Harit Industries Limited - manufacturing in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
CIN U17299MH2019PLC332459 Incorporated 01 November 2019 ROC Mumbai HQ Bhiwandi, Maharashtra, India
Active Public Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹130.08 Cr
▲ 9% YoY
Net profit · FY 2025
₹12.49 Cr
Net margin 9.6%
EBITDA · FY 2025
₹24.06 Cr
EBITDA margin 18.5%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹101.44 Cr
Satisfied ₹27.13 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
18
Provident fund records

About Harit Industries Limited

Data last updated:

Harit Industries Limited is a public limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2019PLC332459. Its GSTIN is 27AAFCH0925B1Z2 (Maharashtra).

The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Pankaj Chandrakant Mishra (Managing Director) and Chandrakant Mishra.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1109 Building E – 4 Gala – 1 2nd Floor, Shri Arihant Complex Kalher Bhiwandi, Maharashtra, India – 421302.

As per the financials filed for FY 2025, the company reported a revenue of ₹130.08 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹12.49 Cr (net margin 9.6%) and EBITDA of ₹24.06 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 71% over five years.

The company has about 18 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Harit Group. As per MCA filings, the company has open charges of ₹101.44 Cr and satisfied charges of ₹27.13 Cr on record. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹4.9 Cr; the latest was in August 2020. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 5 smaller; the largest is Topman Exports Limited with revenue of ₹130.95 Cr. The company has 11 MSME Form 1 returns on record between 2020 and 2023, listing 2,288 overdue payments to 82 micro and small suppliers.

Harit Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0043642). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haritgroup.co.in.

Company details

CIN U17299MH2019PLC332459
Registration Number 332459
Incorporation Date 01 November 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0043642

CIN history

Harit Industries has one previous CIN (Corporate Identification Number): U17299MH2019PTC332459. The current CIN is U17299MH2019PLC332459, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17299MH2019PLC332459Current
U17299MH2019PTC332459Previous

Recognitions & Rankings of Harit Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-33-0043642

Contact details

Harit Industries Limited's registered office is in Bhiwandi, Maharashtra. Its website is haritgroup.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1109 Building E – 4 Gala – 1 2nd Floor, Shri Arihant Complex Kalher Bhiwandi, Maharashtra, India – 421302
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Harit Industries Limited, buy the company report.

Comprehensive company report
Harit Industries 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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Brands

Harit Industries operates one associated brand: Harit Group. Each brand links to its own profile.

BrandDescriptionWebsite
Produces fabrics, curtains, and upholstery for home furnishings markets.haritgroup.co.in

Business activity

The main business activity of Harit Industries is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Harit Industries Limited, buy the company report.

Financials of Harit Industries Limited

FY 2024 filings available

Harit Industries Limited reported revenue of ₹130.08 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹130.08 Cr ▲ 9%
Net profit · FY 2025
₹12.49 Cr margin 9.6%
EBITDA · FY 2025
₹24.06 Cr margin 18.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 26%
5 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 47%
5 years · compounded
▲ 82%

Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 9% growth in the latest year. EBITDA rose 44% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹24.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.49 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin18.5%
Net Profit Margin9.6%
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 Harit Industries Limited, buy the company report.

Board of directors and KMP of Harit Industries Limited

Harit Industries Limited currently reports 5 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Pankaj Chandrakant MishraManaging Director01 Nov 20196 Years 11 MonthsCurrent
Ankita DhabhaiCompany Secretary31 Mar 20251 Years 6 MonthsCurrent
Chandrakant MishraDirector16 Dec 20241 Years 10 MonthsCurrent
Rajesh Bhalchandra DhumeDirector14 May 20251 Years 5 MonthsCurrent
Devyani Pankaj MishraDirector01 Nov 20196 Years 11 MonthsCurrent
Rajesh Harilal ThakkarDirector14 May 20251 Years 5 MonthsCurrent

Peer comparison

Harit Industries Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Topman Exports Limited₹130.95 Cr (FY 2024)132.0%Mumbai, Maharashtra, India
Messianic Clothing Private Limited₹130.58 Cr (FY 2025)11.0%Noida, Uttar Pradesh, India
Gaurja Spinning Mill Private Limited₹130.37 Cr (FY 2025)1083.0%Wardha, Maharashtra, India
Titaanium Ten Enterprise Limited₹130.36 Cr (FY 2025)-32.0%Surat, Gujarat, India
Harit Industries Limitedthis company₹130.08 Cr (FY 2025)₹12.49 Cr9.6%9.0%18Bhiwandi, Maharashtra, India
CGS Apparel Private Limited.₹129.82 Cr (FY 2025)7.0%New Delhi, Delhi, India
Be One Textiles Private Limited₹129.79 Cr (FY 2025)284.0%Tirupur, Tamil Nadu, India
Raj Laxmi Fabtex Private Limited₹129.58 Cr (FY 2025)8.0%Pali, Rajasthan, India
H P Cotton Textile Mills Limited₹129.49 Cr (FY 2025)36.0%Hisar, Haryana, India
Shree Salasar Polyflex Private Limited₹129.15 Cr (FY 2019)36.0%Jaipur, Rajasthan, India

To see the full peer comparison of Harit Industries Limited, buy the company report.

Auditor

Harit Industries Limited is audited by SANJAY R SONI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANJAY R SONI & ASSOCIATESFY 2023124901W

Shareholding

The shareholding of Harit Industries Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Harit Industries Limited, buy the company report.

Charges & borrowings

Open charges
₹101.44 Cr
Satisfied charges
₹27.13 Cr
Breakdown by lending institutions
Standard Chartered Bank₹48.19 Cr
Hdfc Bank Limited₹34.00 Cr
Axis Bank Limited₹19.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jun 2025101116333Hdfc Bank Limited₹34 CrOpen
22 Feb 2024100883753Standard Chartered Bank₹45.14 CrOpen
22 Feb 2024100883752Standard Chartered Bank₹3.05 CrOpen
30 Jan 2020100324335Axis Bank Limited₹19.25 CrOpen
30 May 2023100734016Others₹4 CrSatisfied

To see the full charge records of Harit Industries Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Harit Industries Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹4.9 Cr; the latest was in August 2020.

Total deals
2
Funding round
1
Rights issue
1
Disclosed funding
₹4.9 Cr

Deals on record (1 of 2)

WhenDealAmountParties
Aug 2020Rights issue₹51 LakhInvestors: 2 individuals

To see the full deal history of Harit Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Harit Industries Limited has 11 MSME Form 1 returns on record between 2020 and 2023, listing 2,288 overdue payments to 82 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 82)

SupplierAmount dueDue sinceReported on
Gunshanti Sales Corporation
VSK Polyfins Private Limited
Subhlaxmi Chem Pvt Ltd
Maha Kaali Yarns Private Limited
an individual supplier

To see the full MSME payment records of Harit Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Harit Industries has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Sangeeta Tex.Dyes Private LimitedU17120MH2009PTC196784
Krishna Fancyfab Private LimitedU17291MH2013PTC240227

To see the full group structure of Harit Industries Limited, buy the company report.

Employees & EPFO

Harit Industries Limited has a workforce of 18 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1
Employee growth
-21.74%

GST

Harit Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCH0925B1Z2MaharashtraActive04 Dec 2019

To see the full GST registrations and return filing status of Harit Industries Limited, buy the company report.

Recent activity

Harit Industries Limited has 13 board changes on record since 2019: 6 appointments and 7 cessations. The latest: Devyani Pankaj Mishra ceased to be CFO on 11 Dec 2025.

Ceased
Devyani Pankaj Mishra ceased to be CFO.
Charges
A charge with Hdfc Bank Limited of Rs. 34.00 Cr registered on 11 Jun 2025 with Charge ID 101116333 was modified on 16 Oct 2025.
Ceased
Chandrakant Mishra ceased to be Additional Director.
Ceased
Rajesh Bhalchandra Dhume ceased to be Additional Director.
Ceased
Rajesh Harilal Thakkar ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 34.00 Cr with Charge ID 101116333 was registered on 11 Jun 2025.
Ceased
Nikhil Vyas ceased to be Additional Director.
Appointed
Rajesh Bhalchandra Dhume was appointed as Director.
Appointed
Rajesh Harilal Thakkar was appointed as Director.
Ceased
Sarad Sundria ceased to be Additional Director.
Appointed
Ankita Dhabhai was appointed as Company Secretary.
Charges
A charge with Standard Chartered Bank of Rs. 45.14 Cr registered on 22 Feb 2024 with Charge ID 100883753 was modified on 31 Jan 2025.

22 earlier events are in the company report.

Frequently asked questions

Harit Industries is an active public limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 November 2019 (7+ years old) and is registered under CIN U17299MH2019PLC332459.

Harit Industries has 6 current directors and KMP:

The latest financial statements of Harit Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Harit Industries is 27AAFCH0925B1Z2, registered in Maharashtra.

The CIN (Corporate Identification Number) of Harit Industries is U17299MH2019PLC332459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Harit Industries was incorporated on 01 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Harit Industries has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹4.9 Cr; the latest was in August 2020.

The peers of Harit Industries by revenue are Topman Exports Limited, Messianic Clothing Private Limited, Gaurja Spinning Mill Private Limited, Titaanium Ten Enterprise Limited, CGS Apparel Private Limited. and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Devyani Pankaj Mishra ceased to be CFO on 11 Dec 2025. Chandrakant Mishra ceased to be Additional Director on 29 Sep 2025. Rajesh Bhalchandra Dhume ceased to be Additional Director on 29 Sep 2025. Harit Industries has 13 board changes on record in total.

Yes, Harit Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0043642).

Harit Industries has 11 MSME Form 1 returns on record between 2020 and 2023, listing 2,288 overdue payments to 82 micro and small suppliers. The latest return was filed on 27 Dec 2023.

Harit Industries can be reached through the website haritgroup.co.in. Its registered office is in Bhiwandi, Maharashtra, India.