About Harmony Distributors Private Limited
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Harmony Distributors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Jashanmal National Company Llc. It operates in the office and school supplies segment of the education sector. It was incorporated on 26 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24246MH2001PTC131766. Its GSTIN is 27AABCH0673E1ZV (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Horizon Cosmetics Private Limited. It is led by directors including Tony Naraindas Jashanmal Jhangiani and Shuja Hiro Jashanmal.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.2 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹2.4 Cr (net margin -11.9%) and EBITDA of -₹2.16 Cr (EBITDA margin -10.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iHarmony. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmonydist.com.
Company details
Contact details
Harmony Distributors Private Limited's registered office is in Mumbai, Maharashtra. Its website is harmonydist.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUnit No. 8 1st Floor The Centrium, Phoenix Market City Complex Kamani Junction L.B.S. Marg Kurla (West), Mumbai, Maharashtra, India – 400070
- IndustryEducation, Office & School Supplies
To see the full contact details of Harmony Distributors 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
Harmony Distributors operates one associated brand: iHarmony. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered platform for automating software testing in cloud and embedded environments. | iharmony.ai |
Business activity
The main business activity of Harmony Distributors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Harmony Distributors Private Limited, buy the company report.
Financials of Harmony Distributors Private Limited
FY 2025 filings availableHarmony Distributors Private Limited reported revenue of ₹20.2 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 286% 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 |
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| EBITDA | -₹2.16 Cr | ||||
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| Net Profit (PAT) | -₹2.4 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.7% | ||||
| Net Profit Margin | -11.9% | ||||
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To see the full financial statements and ratios of Harmony Distributors Private Limited, buy the company report.
Board of directors of Harmony Distributors Private Limited
Harmony Distributors has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tony Naraindas Jashanmal Jhangiani | Director | 15 May 2002 | 24 Years 5 Months | Current |
| Shuja Hiro Jashanmal | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
| Keshub Chainrai Chablani | Director | 03 Jul 2015 | 11 Years 4 Months | Current |
Peer comparison
Harmony Distributors Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Office and School Supplies), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Jee Writing Instruments Private Limited | ₹20.45 Cr (FY 2024) | 12.0% | New Delhi, Delhi, India | |||
| Harmony Distributors Private Limitedthis company | ₹20.2 Cr (FY 2025) | -₹2.4 Cr | -11.9% | -25.0% | Mumbai, Maharashtra, India | |
| Tarun Books Private Limited | ₹20 Cr (FY 2025) | 60.0% | Delhi, India | |||
| Shreyansh Stationery Private Limited | ₹19.78 Cr (FY 2024) | 31.0% | Agra, Uttar Pradesh, India | |||
| Arora Medi Lines Pvt. Ltd. | ₹19.68 Cr (FY 2022) | 6.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Harmony Distributors Private Limited, buy the company report.
Auditor
Harmony Distributors Private Limited is audited by B S R & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2024 | 101248W/W-100022 |
Shareholding
The shareholding of Harmony Distributors Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harmony Distributors Private Limited, buy the company report.
Legal cases
Harmony Distributors Private Limited has 2 court cases on record: 1 filed by Harmony Distributors, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Harmony Distributors 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 Harmony Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harmony Distributors has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH0673E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harmony Distributors Private Limited, buy the company report.
Recent activity
Harmony Distributors Private Limited has 9 board changes on record since 2002: 3 appointments and 6 cessations. The latest: Jairaj Somasundara Roddam ceased to be Director on 30 Sep 2017.
Frequently asked questions
Harmony Distributors is an active private limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 26 April 2001 (25+ years old) and is registered under CIN U24246MH2001PTC131766.
Harmony Distributors has 3 current directors:
- Tony Naraindas Jashanmal Jhangiani - Director
- Shuja Hiro Jashanmal - Director
- Keshub Chainrai Chablani - Director
The latest financial statements of Harmony Distributors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harmony Distributors is 27AABCH0673E1ZV, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Harmony Distributors is U24246MH2001PTC131766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Distributors has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Harmony Distributors was incorporated on 26 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Harmony Distributors by revenue are Shree Jee Writing Instruments Private Limited, Tarun Books Private Limited, Shreyansh Stationery Private Limited, Arora Medi Lines Pvt. Ltd, all in the Education industry (Office and School Supplies), with the same principal business activity (wholesale trading).
Jairaj Somasundara Roddam ceased to be Director on 30 Sep 2017. Shuja Hiro Jashanmal was appointed as Director on 25 Sep 2017. Keshub Chainrai Chablani was appointed as Director on 03 Jul 2015. Harmony Distributors has 9 board changes on record in total.
Harmony Distributors can be reached through the website harmonydist.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Harmony Distributors is at Unit No. 8 1st Floor The Centrium, Phoenix Market City Complex Kamani Junction L.B.S. Marg Kurla West, Mumbai, Maharashtra, India – 400070.
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