Hersh Overseas Pvt Ltd
About Hersh Overseas Pvt Ltd
Data last updated:
Hersh Overseas Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 10 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1992PTC067633. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hersh Nirvan Mehta and Deven Bharat Gandhi.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A – 702 Gundecha Heights L.B.S. Marg Kanjurmarg – (West), Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2017, the company reported a revenue of ₹34.24 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹8.47 Lakh (net margin -24.7%) and EBITDA of -₹4.61 Lakh (EBITDA margin -13.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Hersh Overseas Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 702 Gundecha Heights L.B.S. Marg Kanjurmarg – (West), Mumbai, Maharashtra, India – 400078
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Hersh Overseas Pvt Ltd, 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 Hersh Overseas is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Hersh Overseas Pvt Ltd, buy the company report.
Financials of Hersh Overseas Pvt Ltd
FY 2017 filings availableHersh Overseas Pvt Ltd reported revenue of ₹34.24 Lakh (down 20% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 20% fall in the latest year. EBITDA fell 130% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹34.24 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.61 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹8.47 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -13.5% | ||
| Net Profit Margin | -24.7% | ||
| 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 Hersh Overseas Pvt Ltd, buy the company report.
Board of directors of Hersh Overseas Pvt Ltd
Hersh Overseas has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Harilal Thakkar | Additional Director | 03 Mar 2014 | 12 Years 7 Months | Current |
| Hersh Nirvan Mehta | Director | 15 May 2003 | 23 Years 5 Months | Current |
| Deven Bharat Gandhi | Director | 10 Jul 1992 | 34 Years 3 Months | Current |
| Nirvan Jaysukhlal Mehta | Director | 10 Jul 1992 | 34 Years 3 Months | Current |
Auditor
Hersh Overseas Pvt Ltd is audited by C T GANDHI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C T GANDHI & CO | FY 2017 | 38185 |
Shareholding
The shareholding of Hersh Overseas Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hersh Overseas Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2012 | 10391923 | Bank of Maharashtra | ₹35 Lakh | Satisfied | |
| 23 Nov 2012 | 10391934 | Bank of Maharashtra | ₹15 Lakh | Satisfied |
To see the full charge records of Hersh Overseas Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hersh Overseas Pvt Ltd 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 Hersh Overseas Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hersh Overseas 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 Hersh Overseas Pvt Ltd, buy the company report.
Recent activity
Hersh Overseas Pvt Ltd has 6 board changes on record since 1992: 4 appointments and 2 cessations. The latest: Deepa Atul Thakkar ceased to be Additional Director on 13 Dec 2019.
1 earlier event is in the company report.
Frequently asked questions
Hersh Overseas is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 10 July 1992 (34+ years old) and is registered under CIN U24100MH1992PTC067633.
Hersh Overseas has 4 current directors:
- Atul Harilal Thakkar - Additional Director
- Hersh Nirvan Mehta - Director
- Deven Bharat Gandhi - Director
- Nirvan Jaysukhlal Mehta - Director
The latest financial statements of Hersh Overseas on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Hersh Overseas has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hersh Overseas is U24100MH1992PTC067633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hersh Overseas was incorporated on 10 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepa Atul Thakkar ceased to be Additional Director on 13 Dec 2019. Atul Harilal Thakkar was appointed as Additional Director on 03 Mar 2014. Hemendra Jaysukhlal Mehta ceased to be Director on 13 Sep 2009. Hersh Overseas has 6 board changes on record in total.
The registered office of Hersh Overseas is at A – 702 Gundecha Heights L.B.S. Marg Kanjurmarg – West, Mumbai, Maharashtra, India – 400078.
Hersh Overseas operates in the machinery and equipment industry, in the industrial tools and components segment.
Hersh Overseas has no open charges and satisfied charges of ₹50 Lakh as per latest MCA filings.