Hari Machines Limited.

Manufacturer of heavy engineering equipment for various industries, including boilers and mineral processing.

1948 | Sundergarh, Odisha (India) | Under Liquidation
Last Updated: April 19, 2024

Hari Machines Profile

Key Indicators

  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 5.32 Cr
  • Company Age 76 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 4.99 M
  • Satisfied Charges ₹ 492.30 Cr
  • Revenue Growth 5237.42%
  • Profit Growth -159.85%
  • Ebitda -685.74%
  • Net Worth -58.40%
  • Total Assets -64.42%

About Hari Machines

Hari Machines Limited. (HML) is Under Liquidation company established on 13 Jul 1948 with its office registered at Sundergarh, Odisha, India and has been running since 76 Year, 7 Months with a paid up capital of 5.32 Cr. According to MCA records, 3 Directors and 2 Signatories are linked to this company as of 19 Apr 2024.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    harimachines.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L29299OR1948PLC000713

  • Company No.

    000713

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Jul 1948

  • Date of AGM

    22 Oct 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Cuttack

Industry

Machinery and Equipment

Who are the key members and board of directors at Hari Machines?

Executive Team (3)

NameDesignationAppointment DateStatus
Rakesh Ganeriwal Country flag representing In Company Secretary05-Nov-2015Current
Kailash Agrawal Country flag representing In CFO(Kmp)01-Apr-2017Current
Sabyasachi Mishra Country flag representing In Managing Director07-Dec-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Sangita Drolia Country flag representing In Director 15-May-2015Current
Amit Kedia Country flag representing In Director 16-Aug-2012Current

Financial Performance of Hari Machines.

Hari Machines Limited., for the financial year ended 2018, experienced significant growth in revenue, with a 5237.42% increase. The company also saw a substantial fall in profitability, with a 159.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.4%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5237.42%
Revenue from Operations
226904.64%
Total Assets
-64.42%
Profit or Loss
-159.85%
Net Worth
-58.40%
EBITDA
-685.74%

What is the Ownership and Shareholding Structure of Hari Machines?

In 2018, Hari Machines had a promoter holding of 68.34% and a public holding of 31.65%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.50 Cr

Satisfied Charges

₹492.30 Cr

Charges Breakdown by Lending Institutions

  • Orissa State Financial Corporation : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2000Orissa State Financial Corporation₹4.99 MOpen
26 May 2012Bank Of Baroda₹23.00 CrSatisfied
17 Jan 2012Bank Of Baroda₹23.00 CrSatisfied
27 Oct 2011Icici Bank Limited₹27.00 CrSatisfied
08 Sep 2011Axis Bank Limited₹30.00 CrSatisfied

How Many Employees Work at Hari Machines?

Hari Machines has a workforce of 100 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hari Machines, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hari Machines's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hari Machines

Recent activity within the organization

  • Annual General Meeting

    Hari Machines Limited. last Annual general meeting of members was held on 22 Oct 2018 as per latest MCA records.

    22 Oct 2018

  • Charges

    A charge registered on 15 Mar 2011 via Charge ID 10283363 with Uco Bank was fully satisfied on 26 Apr 2018.

    26 Apr 2018

  • Balance Sheet

    Hari Machines Limited. has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Cuttack.

    31 Mar 2018

  • Charges

    A charge registered on 15 Jul 2008 via Charge ID 10115943 with State Bank Of India was fully satisfied on 27 Feb 2018.

    27 Feb 2018

  • Charges

    A charge registered on 26 May 2012 via Charge ID 10361878 with Bank Of Baroda was fully satisfied on 23 Feb 2018.

    23 Feb 2018

  • Charges

    A charge registered on 17 Jan 2012 via Charge ID 10340834 with Bank Of Baroda was fully satisfied on 23 Feb 2018.

    23 Feb 2018

Frequently asked questions

  • Hari Machines Limited. was incorporated on 13 Jul 1948.

  • The authorized share capital of Hari Machines Limited. is ₹ 26.00 Cr and paid-up capital is ₹ 5.32 Cr.

  • Currently 5 directors are associated with Hari Machines Limited..

    • Amit Kedia
    • Sangita Drolia
    • Rakesh Ganeriwal
    • Kailash Kumar Agrawal
    • Sabyasachi Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hari Machines Limited. is Rajgangpur, Sundergarh, Orissa, India, 770017.

  • The corporate identification number (CIN) of Hari Machines Limited. is L29299OR1948PLC000713 and the company number is 000713 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hari Machines Limited. is https://www.harimachines.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Hari Machines Limited. has risen by 5237.42%.

  • As Per 2018 financial reports, 100 employees are currently employed by Hari Machines Limited..

  • The financial reports for the fiscal year 2018 indicates that The net worth of Hari Machines Limited. has experienced an downturn of -58.40%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Hari Machines Limited. amount to ₹ 4.99 M.

  • The most recent Balance Sheet for Hari Machines Limited. was filed with the ROC on 31 Mar 2018.

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