Hi-Tech Formulations Private Limited - Company overview

Hitech Formulations is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U24232CH2002PTC025430). Busine…

2002-09-17 Chandigarh, Chandigarh Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
2.00 cr
PAID-UP CAPITAL
1.07 cr
COMPANY AGE
23 Years 8 Months
since 2002-09-17
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
2
5.66 cr
SATISFIED CHARGES
6
8.45 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
View More ⌄
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
2
Updated: 2025-05-30 00:16:18

About Hitech Formulations

Hitech Formulations is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U24232CH2002PTC025430). Business overview includes Pharma (Drug Formulation & Development), incorporated on September 17, 2002 (24+ years old), headquartered in Chandigarh, Chandigarh, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹115.34 Cr with a profit of ₹14.11 Cr. It has 2 active directors. The company employs approximately 66 people.

Drug Formulation & Development
  • Location Plot No. 348 Industrial Area, Phase 1, Chandigarh, Chandigarh - 160002
  • Website hitechformulations.com
CIN / LLPINU24232CH2002PTC025430
Company No.025430
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2002-09-17
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Chandigarh
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Hitech Formulations

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 (2)

J
JASPREET SINGH GULATI
Director | Since 2014-12-21
D
DHARMENDER SINGH GULATI
Director | Since 2002-09-17

Charges Overview

Bank Of India : 24.00 cr
Hdfc Bank Limited : 14.11 cr
Others : 7.70 cr
Open Charges: 2 Satisfied Charges: 6
Open 5.66 cr
Satisfied 8.45 cr
LenderAmountStatus
Bank Of India
Creation Date: 02 Aug 2025
 24.00 cr Open
Hdfc Bank Limited
Creation Date: 26 Jun 2024
 30.98 Lakh Closed
Hdfc Bank Limited
Creation Date: 21 Nov 2022
 80.00 Lakh Closed

Business Activity

Activity GroupDescriptionTurnover %
Manufacturing-100
Manufacturing-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Hitech Formulations
What is CIN of Hitech Formulations?
The Corporate Identification Number (CIN) for Hitech Formulations is U24232CH2002PTC025430. 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 025430 as per MCA.
When was Hitech Formulations incorporated?
Hitech Formulations was incorporated 23 years 8 months ago on 17 Sep 2002.
What is paid-up capital and authorised share capital of Hitech Formulations?
The paid-up capital of Hitech Formulations is ₹ 10,687,690.00 and authorised share capital is ₹ 20,000,000.00.
Who are the current board members and directors of Hitech Formulations?
Currently 2 directors are associated with Hitech Formulations: Jaspreet Singh Gulati, Dharmender Singh Gulati.
  • Jaspreet Singh Gulati
  • Dharmender Singh Gulati
What is the registered address of Hitech Formulations?
As per Ministry of Corporate Affairs (MCA), the registered address of Hitech Formulations is Plot No. 348 Industrial Area, Phase 1, Chandigarh, Chandigarh, 160002, India.
What is the official website of Hitech Formulations?
The official website of Hitech Formulations is https://hitechformulations.com.
What is the ROC code of Hitech Formulations?
Hitech Formulations ROC code is Roc Chandigarh.
What is the company classification of Hitech Formulations?
Hitech Formulations is classified as Private Limited Indian Non-Government Company.
Hitech Formulations - is it listed or unlisted?
Hitech Formulations is a Unlisted company.
What is the current status of Hitech Formulations?
Hitech Formulations is currently Active and registered in Chandigarh, Chandigarh, India.
What industry or business activity is Hitech Formulations associated with?
Hitech Formulations lists activity aligned with: Pharma - Drug Formulation & Development - Manufacturing. See the Overview and Competition sections for fuller industry context.
How many employees does Hitech Formulations have?
Available records indicate roughly 66 employees for Hitech Formulations. Confirm against filings and EPFO-related signals on the profile where shown.
Does Hitech Formulations have GST registrations on file?
Hitech Formulations shows 2 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 Formulations?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Hitech Formulations.
How do I contact Hitech Formulations?
Use the official website at https://hitechformulations.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 Formulations?
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 Formulations?
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 Formulations (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 30.20 Cr. Verify figures on the Financial tab and supporting filings.