Harita Seating Systems

Chennai, India Founded: 1988 • Age: 38 yrs Listed
Bus passenger seats and commercial vehicle driver seats are manufactured.
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About Harita Seating Systems

Harita Seating Systems is a publicly listed company based in Chennai (India) founded in 1988. Bus passenger seats and commercial vehicle driver seats are manufactured. The company has 34 employees. Its chief executive, as recorded, is Ag Giridharan. Its Indian entity Uno Minda Limited reported revenue of ₹19,941 Cr. Its focus areas include Auto, Auto Components, Interiors and Seating System. Its competitors include Mayur Uniquoters and Pinnacle Industries.

Company details

Harita Seating Systems is a listed company which is a part of TVS group. The company manufactures different types of passenger seats for buses and driver seats for commercial vehicles. The company has five different locations for manufacturing plants and also has 1 Ramp;D center. Harita Fehrer Limited is a joint venture between Harita Seating Systems and F.S Fehrer Automotive GmbH, one of the market leaders in automotive foam business in Germany. Its clientele includes Tata, Ashok Leyland, Bharat Benz, Nissan, Mahindra and many more.

  • Headquarters Chennai, India
  • Employees 34
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Website haritaseating.com
  • Social LinkedIn
  • Legal Name Uno Minda Limited
  • Date of Incorporation 16 Sep, 1992
  • Jurisdiction Delhi, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Components
Key Metrics
  • Market Cap
    ₹80,037 Cr

    UNOMINDA · NSE

  • Share Price
    ₹1,388.00

    +0.14% today

  • Revenue
    ₹19,658 Cr

    FY 2025-26 · +17.2% YoY

  • EBITDA
    ₹2,224 Cr

    Margin 11.3%

  • Net Profit
    ₹1,215 Cr

    FY 2025-26 · +30.9% YoY

  • P/E (TTM)
    59.2x

    P/B 10.7x

  • ROE
    20.4%

    ROCE 19.9%

  • Debt / Equity
    0.42

    Interest cover 12.3x

  • Employee Count
    34

Board of directors of Uno Minda Limited (Harita Seating Systems)

Uno Minda Limited is the primary company behind Harita Seating Systems. The boards of the 2 registered companies of Harita Seating Systems currently have 16 directors; the longest-serving is Harihara Iyer Lakshmanan, appointed in 1996. 32 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Harihara Iyer Lakshmanan
DIN 00057973
Director24 Apr 199630 yrs 6 moHarita Seating Systems Limited
Shamsudeen Ibrahim Jaffar Ali
DIN 00058955
Director22 Jan 199729 yrs 9 moHarita Seating Systems Limited
Narasimha Prasad Chundi
DIN 01950656
Director23 Apr 200818 yrs 6 moHarita Seating Systems Limited
Nirmal Kumar Minda
DIN 00014942
Whole-time director01 Apr 201313 yrs 7 moUno Minda Limited
Angarai Ganesan Giridharan
DIN 07946418
CEO03 Nov 201412 yrsHarita Seating Systems Limited
Bhadri Lakshminarasimhan
DIN 06829886
Director13 Oct 201511 yrs 1 moHarita Seating Systems Limited
Sasikala Varadachari
DIN 07132398
Director22 Mar 201610 yrs 7 moHarita Seating Systems Limited
Rajiv Batra
DIN 00082866
Director01 Apr 20224 yrs 7 moUno Minda Limited
Rashmi Urdhwareshe
DIN 08668140
Director25 Jan 20233 yrs 9 moUno Minda Limited
Vivek Jindal
DIN 01074542
Whole-time director01 Apr 20233 yrs 7 moUno Minda Limited
Paridhi Minda
DIN 00227250
Director01 Apr 20251 yr 7 moUno Minda Limited
Ravi Mehra
DIN 01651911
Managing Director01 Apr 20251 yr 7 moUno Minda Limited
Pallak Minda
DIN 07991658
Director01 Apr 20251 yr 7 moUno Minda Limited
Abhay Damle
DIN 06845673
Director01 Apr 20251 yr 7 moUno Minda Limited
Shekar Viswanathan
DIN 01202587
Director01 Apr 20251 yr 7 moUno Minda Limited
Randhir Singh Kalsi
DIN 01453119
Director11 Aug 20251 yr 3 moUno Minda Limited

People of Harita Seating Systems

1 people are tracked at Harita Seating Systems (1 in leadership); the tracked headcount is 34.

NameRoleGroup
Ag Giridharan
CEOLeadership
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IPO & Listings of Harita Seating Systems

Harita Seating Systems is a publicly listed company on the NSE with ticker symbol UNOMINDA in India, operating in the Auto Ancillaries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Apr 2009
  • Listed onNSE: HARITASEAT
  • Listed entityUno Minda Limited
  • Exchange sectorAuto Ancillaries

Financials of Harita Seating Systems

Exchange-reported figures of Uno Minda Limited, the listed company behind Harita Seating Systems (NSE: UNOMINDA).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹19,658 Cr
+17.2% YoY
EBITDA
₹2,224 Cr
+19.0% YoY
Profit After Tax
₹1,215 Cr
+30.9% YoY
Net Worth
₹6,830 Cr
+19.2% YoY
Total Assets
₹10,208 Cr
+16.6% YoY
Total Debt
₹2,740 Cr
+10.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue19,65816,77514,03111,2368,3136,3746,222
Revenue growth+17.2%+19.6%+24.9%+35.2%+30.4%+2.4%-
EBITDA2,2241,8691,5821,242885725637
EBITDA margin+11.3%+11.1%+11.3%+11.1%+10.7%+11.4%+10.2%
Profit before tax1,6161,3071,192891559325244
Net profit1,215928859648343204172
Net profit margin+6.2%+5.5%+6.1%+5.8%+4.1%+3.2%+2.8%
EPS (₹)20.7316.4215.3311.4112.467.605.92
Balance sheet
Total assets10,2088,7577,1156,0024,8893,9473,665
Net worth6,8305,7274,9434,1563,4382,2571,861
Total debt2,7402,4731,7061,3959481,1591,317
Cash & bank358204254173234238341
Net working capital2,5032,1301,7211,3011,064419139
Cash flow
Cash from operations1,7201,0719798033833431,049
Cash from investing(1,651)(1,479)(951)(1,185)(697)(361)(810)
Cash from financing9.8536590.49301311(40.24)(95.90)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue6,6555,5575,3365,0184,8144,4894,5284,184
Revenue growth (YoY)+38.3%+23.8%+17.9%+19.9%+13.4%+17.6%--
Other income64.2753.8669.9877.7376.3059.2962.3148.93
EBITDA733572603526552543527457
EBITDA margin+11.0%+10.3%+11.3%+10.5%+11.5%+12.1%+11.6%+10.9%
Depreciation178177192179173159165158
Interest48.7046.0644.8652.7845.3943.9940.7847.30
Profit before tax571403436372409399384301
Tax13087.3484.3871.4086.4690.0894.2946.62
Net profit441316352300323309289254
EPS (₹)7.265.115.644.795.275.054.624.04
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14,70012,45610,4987,1874,9603,7013,175
Revenue growth+18.0%+18.7%+46.1%+44.9%+34.0%+16.6%-
EBITDA1,5891,3001,130705407329261
EBITDA margin+10.8%+10.4%+10.8%+9.8%+8.2%+8.9%+8.2%
Profit before tax1,197958839565262167141
Net profit998794642466210120117
Net profit margin+6.8%+6.4%+6.1%+6.5%+4.2%+3.2%+3.7%
EPS (₹)16.8313.8711.598.086.864.384.08
Balance sheet
Total assets7,8216,8565,4434,0813,0892,3952,134
Net worth5,7944,8064,2003,2882,6561,6481,315
Total debt1,8831,9251,135724378671742
Cash & bank17978.3013065.6162.8379.47137
Net working capital1,5831,4591,166769443(125)235
Cash flow
Cash from operations1,399705771343255156433
Cash from investing(1,081)(1,237)(740)(651)(373)(259)(364)
Cash from financing(218)48824.8127510051.3321.75
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue4,9084,0293,9313,7473,6323,3913,3733,136
Revenue growth (YoY)+35.2%+18.8%+16.5%+19.5%+16.3%+20.0%--
Other income10577.3325.5015.3214869.7213.8922.04
Total expenses4,3563,6473,5263,3973,2202,9693,0072,834
EBITDA552383405350412422366302
EBITDA margin+11.2%+9.5%+10.3%+9.3%+11.3%+12.4%+10.8%+9.6%
Depreciation131125138130125117119112
Interest34.8432.0133.9738.4933.9334.2128.8338.46
Profit before tax492303259197401341232173
Tax99.0458.2355.7840.4762.2666.9352.9516.08

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 15 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue6,6555,5575,3365,0184,8144,4894,5284,184
Revenue growth (YoY)+38.3%+23.8%+17.9%+19.9%+13.4%+17.6%--
Other income64.2753.8669.9877.7376.3059.2962.3148.93
EBITDA733572603526552543527457
EBITDA margin+11.0%+10.3%+11.3%+10.5%+11.5%+12.1%+11.6%+10.9%
Depreciation178177192179173159165158
Interest48.7046.0644.8652.7845.3943.9940.7847.30
Profit before tax571403436372409399384301
Tax13087.3484.3871.4086.4690.0894.2946.62
Net profit441316352300323309289254
EPS (₹)7.265.115.644.795.275.054.624.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue19,65816,77514,03111,2368,3136,3746,222
Revenue growth+17.2%+19.6%+24.9%+35.2%+30.4%+2.4%-
Other income28322324914912848.7640.49
Total expenses17,43414,90512,4499,9957,4285,6495,585
Employee cost2,5832,1651,7791,4601,207982944
EBITDA2,2241,8691,5821,242885725637
EBITDA margin+11.3%+11.1%+11.3%+11.1%+10.7%+11.4%+10.2%
Depreciation704615526430392375340
Interest18717011369.5262.3273.6594.17
Profit before tax1,6161,3071,192891559325244
Tax33228626719114710168.62
Net profit1,215928859648343204172
Net profit margin+6.2%+5.5%+6.1%+5.8%+4.1%+3.2%+2.8%
EPS (₹)20.7316.4215.3311.4112.467.605.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11511511511557.1254.3952.44
Reserves & surplus6,7085,6064,8214,0353,3812,2021,809
Shareholders' funds (net worth)6,8305,7274,9434,1563,4382,2571,861
Minority interest431386322278326306283
Secured loans1,8131,6881,4071,0745967751,011
Unsecured loans927785299321352385305
Total debt2,7402,4731,7061,3959481,1591,317
Total liabilities10,2088,7577,1156,0024,8893,9473,665
Assets
Gross block9,3987,7336,3985,3064,3494,0073,541
Net block5,6584,7493,9313,3162,8052,7972,674
Capital work in progress746730216293347134360
Investments951848951869607531398
Inventories2,1311,7171,6381,3311,046751610
Sundry debtors2,7062,4962,0651,7231,3771,199863
Cash & bank balances358204254173234238341
Loans & advances797687532331287232200
Total current assets5,9935,1034,4903,5592,9442,4202,014
Total current liabilities3,4902,9732,7692,2581,8802,0011,874
Net working capital2,5032,1301,7211,3011,064419139
Total assets10,2088,7577,1156,0024,8893,9473,665
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash198241121202206264121
Net cash from operating activities1,7201,0719798033833431,049
Net cash from investing activities(1,651)(1,479)(951)(1,185)(697)(361)(810)
Net cash from financing activities9.8536590.49301311(40.24)(95.90)
Net change in cash79.09(42.73)119(80.91)(3.34)(58.06)143
Closing cash358204254173234238341
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+17.2%+19.6%+24.9%+35.2%+30.4%+2.4%-
EBITDA growth+19.0%+18.1%+27.4%+40.3%+22.1%+13.8%-
PBT growth+23.7%+9.6%+33.7%+59.3%+72.2%+33.3%-46.4%
Net income growth+30.9%+8.1%+32.4%+89.1%+68.3%+18.2%-
Revenue CAGR (3Y)+20.5%+26.4%+30.1%+21.8%+12.1%+12.6%+22.5%
EBITDA CAGR (3Y)+21.4%+28.3%+29.7%+24.9%+6.9%+13.0%+19.5%
Profitability & leverage
Net income margin+6.5%+6.1%+6.6%+6.2%+5.0%+3.5%+2.8%
Return on capital employed+19.9%+19.5%+20.9%+18.7%+15.2%+11.4%+11.5%
Return on net worth+20.5%+19.1%+20.3%+18.4%+14.5%+10.9%+10.8%
Debt / equity0.420.390.340.310.370.600.67
Long-term debt / equity0.270.240.200.180.220.380.42
Interest cover12.3013.5810.708.5612.6221.0631.68
Efficiency & per share
Fixed asset turnover2.292.372.402.331.991.692.10
Inventory turnover10.2210.009.459.459.259.3710.63
Debtors turnover7.567.367.417.256.466.187.06
EPS (₹)20.7316.4215.3311.4112.467.605.92
Dividend per share (₹)2.652.252.001.501.500.850.40
Book value per share (₹)118.1699.6485.9872.41120.3982.9870.98
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue4,9084,0293,9313,7473,6323,3913,3733,136
Revenue growth (YoY)+35.2%+18.8%+16.5%+19.5%+16.3%+20.0%--
Other income10577.3325.5015.3214869.7213.8922.04
Total expenses4,3563,6473,5263,3973,2202,9693,0072,834
EBITDA552383405350412422366302
EBITDA margin+11.2%+9.5%+10.3%+9.3%+11.3%+12.4%+10.8%+9.6%
Depreciation131125138130125117119112
Interest34.8432.0133.9738.4933.9334.2128.8338.46
Profit before tax492303259197401341232173
Tax99.0458.2355.7840.4762.2666.9352.9516.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14,70012,45610,4987,1874,9603,7013,175
Revenue growth+18.0%+18.7%+46.1%+44.9%+34.0%+16.6%-
Other income25922816711779.9254.6262.85
Total expenses13,11111,1569,3686,4824,5533,3712,914
Employee cost1,7101,4241,142834633484429
EBITDA1,5891,3001,130705407329261
EBITDA margin+10.8%+10.4%+10.8%+9.8%+8.2%+8.9%+8.2%
Depreciation510441380227191178137
Interest14112978.5730.1733.9438.5345.94
Profit before tax1,197958839565262167141
Tax22516217410266.2548.4633.56
Net profit998794642466210120117
Net profit margin+6.8%+6.4%+6.1%+6.5%+4.2%+3.2%+3.7%
EPS (₹)16.8313.8711.598.086.864.384.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11511511511557.1254.3952.44
Reserves & surplus5,6724,6844,0793,1672,5991,5931,263
Shareholders' funds (net worth)5,7944,8064,2003,2882,6561,6481,315
Secured loans4561,0691,016598226496673
Unsecured loans1,42785511912615217568.28
Total debt1,8831,9251,135724378671742
Total liabilities7,8216,8565,4434,0813,0892,3952,134
Assets
Gross block7,0005,8844,7752,8512,0551,8441,396
Net block4,3133,6442,8861,7671,3201,265833
Capital work in progress55065919313193.5880.60220
Investments1,1468859441,2791,2041,132756
Inventories1,2721,0731,037631472370257
Sundry debtors1,9481,8461,5591,134854685463
Cash & bank balances17978.3013065.6162.8379.47137
Loans & advances614506409221168131109
Total current assets4,0133,5043,1362,0521,5571,265967
Total current liabilities2,4302,0461,9701,2831,1141,390732
Net working capital1,5831,4591,166769443(125)235
Total assets7,8216,8565,4434,0813,0892,3952,134
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash76.5812064.6992.4974.3112532.46
Net cash from operating activities1,399705771343255156433
Net cash from investing activities(1,081)(1,237)(740)(651)(373)(259)(364)
Net cash from financing activities(218)48824.8127510051.3321.75
Net change in cash99.51(43.84)55.73(33.60)(17.89)(50.96)91.21
Closing cash17978.3013065.6162.8379.47137
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.0%+18.7%+46.1%+44.9%+34.0%+16.6%-
EBITDA growth+22.2%+15.0%+60.4%+73.2%+23.6%+26.1%-
PBT growth+25.0%+14.1%+48.6%+115.3%+56.6%+19.1%-44.2%
Net income growth+25.6%+23.8%+37.8%+122.3%+74.8%+2.0%-
Revenue CAGR (3Y)+26.9%+35.9%+41.6%+31.3%+12.4%+25.8%+24.7%
EBITDA CAGR (3Y)+31.1%+47.3%+50.9%+39.2%+6.9%+20.5%+18.1%
Profitability & leverage
Net income margin+6.6%+6.4%+6.3%+6.4%+4.0%+3.2%+3.4%
Return on capital employed+18.2%+17.7%+19.3%+16.6%+10.8%+9.1%+9.2%
Return on net worth+18.3%+17.7%+17.8%+15.6%+9.1%+8.0%+8.4%
Debt / equity0.360.340.250.190.240.480.52
Long-term debt / equity0.170.170.110.070.100.280.33
Interest cover13.0315.0110.476.3215.6925.4637.14
Efficiency & per share
Fixed asset turnover2.282.342.752.932.542.282.70
Inventory turnover12.5311.8012.5913.0311.7811.8112.48
Debtors turnover7.757.317.807.236.446.446.25
EPS (₹)16.8313.8711.598.086.864.384.08
Dividend per share (₹)2.652.252.001.501.500.850.40
Book value per share (₹)100.2283.5973.0457.2793.0060.5950.16

Competitors of Harita Seating Systems

Harita Seating Systems has 2 listed competitors in our database. They include Mayur Uniquoters and Pinnacle Industries.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Mayur Uniquoters
mayuruniquoters.com1994Jaipur, India39
Manufacturer and supplier of artificial leather and PVC vinyl to tier 1 and OEMs
Pinnacle Industries
pinnacleindustries.com1996Pune, India1,137
Automobile seating and interiors systems are manufactured and designed.
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Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as Harita Seating Systems (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SEDEMAC
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Mahindra Last Mile Mobility
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles
1994Mumbai, Maharashtra, IndiaUSD 137.89 MUSD 24.41 B33,980
Greenfuel Energy Solutions
Lithium-ion batteries for electric vehicles are manufactured across categories.
2006Gurugram, Haryana, IndiaUSD 34.18 M177
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Related news about Harita Seating Systems

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Frequently Asked Questions about Harita Seating Systems

Harita Seating Systems was founded in 1988.

Harita Seating Systems is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Ag Giridharan is the CEO of Harita Seating Systems, as recorded in our data.

Harita Seating Systems has 34 employees.

The primary company behind Harita Seating Systems, Uno Minda Limited, reported revenue of ₹19,941 Cr for FY 2026, up 17% year on year.

Harita Seating Systems is a listed company which is a part of TVS group. The company manufactures different types of passenger seats for buses and driver seats for commercial vehicles. The company has five different locations for manufacturing plants and also has 1 Ramp;D center. Harita Fehrer Limited is a joint venture between Harita Seating Systems and F.S Fehrer Automotive GmbH, one of the market leaders in automotive foam business in Germany. Its clientele includes Tata, Ashok Leyland, Bharat Benz, Nissan, Mahindra and many more.

Harita Seating Systems's top competitors include Pinnacle Industries and Mayur Uniquoters.

Yes, Harita Seating Systems is publicly traded on NSE under the ticker symbol UNOMINDA.

Harita Seating Systems is associated with 2 legal entities: Uno Minda Limited, Harita Seating Systems Limited.

The legal entities of Harita Seating Systems currently have 19 directors, including Rajiv Batra, Sunil Bohra, Nirmal Kumar Minda and others.

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