Hitco Electricals Private Limited - Due diligence report

A 360° intelligence report on Hitco Electricals Private Limited: trust score, financial health, credit view, compliance, directors, growth a…

1997-10-23 New Delhi, Delhi Active Unlisted Active Compliant
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Hitco Electricals Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
87/100
Trust Score
Low Risk

Hitco Electricals Private Limited is assessed as Low Risk with a Trust Score of 87/100. Hitco Electricals Private Limited is an active private limited indian non-government company incorporated in 1997, operating in the Machinery and Equipment sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 23 Jul 2026 from the latest processed filings. Hitco Electricals Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
87/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
85/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 5 open (20.66 cr) · 10 satisfied (15.68 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Bank Of Baroda5 48.0 cr
Hdfc Bank Limited2 48.0 cr
The Hongkong And Shanghai Banking Corporation Limited2 48.0 cr
The Karur Vysya Bank Ltd2 48.0 cr
Canara Bank2 48.0 cr
Compliance Score: 85/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • Delayed payments to MSME suppliers disclosed (3 disclosure(s)).
  • 3 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
VIKAS VERMA 01234567 Director 01/04/2018 6 yrs Approved
RADHIKA VERMA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2019)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2021 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Key managerial personnel: VIKAS VERMA (Whole-time director) · RADHIKA VERMA (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 75
Growth signals & trust indicators
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 28+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
5 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 10.42 Lakh.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence83/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment72/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 5 open charge(s) of 20.66 cr already registered.
  • Compliance record supports lending.
Investor view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
05 Jan 2026
Charge created
Others - 11.03 cr
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Sep 2023
Charge created
Hdfc Bank Limited - 35.09 Lakh
06 Mar 2020
Charge created
Axis Bank Limited - 39.38 Lakh
30 Sep 2019
Director ceased
SAATVIK VERMA
01 Jun 2018
Charge satisfied
The Karur Vysya Bank Ltd
09 Mar 2018
Charge satisfied
The Hongkong And Shanghai Banking Corporation Limited
10 Jan 2018
Charge created
Hdfc Bank Limited - 8.79 cr
25 Jul 2015
Charge satisfied
Bank Of Baroda
08 May 2015
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 3.85 cr
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 11.25 Lakh
31 Mar 2014
Securities allotted
3000.00 Equity Shares - 7.50 Lakh raised
09 Jun 2011
Charge created
Bank Of Baroda - 4.50 cr
23 Aug 2010
Charge created
Bank Of Baroda - 42.40 Lakh
10

Key Observations

Auto-generated from the data above
Revenue declined 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
3 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Torp Systems U36100TN2007PTC062877 Gummidipoondi, Tamil Nadu, India
Hercules Hospitalities Private Limited U55101KL2003PTC016363 Thiruvananthapuram, Kerala, India
Kinetixengineering U45201KA2006PTC039050 Bangalore, Karnataka, India
Galaxy Concab India Private Limited U64204RJ2006PTC022216 Jaipur, Rajasthan, India
R C Energy Metering Private Limited U31200DL2001PTC110235 New Delhi, Delhi, India
Djdc Battery Private Limited U31100HR2018PTC076699 Rewari, Haryana, India
Ele Chem Systems Private Limited U25200PB2012PTC036312 Zirakpur, Punjab, India
Dhruv Axon Interconnect Private Limited U31300KA2010PTC055844 Bengaluru North Yelahanka Taluk, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Hitco Electricals Private Limited before audits and certifications: compliance score 85/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Hitco Electricals Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 60/100, margin trends, ownership structure and peer set for Hitco Electricals Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 87/100, distress signals and MSME payment-delay disclosures - know whether Hitco Electricals Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Hitco Electricals Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Hitco Electricals Private Limited an active company?

Hitco Electricals Private Limited has MCA status “Active” with a compliance score of 85/100 (Low Risk).

Is Hitco Electricals Private Limited financially healthy?

Hitco Electricals Private Limited has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.

Should I do business with Hitco Electricals Private Limited?

Its overall Trust Score is 87/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Hitco Electricals Private Limited?

Promoters hold a majority stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Hitco Electricals Private Limited have loans or charges against its assets?

5 open charge(s) are registered against its assets, and 10 earlier charge(s) stand satisfied.

Is Hitco Electricals Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 85/100 (Low Risk).

Is it risky to lend to Hitco Electricals Private Limited?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.