Harmony Merchandise Private Limited
About Harmony Merchandise Private Limited
Data last updated:
Harmony Merchandise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2009PTC092436. Its GSTIN is 24AACCH2400A1ZN (Gujarat).
The company has an authorised share capital of ₹32 Lakh and a paid-up capital of ₹31.94 Lakh. It is led by directors Aditya Dhruvkumar Patel and Aditi Aditya Patel.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 702 Seventh Floor One World Capital Beside Rajpath Club S G Road, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.45 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹66,131 (net margin 0.3%) and EBITDA of ₹2.19 Lakh (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Harmony Merchandise has one previous CIN (Corporate Identification Number): U51909WB2009PTC136955. The current CIN is U51909GJ2009PTC092436, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ2009PTC092436 | Current |
| U51909WB2009PTC136955 | Previous |
Contact details
Harmony Merchandise Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 702 Seventh Floor One World Capital Beside Rajpath Club S G Road, Ahmedabad, Gujarat, India – 380054
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Harmony Merchandise 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 Harmony Merchandise 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 Harmony Merchandise Private Limited, buy the company report.
Financials of Harmony Merchandise Private Limited
FY 2025 filings availableHarmony Merchandise Private Limited reported revenue of ₹2.45 Cr (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 41% fall in the latest year. EBITDA fell 80% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66,131 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Harmony Merchandise Private Limited, buy the company report.
Board of directors of Harmony Merchandise Private Limited
Harmony Merchandise has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Dhruvkumar Patel | Director | 14 Jul 2016 | 10 Years 3 Months | Current |
| Aditi Aditya Patel | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
Peer comparison
Harmony Merchandise Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Ghrushneshwar Shetkari Agro Producer Company Limited | ₹2.45 Cr (FY 2024) | 2.0% | Aurangabad, Maharashtra, India | |||
| Shree Madan Mohan Propcon Private Limited | ₹2.45 Cr (FY 2025) | -57.0% | Bikaner, Rajasthan, India | |||
| Metaflex Plastic Industries Private Limited | ₹2.45 Cr (FY 2024) | 1098.0% | Vasai, Maharashtra, India | |||
| Shyambaba Distributors Pvt Ltd | ₹2.45 Cr (FY 2016) | 848.0% | Kolkata, West Bengal, India | |||
| Ollie Fittings Private Limited | ₹2.45 Cr (FY 2024) | -2.0% | Aligarh, Uttar Pradesh, India | |||
| Harmony Merchandise Private Limitedthis company | ₹2.45 Cr (FY 2025) | ₹66,131 | 0.3% | -41.0% | Ahmedabad, Gujarat, India | |
| Detaman Electricals Private Limited | ₹2.45 Cr (FY 2025) | -30.0% | Pune, Maharashtra, India | |||
| Sahani Agro Tech Private Limited | ₹2.45 Cr (FY 2024) | -13.0% | Howrah, West Bengal, India | |||
| Suncure Lifescience Private Limited | ₹2.45 Cr (FY 2025) | 26.0% | Surat, Gujarat, India | |||
| Show Man Entertainment Private Limited | ₹2.45 Cr (FY 2024) | -44.0% | Chennai, Tamil Nadu, India | |||
| Janson Hardware Private Limited | ₹2.45 Cr (FY 2025) | 4.0% | Delhi, India |
To see the full peer comparison of Harmony Merchandise Private Limited, buy the company report.
Auditor
Harmony Merchandise Private Limited is audited by N H Gandhi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N H Gandhi & Associates | FY 2023 | 130314W |
Shareholding
The shareholding of Harmony Merchandise Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harmony Merchandise Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Harmony Merchandise 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 Harmony Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Harmony Merchandise has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Harmony Merchandise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH2400A1ZN | Gujarat | Active | 16 Jul 2018 |
To see the full GST registrations and return filing status of Harmony Merchandise Private Limited, buy the company report.
Recent activity
Harmony Merchandise Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Aditi Aditya Patel ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Harmony Merchandise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 July 2009 (17+ years old) and is registered under CIN U51909GJ2009PTC092436.
Harmony Merchandise has 2 current directors:
- Aditya Dhruvkumar Patel - Director
- Aditi Aditya Patel - Director
The latest financial statements of Harmony Merchandise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harmony Merchandise is 24AACCH2400A1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Harmony Merchandise is U51909GJ2009PTC092436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Merchandise was incorporated on 18 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Harmony Merchandise by revenue are Ghrushneshwar Shetkari Agro Producer Company Limited, Shree Madan Mohan Propcon Private Limited, Metaflex Plastic Industries Private Limited, Shyambaba Distributors Pvt Ltd, Ollie Fittings Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Aditi Aditya Patel ceased to be Additional Director on 30 Sep 2019. Daksh Dhruvkumar Patel ceased to be Director on 30 Jun 2019. Aditi Aditya Patel was appointed as Director on 29 Mar 2019. Harmony Merchandise has 9 board changes on record in total.
The registered office of Harmony Merchandise is at B – 702 Seventh Floor One World Capital Beside Rajpath Club S G Road, Ahmedabad, Gujarat, India – 380054.
Harmony Merchandise operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Harmony Merchandise is compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.