MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0055332
Harris Brushes India Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹119.93 Cr
▼ 8% YoY
Net profit · FY 2025
₹5.75 Cr
Net margin 4.8%
EBITDA · FY 2025
₹9.08 Cr
EBITDA margin 7.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.15 Cr
No open charges
Company age
15 yrs
Est. 2011
Employees · EPFO
35
Provident fund records
About Harris Brushes India Private Limited
Data last updated:
Harris Brushes India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 17 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74930MH2011PTC223996. Its GSTIN is 27AACCH8545A1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Harris Epcoat (India) Private Limited. It is led by directors including Harshit Surendra Shah (Managing Director) and Vaishali Harshit Shah.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹119.93 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.75 Cr (net margin 4.8%) and EBITDA of ₹9.08 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.15 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in August 2012. The company has 8 MSME Form 1 returns on record between 2019 and 2024, listing 31 overdue payments to 10 micro and small suppliers.
Harris Brushes India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0055332). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harrisbrushes.in.
Company details
CIN U74930MH2011PTC223996
Registration Number 223996
Incorporation Date 17 November 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0055332
Key People
Harshit Surendra Shah Managing Director Vaishali Harshit Shah Director Nicolas Leeson Director Recognitions & Rankings of Harris Brushes India
Contact details
Harris Brushes India Private Limited's registered office is in Mumbai, Maharashtra. Its website is harrisbrushes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address207 Nav Vivek Industrial Premises Society Mogul Lane, Mahim (W), Mumbai, Maharashtra, India – 400016
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Harris Brushes India Private Limited, buy the company report.
Comprehensive company report
Harris Brushes 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Harris Brushes India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Harris Brushes India Private Limited, buy the company report.
Financials of Harris Brushes India Private Limited
FY 2025 filings availableHarris Brushes India Private Limited reported revenue of ₹119.93 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹119.93 Cr ▼ 8%
Net profit · FY 2025
₹5.75 Cr margin 4.8%
EBITDA · FY 2025
₹9.08 Cr margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 55%
5 years · compounded
▲ 7%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 5% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.75 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Harris Brushes India Private Limited, buy the company report.
Board of directors of Harris Brushes India Private Limited
Harris Brushes India has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshit Surendra Shah | Managing Director | 17 Nov 2011 | 14 Years 11 Months | Current |
| Vaishali Harshit Shah | Director | 17 Nov 2011 | 14 Years 11 Months | Current |
| Nicolas Leeson | Director | 07 Jun 2024 | 2 Years 4 Months | Current |
| Christopher James Wood | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Victoria Louise Philemon | Director | 19 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Harris Brushes India Private Limited is audited by Niranjan V Shah& Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Niranjan V Shah& Associates | FY 2023 | 123291W |
Shareholding
The shareholding of Harris Brushes India 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 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 Harris Brushes India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2020 | 100379059 | Others | ₹9.65 Lakh | Satisfied | |
| 16 Mar 2020 | 100379066 | Others | ₹5.07 Lakh | Satisfied | |
| 07 Nov 2012 | 10428485 | Deutsche Bank | ₹1 Cr | Satisfied |
To see the full charge records of Harris Brushes India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Harris Brushes India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in August 2012.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: L G Harris & CO Limited Seller: Epcoat Surface Finishing Technologies Private Limited |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Epcoat Surface Finishing Technologies Private Limited Seller: 2 individuals |
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 Harris Brushes 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
Harris Brushes India Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 31 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aura FMS Private Limited | |||
| Dexters Logistics Private Limited | |||
| an individual supplier | |||
| Starke International Exim Private Limited | |||
| N Square Automation |
To see the full MSME payment records of Harris Brushes India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harris Brushes India Private Limited has a workforce of 35 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
Employee count
35
Active EPFO establishments
2
Employee growth
-10.26%
GST
Harris Brushes India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH8545A1ZR | Maharashtra | Active | 01 Jul 2017 |
| 33AACCH8545A1ZY | Tamil Nadu | Active | 19 Feb 2020 |
To see the full GST registrations and return filing status of Harris Brushes India Private Limited, buy the company report.
Recent activity
Harris Brushes India Private Limited has 14 board changes on record since 2011: 5 appointments and 9 cessations. The latest: Victoria Louise Philemon ceased to be Additional Director on 01 Sep 2025.
AGM
Harris Brushes India Private Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Ceased
Victoria Louise Philemon ceased to be Additional Director.
Appointed
Victoria Louise Philemon was appointed as Director.
Filing
Harris Brushes India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Christopher James Wood ceased to be Additional Director.
Ceased
Nicolas Leeson ceased to be Additional Director.
Appointed
Christopher James Wood was appointed as Director.
Appointed
Nicolas Leeson was appointed as Director.
Ceased
Johannes Arbo Hoeg ceased to be Director.
Charges
A charge registered on 16 Mar 2020 via Charge ID 100379066 with Others was fully satisfied on 24 Mar 2023.
Charges
A charge registered on 17 Mar 2020 via Charge ID 100379059 with Others was fully satisfied on 13 Mar 2023.
Ceased
Sjur Berild Hjelle ceased to be Additional Director.
11 earlier events are in the company report.
Frequently asked questions
Harris Brushes India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 17 November 2011 (15+ years old) and is registered under CIN U74930MH2011PTC223996.
Harris Brushes India has 5 current directors:
- Harshit Surendra Shah - Managing Director
- Vaishali Harshit Shah - Director
- Nicolas Leeson - Director
- Christopher James Wood - Director
- Victoria Louise Philemon - Director
The latest financial statements of Harris Brushes India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harris Brushes India is 27AACCH8545A1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCH8545A1ZY (Tamil Nadu).
The CIN (Corporate Identification Number) of Harris Brushes India is U74930MH2011PTC223996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harris Brushes India was incorporated on 17 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Harris Brushes India has 2 deals on record (2 secondary share transfers); the latest was in August 2012.
Victoria Louise Philemon ceased to be Additional Director on 01 Sep 2025. Victoria Louise Philemon was appointed as Director on 19 Aug 2025. Christopher James Wood ceased to be Additional Director on 09 Sep 2024. Harris Brushes India has 14 board changes on record in total.
Yes, Harris Brushes India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0055332).
Harris Brushes India has 8 MSME Form 1 returns on record between 2019 and 2024, listing 31 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Harris Brushes India can be reached through the website harrisbrushes.in. Its registered office is in Mumbai, Maharashtra, India.