Ihita Engineering Services Private Limited

Ihita Engineering Services Private Limited - engineering in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U45200TN2010PTC076630 Incorporated 19 July 2010 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company engineering MSME · Small
Data last updated
Revenue · FY 2024
₹8.77 Cr
▼ 76% YoY
Net profit · FY 2024
₹1.63 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹1.91 Cr
EBITDA margin 21.8%
Authorised capital
₹52 Lakh
Registered with MCA
Paid-up capital
₹51 Lakh
Issued & subscribed
Open charges
₹15.03 Cr
Satisfied ₹2.88 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
19
Provident fund records

About Ihita Engineering Services Private Limited

Data last updated:

Ihita Engineering Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 19 July 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45200TN2010PTC076630. Its GSTIN is 33AADCT5325K1ZC (Tamil Nadu).

The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors Rajkumar Mohan and Muralidharan Shanmugam.

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 Chennai, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.77 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Lakh (net margin 0.2%) and EBITDA of ₹1.91 Cr (EBITDA margin 21.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.

The company has about 19 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: IHITA Engineering Services. As per MCA filings, the company has open charges of ₹15.03 Cr and satisfied charges of ₹2.88 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 2 cases are pending.

Ihita Engineering Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0005579). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ihitaformworks.com.

Company details

CIN U45200TN2010PTC076630
Registration Number 076630
Incorporation Date 19 July 2010
ROC Chennai
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-TN-08-0005579

Recognitions & Rankings of Ihita Engineering Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-08-0005579

Contact details

Ihita Engineering Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ihitaformworks.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No.5 3rd Cross Street, Irandamkattalai Samayapuram, Chennai, Tamil Nadu, India – 600128
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Ihita Engineering Services Private Limited, buy the company report.

Comprehensive company report
Ihita Engineering Services 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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Brands

Ihita Engineering Services operates one associated brand: IHITA Engineering Services. Each brand links to its own profile.

BrandDescriptionWebsite
Aluminium formwork services, design, manufacturing, and consulting in India.ihitaformworks.com

Business activity

The main business activity of Ihita Engineering Services is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Ihita Engineering Services Private Limited, buy the company report.

Financials of Ihita Engineering Services Private Limited

FY 2024 filings available

Ihita Engineering Services Private Limited reported revenue of ₹8.77 Cr (down 76% YoY) for FY 2024.

Revenue · FY 2024
₹8.77 Cr ▼ 76%
Net profit · FY 2024
₹1.63 Lakh margin 0.2%
EBITDA · FY 2024
₹1.91 Cr margin 21.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 6%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 17%
5 years · compounded
▲ 5%

Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 76% fall in the latest year. EBITDA fell 7% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.91 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.63 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin21.8%
Net Profit Margin0.2%
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 Ihita Engineering Services Private Limited, buy the company report.

Board of directors of Ihita Engineering Services Private Limited

Ihita Engineering Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajkumar MohanDirector19 Jul 201016 Years 3 MonthsCurrent
Muralidharan ShanmugamDirector19 Jul 201016 Years 3 MonthsCurrent

Auditor

Ihita Engineering Services Private Limited is audited by V SELVAKUMAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V SELVAKUMAR & ASSOCIATESFY 2023017314S

Shareholding

The shareholding of Ihita Engineering Services 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ihita Engineering Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.03 Cr
Satisfied charges
₹2.88 Cr
Breakdown by lending institutions
State Bank of India₹10.63 Cr
Bank of India₹4.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Sep 2023100803392State Bank of India₹10.63 CrOpen
13 Dec 2022100660081Bank of India₹3.75 CrOpen
05 Dec 2022100658464Bank of India₹65 LakhOpen
26 Mar 2018100174911The South Indian Bank Limited₹2.88 CrSatisfied

To see the full charge records of Ihita Engineering Services Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ihita Engineering Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ihita Engineering Services Private Limited has a workforce of 19 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
19
Active EPFO establishments
1
Employee growth
35.71%

GST

Ihita Engineering Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCT5325K1ZCTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Ihita Engineering Services Private Limited, buy the company report.

Recent activity

Ihita Engineering Services Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Muralidharan Shanmugam was appointed as Director on 19 Jul 2010.

AGM
Ihita Engineering Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ihita Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with State Bank Of India amounted to Rs. 1,063.00 Lakh with Charge ID 100803392 was registered on 12 Sep 2023.
Charges
A charge with Bank Of India amounted to Rs. 375.00 Lakh with Charge ID 100660081 was registered on 13 Dec 2022.
Charges
A charge with Bank Of India amounted to Rs. 65.00 Lakh with Charge ID 100658464 was registered on 05 Dec 2022.
Charges
A charge registered on 26 Mar 2018 via Charge ID 100174911 with The South Indian Bank Limited was fully satisfied on 29 Oct 2022.
Charges
A charge with The South Indian Bank Limited of Rs. 287.50 Lakh registered on 26 Mar 2018 with Charge ID 100174911 was modified on 10 Mar 2022.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 287.50 Lakh with Charge ID 100174911 was registered on 26 Mar 2018.
Appointed
Muralidharan Shanmugam was appointed as Director.
Appointed
Rajkumar Mohan was appointed as Director.
Incorporation
19 Jul 2010
Ihita Engineering Services Private Limited was registered on 19 Jul 2010 with Roc Chennai & aged 16 years 3 months as per MCA records.

Frequently asked questions

Ihita Engineering Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 19 July 2010 (16+ years old) and is registered under CIN U45200TN2010PTC076630.

Ihita Engineering Services has 2 current directors:

The latest financial statements of Ihita Engineering Services 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 Ihita Engineering Services is 33AADCT5325K1ZC, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Ihita Engineering Services is U45200TN2010PTC076630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ihita Engineering Services has 9 court cases on record: 9 filed against it. 2 are pending. Most are in the district courts.

Ihita Engineering Services was incorporated on 19 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.

Muralidharan Shanmugam was appointed as Director on 19 Jul 2010. Rajkumar Mohan was appointed as Director on 19 Jul 2010.

Yes, Ihita Engineering Services is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0005579).

Ihita Engineering Services can be reached through the website ihitaformworks.com. Its registered office is in Chennai, Tamil Nadu, India.