Hira Ferro Alloys Profile
Key Indicators
- Authorised Capital ₹ 133.60 Cr
- Paid Up Capital ₹ 133.19 Cr
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 232.95 Cr
- Satisfied Charges ₹ 1,922.43 Cr
- Revenue Growth -23.21%
- Profit Growth -80.80%
- Ebitda -81.89%
- Net Worth 1.69%
- Total Assets 17.63%
About Hira Ferro Alloys
Hira Ferro Alloys Limited (HFAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 December 1984 and has a history of 40 years and one month. Its registered office is in Raipur, Chattisgarh, India.
The Corporate was formerly known as Parin Commercial Limited. The Company is engaged in the Environment 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 133.60 Cr and a paid-up capital of Rs 133.19 Cr.
The company currently has active open charges totaling ₹232.95 Cr. The company has closed loans amounting to ₹1,922.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hira Ferro Alloys Limited India are Mohit Chande as COMPANY SECRETARY and Dilip Chauhan as Cfo. Hukam Daga, Yarra Rao, Missbhavna Desai, and Four other members serve as directors at the Company.
Company Details
- Location
Raipur, Chattisgarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27101CT1984PLC005837
- Company No.
005837
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Dec 1984
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chhattisgarh
Industry
What products or services does Hira Ferro Alloys Limited offer?
Hira Ferro Alloys Limited offers a wide range of products and services, including Ferro Alloys, High Carbon Ferro Manganese, Ferro Manganese, Biofuel, Biomass, Bricks, Fly Ash Bricks, Windmills & Wind Turbines, Generators, Turbines & Power Plants, Power Plants & Spare Parts.
Who are the key members and board of directors at Hira Ferro Alloys?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohit Chande | Company Secretary | 01-Jan-2008 | Current |
| Dilip Chauhan | CFO | 24-May-2014 | Current |
Narayan Agrawal  | Managing Director | 29-Sep-2001 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinod Pillai | Whole-Time Director | 01-Apr-2022 | Current |
| Hukam Daga | Director | 20-Aug-2024 | Current |
| Yarra Rao | Director | 26-Apr-1999 | Current |
| Missbhavna Desai | Director | 07-Aug-2020 | Current |
| Ajay Dubey | Director | 26-Sep-2019 | Current |
| Dinesh Gandhi | Director | 12-Apr-2022 | Current |
Financial Performance of Hira Ferro Alloys.
Hira Ferro Alloys Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.21% decrease. The company also saw a substantial fall in profitability, with a 80.8% decrease in profit. The company's net worth moved up by a moderate rise of 1.69%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Hira Ferro Alloys?
In 2023, Hira Ferro Alloys had a promoter holding of 91.83% and a public holding of 8.17%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hira Infra-Tek LimitedAjay Dubey and Vinod Pillai are mutual person
Hira Global Private LimitedVinod Pillai is a mutual person
Hira FoundationYarra Rao is a mutual person
Hira Buildcon Prvate LimitedNarayan Agrawal is a mutual person
Kifs Housing Finance LimitedMissbhavna Desai is a mutual person
Tridhaatu Jehangir Mansion Developers Ll PMissbhavna Desai is a mutual person
Charges (Loans)
₹232.95 Cr
₹1,922.43 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 150.06 Cr
- Axis Bank Limited : 80.00 Cr
- Hdfc Bank Limited : 2.89 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2024 | Hdfc Bank Limited | ₹1.84 Cr | Open |
| 01 Aug 2023 | Axis Bank Limited | ₹80.00 Cr | Open |
| 18 Oct 2021 | Hdfc Bank Limited | ₹3.87 M | Open |
| 09 Sep 2021 | Hdfc Bank Limited | ₹6.63 M | Open |
| 28 May 2021 | State Bank Of India | ₹146.60 Cr | Open |
How Many Employees Work at Hira Ferro Alloys?
Hira Ferro Alloys has a workforce of 408 employees as of Oct 20, 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 Hira Ferro Alloys, 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 Hira Ferro Alloys'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.
