Fortune MNC 500 India 2026 edition
Rank#332- Total income
- ₹1,342 Cr
- Profit
- ₹52 Cr
Last year #330
Hafele India Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1,267.17 Cr
Latest filing
Net profit · FY 2024
₹51.66 Cr
Net margin 4.1%
EBITDA · FY 2024
₹104.9 Cr
EBITDA margin 8.3%
Authorised capital
₹42.2 Cr
Registered with MCA
Paid-up capital
₹42.11 Cr
Issued & subscribed
Satisfied charges
₹24.57 Cr
No open charges
Company age
23 yrs
Est. 2003
Employees · EPFO
1,013
Provident fund records
About Hafele India Private Limited
Data last updated:
Hafele India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hafale Holding Gmbh. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 05 May 2003 and has been in existence for over 23 years.
Hafele India is ranked #332 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51393MH2003PTC140300. Its GSTIN is 27AABCH2726A1Z5 (Maharashtra). The company holds 11 GST registrations, all of them active.
The company has an authorised share capital of ₹42.2 Cr and a paid-up capital of ₹42.11 Cr. It is led by directors including Frank Emanuel Schloeder (Managing Director) and Gregor Riekena.
Its last annual general meeting (AGM) was held on 20 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,267.17 Cr. For the same year it recorded a net profit of ₹51.66 Cr (net margin 4.1%) and EBITDA of ₹104.9 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 1,013 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Nagold Appliances and Hafele India. As per MCA filings, the company has satisfied charges of ₹24.57 Cr on record. Court records list 75 cases involving the company, including 61 filed by the company and 14 filed against it; 26 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹31.67 Cr; the latest was in August 2009. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 2,267 overdue payments to 323 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hafeleindia.com.
Company details
CIN U51393MH2003PTC140300
Registration Number 140300
Incorporation Date 05 May 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Hafale Holding Gmbh
Compliance Status Active Compliant
Key People
Frank Emanuel Schloeder Managing Director Gregor Riekena Director Ashish Kumar Sinha Director Recognitions & Rankings of Hafele India
Contact details
Hafele India Private Limited's registered office is in Mumbai, Maharashtra. Its website is hafeleindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOff.No. 3 Bldg. 'A' Beta I – Think Techno Campus Off Jvlr Opp. Kanurmarg Stn. Kanjurmar, G – E, Mumbai, Maharashtra, India – 400042
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Hafele India Private Limited, buy the company report.
Comprehensive company report
Hafele India Private Limited - one report that includes everything
- 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
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Brands
Hafele India operates two associated brands: Nagold Appliances and Hafele India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An AI-powered platform for managing learning and development processes. | nagoldappliances.com | |
| Hardware manufacturing, furniture fittings, and electronic systems provision in global markets. | hafeleindia.com |
Financials of Hafele India Private Limited
FY 2024 filings availableHafele India Private Limited reported revenue of ₹1,267.17 Cr for FY 2024.
Revenue · FY 2024
₹1,267.17 Cr
Net profit · FY 2024
₹51.66 Cr margin 4.1%
EBITDA · FY 2024
₹104.9 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 7%
5 years · compounded
▲ 8%
EBITDA CAGR growth
3 years · compounded
▼ 8%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years. 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 | ₹1,267.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹104.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.66 Cr | ||||
| 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 | 8.3% | ||||
| Net Profit Margin | 4.1% | ||||
| 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 Hafele India Private Limited, buy the company report.
Board of directors of Hafele India Private Limited
Hafele India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Frank Emanuel Schloeder Also directs: Isler Infra India Private Limited, Isler Infra India Private Limited, Hafele Manufacturing India Private Limited and 1 more | Managing Director | 05 Dec 2022 | 3 Years 10 Months | Current |
| Gregor Riekena Also directs: Hafele Manufacturing India Private Limited | Director | 29 Feb 2024 | 2 Years 7 Months | Current |
| Ashish Kumar Sinha | Director | 29 Feb 2024 | 2 Years 7 Months | Current |
Auditor
Hafele India Private Limited is audited by M S K A & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2024 | 105047W |
Shareholding
The shareholding of Hafele India 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 Hafele India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹24.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2019 | 100239784 | Others | ₹88.15 Lakh | Satisfied | |
| 23 Nov 2016 | 100066995 | Others | ₹10 Cr | Satisfied | |
| 06 Sep 2016 | 100061857 | Others | ₹10 Cr | Satisfied | |
| 03 Dec 2012 | 10397993 | The Ratnakar Bank Limited | ₹3.69 Cr | Satisfied |
To see the full charge records of Hafele India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Hafele India Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹31.67 Cr; the latest was in August 2009.
Total deals
2
Funding rounds
2
Disclosed funding
₹31.67 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2009 | Funding round | ₹26.01 Cr | Investors: Hafele Holding GmbH |
| Nov 2007 | Funding round | ₹5.66 Cr | Investors: Hafele Holding GmbH |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hafele India Private Limited has 75 court cases on record: 61 filed by Hafele India, 14 filed against it. 26 cases are pending and 49 are disposed.
Total cases
75
Filed by the company
61
Filed against the company
14
Pending
26
Disposed
49
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 57 | 8 | 19 |
| High courts | 17 | 5 | 7 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Prominence Agencies Private Limited and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Artelex Interio and Projects Pvt Ltd and Ors | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Dreamz Achievers India Private Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (APL) | Filed against the company by Aegis Infrasolutions Pvt Ltd. and Ors Sushil Nimbalkar and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Space Hardware and Designs Pvt. Ltd. and 2 others | Pending |
To see the full case history of Hafele India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Hafele India Private Limited was last rated by Icra on 14 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Dec 2021 |
To see the full credit ratings and regulatory alerts of Hafele India Private Limited, buy the company report.
MSME payment delays
Hafele India Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 2,267 overdue payments to 323 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 323)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Primarc Pecan Retail Limited | |||
| Ekmatra Technology Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Vincular Testing Labs India Private Limited |
To see the full MSME payment records of Hafele India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hafele India Private Limited has a workforce of 1,013 employees on its EPFO records as of Dec 16, 2025, across 1 active EPFO establishment.
Employee count
1,013
Active EPFO establishments
1
Employee growth
3.05%
GST
Hafele India has 11 GST registrations: 11 active. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH2726A1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 27AABCH2726A2Z4 | Maharashtra | Active | 01 Apr 2019 |
| 27AABCH2726A3Z3 | Maharashtra | Active | 01 Jun 2023 |
| 06AABCH2726A1Z9 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hafele India Private Limited, buy the company report.
Recent activity
Hafele India Private Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Ashish Kumar Sinha ceased to be Additional Director on 17 Jun 2024.
AGM
Hafele India Private Limited last Annual general meeting of members was held on 20 Jun 2025 as per latest MCA records.
Filing
Hafele India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Mumbai.
Ceased
Ashish Kumar Sinha ceased to be Additional Director.
Ceased
Gregor Riekena ceased to be Additional Director.
Appointed
Ashish Kumar Sinha was appointed as Director.
Appointed
Gregor Riekena was appointed as Director.
Charges
A charge registered on 31 Jan 2019 via Charge ID 100239784 with Others was fully satisfied on 26 Oct 2023.
Ceased
Frank Emanuel Schloeder ceased to be Additional Director.
Appointed
Frank Emanuel Schloeder was appointed as Managing Director.
Charges
A charge registered on 23 Nov 2016 via Charge ID 100066995 with Others was fully satisfied on 02 Dec 2020.
Charges
A charge registered on 06 Sep 2016 via Charge ID 100061857 with Others was fully satisfied on 02 Nov 2020.
Charges
A charge with Others amounted to Rs. 0.88 Cr with Charge ID 100239784 was registered on 31 Jan 2019.
8 earlier events are in the company report.
News
Frequently asked questions
Hafele India is an active private limited company based in Mumbai, Maharashtra, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 05 May 2003 (23+ years old) and is registered under CIN U51393MH2003PTC140300.
Hafele India has 3 current directors:
- Frank Emanuel Schloeder - Managing Director
- Gregor Riekena - Director
- Ashish Kumar Sinha - Director
The latest financial statements of Hafele India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 20 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hafele India is 27AABCH2726A1Z5, registered in Maharashtra. The company has 11 GST registrations in all, of which 11 are active. Other active GSTINs include 27AABCH2726A2Z4 (Maharashtra), 27AABCH2726A3Z3 (Maharashtra), 06AABCH2726A1Z9 (Haryana).
The CIN (Corporate Identification Number) of Hafele India is U51393MH2003PTC140300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hafele India has 75 court cases on record: 61 filed by the company and 14 filed against it. 26 are pending. Most are in the district courts.
Hafele India was incorporated on 05 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Hafele India has 2 deals on record (2 funding rounds), with disclosed funding of ₹31.67 Cr; the latest was in August 2009.
Ashish Kumar Sinha ceased to be Additional Director on 17 Jun 2024. Gregor Riekena ceased to be Additional Director on 17 Jun 2024. Ashish Kumar Sinha was appointed as Director on 29 Feb 2024. Hafele India has 9 board changes on record in total.
Hafele India has 16 MSME Form 1 returns on record between 2019 and 2024, listing 2,267 overdue payments to 323 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Hafele India can be reached through the website hafeleindia.com. Its registered office is in Mumbai, Maharashtra, India.