MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0021541
Harmony Organics Private Limited - chemicals and materials in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹315.54 Cr
▲ 11% YoY
Net profit · FY 2025
₹23.52 Cr
Net margin 7.5%
EBITDA · FY 2025
₹67.13 Cr
EBITDA margin 21.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.75 Cr
Issued & subscribed
Open charges
₹210 Cr
Satisfied ₹29.7 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
112
Provident fund records
About Harmony Organics Private Limited
Data last updated:
Harmony Organics Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 30 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24110PN2003PTC200427. Its GSTIN is 27AABCH4185P1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.75 Cr. It is led by directors including Sandeepkumar Abhaykumar Mehta (Managing Director) and Sanjay Sahadeo Salunkhe (Whole-Time Director).
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 126 Fortune Estates Nr. Akashwani Pune – Solapur Road Hadapsar, Maharashtra, India – 411028.
As per the financials filed for FY 2025, the company reported a revenue of ₹315.54 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹23.52 Cr (net margin 7.5%) and EBITDA of ₹67.13 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 37% over five years.
The company has about 112 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harmony Organics. As per MCA filings, the company has open charges of ₹210 Cr and satisfied charges of ₹29.7 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 14 cases are pending. The company has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.86 Cr; the latest was in August 2023. Its 5 peer companies in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 1 smaller; the largest is Tojo Vikas International Private Limited with revenue of ₹361.27 Cr.
Harmony Organics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0021541). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmonyorganics.in.
Company details
CIN U24110PN2003PTC200427
Registration Number 200427
Incorporation Date 30 May 2003
ROC Pune
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-26-0021541
CIN history
Harmony Organics has one previous CIN (Corporate Identification Number): U24110MH2003PTC140657. The current CIN is U24110PN2003PTC200427, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110PN2003PTC200427 | Current |
| U24110MH2003PTC140657 | Previous |
Key People
Sandeepkumar Abhaykumar Mehta Managing Director Sanjay Sahadeo Salunkhe Whole-Time Director Jai Nangia Director Recognitions & Rankings of Harmony Organics
Contact details
Harmony Organics Private Limited's registered office is in Pune, Maharashtra. Its website is harmonyorganics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address126 Fortune Estates Nr. Akashwani Pune – Solapur Road Hadapsar, Maharashtra, India – 411028
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Harmony Organics Private Limited, buy the company report.
Comprehensive company report
Harmony Organics 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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Brands
Harmony Organics operates one associated brand: Harmony Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Harmony Organics is recognized as a leading manufacturer of aroma chemicals for fragrance and flavor industries. | harmonyorganics.in |
Business activity
The main business activity of Harmony Organics is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Harmony Organics Private Limited, buy the company report.
Financials of Harmony Organics Private Limited
FY 2024 filings availableHarmony Organics Private Limited reported revenue of ₹315.54 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹315.54 Cr ▲ 11%
Net profit · FY 2025
₹23.52 Cr margin 7.5%
EBITDA · FY 2025
₹67.13 Cr margin 21.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 28%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 63%
5 years · compounded
▲ 57%
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 11% growth in the latest year. EBITDA rose 17% 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 | ₹67.13 Cr | ||||
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| Net Profit (PAT) | ₹23.52 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 | 21.3% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Harmony Organics Private Limited, buy the company report.
Board of directors of Harmony Organics Private Limited
Harmony Organics has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Nangia | Director | 20 May 2016 | 10 Years 5 Months | Current |
| Sandeepkumar Abhaykumar Mehta | Managing Director | 26 Dec 2022 | 3 Years 9 Months | Current |
| Ravikumar Chamanlal Nangia | Director | 30 May 2003 | 23 Years 4 Months | Current |
| Sanjay Sahadeo Salunkhe Also directs: Encee Fragrances Private Limited | Whole-Time Director | 04 May 2017 | 9 Years 5 Months | Current |
| Abhishek Jain Also directs: Biodeal Pharmaceuticals Limited, Saimirra Innopharm Private Limited, 3 Gen Consulting Services Private Limited and 1 more | Nominee Director | 29 May 2025 | 1 Years 4 Months | Current |
Peer comparison
Harmony Organics Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tojo Vikas International Private Limited | ₹361.27 Cr (FY 2025) | 95.0% | New Delhi, Delhi, India | |||
| Northern Aromatics Private Limited. | ₹361.11 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Norex Flavours Private Limited | ₹354.58 Cr (FY 2025) | 29.0% | Mandi Dhanaura, Uttar Pradesh, India | |||
| Pitambari Products Private Limited | ₹334.2 Cr (FY 2025) | 7.0% | Thane, Maharashtra, India | |||
| Harmony Organics Private Limitedthis company | ₹315.54 Cr (FY 2025) | ₹23.52 Cr | 7.5% | 11.0% | 112 | Pune, Maharashtra, India |
| Arora Aromatics Private Limited | ₹302.43 Cr (FY 2024) | 16.0% | New Delhi, Delhi, India |
To see the full peer comparison of Harmony Organics Private Limited, buy the company report.
Auditor
Harmony Organics Private Limited is audited by SG AGRAWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SG AGRAWAL & ASSOCIATES | FY 2023 | 0145630W |
Shareholding
The shareholding of Harmony Organics 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 Organics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹210 Cr
Satisfied charges
₹29.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2025 | 101172948 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Open | |
| 13 Jul 2023 | 100762658 | Others | ₹125 Cr | Open | |
| 04 Feb 2021 | 100442688 | Citi Bank N.A. | ₹40 Cr | Open | |
| 25 Jan 2018 | 100159630 | Axis Bank Limited | ₹20 Cr | Open | |
| 14 Jul 2021 | 100465630 | Citi Bank N.A. | ₹15 Cr | Satisfied |
To see the full charge records of Harmony Organics Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Harmony Organics Private Limited has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.86 Cr; the latest was in August 2023.
Total deals
6
Funding rounds
2
Secondary share transfers
2
Rights issue
1
Acquisition
1
Disclosed funding
₹2.86 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2023 | Acquisition | ₹225 Cr | Buyer: Piramal Structured Finance |
| Oct 2018 | Rights issue | ₹1.01 Cr | Investors: an individual |
| Mar 2018 | Funding round | ₹1.24 Cr | Investors: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Harmony Organics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Harmony Organics Private Limited has 19 court cases on record: 5 filed by Harmony Organics, 14 filed against it. 14 cases are pending and 5 are disposed.
Total cases
19
Filed by the company
5
Filed against the company
14
Pending
14
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 12 |
| High courts | 3 | 0 | 1 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Indian Peroxide Limited | Pending |
| Supreme Court | Court case (Special Leave Petition (Criminal)) | Filed by the company against M/S SVS Chemical Corporation LLP | Pending |
| Bombay High Court | Writ petition | Filed by the company against Paari Chem Resources LLP Through Sachin Vijay Rao and Ors | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Ms Paari Chem Resources LLP Through Its Senior Accountant Mr Sachin Vijay Rao | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Indus Petrochem Limited | Pending |
To see the full case history of Harmony Organics 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 Organics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harmony Organics Private Limited has a workforce of 112 employees on its EPFO records as of Sep 15, 2025, across 1 active EPFO establishment.
Employee count
112
Active EPFO establishments
1
Employee growth
33.33%
GST
Harmony Organics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH4185P1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harmony Organics Private Limited, buy the company report.
Recent activity
Harmony Organics Private Limited has 16 board changes on record since 2003: 7 appointments and 9 cessations. The latest: Abhishek Jain was appointed as Nominee Director on 29 May 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 25.00 Cr with Charge ID 101172948 was registered on 22 Sep 2025.
Appointed
Abhishek Jain was appointed as Nominee Director.
Ceased
Gurudutta Mishra ceased to be Nominee Director.
Charges
A charge with Others of Rs. 125.00 Cr registered on 13 Jul 2023 with Charge ID 100762658 was modified on 03 Mar 2025.
Charges
A charge with Citi Bank N.A. of Rs. 40.00 Cr registered on 04 Feb 2021 with Charge ID 100442688 was modified on 10 Feb 2025.
AGM
Harmony Organics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 20.00 Cr registered on 25 Jan 2018 with Charge ID 100159630 was modified on 26 Jul 2024.
Filing
Harmony Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Gurudutta Mishra was appointed as Nominee Director.
Charges
A charge registered on 14 Jul 2021 via Charge ID 100465630 with Citi Bank N.A. was fully satisfied on 03 Oct 2023.
Charges
A charge with Others amounted to Rs. 125.00 Cr with Charge ID 100762658 was registered on 13 Jul 2023.
Ceased
Shriram Ganesh Aradhye ceased to be Additional Director.
25 earlier events are in the company report.
News
Frequently asked questions
Harmony Organics is an active private limited company based in Pune, Maharashtra, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 30 May 2003 (23+ years old) and is registered under CIN U24110PN2003PTC200427.
Harmony Organics has 5 current directors:
- Sandeepkumar Abhaykumar Mehta - Managing Director
- Sanjay Sahadeo Salunkhe - Whole-Time Director
- Jai Nangia - Director
- Ravikumar Chamanlal Nangia - Director
- Abhishek Jain - Nominee Director
The latest financial statements of Harmony Organics 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 2015 are in the company report.
The GSTIN of Harmony Organics is 27AABCH4185P1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Harmony Organics is U24110PN2003PTC200427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Organics has 19 court cases on record: 5 filed by the company and 14 filed against it. 14 are pending. Most are in the district courts.
Harmony Organics was incorporated on 30 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Harmony Organics has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.86 Cr; the latest was in August 2023.
The peers of Harmony Organics by revenue are Tojo Vikas International Private Limited, Northern Aromatics Private Limited, Norex Flavours Private Limited, Pitambari Products Private Limited, Arora Aromatics Private Limited, all in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Abhishek Jain was appointed as Nominee Director on 29 May 2025. Gurudutta Mishra ceased to be Nominee Director on 29 May 2025. Gurudutta Mishra was appointed as Nominee Director on 01 Nov 2023. Harmony Organics has 16 board changes on record in total.
Yes, Harmony Organics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0021541).