
Harish Cement Limited
About Harish Cement Limited
Data last updated:
Harish Cement Limited is a public limited company based in Sundernagar, Himachal Pradesh, India, a subsidiary of Ultratech Cement Limited. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 18 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U26941HP1996PLC019173. Its GSTIN is 02AAACH9358M2ZA (Himachal Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹24.9 Lakh. It is led by directors including Mukesh B Agarwal and Ajit Raj Ostwal.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor Jagjit Complex Near Naresh Chowk, Sundernagar, Himachal Pradesh, India – 175019.
Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in September 2006.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Harish Cement has one previous CIN (Corporate Identification Number): L26941HP1996PLC019173. The current CIN is U26941HP1996PLC019173, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26941HP1996PLC019173 | Current |
| L26941HP1996PLC019173 | Previous |
Contact details
Harish Cement Limited's registered office is in Sundernagar, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor Jagjit Complex Near Naresh Chowk, Sundernagar, Himachal Pradesh, India – 175019
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Harish Cement 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
Business activity
The main business activity of Harish Cement is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
Financials of Harish Cement Limited
FY 2025 filings availableHarish Cement Limited reported revenue of ₹6,000 (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. 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 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Harish Cement Limited, buy the company report.
Board of directors of Harish Cement Limited
Harish Cement has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh B Agarwal Also directs: Letein Valley Cement Limited, Industrial Chemicals and Monomers Limited, Icl International Limited and 5 more | Director | 12 Mar 2015 | 11 Years 7 Months | Current |
| Ajit Raj Ostwal Also directs: Federation of India Mineral Industries | Director | 01 Sep 2023 | 3 Years 1 Months | Current |
| Niraj Maheshwari Also directs: Letein Valley Cement Limited, Industrial Chemicals and Monomers Limited, Icl International Limited and 5 more | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Harish Cement Limited is audited by G.P.Kapadia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P.Kapadia & Co. | FY 2023 | 104768W |
Shareholding
The shareholding of Harish Cement 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 Harish Cement Limited, buy the company report.
Deals & funding
Harish Cement Limited has 1 deal on record (1 acquisition); the latest was in September 2006.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2006 | Acquisition | ₹1.01 Cr | Buyer: Grasim Industries Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Harish Cement Limited has 6 court cases on record: 5 filed by Harish Cement, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hamirpur, Himachal Pradesh | Civil miscellaneous application | Filed by the company against an individual | Pending |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against Income Tax Officer Ward Mandi and Others(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against Income Tax Officer Ward Mandi and Others(Not Applicable) | Disposed |
| High Court | Court case (CVT) | Filed against the company by P.K.T.C Ltd(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against Deputy Commissioner Distt Mandi(Not Applicable) | Disposed |
To see the full case history of Harish Cement 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 Harish Cement Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harish Cement has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACH9358M2ZA | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harish Cement Limited, buy the company report.
Recent activity
Harish Cement Limited has 9 board changes on record since 2006: 4 appointments and 5 cessations. The latest: Niraj Maheshwari was appointed as Director on 01 Aug 2025.
Frequently asked questions
Harish Cement is an active public limited company based in Sundernagar, Himachal Pradesh, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 18 December 1996 (30+ years old) and is registered under CIN U26941HP1996PLC019173.
Harish Cement has 3 current directors:
- Mukesh B Agarwal - Director
- Ajit Raj Ostwal - Director
- Niraj Maheshwari - Director
The latest financial statements of Harish Cement on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harish Cement is 02AAACH9358M2ZA, registered in Himachal Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Harish Cement is U26941HP1996PLC019173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harish Cement has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Harish Cement was incorporated on 18 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Harish Cement has 1 deal on record (1 acquisition); the latest was in September 2006.
Niraj Maheshwari was appointed as Director on 01 Aug 2025. Ajit Raj Ostwal ceased to be Additional Director on 11 Aug 2024. Ajit Raj Ostwal was appointed as Director on 01 Sep 2023. Harish Cement has 9 board changes on record in total.
The registered office of Harish Cement is at Ground Floor Jagjit Complex Near Naresh Chowk, Sundernagar, Himachal Pradesh, India – 175019.