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HITECH CORPORATION LIMITED
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Updated: 29 Jun 2025
The company manufactures, sells, and exports rigid plastic containers
Hitech Corporation Limited, is a listed public company incorporated on 16 October, 1991. It is classified as a public limited company and is located in , . It's authorized share capital is INR 60.50 cr and the total paid-up capital is INR 17.18 cr.
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Industry and products
Manufacturing (Metals & Chemicals and their products)
- Plastic Pail & Leakage-free Paint Packaging
Company size
₹ 60.5 Cr
₹ 17.2 Cr
₹ 500-750 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores. Based on March 2023 numbers.
Total Revenue
-4.89%
-4.89%
EBITDA
-13.53%
-13.53%
Net Profit
-24.25%
-24.25%
Networth
12.1%
12.1%
Borrowings
-36.28%
-36.28%
Assets
-3.8%
-3.8%
Gross Margin
0.41
0.41
Operating Margin
-1.3
-1.3
Net Profit Margin
-1.29
-1.29
Return on Equity
-5.59
-5.59
ROCE
-4.08
-4.08
Debt to Equity
-0.19
-0.19
Sales
Mar 2023
Net worth
Mar 2023
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Locations
India
(13)
| State | Type | Address |
|---|
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Managing Director | Malav Ashwin Dani
Shareholder
|
01184336 | 17 years |
| Director | Jayendra Ratilal Shah
Shareholder
|
00132613 | 1 years |
| Director | Kalpana Vithaldas Merchant | 00827907 | 5 years |
| Whole-time Director | Mehernosh Adi Mehta | 00372340 | 9 years |
| Director | Bomi Pesi Chinoy | 07519315 | 9 years |
| Director | Aditya Mahendra Sheth | 02289144 | 6 years |
| Director | Ina Ashwin Dani
Shareholder
|
00053695 | 2 years |
| Director | Sivaram Swaminathan | 00009900 | 1 years |
| Director | Prakash Druman Trivedi | 00231288 | 2 years |
| Additional Director | Anjan Ray | 03630088 | 1 years |
Financial Highlights
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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| Networth | |||||
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Margins
Gross margin
Operating margin
Net margin
Balance Sheet
₹
%
Financials upto March 2023 available in Tofler Pro
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
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Total assets
Charges on assets
Bank wise
Charges
1
HDFC Bank Limited
No. of Loans: 3
Total Amount : 201.1 cr
2
Kotak Mahindra Bank Limited
No. of Loans: 5
Total Amount : 83.5 cr
3
Axis Bank Limited
No. of Loans: 1
Total Amount : 20.0 cr
4
Standard Chartered Bank
No. of Loans: 1
Total Amount : 10.0 cr
5
The Zoroastrian Co-operative Bank Limited
No. of Loans: 1
Total Amount : 9.0 cr
Charges
HDFC Bank Limited
Kotak Mahindra Bank Limited
Axis Bank Limited
Standard Chartered Bank
Others
Company Network
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Companies connected through Directors
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| CLEAR MIPAK PACKAGING SOLUTIONS LIMITED | Maharashtra | 1986 | ₹ 4.5 Cr |
Tofler Score
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Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
About Tofler Score
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Registered Details
CIN
L28992MH1991PLC168235PAN
AAACH5161NIncorporation
1991, 33.7 yearsCompany Email
secretarial@hitechgroup.comPaid up Capital
₹ 17.2 CrAuthorised Capital
₹ 60.5 CrAGM
Jul 2024Type
Public
Others
FAQ - HITECH CORPORATION LIMITED
What is the incorporation date of HITECH CORPORATION LIMITED?
The incorporation date of HITECH CORPORATION LIMITED is 16 October, 1991
What is the authorized share capital of HITECH CORPORATION LIMITED?
The authorized share capital of HITECH CORPORATION LIMITED is INR ₹ 60.5 Cr.
What is the paid-up capital of HITECH CORPORATION LIMITED?
The paid-up capital of HITECH CORPORATION LIMITED is INR ₹ 17.2 Cr.
What is the registered address of HITECH CORPORATION LIMITED?
The registered address of HITECH CORPORATION LIMITED is Unit No. 201, 2nd Floor, Welspun House, Kamala City, Senapati Bapat Marg, Lower, Parel, Mumbai City, Mumbai, Maharashtra, India, 400013 - 400013
What is the CIN number of HITECH CORPORATION LIMITED?
The CIN number of HITECH CORPORATION LIMITED is L28992MH1991PLC168235.
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