Hmt Watches Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.49 Cr
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.75 Cr
- Satisfied Charges ₹ 135.66 Cr
- Revenue Growth -24.15%
- Profit Growth 42.99%
- Ebitda 12.49%
- Net Worth 0.06%
- Total Assets -69.28%
About Hmt Watches
Hmt Watches Limited (HWL) is a Public Limited Union Government Company incorporated in India on 09 August 1999 and has a history of 25 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Musical Instruments 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 7.00 Cr and a paid-up capital of Rs 6.49 Cr.
The company currently has active open charges totaling ₹9.75 Cr. The company has closed loans amounting to ₹135.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Renuka Mishra, Naresh Kumar, and Rajesh Kohli serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U33301KA1999GOI025573
- Company No.
025573
- Company Classification
Public Limited Union Government Company
- Incorporation Date
09 Aug 1999
- Date of AGM
02 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Musical Instruments
Hmt Watches Limited
Explore comprehensive data for Hmt Watches Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Hmt Watches?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Kohli  | Managing Director | 01-May-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Renuka Mishra | Nominee Director | 20-Aug-2024 | Current |
| Naresh Kumar | Nominee Director | 27-Mar-2023 | Current |
Financial Performance of Hmt Watches.
Hmt Watches Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.15% decrease. The company also saw a substantial improvement in profitability, with a 42.99% increase in profit. The company's net worth moved up by a moderate rise of 0.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hmt Watches?
In 2023, Hmt Watches had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hmt Machine Tools LimitedRenuka Mishra and Rajesh Kohli are mutual person
_LIMITED.webp)
Engineering Projects (India) LimitedRenuka Mishra is a mutual person
Raichur Power Corporation LimitedRajesh Kohli is a mutual person
Charges (Loans)
Open Charges
₹9.75 Cr
Satisfied Charges
₹135.66 Cr
Charges Breakdown by Lending Institutions
- The Cosmos Co-Operative Bank Ltd. : 7.25 Cr
- The Coosmos Co-Operative Bank Ltd. : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2002 | The Coosmos Co-Operative Bank Ltd. | ₹2.00 Cr | Open |
| 11 Apr 2002 | The Cosmos Co-Operative Bank Ltd. | ₹2.50 M | Open |
| 27 Mar 2002 | The Coosmos Co-Operative Bank Ltd. | ₹5.00 M | Open |
| 16 Dec 2001 | The Cosmos Co-Operative Bank Ltd. | ₹2.00 Cr | Open |
| 05 Nov 2001 | The Cosmos Co-Operative Bank Ltd. | ₹5.00 Cr | Open |
How Many Employees Work at Hmt Watches?
Hmt Watches has a workforce of 3 employees as of Apr 08, 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 Hmt Watches, 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 Hmt Watches'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.
Latest Updates, News, and FAQs on Hmt Watches
Recent activity within the organization
- Annual General Meeting
Hmt Watches Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.
- Director Appointment
Renuka Mishra was appointed as a Nominee Director was appointed as a Nominee Director on 20 Aug 2024 & has been associated with this company since 8 months 23 days .
- Director Appointment
Rajesh Kohli was appointed as a Managing Director was appointed as a Managing Director on 01 May 2024 & has been associated with this company since 1 year 12 days .
- Balance Sheet
Hmt Watches Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Naresh Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 27 Mar 2023 & has been associated with this company since 2 years 1 month .
- Charges
A charge registered on 01 Feb 2003 via Charge ID 90198245 with Uco Bank was fully satisfied on 02 Sep 2010.
Frequently asked questions
What is the Incorporation or founding date of Hmt Watches Limited?
Hmt Watches Limited was incorporated on 09 Aug 1999.
What is authorized share capital and paid-up capital of Hmt Watches Limited?
The authorized share capital of Hmt Watches Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.49 Cr.
Who are the current board members & directors of Hmt Watches Limited?
Currently 3 directors are associated with Hmt Watches Limited.
- Renuka Mishra
- Naresh Kumar
- Rajesh Kohli
What is the registered address of Hmt Watches Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hmt Watches Limited is Hmt Bhavanno.59, Bellary Road India, Bangalore, Karnataka, 560032.
What is the corporate identification number (CIN) and company number of Hmt Watches Limited?
The corporate identification number (CIN) of Hmt Watches Limited is U33301KA1999GOI025573 and the company number is 025573 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hmt Watches Limited?
The Official website of Hmt Watches Limited is https://www.hmtwatches.in
What has been the recent revenue trend for Hmt Watches Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hmt Watches Limited has fallen by -24.15%.
How many employees does Hmt Watches Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Hmt Watches Limited.
What change has been observed in the net worth of Hmt Watches Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hmt Watches Limited has experienced an upsurge of 0.06%.
What are the total open charges for Hmt Watches Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hmt Watches Limited amount to ₹ 9.75 Cr.
When was the last Balance Sheet of Hmt Watches Limited filed with the ROC?
The most recent Balance Sheet for Hmt Watches Limited was filed with the ROC on 31 Mar 2024.
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