MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0012968
Harshal Electrical Private Limited - energy and power in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.2 Cr
▼ 30% YoY
Net profit · FY 2025
₹11.48 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹17.48 Lakh
EBITDA margin 2.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.21 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
179
Provident fund records
About Harshal Electrical Private Limited
Data last updated:
Harshal Electrical Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 07 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2009PTC057466. Its GSTIN is 24AACCH2414G2Z4 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vaishali Ketankumar Modha and Ketankumar Laxmidas Modha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M – 21 22 23 Mahalaxmi Market Near Gurudwara Udhna Main Road, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.2 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹11.48 Lakh (net margin 1.9%) and EBITDA of ₹17.48 Lakh (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
The company has about 179 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.21 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Harshal Electrical Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0012968). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harshalgroup.com.
Company details
CIN U31900GJ2009PTC057466
Registration Number 057466
Incorporation Date 07 July 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0012968
Recognitions & Rankings of Harshal Electrical
Contact details
Harshal Electrical Private Limited's registered office is in Surat, Gujarat. Its website is harshalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressM – 21 22 23 Mahalaxmi Market Near Gurudwara Udhna Main Road, Surat, Gujarat, India – 394210
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Harshal Electrical Private Limited, buy the company report.
Comprehensive company report
Harshal Electrical 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Harshal Electrical is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Harshal Electrical Private Limited, buy the company report.
Financials of Harshal Electrical Private Limited
FY 2025 filings availableHarshal Electrical Private Limited reported revenue of ₹6.2 Cr (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹6.2 Cr ▼ 30%
Net profit · FY 2025
₹11.48 Lakh margin 1.9%
EBITDA · FY 2025
₹17.48 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 8%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 25%
5 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 30% fall 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 | ₹17.48 Lakh | ||||
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| Net Profit (PAT) | ₹11.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Harshal Electrical Private Limited, buy the company report.
Board of directors of Harshal Electrical Private Limited
Harshal Electrical has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Ketankumar Modha | Director | 07 Jul 2009 | 17 Years 3 Months | Current |
| Ketankumar Laxmidas Modha | Director | 07 Jul 2009 | 17 Years 3 Months | Current |
Auditor
Harshal Electrical Private Limited is audited by ANUP K AGRAWAL AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANUP K AGRAWAL AND ASSOCIATES | FY 2022 | 126276W |
Shareholding
The shareholding of Harshal Electrical 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 Electrical Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2021 | 100452504 | Others | ₹10 Lakh | Open | |
| 17 May 2021 | 100450484 | Others | ₹1.44 Cr | Open | |
| 20 Jul 2020 | 100355823 | Axis Bank Limited | ₹15.85 Lakh | Open | |
| 05 Nov 2018 | 100217001 | Others | ₹50.9 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Harshal Electrical Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Harshal Electrical 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
No delayed payments to MSME suppliers are on our record for Harshal Electrical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harshal Electrical Private Limited has a workforce of 179 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
179
Active EPFO establishments
1
Employee growth
-25.1%
GST
Harshal Electrical has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH2414G2Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harshal Electrical Private Limited, buy the company report.
Recent activity
Harshal Electrical Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Ketankumar Laxmidas Modha was appointed as Director on 07 Jul 2009.
AGM
Harshal Electrical Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Harshal Electrical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100452504 was registered on 05 Jun 2021.
Charges
A charge with Others amounted to Rs. 144.00 Lakh with Charge ID 100450484 was registered on 17 May 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.85 Lakh with Charge ID 100355823 was registered on 20 Jul 2020.
Charges
A charge with Others amounted to Rs. 50.90 Lakh with Charge ID 100217001 was registered on 05 Nov 2018.
Appointed
Ketankumar Laxmidas Modha was appointed as Director.
Appointed
Vaishali Ketankumar Modha was appointed as Director.
Incorporation
07 Jul 2009
Harshal Electrical Private Limited was registered on 07 Jul 2009 with Roc Ahmedabad & aged 17 years 3 months as per MCA records.
Frequently asked questions
Harshal Electrical is an active private limited company based in Surat, Gujarat, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 07 July 2009 (17+ years old) and is registered under CIN U31900GJ2009PTC057466.
Harshal Electrical has 2 current directors:
- Vaishali Ketankumar Modha - Director
- Ketankumar Laxmidas Modha - Director
The latest financial statements of Harshal Electrical on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harshal Electrical is 24AACCH2414G2Z4, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Harshal Electrical is U31900GJ2009PTC057466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshal Electrical has 2 court cases on record: 2 filed against it.
Harshal Electrical was incorporated on 07 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ketankumar Laxmidas Modha was appointed as Director on 07 Jul 2009. Vaishali Ketankumar Modha was appointed as Director on 07 Jul 2009.
Yes, Harshal Electrical is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0012968).
Harshal Electrical can be reached through the website harshalgroup.com. Its registered office is in Surat, Gujarat, India.