MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-OD-30-0000898
Reliable Hitech Pvt Ltd
Reliable Hitech Pvt Ltd - metals and minerals in Rourkela, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹202.03 Cr
▼ 8% YoY
Net profit · FY 2023
₹22.14 Cr
Net margin 11%
EBITDA · FY 2023
₹30.86 Cr
EBITDA margin 15.3%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹2.05 Cr
Issued & subscribed
Open charges
₹18 Cr
Satisfied ₹217.65 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
71
Provident fund records
About Reliable Hitech Pvt Ltd
Data last updated:
Reliable Hitech Pvt Ltd is a private limited company based in Rourkela, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55101OR2006PTC041547. Its GSTIN is 21AADCR2453A3Z3 (Odisha). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.05 Cr. It is led by directors including Vineet Dua and Sadashiva Pradhan.
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 Plot No. 11/352 2nd Floor Dua Complex Panposh Road Civil Township, Rourkela, Odisha, India – 769012.
As per the financials filed for FY 2023, the company reported a revenue of ₹202.03 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹22.14 Cr (net margin 11%) and EBITDA of ₹30.86 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 150% over three years and 124% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹217.65 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Reliable Hitech Pvt Ltd is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-OD-30-0000898). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Reliable Hitech Pvt Ltd
CIN U55101OR2006PTC041547
Registration Number 041547
Incorporation Date 07 March 2006
ROC Cuttack
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 MSME
Udyam Registration UDYAM-OD-30-0000898
CIN History of Reliable Hitech Pvt Ltd
Reliable Hitech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55101OR2006PTC041547, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101OR2006PTC041547 | Current |
| U45209WB2006PTC108497 | Previous |
| U55101WB2006PTC108497 | Previous |
Recognitions & Rankings of Reliable Hitech
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No. 11/352 2nd Floor Dua Complex Panposh Road Civil Township, Rourkela, Odisha, India – 769012
- IndustryMetals and Minerals, Steel Manufacturing & Processing
Comprehensive company report
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Financials of Reliable Hitech Pvt Ltd FY 2024 filings available
Reliable Hitech Pvt Ltd reported revenue of ₹202.03 Cr (down 8% YoY) for FY 2023.
Revenue · FY 2023
₹202.03 Cr ▼ 8%
Net profit · FY 2023
₹22.14 Cr margin 11%
EBITDA · FY 2023
₹30.86 Cr margin 15.3%
Compounded Annual Growth Rate (CAGR) of Reliable Hitech Pvt Ltd
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 150%
5 years · compounded
▲ 124%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 191%
5 years · compounded
▲ 225%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 124%. EBITDA fell 18% 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 of Reliable Hitech Pvt Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹202.03 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹30.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.14 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 of Reliable Hitech Pvt Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11% | •••• | •••• | •••• | •••• |
| 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 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 Reliable Hitech are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Reliable Hitech Pvt Ltd
Reliable Hitech has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Dua | Director | 01 Apr 2006 | 20 Years 6 Months | Current |
| Sadashiva Pradhan | Director | 04 Sep 2020 | 6 Years 1 Months | Current |
| Vikas Dua Also directs: Times Steel & Power Private Limited, Orbit Motors Private Limited | Director | 09 Mar 2020 | 6 Years 7 Months | Current |
| Akash Dua Also directs: Reliable Udyog Private Limited, Static Ventures Private Limited | Director | 09 Mar 2020 | 6 Years 7 Months | Current |
| Aman Dua Also directs: Times Steel & Power Private Limited, Orbit Motors Private Limited | Director | 09 Mar 2020 | 6 Years 7 Months | Current |
Auditor Details of Reliable Hitech Pvt Ltd
Reliable Hitech Pvt Ltd is audited by Roshan Lal & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Roshan Lal & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Reliable Hitech Pvt Ltd
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Reliable Hitech Pvt Ltd
Open charges
₹18 Cr
Satisfied charges
₹217.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2021 | State Bank of India | ₹18 Cr | Open |
| 30 Sep 2013 | State Bank of India | ₹64 Cr | Satisfied |
| 11 May 2012 | Uco Bank | ₹82.64 Cr | Satisfied |
| 23 Mar 2012 | Axis Bank Limited | ₹5 Cr | Satisfied |
| 20 Aug 2010 | Allahabad Bank | ₹95 Lakh | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Reliable Hitech Pvt Ltd
Reliable Hitech Pvt Ltd has 3 court cases on record: 1 filed by Reliable Hitech, 1 filed against it, 1 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Total cases
3
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Uttarakhand | Court case (WPMS) | Filed by the company against State of Uttarakhand | Pending |
| District court, Sundargarh, Odisha | Civil suit | Company is another party | Disposed |
| District court, Jharsuguda, Odisha | Arbitration matter | Filed against the company by an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 at Reliable Hitech Pvt Ltd
Reliable Hitech Pvt Ltd has a workforce of 71 employees as of Apr 06, 2024.
Employee count
71
Active EPFO establishments
1
Employee growth
1.43%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Reliable Hitech Pvt Ltd
Reliable Hitech Pvt Ltd has 9 board changes on record since 2006: 5 appointments and 4 cessations. The latest: Sadashiva Pradhan was appointed as Director on 04 Sep 2020.
AGM
Reliable Hitech Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Reliable Hitech Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with State Bank Of India amounted to Rs. 18.00 Cr with Charge ID 100444439 was registered on 24 Mar 2021.
Charges
A charge registered on 23 Mar 2012 via Charge ID 10348967 with Axis Bank Limited was fully satisfied on 09 Mar 2021.
Charges
A charge registered on 30 Sep 2013 via Charge ID 10456318 with State Bank Of India was fully satisfied on 08 Mar 2021.
Charges
A charge registered on 20 Sep 2008 via Charge ID 10232314 with Industrial Devlopment Bank Of India Limited was fully satisfied on 18 Dec 2020.
Appointed
Sadashiva Pradhan was appointed as Director.
Ceased
Rajendra Kumar Dua ceased to be Director.
Ceased
Surendra Kumar Dua ceased to be Director.
Ceased
Vijay Kumar Dua ceased to be Director.
Appointed
Akash Dua was appointed as Director.
Appointed
Aman Dua was appointed as Director.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Reliable Hitech Pvt Ltd
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Reliable Hitech Pvt Ltd
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Reliable Hitech Pvt Ltd
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Reliable Hitech Pvt Ltd
Reliable Hitech has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCR2453A3Z3 | Odisha | Active | 16 Nov 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Reliable Hitech Pvt Ltd
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Frequently Asked Questions about Reliable Hitech Pvt Ltd
Reliable Hitech is an active private limited company based in Rourkela, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 07 March 2006 (20+ years old) and is registered under CIN U55101OR2006PTC041547.
Reliable Hitech reported revenue of ₹202.03 Cr for FY 2023 (down 8% YoY).
Reliable Hitech has 5 current directors:
- Vineet Dua - Director
- Sadashiva Pradhan - Director
- Vikas Dua - Director
- Akash Dua - Director
- Aman Dua - Director
Reliable Hitech reported a net profit of ₹22.14 Cr (net margin 11%) and EBITDA of ₹30.86 Cr (EBITDA margin 15.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Reliable Hitech is 150% over three years and 124% over five years. In the latest year (FY 2023) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Reliable Hitech is 21AADCR2453A3Z3, registered in Odisha. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Reliable Hitech is U55101OR2006PTC041547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliable Hitech has 3 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Reliable Hitech was incorporated on 07 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Cuttack.
Sadashiva Pradhan was appointed as Director on 04 Sep 2020. Rajendra Kumar Dua ceased to be Director on 11 Mar 2020. Surendra Kumar Dua ceased to be Director on 11 Mar 2020. Reliable Hitech has 9 board changes on record in total.