Promoter holding
64.27%
HT
Hittco Tools Limited - Due diligence report
A 360° intelligence report on Hittco Tools Limited: trust score, financial health, credit view, compliance, directors, growth and distress s…
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Hittco Tools Limited — 360° Intelligence Report
Generated from MCA filings & public records72/100
Trust Score
Moderate
Hittco Tools Limited is assessed as Moderate with a Trust Score of 72/100. Hittco Tools Limited is an active public limited indian non-government company incorporated in 1995, 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 high compliance risk and low financial risk profile.
Report generated on 16 Jul 2026 from the latest processed filings. Hittco Tools Limited snapshot & full profile →
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 & explainableTrust ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
28/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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.
Get full accessScores 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: 70/100 Moderate
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 2 open (65.88 Lakh) · 6 satisfied (9.76 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Kotak Mahindra Bank Limited | 1 | 48.0 cr |
| Ksiidc Ltd | 1 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| State Bank Of Mysore | 1 | 48.0 cr |
| Others | 2 | 48.0 cr |
| Hdfc Bank Limited | 1 | 48.0 cr |
Compliance Score: 28/100 Caution Indicated
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Flagged by authority: BSE.
- Litigation present in 3 court forum(s).
- 2 auditor resignation(s) filed - latest: DTSB & ASSOCIATES on 2021-06-02.
- 1 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SARITA KIRNANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJEEV SHANTILAL DESAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SIDHARTH BHANDARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJEEV GOBINDRAM HASSANAND | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SURENDRA BHANDARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BILIGERE SHEKAR PRAKASH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MADHU BHANDARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| YASHVARDHAN BHANDARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Ravikumar Jayeshbhai Adatariya | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Yash Vardhan Bhandari | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Khushboo Agrawal | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 11 directors on the board.
- No disqualified or deactivated DINs.
- 3 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / 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
4 allotment(s) · 0 transfer(s)
Promoters hold the largest single block of equity - exact percentages are part of the full report.
Key managerial personnel: SURENDRA BHANDARI (Managing Director) · YASHVARDHAN BHANDARI (CFO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 40 · Distress 90
Growth signals & trust indicators
Operating for 31+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (28/100).
2 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence60/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment64/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 65.88 Lakh already registered.
- Compliance gaps should be priced into terms.
Investor view64/100
Mixed indicators
Growth quality and scalability through an investor lens.
- No clear growth signals in the filed years.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
14 Aug 2025
Director appointed
YASHVARDHAN BHANDARI (CFO)
Director appointed
Yash Vardhan Bhandari (Cfo)
Director appointed
Khushboo Agrawal (Company Secretary)
12 Jun 2025
Charge satisfied
Axis Bank Limited
30 May 2025
Director ceased
MUKESH KUMAR JAIN
26 Apr 2025
Director appointed
Ravikumar Jayeshbhai Adatariya (Cfo)
29 Sep 2024
Director ceased
RAJEEV SHANTILAL DESAI
14 Aug 2024
Director appointed
RAJEEV SHANTILAL DESAI (Director)
12 Jun 2024
Director appointed
RAJEEV GOBINDRAM HASSANAND (Director)
31 Mar 2024
Latest balance sheet
Filed with ROC
15 Mar 2024
Director ceased
MENEZES BRAGANCA NIKHIL FERNANDO DE
27 Sep 2023
Director appointed
SARITA KIRNANI (Company Secretary)
25 Aug 2022
Charge created
Axis Bank Limited - 1.30 cr
01 Oct 2021
Director ceased
YASHVARDHAN BHANDARI
10
Key Observations
Auto-generated from the data aboveRevenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
11 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Ranoson Products Private Limited | U29253DL2014PTC272737 | New Delhi, Delhi, India |
| B S Geartech Private Limited | U29253DL2010PTC203771 | Delhi, Delhi, India |
| Surya Foundry Private Limited | U29199DL2005PTC142669 | New Delhi, Delhi, India |
| Kbr Manufacturing Private Limited | U28113MH2018PTC316206 | Pune, Maharashtra, India |
| Rishi Engineering Company Private Limited | U29219PN2000PTC014915 | Pune City, Maharashtra, India |
| Laxmi Sagar Engineers Private Limited | U29309PN2020PTC192003 | Pune, Maharashtra, India |
| Dev Cattlefeeds Private Limited | U93000UP2008PTC036126 | Bulandshahr, Uttar Pradesh, India |
| Ajay Valves Pvt Ltd | U29120GJ1980PTC003884 | Sihor, Gujarat, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Hittco Tools Limited before audits and certifications: compliance score 28/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Hittco Tools 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: Mixed indicators - deeper appraisal suggested. Credit risk score 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Hittco Tools Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Hittco Tools Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Hittco Tools Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Hittco Tools Limited an active company?
Hittco Tools Limited has MCA status “Active” with a compliance score of 28/100 (Caution Indicated).
Is Hittco Tools Limited financially healthy?
Hittco Tools Limited has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.
Should I do business with Hittco Tools Limited?
Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Hittco Tools Limited?
Promoters hold the largest single block of equity - exact percentages are in the full report. 11 active director(s) are on record.
Does Hittco Tools Limited have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 6 earlier charge(s) stand satisfied.
Is Hittco Tools Limited up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 28/100 (Caution Indicated).
Is it risky to lend to Hittco Tools Limited?
Its Credit Risk Score is 70/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
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.
