Hi-Tech Chemicals Limited

Manufactures refractories and ceramic items for steel industry globally.

1986 | Kolkata, West Bengal (India) | Active
Last Updated: December 08, 2024

Hi-Tech Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 6.48 Cr
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 265.65 Cr
  • Revenue Growth 23.14%
  • Profit Growth 134.63%
  • Ebitda 85.74%
  • Net Worth 38.54%
  • Total Assets 33.14%

About Hi-Tech Chemicals

Hi-Tech Chemicals Limited (HCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 January 1986 and has a history of 39 years and one month. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Hi-Tech Chemicals Private Limited. The Company is engaged in the Manufacturing 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 9.00 Cr and a paid-up capital of Rs 6.48 Cr.

The company has closed loans amounting to ₹265.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prabha Agarwal, Raj Agarwal, and Rahul Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hitechgroup.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00300WB1986PLC124546

  • Company No.

    124546

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Hi-Tech Chemicals Limited offer?

Hi-Tech Chemicals Limited offers a wide range of products and services, including Industrial & Engineering Goods, Surface Plates, Casting, Moulding & Forging Machines, Casting Machines, Automatic Gate, Automatic Sliding Gate, Steel Making Machine, Sheet Metal & Turned Components, Machine Parts.

Who are the key members and board of directors at Hi-Tech Chemicals?

Board Members (3)

NameDesignationAppointment DateStatus
Prabha Agarwal Country flag representing In Director 25-Jan-2005Current
Raj Agarwal Country flag representing In Director 03-Apr-1987Current
Rahul Agarwal Country flag representing In Director 10-Jun-2013Current

Financial Performance of Hi-Tech Chemicals.

Hi-Tech Chemicals Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.14% increase. The company also saw a substantial improvement in profitability, with a 134.63% increase in profit. The company's net worth Soared by an impressive increase of 38.54%.

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
23.14%
Revenue from Operations
22.36%
Total Assets
33.14%
Profit or Loss
134.63%
Net Worth
38.54%
EBITDA
85.74%

What is the Ownership and Shareholding Structure of Hi-Tech Chemicals?

In 2022, Hi-Tech Chemicals 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

₹0

Satisfied Charges

₹265.65 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 191.56 Cr
  • Axis Bank Limited : 74.09 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2021Axis Bank Limited₹8.00 MSatisfied
31 Aug 2009Axis Bank Limited₹73.29 CrSatisfied
27 Jun 1994State Bank Of India₹39.85 CrSatisfied
27 Jun 1994State Bank Of India₹151.71 CrSatisfied

How Many Employees Work at Hi-Tech Chemicals?

Hi-Tech Chemicals has a workforce of 2 employees as of Mar 29, 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 Hi-Tech Chemicals, 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-Tech Chemicals'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 Hi-Tech Chemicals

Recent activity within the organization

  • Annual General Meeting

    Hi-Tech Chemicals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hi-Tech Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 10 Mar 2021 via Charge ID 100424925 with Axis Bank Limited was fully satisfied on 30 Jan 2023.

    30 Jan 2023

  • Charges

    A charge registered on 31 Aug 2009 via Charge ID 10173413 with Axis Bank Limited was fully satisfied on 30 Jan 2023.

    30 Jan 2023

  • Charges

    A charge registered on 27 Jun 1994 via Charge ID 90263883 with State Bank Of India was fully satisfied on 30 Jan 2023.

    30 Jan 2023

  • Charges

    A charge with State Bank Of India of Rs. 151.71 Cr registered on 27 Jun 1994 with Charge ID 90263883 was modified on 30 Sep 2022.

    30 Sep 2022

Frequently asked questions

  • Hi-Tech Chemicals Limited was incorporated on 16 Jan 1986.

  • The authorized share capital of Hi-Tech Chemicals Limited is ₹ 9.00 Cr and paid-up capital is ₹ 6.48 Cr.

  • Currently 3 directors are associated with Hi-Tech Chemicals Limited.

    • Prabha Agarwal
    • Raj Kumar Agarwal
    • Rahul Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Tech Chemicals Limited is Whitehouse119 Parkstreet, 4Thfloor'D' India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Hi-Tech Chemicals Limited is U00300WB1986PLC124546 and the company number is 124546 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hi-Tech Chemicals Limited is https://www.hitechgroup.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hi-Tech Chemicals Limited has risen by 23.14%.

  • As Per 2022 financial reports, 2 employees are currently employed by Hi-Tech Chemicals Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hi-Tech Chemicals Limited has experienced an upsurge of 38.54%.

  • The most recent Balance Sheet for Hi-Tech Chemicals Limited was filed with the ROC on 31 Mar 2024.

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