MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0008283
_NITRIDE_PRIVATE_LIMITED.webp)
Diesel (India) Nitride Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.37 Cr
▲ 17% YoY
Net profit · FY 2025
₹67.02 Lakh
Net margin 19.9%
EBITDA · FY 2025
₹1.43 Cr
EBITDA margin 42.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Diesel (India) Nitride Private Limited
Data last updated:
Diesel (India) Nitride Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 26 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51410KA2002PTC031388. Its GSTIN is 29AACCD2075R1Z3 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mikhil Harish Patel (Managing Director) and Harish Kumar Patel Raoji Bhai.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 14 – C Industrial Area Stage II Kumabalgodu, Bangalore, Karnataka, India – 560074.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.37 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹67.02 Lakh (net margin 19.9%) and EBITDA of ₹1.43 Cr (EBITDA margin 42.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 14% over five years.
Diesel (India) Nitride Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0008283). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitrideindia.com.
Company details
CIN U51410KA2002PTC031388
Registration Number 031388
Incorporation Date 26 December 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0008283
Key People
Mikhil Harish Patel Managing Director Harish Kumar Patel Raoji Bhai Director Aditi Patel Director Recognitions & Rankings of Diesel (India) Nitride
Contact details
Diesel (India) Nitride Private Limited's registered office is in Bangalore, Karnataka. Its website is nitrideindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 14 – C Industrial Area Stage II Kumabalgodu, Bangalore, Karnataka, India – 560074
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Diesel (India) Nitride Private Limited, buy the company report.
Comprehensive company report
Diesel (India) Nitride Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Diesel (India) Nitride is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Diesel (India) Nitride Private Limited, buy the company report.
Financials of Diesel (India) Nitride Private Limited
FY 2025 filings availableDiesel (India) Nitride Private Limited reported revenue of ₹3.37 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹3.37 Cr ▲ 17%
Net profit · FY 2025
₹67.02 Lakh margin 19.9%
EBITDA · FY 2025
₹1.43 Cr margin 42.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 11%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 24%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 17% growth in the latest year. EBITDA rose 86% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹67.02 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.4% | ||||
| Net Profit Margin | 19.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Diesel (India) Nitride Private Limited, buy the company report.
Board of directors of Diesel (India) Nitride Private Limited
Diesel (India) Nitride has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mikhil Harish Patel | Managing Director | 09 Aug 2012 | 14 Years 2 Months | Current |
| Harish Kumar Patel Raoji Bhai | Director | 26 Dec 2002 | 23 Years 10 Months | Current |
| Aditi Patel | Director | 26 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Diesel (India) Nitride Private Limited is audited by RAVINDRA & PRABHAKARA for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRA & PRABHAKARA | FY 2018 | 006691S |
Shareholding
The shareholding of Diesel (India) Nitride Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Diesel (India) Nitride Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Diesel (India) Nitride Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Diesel (India) Nitride Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diesel (India) Nitride has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCD2075R1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diesel (India) Nitride Private Limited, buy the company report.
Recent activity
Diesel (India) Nitride Private Limited has 8 board changes on record since 2002: 3 appointments and 5 cessations. The latest: Aditi Patel was appointed as Director on 26 Sep 2025.
AGM
Diesel (India) Nitride Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Aditi Patel was appointed as Director.
Ceased
Neena Rohit Patel ceased to be Director.
Filing
Diesel (India) Nitride Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Harish Kumar Patel Raoji Bhai ceased to be Managing Director.
Ceased
Kapaniah Ramanna ceased to be Director.
Ceased
Mikhil Harish Patel ceased to be Additional Director.
Appointed
Mikhil Harish Patel was appointed as Managing Director.
Ceased
Natubhai Naganbhai Patel ceased to be Director.
Appointed
Harish Kumar Patel Raoji Bhai was appointed as Director.
Incorporation
26 Dec 2002
Diesel (India) Nitride Private Limited was registered on 26 Dec 2002 with Roc Bangalore & aged 23 years 10 months as per MCA records.
Frequently asked questions
Diesel (India) Nitride is an active private limited company based in Bangalore, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 26 December 2002 (24+ years old) and is registered under CIN U51410KA2002PTC031388.
Diesel (India) Nitride has 3 current directors:
- Mikhil Harish Patel - Managing Director
- Harish Kumar Patel Raoji Bhai - Director
- Aditi Patel - Director
The latest financial statements of Diesel (India) Nitride on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Diesel (India) Nitride is 29AACCD2075R1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Diesel (India) Nitride is U51410KA2002PTC031388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diesel (India) Nitride was incorporated on 26 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Aditi Patel was appointed as Director on 26 Sep 2025. Neena Rohit Patel ceased to be Director on 15 May 2025. Harish Kumar Patel Raoji Bhai ceased to be Managing Director on 01 Apr 2023. Diesel (India) Nitride has 8 board changes on record in total.
Yes, Diesel (India) Nitride is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0008283).
Diesel (India) Nitride can be reached through the website nitrideindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Diesel (India) Nitride is at Plot No. 14 – C Industrial Area Stage II Kumabalgodu, Bangalore, Karnataka, India – 560074.
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