Harsh Precious Metals Private Limited

Harsh Precious Metals Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U27200MH1997PTC107027 Incorporated 02 April 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2024
₹74.66 Cr
▲ 82% YoY
Net profit · FY 2024
₹1.2 Cr
Net margin 1.6%
EBITDA · FY 2024
₹3.07 Cr
EBITDA margin 4.1%
Authorised capital
₹1.8 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹13.2 Cr
Satisfied ₹3.1 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
23
Provident fund records

About Harsh Precious Metals Private Limited

Data last updated:

Harsh Precious Metals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 02 April 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27200MH1997PTC107027. Its GSTIN is 27AAACH9370H1ZE (Maharashtra).

The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Vijaykumar Dhirajlal Gopani and Harsh Vijay Gopani.

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 7/8 Gokhale Roadlalita Society Vile Parle East, Mumbai, Maharashtra, India – 400057.

As per the financials filed for FY 2024, the company reported a revenue of ₹74.66 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Cr (net margin 1.6%) and EBITDA of ₹3.07 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 33% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹13.2 Cr and satisfied charges of ₹3.1 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.

Harsh Precious Metals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0036466). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hpm.in.

Company details

CIN U27200MH1997PTC107027
Registration Number 107027
Incorporation Date 02 April 1997
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-19-0036466

Recognitions & Rankings of Harsh Precious Metals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0036466

Contact details

Harsh Precious Metals Private Limited's registered office is in Mumbai, Maharashtra. Its website is hpm.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    7/8 Gokhale Roadlalita Society Vile Parle East, Mumbai, Maharashtra, India – 400057
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of Harsh Precious Metals Private Limited, buy the company report.

Comprehensive company report
Harsh Precious Metals 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 Harsh Precious Metals is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Harsh Precious Metals Private Limited, buy the company report.

Financials of Harsh Precious Metals Private Limited

FY 2024 filings available

Harsh Precious Metals Private Limited reported revenue of ₹74.66 Cr (up 82% YoY) for FY 2024.

Revenue · FY 2024
₹74.66 Cr ▲ 82%
Net profit · FY 2024
₹1.2 Cr margin 1.6%
EBITDA · FY 2024
₹3.07 Cr margin 4.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 47%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 27%
5 years · compounded
▲ 17%

Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 82% growth in the latest year. EBITDA rose 40% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.2 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.1%
Net Profit Margin1.6%
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 Harsh Precious Metals Private Limited, buy the company report.

Board of directors of Harsh Precious Metals Private Limited

Harsh Precious Metals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijaykumar Dhirajlal GopaniDirector02 Apr 199729 Years 6 MonthsCurrent
Harsh Vijay GopaniAdditional Director18 Jul 20251 Years 3 MonthsCurrent

Auditor

Harsh Precious Metals Private Limited is audited by Manish N. Shah for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Manish N. ShahFY 2023158736W

Shareholding

The shareholding of Harsh Precious Metals 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 Harsh Precious Metals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.2 Cr
Satisfied charges
₹3.1 Cr
Breakdown by lending institutions
Others₹8.36 Cr
State Bank of India₹4.84 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Dec 2021100527747Others₹39.5 LakhOpen
17 Aug 2020100413271State Bank of India₹4.84 CrOpen
23 Jun 201210364883Others₹7.96 CrOpen
06 Oct 2017100130260Others₹1.5 CrSatisfied
20 Aug 201510587109Bank of Baroda (Vile Parle Branch)₹90 LakhSatisfied

To see the full charge records of Harsh Precious Metals Private Limited, buy the company report.

Total charge records: 7 View all charges

Credit ratings & regulatory alerts

Harsh Precious Metals Private Limited was last rated by Care on 08 Jul 2022.

Rating agencyRated onRating
Care08 Jul 2022

To see the full credit ratings and regulatory alerts of Harsh Precious Metals Private Limited, buy the company report.

MSME payment delays

Harsh Precious Metals Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 211 overdue payments to 31 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 31)

SupplierAmount dueDue sinceReported on
Group 7 Guards (India) Private Limited
an individual supplier
an individual supplier
Darshan Jewel Tools Private Limited
an individual supplier

To see the full MSME payment records of Harsh Precious Metals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Harsh Precious Metals Private Limited has a workforce of 23 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
21.05%

GST

Harsh Precious Metals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACH9370H1ZEMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Harsh Precious Metals Private Limited, buy the company report.

Recent activity

Harsh Precious Metals Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Nita Vijaykumar Gopani ceased to be Director on 31 Jul 2025.

Ceased
Nita Vijaykumar Gopani ceased to be Director.
Appointed
Harsh Vijay Gopani was appointed as Additional Director.
AGM
Harsh Precious Metals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 4.84 Cr registered on 17 Aug 2020 with Charge ID 100413271 was modified on 31 Aug 2024.
Filing
Harsh Precious Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 7.96 Cr registered on 23 Jun 2012 with Charge ID 10364883 was modified on 27 Dec 2022.
Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100527747 was registered on 22 Dec 2021.
Charges
A charge with State Bank Of India amounted to Rs. 4.84 Cr with Charge ID 100413271 was registered on 17 Aug 2020.
Charges
A charge registered on 06 Oct 2017 via Charge ID 100130260 with Others was fully satisfied on 04 Jul 2018.
Charges
A charge registered on 20 Aug 2015 via Charge ID 10587109 with Bank Of Baroda (Vile Parle Branch) was fully satisfied on 04 Jul 2018.
Charges
A charge registered on 15 Nov 2014 via Charge ID 10534209 with Bank Of Baroda (Vile Parle Branch) was fully satisfied on 04 Jul 2018.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100130260 was registered on 06 Oct 2017.

7 earlier events are in the company report.

Frequently asked questions

Harsh Precious Metals is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 02 April 1997 (29+ years old) and is registered under CIN U27200MH1997PTC107027.

Harsh Precious Metals has 2 current directors:

The latest financial statements of Harsh Precious Metals 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 Harsh Precious Metals is 27AAACH9370H1ZE, registered in Maharashtra.

The CIN (Corporate Identification Number) of Harsh Precious Metals is U27200MH1997PTC107027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Harsh Precious Metals has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

Harsh Precious Metals was incorporated on 02 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.

Nita Vijaykumar Gopani ceased to be Director on 31 Jul 2025. Harsh Vijay Gopani was appointed as Additional Director on 18 Jul 2025. Vijaykumar Dhirajlal Gopani was appointed as Director on 02 Apr 1997.

Yes, Harsh Precious Metals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0036466).

Harsh Precious Metals has 8 MSME Form 1 returns on record between 2019 and 2024, listing 211 overdue payments to 31 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Harsh Precious Metals can be reached through the website hpm.in. Its registered office is in Mumbai, Maharashtra, India.