About Hutch India Private Limited
Data last updated:
Hutch India Private Limited is a private limited company based in Palsana, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 25 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2003PTC082931. Its GSTIN is 24AABCH5196G1ZL (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.3 Cr. It is led by directors Siddharth Kamlesh Agarwal and Pratibha Agarwal.
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 R.S. No. 249/1 & 280/1B Block No. 3 – A & 3 – B At. Tantithaiya Ta., Palsana, Gujarat, India – 394315.
As per the financials filed for FY 2025, the company reported a revenue of ₹230.14 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.7 Cr (net margin 1.6%) and EBITDA of ₹7.86 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹54.98 Cr and satisfied charges of ₹29.58 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hutchindia.com.
Company details
CIN history
Hutch India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17111GJ2003PTC082931, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111GJ2003PTC082931 | Current |
| U17111MP2003PTC016110 | Previous |
| U17111HR2003PTC038789 | Previous |
Contact details
Hutch India Private Limited's registered office is in Palsana, Gujarat. Its website is hutchindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressR.S. No. 249/1 & 280/1B Block No. 3 – A & 3 – B At. Tantithaiya Ta., Palsana, Gujarat, India – 394315
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Hutch India 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 Hutch India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Hutch India Private Limited, buy the company report.
Financials of Hutch India Private Limited
FY 2025 filings availableHutch India Private Limited reported revenue of ₹230.14 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.7 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Hutch India Private Limited, buy the company report.
Board of directors of Hutch India Private Limited
Hutch India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Kamlesh Agarwal | Director | 01 Apr 2013 | 13 Years 7 Months | Current |
| Pratibha Agarwal Also directs: Hutch Industries Private Limited | Director | 01 Apr 2013 | 13 Years 7 Months | Current |
Peer comparison
Hutch India Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purva Metal Sections Private Limited | ₹238.62 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Hutch India Private Limitedthis company | ₹230.14 Cr (FY 2025) | ₹3.7 Cr | 1.6% | -11.0% | 31 | Palsana, Gujarat, India |
| Hi-Tech Flow Solutions Limited | ₹229.76 Cr (FY 2024) | 41.0% | Delhi, India | |||
| PSL Limited | ₹228.69 Cr (FY 2019) | 28.0% | Daman and Diu, India | |||
| Surani Steel Tubes Limited | ₹227.39 Cr (FY 2025) | 46.0% | Sampa, Gujarat, India |
To see the full peer comparison of Hutch India Private Limited, buy the company report.
Auditor
Hutch India Private Limited is audited by Anoop Goel & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anoop Goel & Associates | FY 2023 | 021022N |
Shareholding
The shareholding of Hutch India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hutch India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2023 | 100692361 | Axis Bank Limited | ₹68 Lakh | Open | |
| 04 Feb 2020 | 100323514 | Standard Chartered Bank | ₹28.1 Cr | Open | |
| 19 Jul 2019 | 100294910 | Standard Chartered Bank | ₹26.2 Cr | Open | |
| 18 Dec 2020 | 100398259 | Standard Chartered Bank | ₹1.9 Cr | Satisfied | |
| 23 Nov 2013 | 10463159 | Oriental Bank of Commerce | ₹5.6 Cr | Satisfied |
To see the full charge records of Hutch India Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Hutch India Private Limited has 5 court cases on record: 4 filed by Hutch India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (TMSUIT) | Filed by the company against an individual | Disposed |
| District court, SURAT, Gujarat | Court case (SMST S) | Filed by the company against Aarti Trading Company Propaiter Shaishav Shalieshbhai Shah | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Shri Roz Consultant Pvt. Ltd. and 3 others | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Hutch India 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.
Credit ratings & regulatory alerts
Hutch India Private Limited was last rated by Icra on 24 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 24 Jun 2020 |
To see the full credit ratings and regulatory alerts of Hutch India Private Limited, buy the company report.
MSME payment delays
Hutch India Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 240 overdue payments to 54 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Saibaba Petroleum | |||
| Booknfly Ventures LLP | |||
| an individual supplier | |||
| M R Enterprises (CG) | |||
| J S Engineering |
To see the full MSME payment records of Hutch India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hutch India Private Limited has a workforce of 31 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Hutch India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH5196G1ZL | Gujarat | Active | 01 Jul 2017 |
| 24AABCH5196G1DU | Gujarat | Active | 23 Nov 2024 |
To see the full GST registrations and return filing status of Hutch India Private Limited, buy the company report.
Recent activity
Hutch India Private Limited has 8 board changes on record since 2003: 5 appointments and 3 cessations. The latest: Aditya Vikram Aggarwal ceased to be Director on 02 Apr 2013.
13 earlier events are in the company report.
Frequently asked questions
Hutch India is an active private limited company based in Palsana, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 25 September 2003 (23+ years old) and is registered under CIN U17111GJ2003PTC082931.
Hutch India has 2 current directors:
- Siddharth Kamlesh Agarwal - Director
- Pratibha Agarwal - Director
The latest financial statements of Hutch India 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 Hutch India is 24AABCH5196G1ZL, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCH5196G1DU (Gujarat).
The CIN (Corporate Identification Number) of Hutch India is U17111GJ2003PTC082931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hutch India has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Hutch India was incorporated on 25 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hutch India by revenue are Purva Metal Sections Private Limited, Hi-Tech Flow Solutions Limited, PSL Limited, Surani Steel Tubes Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Aditya Vikram Aggarwal ceased to be Director on 02 Apr 2013. Dineash R Rawalwasia ceased to be Director on 02 Apr 2013. Karuna Agarwal ceased to be Director on 02 Apr 2013. Hutch India has 8 board changes on record in total.
Hutch India has 8 MSME Form 1 returns on record between 2019 and 2024, listing 240 overdue payments to 54 micro and small suppliers. The latest return was filed on 03 May 2024.
Hutch India can be reached through the website hutchindia.com. Its registered office is in Palsana, Gujarat, India.
The registered office of Hutch India is at R.S. No. 2491 & 2801B Block No. 3 – A & 3 – B At. Tantithaiya Ta., Palsana, Gujarat, India – 394315.
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