
About Harmonic India Private Limited
Data last updated:
Harmonic India Private Limited is a private limited company based in Delhi, India, a subsidiary of Harmonic Delaware Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2007PTC170241. Its GSTIN is 09AABCH9372C3ZH (Uttar Pradesh). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nirav Chandravadan Desai (Whole-Time Director) and Sanjay Victor Dsouza (Whole-Time Director).
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 25 Hakikat Nagar G.T.B Nagar Mall Road, Delhi, India – 110009.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.31 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Cr (net margin 9.6%) and EBITDA of ₹2.81 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 5% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harmonic.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmonicinc.com.
Company details
Contact details
Harmonic India Private Limited's registered office is in Delhi, Delhi. Its website is harmonicinc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address25 Hakikat Nagar G.T.B Nagar Mall Road, Delhi, India – 110009
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Harmonic India 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
Brands
Harmonic India operates one associated brand: Harmonic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Video delivery infrastructure is offered through a SaaS platform. | harmonicinc.com |
Business activity
The main business activity of Harmonic India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Harmonic India Private Limited, buy the company report.
Financials of Harmonic India Private Limited
FY 2025 filings availableHarmonic India Private Limited reported revenue of ₹19.31 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 34% growth in the latest year. EBITDA rose 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.85 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 9.6% | ||||
| 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 Harmonic India Private Limited, buy the company report.
Board of directors of Harmonic India Private Limited
Harmonic India has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Chandravadan Desai | Whole-Time Director | 20 Mar 2020 | 6 Years 7 Months | Current |
| Sanjay Victor Dsouza | Whole-Time Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Timothy Cheng Ping Chu | Director | 01 Sep 2015 | 11 Years 1 Months | Current |
Peer comparison
Harmonic India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Affordable Business Solutions Private Limited | ₹19.32 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| HC Intellect Private Limited | ₹19.32 Cr (FY 2024) | 40.0% | Chennai, Tamil Nadu, India | |||
| Doitlean India Private Limited | ₹19.32 Cr (FY 2025) | -20.0% | Bhopal, Madhya Pradesh, India | |||
| Infinitas Technology Solutions Private Limited | ₹19.31 Cr (FY 2023) | 27.0% | Mumbai, Maharashtra, India | |||
| Infotrack Systems Limited | ₹19.31 Cr (FY 2024) | 40.0% | Mumbai, Maharashtra, India | |||
| Harmonic India Private Limitedthis company | ₹19.31 Cr (FY 2024) | ₹1.85 Cr | 9.6% | 34.0% | 36 | Delhi, India |
| Graebert India Software Private Limited | ₹19.3 Cr (FY 2024) | 27.0% | Delhi, India | |||
| Inncircles Technologies Private Limited | ₹19.29 Cr (FY 2025) | 161.0% | Hyderabad, Telangana, India | |||
| Vjsar Info Tech Private Limited | ₹19.28 Cr (FY 2025) | 60.0% | Chennai, Tamil Nadu, India | |||
| Winsar Infosoft Private Limited | ₹19.28 Cr (FY 2024) | 19.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Harmonic India Private Limited, buy the company report.
Auditor
Harmonic India Private Limited is audited by V S H & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S H & ASSOCIATES | FY 2022 | 012420N |
Shareholding
The shareholding of Harmonic India 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harmonic India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Harmonic India 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
No delayed payments to MSME suppliers are on our record for Harmonic India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harmonic India Private Limited has a workforce of 36 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Harmonic India has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCH9372C3ZH | Uttar Pradesh | Active | 02 Jun 2020 |
| 27AABCH9372C2ZK | Maharashtra | Active | 11 Jun 2020 |
To see the full GST registrations and return filing status of Harmonic India Private Limited, buy the company report.
Recent activity
Harmonic India Private Limited has 16 board changes on record since 2008: 3 appointments and 13 cessations. The latest: Sanjay Victor Dsouza was appointed as Whole-Time Director on 08 Dec 2022.
7 earlier events are in the company report.
News
Frequently asked questions
Harmonic India is an active private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 November 2007 (19+ years old) and is registered under CIN U72300DL2007PTC170241.
Harmonic India has 3 current directors:
- Nirav Chandravadan Desai - Whole-Time Director
- Sanjay Victor Dsouza - Whole-Time Director
- Timothy Cheng Ping Chu - Director
The latest financial statements of Harmonic India 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 Harmonic India is 09AABCH9372C3ZH, registered in Uttar Pradesh. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 27AABCH9372C2ZK (Maharashtra).
The CIN (Corporate Identification Number) of Harmonic India is U72300DL2007PTC170241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmonic India was incorporated on 07 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Harmonic India by revenue are Affordable Business Solutions Private Limited, HC Intellect Private Limited, Doitlean India Private Limited, Infinitas Technology Solutions Private Limited, Infotrack Systems Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sanjay Victor Dsouza was appointed as Whole-Time Director on 08 Dec 2022. Sanjay Victor Dsouza ceased to be Additional Director on 08 Dec 2022. Navin Dogu Shetty ceased to be Whole-Time Director on 14 May 2021. Harmonic India has 16 board changes on record in total.
Harmonic India can be reached through the website harmonicinc.com. Its registered office is in Delhi, India.
The registered office of Harmonic India is at 25 Hakikat Nagar G.T.B Nagar Mall Road, Delhi, India – 110009.
Harmonic India operates in the information technology industry, in the application development and software solutions segment.