- Valuation
- ₹14,480 Cr

About Hari Krishna Exports Private Limited
Data last updated:
Hari Krishna Exports Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 16 February 2012 and has been in existence for over 14 years.
Its director Savji Dholakia is #1,320 on the Hurun India Rich List 2026. Its director Ghanshyambhai Dholakia is #1,427 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2012PTC227014. Its GSTIN is 27AACCH8430N1Z8 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹13.09 Cr. It is led by directors including Ghanshyambhai Dhanjibhai Dholakia (Managing Director) and Hasmukhbhai Thakarshibhai Dholakiya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7,740.85 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹238.5 Cr (net margin 3.1%) and EBITDA of ₹512.74 Cr (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Hari Krishna. As per MCA filings, the company has open charges of ₹4,263.33 Cr and satisfied charges of ₹1,380.05 Cr on record. Court records list 27 cases involving the company, including 4 filed by the company and 12 filed against it; 2 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹342.77 Cr; the latest was in November 2020. Its 10 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Aries Refinery Private Limited with revenue of ₹9,141.36 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 34 overdue payments to 16 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 hk.co.
Recognitions & Rankings of Hari Krishna Exports
- #1,320 Savji Dholakia ₹1,700 Cr
- #1,427 Ghanshyambhai Dholakia ₹1,500 Cr
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressUnitno.1701 Thecapital 17 Thfloor Bwing Plotno.C – 70 Bandrakurlacomplex Band, Ra East, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
- One PDF report, delivered after checkout
Associated Brands with Hari Krishna Exports Private Limited
Hari Krishna Exports operates one associated brand: Hari Krishna. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures, exports, and retails diamonds and jewelry globally. | hk.co |
Business Activity of Hari Krishna Exports Private Limited
The main business activity of Hari Krishna Exports is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hari Krishna Exports Private Limited FY 2024 filings available
Hari Krishna Exports Private Limited reported revenue of ₹7,740.85 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hari Krishna Exports Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 2% fall in the latest year. EBITDA fell 19% 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 of Hari Krishna Exports Private Limited
| 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 | ₹512.74 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹238.5 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 of Hari Krishna Exports Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hari Krishna Exports are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Hari Krishna Exports Private Limited
Hari Krishna Exports has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasmukhbhai Thakarshibhai Dholakiya | Whole-Time Director | 16 Feb 2012 | 14 Years 8 Months | Current |
| Ghanshyambhai Dhanjibhai Dholakia | Managing Director | 16 Feb 2012 | 14 Years 8 Months | Current |
| Savji Dhanji Dholakia Also directs: H. K. Jewels Private Limited, Dholakia Foundation, Samast Patidar Aarogya Foundation and 1 more | Whole-Time Director | 16 Feb 2012 | 14 Years 8 Months | Current |
| Rajagopalan Balakrishanan Kuravai | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
| Tulsi Dhanji Dholakia | Whole-Time Director | 16 Feb 2012 | 14 Years 8 Months | Current |
Peer Comparison of Hari Krishna Exports Private Limited
Hari Krishna Exports Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aries Refinery Private Limited | ₹9,141.36 Cr (FY 2025) | •••• | •••• | 206.0% | •••• | New Delhi, Delhi, India |
| Equidem Enterprise Private Limited | ₹8,490.81 Cr (FY 2025) | •••• | •••• | 394.0% | •••• | Ahmedabad, Gujarat, India |
| Ausil Corporation Private Limited | ₹8,247.97 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Ahmedabad, Gujarat, India |
| Shree Ramkrishna Exports Private Limited | ₹8,238.7 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Emerald Jewel Industry India Limited | ₹8,181.56 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Coimbatore, Tamil Nadu, India |
| Hari Krishna Exports Private Limited this company | ₹7,740.85 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Ideal Fiscal Services Ltd | ₹7,568.74 Cr (FY 2025) | •••• | •••• | 400.0% | •••• | Jaipur, Rajasthan, India |
| Mohanlal Jewellers Private Limited | ₹7,038.53 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| Opus Refinery Private Limited | ₹6,950.3 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Shiv Sahai & Sons (India) Private Limited | ₹6,543.48 Cr (FY 2025) | •••• | •••• | 343.0% | •••• | Chennai, Tamil Nadu, India |
| Nakshatra World Limited | ₹6,135.84 Cr (FY 2016) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hari Krishna Exports by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hari Krishna Exports Private Limited
Hari Krishna Exports Private Limited is audited by SCA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SCA & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Hari Krishna Exports Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hari Krishna Exports Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Apr 2023 | Others | ₹21 Cr | Open |
| 23 Mar 2022 | State Bank of India | ₹100 Cr | Open |
| 24 May 2021 | State Bank of India | ₹34.79 Cr | Open |
| 28 Apr 2021 | Bank of India | ₹21 Cr | Open |
| 04 Jan 2021 | Others | ₹13.5 Cr | Open |
Total charge records: 53 View all charges
Deals & Funding of Hari Krishna Exports Private Limited
Hari Krishna Exports Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹342.77 Cr; the latest was in November 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Apr 2019 | Secondary share transfer | Undisclosed | Seller: an individual |
| Jul 2014 | Funding round | ₹48.26 Cr | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹10 Cr | Investors: 4 individuals |
| Apr 2012 | Funding round | ₹105.42 Cr | Investors: 4 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Hari Krishna Exports Private Limited
Hari Krishna Exports Private Limited has 27 court cases on record: 4 filed by Hari Krishna Exports, 12 filed against it, 11 where it is another party. 2 cases are pending and 25 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 3 | 2 |
| District courts | 12 | 9 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (SPCS) | Filed against the company by Bharat Sanchar Nigam Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 5 Mumbai | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 5 | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Hari Krishna Exports Private Limited
Hari Krishna Exports Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 34 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Ambica Auto Sales & Service | •••• | •••• | •••• |
| Jasraj Kalianji & Co | •••• | •••• | •••• |
| B K Freight Forwarders Private Limited | •••• | •••• | •••• |
| Af Ferrari Secure Logitech Private Limited | •••• | •••• | •••• |
| Unity Jewels | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Hari Krishna Exports Private Limited
Hari Krishna Exports Private Limited has a workforce of 4 employees as of Mar 17, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Hari Krishna Exports Private Limited
Hari Krishna Exports has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| H. K. Jewels Private Limited | U36911MH2009PTC193278 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Hari Krishna Exports Private Limited
Hari Krishna Exports Private Limited has 14 board changes on record since 2012: 5 appointments and 9 cessations. The latest: Venkatraman Ranganathan Iyengar ceased to be Cfo(Kmp) on 15 Jun 2017.
107 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hari Krishna Exports Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hari Krishna Exports Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hari Krishna Exports Private Limited
Hari Krishna Exports has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH8430N1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 24AACCH8430N1ZE | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hari Krishna Exports Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Hari Krishna Exports Private Limited
Frequently Asked Questions about Hari Krishna Exports Private Limited
Hari Krishna Exports is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 16 February 2012 (14+ years old) and is registered under CIN U36912MH2012PTC227014.
Hari Krishna Exports reported revenue of ₹7,740.85 Cr for FY 2025 (down 2% YoY).
Hari Krishna Exports has 5 current directors:
- Ghanshyambhai Dhanjibhai Dholakia - Managing Director
- Hasmukhbhai Thakarshibhai Dholakiya - Whole-Time Director
- Savji Dhanji Dholakia - Whole-Time Director
- Tulsi Dhanji Dholakia - Whole-Time Director
- Rajagopalan Balakrishanan Kuravai - Director
Hari Krishna Exports reported a net profit of ₹238.5 Cr (net margin 3.1%) and EBITDA of ₹512.74 Cr (EBITDA margin 6.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hari Krishna Exports is -13% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hari Krishna Exports is 27AACCH8430N1Z8, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCH8430N1ZE (Gujarat).
The CIN (Corporate Identification Number) of Hari Krishna Exports is U36912MH2012PTC227014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hari Krishna Exports has 27 court cases on record: 4 filed by the company and 12 filed against it. 2 are pending. Most are in the high courts.
Hari Krishna Exports was incorporated on 16 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Hari Krishna Exports has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹342.77 Cr; the latest was in November 2020.
The peers of Hari Krishna Exports by revenue are Aries Refinery Private Limited, Equidem Enterprise Private Limited, Ausil Corporation Private Limited, Shree Ramkrishna Exports Private Limited, Emerald Jewel Industry India Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Venkatraman Ranganathan Iyengar ceased to be Cfo(Kmp) on 15 Jun 2017. Himatlal Dhanji Dholakia ceased to be Director on 30 Mar 2013. Rajagopalan Balakrishanan Kuravai ceased to be Additional Director on 28 Dec 2012. Hari Krishna Exports has 14 board changes on record in total.