Hitech Corporation Profile
Key Indicators
- Authorised Capital ₹ 60.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 17.18 Cr
as on 16-11-2024
- Company Age 33 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 328.51 Cr
as on 16-11-2024
- Satisfied Charges ₹ 137.23 Cr
as on 16-11-2024
- Revenue -4.89%
(FY 2023)
- Profit -24.25%
(FY 2023)
- Ebitda -13.53%
(FY 2023)
- Net Worth 12.10%
(FY 2023)
- Total Assets -3.80%
(FY 2023)
About Hitech Corporation
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526217 and on the National Stock Exchange(NSE) under HITECHCORP.
The Corporate was formerly known as Hitech Plast 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 60.50 Cr and a paid-up capital of Rs 17.18 Cr.
The company currently has active open charges totaling ₹328.51 Cr. The company has closed loans amounting to ₹137.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hitech Corporation Limited India are Avan Chaina as CFO and Ashish Vinodkumar as Company Secretary. Ina Dani, Jayendra Shah, Prakash Trivedi, and Six other members serve as directors at the Company.
- CIN/LLPIN
L28992MH1991PLC168235
- Company No.
168235
- Stock Symbol
BSE : 526217 NSE : HITECHCORP
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Oct 1991
- Date of AGM
25 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Hitech Corporation Limited offer?
Hitech Corporation Limited offers a wide range of products and services, including Stamping Tools & Stamping Machine, Automotive & Electrical Stampings, Learning and Educational Toy, Educational Game, Architectural & Civil Engineering, Architectural Services, Business Consultant, Innovation Management, Printing & Binding Services, Printing Services.
Who are the key members and board of directors at Hitech Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Malav Dani  | Managing Director | 30-Jan-2007 | Current |
| Ashish Vinodkumar | Company Secretary | 01-Jun-2023 | Current |
| Avan Chaina | CFO | 03-Jul-2019 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prakash Trivedi | Director | 20-Jan-2024 | Current |
Aditya Sheth  | Director | 25-Jun-2019 | Current |
| Ina Dani | Director | 20-Jan-2024 | Current |
| Jayendra Shah | Director | 27-May-2024 | Current |
| Mehernosh Mehta | Whole-Time Director | 17-Mar-2016 | Current |
| Bomi Chinoy | Director | 23-May-2016 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Hitech Corporation?
In 2023, Hitech Corporation had a promoter holding of 74.44% and a public holding of 25.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sattva Holding And Trading Private LimitedActive 13 years 10 monthsMalav Dani and Bomi Chinoy are mutual person
Rituh Holding And Trading Company Private LimitedActive 11 years 6 monthsIna Dani is a mutual person
Paladin Paints & Chemicals Private LimitedActive 17 years 9 monthsMehernosh Mehta is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Zoroastrian Co-Operative Bank Limited Creation Date: 27 Mar 2024 | ₹9.00 Cr | Open |
Axis Bank Limited Creation Date: 27 Sep 2019 | ₹20.00 Cr | Open |
Hdfc Bank Limited Creation Date: 28 Mar 2019 | ₹32.00 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hitech Corporation, 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 Hitech Corporation'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.
