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HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED

Active
Updated: 23 Oct 2024

The company designs audio products, infotainment systems, software and connected services.

Harman International (India) Private Limited, is an unlisted private company incorporated on 05 January, 2009. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 250.00 cr and the total paid-up capital is INR 247.41 cr.

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Industry

Computer Related Services
Products
  • Loudspeaker, Infotainment, and Home Entertainment, Sound, Consumer Electronics, Automotive Sound, Audio, Professional Sound
Key Metrics

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

Total Revenue
9.69%
₹ 4,546.2
EBITDA
10.21%
₹ 575.5
Net Profit
14.79%
₹ 335.6
Networth
23.67%
₹ 1,200.8
Borrowings
-86.64%
₹ 0.3
Assets
9.1%
₹ 2,384.7
Gross Margin
4.93
41.2 %
Operating Margin
0.09
12.8 %
Net Profit Margin
0.33
7.4 %
Return on Equity
-2.17
27.9 %
ROCE
-4.23
40.1 %
Debt to Equity
-
0.0
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (16)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
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 2,015.2 2,571.0 3,162.7 4,125.3 4,512.3
Operating profit 297.0 344.1 430.8 522.2 575.5
Net profit 134.7 175.5 221.9 292.3 335.6
Gross margin 50.9 41.0 37.9 36.3 41.2
Operating margin 14.7 13.4 13.6 12.7 12.8
Net margin 6.7 6.8 7.0 7.0 7.4
Networth 581.2 755.2 895.3 971.0 1,200.8
Borrowings - 63.1 77.8 2.3 0.3
Assets 1,290.0 1,548.4 1,956.2 2,185.7 2,384.7
Debt to equity 0.0 0.1 0.1 0.0 0.0
Current ratio 1.5 1.8 1.9 1.9 2.1
ROE 23.2 23.2 24.8 30.1 27.9
Days payable 148.0 111.0 68.0 67.0 71.0
WC days 56.0 73.0 72.0 67.0 77.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 247.4 247.4 247.4 247.4 247.4
Reserves 333.8 507.8 647.9 723.6 953.4
Borrowings + - 63.1 77.8 2.3 0.3
Long term borrowings - - - - -
Short term borrowings - 63.1 77.8 2.3 0.3
Trade payables + 401.9 461.7 363.2 482.2 519.3
Days payable 148.0 111.0 68.0 67.0 71.0
Other liabilities + 708.8 730.1 983.1 1,212.3 1,183.5
Other non-current liabilities 139.2 112.0 404.6 365.2 351.1
Other current liabilities 167.7 156.4 215.3 364.9 313.0
Total liabilities 1,290.0 1,548.4 1,956.2 2,185.7 2,384.7
Fixed Assets + 189.7 199.7 180.0 170.3 180.0
Tangible assets 178.9 183.2 174.5 163.1 163.9
CWIP 2.3 9.7 0.2 3.0 11.9
Intangible assets 8.5 6.8 5.4 4.2 4.2
LT loans and advances 42.0 12.2 - - -
Other non-current assets 180.0 139.4 494.6 413.4 418.4
Current assets + 878.4 1,197.1 1,281.6 1,602.1 1,786.2
Inventories 318.7 456.3 446.1 523.2 556.2
Trade receivables 373.5 415.6 396.5 439.8 536.0
Cash and cash equivalents 83.4 137.3 222.8 372.6 506.4
ST loans and advances 5.5 21.8 - - -
Other current assets 97.3 166.2 216.3 266.5 187.7
Total assets 1,290.0 1,548.4 1,956.2 2,185.7 2,384.7
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,015.2 2,571.0 3,162.7 4,125.3 4,512.3
Sales growth % 25.79 27.58 23.01 30.44 9.38
Expenses + 1,823.9 2,346.0 2,873.1 3,748.4 4,089.6
Cost of goods 990.2 1,516.7 1,963.5 2,627.9 2,651.8
Employee cost 420.7 456.6 528.1 648.7 824.8
Other costs 307.3 253.6 240.3 326.4 460.3
Operating profit + 297.0 344.1 430.8 522.2 575.5
Operating margin % 14.7 13.4 13.6 12.7 12.8
Other income 7.3 12.3 10.2 19.1 33.8
Interest 13.8 15.1 31.6 32.4 32.1
Depreciation 91.9 104.0 109.7 112.9 120.7
Exceptional items - - - - -
Profit before tax 198.7 237.4 299.7 396.0 456.5
Tax 64.0 61.9 77.7 103.7 121.0
Profit - disc. ops - - - - -
Net profit 134.7 175.5 221.9 292.3 335.6
Net margin % 6.7 6.8 7.0 7.0 7.4
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.0 0.1 0.1 0.0 0.0
Net Debt/Equity 0.0 0.0 0.0 0.0 0.0
Total Debt/Assets 0.0 0.0 0.0 0.0 0.0
Total Assets/Equity 2.2 2.0 2.2 2.2 2.0
Liquidity +
Current Ratio 1.5 1.8 1.9 1.9 2.1
Quick Ratio 1.0 1.1 1.3 1.3 1.5
Interest Coverage 21.6 22.9 13.6 16.1 17.9
Performance
Gross Margin 50.9 41.0 37.9 36.3 41.2
Operating Margin 14.7 13.4 13.6 12.7 12.8
Net Margin 6.7 6.8 7.0 7.0 7.4
Return +
Return on Equity 23.2 23.2 24.8 30.1 27.9
Pre-tax ROCE 41.1 33.6 39.9 44.4 40.1
Return on Assets 10.4 11.3 11.3 13.4 14.1
Pre-tax ROIC 35.3 31.8 35.9 42.1 37.9
Efficiency +
Days Payable 148.0 111.0 68.0 67.0 71.0
Days Inventory 117.0 110.0 83.0 73.0 77.0
Days Receivable 68.0 59.0 46.0 39.0 43.0
Fixed Asset Turnover 10.6 12.9 17.6 24.2 25.1
Total Asset Turnover 1.6 1.7 1.6 1.9 1.9
Working Capital
Cash Conversion Cycle 37.0 58.0 61.0 45.0 49.0
Working Capital Days 56.0 73.0 72.0 67.0 77.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation Name DIN/PAN Tenure
Whole-time Director Vijayalakshmi Natarajan 07896703 8 years
Whole-time Director Kedar Vitthal Sapre 08770392 5 years
Director Gopalakrishnan Krishna Kumar 09099063 2 years
Director Tamika Avella Frimpong 10297858 2 years
CS Kuldeep Kaur <HIDDEN> 7 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address

Registered Details

CIN

U72200KA2009PTC048794

PAN

AACCH1585J

Incorporation

2009, 16.4 years

Company Email

Kuldeep.Kaur@harman.com

Paid up Capital

₹ 247.4 Cr

Authorised Capital

₹ 250.0 Cr

AGM

Sep 2023

Type

Private
Non-government Company

FAQ - HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED

What is the incorporation date of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED?

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The incorporation date of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED is 05 January, 2009

What is the authorized share capital of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED?

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The authorized share capital of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED is INR ₹ 250.0 Cr.

What is the paid-up capital of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED?

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The paid-up capital of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED is INR ₹ 247.4 Cr.

What is the registered address of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED?

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The registered address of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED is Salarpuria Sattva Knowledge Court office-1, Wing A & B, 3rd floor Plot No. 9, Phase I , Doddenakkund Bangalore North Bangalore Karnataka - 560048

What is the CIN number of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED?

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The CIN number of HARMAN INTERNATIONAL (INDIA) PRIVATE LIMITED is U72200KA2009PTC048794.

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