Hitech Corporation Limited Company Logo

Hitech Corporation Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1991.

1991 | Mumbai, Maharashtra, India | Active
Last Updated:

About Hitech Corporation Limited

Hitech Corporation Limited, a active public limited company, was established on 16 October 1991 in Mumbai, Maharashtra, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: L28992MH1991PLC168235. Registered under ROC Roc Mumbai. it is listed on BSE: 526217 and NSE: HITECHCORP. It has an authorized capital of ₹60.50 Cr and a paid-up capital of ₹17.18 Cr.

Formerly known as Hitech Plast Limited. It upholds a compliant status. In 2023, it reported revenue of ₹560.41 Cr and a net worth of ₹243.21 Cr. Employing 462 professional, Its leadership includes Bomi Pesi Chinoy (Director), Aditya Mahendra Sheth (Director), Jayendra Ratilal Shah (Director). Past directors included Rajnikant Baldevlal Desai, Bomi Pesi Chinoy, Ashok Kumar Goyal. It holds ₹323.51 Cr open charges and ₹182.23 Cr settled loans. Its latest AGM occurred on 24 July 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No. 201, 2Nd Floor, Welspun House, Kamala City, Senapati Bapat Marg, Lower, Parel, Mumbai, Maharashtra, 400013.

Company Details

  • CIN/LLPIN

    L28992MH1991PLC168235

  • Registration Number

    168235

  • Incorporation Date

    16 October 1991

  • Authorized Capital

    ₹60.50 Cr

  • Paid-Up Capital

    ₹17.18 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 526217, NSE: HITECHCORP)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 60.50 Cr
  • Paid Up Capital ₹ 17.18 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 323.51 Cr
  • Satisfied Charges ₹ 182.23 Cr
  • Revenue Growth -4.89%
  • Profit Growth -24.25%
  • Ebitda -13.53%
  • Net Worth 12.10%
  • Total Assets -3.80%
Company report

Hitech Corporation Limited

Company Report FY 2025-2026

Explore comprehensive insights into Hitech Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
Bomi Pesi ChinoyDirector23 May 2016Current
Aditya Mahendra ShethDirector25 Jun 2019Current
Jayendra Ratilal ShahDirector29 Apr 2024Current
Ina Ashwin DaniDirector22 Dec 2023Current
Sivaram SwaminathanDirector19 Dec 2024Current
Malav Ashwin DaniManaging Director01 Feb 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector31 Mar 2019Past
Pramod AbcsddAdditional Director23 Sep 2016Past
Pramod AbcsddManaging Director15 Aug 2012Past
Pramod AbcsddCompany Secretary31 Aug 2012Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddAdditional Director13 Sep 2014Past

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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%.

Hitech Corporation revenue growth over time
Hitech Corporation 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
-4.89%
Revenue from Operations
-5.06%
Total Assets
-3.80%
Profit or Loss
-24.25%
Net Worth
12.10%
EBITDA
-13.53%

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.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹3,235,100,000.00

Satisfied Charges

₹1,822,307,800.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 201.06 Cr
  • Kotak Mahindra Bank Limited : 80.70 Cr
  • Axis Bank Limited : 20.00 Cr
  • Standard Chartered Bank : 10.00 Cr
  • The Zoroastrian Co-Operative Bank Limited : 9.00 Cr
  • Others : 2.75 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024The Zoroastrian Co-Operative Bank Limited₹9.00 CrOpen
27 Sep 2019Axis Bank Limited₹20.00 CrOpen
28 Mar 2019Hdfc Bank Limited₹32.00 CrOpen
04 May 2017Hdfc Bank Limited₹110.00 CrOpen
24 Jul 2014Hdfc Bank Limited₹59.06 CrOpen

Explore comprehensive loan charge details -

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.

Employee growth trends for Hitech Corporation Limited

Deals i

Graph showing company valuation over time

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

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 Hitech Corporation

Recent Activity within the Organization

  • Annual General Meeting

    Hitech Corporation Limited last Annual general meeting of members was held on 24 Jul 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Hetali Harish Mehta was appointed as a Company Secretary was appointed as a Company Secretary on 18 Apr 2025 & has been associated with this company since 8 months 5 days . was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 110.00 Cr registered on 04 May 2017 with Charge ID 100109804 was modified on 05 Apr 2025. was completed.

  • Balance Sheet

    Progress on Hitech Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    A charge registered on 12 Apr 2018 via Charge ID 100171993 with Others was fully satisfied on 14 Feb 2025. was recorded as a recent event.

  • Director Appointment

    Progress on Sivaram Swaminathan was appointed as a Director was appointed as a Director on 19 Dec 2024 & has been associated with this company since 1 year 3 days . was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Hitech Corporation Limited?

    The CIN of Hitech Corporation Limited is L28992MH1991PLC168235.

  • Where is Hitech Corporation Limited headquartered?

    Hitech Corporation Limited is headquartered at Unit No. 201, 2Nd Floor, Welspun House, Kamala City, Senapati Bapat Marg, Lower, Parel, Mumbai, Maharashtra, 400013.

  • When was Hitech Corporation Limited incorporated?

    Hitech Corporation Limited was incorporated on 16 October 1991.

  • Who are the current directors of Hitech Corporation Limited?

    The current directors of Hitech Corporation Limited are

  • What is the primary industry of Hitech Corporation Limited?

    The primary industry of Hitech Corporation Limited is Manufacturing.

  • Is Hitech Corporation Limited a listed company?

    Hitech Corporation Limited is listed. It is listed on BSE: 526217 and NSE: HITECHCORP.

  • What is the capital structure of Hitech Corporation Limited?

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

  • What is the compliance status of Hitech Corporation Limited?

    The compliance status of Hitech Corporation Limited is Compliant.

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