- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0033379

About Hardy Smith Designs Private Limited
Data last updated:
Hardy Smith Designs Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2011PTC066635. Its GSTIN is 24AACCH7142M1ZH (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardik Vasudev Panchal and Niyati Hardik Panchal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.59 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.8 Lakh (net margin 0.9%) and EBITDA of ₹11.88 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 18% over five years.
Hardy Smith Designs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0033379). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hardysmith.org.
Company details
Recognitions & Rankings of Hardy Smith Designs
Contact details
Hardy Smith Designs Private Limited's registered office is in Ahmedabad, Gujarat. Its website is hardysmith.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHardy Smith Wpc Centre 1014 Ganesh Glory Nr Bsnl Office Godrej Garden City Road Sg Highwa, Y Jagatpur, Ahmedabad, Gujarat, India – 382470
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Hardy Smith Designs Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Hardy Smith Designs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hardy Smith Designs Private Limited, buy the company report.
Financials of Hardy Smith Designs Private Limited
FY 2025 filings availableHardy Smith Designs Private Limited reported revenue of ₹5.59 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 11% growth in the latest year. EBITDA fell 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.8 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hardy Smith Designs Private Limited, buy the company report.
Board of directors of Hardy Smith Designs Private Limited
Hardy Smith Designs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Vasudev Panchal Also directs: Greenoplast Interio Private Limited | Director | 04 Aug 2011 | 15 Years 3 Months | Current |
| Niyati Hardik Panchal Also directs: Greenoplast Interio Private Limited | Director | 04 Aug 2011 | 15 Years 3 Months | Current |
Peer comparison
Hardy Smith Designs Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Lotus Furniture Trading Private Limited | ₹5.65 Cr (FY 2025) | 61.0% | Kolhapur, Maharashtra, India | |||
| G N Gupta Marble House Private Limited | ₹5.61 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Hardy Smith Designs Private Limitedthis company | ₹5.59 Cr (FY 2024) | ₹4.8 Lakh | 0.9% | 11.0% | Ahmedabad, Gujarat, India | |
| Metro Furniture Private Limited | ₹5.58 Cr (FY 2025) | 16.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Hardy Smith Designs Private Limited, buy the company report.
Auditor
Hardy Smith Designs Private Limited is audited by BRIJESH SONVANE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRIJESH SONVANE & CO | FY 2020 | 137117W |
Shareholding
The shareholding of Hardy Smith Designs Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hardy Smith Designs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hardy Smith Designs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hardy Smith Designs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hardy Smith Designs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH7142M1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hardy Smith Designs Private Limited, buy the company report.
Recent activity
Hardy Smith Designs Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Hardik Vasudev Panchal was appointed as Director on 04 Aug 2011.
Frequently asked questions
Hardy Smith Designs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 August 2011 (15+ years old) and is registered under CIN U29100GJ2011PTC066635.
Hardy Smith Designs has 2 current directors:
- Hardik Vasudev Panchal - Director
- Niyati Hardik Panchal - Director
The latest financial statements of Hardy Smith Designs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hardy Smith Designs is 24AACCH7142M1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Hardy Smith Designs is U29100GJ2011PTC066635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hardy Smith Designs was incorporated on 04 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hardy Smith Designs by revenue are Shree Lotus Furniture Trading Private Limited, G N Gupta Marble House Private Limited, Metro Furniture Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wholesale trading).
Hardik Vasudev Panchal was appointed as Director on 04 Aug 2011. Niyati Hardik Panchal was appointed as Director on 04 Aug 2011.
Yes, Hardy Smith Designs is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0033379).
Hardy Smith Designs can be reached through the website hardysmith.org. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Hardy Smith Designs is at Hardy Smith Wpc Centre 1014 Ganesh Glory Nr Bsnl Office Godrej Garden City Road Sg Highwa, Y Jagatpur, Ahmedabad, Gujarat, India – 382470.

