Hitech Specialities Solutions Private Limited - Company overview

Hitech is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U65990MH1978PTC020745). Business overview i…

1978-11-04 Mumbai, Maharashtra Active Unlisted Active Compliant
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HS Hitech Specialities Solutions Private Limited
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Key Metrics

AUTHORISED CAPITAL
1.50 cr
PAID-UP CAPITAL
1.05 cr
COMPANY AGE
47 Years 6 Months
since 1978-11-04
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-14
OPEN CHARGES
3
40.85 cr
SATISFIED CHARGES
1
15.00 Lakh
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2024-11-07 19:09:00

About Hitech

Hitech is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U65990MH1978PTC020745). Business overview includes Chemicals and Materials (Chemical Distribution & Retail), incorporated on November 04, 1978 (48+ years old), headquartered in Mumbai, Maharashtra, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹147.11 Cr with a profit of ₹7.19 Cr. It has 5 active directors. The company employs approximately 51 people.

Chemical Distribution & Retail
  • Location Unit No. 205, 2Nd Floor,Welspun House, Kamala City Senapati Bapat Marg, Lower Parel (W), Mumbai, Maharashtra - 400013
  • Website hitechgroup.com
Name History
CIN / LLPINU65990MH1978PTC020745
Company No.020745
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1978-11-04
Date of AGM2025-08-14
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Hitech

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (5)

I
Director | Since 1998-03-31
H
Director | Since 2024-03-15
A
Director | Since 2023-08-10
A
Director | Since 2017-05-05
P
Cfo | Since 2025-07-25

Charges Overview

The Zoroastrian Co-Operative Bank Limited : 17.00 cr
Kotak Mahindra Bank Limited : 4.00 cr
Others : 3.15 cr
Open Charges: 3 Satisfied Charges: 1
Open 40.85 cr
Satisfied 15.00 Lakh
LenderAmountStatus
The Zoroastrian Co-Operative Bank Limited
Creation Date: 31 Jan 2024
17.00 cr Open
Others
Creation Date: 22 Mar 2017
15.00 Lakh Closed
Kotak Mahindra Bank Limited
Creation Date: 02 Aug 2006
4.00 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Trade-100
Trade-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Hitech
What is CIN of Hitech?
The Corporate Identification Number (CIN) for Hitech is U65990MH1978PTC020745. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 020745 as per MCA.
When was Hitech incorporated?
Hitech was incorporated 47 years 6 months ago on 04 Nov 1978.
What is paid-up capital and authorised share capital of Hitech?
The paid-up capital of Hitech is ₹ 10,500,000.00 and authorised share capital is ₹ 15,000,000.00.
Who are the current board members and directors of Hitech?
Currently 5 directors are associated with Hitech: Ina Ashwin Dani, Harish Narendra Motiwalla, Anjan Ray, Atul Rakesh Sethi, Patrick Lalchandra Meinrad.
  • Ina Ashwin Dani
  • Harish Narendra Motiwalla
  • Anjan Ray
  • Atul Rakesh Sethi
  • Patrick Lalchandra Meinrad
What is the registered address of Hitech?
As per Ministry of Corporate Affairs (MCA), the registered address of Hitech is Unit No. 205, 2Nd Floor,Welspun House, Kamala City Senapati Bapat Marg, Lower Parel (W), Mumbai, Maharashtra, 400013, India.
What is the official website of Hitech?
The official website of Hitech is https://hitechgroup.com.
What is the ROC code of Hitech?
Hitech ROC code is Roc Mumbai.
What is the company classification of Hitech?
Hitech is classified as Private Limited Indian Non-Government Company.
Hitech - is it listed or unlisted?
Hitech is a Unlisted company.
What is the current status of Hitech?
Hitech is currently Active and registered in Mumbai, Maharashtra, India.
What industry or business activity is Hitech associated with?
Hitech lists activity aligned with: Chemicals and Materials - Chemical Distribution & Retail - Trade. See the Overview and Competition sections for fuller industry context.
How many employees does Hitech have?
Available records indicate roughly 51 employees for Hitech. Confirm against filings and EPFO-related signals on the profile where shown.
Does Hitech have GST registrations on file?
Hitech shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Hitech?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Hitech.
How do I contact Hitech?
Use the official website at https://hitechgroup.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Hitech?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Hitech?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Hitech (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 60.92 Cr. Verify figures on the Financial tab and supporting filings.