India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,320 Harish Rangwala & family ₹1,700 Cr
- #1,374 Rajendra Shantilal Shah & family ₹1,600 Cr
Revenue · FY 2025
₹9.3 Cr
▲ 329% YoY
Net profit · FY 2025
₹79.57 Lakh
Net margin 8.6%
EBITDA · FY 2025
₹1.89 Cr
EBITDA margin 20.3%
Authorised capital
₹150.1 Cr
Registered with MCA
Paid-up capital
₹150.1 Cr
Issued & subscribed
Open charges
₹280 Cr
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
5
As per MCA filings
About Harsha Engineers Advantek Limited
Data last updated:
Harsha Engineers Advantek Limited is a public limited company based in Sanand, Gujarat, India, a subsidiary of Harsha Engineers International Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 14 March 2023.
Its director Harish Rangwala and family are #1,320 among India's richest people (2026). Its director Rajendra Shantilal Shah and family are #1,374 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28140GJ2023PLC139182. Its GSTIN is 24AAGCH6885F1ZC (Gujarat).
The company has an authorised share capital of ₹150.1 Cr and a paid-up capital of ₹150.1 Cr. It is led by directors including Pilak Rajendra Shah (Managing Director) and Hetal Brijesh Ukani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sarkhej – Bavla Road, Sanand, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹79.57 Lakh (net margin 8.6%) and EBITDA of ₹1.89 Cr (EBITDA margin 20.3%).
As per MCA filings, the company has open charges of ₹280 Cr on record.
For more details, the company can be reached via its website harshaengineers.com.
Company details
CIN U28140GJ2023PLC139182
Registration Number 139182
Incorporation Date 14 March 2023
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Harsha Engineers International Limited
Key People
Pilak Rajendra Shah Managing Director Hetal Brijesh Ukani Whole-Time Director Rajendra Shantilal Shah Whole-Time Director Recognitions & Rankings of Harsha Engineers Advantek
Contact details
Harsha Engineers Advantek Limited's registered office is in Sanand, Gujarat. Its website is harshaengineers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSarkhej – Bavla Road, Sanand, Gujarat, India – 382213
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Harsha Engineers Advantek Limited, buy the company report.
Comprehensive company report
Harsha Engineers Advantek 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 Harsha Engineers Advantek 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 Harsha Engineers Advantek Limited, buy the company report.
Financials of Harsha Engineers Advantek Limited
FY 2025 filings availableHarsha Engineers Advantek Limited reported revenue of ₹9.3 Cr (up 329% YoY) for FY 2025.
Revenue · FY 2025
₹9.3 Cr ▲ 329%
Net profit · FY 2025
₹79.57 Lakh margin 8.6%
EBITDA · FY 2025
₹1.89 Cr margin 20.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 329%
Revenue rose 329% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.89 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹79.57 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
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| Inventories | |||
| Trade Receivables | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 20.3% | ||
| Net Profit Margin | 8.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Harsha Engineers Advantek Limited, buy the company report.
Board of directors of Harsha Engineers Advantek Limited
Harsha Engineers Advantek has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hetal Brijesh Ukani | Whole-Time Director | 10 Sep 2024 | 2 Years 1 Months | Current |
| Rajendra Shantilal Shah Also directs: Harsha Engineers International Limited, Transformers and Rectifiers (India) Limited, Ratnamani Metals and Tubes Limited and 1 more | Whole-Time Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Pilak Rajendra Shah Also directs: Harsha Engineers International Limited | Managing Director | 14 Mar 2023 | 3 Years 7 Months | Current |
| Harish Ranjit Rangwala Also directs: Harsha Engineers International Limited, Cleanmax Harsha Solar LLP, Goldi Harsha Ventures LLP and 2 more | Whole-Time Director | 14 Mar 2023 | 3 Years 7 Months | Current |
| Vishal Harish Rangwala Also directs: Harsha Engineers International Limited, First Light Asset Management Private Limited, Daylight Solar Private Limited and 2 more | Whole-Time Director | 05 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Harsha Engineers Advantek Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Rigi Cut Tools Private Limited | ₹9.37 Cr (FY 2024) | 22.0% | Pune, Maharashtra, India | |||
| Magtech Mobile Spares Private Limited | ₹9.3 Cr (FY 2025) | 149.0% | Mumbai, Maharashtra, India | |||
| Harsha Engineers Advantek Limitedthis company | ₹9.3 Cr (FY 2025) | ₹79.57 Lakh | 8.6% | 329.0% | Sanand, Gujarat, India | |
| V-Transsystem Technology Private Limited | ₹9.27 Cr (FY 2025) | 78.0% | Pune, Maharashtra, India |
To see the full peer comparison of Harsha Engineers Advantek Limited, buy the company report.
Auditor
Harsha Engineers Advantek Limited is audited by Pankaj R. Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pankaj R. Shah & Associates | FY 2023 | 107361W |
Shareholding
The shareholding of Harsha Engineers Advantek Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Harsha Engineers Advantek Limited, buy the company report.
Charges & borrowings
Open charges
₹280 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2025 | 101089477 | Hdfc Bank Limited | ₹280 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Harsha Engineers Advantek 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 Harsha Engineers Advantek Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harsha Engineers Advantek has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCH6885F1ZC | Gujarat | Active | 18 Apr 2023 |
To see the full GST registrations and return filing status of Harsha Engineers Advantek Limited, buy the company report.
Recent activity
Harsha Engineers Advantek Limited has 12 board changes on record since 2023: 6 appointments and 6 cessations. The latest: Hetal Brijesh Ukani was appointed as Whole-Time Director on 10 Sep 2024.
AGM
Harsha Engineers Advantek Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 280.00 Cr with Charge ID 101089477 was registered on 09 Apr 2025.
Filing
Harsha Engineers Advantek Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Hetal Brijesh Ukani was appointed as Whole-Time Director.
Ceased
Harish Ranjit Rangwala ceased to be Director.
Ceased
Pilak Rajendra Shah ceased to be Director.
Ceased
Rajendra Shantilal Shah ceased to be Additional Director.
Ceased
Vishal Harish Rangwala ceased to be Additional Director.
Ceased
Hetal Brijesh Ukani ceased to be Director.
Appointed
Rajendra Shantilal Shah was appointed as Whole-Time Director.
Ceased
Tanvi Vishal Rangwala ceased to be Director.
Appointed
Vishal Harish Rangwala was appointed as Whole-Time Director.
4 earlier events are in the company report.
News
Frequently asked questions
Harsha Engineers Advantek is an active public limited company based in Sanand, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 14 March 2023 (3+ years old) and is registered under CIN U28140GJ2023PLC139182.
Harsha Engineers Advantek has 5 current directors:
- Pilak Rajendra Shah - Managing Director
- Hetal Brijesh Ukani - Whole-Time Director
- Rajendra Shantilal Shah - Whole-Time Director
- Harish Ranjit Rangwala - Whole-Time Director
- Vishal Harish Rangwala - Whole-Time Director
The latest financial statements of Harsha Engineers Advantek on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Harsha Engineers Advantek is 24AAGCH6885F1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Harsha Engineers Advantek is U28140GJ2023PLC139182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harsha Engineers Advantek was incorporated on 14 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Harsha Engineers Advantek by revenue are Rigi Cut Tools Private Limited, Magtech Mobile Spares Private Limited, V-Transsystem Technology Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Hetal Brijesh Ukani was appointed as Whole-Time Director on 10 Sep 2024. Harish Ranjit Rangwala ceased to be Director on 18 Dec 2023. Pilak Rajendra Shah ceased to be Director on 18 Dec 2023. Harsha Engineers Advantek has 12 board changes on record in total.
Harsha Engineers Advantek can be reached through the website harshaengineers.com. Its registered office is in Sanand, Gujarat, India.
The registered office of Harsha Engineers Advantek is at Sarkhej – Bavla Road, Sanand, Gujarat, India – 382213.
Harsha Engineers Advantek operates in the machinery and equipment industry, in the industrial tools and components segment.