Hitech Magnetics And Electronics Private Limited logo

Hitech Magnetics And Electronics Private Limited

Designs and manufactures custom electronic products for various clients.
2011 | Bangaluru, Karnataka (India) | Active

Last Updated:

November 16, 2024
HomeCompanyHitech Magnetics And Electronics Private Limited

Who are the key members and board of directors at Hitech Magnetics And Electronics?

Board Members(2)

NameDesignationAppointment DateStatus
Uma Reddy In Director 28-Mar-2011Current
Nirmitha Reddy In Director 28-Mar-2011Current

Financial Performance and Corporate Structure Insights of Hitech Magnetics And Electronics.

Hitech Magnetics And Electronics Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.01% increase. The company also saw a substantial improvement in profitability, with a 31.24% increase in profit. The company's net worth Soared by an impressive increase of 16.42%.

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  • 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
6.01%
Revenue from Operations
6.14%
Total Assets
-3.28%
Profit or Loss
31.24%
Net Worth
16.42%
EBITDA
23.84%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Hitech Magnetics And Electronics?

Hitech Magnetics And Electronics has a workforce of 24 employees as of Mar 23, 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 Magnetics And Electronics

Recent activity within the organization

  • Annual General Meeting

    Hitech Magnetics And Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hitech Magnetics And Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Uma Reddy was appointed as a Director was appointed as a Director on 28 Mar 2011 & has been associated with this company since 13 years 8 months .

    28 Mar 2011

  • Director Appointment

    Nirmitha Cheemalavagupalli Reddy was appointed as a Director was appointed as a Director on 28 Mar 2011 & has been associated with this company since 13 years 8 months .

    28 Mar 2011

  • Company Incorporation

    Hitech Magnetics And Electronics Private Limited was registered on 28 Mar 2011 with Roc Bangalore & aged 13 years 8 months as per MCA records.

    28 Mar 2011

Frequently asked questions

  • Hitech Magnetics And Electronics Private Limited was incorporated on 28 Mar 2011.

  • The authorized share capital of Hitech Magnetics And Electronics Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Hitech Magnetics And Electronics Private Limited.

    • Uma Reddy
    • Nirmitha Cheemalavagupalli Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Magnetics And Electronics Private Limited is No.1 2 Mes Ring Road, Sharadambanagar Jalahalli India, Bangalore, Karnataka, 560013.

  • The corporate identification number (CIN) of Hitech Magnetics And Electronics Private Limited is U31900KA2011PTC057891 and the company number is 057891 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hitech Magnetics And Electronics Private Limited is https://www.hitechmagnetics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hitech Magnetics And Electronics Private Limited has risen by 6.01%.

  • As Per 2023 financial reports, 24 employees are currently employed by Hitech Magnetics And Electronics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hitech Magnetics And Electronics Private Limited has experienced an upsurge of 16.42%.

  • The most recent Balance Sheet for Hitech Magnetics And Electronics Private Limited was filed with the ROC on 31 Mar 2024.

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