Island Hydraulics (I) Private Limited

Designs and manufactures hydraulic cylinders for various industries, ISO certified.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Island Hydraulics (I) Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.10 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.19 Cr
  • Satisfied Charges ₹ 4.60 M
  • Revenue Growth 62.87%
  • Profit Growth 184.86%
  • Ebitda 115.69%
  • Net Worth 57.78%
  • Total Assets 32.39%

About Island Hydraulics (I)

Island Hydraulics (I) Private Limited (IHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 February 2005 and has a history of 19 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

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 7.50 M and a paid-up capital of Rs 6.10 M.

The company currently has active open charges totaling ₹6.19 Cr. The company has closed loans amounting to ₹4.60 M, as per Ministry of Corporate Affairs (MCA) records.

Thangavelu Ravichandiran and Velappan Poongodi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    islandhydraulics.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29119KA2005PTC035715

  • Company No.

    035715

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Island Hydraulics (I) Private Limited offer?

Island Hydraulics (I) Private Limited offers a wide range of products and services, including Hydraulic Cylinders, Industrial Hydraulic Cylinders, Hydraulic & Pneumatic Cylinders, Pneumatic Cylinder.

Who are the key members and board of directors at Island Hydraulics (I)?

Board Members (2)

NameDesignationAppointment DateStatus
Thangavelu Ravichandiran Country flag representing In Director 28-Feb-2005Current
Velappan Poongodi Country flag representing In Director 28-Feb-2005Current

Financial Performance of Island Hydraulics (I).

Island Hydraulics (I) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.87% increase. The company also saw a substantial improvement in profitability, with a 184.86% increase in profit. The company's net worth Soared by an impressive increase of 57.78%.

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
62.87%
Revenue from Operations
62.89%
Total Assets
32.39%
Profit or Loss
184.86%
Net Worth
57.78%
EBITDA
115.69%

What is the Ownership and Shareholding Structure of Island Hydraulics (I)?

In 2023, Island Hydraulics (I) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.89 M

Satisfied Charges

₹4.60 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.66 Cr
  • Sidbi : 1.23 Cr
  • Small Industries Development Bank Of India : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
22 Oct 2020Sidbi₹1.89 MOpen
13 Nov 2018Sidbi₹1.04 CrOpen
26 Mar 2012Small Industries Development Bank Of India₹3.00 MOpen
13 Oct 2009State Bank Of India₹4.66 CrOpen
13 Feb 2008State Bank Of Mysore₹4.60 MSatisfied

How Many Employees Work at Island Hydraulics (I)?

Island Hydraulics (I) has a workforce of 89 employees as of Apr 09, 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 Island Hydraulics (I), 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 Island Hydraulics (I)'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 Island Hydraulics (I)

Recent activity within the organization

  • Annual General Meeting

    Island Hydraulics (I) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Island Hydraulics (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 46.60 M registered on 13 Oct 2009 with Charge ID 10183290 was modified on 15 Mar 2023.

    15 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 1.89 M with Charge ID 100380132 was registered on 22 Oct 2020.

    22 Oct 2020

  • Charges

    A charge with Sidbi amounted to Rs. 10.40 M with Charge ID 100216730 was registered on 13 Nov 2018.

    13 Nov 2018

  • Charges

    A charge registered on 13 Feb 2008 via Charge ID 10088088 with State Bank Of Mysore was fully satisfied on 05 Mar 2015.

    05 Mar 2015

Frequently asked questions

  • Island Hydraulics (I) Private Limited was incorporated on 28 Feb 2005.

  • The authorized share capital of Island Hydraulics (I) Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.10 M.

  • Currently 2 directors are associated with Island Hydraulics (I) Private Limited.

    • Thangavelu Ravichandiran
    • Velappan Poongodi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Island Hydraulics (I) Private Limited is No A 19 3Rd Stage, Peenya Industrial Estate India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Island Hydraulics (I) Private Limited is U29119KA2005PTC035715 and the company number is 035715 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Island Hydraulics (I) Private Limited is https://www.islandhydraulics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Island Hydraulics (I) Private Limited has risen by 62.87%.

  • As Per 2023 financial reports, 89 employees are currently employed by Island Hydraulics (I) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Island Hydraulics (I) Private Limited has experienced an upsurge of 57.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Island Hydraulics (I) Private Limited amount to ₹ 6.19 Cr.

  • The most recent Balance Sheet for Island Hydraulics (I) Private Limited was filed with the ROC on 31 Mar 2023.