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Hittco Tools Ltd. (India)

Main Activities: Cutting Tool and Machine Tool Accessory Manufacturing
Full name: Hittco Tools Ltd. Profile Updated: May 03, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Hittco Tools Ltd. is a manufacturing company located in Bangalore, India. It was incorporated in 1974 and initially focused on producing High-Speed Steel (HSS) range of tools. In 2008, the company expanded its manufacturing capabilities to include Solid Carbide Tools. Hittco takes pride in its professional team, which includes experts in technical, planning, quality control, and marketing. The company's manufacturing process utilizes the most accepted and modern grinding methods, resulting in high accuracy and finish on the tools produced. Hittco currently operates two manufacturing units in the Peenya Industrial Area, the largest industrial area in Asia, with a total built area of approximately 5000 square meters. The company's main products include HSS Tools and Solid Carbide Tools. The factory address is No. 78, 3rd Phase, Peenya Industrial Area, Bengaluru – 560 058, India.

Legal Address
HTC Aspire, #19,, Ali Asker Road,
Bangalore; Karnataka; Postal Code: 560052

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Website: http://www.hittco.com

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1995
Key Executives
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Chief Executive
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Director
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Director
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Director
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Director
Ownership Details
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61.31%
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25.32%
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13.06%
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0.31%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-4.44%
Total operating revenue
-4.44%
Operating profit (EBIT)
-51.72%
EBITDA
-29.13%
Net Profit (Loss) for the Period
-97.3%
Total equity
0%
Operating Profit Margin (ROS)
-6.07%
Net Profit Margin
-7.6%
Return on Equity (ROE)
-5.96%

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