MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0031920
Hardcarb Technologies Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹70.95 Cr
▲ 33% YoY
Net profit · FY 2025
₹5.68 Cr
Net margin 8%
EBITDA · FY 2025
₹9.58 Cr
EBITDA margin 13.5%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Open charges
₹37.17 Cr
Satisfied ₹6.72 Cr
Company age
27 yrs
Est. 1999
Directors on board
4
As per MCA filings
About Hardcarb Technologies Private Limited
Data last updated:
Hardcarb Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 03 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1999PTC122518. Its GSTIN is 27AAACV9024A1ZN (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It was formerly known as Vautid Shah Hardface Private Limited. It is led by directors including Rohit Mansukhlal Shah (Managing Director) and Rishi Rohit Shah.
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 R – 728 T. C. Industrial Area Rabale Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.95 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹5.68 Cr (net margin 8%) and EBITDA of ₹9.58 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 24% over five years.
The company is associated with 1 brand: Hardcarb. As per MCA filings, the company has open charges of ₹37.17 Cr and satisfied charges of ₹6.72 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.58 Cr; the latest was in September 2018. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 1,093 overdue payments to 38 micro and small suppliers.
Hardcarb Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0031920). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hardcarb.com.
Company details
CIN U28920MH1999PTC122518
Registration Number 122518
Incorporation Date 03 November 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0031920
Key People
Rohit Mansukhlal Shah Managing Director Rishi Rohit Shah Director Amit Rohit Shah Director Recognitions & Rankings of Hardcarb Technologies
Contact details
Hardcarb Technologies Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is hardcarb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressR – 728 T. C. Industrial Area Rabale Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400701
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Hardcarb Technologies Private Limited, buy the company report.
Comprehensive company report
Hardcarb Technologies 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
Hardcarb Technologies operates one associated brand: Hardcarb. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of engineered hardfacing solutions and wear protection for industrial machinery. | hardcarb.com |
Business activity
The main business activity of Hardcarb Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Hardcarb Technologies Private Limited, buy the company report.
Financials of Hardcarb Technologies Private Limited
FY 2025 filings availableHardcarb Technologies Private Limited reported revenue of ₹70.95 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹70.95 Cr ▲ 33%
Net profit · FY 2025
₹5.68 Cr margin 8%
EBITDA · FY 2025
₹9.58 Cr margin 13.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 35%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 83%
3 years · compounded
▲ 76%
5 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 33% growth in the latest year. EBITDA rose 83% 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 |
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| Total Expenses | |||||
| EBITDA | ₹9.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.68 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Hardcarb Technologies Private Limited, buy the company report.
Board of directors of Hardcarb Technologies Private Limited
Hardcarb Technologies has 4 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 |
|---|---|---|---|---|
| Rishi Rohit Shah | Director | 31 Jan 2019 | 7 Years 8 Months | Current |
| Amit Rohit Shah Also directs: Vinci Technologies Limited | Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Rohit Mansukhlal Shah Also directs: Vinci Technologies Limited | Managing Director | 03 Nov 1999 | 26 Years 11 Months | Current |
| Jimit Rohit Shah Also directs: Vinci Technologies Limited, Graylab Technologies Private Limited | Director | 14 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Hardcarb Technologies Private Limited is audited by Tanveer Bhagat & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Tanveer Bhagat & Co. | FY 2023 | 140696W |
Shareholding
The shareholding of Hardcarb Technologies 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 Hardcarb Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37.17 Cr
Satisfied charges
₹6.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2023 | 100817396 | Others | ₹34 Lakh | Open | |
| 15 Jan 2019 | 100242438 | Hdfc Bank Limited | ₹11.22 Lakh | Open | |
| 01 Jan 2019 | 100240912 | Hdfc Bank Limited | ₹10.86 Lakh | Open | |
| 13 Mar 2014 | 10484632 | Hdfc Bank Limited | ₹36.61 Cr | Open | |
| 30 May 2011 | 10288937 | Citibank N. A. | ₹4 Cr | Satisfied |
To see the full charge records of Hardcarb Technologies Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Hardcarb Technologies Private Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.58 Cr; the latest was in September 2018.
Total deals
7
Funding rounds
3
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹2.58 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vautid GMBH |
| Mar 2015 | Rights issue | ₹1.07 Cr | Investors: an individual |
| Dec 2013 | Funding round | ₹26.6 Lakh | Investors: 2 individuals |
| Dec 2013 | Funding round | ₹43.4 Lakh | Investors: Vautid GMBH |
| Sep 2010 | Funding round | ₹1.88 Cr | Investors: Vautid GMBH, an individual |
To see the full deal history of Hardcarb Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hardcarb Technologies Private Limited has 7 court cases on record: 2 filed by Hardcarb Technologies, 5 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 3 | 3 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Shree Ram Stainless Pvt Ltd and 2 others | Pending |
| Bombay High Court | Court case (CPCD) | Filed against the company by Vautid GMBH | Pending |
| District court, Bhavnagar, Gujarat | Commercial matter | Filed against the company by Northern Alloys Ltd | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Vautid GMBH | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Vautid GMBH | Disposed |
To see the full case history of Hardcarb Technologies 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.
MSME payment delays
Hardcarb Technologies Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 1,093 overdue payments to 38 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 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Premier Industrial Corporation Limited | |||
| an individual supplier | |||
| Swastik Lasers Private Limited | |||
| Saloni Steels | |||
| P&P Metalloys Private Limited |
To see the full MSME payment records of Hardcarb Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Hardcarb Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV9024A1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hardcarb Technologies Private Limited, buy the company report.
Recent activity
Hardcarb Technologies Private Limited has 16 board changes on record since 1999: 10 appointments and 6 cessations. The latest: Rishi Rohit Shah was appointed as Director on 31 Jan 2019.
AGM
Hardcarb Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hardcarb Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 36.61 Cr registered on 13 Mar 2014 with Charge ID 10484632 was modified on 15 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.34 Cr with Charge ID 100817396 was registered on 30 Sep 2023.
Appointed
Rishi Rohit Shah was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100242438 was registered on 15 Jan 2019.
Appointed
Jimit Rohit Shah was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100240912 was registered on 01 Jan 2019.
Ceased
Scheer Udo Richard ceased to be Director.
Appointed
Scheer Udo Richard was appointed as Director.
Ceased
Volkmar Krabb ceased to be Director.
Charges
A charge registered on 30 May 2011 via Charge ID 10288937 with Citibank N. A. was fully satisfied on 09 Jun 2014.
20 earlier events are in the company report.
Frequently asked questions
Hardcarb Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 03 November 1999 (27+ years old) and is registered under CIN U28920MH1999PTC122518.
Hardcarb Technologies has 4 current directors:
- Rohit Mansukhlal Shah - Managing Director
- Rishi Rohit Shah - Director
- Amit Rohit Shah - Director
- Jimit Rohit Shah - Director
The latest financial statements of Hardcarb Technologies 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 Hardcarb Technologies is 27AAACV9024A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hardcarb Technologies is U28920MH1999PTC122518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hardcarb Technologies has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Hardcarb Technologies was incorporated on 03 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Hardcarb Technologies has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.58 Cr; the latest was in September 2018.
Rishi Rohit Shah was appointed as Director on 31 Jan 2019. Jimit Rohit Shah was appointed as Director on 14 Jan 2019. Scheer Udo Richard ceased to be Director on 29 Sep 2018. Hardcarb Technologies has 16 board changes on record in total.
Yes, Hardcarb Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0031920).
Hardcarb Technologies has 13 MSME Form 1 returns on record between 2019 and 2023, listing 1,093 overdue payments to 38 micro and small suppliers. The latest return was filed on 21 Jan 2024.