About Harsco India Private Limited
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Harsco India Private Limited is a foreign private limited company based in Hyderabad, Telangana, India, a subsidiary of Harsco Investment Europe B.V. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 16 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2008FTC059201. Its GSTIN is 36AACCH0555L1ZJ (Telangana). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹96 Cr and a paid-up capital of ₹57.43 Cr. It is led by directors including Manjunath Raghavelu and Sivakumar.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹468.42 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹65.09 Cr (net margin 13.9%) and EBITDA of ₹145.57 Cr (EBITDA margin 31.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 15% over five years.
The company has about 126 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹20.3 Cr and satisfied charges of ₹76.22 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 4 cases are pending. The company has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹136.67 Cr; the latest was in February 2022. Its 4 peer companies in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Pennar Engineered Building Systems Limited with revenue of ₹531.88 Cr. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 23 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harsco.com.
Company details
CIN history
Harsco India has one previous CIN (Corporate Identification Number): U74900AP2008FTC059201. The current CIN is U74900TG2008FTC059201, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG2008FTC059201 | Current |
| U74900AP2008FTC059201 | Previous |
Contact details
Harsco India Private Limited's registered office is in Hyderabad, Telangana. Its website is harsco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8th Floor Western Aqua Plot No. 1 – 4, Survey No.8 Kondapur Village Serilingampally, Hyderabad, Telangana, India – 500084
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Harsco India 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
Business activity
The main business activity of Harsco India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Harsco India Private Limited, buy the company report.
Financials of Harsco India Private Limited
FY 2025 filings availableHarsco India Private Limited reported revenue of ₹468.42 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 19% growth in the latest year. EBITDA rose 9% 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 |
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| EBITDA | ₹145.57 Cr | ||||
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| Net Profit (PAT) | ₹65.09 Cr | ||||
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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 | 31.1% | ||||
| Net Profit Margin | 13.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Harsco India Private Limited, buy the company report.
Board of directors of Harsco India Private Limited
Harsco India has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Raghavelu | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Sivakumar Also directs: Enviri India Services Private Limited | Director | 25 Oct 2017 | 9 Years 0 Months | Current |
| Samuel Carl Fenice Also directs: Enviri India Services Private Limited | Director | 28 Aug 2020 | 6 Years 1 Months | Current |
Peer comparison
Harsco India Private Limited is compared with the 4 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pennar Engineered Building Systems Limited | ₹531.88 Cr (FY 2018) | -4.0% | Hyderabad, Andhra Pradesh, India | |||
| Model Infra Corporation Private Limited | ₹518.45 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| Harsco India Private Limitedthis company | ₹468.42 Cr (FY 2025) | ₹65.09 Cr | 13.9% | 19.0% | 126 | Hyderabad, Telangana, India |
| Tembo Global Industries Limited | ₹439.5 Cr (FY 2024) | 76.0% | Navi Mumbai, Maharashtra, India | |||
| Vijay Transmission Private Limited | ₹427.18 Cr (FY 2025) | 26.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Harsco India Private Limited, buy the company report.
Auditor
Harsco India Private Limited is audited by LAXMINIWAS & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAXMINIWAS & CO | FY 2023 | 011168S |
Shareholding
The shareholding of Harsco 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 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 Harsco India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2019 | 100248404 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 25 Nov 2016 | 100069801 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Lakh | Open | |
| 03 Sep 2021 | 100474836 | The Hongkong and Shanghai Banking Corporation Limited | ₹9.97 Cr | Satisfied | |
| 31 Dec 2012 | 10402603 | The Hongkong and Shanghai Banking Corporation Limited | ₹66.25 Cr | Satisfied |
To see the full charge records of Harsco India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Harsco India Private Limited has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹136.67 Cr; the latest was in February 2022.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Funding round | ₹37 Cr | Investors: Harsco Investments Europe BV |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: Harsco Investments Europe BV Seller: Fusion Lastek Technologies Private Limited, Ganapathy Finance & Investment Company |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Harsco Investments Europe BV Seller: Fusion Lastek Technologies Private Limited, Ganapathy Finance & Investment Company |
| Feb 2015 | Funding round | ₹9.42 Cr | Investors: Fusion Lastek Technologies Private Limited, Ganapathy Finance & Investment Company |
| May 2014 | Funding round | ₹37.13 Cr | Investors: Harsco Investments Europe BV, Ganapathy Finance & Investment Company, Fusion Lastek Technologies Private Limited |
To see the full deal history of Harsco India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Harsco India Private Limited has 17 court cases on record: 12 filed by Harsco India, 5 filed against it. 4 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 4 | 2 |
| District courts | 8 | 1 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed by the company against Met Kore Alloys and Industries Ltd, and 6 others | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by Magsort India Pvt Ltd | Disposed |
| District court, Hyderabad Central, Telangana | Appeal | Filed by the company against M/S. Magsort India Private Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against Shamel Projects India Private Limited | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 2 Others and 3 others | Pending |
To see the full case history of Harsco India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Harsco India Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 23 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fluiconnecto India Private Limited | |||
| D Eeagle I Securitas | |||
| Corrival Corporate Services Private Limited | |||
| Instantel Hydraulic Solutions Private Limited | |||
| Addonix |
To see the full MSME payment records of Harsco India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Harsco India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Harsco India Metals Private Limited | U27100TG2010PTC069079 |
To see the full group structure of Harsco India Private Limited, buy the company report.
Employees & EPFO
Harsco India Private Limited has a workforce of 126 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Harsco India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCH0555L1ZJ | Telangana | Active | 01 Jul 2017 |
| 36AACCH0555L2ZI | Telangana | Active | 30 May 2024 |
| 21AACCH0555L1ZU | Odisha | Active | 01 Jul 2017 |
| 29AACCH0555L1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harsco India Private Limited, buy the company report.
Recent activity
Harsco India Private Limited has 19 board changes on record since 2009: 3 appointments and 16 cessations. The latest: Manjunath Raghavelu ceased to be Additional Director on 29 Aug 2024.
18 earlier events are in the company report.
Frequently asked questions
Harsco India is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 16 May 2008 (18+ years old) and is registered under CIN U74900TG2008FTC059201.
Harsco India has 3 current directors:
- Manjunath Raghavelu - Director
- Sivakumar - Director
- Samuel Carl Fenice - Director
The latest financial statements of Harsco India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harsco India is 36AACCH0555L1ZJ, registered in Telangana. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 36AACCH0555L2ZI (Telangana), 21AACCH0555L1ZU (Odisha), 29AACCH0555L1ZE (Karnataka).
The CIN (Corporate Identification Number) of Harsco India is U74900TG2008FTC059201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harsco India has 17 court cases on record: 12 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.
Harsco India was incorporated on 16 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Harsco India has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹136.67 Cr; the latest was in February 2022.
The peers of Harsco India by revenue are Pennar Engineered Building Systems Limited, Model Infra Corporation Private Limited, Tembo Global Industries Limited, Vijay Transmission Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Manjunath Raghavelu ceased to be Additional Director on 29 Aug 2024. Manjunath Raghavelu was appointed as Director on 01 Jun 2024. Samuel Carl Fenice ceased to be Additional Director on 30 Sep 2020. Harsco India has 19 board changes on record in total.
Harsco India has 4 MSME Form 1 returns on record between 2021 and 2023, listing 23 overdue payments to 6 micro and small suppliers. The latest return was filed on 03 Jan 2024.
Harsco India can be reached through the website harsco.com. Its registered office is in Hyderabad, Telangana, India.