About Harness Digitech Private Limited
Data last updated:
Harness Digitech Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 17 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2014PTC020747. Its GSTIN is 29AADCH4701R1Z5 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Lekshmi Narayanan (Managing Director) and Nithya Thiyagu.
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 Block A – 1 First Floor SEZ – Rathinam Pollachi Main Road Eachanari, Coimbatore, Tamil Nadu, India – 641021.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.9 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹69.34 Lakh (net margin 17.8%) and EBITDA of ₹72.7 Lakh (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harnessgroup.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBlock A – 1 First Floor SEZ – Rathinam Pollachi Main Road Eachanari, Coimbatore, Tamil Nadu, India – 641021
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
- 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 Harness Digitech Private Limited
The main business activity of Harness Digitech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Harness Digitech Private Limited FY 2025 filings available
Harness Digitech Private Limited reported revenue of ₹3.9 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Harness Digitech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 15% growth in the latest year. EBITDA rose 391% 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 Harness Digitech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹72.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹69.34 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 of Harness Digitech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.8% | •••• | •••• | •••• | •••• |
| 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 Harness Digitech 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 Harness Digitech Private Limited
Harness Digitech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techence IT Solutions Private Limited | •••• | •••• | •••• | •••• | 47 | Pune, Maharashtra, India |
| Iw Graintech Private Limited | •••• | •••• | •••• | •••• | - | Karnal, Haryana, India |
| Erpmechsoft Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| O2b Technologies Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Omniscient Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Harness Digitech Private Limited this company | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Techsync Innovations Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Software Associates Information Technologies Private Limited | •••• | •••• | •••• | •••• | 56 | Calicut, Kerala, India |
| Covalsysoft Solutions Private Limited | •••• | •••• | •••• | •••• | 14 | Bangalore North, Karnataka, India |
| C-Suite Erp Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| MCRT Software India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Harness Digitech by revenue in the Information Technology industry (Enterprise Resource Planning), 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 Harness Digitech Private Limited
Harness Digitech Private Limited is audited by SPP & CO CHARTERED ACCOUNTANTS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SPP & CO CHARTERED ACCOUNTANTS | 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 Harness Digitech Private Limited
Harness Digitech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nithya Thiyagu | Director | 17 Sep 2014 | 12 Years 0 Months | Current |
| Lekshmi Narayanan | Managing Director | 25 Jan 2018 | 8 Years 8 Months | Current |
| Jaganathan Prem Chandar | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Harness Digitech 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 Harness Digitech Private Limited
Harness Digitech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Harness Digitech Private Limited
Harness Digitech Private Limited has a workforce of 39 employees as of Apr 06, 2024.
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 Harness Digitech Private Limited
Harness Digitech Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Balasubramaniayam Karthik ceased to be Managing Director on 20 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Harness Digitech 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 Harness Digitech 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 Harness Digitech 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 Harness Digitech Private Limited
Harness Digitech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH4701R1Z5 | Karnataka | Active | 06 May 2025 |
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 Harness Digitech 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 Harness Digitech Private Limited
Harness Digitech is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 17 September 2014 (12+ years old) and is registered under CIN U72200TZ2014PTC020747.
Harness Digitech reported revenue of ₹3.9 Cr for FY 2025 (up 15% YoY).
Harness Digitech has 3 current directors:
- Lekshmi Narayanan - Managing Director
- Nithya Thiyagu - Director
- Jaganathan Prem Chandar - Director
Harness Digitech reported a net profit of ₹69.34 Lakh (net margin 17.8%) and EBITDA of ₹72.7 Lakh (EBITDA margin 18.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harness Digitech is 14% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Harness Digitech is 29AADCH4701R1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Harness Digitech is U72200TZ2014PTC020747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harness Digitech was incorporated on 17 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Harness Digitech by revenue are Techence IT Solutions Private Limited, Iw Graintech Private Limited, Erpmechsoft Technologies Private Limited, O2b Technologies Private Limited, Omniscient Services Private Limited and 5 more, all in the Information Technology industry (Enterprise Resource Planning).
Balasubramaniayam Karthik ceased to be Managing Director on 20 Jul 2021. Lekshmi Narayanan ceased to be Director on 07 Jul 2021. Jaganathan Prem Chandar ceased to be Managing Director on 24 Sep 2018. Harness Digitech has 6 board changes on record in total.
Harness Digitech can be reached through the website harnessgroup.net. Its registered office is in Coimbatore, Tamil Nadu, India.