- Category
- Medium (2020-21)
- Udyam number
- UDYAM-MH-26-0076975

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
Recognitions & Rankings of Harnex Systems
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 AddressPlot No. 112 Sctor 10 Pcntda Bhosari, Pune, Maharashtra, India – 411026
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Harnex Systems Private Limited, buy the company report.
- 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
Brands
Harnex Systems operates one associated brand: Harnex Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & 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 availableHarnex Systems Private Limited reported revenue of ₹121.18 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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 | ₹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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 5.1% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Kantilal Munot Also directs: Deepstambha Foundation | Director | 12 Jul 2012 | 14 Years 3 Months | Current |
| Rohan Rajendra Munot | Director | 12 Jul 2012 | 14 Years 3 Months | Current |
| Kantilal Gokuldas Munot | Director | 12 Jul 2012 | 14 Years 3 Months | Current |
| Devendra Vilas Gandhi | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
| Rohit Rajendra Munot Also directs: Movanta Exim LLP | Director | 27 Dec 2018 | 7 Years 9 Months | Current |
Auditor
Harnex Systems Private Limited is audited by S P C M & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P C M & ASSOCIATES | FY 2023 | 112165W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2021 | 100453082 | Hdfc Bank Limited | ₹9 Cr | Open |
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.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kantilal Gokuldas Munot HUF, Rajendra Kantilal Munot HUF |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: Rajendra Kantilal Munot HUF, Kantilal Gokuldas Munot HUF, an individual Seller: an individual |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Harnex Systems 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
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.
GST
Harnex Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH9974M1ZR | Maharashtra | Active | 01 Jul 2017 |
| 23AACCH9974M1ZZ | Madhya Pradesh | Active | 01 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.
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:
- Rajendra Kantilal Munot - Director
- Rohan Rajendra Munot - Director
- Kantilal Gokuldas Munot - Director
- Devendra Vilas Gandhi - Director
- Rohit Rajendra Munot - Director
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.