Harshal Financial Services Private Limited
About Harshal Financial Services Private Limited
Data last updated:
Harshal Financial Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial auxiliary services segment of the financial services sector. It was incorporated on 14 September 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1994PTC081115. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 2 – 1 Co Op Insurance Bldgsir P M Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.94 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Lakh (net margin 43.9%) and EBITDA of ₹2.51 Lakh (EBITDA margin 50.8%).
Company details
Contact details
Harshal Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 – 1 Co Op Insurance Bldgsir P M Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Harshal Financial Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Harshal Financial Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Harshal Financial Services Private Limited, buy the company report.
Financials of Harshal Financial Services Private Limited
FY 2016 filings availableHarshal Financial Services Private Limited reported revenue of ₹4.94 Lakh (up 9% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹4.94 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.51 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.17 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 50.8% | |
| Net Profit Margin | 43.9% | |
| 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 | ||
To see the full financial statements and ratios of Harshal Financial Services Private Limited, buy the company report.
Board of directors of Harshal Financial Services Private Limited
Harshal Financial Services has 2 former directors on record and no current directors listed.
Peer comparison
Harshal Financial Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JRDT Advisors Private Limited | ₹4.95 Lakh (FY 2024) | Haryana, India | ||||
| Finance Brain Private Limited | ₹4.95 Lakh (FY 2025) | -89.0% | Bangalore, Karnataka, India | |||
| Sharat Peddolla Securities Private Limited (OPC) | ₹4.95 Lakh (FY 2018) | 200.0% | Hyderabad, Telangana, India | |||
| Vyoma Accounting Solutions Private Limited | ₹4.95 Lakh (FY 2024) | 9.0% | Raigarh, Maharashtra, India | |||
| Harshal Financial Services Private Limitedthis company | ₹4.94 Lakh (FY 2016) | ₹2.17 Lakh | 43.9% | 9.0% | Mumbai, Maharashtra, India | |
| TSW Infotech Limited | ₹4.94 Lakh (FY 2018) | 5.0% | Kolkata, West Bengal, India | |||
| Balance Commodity Derivatives (India) Private Limited | ₹4.92 Lakh (FY 2020) | -84.0% | Mumbai, Maharashtra, India | |||
| VNP Mutual Fund Services Private Limited | ₹4.92 Lakh (FY 2025) | 113.0% | Barshi, Maharashtra, India | |||
| Icgi Advisory Limited | ₹4.91 Lakh (FY 2018) | -93.0% | Nashik, Maharashtra, India | |||
| Ratnakar Realty Private Limited | ₹4.91 Lakh (FY 2017) | -8.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Harshal Financial Services Private Limited, buy the company report.
Auditor
Harshal Financial Services Private Limited is audited by VALIA & TIMBADIA for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VALIA & TIMBADIA | FY 2016 | 112241W |
Shareholding
The shareholding of Harshal Financial Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Harshal Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Harshal Financial Services Private 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 Harshal Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harshal Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Harshal Financial Services Private Limited, buy the company report.
Recent activity
Harshal Financial Services Private Limited has 2 board changes on record since 2017: 0 appointments and 2 cessations. The latest: Kalpana Pankaj Bhuta ceased to be Director on 28 Jul 2017.
Frequently asked questions
Harshal Financial Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Harshal Financial Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 14 September 1994 and is registered under CIN U67120MH1994PTC081115. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Harshal Financial Services is U67120MH1994PTC081115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshal Financial Services was incorporated on 14 September 1994. It is registered with the Registrar of Companies, Mumbai.
The registered office of Harshal Financial Services is at 2 – 1 Co Op Insurance Bldgsir P M Road Fort, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Harshal Financial Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Harshal Financial Services has 1 GST registration on record and it is cancelled or inactive.
Harshal Financial Services operated in the financial services industry, in the auxiliary to financial intermediatory segment.
The peers of Harshal Financial Services by revenue are JRDT Advisors Private Limited, Finance Brain Private Limited, Sharat Peddolla Securities Private Limited (OPC), Vyoma Accounting Solutions Private Limited, TSW Infotech Limited and 4 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Kalpana Pankaj Bhuta ceased to be Director on 28 Jul 2017. Pankaj Rasiklal Bhuta ceased to be Director on 28 Jul 2017.
Harshal Financial Services can be reached at its registered office: 2 – 1 Co Op Insurance Bldgsir P M Road Fort, Mumbai, Maharashtra, India – 400001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
