MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-11-0023869
Harika Chemicals Private Limited
Harika Chemicals Private Limited - chemicals and materials in Srikakulam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹13.47 Cr
▼ 3% YoY
Net loss · FY 2023
₹36.62 Lakh
Net margin -2.7%
EBITDA · FY 2023
-₹2.91 Lakh
EBITDA margin -0.2%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.74 Cr
Issued & subscribed
Satisfied charges
₹6 Cr
No open charges
Company age
12 yrs
Est. 2014
Employees · EPFO
12
Provident fund records
About Harika Chemicals Private Limited
Data last updated:
Harika Chemicals Private Limited is a private limited company based in Srikakulam, Andhra Pradesh, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 18 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24297AP2014PTC093578. Its GSTIN is 21AADCH3848R1Z7 (Odisha).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.74 Cr. It is led by directors including Rajendra Kumar Karnani (Managing Director) and Kamal Kumar Karnani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No.13 Ground Floor Lbs Colony Near Park, Srikakulam, Andhra Pradesh, India – 532001.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.47 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹36.62 Lakh (net margin -2.7%) and EBITDA of -₹2.91 Lakh (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6 Cr on record.
Harika Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-11-0023869). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U24297AP2014PTC093578
Registration Number 093578
Incorporation Date 18 March 2014
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-11-0023869
Key People
Rajendra Kumar Karnani Managing Director Kamal Kumar Karnani Director Surya Chandra Rao Jami Director Recognitions & Rankings of Harika Chemicals
Contact details
Harika Chemicals Private Limited's registered office is in Srikakulam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.13 Ground Floor Lbs Colony Near Park, Srikakulam, Andhra Pradesh, India – 532001
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Harika Chemicals Private Limited, buy the company report.
Comprehensive company report
Harika Chemicals 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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Secure checkout · GST invoice included
Business activity
The main business activity of Harika Chemicals is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Harika Chemicals Private Limited, buy the company report.
Financials of Harika Chemicals Private Limited
FY 2023 filings availableHarika Chemicals Private Limited reported revenue of ₹13.47 Cr (down 3% YoY) for FY 2023.
Revenue · FY 2023
₹13.47 Cr ▼ 3%
Net loss · FY 2023
₹36.62 Lakh margin -2.7%
EBITDA · FY 2023
-₹2.91 Lakh margin -0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 104%
5 years · compounded
▼ 16%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 104% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | -₹2.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹36.62 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Harika Chemicals Private Limited, buy the company report.
Board of directors of Harika Chemicals Private Limited
Harika Chemicals has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kumar Karnani Also directs: Harika Petro Chem Private Limited | Director | 18 Mar 2014 | 12 Years 7 Months | Current |
| Rajendra Kumar Karnani Also directs: Harika Petro Chem Private Limited | Managing Director | 15 Jul 2014 | 12 Years 3 Months | Current |
| Surya Chandra Rao Jami | Director | 18 Mar 2014 | 12 Years 7 Months | Current |
| Srinivasa Rao Sanapala | Director | 18 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Harika Chemicals Private Limited is audited by SOMAYAJULU & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOMAYAJULU & ASSOCIATES | FY 2019 | 010629S |
Shareholding
The shareholding of Harika Chemicals Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Harika Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2017 | 100152954 | Vijaya Bank | ₹4 Cr | Satisfied | |
| 06 May 2017 | 100121116 | Vijaya Bank | ₹2 Cr | Satisfied |
To see the full charge records of Harika Chemicals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Harika Chemicals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Harika Chemicals Private Limited was last rated by Crisil on 24 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Feb 2020 |
To see the full credit ratings and regulatory alerts of Harika Chemicals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Harika Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harika Chemicals Private Limited has a workforce of 12 employees on its EPFO records as of Feb 2023, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
50%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 12 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Harika Chemicals Private Limited, buy the company report.
GST
Harika Chemicals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCH3848R1Z7 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harika Chemicals Private Limited, buy the company report.
Recent activity
Harika Chemicals Private Limited has 5 board changes on record since 2014: 4 appointments and 1 cessation. The latest: Durga Srinivas Kanugula ceased to be Director on 02 Jan 2024.
Ceased
Durga Srinivas Kanugula ceased to be Director.
AGM
Harika Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Harika Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
Charges
A charge registered on 16 Sep 2017 via Charge ID 100152954 with Vijaya Bank was fully satisfied on 27 Jan 2023.
Charges
A charge registered on 06 May 2017 via Charge ID 100121116 with Vijaya Bank was fully satisfied on 25 Jan 2023.
Charges
A charge with Vijaya Bank amounted to Rs. 4.00 Cr with Charge ID 100152954 was registered on 16 Sep 2017.
Charges
A charge with Vijaya Bank amounted to Rs. 2.00 Cr with Charge ID 100121116 was registered on 06 May 2017.
Appointed
Rajendra Kumar Karnani was appointed as Managing Director.
Appointed
Kamal Kumar Karnani was appointed as Director.
Appointed
Srinivasa Rao Sanapala was appointed as Director.
Appointed
Surya Chandra Rao Jami was appointed as Director.
Incorporation
18 Mar 2014
Harika Chemicals Private Limited was registered on 18 Mar 2014 with Roc Vijayawada & aged 12 years 7 months as per MCA records.
Frequently asked questions
Harika Chemicals is an active private limited company based in Srikakulam, Andhra Pradesh, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 18 March 2014 (12+ years old) and is registered under CIN U24297AP2014PTC093578.
Harika Chemicals has 4 current directors:
- Rajendra Kumar Karnani - Managing Director
- Kamal Kumar Karnani - Director
- Surya Chandra Rao Jami - Director
- Srinivasa Rao Sanapala - Director
The latest financial statements of Harika Chemicals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Harika Chemicals is 21AADCH3848R1Z7, registered in Odisha.
The CIN (Corporate Identification Number) of Harika Chemicals is U24297AP2014PTC093578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harika Chemicals was incorporated on 18 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Durga Srinivas Kanugula ceased to be Director on 02 Jan 2024. Rajendra Kumar Karnani was appointed as Managing Director on 15 Jul 2014. Kamal Kumar Karnani was appointed as Director on 18 Mar 2014. Harika Chemicals has 5 board changes on record in total.
Yes, Harika Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-OD-11-0023869).
The registered office of Harika Chemicals is at Plot No.13 Ground Floor Lbs Colony Near Park, Srikakulam, Andhra Pradesh, India – 532001.
Harika Chemicals operates in the chemicals and materials industry, in the specialty chemicals segment.
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