Hine Hydraulics India Private Limited

Manufacturing and supplying integrated hydraulic systems and valves, with facilities in Chennai and Tamil Nadu.

2010 | Papparambakkam, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Hine Hydraulics India Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 3.72 Cr
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 7.03%
  • Profit Growth -121.15%
  • Ebitda -63.84%
  • Net Worth -0.98%
  • Total Assets 32.37%

About Hine Hydraulics India

Hine Hydraulics India Private Limited (HHIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 19 November 2010 and has a history of 14 years and three months. Its registered office is in Papparambakkam, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 22.00 Cr and a paid-up capital of Rs 3.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hine Hydraulics India Private Limited India are Inigo Mugica as CEO and Selvam Ashokkumar as Cfo. Ravi Patil, Lander Arrizabalaga, and Mikel Arratibel serve as directors at the Company.

Company Details

  • Location

    Papparambakkam, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hinegroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29266TN2010FTC078141

  • Company No.

    078141

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    19 Nov 2010

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Hine Hydraulics India?

Executive Team (2)

NameDesignationAppointment DateStatus
Inigo Mugica CEO01-Sep-2023Current
Selvam Ashokkumar CFO31-Mar-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Ravi Patil Country flag representing In Director 21-Oct-2015Current
Lander Arrizabalaga Country flag representing Es Director 19-Nov-2010Current
Mikel Arratibel Country flag representing Es Director 16-Aug-2021Current

Financial Performance of Hine Hydraulics India.

Hine Hydraulics India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.03% increase. The company also saw a substantial fall in profitability, with a 121.15% decrease in profit. The company's net worth dipped by a decrease of 0.98%.

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
7.03%
Revenue from Operations
7.33%
Total Assets
32.37%
Profit or Loss
-121.15%
Net Worth
-0.98%
EBITDA
-63.84%

What is the Ownership and Shareholding Structure of Hine Hydraulics India?

In 2023, Hine Hydraulics India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Hine Hydraulics India?

Hine Hydraulics India has a workforce of 40 employees as of Apr 08, 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 Hine Hydraulics India, 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 Hine Hydraulics India'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 Hine Hydraulics India

Recent activity within the organization

  • Annual General Meeting

    Hine Hydraulics India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Inigo Emparanza Mugica was appointed as a Ceo was appointed as a Ceo on 01 Sep 2023 & has been associated with this company since 1 year 5 months .

    01 Sep 2023

  • Balance Sheet

    Hine Hydraulics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Selvam Ashokkumar was appointed as a Cfo was appointed as a Cfo on 31 Mar 2023 & has been associated with this company since 1 year 10 months .

    31 Mar 2023

  • Director Appointment

    Mikel Arrizabalaga Arratibel was appointed as a Director was appointed as a Director on 16 Aug 2021 & has been associated with this company since 3 years 6 months .

    16 Aug 2021

  • Director Appointment

    Ravi Vyankatesh Patil was appointed as a Director was appointed as a Director on 21 Oct 2015 & has been associated with this company since 9 years 4 months .

    21 Oct 2015

Frequently asked questions

  • Hine Hydraulics India Private Limited was incorporated on 19 Nov 2010.

  • The authorized share capital of Hine Hydraulics India Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 3.72 Cr.

  • Currently 5 directors are associated with Hine Hydraulics India Private Limited.

    • Ravi Vyankatesh Patil
    • Lander Guibelalde Arrizabalaga
    • Mikel Arrizabalaga Arratibel
    • Inigo Emparanza Mugica
    • Selvam Ashokkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hine Hydraulics India Private Limited is Survey No: 446/7 & 446/8 Papparambakkam Village Thiruvallur District Pin Code 602025, Tamil Nadu, India.

  • The corporate identification number (CIN) of Hine Hydraulics India Private Limited is U29266TN2010FTC078141 and the company number is 078141 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hine Hydraulics India Private Limited is https://www.hinegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hine Hydraulics India Private Limited has risen by 7.03%.

  • As Per 2023 financial reports, 40 employees are currently employed by Hine Hydraulics India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hine Hydraulics India Private Limited has experienced an downturn of -0.98%.

  • The most recent Balance Sheet for Hine Hydraulics India Private Limited was filed with the ROC on 31 Mar 2023.

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