Harman Finochem Limited

This company manufactures and exports active pharmaceutical ingredients and chemical intermediates to various countries.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated: June 22, 2024

Harman Finochem Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.76 Cr
  • Company Age 41 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 260.00 Cr
  • Revenue Growth 12.54%
  • Profit Growth 1.85%
  • Ebitda -12.08%
  • Net Worth 15.94%
  • Total Assets 20.31%

About Harman Finochem

Harman Finochem Limited (HFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 March 1983 and has a history of 41 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Herman Finochem Private Limited. The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.76 Cr.

The company currently has active open charges totaling ₹260.00 Cr.

Inderjeet Singh, Harpreet Singh, Gurpreet Minhas, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    harmanfinochem.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110MH1983PLC029560

  • Company No.

    029560

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1983

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

Who are the key members and board of directors at Harman Finochem?

Board Members (4)

NameDesignationAppointment DateStatus
Harpreet Singh Country flag representing In Whole-Time Director 11-Feb-1997Current
Inderjeet Singh Country flag representing In Whole-Time Director 11-Feb-1997Current
Gurpreet Minhas Country flag representing In Director 15-Oct-2007Current
Savreen Minhas Country flag representing In Director 10-Mar-2014Current

Financial Performance of Harman Finochem.

Harman Finochem Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.54% increase. The company also saw a slight improvement in profitability, with a 1.85% increase in profit. The company's net worth Soared by an impressive increase of 15.94%.

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
12.54%
Revenue from Operations
13.73%
Total Assets
20.31%
Profit or Loss
1.85%
Net Worth
15.94%
EBITDA
-12.08%

What is the Ownership and Shareholding Structure of Harman Finochem?

In 2023, Harman Finochem had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹260.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 130.00 Cr
  • Others : 86.00 Cr
  • Indian Bank : 35.00 Cr
  • Axis Bank Limited : 7.33 Cr
  • Hdfc Bank Limited : 1.67 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2023Axis Bank Limited₹3.00 CrOpen
31 Mar 2023Axis Bank Limited₹1.22 CrOpen
17 Oct 2022Hdfc Bank Limited₹1.67 CrOpen
12 Aug 2022Axis Bank Limited₹3.11 CrOpen
16 Jun 2020Citi Bank N.A.₹28.00 CrOpen

How Many Employees Work at Harman Finochem?

Harman Finochem has a workforce of 1772 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 Harman Finochem, 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 Harman Finochem'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 Harman Finochem

Recent activity within the organization

  • Annual General Meeting

    Harman Finochem Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100740973 was registered on 24 Jun 2023.

    24 Jun 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.22 Cr with Charge ID 100699887 was registered on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

    Harman Finochem Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.67 Cr with Charge ID 100626160 was registered on 17 Oct 2022.

    17 Oct 2022

  • Charges

    A charge with Citi Bank N.A. of Rs. 28.00 Cr registered on 16 Jun 2020 with Charge ID 100358515 was modified on 18 Aug 2022.

    18 Aug 2022

Frequently asked questions

  • Harman Finochem Limited was incorporated on 17 Mar 1983.

  • The authorized share capital of Harman Finochem Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.76 Cr.

  • Currently 4 directors are associated with Harman Finochem Limited.

    • Inderjeet Kaur Bhupinder Singh
    • Harpreet Singh Bhupinder Singh
    • Gurpreet Singh Minhas
    • Savreen Minhas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Harman Finochem Limited is 107 A Vinay Bhavya Complex159 A Cst Rd Kalina, Santacruz East, Mumbai, Maharashtra, India, 400098.

  • The corporate identification number (CIN) of Harman Finochem Limited is U24110MH1983PLC029560 and the company number is 029560 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Harman Finochem Limited is https://www.harmanfinochem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Harman Finochem Limited has risen by 12.54%.

  • As Per 2023 financial reports, 1772 employees are currently employed by Harman Finochem Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Harman Finochem Limited has experienced an upsurge of 15.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Harman Finochem Limited amount to ₹ 260.00 Cr.

  • The most recent Balance Sheet for Harman Finochem Limited was filed with the ROC on 31 Mar 2023.

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