Hikal Limited - Company overview

Hikal is a listed private limited company, first registered with ROC Mumbai I on 8 July 1988.

1988-07-08 Mumbai, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 4.3%
FY 2025
PROFIT / LOSS
₹50–100 Cr
▲ 30.5%
FY 2025
EBITDA
₹100–500 Cr
▲ 26.0%
FY 2025
NET WORTH
₹1000+ Cr
▲ 6.3%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▼ -10.7%
FY 2025
EMPLOYEE COUNT
2,191–2,200
OPEN CHARGES
23
-
PAID-UP CAPITAL
24.66 cr
AUTHORISED CAPITAL
75.00 cr
COMPANY AGE
38 Years 4 Months
since 1988-07-08
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-23
ACTIVE GST
4
Updated: 2023-10-30 10:16:58
SATISFIED CHARGES
51
1,606.36 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Hikal covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
70/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (85), director (80) and company-foundation signals.
  • Operating for 38+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
85/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
80/100
Board strength, DIN status and churn.
  • 13 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Hikal Company identity, industry, contact, and registration details from MCA and company records.

Hikal is a listed private limited company, first registered with ROC Mumbai I on 8 July 1988. Its registered office is at 717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra. Earlier names on record include Hikal Chemical Indusries Limited, Hikal Chemical Indusries Private Limited and Hikal Chemical Industries Limited.

Its filings describe the main line of business as chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, which made up 61.65% of turnover.

It has 13 directors: Sugandha Jaidev Hiremath, Amit Babasaheb Kalyani, Kuldeep Kumar Jain and 10 others. The longest-serving is Sugandha Jaidev Hiremath, on the board since 1992; the most recent to join is Sandip Ashwinbhai Parikh, appointed in May 2026. Sameer Jai Hiremath is the managing director. The board changed around March 2024, when Prakash Vasantlal Mehta and Unni Kadankote Kannan stepped down and new directors joined. Between them, the directors also sit on the boards of 21 other companies, including Bf Investment Limited and Bf Systems Limited.

Paid-up capital stands at ₹24.66 crore out of ₹75 crore authorised. The last AGM on record was on 23 September 2025, for accounts made up to 31 March 2025. 23 charges (secured loans) are still open, and 51 more have been paid off. Its shares trade on BSE (524735) and NSE (HIKAL).

Chemicals and Materials •••••••• Pharma ••••••••
  • Location 717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra - 400021
  • Website hikal.com
LinkedIn
Name History
Legal NameHikal Limited
CIN / LLPINL24200MH1988PTC048028
Company No.048028
Stock Symbol BSE: 524735 | NSE: HIKAL
Classification-
Incorporation Date1988-07-08
Date of AGM2025-09-23
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
Credit RatingA (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Hikal (13) Current board members from MCA filings, including designation and appointment details.

S
Sugandha Jaidev Hiremath
Director | Since 1992-02-05 | DIN: 00062031
A
Amit Babasaheb Kalyani
Director | Since 2012-02-09 | DIN: 00089430
K
Kuldeep Kumar Jain
CFO | Since 2020-11-05
S
Sarangan Suresh
Whole-time director | Since 2024-04-01 | DIN: 10562713
R
Rajasekhar Reddy Chintakindi
Company Secretary | Since 2020-08-05
S
Sandip Ashwinbhai Parikh
Director | Since 2026-05-27 | DIN: 00030990

Financial Performance of Hikal Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 4.3%
P&L ₹50–100 Cr ▲ 30.5%
EBITDA ₹100–500 Cr ▲ 26.0%
Net worth ₹1000+ Cr ▲ 6.3%

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Charges of Hikal Open and satisfied charges registered against the company with MCA.

Others : 875.00 cr
Open Charges: 23 Satisfied Charges: 51
Open -
Satisfied 1,606.36 cr
LenderAmountStatus
Others
Creation Date: 09 Feb 2026
 100.00 cr Open
Others
Creation Date: 12 Feb 2025
 50.00 cr Open
Others
Creation Date: 01 Aug 2023
 375.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingChemical and chemical products, pharmaceuticals, medicinal chemical and botanical products61.65
ManufacturingOther manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities38.35

Companies With Common Directors Of Hikal Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Bf Investment Limited 1 Shared Director
Bf Systems Limited 1 Shared Director
Bf Utilities Limited 1 Shared Director
Bharat Forge Ltd 1 Shared Director
Castilia Life Sciences Llp 1 Shared Director
Castilia Life Sciences Private Limited 1 Shared Director
Decent Electronics Private Limited 1 Shared Director
Ekadant Investment Pvt Ltd 1 Shared Director
India Internet Domain Llp 1 Shared Director
Kalyani Alstom Power Limited 1 Shared Director
Kalyani Investment Company Limited 1 Shared Director
Kalyani Steels Ltd 1 Shared Director
Karad Engineering Consultancy Pvt Ltd 1 Shared Director
Marigold Investment Pvt Ltd 1 Shared Director
Novel Engineering And Technology Consultants Llp 1 Shared Director
Rushabh Capital Services Private Limited 1 Shared Director
Saarloha Advanced Materials Private Limited 1 Shared Director
Shri Badrinath Investment Private Limited 1 Shared Director
Shri Rameshwara Investment Private Limited 1 Shared Director
Zephyr Engineering And Technology Consultants Llp 1 Shared Director
Zirad Art And Heritage Foundation 1 Shared Director

Financial Ratios of Hikal Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Hikal Ownership and contribution detail from filings. Full breakdown unlocks with your report.

10 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Hikal EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Hikal GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Hikal Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Hikal MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Hikal Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Hikal Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Hikal Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Hikal?
MCA does not publish an "owner" field. Hikal is run by its directors, Sugandha Jaidev Hiremath, Amit Babasaheb Kalyani, Kuldeep Kumar Jain and ten others, with Sameer Jai Hiremath as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Hikal?
Hikal has 13 current directors: Sugandha Jaidev Hiremath (since February 1992), Amit Babasaheb Kalyani (since February 2012), Kuldeep Kumar Jain (since November 2020), Sarangan Suresh (since April 2024), Rajasekhar Reddy Chintakindi (since August 2020) and Sandip Ashwinbhai Parikh (since May 2026), plus 7 more. Sameer Jai Hiremath is the managing director.
What is CIN of Hikal?
The CIN of Hikal is L24200MH1988PTC048028. Reading it left to right: L means it is listed, 24200 is the industry code it registered under, MH is Maharashtra, 1988 is the year it was registered, PTC is the company type and 048028 is its registration number.
When was Hikal incorporated?
Hikal was incorporated on 8 July 1988 with ROC Mumbai I. That makes it more than 38 years old.
What is the registered address of Hikal?
The registered office on MCA records is 717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra - 400021.
What is the current status of Hikal?
MCA shows Hikal as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Hikal?
You can post to its registered office at 717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra - 400021 and use its website, https://hikal.com.
What industry or business activity is Hikal associated with?
Its MCA filings list the main business as chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products (61.65% of turnover).
What is paid-up capital and authorised share capital of Hikal?
Paid-up capital is ₹24.66 crore and authorised capital is ₹75 crore, so about 33% of the authorised amount has been issued.
When did Hikal last file accounts and hold an AGM?
The last AGM on record was on 23 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Hikal?
23 charges against Hikal are still open and 51 have been satisfied.
Have any directors left Hikal?
Yes, 13 former directors are on record. The most recent to leave were Berjis Minoo Desai (October 2025), Prakash Vasantlal Mehta (March 2024) and Unni Kadankote Kannan (March 2024).
Which companies share directors with Hikal?
21 companies share directors with Hikal. Among them are Bf Investment Limited, Bf Systems Limited, Bf Utilities Limited and 18 more.
What is the turnover or revenue of Hikal?
Based on filed financial statements, the revenue of Hikal for FY 2025 was in the ₹1000+ Cr range. That is up 4.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Hikal?
For FY 2025, the net worth of Hikal was in the ₹1000+ Cr range.
How can I get the financial details of Hikal?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Hikal?
The website on record for Hikal is https://hikal.com.
Which company owns hikal.com?
hikal.com is the website listed for Hikal Limited in its company records.
Is Hikal registered with any stock exchange in India?
It is listed on both BSE (scrip code 524735) and NSE (symbol HIKAL).
Hikal - is it listed or unlisted?
Hikal is a listed company, and its CIN starts with L.
What is the ROC code of Hikal?
Hikal is registered with ROC Mumbai I.
Does Hikal have subsidiaries?
Yes, one subsidiary is on record for Hikal.
Does Hikal have GST registrations on file?
Yes, 4 active GST registrations are linked to Hikal, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.