Hy Link Overseas Private Limited
About Hy Link Overseas Private Limited
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Hy Link Overseas Private Limited is a private limited company based in Delhi, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 12 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51103DL1998PTC097050. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.5 Cr. It was formerly known as Hi-Link Overseas Private Limited. It is led by directors Vijay Kumar Gulati and Sidharth Gulati.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 27 Km Stone Tikri Kala Mundka, Delhi, India – 110041.
As per the financials filed for FY 2017, the company reported a revenue of ₹370.39 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹23.47 Lakh (net margin 0.1%) and EBITDA of ₹3.73 Cr (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
As per MCA filings, the company has open charges of ₹12.97 Cr and satisfied charges of ₹32.5 Cr on record. Court records list 27 cases involving the company, including 7 filed by the company and 20 filed against it; 4 cases are pending. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹7.99 Cr; the latest was in September 2016. Its 8 peer companies in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 5 smaller; the largest is Fuelcraft Solutions Private Limited with revenue of ₹377.4 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Hy Link Overseas has one previous CIN (Corporate Identification Number): U99999DL1998PTC097050. The current CIN is U51103DL1998PTC097050, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51103DL1998PTC097050 | Current |
| U99999DL1998PTC097050 | Previous |
Contact details
Hy Link Overseas Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address27 Km Stone Tikri Kala Mundka, Delhi, India – 110041
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Hy Link Overseas 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 Hy Link Overseas is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hy Link Overseas Private Limited, buy the company report.
Financials of Hy Link Overseas Private Limited
FY 2017 filings availableHy Link Overseas Private Limited reported revenue of ₹370.39 Cr (down 50% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over three years, including a 50% fall in the latest year. EBITDA fell 50% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹370.39 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.73 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹23.47 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1% | ||
| Net Profit Margin | 0.1% | ||
| 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 Hy Link Overseas Private Limited, buy the company report.
Board of directors of Hy Link Overseas Private Limited
Hy Link Overseas 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 |
|---|---|---|---|---|
| Vijay Kumar Gulati | Director | 01 Apr 2018 | 8 Years 7 Months | Current |
| Sidharth Gulati | Director | 11 May 2001 | 25 Years 5 Months | Current |
Peer comparison
Hy Link Overseas Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fuelcraft Solutions Private Limited | ₹377.4 Cr (FY 2024) | -23.0% | Mumbai, Maharashtra, India | |||
| Nandan Saha Steel Private Limited | ₹377.1 Cr (FY 2023) | 15.0% | Kolkata, West Bengal, India | |||
| Bajaj Rubber Company Private Limited | ₹373.17 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Hy Link Overseas Private Limitedthis company | ₹370.39 Cr (FY 2017) | ₹23.47 Lakh | 0.1% | -50.0% | Delhi, India | |
| Vestro Solvents Private Limited | ₹369.85 Cr (FY 2025) | 9.0% | R.R.Dist, Hyd-55.A.P., Telangana, India | |||
| Sahastraa Exports Private Limited | ₹369.64 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Anubha Polyweaves Pvt Ltd | ₹365.5 Cr (FY 2025) | -10.0% | Palsana, Gujarat, India | |||
| Heetu Chemicals and Alkalies Limited | ₹361.18 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Aravind Ceramics Private Limited | ₹360.3 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Hy Link Overseas Private Limited, buy the company report.
Auditor
Hy Link Overseas Private Limited is audited by SANJAY CHITRA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY CHITRA & CO | FY 2017 | 011146N |
Shareholding
The shareholding of Hy Link Overseas Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hy Link Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2014 | 10541830 | Syndicate Bank | ₹46.97 Lakh | Open | |
| 18 Dec 2003 | 80015409 | Others | ₹12.5 Cr | Open | |
| 28 Sep 2012 | 10381448 | Syndicate Bank | ₹20 Cr | Satisfied | |
| 22 Dec 2007 | 10090181 | Others | ₹12.5 Cr | Satisfied |
To see the full charge records of Hy Link Overseas Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Hy Link Overseas Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹7.99 Cr; the latest was in September 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Rights issue | ₹3.5 Cr | Investors: 2 individuals |
| Mar 2014 | Funding round | ₹3.3 Cr | Investors: 2 individuals |
| Apr 2011 | Funding round | ₹2.2 Cr | Investors: 2 individuals |
| Sep 2008 | Funding round | ₹2.49 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hy Link Overseas Private Limited has 27 court cases on record: 7 filed by Hy Link Overseas, 20 filed against it. 4 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 18 | 1 |
| NCLAT | 5 | 2 | 2 |
| High courts | 2 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Apex Ispat Private Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Apex Ispat Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Apex Ispat Private Limited | Disposed |
| NCLT, Principal Bench | Insolvency matter | Filed by the company against Apex Ispat Private Limited | Disposed |
| District court, East, Delhi | Court case (OMP (I)(COMM.)) | Filed against the company by BMW India Financial Services Private Ltd. | Disposed |
To see the full case history of Hy Link Overseas 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
Hy Link Overseas Private Limited was last rated by Crisil on 16 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Apr 2020 |
To see the full credit ratings and regulatory alerts of Hy Link Overseas Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hy Link Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hy Link Overseas has 5 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 Hy Link Overseas Private Limited, buy the company report.
Recent activity
Hy Link Overseas Private Limited has 6 board changes on record since 2001: 4 appointments and 2 cessations. The latest: Ritika Gulati ceased to be Director on 01 Apr 2018.
6 earlier events are in the company report.
Frequently asked questions
Hy Link Overseas is an active private limited company based in Delhi, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 12 November 1998 (28+ years old) and is registered under CIN U51103DL1998PTC097050.
Hy Link Overseas has 2 current directors:
- Vijay Kumar Gulati - Director
- Sidharth Gulati - Director
The latest financial statements of Hy Link Overseas on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Hy Link Overseas has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Hy Link Overseas is U51103DL1998PTC097050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hy Link Overseas has 27 court cases on record: 7 filed by the company and 20 filed against it. 4 are pending. Most are in the district courts.
Hy Link Overseas was incorporated on 12 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
Hy Link Overseas has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹7.99 Cr; the latest was in September 2016.
The peers of Hy Link Overseas by revenue are Fuelcraft Solutions Private Limited, Nandan Saha Steel Private Limited, Bajaj Rubber Company Private Limited, Vestro Solvents Private Limited, Sahastraa Exports Private Limited and 3 more, all in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Ritika Gulati ceased to be Director on 01 Apr 2018. Vijay Kumar Gulati was appointed as Director on 01 Apr 2018. Preeti Varshney ceased to be Company Secretary on 12 Jun 2015. Hy Link Overseas has 6 board changes on record in total.
The registered office of Hy Link Overseas is at 27 Km Stone Tikri Kala Mundka, Delhi, India – 110041.
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