MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0006841
Harman Sales Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹24.06 Cr
▼ 5% YoY
Net profit · FY 2025
₹35.61 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹1.17 Cr
EBITDA margin 4.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.1 Lakh
Issued & subscribed
Open charges
₹1.02 Cr
Secured borrowings
Company age
38 yrs
Est. 1988
Employees · EPFO
50
Provident fund records
About Harman Sales Private Limited
Data last updated:
Harman Sales Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 14 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1988PTC048836. Its GSTIN is 27AAACH2731C1Z5 (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.1 Lakh. It is led by directors including Jeevan Razdan and Sushma Razdan.
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 222 A Samartha Aishwarya High Land Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.06 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹35.61 Lakh (net margin 1.5%) and EBITDA of ₹1.17 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harman Group. As per MCA filings, the company has open charges of ₹1.02 Cr on record.
Harman Sales Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0006841). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmanleather.com.
Company details
CIN U29290MH1988PTC048836
Registration Number 048836
Incorporation Date 14 September 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0006841
Recognitions & Rankings of Harman Sales
Contact details
Harman Sales Private Limited's registered office is in Mumbai, Maharashtra. Its website is harmanleather.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. – 918 B Wing Cts No. 1/222 A Samartha Aishwarya High Land Park Oshiw, Ara, Mumbai, Maharashtra, India – 400053
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Harman Sales Private Limited, buy the company report.
Comprehensive company report
Harman Sales 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Harman Sales operates one associated brand: Harman Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of machinery and services for Leather, Footwear, and Rubber industries in India. | harmanleather.com |
Business activity
The main business activity of Harman Sales is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Harman Sales Private Limited, buy the company report.
Financials of Harman Sales Private Limited
FY 2025 filings availableHarman Sales Private Limited reported revenue of ₹24.06 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹24.06 Cr ▼ 5%
Net profit · FY 2025
₹35.61 Lakh margin 1.5%
EBITDA · FY 2025
₹1.17 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 11%
5 years · compounded
▲ 5%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 11% 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 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 | ₹1.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.61 Lakh | ||||
| 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 | 4.9% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Harman Sales Private Limited, buy the company report.
Board of directors of Harman Sales Private Limited
Harman Sales has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeevan Razdan | Director | 14 Sep 1988 | 38 Years 1 Months | Current |
| Sushma Razdan | Director | 02 May 1990 | 36 Years 6 Months | Current |
| Hari Kishen Razdan | Director | 14 Sep 1988 | 38 Years 1 Months | Current |
| Vaishali Razdan | Director | 25 Aug 2005 | 21 Years 2 Months | Current |
Auditor
Harman Sales Private Limited is audited by Arpita Desai & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arpita Desai & Co | FY 2022 | 154834W |
Shareholding
The shareholding of Harman Sales Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harman Sales Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.02 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2022 | 100590572 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 31 Dec 2021 | 100529805 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 29 Sep 2005 | 90236463 | Icici Bank Limited | ₹20 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Harman Sales Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Harman Sales Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Manek Tools | |||
| an individual supplier | |||
| Sterling Abrasives Limited | |||
| an individual supplier | |||
| Suman Steels India LLP |
To see the full MSME payment records of Harman Sales Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harman Sales Private Limited has a workforce of 50 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
Employee count
50
Active EPFO establishments
2
Employee growth
-5.66%
GST
Harman Sales has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH2731C1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 09AAACH2731C1Z3 | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AAACH2731C1Z2 | West Bengal | Active | 01 Jul 2017 |
| 33AAACH2731C1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harman Sales Private Limited, buy the company report.
Recent activity
Harman Sales Private Limited has 4 board changes on record since 1988: 4 appointments. The latest: Vaishali Razdan was appointed as Director on 25 Aug 2005.
AGM
Harman Sales Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Harman Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100590572 was registered on 28 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.00 Lakh with Charge ID 100529805 was registered on 31 Dec 2021.
Charges
A charge with Icici Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 90236463 was registered on 29 Sep 2005.
Appointed
Vaishali Razdan was appointed as Director.
Appointed
Sushma Razdan was appointed as Director.
Appointed
Hari Kishen Razdan was appointed as Director.
Appointed
Jeevan Razdan was appointed as Director.
Incorporation
14 Sep 1988
Harman Sales Private Limited was registered on 14 Sep 1988 with Roc Mumbai & aged 38 years 1 month as per MCA records.
Frequently asked questions
Harman Sales is an active private limited company based in Mumbai, Maharashtra, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 14 September 1988 (38+ years old) and is registered under CIN U29290MH1988PTC048836.
Harman Sales has 4 current directors:
- Jeevan Razdan - Director
- Sushma Razdan - Director
- Hari Kishen Razdan - Director
- Vaishali Razdan - Director
The latest financial statements of Harman Sales 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.
The GSTIN of Harman Sales is 27AAACH2731C1Z5, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACH2731C1Z3 (Uttar Pradesh), 19AAACH2731C1Z2 (West Bengal), 33AAACH2731C1ZC (Tamil Nadu).
The CIN (Corporate Identification Number) of Harman Sales is U29290MH1988PTC048836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harman Sales was incorporated on 14 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Vaishali Razdan was appointed as Director on 25 Aug 2005. Sushma Razdan was appointed as Director on 02 May 1990. Hari Kishen Razdan was appointed as Director on 14 Sep 1988. Harman Sales has 4 board changes on record in total.
Yes, Harman Sales is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0006841).
Harman Sales has 5 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 12 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Harman Sales can be reached through the website harmanleather.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Harman Sales is at Office No. – 918 B Wing Cts No. 1222 A Samartha Aishwarya High Land Park Oshiw, Ara, Mumbai, Maharashtra, India – 400053.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages