Harnex Systems Private Limited

Harnex Systems Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900PN2012PTC144008 Incorporated 12 July 2012 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company energy and power MSME · Medium
Data last updated
Revenue · FY 2025
₹121.18 Cr
▲ 14% YoY
Net profit · FY 2025
₹6.2 Cr
Net margin 5.1%
EBITDA · FY 2025
₹12.24 Cr
EBITDA margin 10.1%
Authorised capital
₹9.8 Cr
Registered with MCA
Paid-up capital
₹9.79 Cr
Issued & subscribed
Open charges
₹9 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
111
Provident fund records

About Harnex Systems Private Limited

Data last updated:

Harnex Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 12 July 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2012PTC144008. Its GSTIN is 27AACCH9974M1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹9.8 Cr and a paid-up capital of ₹9.79 Cr. It is led by directors including Rajendra Kantilal Munot and Rohan Rajendra Munot.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 112 Sctor 10 Pcntda Bhosari, Pune, Maharashtra, India – 411026.

As per the financials filed for FY 2025, the company reported a revenue of ₹121.18 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹6.2 Cr (net margin 5.1%) and EBITDA of ₹12.24 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 32% over five years.

The company has about 111 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Harnex Systems. As per MCA filings, the company has open charges of ₹9 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in February 2024.

Harnex Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0076975). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harnex.in.

Company details

CIN U74900PN2012PTC144008
Registration Number 144008
Incorporation Date 12 July 2012
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0076975

Recognitions & Rankings of Harnex Systems

MSME (Udyam registered) Ministry of MSME
Category
Medium (2020-21)
Udyam number
UDYAM-MH-26-0076975

Contact details

Harnex Systems Private Limited's registered office is in Pune, Maharashtra. Its website is harnex.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Plot No. 112 Sctor 10 Pcntda Bhosari, Pune, Maharashtra, India – 411026
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Harnex Systems Private Limited, buy the company report.

Comprehensive company report
Harnex Systems 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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Brands

Harnex Systems operates one associated brand: Harnex Systems. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of wiring and electrical components for automotive and industrial sectors.harnex.in

Business activity

The main business activity of Harnex Systems is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC12Repair & installation of machinery & equipment, motor vehicles

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

Financials of Harnex Systems Private Limited

FY 2024 filings available

Harnex Systems Private Limited reported revenue of ₹121.18 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹121.18 Cr ▲ 14%
Net profit · FY 2025
₹6.2 Cr margin 5.1%
EBITDA · FY 2025
₹12.24 Cr margin 10.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 33%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 47%
5 years · compounded
▲ 45%

Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 14% growth in the latest year. EBITDA rose 2% 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₹12.24 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.2 Cr
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 Margin10.1%
Net Profit Margin5.1%
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 Harnex Systems Private Limited, buy the company report.

Board of directors of Harnex Systems Private Limited

Harnex Systems has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajendra Kantilal MunotDirector12 Jul 201214 Years 3 MonthsCurrent
Rohan Rajendra MunotDirector12 Jul 201214 Years 3 MonthsCurrent
Kantilal Gokuldas MunotDirector12 Jul 201214 Years 3 MonthsCurrent
Devendra Vilas GandhiDirector17 Jun 20197 Years 4 MonthsCurrent
Rohit Rajendra MunotDirector27 Dec 20187 Years 9 MonthsCurrent

Auditor

Harnex Systems Private Limited is audited by S P C M & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S P C M & ASSOCIATESFY 2023112165W

Shareholding

The shareholding of Harnex Systems 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 Harnex Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹9.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 2021100453082Hdfc Bank Limited₹9 CrOpen

To see the full charge records of Harnex Systems Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Harnex Systems Private Limited has 3 deals on record (3 secondary share transfers); the latest was in February 2024.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Feb 2024Secondary share transferUndisclosedBuyer: an individual
Seller: Kantilal Gokuldas Munot HUF, Rajendra Kantilal Munot HUF
Oct 2013Secondary share transferUndisclosedBuyer: Rajendra Kantilal Munot HUF, Kantilal Gokuldas Munot HUF, an individual
Seller: an individual
May 2013Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Harnex Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Harnex Systems Private Limited has a workforce of 111 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
111
Active EPFO establishments
1
Employee growth
32.14%

GST

Harnex Systems has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AACCH9974M1ZRMaharashtraActive01 Jul 2017
23AACCH9974M1ZZMadhya PradeshActive01 Dec 2018

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

Recent activity

Harnex Systems Private Limited has 9 board changes on record since 2012: 7 appointments and 2 cessations. The latest: Devendra Vilas Gandhi was appointed as Director on 17 Jun 2019.

AGM
Harnex Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 9.00 Cr registered on 27 Mar 2021 with Charge ID 100453082 was modified on 23 Sep 2024.
Filing
Harnex Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100453082 was registered on 27 Mar 2021.
Appointed
Devendra Vilas Gandhi was appointed as Director.
Appointed
Rohit Rajendra Munot was appointed as Director.
Ceased
Sangita Rajendra Munot ceased to be Director.
Ceased
Vimal Kantilal Munot ceased to be Director.
Appointed
Kantilal Gokuldas Munot was appointed as Director.
Appointed
Rajendra Kantilal Munot was appointed as Director.
Appointed
Rohan Rajendra Munot was appointed as Director.
Appointed
Sangita Rajendra Munot was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Harnex Systems is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 12 July 2012 (14+ years old) and is registered under CIN U74900PN2012PTC144008.

Harnex Systems has 5 current directors:

The latest financial statements of Harnex Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Harnex Systems is 27AACCH9974M1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AACCH9974M1ZZ (Madhya Pradesh).

The CIN (Corporate Identification Number) of Harnex Systems is U74900PN2012PTC144008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Harnex Systems was incorporated on 12 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.

Harnex Systems has 3 deals on record (3 secondary share transfers); the latest was in February 2024.

Devendra Vilas Gandhi was appointed as Director on 17 Jun 2019. Rohit Rajendra Munot was appointed as Director on 27 Dec 2018. Sangita Rajendra Munot ceased to be Director on 15 Sep 2013. Harnex Systems has 9 board changes on record in total.

Yes, Harnex Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0076975).

Harnex Systems can be reached through the website harnex.in. Its registered office is in Pune, Maharashtra, India.