Hittco Tools Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 21-07-2024
- Paid Up Capital ₹ 6.04 Cr
as on 21-07-2024
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.96 Cr
as on 21-07-2024
- Satisfied Charges ₹ 8.46 Cr
as on 21-07-2024
- Revenue 5.77%
(FY 2023)
- Profit -16.52%
(FY 2023)
- Ebitda 2.51%
(FY 2023)
- Net Worth 22.91%
(FY 2023)
- Total Assets -1.36%
(FY 2023)
About Hittco Tools
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531661.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.04 Cr.
The company currently has active open charges totaling ₹1.96 Cr. The company has closed loans amounting to ₹8.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hittco Tools Limited India are Sarita Kirnani as COMPANY SECRETARY and Ruth Chithraj as Cfo. Sidharth Bhandari, Madhu Bhandari, Surendra Bhandari, and Five other members serve as directors at the Company.
- CIN/LLPIN
L28939KA1995PLC016888
- Company No.
016888
- Stock Symbol
BSE : 531661
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Jan 1995
- Date of AGM
17 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Hittco Tools Limited offer?
Hittco Tools Limited offers a wide range of products and services, including Carbide Drills, Solid Carbide Drill, HSS Drill Bits, HSS Parallel Shank Twist Drills, Carbide Milling Cutters, Solid Carbide End Mills, Carbide Cutting Tools, Solid Carbide Tools.
Who are the key members and board of directors at Hittco Tools?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surendra Bhandari  | Managing Director | 04-Jan-1995 | Current |
| Sarita Kirnani | Company Secretary | 31-Aug-2023 | Current |
| Ruth Chithraj | CFO | 09-Jul-2024 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeev Hassanand | Additional Director | 09-Jul-2024 | Current |
| Sidharth Bhandari | Director | 04-Jan-1995 | Current |
| Madhu Bhandari | Director | 04-Jan-1995 | Current |
| Vikram Gupta | Director | 30-Jun-2009 | Current |
| Satish Shimoga | Director | 19-May-2008 | Current |
| Yashvardhan Bhandari | Director | 18-Dec-2017 | Current |
Financial Performance and Corporate Structure Insights of Hittco Tools.
Hittco Tools Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.77% increase. The company also saw a substantial fall in profitability, with a 16.52% decrease in profit. The company's net worth Soared by an impressive increase of 22.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hittco Tools?
In 2023, Hittco Tools had a promoter holding of 25.63% and a public holding of 74.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 25 Aug 2022 | ₹1.30 Cr | Open |
Others Creation Date: 17 Sep 2021 | ₹5.50 M | Open |
Others Creation Date: 27 Aug 2021 | ₹1.09 M | Open |
How Many Employees Work at Hittco Tools?
Hittco Tools has a workforce of 34 employees as of Jul 21, 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 Hittco Tools, 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 Hittco Tools'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.
