Harmon Associates India Private Limited

Harmon Associates India Private Limited - transport and logistics in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U70200KA2007FTC132771 Incorporated 31 December 2007 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Foreign Private Limited Company transport and logistics
Data last updated
Revenue · FY 2025
₹7.4 Cr
▲ 10% YoY
Net profit · FY 2025
₹76.9 Lakh
Net margin 10.4%
EBITDA · FY 2025
₹1.15 Cr
EBITDA margin 15.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹20.13 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
46
Provident fund records
Directors on board
3
As per MCA filings

About Harmon Associates India Private Limited

Data last updated:

Harmon Associates India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Gp Harmon Recycling Llc. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 31 December 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2007FTC132771. Its GSTIN is 29AABCH9713P1ZX (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹20.13 Lakh. It is led by directors including William Henry Oliver Iv and Nicola Vella Jr.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Pine Block Kalyani Platina Kundalahalli Village K.R. Puram Hobli, Bengaluru, Karnataka, India – 560066.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.4 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹76.9 Lakh (net margin 10.4%) and EBITDA of ₹1.15 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.

The company has about 46 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmonindia.com.

Company details

CIN U70200KA2007FTC132771
Registration Number 132771
Incorporation Date 31 December 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Gp Harmon Recycling Llc
Compliance Status Active Compliant

CIN history

Harmon Associates India has one previous CIN (Corporate Identification Number): U70200DL2007FTC172068. The current CIN is U70200KA2007FTC132771, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U70200KA2007FTC132771Current
U70200DL2007FTC172068Previous

Contact details

Harmon Associates India Private Limited's registered office is in Bengaluru, Karnataka. Its website is harmonindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    4th Floor Pine Block Kalyani Platina Kundalahalli Village K.R. Puram Hobli, Bengaluru, Karnataka, India – 560066
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Harmon Associates India Private Limited, buy the company report.

Comprehensive company report
Harmon Associates India 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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Business activity

The main business activity of Harmon Associates India is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Harmon Associates India Private Limited, buy the company report.

Financials of Harmon Associates India Private Limited

FY 2025 filings available

Harmon Associates India Private Limited reported revenue of ₹7.4 Cr (up 10% YoY) for FY 2025.

Revenue · FY 2025
₹7.4 Cr ▲ 10%
Net profit · FY 2025
₹76.9 Lakh margin 10.4%
EBITDA · FY 2025
₹1.15 Cr margin 15.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 12%
5 years · compounded
▼ 6%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 10% growth in the latest year. EBITDA fell 5% 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₹1.15 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹76.9 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.6%
Net Profit Margin10.4%
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 Harmon Associates India Private Limited, buy the company report.

Board of directors of Harmon Associates India Private Limited

Harmon Associates India has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
William Henry Oliver IvDirector24 Mar 20233 Years 7 MonthsCurrent
Nicola Vella JrDirector24 Jul 20242 Years 3 MonthsCurrent
Ramanathan SubbaramanAdditional Director16 Jul 20251 Years 3 MonthsCurrent

Auditor

Harmon Associates India Private Limited is audited by S R B C & CO LLP for the financial year 2019.

Auditor firmFinancial yearFirm registration number
S R B C & CO LLPFY 2019324982E/E300003

Shareholding

The shareholding of Harmon Associates India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Harmon Associates India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Harmon Associates India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Harmon Associates India Private Limited has a workforce of 46 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
46
Active EPFO establishments
1
Employee growth
2.22%

GST

Harmon Associates India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AABCH9713P1ZXKarnatakaActive10 May 2020
27AABCH9713P1Z1MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Harmon Associates India Private Limited, buy the company report.

Recent activity

Harmon Associates India Private Limited has 17 board changes on record since 2008: 3 appointments and 14 cessations. The latest: Ramanathan Subbaraman was appointed as Additional Director on 16 Jul 2025.

AGM
Harmon Associates India Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Ramanathan Subbaraman was appointed as Additional Director.
Filing
Harmon Associates India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Nicola Vella Jr ceased to be Additional Director.
Appointed
Nicola Vella Jr was appointed as Director.
Ceased
William Henry Oliver Iv ceased to be Additional Director.
Appointed
William Henry Oliver Iv was appointed as Director.
Ceased
Daniel Ortiz Ramirez ceased to be Additional Director.
Ceased
Kevin Michael Hembree ceased to be Additional Director.
Ceased
Eric David Schnell ceased to be Director.
Ceased
Michael Joseph Belus ceased to be Director.
Ceased
Girish Kumar Cherukad ceased to be Additional Director.

8 earlier events are in the company report.

Frequently asked questions

Harmon Associates India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 31 December 2007 (19+ years old) and is registered under CIN U70200KA2007FTC132771.

Harmon Associates India has 3 current directors:

The latest financial statements of Harmon Associates India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Harmon Associates India is 29AABCH9713P1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCH9713P1Z1 (Maharashtra).

The CIN (Corporate Identification Number) of Harmon Associates India is U70200KA2007FTC132771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Harmon Associates India was incorporated on 31 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.

Ramanathan Subbaraman was appointed as Additional Director on 16 Jul 2025. Nicola Vella Jr ceased to be Additional Director on 26 Sep 2024. Nicola Vella Jr was appointed as Director on 24 Jul 2024. Harmon Associates India has 17 board changes on record in total.

Harmon Associates India can be reached through the website harmonindia.com. Its registered office is in Bengaluru, Karnataka, India.

The registered office of Harmon Associates India is at 4th Floor Pine Block Kalyani Platina Kundalahalli Village K.R. Puram Hobli, Bengaluru, Karnataka, India – 560066.

Harmon Associates India operates in the transport and logistics industry, in the integrated and diversified logistics services segment.