Hi-Tech Radiators Profile
Key Indicators
- Authorised Capital ₹ 5.70 Cr
- Paid Up Capital ₹ 5.35 Cr
- Company Age 35 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 227.28 Cr
- Satisfied Charges ₹ 104.66 Cr
- Revenue Growth 70.60%
- Profit Growth 414.55%
- Ebitda 41.84%
- Net Worth 29.56%
- Total Assets 33.21%
About Hi-Tech Radiators
Hi-Tech Radiators Private Limited (HRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 December 1989 and has a history of 35 years and two months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Hi-Tech Switchgears Private Limited. The Company is engaged in the Energy And Power 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 5.70 Cr and a paid-up capital of Rs 5.35 Cr.
The company currently has active open charges totaling ₹227.28 Cr. The company has closed loans amounting to ₹104.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hi-Tech Radiators Private Limited India is Praveen Bhandari as CFO. Kartik Daftari, Yatin Daftari, and Yogesh Jadhav serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31200MH1989PTC054750
- Company No.
054750
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Dec 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Hi-Tech Radiators Private Limited offer?
Hi-Tech Radiators Private Limited offers a wide range of products and services, including Transformer Parts, Transformer Radiator, Industrial & Home Radiators, Stainless Steel Radiator, Industrial Heaters, Industrial Radiators, Heater, Thermostat & Heating Devices.
Who are the key members and board of directors at Hi-Tech Radiators?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kartik Daftari  | Managing Director | 30-Sep-1997 | Current |
| Praveen Bhandari | CFO | 03-Aug-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yatin Daftari | Director | 20-Aug-2008 | Current |
| Yogesh Jadhav | Director | 05-Aug-2024 | Current |
Financial Performance of Hi-Tech Radiators.
Hi-Tech Radiators Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 70.6% increase. The company also saw a substantial improvement in profitability, with a 414.55% increase in profit. The company's net worth Soared by an impressive increase of 29.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Hi-Tech Radiators?
In 2022, Hi-Tech Radiators had a promoter holding of 91.87% and a public holding of 8.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹227.28 Cr
₹104.66 Cr
Charges Breakdown by Lending Institutions
- Others : 165.59 Cr
- Citi Bank N.A. : 59.40 Cr
- Hdfc Bank Limited : 2.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Citi Bank N.A. | ₹29.40 Cr | Open |
| 30 Apr 2024 | Others | ₹3.20 M | Open |
| 12 May 2023 | Citi Bank N.A. | ₹30.00 Cr | Open |
| 25 Apr 2023 | Hdfc Bank Limited | ₹1.08 Cr | Open |
| 29 Mar 2022 | Hdfc Bank Limited | ₹1.21 Cr | Open |
How Many Employees Work at Hi-Tech Radiators?
Unlock and access historical data on people associated with Hi-Tech Radiators, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hi-Tech Radiators, 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 Radiators'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.
