MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-HP-11-0000252
Horological Components Pvt Ltd
Horological Components Pvt Ltd - financial services in Parwanoo, Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.39 Cr
▼ 7% YoY
Net profit · FY 2025
₹70.86 Lakh
Net margin 9.6%
EBITDA · FY 2025
₹1.37 Cr
EBITDA margin 18.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹12.31 Lakh
Issued & subscribed
Open charges
₹2.1 Cr
Satisfied ₹3.58 Cr
Company age
47 yrs
Est. 1979
Employees · EPFO
49
Provident fund records
About Horological Components Pvt Ltd
Data last updated:
Horological Components Pvt Ltd is a private limited company based in Parwanoo, Himachal Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 June 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U33302HP1979PTC000432. Its GSTIN is 02AAACH3607B1ZI (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹12.31 Lakh. It is led by directors Malika Malhotra (Managing Director) and Rajiv Malhotra.
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 Plot No 47 Sector 1, Parwanoo, Himachal Pradesh, India – 173220.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.39 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹70.86 Lakh (net margin 9.6%) and EBITDA of ₹1.37 Cr (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.1 Cr and satisfied charges of ₹3.58 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Horological Components Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0000252). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U33302HP1979PTC000432
Registration Number 000432
Incorporation Date 26 June 1979
ROC Himachal Pradesh
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 Micro
Udyam Registration UDYAM-HP-11-0000252
CIN history
Horological Components has one previous CIN (Corporate Identification Number): U33302CH1979PTC003999. The current CIN is U33302HP1979PTC000432, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33302HP1979PTC000432 | Current |
| U33302CH1979PTC003999 | Previous |
Recognitions & Rankings of Horological Components
Contact details
Horological Components Pvt Ltd's registered office is in Parwanoo, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 47 Sector 1, Parwanoo, Himachal Pradesh, India – 173220
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Horological Components Pvt Ltd, buy the company report.
Comprehensive company report
Horological Components Pvt Ltd - 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 Horological Components is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Horological Components Pvt Ltd, buy the company report.
Financials of Horological Components Pvt Ltd
FY 2025 filings availableHorological Components Pvt Ltd reported revenue of ₹7.39 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹7.39 Cr ▼ 7%
Net profit · FY 2025
₹70.86 Lakh margin 9.6%
EBITDA · FY 2025
₹1.37 Cr margin 18.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 12%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 11%
5 years · compounded
▲ 52%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 11% 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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| Total Expenses | |||||
| EBITDA | ₹1.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.86 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Horological Components Pvt Ltd, buy the company report.
Board of directors of Horological Components Pvt Ltd
Horological Components has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Malhotra | Director | 30 Sep 1995 | 31 Years 1 Months | Current |
| Malika Malhotra | Managing Director | 20 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Horological Components Pvt Ltd is audited by RAKESH SINGLA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH SINGLA & ASSOCIATES | FY 2022 | 003371N |
Shareholding
The shareholding of Horological Components Pvt Ltd 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 Horological Components Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹2.1 Cr
Satisfied charges
₹3.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2019 | 100275537 | Others | ₹2.1 Cr | Open | |
| 06 Aug 2018 | 100245064 | Canara Bank | ₹10 Lakh | Satisfied | |
| 20 Nov 2013 | 10463923 | Canara Bank | ₹40 Lakh | Satisfied | |
| 14 Mar 2013 | 10416832 | Punjab National Bank | ₹40 Lakh | Satisfied | |
| 01 Mar 2005 | 90180931 | Himachal Pradesh Financial Corporation | ₹42.5 Lakh | Satisfied |
To see the full charge records of Horological Components Pvt Ltd, buy the company report.
Total charge records: 20 View all charges
Legal cases
Horological Components Pvt Ltd has 2 court cases on record: 1 filed by Horological Components, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3801-Matters Relating To Consumer Protection : Appeals u/s 23 of Consumer Protection Act, 1986.) | Filed against the company by DLF Homes Panchkula Pvt Ltd Sco No.192 Sector 8 C, Madhya Marg, Union Territory Chandigarh , District: . , , Chandigarh and 1 other | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Horological Components Pvt Ltd, 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
Horological Components Pvt Ltd has 9 MSME Form 1 returns on record between 2018 and 2023, listing 36 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sun Astra Energy Solutions Private Limited | |||
| Rahul Ion-Tech Limited | |||
| PG Industries | |||
| Vera Manufacturing Private Limited | |||
| Om Shanti Industries |
To see the full MSME payment records of Horological Components Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Horological Components Pvt Ltd has a workforce of 49 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
49
Active EPFO establishments
1
Employee growth
96%
GST
Horological Components has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACH3607B1ZI | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Horological Components Pvt Ltd, buy the company report.
Recent activity
Horological Components Pvt Ltd has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Malika Malhotra ceased to be Additional Director on 30 Sep 2022.
AGM
Horological Components Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 210.00 Lakh registered on 29 May 2019 with Charge ID 100275537 was modified on 17 May 2025.
Filing
Horological Components Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Charges
A charge registered on 06 Aug 2018 via Charge ID 100245064 with Canara Bank was fully satisfied on 29 Feb 2024.
Ceased
Malika Malhotra ceased to be Additional Director.
Appointed
Malika Malhotra was appointed as Managing Director.
Ceased
Rajni Malhotra ceased to be Director.
Charges
A charge with Others amounted to Rs. 210.00 Lakh with Charge ID 100275537 was registered on 29 May 2019.
Charges
A charge registered on 20 Nov 2013 via Charge ID 10463923 with Canara Bank was fully satisfied on 04 Apr 2019.
Ceased
Satish Kumar Malhotra ceased to be Managing Director.
Charges
A charge registered on 01 Mar 2005 via Charge ID 90180931 with Himachal Pradesh Financial Corporation was fully satisfied on 04 Dec 2018.
Charges
A charge registered on 15 Dec 1995 via Charge ID 90182127 with Himachal Pradesh Financialn Corporation was fully satisfied on 04 Dec 2018.
49 earlier events are in the company report.
Frequently asked questions
Horological Components is an active private limited company based in Parwanoo, Himachal Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 June 1979 (47+ years old) and is registered under CIN U33302HP1979PTC000432.
Horological Components has 2 current directors:
- Malika Malhotra - Managing Director
- Rajiv Malhotra - Director
The latest financial statements of Horological Components 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 Horological Components is 02AAACH3607B1ZI, registered in Himachal Pradesh. 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 Horological Components is U33302HP1979PTC000432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horological Components has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Horological Components was incorporated on 26 June 1979, making it 47+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Malika Malhotra ceased to be Additional Director on 30 Sep 2022. Malika Malhotra was appointed as Managing Director on 20 Dec 2021. Rajni Malhotra ceased to be Director on 23 Nov 2021. Horological Components has 5 board changes on record in total.
Yes, Horological Components is registered as a micro enterprise under Udyam registration (number: UDYAM-HP-11-0000252).
Horological Components has 9 MSME Form 1 returns on record between 2018 and 2023, listing 36 overdue payments to 14 micro and small suppliers. The latest return was filed on 19 Oct 2023.
The registered office of Horological Components is at Plot No 47 Sector 1, Parwanoo, Himachal Pradesh, India – 173220.
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