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HINDUSTAN PLATINUM PRIVATE LIMITED

www.hp.co.in
Active
Updated: 07 Jan 2026

Hindustan Platinum Private Limited is a manufacturing company specializing in the production of precious metal catalysts and chemicals. It offers a range of products including platinum, palladium, and rhodium catalysts, serving industries such as automotive, chemical, and jewelry, enabling enhanced efficiency and sustainability in production processes.

Hindustan Platinum Private Limited, is an unlisted private company incorporated on 04 October, 1961. It is classified as a private limited company and is located in , Maharashtra. It's authorized share capital is INR 50.00 cr and the total paid-up capital is INR 42.57 cr.

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Subscription Plans
Industry and products
Business Services
  • palladium alloy catchment, laboratory apparatus that include crucibles, as well as integrated gauze system, electrodes, and electronic data storage industries; and platinum alloy catalyst, jewelry, and tongs; metal sputter targets for watch, dishes, and silver catalyst gauzes
Company size
Auth Capital
₹ 50.0 Cr
Paidup Capital
₹ 42.6 Cr
Revenue
₹ >5000 cr
# Key metrics of Hindustan Platinum - All rupee values in INR crores. Based on March 2025 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 50.0 Cr | | | Paidup Capital | ₹ 42.6 Cr | | | Revenue | ₹ >5000 cr | | | Total Revenue | ₹8,586.0 | 114.15% | | EBITDA | ₹341.0 | -31.51% | | Net Profit | ₹196.7 | -32.16% | | Networth | ₹1,429.1 | 2.2% | | Borrowings | ₹1,289.0 | 19.24% | | Assets | ₹2,933.2 | 13.47% | | Gross Margin | 7.2% | -11.32 | | Operating Margin | 4.0% | -8.48 | | Net Profit Margin | 2.3% | -4.94 | | Return on Equity | 13.8% | -6.97 | | ROCE | 22.9% | -11.79 | | Debt to Equity | 0.9 | 0.13 |
Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue
114.15%
₹ 8,586.0
EBITDA
-31.51%
₹ 341.0
Net Profit
-32.16%
₹ 196.7
Networth
2.2%
₹ 1,429.1
Borrowings
19.24%
₹ 1,289.0
Assets
13.47%
₹ 2,933.2
Gross Margin
-11.32
7.2 %
Operating Margin
-8.48
4.0 %
Net Profit Margin
-4.94
2.3 %
Return on Equity
-6.97
13.8 %
ROCE
-11.79
22.9 %
Debt to Equity
0.13
0.9
Sales
Mar 2025
Net worth
Mar 2025

Locations

indian flag India (9)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Whole-time Director Vikram Sajanlal Choksi
Shareholder
00526890 46 years
Director Vishwas Shashikant Choksi
Shareholder
00527326 9 years
Whole-time Director Gautam Ashok Choksi 00526963 9 years
Whole-time Director Gaurav Abhay Choksi
Shareholder
00527684 6 years

Financial Highlights

** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales 1,958.5 1,852.5 2,398.1 3,992.0 8,541.1
Operating profit 274.3 304.9 470.6 497.9 341.0
Net profit 205.7 205.5 299.0 289.9 196.7
Gross margin 20.7 25.1 29.3 18.5 7.2
Operating margin 14.0 16.5 19.6 12.5 4.0
Net margin 10.3 10.9 12.4 7.2 2.3
Networth 828.9 934.5 1,108.5 1,398.3 1,429.1
Borrowings 839.0 529.5 1,012.5 1,081.0 1,289.0
Assets 2,144.5 1,587.4 2,411.2 2,585.0 2,933.2
Debt to equity 1.0 0.6 0.9 0.8 0.9
Current ratio 1.5 2.3 1.6 1.9 1.6
ROE 24.8 22.0 27.0 20.7 13.8
Days payable 70.0 8.0 23.0 3.0 3.0
WC days 115.0 143.0 112.0 92.0 42.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 4.1 4.0 43.1 43.1 42.6
Reserves 824.8 930.5 1,065.4 1,355.2 1,386.5
Borrowings + 839.0 529.5 1,012.5 1,081.0 1,289.0
Long term borrowings 43.1 99.8 - - -
Short term borrowings 795.8 429.7 1,012.5 1,081.0 1,289.0
Trade payables + 297.7 29.1 107.2 24.4 60.9
Days payable 70.0 8.0 23.0 3.0 3.0
Other liabilities + 476.6 123.5 290.2 105.7 215.1
Other non-current liabilities 5.8 8.6 7.8 7.4 2.4
Other current liabilities 173.1 85.8 175.2 73.8 151.8
Total liabilities 2,144.5 1,587.4 2,411.2 2,585.0 2,933.2
Fixed Assets + 193.6 245.8 281.5 358.0 392.6
Tangible assets 125.2 142.0 132.1 279.8 331.6
CWIP 65.6 101.9 149.0 77.9 60.7
Intangible assets 2.8 1.8 0.5 0.3 0.2
LT loans and advances 21.9 7.0 10.2 10.3 27.7
Other non-current assets 45.5 66.3 88.8 36.3 38.8
Current assets + 1,883.5 1,268.2 2,030.7 2,180.4 2,474.1
Inventories 1,264.9 838.5 1,340.9 1,568.5 1,543.8
Trade receivables 335.5 166.0 264.6 266.5 225.7
Cash and cash equivalents 157.8 43.5 126.7 60.8 6.8
ST loans and advances 11.5 2.7 1.5 7.6 9.1
Other current assets 113.8 217.5 297.0 277.0 688.7
Total assets 2,144.5 1,587.4 2,411.2 2,585.0 2,933.2
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales + 1,958.5 1,852.5 2,398.1 3,992.0 8,541.1
Sales growth % 32.05 -5.41 29.45 66.47 113.95
Expenses + 1,729.9 1,600.7 2,002.4 3,613.3 8,315.4
Cost of goods 1,552.7 1,387.2 1,696.4 3,253.4 7,927.7
Employee cost 56.5 66.8 76.8 90.9 108.3
Other costs 75.1 93.6 154.3 149.7 164.1
Operating profit + 274.3 304.9 470.6 497.9 341.0
Operating margin % 14.0 16.5 19.6 12.5 4.0
Other income 39.8 25.8 8.9 17.3 44.9
Interest 31.5 34.2 54.3 93.1 87.2
Depreciation 14.1 18.8 20.6 26.1 28.1
Exceptional items - - - - -
Profit before tax 268.4 277.6 404.5 396.0 270.6
Tax 62.7 72.1 105.5 106.1 73.9
Profit - disc. ops - - - - -
Net profit 205.7 205.5 299.0 289.9 196.7
Net margin % 10.3 10.9 12.4 7.2 2.3
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Solvency +
Total Debt/Equity 1.0 0.6 0.9 0.8 0.9
Net Debt/Equity 0.8 0.5 0.8 0.7 0.9
Total Debt/Assets 0.4 0.3 0.4 0.4 0.4
Total Assets/Equity 2.6 1.7 2.2 1.9 2.0
Liquidity +
Current Ratio 1.5 2.3 1.6 1.9 1.6
Quick Ratio 0.5 0.8 0.5 0.5 0.6
Interest Coverage 8.7 8.9 8.7 5.3 3.9
Performance
Gross Margin 20.7 25.1 29.3 18.5 7.2
Operating Margin 14.0 16.5 19.6 12.5 4.0
Net Margin 10.3 10.9 12.4 7.2 2.3
Return +
Return on Equity 24.8 22.0 27.0 20.7 13.8
Pre-tax ROCE 32.1 29.5 44.2 34.7 22.9
Return on Assets 9.6 12.9 12.4 11.2 6.7
Pre-tax ROIC 17.2 20.1 22.6 19.5 11.5
Efficiency +
Days Payable 70.0 8.0 23.0 3.0 3.0
Days Inventory 297.0 221.0 288.0 176.0 71.0
Days Receivable 63.0 33.0 40.0 24.0 10.0
Fixed Asset Turnover 10.1 7.5 8.5 11.2 21.8
Total Asset Turnover 0.9 1.2 1.0 1.5 2.9
Working Capital
Cash Conversion Cycle 290.0 246.0 305.0 197.0 78.0
Working Capital Days 115.0 143.0 112.0 92.0 42.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

VISTRA ITCL (INDIA) LIMITED

No. of Loans: 1

Total Amount : 2,031.0 cr

2

Standard Chartered Bank

No. of Loans: 1

Total Amount : 35.0 cr

3

HDFC Bank Limited

No. of Loans: 1

Total Amount : 2.8 cr

4

Bank of Baroda

No. of Loans: 1

Total Amount : 0.3 cr

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Charges

VISTRA ITCL (INDIA) LIMITED
Standard Chartered Bank
HDFC Bank Limited
Bank of Baroda

Company Network

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Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
Hindustan Platinum DMCC United Arab Emirates - -
Hindustan Platinum P R LLC Puerto Rico - -

Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
  • CASH DETERIORATING
Low Risk
  • GROSS MARGINS DETERIORATING
  • EBITDA MARGINS DETERIORATING
  • NET MARGIN DETERIORATING
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U74999MH1961PTC012143

PAN

AAACH1111J

Incorporation

1961, 64.4 years

Company Email

vikas.shaw@hp.co.in

Paid up Capital

₹ 42.6 Cr

Authorised Capital

₹ 50.0 Cr

AGM

Dec 2024

Type

Private
Others

FAQ - HINDUSTAN PLATINUM PRIVATE LIMITED

What is the incorporation date of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The incorporation date of HINDUSTAN PLATINUM PRIVATE LIMITED is 04 October, 1961

What is the authorized share capital of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The authorized share capital of HINDUSTAN PLATINUM PRIVATE LIMITED is INR ₹ 50.0 Cr.

What is the paid-up capital of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The paid-up capital of HINDUSTAN PLATINUM PRIVATE LIMITED is INR ₹ 42.6 Cr.

What is the registered address of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The registered address of HINDUSTAN PLATINUM PRIVATE LIMITED is C 122 TTC INDUSTRIAL AREA PAWANE VILLAGE, NAVI MUMBAI, Maharashtra, India, 400703 - 400703

What is the CIN number of HINDUSTAN PLATINUM PRIVATE LIMITED?

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The CIN number of HINDUSTAN PLATINUM PRIVATE LIMITED is U74999MH1961PTC012143.

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