MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0031079
Harsha Welding Systems Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.94 Cr
▲ 32% YoY
Net profit · FY 2023
₹5.64 Lakh
Net margin 2.9%
EBITDA · FY 2023
₹10.71 Lakh
EBITDA margin 5.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Satisfied ₹25 Lakh
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
About Harsha Welding Systems Private Limited
Data last updated:
Harsha Welding Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 28 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2002PTC016864. Its GSTIN is 27AABCH1951K1ZJ (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Vandana Shiwahar Mare and Shiwahar Shiwaba Mare.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gat No – 53 Dehu – Alandi Road Talwade Tal – Haveli Dist – Pune Pune Maharashtra India – 411062, Maharashtra, India – 411062.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.94 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹5.64 Lakh (net margin 2.9%) and EBITDA of ₹10.71 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹25 Lakh on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 3 cases are pending.
Harsha Welding Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0031079). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harshawelding.in.
Company Details of Harsha Welding Systems Private Limited
CIN U29299PN2002PTC016864
Registration Number 016864
Incorporation Date 28 March 2002
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0031079
Recognitions & Rankings of Harsha Welding Systems
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGat No – 53 Dehu – Alandi Road Talwade Tal – Haveli Dist – Pune Pune Maharashtra India – 411062, Maharashtra, India – 411062
- IndustryMachinery and Equipment, Industrial Tools & Components
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Business Activity of Harsha Welding Systems Private Limited
The main business activity of Harsha Welding Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Harsha Welding Systems Private Limited FY 2023 filings available
Harsha Welding Systems Private Limited reported revenue of ₹1.94 Cr (up 32% YoY) for FY 2023.
Revenue · FY 2023
₹1.94 Cr ▲ 32%
Net profit · FY 2023
₹5.64 Lakh margin 2.9%
EBITDA · FY 2023
₹10.71 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR) of Harsha Welding Systems Private Limited
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 21%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 3%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 32% growth in the latest year. EBITDA fell 31% 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 of Harsha Welding Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹10.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.64 Lakh | •••• | •••• | •••• | •••• |
| 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 of Harsha Welding Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Harsha Welding Systems are in the company report.
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Financial statements from 2015
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Board of Directors of Harsha Welding Systems Private Limited
Harsha Welding Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Shiwahar Mare Also directs: Mare Autocomps Private Limited | Director | 28 Mar 2002 | 24 Years 6 Months | Current |
| Shiwahar Shiwaba Mare Also directs: Mare Autocomps Private Limited | Director | 28 Mar 2002 | 24 Years 6 Months | Current |
Peer Comparison of Harsha Welding Systems Private Limited
Harsha Welding Systems Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components, Welding). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mineworth Engineering Products Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Kolkata, West Bengal, India |
| Chanakya Wire Technics Private Limited | ₹1.95 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Everest Engineers & Tool Makers Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | West Bengal, India |
| Tamilnadu Engineering and Industries Private Limited | ₹1.95 Cr (FY 2024) | •••• | •••• | •••• | Tirupur, Tamil Nadu, India | |
| Parmo Welding Machines Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Rajkot, Gujarat, India |
| Harsha Welding Systems Private Limited this company | ₹1.94 Cr (FY 2023) | •••• | •••• | 32.0% | •••• | Pune, Maharashtra, India |
| Engicon Industries Private Limited | ₹1.94 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| GS Leaf Spring Private Limited | ₹1.94 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Indore, Madhya Pradesh, India |
| Akurath Enterprises Private Limited | ₹1.94 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| P S Rolls Private Limited | ₹1.94 Cr (FY 2024) | •••• | •••• | 225.0% | •••• | New Delhi, Delhi, India |
| Operose Industries Private Limited | ₹1.93 Cr (FY 2025) | •••• | •••• | 102.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Harsha Welding Systems by revenue in the Machinery and Equipment industry (Tools and Components, Welding), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Harsha Welding Systems Private Limited
Harsha Welding Systems Private Limited is audited by N P S R & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N P S R & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Harsha Welding Systems Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Harsha Welding Systems Private Limited
Open charges
₹60 Lakh
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2013 | State Bank of Hyderabad | ₹60 Lakh | Open |
| 24 Sep 2010 | State Bank of Hyderabad | ₹25 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Harsha Welding Systems Private Limited
Harsha Welding Systems Private Limited has 5 court cases on record: 1 filed by Harsha Welding Systems, 4 filed against it. 3 cases are pending and 2 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by S M Auto Engineering Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by SM Exhaust Technology Private Limited | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by S M Auto Engineering Pvt Ltd | Disposed |
| District court, Jamnagar, Gujarat | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
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Employees and EPFO Compliance at Harsha Welding Systems Private Limited
Employment history and EPFO contributions of people linked to Harsha Welding Systems.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Harsha Welding Systems Private Limited
Harsha Welding Systems Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Shiwahar Shiwaba Mare was appointed as Director on 28 Mar 2002.
AGM
Harsha Welding Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Harsha Welding Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Charges
A charge registered on 24 Sep 2010 via Charge ID 10246477 with State Bank Of Hyderabad was fully satisfied on 23 Jul 2013.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 60.00 Lakh with Charge ID 10441857 was registered on 18 Jul 2013.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 25.00 Lakh with Charge ID 10246477 was registered on 24 Sep 2010.
Appointed
Shiwahar Shiwaba Mare was appointed as Director.
Appointed
Vandana Shiwahar Mare was appointed as Director.
Incorporation
28 Mar 2002
Harsha Welding Systems Private Limited was registered on 28 Mar 2002 with Roc Pune & aged 24 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Harsha Welding Systems Private Limited
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MSME Payment Delays by Harsha Welding Systems Private Limited
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Subsidiaries & Group Companies of Harsha Welding Systems Private Limited
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GST Compliance of Harsha Welding Systems Private Limited
Harsha Welding Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH1951K1ZJ | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Harsha Welding Systems Private Limited
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Frequently Asked Questions about Harsha Welding Systems Private Limited
Harsha Welding Systems is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 28 March 2002 (24+ years old) and is registered under CIN U29299PN2002PTC016864.
Harsha Welding Systems reported revenue of ₹1.94 Cr for FY 2023 (up 32% YoY).
Harsha Welding Systems has 2 current directors:
- Vandana Shiwahar Mare - Director
- Shiwahar Shiwaba Mare - Director
Harsha Welding Systems reported a net profit of ₹5.64 Lakh (net margin 2.9%) and EBITDA of ₹10.71 Lakh (EBITDA margin 5.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harsha Welding Systems is 21% over three years and 4% over five years. In the latest year (FY 2023) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Harsha Welding Systems is 27AABCH1951K1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Harsha Welding Systems is U29299PN2002PTC016864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harsha Welding Systems has 5 court cases on record: 1 filed by the company and 4 filed against it. 3 are pending.
Harsha Welding Systems was incorporated on 28 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Harsha Welding Systems by revenue are Mineworth Engineering Products Private Limited, Chanakya Wire Technics Private Limited, Everest Engineers & Tool Makers Private Limited, Tamilnadu Engineering and Industries Private Limited, Parmo Welding Machines Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components, Welding).
Shiwahar Shiwaba Mare was appointed as Director on 28 Mar 2002. Vandana Shiwahar Mare was appointed as Director on 28 Mar 2002.