About HRML Refinery Private Limited
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HRML Refinery Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the manufacturing segment of the chemicals sector. It was incorporated on 02 May 2023.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24205TN2023PTC160082.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.86 Cr. It is led by directors Mahaveerchandji Siddharth Jain and Pawan Manakchand Kothari.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.64 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹36.54 Lakh (net margin 0.5%) and EBITDA of ₹54.33 Lakh (EBITDA margin 0.7%).
For more details, the company can be reached via its website hrml.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address4D/9 3rd Main Road, SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600058
- IndustryChemicals, Manufacturing, Other Chemical Product
- 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
- One PDF report, delivered after checkout
Business Activity of HRML Refinery Private Limited
The main business activities of HRML Refinery are manufacturing and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers other manufacturing and wholesale trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | Locked |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of HRML Refinery Private Limited FY 2025 filings available
HRML Refinery Private Limited reported revenue of ₹73.64 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HRML Refinery Private Limited
Revenue fell 31% in the latest year. EBITDA fell 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of HRML Refinery Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹54.33 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹36.54 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 of HRML Refinery Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.7% | •••• |
| Net Profit Margin | 0.5% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of HRML Refinery are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of HRML Refinery Private Limited
HRML Refinery has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahaveerchandji Siddharth Jain | Director | 06 Jun 2025 | 1 Years 4 Months | Current |
| Pawan Manakchand Kothari | Director | 06 Jun 2025 | 1 Years 4 Months | Current |
Peer Comparison of HRML Refinery Private Limited
HRML Refinery Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhanu Exim Private Limited | ₹74.28 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Surat, Gujarat, India |
| Ananta Jewels Private Limited | ₹74.28 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| MSK Jewel Art Private Limited | ₹74.12 Cr (FY 2022) | •••• | •••• | 106.0% | •••• | Rajkot, Gujarat, India |
| Pancham Jewellers Private Limited | ₹74.03 Cr (FY 2018) | •••• | •••• | 10.0% | •••• | Punjab, India |
| Sri Balagopal Enterprises Private Limited | ₹74.03 Cr (FY 2024) | •••• | •••• | 145.0% | •••• | Hyderabad, Telangana, India |
| HRML Refinery Private Limited this company | ₹73.64 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Chennai, Tamil Nadu, India |
| Ruchi Jewellers Private Limited | ₹73.28 Cr (FY 2025) | •••• | •••• | 439.0% | •••• | Mumbai, Maharashtra, India |
| Elegant Jewel Impex Private Limited | ₹73.06 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Hyderabad, Telangana, India |
| Rohit Diamonds Private Limited | ₹72.69 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Hyderabad, Telangana, India |
| Shyama Jewels (Madikeri ) Private Limited | ₹72.59 Cr (FY 2023) | •••• | •••• | 31.0% | •••• | Puttur, Karnataka, India |
| HVK Jewels Private Limited | ₹72.43 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below HRML Refinery by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of HRML Refinery Private Limited
HRML Refinery Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at HRML Refinery Private Limited
Employment history and EPFO contributions of people linked to HRML Refinery.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on HRML Refinery Private Limited
HRML Refinery Private Limited has 6 board changes on record since 2025: 2 appointments and 4 cessations. The latest: Harsith I J Kothari ceased to be Additional Director on 16 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for HRML Refinery Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by HRML Refinery Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of HRML Refinery Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of HRML Refinery Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of HRML Refinery Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about HRML Refinery Private Limited
HRML Refinery is an active private limited company based in Chennai, Tamil Nadu, India. The company works in manufacturing, within the chemicals industry. It was incorporated on 02 May 2023 (3+ years old) and is registered under CIN U24205TN2023PTC160082.
HRML Refinery reported revenue of ₹73.64 Cr for FY 2025 (down 31% YoY).
HRML Refinery has 2 current directors:
- Mahaveerchandji Siddharth Jain - Director
- Pawan Manakchand Kothari - Director
HRML Refinery reported a net profit of ₹36.54 Lakh (net margin 0.5%) and EBITDA of ₹54.33 Lakh (EBITDA margin 0.7%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of HRML Refinery is U24205TN2023PTC160082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HRML Refinery was incorporated on 02 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of HRML Refinery by revenue are Dhanu Exim Private Limited, Ananta Jewels Private Limited, MSK Jewel Art Private Limited, Pancham Jewellers Private Limited, Sri Balagopal Enterprises Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Harsith I J Kothari ceased to be Additional Director on 16 Jun 2025. Kalpesh M Jain ceased to be Additional Director on 16 Jun 2025. Mahaveerchandji Siddharth Jain was appointed as Director on 06 Jun 2025. HRML Refinery has 6 board changes on record in total.
HRML Refinery can be reached through the website hrml.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of HRML Refinery is at 4D9 3rd Main Road, SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600058.
HRML Refinery has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.86 Cr.