Hikal Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 24.66 Cr
- Company Age 36 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,504.06 Cr
- Satisfied Charges ₹ 1,606.36 Cr
- Revenue Growth 4.15%
- Profit Growth -51.17%
- Ebitda -24.52%
- Net Worth 6.13%
- Total Assets 7.79%
About Hikal
Hikal Limited (HL) is a leading Company incorporated in India on 08 July 1988 and has a history of 36 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524735 and on the National Stock Exchange(NSE) under HIKAL.
The Corporate was formerly known as Hikal Chemical Industries Limited. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 24.66 Cr.
The company currently has active open charges totaling ₹1,504.06 Cr. The company has closed loans amounting to ₹1,606.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hikal Limited India are Kuldeep Jain as CFO and Rajasekhar Chintakindi as Company Secretary. Sarangan Suresh, Shrikrishna Adivarekar, Ravi Kapoor, and Eight other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
What products or services does Hikal Limited offer?
Hikal Limited offers a wide range of products and services, including Nutraceuticals & Dietary Supplements, Protein Powder, Chemical Intermediates, Intermediate Chemicals, Product Development Research, R&D Consulting Services, Fitness Supplements, Animal Medicines & Health Care, Animal Treatment Services, Turnkey Consultants & Solutions.
Who are the key members and board of directors at Hikal?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sameer Hiremath  | Managing Director | 26-May-1999 | Current |
| Kuldeep Jain | CFO | 05-Nov-2020 | Current |
| Rajasekhar Chintakindi | Company Secretary | 05-Aug-2020 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shivani Bhasin | Director | 01-Aug-2019 | Current |
| Ravi Kapoor | Director | 23-Jan-2024 | Current |
| Ramachandra Vinnakota | Director | 01-Oct-2023 | Current |
| Berjis Desai | Director | 01-Oct-2023 | Current |
| Sarangan Suresh | Whole-Time Director | 09-Apr-2024 | Current |
| Shrikrishna Adivarekar | Director | 22-Dec-2021 | Current |
Financial Performance of Hikal.
Hikal Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.15% increase. The company also saw a substantial fall in profitability, with a 51.17% decrease in profit. The company's net worth moved up by a moderate rise of 6.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Hikal?
In 2022, Hikal had a promoter holding of 68.77% and a public holding of 31.23%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Schaeffler India LimitedAmit Kalyani is a mutual person
Acoris Research LimitedJai Hiremath and Sameer Hiremath are mutual person
Novartis India LimitedJai Hiremath is a mutual person
Man Infraconstruction LimitedBerjis Desai is a mutual person
Inventurus Knowledge Solutions LimitedBerjis Desai is a mutual person
Emcure Pharmaceuticals LimitedBerjis Desai is a mutual person
Charges (Loans)
₹1,504.06 Cr
₹1,606.36 Cr
Charges Breakdown by Lending Institutions
- Others : 875.00 Cr
- Axis Bank Limited : 385.00 Cr
- Hdfc Bank Limited : 75.00 Cr
- Uti Bank Ltd : 60.00 Cr
- Uti Bank Ltd. : 30.00 Cr
- Others : 79.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2023 | Others | ₹375.00 Cr | Open |
| 08 Nov 2022 | Others | ₹100.00 Cr | Open |
| 21 Jul 2020 | Others | ₹250.00 Cr | Open |
| 13 Dec 2019 | Others | ₹75.00 Cr | Open |
| 26 Aug 2019 | Others | ₹75.00 Cr | Open |
How Many Employees Work at Hikal?
Hikal has a workforce of 2192 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hikal, 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 Hikal's trajectory.
Rating
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
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.
