MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0013673
Harshal Control Systems Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹77.66 Cr
▲ 37% YoY
Net profit · FY 2024
₹2.03 Cr
Net margin 2.6%
EBITDA · FY 2024
₹4.2 Cr
EBITDA margin 5.4%
Authorised capital
₹1.8 Cr
Registered with MCA
Paid-up capital
₹25.03 Lakh
Issued & subscribed
Open charges
₹13.76 Cr
Satisfied ₹11.62 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
32
Provident fund records
About Harshal Control Systems Private Limited
Data last updated:
Harshal Control Systems Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29150MH2004PTC148375. Its GSTIN is 27AABCH4636F1ZQ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹25.03 Lakh. It is led by directors including Harashala Ashok Nakman and Jyoti Ashok Nakman.
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 Plot – B 25/1 Ttc Industrial Area MIDC Area Rabale, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.66 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.03 Cr (net margin 2.6%) and EBITDA of ₹4.2 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.76 Cr and satisfied charges of ₹11.62 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Harshal Control Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0013673). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hcsystems.co.in.
Company details
CIN U29150MH2004PTC148375
Registration Number 148375
Incorporation Date 02 September 2004
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 Medium
Udyam Registration UDYAM-MH-18-0013673
Key People
Ashok Mallapa Nakman Additional Director Harashala Ashok Nakman Director Jyoti Ashok Nakman Director Recognitions & Rankings of Harshal Control Systems
Contact details
Harshal Control Systems Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is hcsystems.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot – B 25/1 Ttc Industrial Area MIDC Area Rabale, Navi Mumbai, Maharashtra, India – 400701
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Harshal Control Systems Private Limited, buy the company report.
Comprehensive company report
Harshal Control Systems 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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Secure checkout · GST invoice included
Business activity
The main business activity of Harshal Control Systems 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 Harshal Control Systems Private Limited, buy the company report.
Financials of Harshal Control Systems Private Limited
FY 2024 filings availableHarshal Control Systems Private Limited reported revenue of ₹77.66 Cr (up 37% YoY) for FY 2024.
Revenue · FY 2024
₹77.66 Cr ▲ 37%
Net profit · FY 2024
₹2.03 Cr margin 2.6%
EBITDA · FY 2024
₹4.2 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 33%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 109%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 37% growth in the latest year. EBITDA rose 44% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹4.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.03 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Harshal Control Systems Private Limited, buy the company report.
Board of directors of Harshal Control Systems Private Limited
Harshal Control Systems has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Mallapa Nakman Also directs: Sai Freshlife Private Limited | Additional Director | 02 Sep 2008 | 18 Years 1 Months | Current |
| Harashala Ashok Nakman | Director | 02 Sep 2004 | 22 Years 1 Months | Current |
| Jyoti Ashok Nakman | Director | 30 Sep 2017 | 9 Years 0 Months | Current |
| Harish Ashok Nakman | Director | 02 Sep 2004 | 22 Years 1 Months | Current |
Auditor
Harshal Control Systems Private Limited is audited by DINESH PAI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH PAI & CO. | FY 2023 | 102608W |
Shareholding
The shareholding of Harshal Control Systems 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 Harshal Control Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.76 Cr
Satisfied charges
₹11.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2022 | 100527622 | Sidbi | ₹18 Lakh | Open | |
| 16 Apr 2021 | 100440053 | Hdfc Bank Limited | ₹13.5 Lakh | Open | |
| 22 Jan 2021 | 100411137 | Sidbi | ₹64.42 Lakh | Open | |
| 14 Dec 2020 | 100422030 | Hdfc Bank Limited | ₹5.44 Lakh | Open | |
| 04 Mar 2015 | 10555042 | Hdfc Bank Limited | ₹12.44 Cr | Open |
To see the full charge records of Harshal Control Systems Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Harshal Control Systems Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Pending |
To see the full case history of Harshal Control Systems 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
Harshal Control Systems Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 92 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Taha International | |||
| an individual supplier | |||
| Kun-Chem Pretreatments Pvt Ltd | |||
| Shree CNG Engineers | |||
| an individual supplier |
To see the full MSME payment records of Harshal Control Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harshal Control Systems Private Limited has a workforce of 32 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
GST
Harshal Control Systems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH4636F1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 29AABCH4636F1ZM | Karnataka | Active | 12 Dec 2017 |
To see the full GST registrations and return filing status of Harshal Control Systems Private Limited, buy the company report.
Recent activity
Harshal Control Systems Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Rawsab Malappa Nakman ceased to be Additional Director on 27 Feb 2024.
AGM
Harshal Control Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Harshal Control Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Rawsab Malappa Nakman ceased to be Additional Director.
Charges
A charge with Sidbi amounted to Rs. 0.18 Cr with Charge ID 100527622 was registered on 27 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100440053 was registered on 16 Apr 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 12.44 Cr registered on 04 Mar 2015 with Charge ID 10555042 was modified on 10 Mar 2021.
Charges
A charge with Sidbi amounted to Rs. 0.64 Cr with Charge ID 100411137 was registered on 22 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100422030 was registered on 14 Dec 2020.
Appointed
Jyoti Ashok Nakman was appointed as Director.
Charges
A charge registered on 28 Jan 2010 via Charge ID 10203903 with Canara Bank was fully satisfied on 25 Aug 2015.
Charges
A charge registered on 19 Sep 2008 via Charge ID 10127803 with Canara Bank was fully satisfied on 14 Mar 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.44 Cr with Charge ID 10555042 was registered on 04 Mar 2015.
11 earlier events are in the company report.
Frequently asked questions
Harshal Control Systems is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 02 September 2004 (22+ years old) and is registered under CIN U29150MH2004PTC148375.
Harshal Control Systems has 4 current directors:
- Ashok Mallapa Nakman - Additional Director
- Harashala Ashok Nakman - Director
- Jyoti Ashok Nakman - Director
- Harish Ashok Nakman - Director
The latest financial statements of Harshal Control Systems 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 Harshal Control Systems is 27AABCH4636F1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCH4636F1ZM (Karnataka).
The CIN (Corporate Identification Number) of Harshal Control Systems is U29150MH2004PTC148375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshal Control Systems has 1 court case on record: 1 filed against it. 1 is pending.
Harshal Control Systems was incorporated on 02 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Rawsab Malappa Nakman ceased to be Additional Director on 27 Feb 2024. Jyoti Ashok Nakman was appointed as Director on 30 Sep 2017. Selwyn Dennis Dsouza ceased to be Additional Director on 19 Oct 2013. Harshal Control Systems has 6 board changes on record in total.
Yes, Harshal Control Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0013673).
Harshal Control Systems has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 92 overdue payments to 11 micro and small suppliers. The latest return was filed on 23 Jul 2019.
Harshal Control Systems can be reached through the website hcsystems.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.