About Harshdeep Hortico Limited
Data last updated:
Harshdeep Hortico Limited is a public limited company based in Thane, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 30 December 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L26994MH2022PLC396421. Its GSTIN is 27AAGCH6324M1Z9 (Maharashtra). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 544105.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.09 Cr. It is led by directors including Hitesh Chunilal Shah (Managing Director) and Dipti Hitesh Shah.
Its last annual general meeting (AGM) was held on 17 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Thane, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹68.71 Cr, a growth of 22.1% compared to the previous year. For the same year it recorded a net profit of ₹12.49 Cr (net margin 18.2%) and EBITDA of ₹19.8 Cr (EBITDA margin 28.8%). The net worth stands at ₹59.94 Cr (up 26.4% YoY). Total assets are valued at ₹64.54 Cr (up 35.6% YoY).
The company has about 118 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harshdeep. As per MCA filings, the company has open charges of ₹8.69 Cr and satisfied charges of ₹4.92 Cr on record. The company has 8 deals on record (4 market trades, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹11.44 Cr; the latest was in May 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harshdeepindia.com.
Company details
CIN history
Harshdeep Hortico has one previous CIN (Corporate Identification Number): U26994MH2022PLC396421. The current CIN is L26994MH2022PLC396421, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26994MH2022PLC396421 | Current |
| U26994MH2022PLC396421 | Previous |
Contact details
Harshdeep Hortico Limited's registered office is in Thane, Maharashtra.
- Social Media
- Registered AddressBuilding No.1 Shree Sai Logistics Survey No.18/2E 18/2P 17/2A 17/2B Part Elkunde Bhiwan, Di, Thane, Maharashtra, India – 421302
- IndustryConsumer Goods, Home Furnishings Manufacturing
- 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
Brands
Harshdeep Hortico operates one associated brand: HARSHDEEP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable eco-friendly planters for home and garden decor are manufactured. | harshdeepindia.com |
Business activity
The main business activity of Harshdeep Hortico is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Harshdeep Hortico Limited, buy the company report.
Financials of Harshdeep Hortico Limited
FY 2025-26 filings availableHarshdeep Hortico Limited reported revenue of ₹68.71 Cr (up 22.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 68.71 | 56.27 | 48.28 | 0.00 |
| Revenue growth | +22.1% | +16.6% | - | - |
| EBITDA | 19.80 | 14.85 | 10.63 | 0.00 |
| EBITDA margin | +28.8% | +26.4% | +22.0% | - |
| Profit before tax | 16.05 | 11.42 | 8.70 | 0.00 |
| Net profit | 12.49 | 9.71 | 6.53 | 0.00 |
| Net profit margin | +18.2% | +17.3% | +13.5% | - |
| EPS (₹) | 7.78 | 6.03 | 4.07 | (0.54) |
| Balance sheet | ||||
| Total assets | 64.54 | 47.60 | 37.19 | 0.05 |
| Net worth | 59.94 | 47.42 | 37.12 | 0.05 |
| Total debt | 4.29 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.97 | 2.21 | 1.75 | 0.05 |
| Net working capital | 45.59 | 33.55 | 25.29 | 0.05 |
| Cash flow | ||||
| Cash from operations | 3.57 | 5.77 | (14.90) | 0.00 |
| Cash from investing | (8.40) | (5.31) | (13.36) | 0.00 |
| Cash from financing | 3.59 | 0.00 | 29.96 | 0.05 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 68.71 | 56.27 | 48.28 | 0.00 |
| Revenue growth | +22.1% | +16.6% | - | - |
| Other income | 0.04 | 0.15 | 0.14 | 0.00 |
| Total expenses | 48.91 | 41.42 | 37.65 | 0.00 |
| Employee cost | 3.54 | 3.06 | 2.42 | 0.00 |
| EBITDA | 19.80 | 14.85 | 10.63 | 0.00 |
| EBITDA margin | +28.8% | +26.4% | +22.0% | - |
| Depreciation | 3.40 | 3.55 | 1.49 | 0.00 |
| Interest | 0.39 | 0.03 | 0.58 | 0.00 |
| Profit before tax | 16.05 | 11.42 | 8.70 | 0.00 |
| Tax | 3.52 | 1.71 | 2.17 | 0.00 |
| Net profit | 12.49 | 9.71 | 6.53 | 0.00 |
| Net profit margin | +18.2% | +17.3% | +13.5% | - |
| EPS (₹) | 7.78 | 6.03 | 4.07 | (0.54) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 16.09 | 16.09 | 16.09 | 0.05 |
| Reserves & surplus | 43.85 | 31.33 | 21.03 | 0.00 |
| Shareholders' funds (net worth) | 59.94 | 47.42 | 37.12 | 0.05 |
| Secured loans | 3.85 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.44 | 0.00 | 0.00 | 0.00 |
| Total debt | 4.29 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 64.54 | 47.60 | 37.19 | 0.05 |
| Assets | ||||
| Gross block | 25.81 | 17.40 | 12.11 | 0.00 |
| Net block | 17.38 | 12.36 | 10.62 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 38.21 | 23.56 | 12.00 | 0.00 |
| Sundry debtors | 19.94 | 13.16 | 11.02 | 0.00 |
| Cash & bank balances | 0.97 | 2.21 | 1.75 | 0.05 |
| Loans & advances | 2.85 | 3.18 | 6.62 | 0.00 |
| Total current assets | 61.97 | 42.11 | 31.39 | 0.05 |
| Total current liabilities | 16.38 | 8.56 | 6.10 | 0.00 |
| Net working capital | 45.59 | 33.55 | 25.29 | 0.05 |
| Total assets | 64.54 | 47.60 | 37.19 | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 2.21 | 1.75 | 0.05 | 0.00 |
| Net cash from operating activities | 3.57 | 5.77 | (14.90) | 0.00 |
| Net cash from investing activities | (8.40) | (5.31) | (13.36) | 0.00 |
| Net cash from financing activities | 3.59 | 0.00 | 29.96 | 0.05 |
| Net change in cash | (1.24) | 0.46 | 1.70 | 0.05 |
| Closing cash | 0.97 | 2.21 | 1.75 | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +22.1% | +16.6% | - | - |
| EBITDA growth | +33.3% | +39.7% | - | - |
| PBT growth | +40.5% | +31.3% | +9997.0% | +9997.0% |
| Net income growth | +28.6% | +48.7% | - | - |
| Profitability & leverage | ||||
| Net income margin | +18.2% | +17.3% | +13.5% | - |
| Return on capital employed | +29.3% | +27.0% | +50.0% | 0.0% |
| Return on net worth | +23.3% | +23.0% | +35.2% | 0.0% |
| Debt / equity | 0.04 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.02 | 0.00 | 0.00 | 0.00 |
| Interest cover | 2.38 | 0.27 | 6.35 | - |
| Efficiency & per share | ||||
| Fixed asset turnover | 3.18 | 3.81 | 7.97 | 0.00 |
| Inventory turnover | 2.22 | 3.16 | 8.05 | 0.00 |
| Debtors turnover | 4.15 | 4.65 | 8.76 | 0.00 |
| EPS (₹) | 7.78 | 6.03 | 4.07 | (0.54) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 37.24 | 29.46 | 23.07 | 9.46 |
To see the full year-wise statements and ratios of Harshdeep Hortico Limited, buy the company report.
Board of directors of Harshdeep Hortico Limited
Harshdeep Hortico has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipti Hitesh Shah | Director | 30 Dec 2022 | 3 Years 9 Months | Current |
| Harshit Hitesh Shah Also directs: SHS Agro Products Private Limited | Director | 30 Dec 2022 | 3 Years 9 Months | Current |
| Hitesh Chunilal Shah | Managing Director | 30 Dec 2022 | 3 Years 9 Months | Current |
| Dhruva Hemandra Parekh Also directs: Dhandeep Seeds LLP, Dhandeep Seedtech India Private Limited | Director | 25 Sep 2023 | 3 Years 0 Months | Current |
| Arjun Manish Bhanushali | Director | 25 Sep 2023 | 3 Years 0 Months | Current |
| Megh Hitesh Shah | Director | 25 Sep 2023 | 3 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2026 | 101370297 | Others | ₹3.5 Cr | Open | |
| 29 Dec 2025 | 101221866 | Others | ₹18.68 Lakh | Open | |
| 14 Oct 2025 | 101175204 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 30 Nov 2023 | 100823874 | Others | ₹4.92 Cr | Satisfied |
To see the full charge records of Harshdeep Hortico Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Harshdeep Hortico Limited has 8 deals on record (4 market trades, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹11.44 Cr; the latest was in May 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Market trade | ₹44.8 Lakh | Seller: Varsu India Growth Story Scheme 1 |
| Feb 2024 | Market trade | ₹54.6 Lakh | Buyer: an individual |
| Feb 2024 | Market trade | ₹43.4 Lakh | Buyer: an individual |
| Feb 2024 | Market trade | ₹63 Lakh | Buyer: an individual |
| Feb 2024 | IPO | ₹19.09 Cr | Investors: IPO ShareHolders - Harshdeep Hortico Limited, Astorne Capital Vcc - Arven, Cognizant Capital Dynamic Opportunities Fund |
To see the full deal history of Harshdeep Hortico Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Harshdeep Hortico 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 Harshdeep Hortico Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harshdeep Hortico has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCH6324M1Z9 | Maharashtra | Active | 03 Apr 2023 |
| 07AAGCH6324M1ZB | Delhi | Active | 02 Jun 2023 |
| 37AAGCH6324M1Z8 | Andhra Pradesh | Active | 01 Jul 2023 |
To see the full GST registrations and return filing status of Harshdeep Hortico Limited, buy the company report.
Recent activity
Harshdeep Hortico Limited has 7 board changes on record since 2022: 7 appointments. The latest: Shankar Keshava Vailaya was appointed as Director on 24 Feb 2025.
3 earlier events are in the company report.
News
Frequently asked questions
Harshdeep Hortico is an active public limited company based in Thane, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 30 December 2022 (4+ years old) and is registered under CIN L26994MH2022PLC396421. Listed on BSE: 544105.
Harshdeep Hortico reported revenue of ₹68.71 Cr for FY 2025-26 (up 22.1% YoY) based on standalone financials.
Harshdeep Hortico has 6 current directors:
- Hitesh Chunilal Shah - Managing Director
- Dipti Hitesh Shah - Director
- Harshit Hitesh Shah - Director
- Dhruva Hemandra Parekh - Director
- Arjun Manish Bhanushali - Director
- Megh Hitesh Shah - Director
The latest financial statements of Harshdeep Hortico on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 September 2026. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Harshdeep Hortico is 27AAGCH6324M1Z9, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAGCH6324M1ZB (Delhi), 37AAGCH6324M1Z8 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Harshdeep Hortico is L26994MH2022PLC396421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Harshdeep Hortico is a listed company as per MCA records. Its shares are listed on BSE (code: 544105).
Harshdeep Hortico was incorporated on 30 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Harshdeep Hortico has 8 deals on record (4 market trades, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹11.44 Cr; the latest was in May 2024.
Shankar Keshava Vailaya was appointed as Director on 24 Feb 2025. Arjun Manish Bhanushali was appointed as Director on 25 Sep 2023. Dhruva Hemandra Parekh was appointed as Director on 25 Sep 2023. Harshdeep Hortico has 7 board changes on record in total.