MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0006468
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Harness Techniques (India) Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹54.39 Cr
▲ 31% YoY
Net profit · FY 2024
₹3.95 Cr
Net margin 7.3%
EBITDA · FY 2024
₹5.84 Cr
EBITDA margin 10.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹8.55 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹1.03 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
212
Provident fund records
About Harness Techniques (India) Private Limited
Data last updated:
Harness Techniques (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 29 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH1993PTC071351. Its GSTIN is 27AAACH6226N1ZC (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.55 Lakh. It is led by directors including Lalit Murarilal Mahboobani (Managing Director) and Anto Anthony Chirayath (Managing Director).
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 Office No. 701 7th Floor Agarwal B2B Centre Kanchpada Lane Malad (W), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.39 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.95 Cr (net margin 7.3%) and EBITDA of ₹5.84 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 18% over five years.
The company has about 212 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹1.03 Cr on record.
Harness Techniques (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0006468). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harnesstechniques.com.
Company details
CIN U31300MH1993PTC071351
Registration Number 071351
Incorporation Date 29 March 1993
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-17-0006468
Key People
Lalit Murarilal Mahboobani Managing Director Anto Anthony Chirayath Managing Director Sanjay Vanraj Negandhi Director Recognitions & Rankings of Harness Techniques (India)
Contact details
Harness Techniques (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is harnesstechniques.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 701 7th Floor Agarwal B2B Centre Kanchpada Lane Malad (W), Mumbai, Maharashtra, India – 400064
- IndustryManufacturing, Cable & Wire
To see the full contact details of Harness Techniques (India) Private Limited, buy the company report.
Comprehensive company report
Harness Techniques (India) 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 Harness Techniques (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Harness Techniques (India) Private Limited, buy the company report.
Financials of Harness Techniques (India) Private Limited
FY 2025 filings availableHarness Techniques (India) Private Limited reported revenue of ₹54.39 Cr (up 31% YoY) for FY 2024.
Revenue · FY 2024
₹54.39 Cr ▲ 31%
Net profit · FY 2024
₹3.95 Cr margin 7.3%
EBITDA · FY 2024
₹5.84 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 34%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 34%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 31% growth in the latest year. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹5.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.95 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 7.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Harness Techniques (India) Private Limited, buy the company report.
Board of directors of Harness Techniques (India) Private Limited
Harness Techniques (India) has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Murarilal Mahboobani Also directs: Component Hub (India)Private Limited | Managing Director | 29 Mar 1993 | 33 Years 6 Months | Current |
| Sanjay Vanraj Negandhi Also directs: Tesla Industrial Construction LLP, Macpro Technologies Private Limited, Component Hub (India)Private Limited and 4 more | Director | 29 Mar 1993 | 33 Years 6 Months | Current |
| Anto Anthony Chirayath Also directs: Tesla Industrial Construction LLP, Macpro Technologies Private Limited, Component Hub (India)Private Limited and 4 more | Managing Director | 29 Mar 1993 | 33 Years 6 Months | Current |
Auditor
Harness Techniques (India) Private Limited is audited by M.S. SHETH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.S. SHETH & ASSOCIATES | FY 2022 | 036500 |
Shareholding
The shareholding of Harness Techniques (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harness Techniques (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
₹1.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100710280 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 16 Oct 2021 | 100494294 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 24 Sep 2010 | 10242842 | Oriental Banl of Commerce | ₹50 Lakh | Satisfied | |
| 19 Feb 2010 | 10204353 | Oriental Bank of Commerce Limited | ₹2.65 Lakh | Satisfied | |
| 11 Jan 2000 | 90163969 | Oriental Bank of Commerce | ₹50 Lakh | Satisfied |
To see the full charge records of Harness Techniques (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Harness Techniques (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Harness Techniques (India) Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 1,383 overdue payments to 73 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 (5 of 73)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Miracle Cables (India ) Private Limited | |||
| an individual supplier | |||
| Component Hub (India)Private Limited | |||
| Industrial Glass Insulation | |||
| Fluorotech Engineering Private Limited |
To see the full MSME payment records of Harness Techniques (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harness Techniques (India) Private Limited has a workforce of 212 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
212
Active EPFO establishments
1
Employee growth
29.27%
GST
Harness Techniques (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH6226N1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harness Techniques (India) Private Limited, buy the company report.
Recent activity
Harness Techniques (India) Private Limited has 3 board changes on record since 1993: 3 appointments. The latest: Anto Anthony Chirayath was appointed as Managing Director on 29 Mar 1993.
Charges
A charge with Hdfc Bank Limited of Rs. 200.00 Lakh registered on 29 Mar 2023 with Charge ID 100710280 was modified on 04 Nov 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 50.00 Lakh registered on 16 Oct 2021 with Charge ID 100494294 was modified on 04 Nov 2025.
AGM
Harness Techniques (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Harness Techniques (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100710280 was registered on 29 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100494294 was registered on 16 Oct 2021.
Charges
A charge registered on 24 Sep 2010 via Charge ID 10242842 with Oriental Banl Of Commerce was fully satisfied on 22 Sep 2021.
Charges
A charge registered on 19 Feb 2010 via Charge ID 10204353 with Oriental Bank Of Commerce Limited was fully satisfied on 22 Sep 2021.
Charges
A charge registered on 11 Jan 2000 via Charge ID 90163969 with Oriental Bank Of Commerce was fully satisfied on 22 Sep 2021.
Charges
A charge with Oriental Banl Of Commerce of Rs. 50.00 Lakh registered on 24 Sep 2010 with Charge ID 10242842 was modified on 23 Mar 2013.
Charges
A charge with Oriental Bank Of Commerce of Rs. 50.00 Lakh registered on 11 Jan 2000 with Charge ID 90163969 was modified on 25 Sep 2010.
Charges
A charge with Oriental Banl Of Commerce amounted to Rs. 50.00 Lakh with Charge ID 10242842 was registered on 24 Sep 2010.
6 earlier events are in the company report.
Frequently asked questions
Harness Techniques (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 29 March 1993 (33+ years old) and is registered under CIN U31300MH1993PTC071351.
Harness Techniques (India) has 3 current directors:
- Lalit Murarilal Mahboobani - Managing Director
- Anto Anthony Chirayath - Managing Director
- Sanjay Vanraj Negandhi - Director
The latest financial statements of Harness Techniques (India) 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 Harness Techniques (India) is 27AAACH6226N1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Harness Techniques (India) is U31300MH1993PTC071351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harness Techniques (India) was incorporated on 29 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Anto Anthony Chirayath was appointed as Managing Director on 29 Mar 1993. Lalit Murarilal Mahboobani was appointed as Managing Director on 29 Mar 1993. Sanjay Vanraj Negandhi was appointed as Director on 29 Mar 1993.
Yes, Harness Techniques (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0006468).
Harness Techniques (India) has 9 MSME Form 1 returns on record between 2019 and 2023, listing 1,383 overdue payments to 73 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Harness Techniques (India) can be reached through the website harnesstechniques.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Harness Techniques (India) is at Office No. 701 7th Floor Agarwal B2B Centre Kanchpada Lane Malad W, Mumbai, Maharashtra, India – 400064.