Hi-Life Machine Tools Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.25 M
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.28 M
- Satisfied Charges ₹ 2.60 M
- Revenue Growth 68.32%
- Profit Growth 114.98%
- Ebitda 85.63%
- Net Worth 19.57%
- Total Assets 14.30%
About Hi-Life Machine Tools
Hi-Life Machine Tools Ltd (HMTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 December 1984 and has a history of 40 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Hi-Life Machine Tools Pvt Ltd. 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 1.50 M and a paid-up capital of Rs 1.25 M.
The company currently has active open charges totaling ₹4.28 M. The company has closed loans amounting to ₹2.60 M, as per Ministry of Corporate Affairs (MCA) records.
Kinjal Shah, Ankit Shah, and Ashok Shah serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U26941GJ1984PLC007503
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Company No.
007503
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
19 Dec 1984
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Date of AGM
16 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Hi-Life Machine Tools Ltd offer?
Hi-Life Machine Tools Ltd offers a wide range of products and services, including Grinding Machines, Surface Grinding Machine, Internal Grinding Machine, Milling & Grinding Tools, CNC Machines, CNC Cylindrical Grinding Machine, CNC Machines & Lathe Machine, Face Grinding Machine, Centerless Grinding Machines.
Who are the key members and board of directors at Hi-Life Machine Tools?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kinjal Shah
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Whole-Time Director | 25-Aug-2005 | Current |
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Ankit Shah
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Whole-Time Director | 01-Apr-1999 | Current |
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Ashok Shah
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Whole-Time Director | 19-Dec-1984 | Current |
Financial Performance of Hi-Life Machine Tools.
Hi-Life Machine Tools Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 68.32% increase. The company also saw a substantial improvement in profitability, with a 114.98% increase in profit. The company's net worth Soared by an impressive increase of 19.57%.
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What is the Ownership and Shareholding Structure of Hi-Life Machine Tools?
In 2022, Hi-Life Machine Tools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹4.28 M
₹2.60 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.43 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2021 | Axis Bank Limited | ₹4.28 M | Open |
| 05 Jul 2011 | Allahabad Bank | ₹2.20 M | Satisfied |
| 08 Jan 1994 | Central Bank Of India | ₹0.40 M | Satisfied |
How Many Employees Work at Hi-Life Machine Tools?
Hi-Life Machine Tools has a workforce of 46 employees as of Apr 05, 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 Hi-Life Machine Tools, 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 Hi-Life Machine Tools'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.
