Hitech Corporation Limited logo

Hitech Corporation Limited

Manufacturer of plastic-based rigid packaging products for various industries, including paints, personal care, and healthcare.
1991 | Mumbai, Maharashtra (India) | Active

Last Updated:

November 16, 2024
HomeCompanyHitech Corporation Limited

Who are the key members and board of directors at Hitech Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Malav Dani InManaging Director30-Jan-2007Current
Ashish Vinodkumar InCompany Secretary01-Jun-2023Current
Avan Chaina InCFO03-Jul-2019Current

Board Members(8)

NameDesignationAppointment DateStatus
Prakash Trivedi In Director 20-Jan-2024Current
Aditya Sheth Us Director 25-Jun-2019Current
Ina Dani In Director 20-Jan-2024Current
Jayendra Shah In Director 27-May-2024Current
Mehernosh Mehta In Whole-Time Director 17-Mar-2016Current
Bomi Chinoy In Director 23-May-2016Current

Financial Performance and Corporate Structure Insights of Hitech Corporation.

Hitech Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.89% decrease. The company also saw a substantial fall in profitability, with a 24.25% decrease in profit. The company's net worth Soared by an impressive increase of 12.1%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.89%
Revenue from Operations
-5.06%
Total Assets
-3.80%
Profit or Loss
-24.25%
Net Worth
12.10%
EBITDA
-13.53%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹328.51 Cr

₹137.23 Cr

LenderAmountStatus

The Zoroastrian Co-Operative Bank Limited

Creation Date: 27 Mar 2024
₹9.00 CrOpen

Axis Bank Limited

Creation Date: 27 Sep 2019
₹20.00 CrOpen

Hdfc Bank Limited

Creation Date: 28 Mar 2019
₹32.00 CrOpen

How Many Employees Work at Hitech Corporation?

Hitech Corporation has a workforce of 462 employees as of May 15, 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.

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Latest Updates, News, and FAQs on Hitech Corporation

Recent activity within the organization

  • Annual General Meeting

    Hitech Corporation Limited last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.

    25 Jul 2024

  • Director Appointment

    Jayendra Ratilal Shah was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 6 months 25 days .

    27 May 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 04 May 2017 with Charge ID 100109804 was modified on 24 May 2024.

    24 May 2024

  • Balance Sheet

    Hitech Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with The Zoroastrian Co-Operative Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100902779 was registered on 27 Mar 2024.

    27 Mar 2024

  • Director Appointment

    Anjan Ray was appointed as a Director was appointed as a Director on 26 Feb 2024 & has been associated with this company since 9 months 24 days .

    26 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Hitech Corporation Limited was incorporated on 16 Oct 1991.

  • The authorized share capital of Hitech Corporation Limited is ₹ 60.50 Cr and paid-up capital is ₹ 17.18 Cr.

  • Currently 11 directors are associated with Hitech Corporation Limited.

    • Ina Ashwin Dani
    • Jayendra Ratilal Shah
    • Prakash Druman Trivedi
    • Mehernosh Adi Mehta
    • Malav Ashwin Dani
    • Bomi Pesi Chinoy
    • Avan Rohinton Chaina
    • Ashish Roongta Vinodkumar
    • Anjan Ray
    • Aditya Mahendra Sheth
    • Kalpana Vithaldas Merchant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Corporation Limited is Unit No. 201 2Nd Floor Welspun House Kamala City Senapati Bapat Marg, Lower Parel India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Hitech Corporation Limited is L28992MH1991PLC168235 and the company number is 168235 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hitech Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HITECHCORP.

  • The Official website of Hitech Corporation Limited is https://www.hitechgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hitech Corporation Limited has fallen by -4.89%.

  • As Per 2023 financial reports, 462 employees are currently employed by Hitech Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hitech Corporation Limited has experienced an upsurge of 12.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hitech Corporation Limited amount to ₹ 328.51 Cr.

  • The most recent Balance Sheet for Hitech Corporation Limited was filed with the ROC on 31 Mar 2024.

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