- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0010978

About Hari Krushna Machinetech Private Limited
Data last updated:
Hari Krushna Machinetech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the packaging machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 31 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33110GJ2005PTC046156. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors Maulik Vishnuprasad Dave (Managing Director) and Nimesh Chandravadan Thakar.
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 Plot No 2101/B Phase 3 Near Water Tank GIDC Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.35 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net profit of ₹76.88 Lakh (net margin 32.7%) and EBITDA of ₹86.65 Lakh (EBITDA margin 36.8%). Revenue has declined at a compounded annual rate (CAGR) of 20% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹12.5 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 8 filed against it. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.44 Cr; the latest was in March 2011.
Hari Krushna Machinetech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0010978). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harikrushna.com.
Company details
Recognitions & Rankings of Hari Krushna Machinetech
Contact details
Hari Krushna Machinetech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is harikrushna.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 2101/B Phase 3 Near Water Tank GIDC Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Packaging Machinery & Equipment
To see the full contact details of Hari Krushna Machinetech 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
Financials of Hari Krushna Machinetech Private Limited
FY 2025 filings availableHari Krushna Machinetech Private Limited reported revenue of ₹2.35 Cr (down 78% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 78% fall in the latest year. EBITDA fell 73% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.35 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹86.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.8% | ||||
| Net Profit Margin | 32.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hari Krushna Machinetech Private Limited, buy the company report.
Board of directors of Hari Krushna Machinetech Private Limited
Hari Krushna Machinetech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maulik Vishnuprasad Dave Also directs: Dave's Noni & Juice Private Limited | Managing Director | 31 May 2005 | 21 Years 5 Months | Current |
| Nimesh Chandravadan Thakar Also directs: Dave's Noni & Juice Private Limited | Director | 07 May 2007 | 19 Years 6 Months | Current |
Auditor
Hari Krushna Machinetech Private Limited is audited by SUNIL PODDAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL PODDAR & CO | FY 2022 | 110603W |
Shareholding
The shareholding of Hari Krushna Machinetech Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hari Krushna Machinetech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2021 | 100446902 | Others | ₹4 Cr | Open | |
| 21 Mar 2012 | 10347962 | Axis Bank Limited | ₹1.75 Cr | Satisfied | |
| 31 Dec 2010 | 10261566 | Axis Bank Limited | ₹1.1 Cr | Satisfied | |
| 30 Mar 2009 | 10149597 | Axis Bank Limited | ₹8.5 Cr | Satisfied | |
| 05 Oct 2006 | 10023484 | Bank of India | ₹1.15 Cr | Satisfied |
To see the full charge records of Hari Krushna Machinetech Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Hari Krushna Machinetech Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.44 Cr; the latest was in March 2011.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Funding round | ₹45 Lakh | Investors: 2 individuals |
| Mar 2009 | Funding round | ₹50 Lakh | Investors: an individual |
| Mar 2006 | Funding round | ₹49 Lakh | Investors: 2 individuals |
To see the full deal history of Hari Krushna Machinetech 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
Hari Krushna Machinetech Private Limited has 9 court cases on record: 2 filed by Hari Krushna Machinetech, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Axis Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Nimesh Chandravan Thakar Managing Director - Hari Krushna Machinetech Pvt. Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed against the company by Ms. Religare Finvest Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against 1- Hari Krushna Machinetech Pvt. Ltd. 2- Maulik Vishnu Prasad Dave and 2 Others and 3 others | Disposed |
| District court, Kheda at Nadiad, Gujarat | Court case (SPCS) | Filed by the company against M/S. Base Corporation Ltd. | Disposed |
To see the full case history of Hari Krushna Machinetech 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
No delayed payments to MSME suppliers are on our record for Hari Krushna Machinetech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hari Krushna Machinetech Private Limited has a workforce of 17 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Hari Krushna Machinetech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hari Krushna Machinetech Private Limited, buy the company report.
Recent activity
Hari Krushna Machinetech Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Pranav Vishnuprasad Dave ceased to be Director on 10 May 2021.
5 earlier events are in the company report.
Frequently asked questions
Hari Krushna Machinetech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in packaging machinery and equipment, within the machinery and equipment industry. It was incorporated on 31 May 2005 (21+ years old) and is registered under CIN U33110GJ2005PTC046156.
Hari Krushna Machinetech has 2 current directors:
- Maulik Vishnuprasad Dave - Managing Director
- Nimesh Chandravadan Thakar - Director
The latest financial statements of Hari Krushna Machinetech 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.
No. Hari Krushna Machinetech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hari Krushna Machinetech is U33110GJ2005PTC046156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hari Krushna Machinetech has 9 court cases on record: 2 filed by the company and 8 filed against it.
Hari Krushna Machinetech was incorporated on 31 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hari Krushna Machinetech has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.44 Cr; the latest was in March 2011.
Pranav Vishnuprasad Dave ceased to be Director on 10 May 2021. Nimesh Chandravadan Thakar was appointed as Director on 07 May 2007. Maulik Vishnuprasad Dave was appointed as Managing Director on 31 May 2005.
Yes, Hari Krushna Machinetech is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0010978).

