- Mohmed Zakir Hussain - Additional Director
- Ritu Pande - Additional Director
The CIN (Corporate Identification Number) of HMT Bearings is U29130TG1964FLC001023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of HMT Bearings is at Moula Ali Hyderabad., Telangana, India – 500040.
The latest financial statements of HMT Bearings on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 15 September 2020. Year-wise statements from 2015 are in the company report.
No. HMT Bearings has 3 GST registrations on record and all of them are cancelled or inactive.
HMT Bearings operated in the machinery and equipment industry, in the industrial tools and components segment.
The peers of HMT Bearings by revenue are Bhopal Electrodes Pvt. Ltd, Yantransh Auto Hinges Private Limited, Acron Spring Private Limited, B L Electricals Limited, Vishesh Tools Private Limited and 2 more, all in the Machinery and Equipment industry (Bearings, Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
HMT Bearings has 76 court cases on record: 31 filed by the company and 47 filed against it. 3 are pending. Most are in the high courts.
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