Hykon India Limited

Provides a variety of power solutions and after-sale services across South India.

1998 | Ernakulam, Kerala (India) | Active
Last Updated: January 29, 2025

Hykon India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.63 M
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.37 Cr
  • Satisfied Charges ₹ 64.48 Cr
  • Revenue Growth 25.28%
  • Profit Growth 151.05%
  • Ebitda 9.02%
  • Net Worth 47.84%
  • Total Assets 23.53%

About Hykon India

Hykon India Limited (HIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 June 1998 and has a history of 26 years and eight months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Hykon India Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 2.00 Cr and a paid-up capital of Rs 0.63 M.

The company currently has active open charges totaling ₹35.37 Cr. The company has closed loans amounting to ₹64.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Christo George, Kattukkaran Rossy, Catherine Christo, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hykonindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52599KL1998PLC012330

  • Company No.

    012330

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Electronics & Durables
Energy and Power

What products or services does Hykon India Limited offer?

Hykon India Limited offers a wide range of products and services, including Inverters, UPS and Converters, UPS, Inverters, Home UPS, Voltage Stabilizers, Solar Lighting, Solar LED Street Light, Solar Water Heater, Solarizer Solar Water Heater, Solar & Renewable Energy Products.

Who are the key members and board of directors at Hykon India?

Executive Team (1)

NameDesignationAppointment DateStatus
Christo George Country flag representing In Managing Director30-Sep-2006Current

Board Members (5)

NameDesignationAppointment DateStatus
Liju Kolath Country flag representing In Director 28-May-2019Current
George Christo Country flag representing In Director 12-Jun-2019Current
Kattukkaran Rossy Country flag representing In Director 17-Jun-1998Current
Catherine Christo Country flag representing In Director 10-Apr-2017Current
Shatayu Wagh Country flag representing In Director 09-Apr-2024Current

Financial Performance of Hykon India.

Hykon India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.28% increase. The company also saw a substantial improvement in profitability, with a 151.05% increase in profit. The company's net worth Soared by an impressive increase of 47.84%.

Graph illustrating revenue growth over time
Graph showing 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
25.28%
Revenue from Operations
25.19%
Total Assets
23.53%
Profit or Loss
151.05%
Net Worth
47.84%
EBITDA
9.02%

What is the Ownership and Shareholding Structure of Hykon India?

In 2023, Hykon India had a promoter holding of 85.67% and a public holding of 14.33%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.37 Cr

Satisfied Charges

₹64.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 35.28 Cr
  • Axis Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2024Others₹1.00 CrOpen
16 Nov 2022Axis Bank Limited₹0.89 MOpen
20 Oct 2022Others₹15.40 CrOpen
20 Oct 2022Others₹5.00 CrOpen
20 Oct 2022Others₹1.12 CrOpen

How Many Employees Work at Hykon India?

Hykon India has a workforce of 375 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hykon India, 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 Hykon India'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 Hykon India

Recent activity within the organization

  • Annual General Meeting

    Hykon India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Shatayu Subhash Wagh was appointed as a Director was appointed as a Director on 09 Apr 2024 & has been associated with this company since 10 months 15 days .

    09 Apr 2024

  • Balance Sheet

    Hykon India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100897346 was registered on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge registered on 16 Dec 2000 via Charge ID 90018058 with The Catholic Syrian Bank Ltd was fully satisfied on 30 Jan 2024.

    30 Jan 2024

  • Charges

    A charge registered on 24 Sep 2001 via Charge ID 90018365 with Canara Bank was fully satisfied on 04 Jan 2024.

    04 Jan 2024

Frequently asked questions

  • Hykon India Limited was incorporated on 17 Jun 1998.

  • The authorized share capital of Hykon India Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.63 M.

  • Currently 6 directors are associated with Hykon India Limited.

    • Christo George
    • Kattukkaran George Rossy
    • Catherine Christo
    • Liju Varughese Rajan Kolath
    • George Christo
    • Shatayu Subhash Wagh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hykon India Limited is 41/1948 1St Floor City Memorial Building, T.A Beerankunju Road India, Ernakulam, Kerala, 682018.

  • The corporate identification number (CIN) of Hykon India Limited is U52599KL1998PLC012330 and the company number is 012330 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hykon India Limited is https://www.hykonindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hykon India Limited has risen by 25.28%.

  • As Per 2023 financial reports, 375 employees are currently employed by Hykon India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hykon India Limited has experienced an upsurge of 47.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hykon India Limited amount to ₹ 35.37 Cr.

  • The most recent Balance Sheet for Hykon India Limited was filed with the ROC on 31 Mar 2024.

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