MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0007207
Harmony Yarns Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2018
₹65.1 Cr
▼ 18% YoY
Net profit · FY 2018
₹45.76 Lakh
Net margin 0.7%
EBITDA · FY 2018
₹3.42 Cr
EBITDA margin 5.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.71 Cr
Issued & subscribed
Company age
29 yrs
Est. 1997
Employees · EPFO
3
Provident fund records
Brands
1
Associated brands
About Harmony Yarns Private Limited
Data last updated:
Harmony Yarns Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile segment of the manufacturing sector. It was incorporated on 24 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17199GJ1997PTC033489.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.71 Cr.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 26 October 2018. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2018, the company reported a revenue of ₹65.1 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹45.76 Lakh (net margin 0.7%) and EBITDA of ₹3.42 Cr (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harmony Yarns. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 5 cases are pending.
Harmony Yarns Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0007207). For more details, the company can be reached via its website harmonyyarns.in.
Company details
CIN U17199GJ1997PTC033489
Registration Number 033489
Incorporation Date 24 December 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 26 October 2018
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0007207
Recognitions & Rankings of Harmony Yarns
Contact details
Harmony Yarns Private Limited's registered office is in Surat, Gujarat. Its website is harmonyyarns.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot – 65 1st Floor Subhash Nagar Society, Ghod Dod Road Nr. Ram Chowk, Surat, Gujarat, India – 395001
- IndustryManufacturing, Textile
To see the full contact details of Harmony Yarns Private Limited, buy the company report.
Comprehensive company report
Harmony Yarns 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Harmony Yarns operates one associated brand: Harmony Yarns. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Yarn manufacturing, dyeing, and exporting services in India. | harmonyyarns.in |
Financials of Harmony Yarns Private Limited
FY 2018 filings availableHarmony Yarns Private Limited reported revenue of ₹65.1 Cr (down 18% YoY) for FY 2018.
Revenue · FY 2018
₹65.1 Cr ▼ 18%
Net profit · FY 2018
₹45.76 Lakh margin 0.7%
EBITDA · FY 2018
₹3.42 Cr margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 8%
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 18% fall in the latest year. EBITDA fell 55% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹65.1 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.42 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹45.76 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.3% | |||
| Net Profit Margin | 0.7% | |||
| 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 Yarns Private Limited, buy the company report.
Board of directors of Harmony Yarns Private Limited
Harmony Yarns has 1 former director on record and no current directors listed.
Auditor
Harmony Yarns Private Limited is audited by H TOSNIWAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H TOSNIWAL & CO | FY 2018 | 111032W |
Shareholding
The shareholding of Harmony Yarns Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Harmony Yarns Private Limited, buy the company report.
Legal cases
Harmony Yarns Private Limited has 11 court cases on record: 7 filed by Harmony Yarns, 4 filed against it. 5 cases are pending and 6 are disposed.
Total cases
11
Filed by the company
7
Filed against the company
4
Pending
5
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 5 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, SURAT, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Bharatkumar Shankarla Patel Prop.Of Yogesh Yarn Pvt. Ltd. and 1 other | Pending |
| District court, SURAT, Gujarat | Court case (SPCS) | Filed against the company by an individual | Pending |
To see the full case history of Harmony Yarns 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 Yarns Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harmony Yarns Private Limited has a workforce of 3 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
No GST registration is on our record for Harmony Yarns Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Filing
Harmony Yarns Private Limited has filed its annual Financial statements for the year ended 26 Oct 2018 with RoC-Ahmedabad.
AGM
Harmony Yarns Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Incorporation
24 Dec 1997
Harmony Yarns Private Limited was registered on 24 Dec 1997 with RoC-Ahmedabad & aged 28 years 10 months as per MCA records.
Frequently asked questions
Harmony Yarns is an active private limited company based in Surat, Gujarat, India. The company works in textile, within the manufacturing industry. It was incorporated on 24 December 1997 (29+ years old) and is registered under CIN U17199GJ1997PTC033489.
The latest financial statements of Harmony Yarns on record with the MCA are for the year ended 26 October 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Harmony Yarns is U17199GJ1997PTC033489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Yarns has 11 court cases on record: 7 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Harmony Yarns was incorporated on 24 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yes, Harmony Yarns is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0007207).
Harmony Yarns can be reached through the website harmonyyarns.in. Its registered office is in Surat, Gujarat, India.
The registered office of Harmony Yarns is at Plot – 65 1st Floor Subhash Nagar Society, Ghod Dod Road Nr. Ram Chowk, Surat, Gujarat, India – 395001.
Harmony Yarns operates in the manufacturing industry, in the textile segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages