Harmony Silks Private Limited

Harmony Silks Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U17116KA1988PTC009339 Incorporated 04 August 1988 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing MSME
Data last updated
Revenue · FY 2025
₹208.55 Cr
▲ 203% YoY
Net profit · FY 2025
₹13.77 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹96.85 Lakh
EBITDA margin 0.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹9.21 Lakh
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings

About Harmony Silks Private Limited

Data last updated:

Harmony Silks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 August 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17116KA1988PTC009339. Its GSTIN is 29AAACH3640Q1Z6 (Karnataka).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.21 Lakh. It is led by directors Dhruv Lath and Suniti Lath.

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 To #39 2nd Floor Dickenson Road, Bangalore, Karnataka, India – 560042.

As per the financials filed for FY 2025, the company reported a revenue of ₹208.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.77 Lakh (net margin 0.1%) and EBITDA of ₹96.85 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 257% over three years and 179% over five years.

As per MCA filings, the company has satisfied charges of ₹50 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.

Harmony Silks Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0120886). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmonysilks.net.

Company details

CIN U17116KA1988PTC009339
Registration Number 009339
Incorporation Date 04 August 1988
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0120886

Recognitions & Rankings of Harmony Silks

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0120886

Contact details

Harmony Silks Private Limited's registered office is in Bangalore, Karnataka. Its website is harmonysilks.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    To #39 2nd Floor Dickenson Road, Bangalore, Karnataka, India – 560042
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Harmony Silks Private Limited, buy the company report.

Comprehensive company report
Harmony Silks 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 Harmony Silks is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Harmony Silks Private Limited, buy the company report.

Financials of Harmony Silks Private Limited

FY 2025 filings available

Harmony Silks Private Limited reported revenue of ₹208.55 Cr (up 203% YoY) for FY 2025.

Revenue · FY 2025
₹208.55 Cr ▲ 203%
Net profit · FY 2025
₹13.77 Lakh margin 0.1%
EBITDA · FY 2025
₹96.85 Lakh margin 0.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 203%
3 years · compounded
▲ 257%
5 years · compounded
▲ 179%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 89%
5 years · compounded
▲ 100%

Revenue has grown at a compounded annual rate (CAGR) of 179% over five years, including 203% growth in the latest year. EBITDA rose 62% 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₹96.85 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.77 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 Margin0.5%
Net Profit Margin0.1%
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 Harmony Silks Private Limited, buy the company report.

Board of directors of Harmony Silks Private Limited

Harmony Silks has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhruv LathDirector15 Oct 201016 Years 0 MonthsCurrent
Suniti LathDirector02 Apr 200719 Years 6 MonthsCurrent

Auditor

Harmony Silks Private Limited is audited by B S D & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B S D & COFY 2023000312S

Shareholding

The shareholding of Harmony Silks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Harmony Silks Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Indian Bank₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 200480058961Indian Bank₹50 LakhSatisfied

To see the full charge records of Harmony Silks Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

Harmony Silks Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Radha Furnishings
BSD & Co
Allied Cargo Services (India) Private Limited
an individual supplier

To see the full MSME payment records of Harmony Silks Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Harmony Silks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACH3640Q1Z6KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Harmony Silks Private Limited, buy the company report.

Recent activity

Harmony Silks Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Suniti Lath ceased to be Additional Director on 19 Jan 2016.

AGM
Harmony Silks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Harmony Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 30 Jun 2004 via Charge ID 80058961 with Indian Bank was fully satisfied on 18 Sep 2020.
Ceased
Suniti Lath ceased to be Additional Director.
Ceased
Dilip Kumar Lath ceased to be Director.
Appointed
Dhruv Lath was appointed as Director.
Ceased
Goutam Lath ceased to be Whole-Time Director.
Appointed
Suniti Lath was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 50.00 Lakh with Charge ID 80058961 was registered on 30 Jun 2004.
Incorporation
04 Aug 1988
Harmony Silks Private Limited was registered on 04 Aug 1988 with Roc Bangalore & aged 38 years 2 months as per MCA records.

Frequently asked questions

Harmony Silks is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 August 1988 (38+ years old) and is registered under CIN U17116KA1988PTC009339.

Harmony Silks has 2 current directors:

The latest financial statements of Harmony Silks 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 Harmony Silks is 29AAACH3640Q1Z6, registered in Karnataka.

The CIN (Corporate Identification Number) of Harmony Silks is U17116KA1988PTC009339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Harmony Silks has 3 court cases on record: 3 filed by the company.

Harmony Silks was incorporated on 04 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Bangalore.

Suniti Lath ceased to be Additional Director on 19 Jan 2016. Dilip Kumar Lath ceased to be Director on 02 Feb 2011. Dhruv Lath was appointed as Director on 15 Oct 2010. Harmony Silks has 5 board changes on record in total.

Yes, Harmony Silks is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0120886).

Harmony Silks has 3 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 4 micro and small suppliers. The latest return was filed on 27 Oct 2020.

Harmony Silks can be reached through the website harmonysilks.net. Its registered office is in Bangalore, Karnataka, India.