About Harish Enterprise Private Limited
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Harish Enterprise Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 15 October 1970 and has been in existence for over 56 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1970PTC014840. Its GSTIN is 27AAACH7283H1ZE (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹20.1 Lakh. It is led by directors including Nikhil Himatlal Gandhi (Managing Director) and Pradeepkumar Pandey (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 19 Parsi Panchayat Road Andheri (E), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.21 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹17.25 Lakh (net margin -5.4%) and EBITDA of ₹10.27 Lakh (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 36% over five years.
As per MCA filings, the company has satisfied charges of ₹13.86 Cr on record. Court records list 84 cases involving the company, including 16 filed by the company and 68 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harishtextile.com.
Company details
Contact details
Harish Enterprise Private Limited's registered office is in Mumbai, Maharashtra. Its website is harishtextile.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address19 Parsi Panchayat Road Andheri (E), Mumbai, Maharashtra, India – 400069
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Harish Enterprise 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
Business activity
The main business activity of Harish Enterprise is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Harish Enterprise Private Limited, buy the company report.
Financials of Harish Enterprise Private Limited
FY 2019 filings availableHarish Enterprise Private Limited reported revenue of ₹3.21 Cr (up 32% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA rose 230% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | -5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Enterprise Private Limited, buy the company report.
Board of directors of Harish Enterprise Private Limited
Harish Enterprise 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 |
|---|---|---|---|---|
| Pradeepkumar Pandey | Whole-Time Director | 14 Oct 2004 | 22 Years 0 Months | Current |
| Nikhil Himatlal Gandhi | Managing Director | 05 Oct 1992 | 34 Years 0 Months | Current |
| Sandeep Kirtikumar Gandhi | Director | 01 Sep 1999 | 27 Years 2 Months | Current |
| Hitendra Desai Chimanlal Also directs: Harish Fibres Private Limited, Pacific-Harish Industries Limited | Director | 21 Mar 2011 | 15 Years 7 Months | Current |
| Sunil Bhirud Narayan Also directs: Harish Textile Engineers Limited | Additional Director | 16 May 2014 | 12 Years 5 Months | Current |
Auditor
Harish Enterprise Private Limited is audited by M D DESAI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M D DESAI & CO | FY 2019 | 111870W |
Shareholding
The shareholding of Harish Enterprise Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harish Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2016 | 100020579 | Bank of India | ₹1.75 Cr | Satisfied | |
| 29 Jun 2009 | 10166656 | Bank of India | ₹8.9 Lakh | Satisfied | |
| 26 Feb 2003 | 80053988 | Technology Information Forecasting and Assessment Council | ₹1.03 Cr | Satisfied | |
| 13 Apr 2000 | 90231058 | State Bank of India | ₹11 Cr | Satisfied |
To see the full charge records of Harish Enterprise Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Harish Enterprise Private Limited has 84 court cases on record: 16 filed by Harish Enterprise, 68 filed against it. 6 cases are pending and 78 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 65 | 56 | 3 |
| District courts | 18 | 11 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 84)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Appeal | Filed against the company | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by M/S. Vijay Fastner A Name Firm Owner- Vijaykumar Vishnubhai Patel | Pending |
| District court, Valsad, Gujarat | Court case (SPCS) | Filed against the company by an individual | Pending |
| District court, Valsad, Gujarat | Court case (SPCS) | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Secretary(Disputes) Revenue Department and 4 others | Pending |
To see the full case history of Harish Enterprise 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 Harish Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harish Enterprise Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
Harish Enterprise has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH7283H1ZE | Maharashtra | Active | 01 Jul 2017 |
| 24AAACH7283H1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harish Enterprise Private Limited, buy the company report.
Recent activity
Harish Enterprise Private Limited has 14 board changes on record since 1992: 5 appointments and 9 cessations. The latest: Sunil Bhirud Narayan ceased to be Additional Director on 30 Oct 2022.
14 earlier events are in the company report.
Frequently asked questions
Harish Enterprise is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 15 October 1970 (56+ years old) and is registered under CIN U99999MH1970PTC014840.
Harish Enterprise has 5 current directors:
- Nikhil Himatlal Gandhi - Managing Director
- Pradeepkumar Pandey - Whole-Time Director
- Sandeep Kirtikumar Gandhi - Director
- Hitendra Desai Chimanlal - Director
- Sunil Bhirud Narayan - Additional Director
The latest financial statements of Harish Enterprise on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Harish Enterprise is 27AAACH7283H1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACH7283H1ZK (Gujarat).
The CIN (Corporate Identification Number) of Harish Enterprise is U99999MH1970PTC014840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harish Enterprise has 84 court cases on record: 16 filed by the company and 68 filed against it. 6 are pending. Most are in the high courts.
Harish Enterprise was incorporated on 15 October 1970, making it 56+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunil Bhirud Narayan ceased to be Additional Director on 30 Oct 2022. Hitendra Desai Chimanlal ceased to be Director on 18 Oct 2022. Sandeep Kirtikumar Gandhi ceased to be Director on 14 Oct 2022. Harish Enterprise has 14 board changes on record in total.
Harish Enterprise can be reached through the website harishtextile.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Harish Enterprise is at 19 Parsi Panchayat Road Andheri E, Mumbai, Maharashtra, India – 400069.
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