Harsha Engineers Limited

Manufactures bearing cages and stamped components, also offers EPC services in solar power segment.

1986 | Ahmedabad, Gujarat (India) | Merged
Last Updated:

Harsha Engineers Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 24.08 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 380.68 Cr
  • Revenue Growth -12.20%
  • Profit Growth -38.60%
  • Ebitda -26.07%
  • Net Worth 8.12%
  • Total Assets 2.95%

About Harsha Engineers

Harsha Engineers Limited (HEL) is Amalgamated company established on 04 Mar 1986 with its office registered at Ahmedabad, Gujarat, India and has been running since 39 Year, 2 Months with a paid up capital of 24.08 Cr. According to MCA records, 8 Directors and 2 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29259GJ1986PLC008520

  • Company No.

    008520

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 1986

  • Date of AGM

    21 Sep 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Harsha Engineers Limited offer?

Harsha Engineers Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, Ball Bearings and Bearing Assemblies, Ball Bearings, Ball Cage, Bearing Cages, Stamping Parts, Logistics Service, Roller Bearings, Spherical Roller Bearing.

Company report

Harsha Engineers Limited

Explore comprehensive data for Harsha Engineers Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Harsha Engineers?

Executive Team (3)

NameDesignationAppointment DateStatus
Harish Rangwala Country flag representing In Managing Director01-Apr-2010Current
Vishal Rangwala CEO21-Jun-2010Current
Maulik Jasani CFO16-May-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Rajendra Shah Country flag representing In Whole-Time Director 04-Mar-1986Current
Neharika Vohra Country flag representing In Director 10-Aug-2018Current
Kunal Shah Country flag representing In Director 10-Aug-2018Current
Hetal Ukani Country flag representing In Whole-Time Director 21-Nov-2019Current
Ambar Patel Country flag representing In Director 10-Aug-2018Current
Pilak Shah Country flag representing In Whole-Time Director 01-Apr-2010Current

Financial Performance of Harsha Engineers.

Harsha Engineers Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 12.2% decrease. The company also saw a substantial fall in profitability, with a 38.6% decrease in profit. The company's net worth moved up by a moderate rise of 8.12%.

Harsha Engineers revenue growth over time
Harsha Engineers 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
-12.20%
Revenue from Operations
-10.49%
Total Assets
2.95%
Profit or Loss
-38.60%
Net Worth
8.12%
EBITDA
-26.07%

What is the Ownership and Shareholding Structure of Harsha Engineers?

In 2020, Harsha Engineers had a promoter holding of 60.42% and a public holding of 39.58%. The company had 2 Subsidiaries. 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

₹380.68 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 169.00 Cr
  • State Bank Of India : 61.45 Cr
  • Others : 60.00 Cr
  • Hdfc Bank Limited : 35.00 Cr
  • Icici Bank Limited : 33.63 Cr
  • Others : 21.60 Cr

Latest Charge Details

DateLenderAmountStatus
24 Apr 2017Citi Bank N.A.₹169.00 CrSatisfied
24 Feb 2016Others₹60.00 CrSatisfied
15 Sep 2014Hdfc Bank Limited₹35.00 CrSatisfied
07 Nov 2012Icici Bank Limited₹11.25 CrSatisfied
05 Sep 2011Citibank N.A.₹9.00 CrSatisfied

How Many Employees Work at Harsha Engineers?

Harsha Engineers has a workforce of 1884 employees as of Apr 06, 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.

Employee growth trends for Harsha Engineers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Harsha Engineers, 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 Harsha Engineers'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 Harsha Engineers

Recent activity within the organization

  • Charges

    A charge registered on 24 Apr 2017 via Charge ID 100100844 with Citi Bank N.A. was fully satisfied on 17 Dec 2021.

  • Charges

    A charge registered on 15 Sep 2014 via Charge ID 10522847 with Hdfc Bank Limited was fully satisfied on 06 Sep 2021.

  • Charges

    A charge registered on 24 Feb 2016 via Charge ID 10621603 with Others was fully satisfied on 12 Apr 2021.

  • Annual General Meeting

    Harsha Engineers Limited last Annual general meeting of members was held on 21 Sep 2020 as per latest MCA records.

  • Balance Sheet

    Harsha Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.

  • Director Appointment

    Hetal Brijesh Ukani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Nov 2019 & has been associated with this company since 5 years 5 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Harsha Engineers Limited?

    Harsha Engineers Limited was incorporated on 04 Mar 1986.

  • What is authorized share capital and paid-up capital of Harsha Engineers Limited?

    The authorized share capital of Harsha Engineers Limited is ₹ 35.00 Cr and paid-up capital is ₹ 24.08 Cr.

  • Who are the current board members & directors of Harsha Engineers Limited?

    Currently 10 directors are associated with Harsha Engineers Limited.

    • Ambar Jayantilal Patel
    • Rajendra Shantilal Shah
    • Harish Ranjit Rangwala
    • Pilak Rajendra Shah
    • Hetal Brijesh Ukani
    • Kunal Dilipbhai Shah
    • Vishal Harish Rangwala
    • Neharika Vohra
    • Vishal Harish Rangwala
    • Maulik Sureshkumar Jasani

  • What is the registered address of Harsha Engineers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Harsha Engineers Limited is Changodar Sarkhej-Bavla Road, Po India, Ahmedabad, Gujarat, 382213.

  • What is the corporate identification number (CIN) and company number of Harsha Engineers Limited?

    The corporate identification number (CIN) of Harsha Engineers Limited is U29259GJ1986PLC008520 and the company number is 008520 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Harsha Engineers Limited?

    The Official website of Harsha Engineers Limited is https://www.harshaengineers.com

  • What has been the recent revenue trend for Harsha Engineers Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Harsha Engineers Limited has fallen by -12.20%.

  • How many employees does Harsha Engineers Limited currently have?

    As Per 2020 financial reports, 1884 employees are currently employed by Harsha Engineers Limited.

  • What change has been observed in the net worth of Harsha Engineers Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Harsha Engineers Limited has experienced an upsurge of 8.12%.

  • When was the last Balance Sheet of Harsha Engineers Limited filed with the ROC?

    The most recent Balance Sheet for Harsha Engineers Limited was filed with the ROC on 31 Mar 2020.

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