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Hikal Limited
Hikal Limited has been active since 1988, providing more than 38 years of industry experience. Its official identification numbers are CIN L24200MH1988PTC048028 and registration 48028. Hikal Limited is identified as company limited by shares in the corporate registry. The declared authorized capital is ₹75.00 crore. Hikal Limited reports paid-up capital of ₹24.66 crore.
The firm focuses on manufacture of chemicals and chemical products. It is registered in Mumbai. It is incorporated at 717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India, 400021. Hikal Limited holds an active company status. The Permanent Account Number assigned to the company is AAACH0383A. The Legal Entity Identifier assigned to the company is 335800OLTGHHYZWTF859. Its primary communication email is secretarial@hikal.com. The company’s top executive team comprises Kuldeep Kumar Jain (CFO) and Kuldeep Kumar Jain (CFO).
Company Overview
- CIN
- Date of Incorporation
- 07/07/1988
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Private Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹75,00,00,000.00
- Paid up Capital
- ₹24,66,01,500.00
- Activity
- Manufacture Of Chemicals And Chemical Products
- secretarial@hikal.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AAACH0383A1ZB | Active |
| Karnataka | 29AAACH0383A1Z1 | Active |
| Maharashtra | 27AAACH0383A3Z3 | Active |
| 27AAACH0383A1Z5 | Active | |
| 27AAACH0383A2Z4 | Inactive |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE475B07029 | HIKAL LIMITED SR 1 TR3 RR LOA 15JU31 FVRS10LAC | 5% | 15/06/2031 | HIKAL LTD/Var DEB UNSEC | DBVSAN |
| INE475B07011 | HIKAL LIMITED SR 1 TR 1 BR LOA15JU30 FVRS10LAC | 5% | 15/06/2030 | HIKAL LTD/Var DEB SECD | DBVSAN |
| IN8475B01021 | HIKAL LIMITED EQ NEW FV RS. 2/-LISTING/TRADG APROVL AWAITED | - | 12/10/2026 | HIKAL LTD/SH VTG | ESVUFN |
| INE475B01022 | HIKAL LIMITED EQ NEW FV RS. 2/- | - | 12/10/2026 | HIKAL LTD/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹1,43,410.00L | ₹1,47,790.00L | ₹1,48,300.00L | ₹1,37,756.80L | ₹0.00L |
| Net Debt | ₹67,100.00L | ₹74,910.00L | ₹80,210.00L | ₹72,122.40L | ₹0.00L |
| Gross PPE | ₹2,49,490.00L | ₹2,34,000.00L | ₹2,20,900.00L | ₹1,98,860.60L | ₹0.00L |
| Inventory | ₹35,810.00L | ₹33,450.00L | ₹30,370.00L | ₹31,674.20L | ₹0.00L |
| Total Debt | ₹68,380.00L | ₹76,470.00L | ₹81,760.00L | ₹74,818.40L | ₹0.00L |
| Common Stock | ₹2,470.00L | ₹2,470.00L | ₹2,470.00L | ₹2,466.00L | ₹0.00L |
| Current Debt | ₹30,750.00L | ₹39,490.00L | ₹39,190.00L | ₹25,807.50L | ₹0.00L |
| Share Issued | ₹1,233.01L | ₹1,233.01L | ₹1,233.01L | ₹1,233.01L | ₹0.00L |
| Total Assets | ₹2,36,540.00L | ₹2,52,890.00L | ₹2,48,710.00L | ₹2,38,548.20L | ₹0.00L |
| Capital Stock | ₹2,470.00L | ₹2,470.00L | ₹2,470.00L | ₹2,466.00L | ₹0.00L |
| Long Term Debt | ₹37,310.00L | ₹36,720.00L | ₹42,290.00L | ₹48,987.90L | ₹0.00L |
| Current Assets | ₹88,410.00L | ₹99,540.00L | ₹96,660.00L | ₹93,902.10L | ₹0.00L |
| Prepaid Assets | ₹3,850.00L | ₹5,450.00L | ₹7,750.00L | ₹10,399.40L | ₹0.00L |
| Working Capital | ₹20,520.00L | ₹20,590.00L | ₹21,000.00L | ₹27,746.70L | ₹0.00L |
| Invested Capital | ₹1,87,940.00L | ₹2,02,440.00L | ₹2,00,250.00L | ₹1,88,142.40L | ₹0.00L |
| Other Properties | ₹4,240.00L | ₹4,030.00L | ₹2,930.00L | ₹2,773.50L | ₹0.00L |
| Retained Earnings | ₹90,360.00L | ₹96,710.00L | ₹89,250.00L | ₹83,837.70L | ₹0.00L |
| Common Stock Equity | ₹1,19,880.00L | ₹1,26,230.00L | ₹1,18,770.00L | ₹1,13,347.00L | ₹0.00L |
| Net Tangible Assets | ₹1,19,300.00L | ₹1,25,450.00L | ₹1,17,760.00L | ₹1,12,327.50L | ₹0.00L |
| Tangible Book Value | ₹1,19,300.00L | ₹1,25,450.00L | ₹1,17,760.00L | ₹1,12,327.50L | ₹0.00L |
| Current Liabilities | ₹67,890.00L | ₹78,950.00L | ₹75,660.00L | ₹66,155.40L | ₹0.00L |
| Long Term Provisions | ₹5,570.00L | ₹1,570.00L | ₹2,799.10L | ₹2,422.40L | ₹0.00L |
| Stockholders Equity | ₹1,19,880.00L | ₹1,26,230.00L | ₹1,18,770.00L | ₹1,13,347.00L | ₹0.00L |
| Other Equity Interest | ₹60.00L | ₹60.00L | ₹60.00L | ₹55.00L | ₹0.00L |
| Total Capitalization | ₹1,57,190.00L | ₹1,62,950.00L | ₹1,61,060.00L | ₹1,62,334.90L | ₹0.00L |
| Ordinary Shares Number | ₹1,233.01L | ₹1,233.01L | ₹1,233.01L | ₹1,233.01L | ₹0.00L |
| Other Intangible Assets | ₹580.00L | ₹780.00L | ₹1,010.00L | ₹1,019.50L | ₹0.00L |
| Other Non Current Assets | ₹1,540.00L | ₹1,430.00L | ₹1,188.00L | ₹5,970.00L | ₹0.00L |
| Total Non Current Assets | ₹1,48,130.00L | ₹1,53,350.00L | ₹1,52,050.00L | ₹1,44,646.10L | ₹0.00L |
| Cash And Cash Equivalents | ₹960.00L | ₹1,300.00L | ₹1,270.00L | ₹2,673.00L | ₹0.00L |
| Construction In Progress | ₹10,700.00L | ₹13,070.00L | ₹42,250.00L | ₹42,937.40L | ₹0.00L |
| Accumulated Depreciation | -₹1,06,080.00L | -₹85,260.00L | -₹72,600.00L | -₹61,103.80L | ₹0.00L |
| Additional Paid In Capital | ₹8,910.00L | ₹8,910.00L | ₹8,910.00L | ₹8,910.50L | ₹0.00L |
| Other Short Term Investments | ₹400.00L | ₹480.00L | ₹1,360.00L | ₹4,953.00L | ₹0.00L |
| Other Non Current Liabilities | ₹5,190.00L | ₹5,930.00L | ₹5,934.00L | ₹4,364.00L | ₹0.00L |
| Machinery Furniture Equipment | ₹1,82,370.00L | ₹1,66,870.00L | ₹1,36,080.00L | ₹1,19,385.30L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹580.00L | ₹780.00L | ₹1,010.00L | ₹1,019.50L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹1,19,880.00L | ₹1,26,230.00L | ₹1,18,770.00L | ₹1,13,347.00L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹1,16,660.00L | ₹1,26,660.00L | ₹1,29,940.00L | ₹1,25,201.20L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹30,800.00L | ₹39,510.00L | ₹39,210.00L | ₹25,830.50L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹37,580.00L | ₹36,960.00L | ₹42,550.00L | ₹48,987.90L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹1,360.00L | ₹8,350.00L | ₹2,630.00L | ₹2,673.00L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹48,770.00L | ₹47,710.00L | ₹54,280.00L | ₹59,045.80L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | ₹15,390.00L | ₹14,310.00L | -₹1,750.00L | ₹1,268.90L | ₹0.00L |
| Changes In Cash | -₹340.00L | ₹30.00L | -₹1,400.00L | ₹1,528.90L | ₹0.00L |
| End Cash Position | ₹960.00L | ₹1,300.00L | ₹1,270.00L | ₹2,673.00L | ₹0.00L |
| Financing Cash Flow | -₹16,010.00L | -₹14,360.00L | -₹2,700.00L | -₹768.00L | ₹0.00L |
| Investing Cash Flow | -₹14,530.00L | -₹13,650.00L | -₹17,370.00L | -₹29,234.00L | ₹0.00L |
| Operating Cash Flow | ₹30,200.00L | ₹28,040.00L | ₹18,670.00L | ₹31,530.90L | ₹0.00L |
| Capital Expenditure | -₹14,810.00L | -₹13,730.00L | -₹20,420.00L | -₹30,262.00L | ₹0.00L |
| Beginning Cash Position | ₹1,300.00L | ₹1,270.00L | ₹2,670.00L | ₹1,144.10L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | -₹1,790.00L | ₹19,650.00L | ₹14,870.00L | ₹14,629.80L | ₹0.00L |
| EBITDA | ₹14,590.00L | ₹33,090.00L | ₹26,630.00L | ₹25,531.10L | ₹0.00L |
| Net Income | -₹4,880.00L | ₹9,080.00L | ₹6,960.20L | ₹7,838.20L | ₹16,051.00L |
| Gross Profit | ₹89,960.00L | ₹96,810.00L | ₹90,460.00L | ₹86,243.60L | ₹0.00L |
| Pretax Income | -₹7,830.00L | ₹12,380.00L | ₹9,550.00L | ₹10,536.50L | ₹0.00L |
| Tax Provision | -₹2,950.00L | ₹3,300.00L | ₹2,590.00L | ₹2,698.30L | ₹0.00L |
| Total Revenue | ₹1,69,520.00L | ₹1,84,350.00L | ₹1,76,870.00L | ₹2,00,470.50L | ₹1,94,272.00L |
| Cost Of Revenue | ₹79,560.00L | ₹87,540.00L | ₹86,410.00L | ₹1,14,226.90L | ₹0.00L |
| Total Expenses | ₹1,63,750.00L | ₹1,64,890.00L | ₹1,61,910.00L | ₹1,85,578.00L | ₹0.00L |
| Interest Income | ₹110.00L | ₹60.00L | ₹170.00L | ₹195.60L | ₹0.00L |
| Interest Expense | ₹6,040.00L | ₹7,270.00L | ₹5,320.00L | ₹4,093.30L | ₹0.00L |
| Operating Income | ₹5,770.00L | ₹19,460.00L | ₹14,960.00L | ₹14,892.50L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹23,170.00L | ₹33,100.00L | ₹26,570.00L | ₹25,485.70L | ₹0.00L |
| Normalized Income | ₹467.43L | ₹9,087.33L | ₹6,916.47L | ₹7,804.43L | ₹0.00L |
| Operating Expense | ₹84,190.00L | ₹77,350.00L | ₹75,500.00L | ₹71,351.10L | ₹0.00L |
| Operating Revenue | ₹1,69,520.00L | ₹1,84,350.00L | ₹1,76,870.00L | ₹2,00,470.50L | ₹0.00L |
| Net Interest Income | -₹6,100.00L | -₹7,460.00L | -₹5,450.00L | -₹4,359.20L | ₹0.00L |
| Total Unusual Items | -₹8,580.00L | -₹10.00L | ₹60.00L | ₹45.40L | ₹0.00L |
| Total Other Finance Cost | ₹170.00L | ₹250.00L | ₹300.00L | ₹461.50L | ₹0.00L |
| Other Operating Expenses | ₹29,650.00L | ₹29,110.00L | ₹28,560.00L | ₹28,704.60L | ₹0.00L |
| Reconciled Depreciation | ₹16,380.00L | ₹13,440.00L | ₹11,760.00L | ₹10,901.30L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹79,560.00L | ₹87,540.00L | ₹86,410.00L | ₹1,14,226.90L | ₹0.00L |
| Rent Expense Supplemental | ₹230.00L | ₹160.00L | ₹200.00L | ₹252.70L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹3,232.57L | -₹2.67L | ₹16.27L | ₹11.63L | ₹0.00L |
| Interest Income Non Operating | ₹110.00L | ₹60.00L | ₹170.00L | ₹195.60L | ₹0.00L |
| Selling And Marketing Expense | ₹3,650.00L | ₹3,690.00L | ₹2,810.00L | ₹2,941.70L | ₹0.00L |
| Interest Expense Non Operating | ₹6,040.00L | ₹7,270.00L | ₹5,320.00L | ₹4,093.30L | ₹0.00L |
| Net Income Common Stockholders | -₹4,880.00L | ₹9,080.00L | ₹6,960.20L | ₹7,838.20L | ₹0.00L |
| Net Income Continuous Operations | -₹4,880.00L | ₹9,080.00L | ₹6,960.00L | ₹7,838.20L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | -₹4,880.00L | ₹9,080.00L | ₹6,960.20L | ₹7,838.20L | ₹0.00L |
| General And Administrative Expense | ₹5,970.00L | ₹4,830.00L | ₹6,140.00L | ₹5,706.80L | ₹0.00L |
| Selling General And Administration | ₹9,620.00L | ₹8,520.00L | ₹8,950.00L | ₹8,648.50L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹8,580.00L | -₹10.00L | ₹60.00L | ₹45.40L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹6,100.00L | -₹7,460.00L | -₹5,450.00L | -₹4,359.20L | ₹0.00L |
| Net Income Including Noncontrolling Interests | -₹4,880.00L | ₹9,080.00L | ₹6,960.00L | ₹7,838.20L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | -₹4,880.00L | ₹9,080.00L | ₹6,960.20L | ₹7,838.20L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | -₹4,880.00L | ₹9,080.00L | ₹6,960.20L | ₹7,838.20L | ₹0.00L |
Company Performance (FY22–FY26)
₹2.0 K Cr₹1.5 K Cr₹1.0 K Cr₹501.2 Cr₹0
FY22FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 05/02/1992 | Sugandha Jaidev Hiremath | 00062031 | Director | View other directorships |
| 26/05/1999 | Sameer Jai Hiremath | 00062129 | Managing Director | View other directorships |
| 01/07/2008 | Jai Vishwanath Hiremath | 00062203 | Whole-time director | View other directorships |
| 09/02/2012 | Amit Babasaheb Kalyani | 00089430 | Director | View other directorships |
| 01/08/2019 | Shivani Bhasin Sachdeva | 00590500 | Director | View other directorships |
| 05/08/2020 | Rajasekhar Reddy Chintakindi | *****8237D | Company Secretary | |
| 05/11/2020 | Kuldeep Kumar Jain | *****7441P | CFO | |
| 22/12/2021 | Shrikrishna Kiran Adivarekar | 06928271 | Director | View other directorships |
| 01/10/2023 | Ramachandra Kaundinya Vinnakota | 00043067 | Director | View other directorships |
| 11/01/2024 | Ravi Brijmohan Kapoor | 01761752 | Director | View other directorships |
| 23/03/2024 | Ranjana Shivanand Salgaocar | 00120120 | Director | View other directorships |
| 01/04/2024 | Suresh Sarangan | 10562713 | Whole-time director | View other directorships |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 12
- Sameer Jai HiremathManaging Director
- Suresh SaranganWhole-time director
- Jai Vishwanath HiremathWhole-time director
- Ranjana Shivanand SalgaocarDirector
- Ravi Brijmohan KapoorDirector
- Ramachandra Kaundinya VinnakotaDirector
- Shrikrishna Kiran AdivarekarDirector
- Shivani Bhasin SachdevaDirector
- Amit Babasaheb KalyaniDirector
- Sugandha Jaidev HiremathDirector
- Kuldeep Kumar JainCFO
- Rajasekhar Reddy ChintakindiCompany Secretary
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 10/11/2024 | Form MGT-7-05112024 | - |
| 16/10/2024 | Form AOC-4(XBRL)-16102024 | - |
| 19/03/2024 | Form Addendum to AOC-4 CSR-19032024_signed | - |
Charges
| SRN | Date | Amount | Holder |
|---|---|---|---|
| AB2782535 | 12/02/2025 | ₹50,00,00,000.00 | Icici Bank Limited |
| AA6492333 | 01/08/2023 | ₹3,75,00,00,000.00 | Axis Trustee Services Limited |
| AC0049233 | 08/11/2022 | ₹1,00,00,00,000.00 | Icici Bank Limited |
| T59812800 | 21/07/2020 | ₹2,50,00,00,000.00 | Export-import Bank Of India |
| R36874535 | 13/12/2019 | ₹75,00,00,000.00 | Kotak Mahindra Bank Limited |
| H91425991 | 26/08/2019 | ₹75,00,00,000.00 | Kotak Mahindra Bank Limited |
| R37724176 | 05/09/2018 | ₹75,00,00,000.00 | Hdfc Bank Limited |
| AA6732000 | 03/06/2016 | ₹1,06,00,00,000.00 | Axis Trustee Services Limited |
| AA4033633 | 20/11/2015 | ₹2,60,00,00,000.00 | Axis Trustee Services Limited |
| C75137885 | 27/02/2015 | ₹75,00,00,000.00 | Standard Chartered Bank |
| H46084174 | 23/09/2014 | ₹48,00,00,000.00 | International Finance Corporation |
| G06283212 | 26/08/2014 | ₹15,00,00,000.00 | Rbl Bank Limited |
| C75136101 | 31/07/2014 | ₹75,00,00,000.00 | Standard Chartered Bank |
| H30397590 | 30/10/2013 | ₹20,00,00,000.00 | Icici Bank Limited |
| C73979148 | 25/10/2013 | ₹25,00,00,000.00 | Kotak Mahindra Bank Limited |
| C75463398 | 25/09/2012 | ₹15,00,00,000.00 | Aditya Birla Finance Limited |
| C76477777 | 03/04/2012 | ₹30,00,00,000.00 | Icici Bank Limited |
| C74600776 | 28/02/2012 | ₹30,00,00,000.00 | Export Import Bank Of India |
| H41301755 | 27/02/2012 | ₹15,00,00,000.00 | Yes Bank Limited |
| B40840910 | 20/01/2012 | ₹10,00,00,000.00 | Icici Bank Ltd. |
| B19024462 | 30/07/2011 | ₹15,00,00,000.00 | State Bank Of Hyderabad |
| C76504257 | 13/10/2010 | ₹40,00,00,000.00 | Idbi Bank Limited |
| G10422327 | 07/10/2010 | ₹50,60,00,000.00 | Standard Chartered Bank |
| C76757061 | 14/09/2010 | ₹65,00,00,000.00 | Export Import Bank Of India |
| H26563775 | 25/03/2010 | ₹40,00,00,000.00 | Idbi Bank Ltd. |
| H41538109 | 25/09/2009 | ₹20,00,00,000.00 | Standard Chartered Bank |
| C48620405 | 17/07/2009 | ₹25,00,00,000.00 | Export Import Bank Of India |
| H46083341 | 24/04/2009 | ₹75,00,00,000.00 | International Finance Corporation |
| A89350458 | 02/04/2009 | ₹20,00,00,000.00 | State Bank Of India |
| B79612057 | 03/03/2009 | ₹40,00,00,000.00 | State Bank Of India |
| C48621403 | 19/03/2008 | ₹55,00,00,000.00 | Export-import Bank Of India |
| B58945619 | 17/12/2007 | ₹17,00,00,000.00 | Dbs Bank Ltd. |
| B13589361 | 17/12/2007 | ₹17,50,00,000.00 | Hdfc Bank Limited |
| B15025901 | 17/12/2007 | ₹20,00,00,000.00 | Abn-amro Bank N.v. |
| B13803424 | 17/12/2007 | ₹35,00,00,000.00 | Citibank N.a. |
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| A52042850 | 17/12/2007 | ₹20,00,00,000.00 | Dbs Bank Ltd. |
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| A72245749 | 16/07/1990 | ₹3,53,00,000.00 | Bank Of Baroda |
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Address
717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India, 400021
Frequently Asked Questions
What is the incorporation date of Hikal Limited?
The incorporation date of Hikal Limited is 07/07/1988.
What is the authorized share capital and paid-up capital of Hikal Limited?
The authorized share capital of Hikal Limited is ₹75,00,00,000.00. The paid-up capital is ₹24,66,01,500.00.
Who are the current board members & directors of Hikal Limited?
The current board member of Hikal Limited are:
- Shivani Bhasin Sachdeva
- Jai Vishwanath Hiremath
- Sameer Jai Hiremath
- Sugandha Jaidev Hiremath
- Amit Babasaheb Kalyani
- Rajasekhar Reddy Chintakindi
- Shrikrishna Kiran Adivarekar
- Kuldeep Kumar Jain
- Ravi Brijmohan Kapoor
- Ranjana Shivanand Salgaocar
- Suresh Sarangan
- Ramachandra Kaundinya Vinnakota
What is the registered address of Hikal Limited?
The registered address of Hikal Limited is 717/718 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India, 400021.
What is the Corporate Identification Number of Hikal Limited?
The Corporate Identification Number of Hikal Limited is L24200MH1988PTC048028.