Hightemp Furnaces Limited

Manufactures heat treat furnaces and offers commercial heat treatment services.

1971 | Pune, Maharashtra (India) | Active
Last Updated: January 04, 2025

Hightemp Furnaces Profile

Key Indicators

  • Authorised Capital ₹ 21.50 Cr
  • Paid Up Capital ₹ 9.02 Cr
  • Company Age 53 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 127.50 Cr
  • Revenue Growth 8.39%
  • Profit Growth -10.44%
  • Ebitda 2.22%
  • Net Worth 6.68%
  • Total Assets 9.95%

About Hightemp Furnaces

Hightemp Furnaces Limited (HFL) was founded in India on 16 April 1971 and has a glorious history of 53 years and nine months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Hightemp Furnaces Pvt Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 21.50 Cr and a paid-up capital of Rs 9.02 Cr.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹127.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Francis Thettayil, Gopal Mahadevan, Narayan Mahadevan, and Six other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PN1971PLC220089

  • Company No.

    015115

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1971

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Hightemp Furnaces Limited offer?

Hightemp Furnaces Limited offers a wide range of products and services, including Industrial Furnaces & Ovens, Heating Furnace, Manufacturing & Assembling Services, Heat Treating Services, Gas Furnace, Machining Job Work, Gas Plants, Endo Gas Generator, Industrial Furnaces, Industrial Air Conditioner & Devices.

Who are the key members and board of directors at Hightemp Furnaces?

Executive Team (1)

Name Designation Appointment Date Status
Gopal Mahadevan Country flag representing In Managing Director 10-Oct-1985 Current

Board Members (8)

Name Designation Appointment Date Status
Gopal Duvvuri Country flag representing In Whole-Time Director 01-Apr-2022 Current
Francis Thettayil Country flag representing In Whole-Time Director 25-Apr-2017 Current
Narayan Mahadevan Country flag representing In Whole-Time Director 01-Apr-2013 Current
Akihiro Sato Country flag representing In Whole-Time Director 25-Aug-2016 Current
Tadanori Nakahiro Country flag representing In Whole-Time Director 25-Apr-2017 Current
Nozomu Shinko Country flag representing Jp Director 27-May-2024 Current

Financial Performance of Hightemp Furnaces.

Hightemp Furnaces Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 8.39% increase. The company also saw a substantial fall in profitability, with a 10.44% decrease in profit. The company's net worth moved up by a moderate rise of 6.68%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
8.39%
Revenue from Operations
7.98%
Total Assets
9.95%
Profit or Loss
-10.44%
Net Worth
6.68%
EBITDA
2.22%

What is the Ownership and Shareholding Structure of Hightemp Furnaces?

In 2021, Hightemp Furnaces had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 Cr

Satisfied Charges

₹127.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Mar 2022 State Bank Of India ₹50.00 Cr Open
11 Feb 2019 Canara Bank ₹2.00 M Satisfied
23 Feb 2013 Others ₹34.90 Cr Satisfied
06 Mar 2010 Tata Capital Limited ₹1.74 Cr Satisfied
10 Jul 2009 Tata Capital Limited ₹1.11 Cr Satisfied

How Many Employees Work at Hightemp Furnaces?

Hightemp Furnaces has a workforce of 441 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hightemp Furnaces, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hightemp Furnaces's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hightemp Furnaces

Recent activity within the organization

  • Annual General Meeting

    Hightemp Furnaces Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

    11 Sep 2024

  • Director Appointment

    Nozomu Shinko was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 8 months 12 days .

    27 May 2024

  • Director Appointment

    Koki Kagawa was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 8 months 12 days .

    27 May 2024

  • Director Appointment

    Hironori Aoi was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 8 months 12 days .

    27 May 2024

  • Balance Sheet

    Hightemp Furnaces Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 11 Feb 2019 via Charge ID 100249550 with Canara Bank was fully satisfied on 26 Oct 2023.

    26 Oct 2023

Frequently asked questions

  • Hightemp Furnaces Limited was incorporated on 16 Apr 1971.

  • The authorized share capital of Hightemp Furnaces Limited is ₹ 21.50 Cr and paid-up capital is ₹ 9.02 Cr.

  • Currently 9 directors are associated with Hightemp Furnaces Limited.

    • Francis Thettayil
    • Gopal Mahadevan
    • Narayan Mahadevan
    • Akihiro Sato
    • Tadanori Nakahiro
    • Gopal Duvvuri
    • Nozomu Shinko
    • Koki Kagawa
    • Hironori Aoi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hightemp Furnaces Limited is 615 Kuruli Chakan Taluka, India, Khed, Maharashtra, 410501.

  • The corporate identification number (CIN) of Hightemp Furnaces Limited is U74999PN1971PLC220089 and the company number is 015115 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hightemp Furnaces Limited is https://www.hightemp-furnaces.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Hightemp Furnaces Limited has risen by 8.39%.

  • As Per 2019 financial reports, 441 employees are currently employed by Hightemp Furnaces Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Hightemp Furnaces Limited has experienced an upsurge of 6.68%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Hightemp Furnaces Limited amount to ₹ 50.00 Cr.

  • The most recent Balance Sheet for Hightemp Furnaces Limited was filed with the ROC on 31 Mar 2024.

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