About Hi Lite Builders Private Limited
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Hi Lite Builders Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45201KL2003PTC016140. Its GSTIN is 32AABCH3734L1ZP (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹37.83 Lakh. It is led by directors including Puthukkulagara Mohamed Fazeem (Whole-Time Director) and Abdul Latheef Puthukulangara (Whole-Time Director).
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 G – 1003 T1 Hilite Business Park Hilite City Nh17 Thondayad Bypass, Kozhikode, Kerala, India – 673014.
As per the financials filed for FY 2024, the company reported a revenue of ₹185.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.09 Cr (net margin 5.4%) and EBITDA of ₹16.02 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 133% over three years and 43% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HiLITE. As per MCA filings, the company has open charges of ₹64.52 Cr and satisfied charges of ₹6.55 Cr on record. Court records list 53 cases involving the company, including 28 filed by the company and 25 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hilitebuilders.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressG – 1003 T1 Hilite Business Park Hilite City Nh17 Thondayad Bypass, Kozhikode, Kerala, India – 673014
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Associated Brands
Hi Lite Builders operates one associated brand: HiLITE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops residential, commercial, and retail properties with modern amenities in India and UAE. | hilitebuilders.com |
Business Activity
The main business activity of Hi Lite Builders is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Hi Lite Builders Private Limited
FY 2024 filings availableHi Lite Builders Private Limited reported revenue of ₹185.6 Cr (up 262% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 262% growth in the latest year. EBITDA rose 355% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹16.02 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹10.09 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.6% | |
| Net Profit Margin | 5.4% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hi Lite Builders are in the company report.
: available in the company report
Board of Directors of Hi Lite Builders Private Limited
Hi Lite Builders has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sulaiman Puthukulangara Also directs: Hi Lite Interiors LLP, Hilite Realtors (India) LLP, South Fort Property Developers Limited Liability Partnership and 5 more | Director | 13 May 2003 | 23 Years 5 Months | Current |
| Puthukkulagara Mohamed Fazeem Also directs: South Fort Property Developers Limited Liability Partnership, Chemmad Realtors LLP, West Fort Property Developers LLP and 5 more | Whole-Time Director | 14 Aug 2021 | 5 Years 2 Months | Current |
| Nasheeda Sulaiman | Director | 13 May 2003 | 23 Years 5 Months | Current |
| Abdul Latheef Puthukulangara Also directs: South Fort Property Developers Limited Liability Partnership, Chemmad Realtors LLP, Calicut Fashion Spaces LLP and 5 more | Whole-Time Director | 30 Nov 2018 | 7 Years 10 Months | Current |
Auditor Details
Hi Lite Builders Private Limited is audited by P A HAMEED & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P A HAMEED & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2025 | Dhanlaxmi Bank Limited | ₹1.65 Cr | Open |
| 24 Jan 2024 | Hdfc Bank Limited | ₹20.32 Lakh | Open |
| 04 Aug 2022 | Hdfc Bank Limited | ₹50 Lakh | Open |
| 29 Jul 2022 | Dhanlaxmi Bank Limited | ₹1.78 Cr | Open |
| 26 Apr 2022 | Axis Bank Limited | ₹1.08 Cr | Open |
Total charge records: 18 View all charges
Legal Cases
Hi Lite Builders Private Limited has 53 court cases on record: 28 filed by Hi Lite Builders, 25 filed against it. 11 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 7 | 6 |
| District courts | 21 | 18 | 4 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against South Land Constructions India Pvt Ltd | Disposed |
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against Ms.Traders Tower Construction and Property Developers Pvt Ltd. and 2 others | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against The District Collector | Pending |
| District court, Ernakulam, Kerala | Appeal | Filed against the company | Pending |
| High Court of Kerala | Writ petition | Filed against the company | Pending |
: available in 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.
Employees and EPFO Compliance
Hi Lite Builders Private Limited has a workforce of 86 employees as of Apr 04, 2024.
: available in the company report
Recent Activity
Hi Lite Builders Private Limited has 11 board changes on record since 2003: 4 appointments and 7 cessations. The latest: Puthukkulagara Mohamed Fazeem was appointed as Whole-Time Director on 14 Aug 2021.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Hi Lite Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCH3734L1ZP | Kerala | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Hi Lite Builders is an active private limited company based in Kozhikode, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 May 2003 (23+ years old) and is registered under CIN U45201KL2003PTC016140.
Hi Lite Builders has 4 current directors:
- Puthukkulagara Mohamed Fazeem - Whole-Time Director
- Abdul Latheef Puthukulangara - Whole-Time Director
- Sulaiman Puthukulangara - Director
- Nasheeda Sulaiman - Director
The latest financial statements of Hi Lite Builders 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 Hi Lite Builders is 32AABCH3734L1ZP, registered in Kerala.
The CIN (Corporate Identification Number) of Hi Lite Builders is U45201KL2003PTC016140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi Lite Builders has 53 court cases on record: 28 filed by the company and 25 filed against it. 11 are pending. Most are in the high courts.
Hi Lite Builders was incorporated on 12 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ernakulam.
Puthukkulagara Mohamed Fazeem was appointed as Whole-Time Director on 14 Aug 2021. Sulaiman Puthukulangara ceased to be Managing Director on 14 Aug 2021. Nasheeda Sulaiman ceased to be Director on 13 Aug 2021. Hi Lite Builders has 11 board changes on record in total.
Hi Lite Builders can be reached through the website hilitebuilders.com. Its registered office is in Kozhikode, Kerala, India.
The registered office of Hi Lite Builders is at G – 1003 T1 Hilite Business Park Hilite City Nh17 Thondayad Bypass, Kozhikode, Kerala, India – 673014.