Harmony Projects Private Limited
About Harmony Projects Private Limited
Data last updated:
Harmony Projects Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Narendra Tea Company Pvt Ltd. It operates in the real estate financing segment of the financial services sector. It was incorporated on 27 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45200WB2006PTC111940.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Basant Kumar Berlia and Arun Berlia.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 2A Ganesh Chandra Avenue Commerce House 5th Floor Room No. – 7, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2022, the company reported a revenue of ₹32,000, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹4,867 (net margin 15.2%) and EBITDA of ₹6,578 (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹18.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2A Ganesh Chandra Avenue Commerce House 5th Floor Room No. – 7, Kolkata, West Bengal, India – 700013
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Harmony Projects Private Limited
The main business activity of Harmony Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Harmony Projects Private Limited FY 2022 filings available
Harmony Projects Private Limited reported revenue of ₹32,000 (down 29% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Harmony Projects Private Limited
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 16% 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 of Harmony Projects Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹32,000 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6,578 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4,867 | •••• | •••• | •••• | •••• |
| 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 of Harmony Projects Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Harmony Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Harmony Projects Private Limited
Harmony Projects Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harmony Projects Private Limited this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Mansha Real Tech Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Greenery Infratech Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Enlighten Promoters Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Gooseberry India Builders and Developers Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Bruma Properties Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Hesper Builders & Developers Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Sakshar Buildtech Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Salasar Sky Scrapers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sun Ganga Construction Company Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Lepton Builders Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Harmony Projects by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Harmony Projects Private Limited
Harmony Projects Private Limited is audited by SAWARMAL AGRAWAL & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAWARMAL AGRAWAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Harmony Projects Private Limited
Harmony Projects has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basant Kumar Berlia Also directs: Hind Tea Co Ltd, Atiabari Tea Co Ltd, Shikarpur & Bhandapur Tea Estates Private Limited and 5 more | Director | 27 Nov 2006 | 19 Years 10 Months | Current |
| Arun Berlia Also directs: Hind Tea Co Ltd, Atiabari Tea Co Ltd, Shikarpur & Bhandapur Tea Estates Private Limited and 5 more | Director | 27 Nov 2006 | 19 Years 10 Months | Current |
Ownership and Shareholding of Harmony Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Harmony Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2019 | Others | ₹11.63 Cr | Open |
| 20 Mar 2013 | United Bank of India | ₹7.11 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Harmony Projects Private Limited
Employment history and EPFO contributions of people linked to Harmony Projects.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Harmony Projects Private Limited
Harmony Projects Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Arun Berlia was appointed as Director on 27 Nov 2006.
Credit Ratings, Litigation & Regulatory Alerts for Harmony Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Harmony Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Harmony Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Harmony Projects Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Harmony Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Harmony Projects Private Limited
Harmony Projects is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 27 November 2006 (20+ years old) and is registered under CIN U45200WB2006PTC111940.
Harmony Projects reported revenue of ₹32,000 for FY 2022 (down 29% YoY).
Harmony Projects has 2 current directors:
- Basant Kumar Berlia - Director
- Arun Berlia - Director
Harmony Projects reported a net profit of ₹4,867 (net margin 15.2%) and EBITDA of ₹6,578 (EBITDA margin 20.6%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harmony Projects is -21% over three years and 1% over five years. In the latest year (FY 2022) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Harmony Projects is U45200WB2006PTC111940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Projects was incorporated on 27 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Harmony Projects by revenue are Mansha Real Tech Private Limited, Greenery Infratech Private Limited, Enlighten Promoters Private Limited, Gooseberry India Builders and Developers Limited, Bruma Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Arun Berlia was appointed as Director on 27 Nov 2006. Basant Kumar Berlia was appointed as Director on 27 Nov 2006.
The registered office of Harmony Projects is at 2A Ganesh Chandra Avenue Commerce House 5th Floor Room No. – 7, Kolkata, West Bengal, India – 700013.
Harmony Projects has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh.