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HARI KRISHNA EXPORTS PRIVATE LIMITED

Active
Updated: 04 Nov 2024

The company manufactures, exports, and retails diamonds and diamond jewelry products

Hari Krishna Exports Private Limited, is an unlisted private company incorporated on 16 February, 2012. It is classified as a private limited company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 160.00 cr and the total paid-up capital is INR 13.09 cr.

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Industry

Manufacturing (Others)
Products
  • loose diamonds and diamonds for private label brands
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
-36.15%
₹ 5,712.7
EBITDA
-35.53%
₹ 344.1
Net Profit
-44.23%
₹ 180.8
Networth
7.3%
₹ 2,651.0
Borrowings
-14.81%
₹ 1,088.2
Assets
-13.43%
₹ 4,662.4
Gross Margin
-0.92
15.3 %
Operating Margin
0.1
6.1 %
Net Profit Margin
-0.45
3.2 %
Return on Equity
-6.31
6.8 %
ROCE
-11.34
12.2 %
Debt to Equity
-0.11
0.4
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (6)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
  • REVENUE BELOW AVERAGE
Low Risk
  • HIGH INVENTORY
  • ROCE DETERIORATING
  • REVENUE DECLINE
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 7,603.6 7,261.5 10,581.4 8,914.5 5,647.1
Operating profit 304.6 244.3 626.5 533.7 344.1
Net profit 166.5 278.9 478.0 324.3 180.8
Gross margin 14.7 12.8 14.8 16.2 15.3
Operating margin 4.0 3.4 5.9 6.0 6.1
Net margin 2.2 3.7 4.5 3.6 3.2
Networth 1,389.1 1,668.3 2,145.4 2,470.6 2,651.0
Borrowings 1,329.1 1,489.6 1,551.1 1,277.4 1,088.2
Assets 4,161.4 4,297.8 5,499.2 5,385.8 4,662.4
Debt to equity 1.0 0.9 0.7 0.5 0.4
Current ratio 1.4 1.5 1.5 1.5 1.9
ROE 12.0 16.7 22.3 13.1 6.8
Days payable 66.0 46.0 61.0 73.0 60.0
WC days 50.0 68.0 53.0 64.0 119.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 13.1 13.1 13.1 13.1 13.1
Reserves 1,376.1 1,655.2 2,132.3 2,457.5 2,637.9
Borrowings + 1,329.1 1,489.6 1,551.1 1,277.4 1,088.2
Long term borrowings 4.4 20.3 2.8 1.2 0.4
Short term borrowings 1,324.7 1,469.4 1,548.3 1,276.2 1,087.8
Trade payables + 1,173.6 804.4 1,515.2 1,493.5 781.5
Days payable 66.0 46.0 61.0 73.0 60.0
Other liabilities + 1,443.1 1,139.9 1,802.6 1,637.9 923.2
Other non-current liabilities 12.8 15.3 16.1 14.5 19.9
Other current liabilities 256.7 320.2 271.3 129.8 121.8
Total liabilities 4,161.4 4,297.8 5,499.2 5,385.8 4,662.4
Fixed Assets + 200.0 220.4 479.5 520.2 520.1
Tangible assets 194.3 209.1 438.5 486.9 512.6
CWIP 4.5 10.5 40.7 33.2 6.9
Intangible assets 1.2 0.8 0.3 0.1 0.6
LT loans and advances - - - 36.5 -
Other non-current assets 174.9 130.6 156.3 366.9 306.9
Current assets + 3,786.5 3,946.8 4,863.4 4,462.2 3,835.3
Inventories 2,914.2 2,458.5 3,335.2 3,589.2 3,094.2
Trade receivables 665.3 945.8 1,050.4 526.9 498.2
Cash and cash equivalents 46.5 33.9 29.5 38.4 41.0
ST loans and advances 0.6 1.3 53.7 5.4 5.8
Other current assets 160.0 507.2 394.5 302.2 196.1
Total assets 4,161.4 4,297.8 5,499.2 5,385.8 4,662.4
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 7,603.6 7,261.5 10,581.4 8,914.5 5,647.1
Sales growth % -6.53 -4.5 45.72 -15.75 -36.65
Expenses + 7,410.2 7,103.7 10,046.6 8,510.2 5,455.5
Cost of goods 6,484.3 6,329.9 9,012.7 7,466.1 4,781.4
Employee cost 223.8 226.3 298.9 248.8 191.6
Other costs 590.9 460.9 643.3 665.8 330.0
Operating profit + 304.6 244.3 626.5 533.7 344.1
Operating margin % 4.0 3.4 5.9 6.0 6.1
Other income 10.8 219.0 116.7 32.7 65.6
Interest 77.2 56.2 54.0 86.5 97.4
Depreciation 34.0 30.4 37.7 43.0 55.1
Exceptional items - - - - -
Profit before tax 204.3 376.8 651.6 437.0 257.2
Tax 37.8 97.9 173.5 112.7 76.3
Profit - disc. ops - - - - -
Net profit 166.5 278.9 478.0 324.3 180.8
Net margin % 2.2 3.7 4.5 3.6 3.2
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 1.0 0.9 0.7 0.5 0.4
Net Debt/Equity 0.9 0.9 0.7 0.5 0.4
Total Debt/Assets 0.3 0.3 0.3 0.2 0.2
Total Assets/Equity 3.0 2.6 2.6 2.2 1.8
Liquidity +
Current Ratio 1.4 1.5 1.5 1.5 1.9
Quick Ratio 0.3 0.6 0.5 0.3 0.4
Interest Coverage 4.0 4.3 11.6 6.2 3.5
Performance
Gross Margin 14.7 12.8 14.8 16.2 15.3
Operating Margin 4.0 3.4 5.9 6.0 6.1
Net Margin 2.2 3.7 4.5 3.6 3.2
Return +
Return on Equity 12.0 16.7 22.3 13.1 6.8
Pre-tax ROCE 22.0 13.6 29.3 23.6 12.2
Return on Assets 4.0 6.5 8.7 6.0 3.9
Pre-tax ROIC 10.1 6.8 16.1 13.2 7.8
Efficiency +
Days Payable 66.0 46.0 61.0 73.0 60.0
Days Inventory 164.0 142.0 135.0 175.0 236.0
Days Receivable 32.0 48.0 36.0 22.0 32.0
Fixed Asset Turnover 38.0 33.0 22.1 17.1 10.9
Total Asset Turnover 1.8 1.7 1.9 1.7 1.2
Working Capital
Cash Conversion Cycle 130.0 144.0 110.0 124.0 208.0
Working Capital Days 50.0 68.0 53.0 64.0 119.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

State Bank of India

No. of Loans: 6

Total Amount : 4,202.9 cr

2

Saraswat Co-operative Bank Ltd

No. of Loans: 1

Total Amount : 21.0 cr

3

Bank of India

No. of Loans: 1

Total Amount : 21.0 cr

4

Union Bank of India

No. of Loans: 1

Total Amount : 13.5 cr

5

Saraswat Co-op Bank Ltd

No. of Loans: 1

Total Amount : 4.2 cr

6

Axis Bank Limited

No. of Loans: 1

Total Amount : 0.7 cr

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Charges

State Bank of India
Saraswat Co-operative Bank Ltd
Bank of India
Union Bank of India
Others

People

Designation Name DIN/PAN Tenure
Whole-time Director Hasmukhbhai Thakarshibhai Dholakiya
Shareholder
01474973 13 years
Managing Director Ghanshyambhai Dhanjibhai Dholakia
Shareholder
01474986 13 years
Whole-time Director Savji Dhanji Dholakia
Shareholder
02069387 13 years
Whole-time Director Tulsi Dhanji Dholakia
Shareholder
03268245 13 years
Director Rajagopalan Balakrishanan Kuravai 06416811 13 years
CS Sheetal Nagesh Karkera <HIDDEN> 11 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
H.K.DESIGNS (INDIA) LLP
Active
35.0 Cr 1 Maharashtra
H. K. JEWELS PRIVATE LIMITED
Active
2.0 Cr 2 Maharashtra
DISHA EMOTIONAL GYM PRIVATE LIMITED
Strike Off
1.0 L 1 Gujarat
SAMAST PATIDAR AAROGYA FOUNDATION
Active
57.0 L 1 Delhi
DHOLAKIA FOUNDATION
Active
0.0 1 Delhi
GUJARAT HIRA BOURSE
Active
0.0 1 Gujarat
JIVAPAR KHEDUTPAY GRAMIN VIKAS FARMER PRODUCER COMPANY LIMITED
Not available for efiling
10,000.0 1 Gujarat
DHOLAKIA VENTURES LLP
Active
1.0 L 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
H. K. JEWELS PRIVATE LIMITED Maharashtra 2009 ₹ 2.0 Cr
H.K. Diamonds Botswana Pty. Ltd Botswana - -

Registered Details

CIN

U36912MH2012PTC227014

PAN

AACCH8430N

Incorporation

2012, 13.2 years

Company Email

cs@hk.co

Paid up Capital

₹ 13.1 Cr

Authorised Capital

₹ 160.0 Cr

AGM

Oct 2023

Type

Private
Non-government Company

FAQ - HARI KRISHNA EXPORTS PRIVATE LIMITED

What is the incorporation date of HARI KRISHNA EXPORTS PRIVATE LIMITED?

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The incorporation date of HARI KRISHNA EXPORTS PRIVATE LIMITED is 16 February, 2012

What is the authorized share capital of HARI KRISHNA EXPORTS PRIVATE LIMITED?

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The authorized share capital of HARI KRISHNA EXPORTS PRIVATE LIMITED is INR ₹ 160.0 Cr.

What is the paid-up capital of HARI KRISHNA EXPORTS PRIVATE LIMITED?

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The paid-up capital of HARI KRISHNA EXPORTS PRIVATE LIMITED is INR ₹ 13.1 Cr.

What is the registered address of HARI KRISHNA EXPORTS PRIVATE LIMITED?

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The registered address of HARI KRISHNA EXPORTS PRIVATE LIMITED is Unit No.1701, "The Capital", 17th Floor, B wing Plot No.C-70, Bandra Kurla Complex, Bandra East Mumbai Maharashtra - 400051

What is the CIN number of HARI KRISHNA EXPORTS PRIVATE LIMITED?

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The CIN number of HARI KRISHNA EXPORTS PRIVATE LIMITED is U36912MH2012PTC227014.

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