Hi-Tech Abrasives Limited. - Due diligence report

A 360° intelligence report on Hi-Tech Abrasives Limited.: trust score, financial health, credit view, compliance, directors, growth and dist…

1991-05-10 Raipur, Chattisgarh Active Unlisted Active Non-Compliant
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Hi-Tech Abrasives Limited. — 360° Intelligence Report

Generated from MCA filings & public records
44/100
Trust Score
Caution Indicated

Hi-Tech Abrasives Limited. is assessed as Caution Indicated with a Trust Score of 44/100. Hi-Tech Abrasives Limited. is an active public limited indian non-government company incorporated in 1991, operating in the Metals and Minerals sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 26 Jul 2026 from the latest processed filings. Hi-Tech Abrasives Limited. snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

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 ScoreCaution Indicated
44/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
11/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
20/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 7 open (203.07 cr) · 3 satisfied (167.40 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India5 48.0 cr
Jm Financial Asset Reconstruction Company Private Limited1 48.0 cr
Axis Bank Ltd1 48.0 cr
M.P. Financial Corporation1 48.0 cr
Centurion Bank Ltd1 48.0 cr
Centurian Bank Ltd1 48.0 cr
Compliance Score: 11/100 Caution Indicated
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2019 - filings overdue.
  • Flagged by authority: BANKS, DRT.
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SEJAL RATHOD 01234567 Director 01/04/2018 6 yrs Approved
SHAKUNTALA DEVI TEKRIWAL 01234567 Director 01/04/2018 6 yrs Approved
RAGHVENDRA CHARAN SINHA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 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 2016)
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 2019 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
-

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

Group entityRelationship% held
Khushboo Goods Private Limited Associate Company 74.00%
Happy Distributors Pvt Ltd Associate Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 45
Growth signals & trust indicators
Steady revenue growth: +38% over 4 year(s).
Latest year revenue grew 1.42.
Operating for 35+ years.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Negative net worth.
Statutory filings appear overdue.
Compliance score is weak (11/100).
7 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence31/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment27/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 7 open charge(s) of 203.07 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view46/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
31 Mar 2022
Director ceased
SEJAL RATHOD
01 Jun 2020
Director appointed
SEJAL RATHOD (Additional Director)
Director ceased
VINOD BAJORIA
04 Jan 2020
Director appointed
RAGHVENDRA CHARAN SINHA (Additional Director)
30 Sep 2019
Last AGM held
Annual general meeting
12 Apr 2019
Director ceased
PANKAJ TEKRIWAL
31 Mar 2019
Latest balance sheet
Filed with ROC
10 Jun 2011
Director ceased
SHASHIKANT AGRAWAL
09 Sep 2009
Charge created
Jm Financial Asset Reconstruction Company Private Limited - 125.70 cr
16 Jan 2008
Charge satisfied
State Bank Of India
09 Jan 2008
Charge created
Axis Bank Ltd - 16.90 cr
15 Oct 2007
Charge created
State Bank Of India - 117.50 cr
23 Sep 2006
Charge created
State Bank Of India - 20.90 cr
21 Jul 2004
Charge created
State Bank Of India - 29.00 cr
Charge created
State Bank Of India - 30.10 cr
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2019 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Indsur U40100MH1994PLC080707 Mumbai, Maharashtra, India
Tharaj Castings Private Limited U27101DL2006PTC146971 New Delhi-14, Delhi, India
Heavy Metal And Tubes U25200GJ1990PLC014554 Ahmedabad, Gujarat, India
Shraman Strips Pvt Ltd U27106PB1988PTC008076 Punjab, Punjab, India
Acoustic Components Private Limited U74999GA2008PTC005883 Pernem, Goa, India
Esteem Press Parts Private Limited U29309PN2005PTC020213 Pune, Maharashtra, India
Sunayana Metal Industries Limited U27104OR2005PLC008093 Sundargarh, Orissa, India
Sri Sivasakthi Auto Ancillaries Madras Private Limited U34201TN2000PTC044311 Chennai, Tamil Nadu, India
12

Who Uses This Report

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

Verify Hi-Tech Abrasives Limited. before audits and certifications: compliance score 11/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Hi-Tech Abrasives 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: Enhanced diligence advised. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 70/100, margin trends, ownership structure and peer set for Hi-Tech Abrasives Limited. - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 44/100, distress signals and MSME payment-delay disclosures - know whether Hi-Tech Abrasives Limited. pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Hi-Tech Abrasives Limited. - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Hi-Tech Abrasives Limited. an active company?

Hi-Tech Abrasives Limited. has MCA status “Active” with a compliance score of 11/100 (Caution Indicated).

Is Hi-Tech Abrasives Limited. financially healthy?

Hi-Tech Abrasives Limited. has a Financial Health Score of 20/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Hi-Tech Abrasives Limited.?

Its overall Trust Score is 44/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Hi-Tech Abrasives Limited.?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Hi-Tech Abrasives Limited. have loans or charges against its assets?

7 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Hi-Tech Abrasives Limited. up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 11/100 (Caution Indicated).

Is it risky to lend to Hi-Tech Abrasives Limited.?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.