MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0004172
Hytech Steel Foundry Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.2 Cr
▲ 41% YoY
Net profit · FY 2024
₹3.4 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹48.97 Lakh
EBITDA margin 4.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.27 Cr
Issued & subscribed
Open charges
₹4.85 Cr
Satisfied ₹3 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
4
Provident fund records
About Hytech Steel Foundry Private Limited
Data last updated:
Hytech Steel Foundry Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 27 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28910KA2010PTC055648. Its GSTIN is 29AACCH5818E1ZL (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.27 Cr. It is led by directors including Kote Balakrishna Rao and Arun Narayan Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.376P & 378P Sub Layout Somapura 1st Stage Nelamangala, Bangalore, Karnataka, India – 562132.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.2 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Lakh (net margin 0.3%) and EBITDA of ₹48.97 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 561% over three years and 34% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.85 Cr and satisfied charges of ₹3 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Hytech Steel Foundry Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0004172). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hytech-steel-foundry-private-limited.business.site.
Company details
CIN U28910KA2010PTC055648
Registration Number 055648
Incorporation Date 27 October 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0004172
Key People
Kote Balakrishna Rao Director Arun Narayan Shetty Director Soumya Durga Srinivas Director Recognitions & Rankings of Hytech Steel Foundry
Contact details
Hytech Steel Foundry Private Limited's registered office is in Bangalore, Karnataka. Its website is hytech-steel-foundry-private-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.376P & 378P Sub Layout Somapura 1st Stage Nelamangala, Bangalore, Karnataka, India – 562132
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Hytech Steel Foundry Private Limited, buy the company report.
Comprehensive company report
Hytech Steel Foundry Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Hytech Steel Foundry is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Hytech Steel Foundry Private Limited, buy the company report.
Financials of Hytech Steel Foundry Private Limited
FY 2024 filings availableHytech Steel Foundry Private Limited reported revenue of ₹10.2 Cr (up 41% YoY) for FY 2024.
Revenue · FY 2024
₹10.2 Cr ▲ 41%
Net profit · FY 2024
₹3.4 Lakh margin 0.3%
EBITDA · FY 2024
₹48.97 Lakh margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 561%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 696%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 41% growth in the latest year. EBITDA rose 60% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹48.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.4 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Hytech Steel Foundry Private Limited, buy the company report.
Board of directors of Hytech Steel Foundry Private Limited
Hytech Steel Foundry has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kote Balakrishna Rao | Director | 27 Oct 2010 | 16 Years 0 Months | Current |
| Arun Narayan Shetty | Director | 22 Jun 2014 | 12 Years 4 Months | Current |
| Soumya Durga Srinivas | Director | 23 Dec 2020 | 5 Years 10 Months | Current |
| Srinivas Geetha | Director | 23 Dec 2020 | 5 Years 10 Months | Current |
| Kanchakaranalli Math Nagaraj Also directs: Hytech Machine Tool & Automation (India) Private Limited | Director | 27 Oct 2010 | 16 Years 0 Months | Current |
| Hemachandra Suhan | Director | 07 Sep 2019 | 7 Years 2 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Hytech Steel Foundry Private Limited is audited by Balakrishna and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Balakrishna and Co | FY 2023 | 004835S |
Shareholding
The shareholding of Hytech Steel Foundry 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 Hytech Steel Foundry Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.85 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2017 | 100092684 | Axis Bank Limited | ₹4.85 Cr | Open | |
| 13 Mar 2014 | 10486125 | Karnataka State Financial Corporation | ₹3 Cr | Satisfied |
To see the full charge records of Hytech Steel Foundry Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hytech Steel Foundry Private Limited has 3 court cases on record: 2 filed by Hytech Steel Foundry, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by M/S Hytech Machine Tool and Automation (India) Pvt Ltd Repd by Its Director, Mr. K.M Nagaraju | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S Hytech Machine Tools and | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S M/S Hytech Machine Tool Automation (India) Pvt. Ltd | Disposed |
To see the full case history of Hytech Steel Foundry 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hytech Steel Foundry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hytech Steel Foundry Private Limited has a workforce of 4 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-20%
GST
Hytech Steel Foundry has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH5818E1ZL | Karnataka | Active | 01 Jul 2017 |
| 29AAGFB0322A1Z8 | Karnataka | Active | 01 Jul 2017 |
| 29AACCH5818E1DU | Karnataka | Active | 25 Nov 2024 |
To see the full GST registrations and return filing status of Hytech Steel Foundry Private Limited, buy the company report.
Recent activity
Hytech Steel Foundry Private Limited has 15 board changes on record since 2010: 8 appointments and 7 cessations. The latest: Soumya Durga Srinivas ceased to be Additional Director on 31 Dec 2020.
AGM
Hytech Steel Foundry Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hytech Steel Foundry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Soumya Durga Srinivas ceased to be Additional Director.
Ceased
Srinivas Geetha ceased to be Additional Director.
Appointed
Soumya Durga Srinivas was appointed as Director.
Appointed
Srinivas Geetha was appointed as Director.
Ceased
Radha Nagaraj ceased to be Director.
Ceased
Kittur Venkatasubbaiah Narayan ceased to be Director.
Ceased
Kittur Venkatasubbiah Muralidhar ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 4.85 Cr registered on 23 Mar 2017 with Charge ID 100092684 was modified on 18 Sep 2020.
Ceased
Hemachandra Suhan ceased to be Additional Director.
Appointed
Hemachandra Suhan was appointed as Director.
11 earlier events are in the company report.
Frequently asked questions
Hytech Steel Foundry is an active private limited company based in Bangalore, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 27 October 2010 (16+ years old) and is registered under CIN U28910KA2010PTC055648.
Hytech Steel Foundry has 8 current directors:
- Kote Balakrishna Rao - Director
- Arun Narayan Shetty - Director
- Soumya Durga Srinivas - Director
- Srinivas Geetha - Director
- Kanchakaranalli Math Nagaraj - Director
- Hemachandra Suhan - Director
- Savitha Parameshwaraiah Kanaganahallimath - Director
- Srinivasa Nayari - Director
The latest financial statements of Hytech Steel Foundry on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hytech Steel Foundry is 29AACCH5818E1ZL, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAGFB0322A1Z8 (Karnataka), 29AACCH5818E1DU (Karnataka).
The CIN (Corporate Identification Number) of Hytech Steel Foundry is U28910KA2010PTC055648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hytech Steel Foundry has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Hytech Steel Foundry was incorporated on 27 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Soumya Durga Srinivas ceased to be Additional Director on 31 Dec 2020. Srinivas Geetha ceased to be Additional Director on 31 Dec 2020. Soumya Durga Srinivas was appointed as Director on 23 Dec 2020. Hytech Steel Foundry has 15 board changes on record in total.
Yes, Hytech Steel Foundry is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0004172).
Hytech Steel Foundry can be reached through the website hytech-steel-foundry-private-limited.business.site. Its registered office is in Bangalore, Karnataka, India.
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