Harita Seating Systems Limited

Manufacturer of seating systems for commercial vehicles, buses, tractors, and off-road vehicles.

1996 | Chennai, Tamil Nadu (India) | Merged
Last Updated: April 19, 2024

Harita Seating Systems Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.77 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 113.50 Cr
  • Revenue Growth -28.30%
  • Profit Growth -89.79%
  • Ebitda -56.17%
  • Net Worth 1.28%
  • Total Assets -12.59%

About Harita Seating Systems

Harita Seating Systems Limited (HSSL) is Amalgamated company established on 24 Apr 1996 with its office registered at Chennai, Tamil Nadu, India and has been running since 28 Year, 9 Months with a paid up capital of 7.77 Cr. According to MCA records, 5 Directors and 2 Signatories are linked to this company as of 19 Apr 2024.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27209TN1996PLC035293

  • Company No.

    035293

  • Stock Symbol

    BSE : 590043 NSE : HARITASEAT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1996

  • Date of AGM

    25 Sep 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Harita Seating Systems Limited offer?

Harita Seating Systems Limited offers a wide range of products and services, including Architectural & Civil Engineering, Architectural Services, Call Centre & Customer Care Services, Technology Support Services, Architectural Designing Services, Engineering Design Services.

Who are the key members and board of directors at Harita Seating Systems?

Executive Team (2)

NameDesignationAppointment DateStatus
Iswarya N Country flag representing In Company Secretary28-Oct-2009Current
A Giridharan Country flag representing In CEO03-Nov-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Harihara Lakshmanan Country flag representing In Director 24-Apr-1996Current
Shamsudeen Ali Country flag representing In Director 22-Jan-1997Current
Chundi Prasad Country flag representing In Director 23-Apr-2008Current
Sasikala Varadachari Country flag representing In Director 22-Mar-2016Current
Bhadri Lakshminarasimhan Country flag representing In Director 13-Oct-2015Current

Financial Performance of Harita Seating Systems.

Harita Seating Systems Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 28.3% decrease. The company also saw a substantial fall in profitability, with a 89.79% decrease in profit. The company's net worth moved up by a moderate rise of 1.28%.

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
-28.30%
Revenue from Operations
-27.50%
Total Assets
-12.59%
Profit or Loss
-89.79%
Net Worth
1.28%
EBITDA
-56.17%

What is the Ownership and Shareholding Structure of Harita Seating Systems?

In 2020, Harita Seating Systems had a promoter holding of 66.22% and a public holding of 33.78%. The company had 1 Subsidiary. 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

Satisfied Charges

₹113.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 90.00 Cr
  • State Bank Of India : 18.00 Cr
  • Hdfc Bank Limited : 5.50 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jun 2013State Bank Of Mysore₹5.00 CrSatisfied
18 Aug 2009State Bank Of Mysore₹10.00 CrSatisfied
26 Mar 2009State Bank Of Mysore₹10.00 CrSatisfied
23 Feb 2009State Bank Of Mysore₹65.00 CrSatisfied
03 Jul 2008Hdfc Bank Limited₹5.50 CrSatisfied

How Many Employees Work at Harita Seating Systems?

Harita Seating Systems has a workforce of 651 employees as of Apr 09, 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 Harita Seating Systems, 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 Harita Seating Systems'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 Harita Seating Systems

Recent activity within the organization

  • Annual General Meeting

    Harita Seating Systems Limited last Annual general meeting of members was held on 25 Sep 2020 as per latest MCA records.

    25 Sep 2020

  • Balance Sheet

    Harita Seating Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.

    31 Mar 2020

  • Charges

    A charge registered on 10 Jun 2013 via Charge ID 10435418 with State Bank Of Mysore was fully satisfied on 25 May 2016.

    25 May 2016

  • Charges

    A charge registered on 23 Feb 2009 via Charge ID 10148251 with State Bank Of Mysore was fully satisfied on 25 May 2016.

    25 May 2016

  • Director Appointment

    Sasikala Varadachari was appointed as a Director was appointed as a Director on 22 Mar 2016 & has been associated with this company since 8 years 10 months .

    22 Mar 2016

  • Director Appointment

    Bhadri Lakshminarasimhan was appointed as a Director was appointed as a Director on 13 Oct 2015 & has been associated with this company since 9 years 3 months .

    13 Oct 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Harita Seating Systems Limited was incorporated on 24 Apr 1996.

  • The authorized share capital of Harita Seating Systems Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.77 Cr.

  • Currently 7 directors are associated with Harita Seating Systems Limited.

    • Harihara Iyer Lakshmanan
    • Shamsudeen Ibrahim Jaffar Ali
    • Chundi Narasimha Prasad
    • Sasikala Varadachari
    • Iswarya Lakshmi N
    • A G Giridharan
    • Bhadri Lakshminarasimhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Harita Seating Systems Limited is Jayalakshmi Estates No.29(8) Haddows Road, Chennai-06, Tamil Nadu, India, 600006.

  • The corporate identification number (CIN) of Harita Seating Systems Limited is L27209TN1996PLC035293 and the company number is 035293 as per Ministry of Corporate Affairs (MCA).

  • Yes, Harita Seating Systems Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HARITASEAT.

  • The Official website of Harita Seating Systems Limited is https://www.haritaseating.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Harita Seating Systems Limited has fallen by -28.30%.

  • As Per 2020 financial reports, 651 employees are currently employed by Harita Seating Systems Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Harita Seating Systems Limited has experienced an upsurge of 1.28%.

  • The most recent Balance Sheet for Harita Seating Systems Limited was filed with the ROC on 31 Mar 2020.

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