Naini Aerospace Limited

Naini Aerospace Limited - transport and logistics in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U29309KA2016GOI098895 Incorporated 29 December 2016 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Public Limited Union Government Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2025
₹18.86 Cr
▲ 28% YoY
Net profit · FY 2025
₹1.38 Cr
Net margin 7.3%
EBITDA · FY 2025
₹2.11 Cr
EBITDA margin 11.2%
Authorised capital
₹65 Cr
Registered with MCA
Paid-up capital
₹65 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
103
Provident fund records
Directors on board
5
As per MCA filings

About Naini Aerospace Limited

Data last updated:

Naini Aerospace Limited is a public limited union government company based in Bengaluru, Karnataka, India, a subsidiary of Hindustan Aeronautics Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 29 December 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2016GOI098895. Its GSTIN is 09AAFCN4601E1ZR (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹65 Cr. It is led by directors including Anbuvelan Subramanian and Sajal Prakash.

Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 15/1 Cubbon Road, Bengaluru, Karnataka, India – 560001.

As per the financials filed for FY 2025, the company reported a revenue of ₹18.86 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Cr (net margin 7.3%) and EBITDA of ₹2.11 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 20% over five years.

The company has about 103 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Naini Aerospace Limited. Court records list 6 cases involving the company, including 6 filed against it. The company has 1 deal on record (1 rights issue); the latest was in August 2022.

Naini Aerospace Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-03-0002727). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nael.co.in.

Company details

CIN U29309KA2016GOI098895
Registration Number 098895
Incorporation Date 29 December 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hindustan Aeronautics Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-03-0002727
Key People
Anbuvelan Subramanian Nominee Director Sajal Prakash Nominee Director Satyanarayana Muthuluri Nominee Director

Recognitions & Rankings of Naini Aerospace

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-03-0002727

Contact details

Naini Aerospace Limited's registered office is in Bengaluru, Karnataka. Its website is nael.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nael.co.in
  • Registered Address
    15/1 Cubbon Road, Bengaluru, Karnataka, India – 560001
  • Industry
    Transport and Logistics, Aircraft & Component Manufacturing

To see the full contact details of Naini Aerospace Limited, buy the company report.

Comprehensive company report
Naini Aerospace 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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Brands

Naini Aerospace operates one associated brand: Naini Aerospace Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Naini Aerospace Limited
Aerospace manufacturing and MRO services in India.nael.co.in

Business activity

The main business activity of Naini Aerospace is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Naini Aerospace Limited, buy the company report.

Financials of Naini Aerospace Limited

FY 2025 filings available

Naini Aerospace Limited reported revenue of ₹18.86 Cr (up 28% YoY) for FY 2025.

Revenue · FY 2025
₹18.86 Cr ▲ 28%
Net profit · FY 2025
₹1.38 Cr margin 7.3%
EBITDA · FY 2025
₹2.11 Cr margin 11.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 63%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 192%
3 years · compounded
▲ 30%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 28% growth in the latest year. EBITDA rose 192% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.11 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.38 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.2%
Net Profit Margin7.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Naini Aerospace Limited, buy the company report.

Board of directors of Naini Aerospace Limited

Naini Aerospace has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anbuvelan SubramanianNominee Director01 Jul 20197 Years 4 MonthsCurrent
Sajal PrakashNominee Director11 Jan 20188 Years 9 MonthsCurrent
Satyanarayana MuthuluriNominee Director17 Dec 20241 Years 10 MonthsCurrent
Sri Krishna Prasad VadlaniNominee Director05 Aug 20251 Years 3 MonthsCurrent
Shailendra Singh ChandelNominee Director07 Nov 20251 Years 0 MonthsCurrent
View all directors

Auditor

Naini Aerospace Limited is audited by Gopal Gupta & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Gopal Gupta & CoFY 2023000878C

Shareholding

The shareholding of Naini Aerospace Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Naini Aerospace Limited, buy the company report.

Deals & funding

Naini Aerospace Limited has 1 deal on record (1 rights issue); the latest was in August 2022.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Aug 2022Rights issue₹15 CrInvestors: Hindustan Aeronautics Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Naini Aerospace Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Naini Aerospace Limited has a workforce of 103 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
103
Active EPFO establishments
1
Employee growth
-8.85%

GST

Naini Aerospace has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AAFCN4601E1ZRUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Naini Aerospace Limited, buy the company report.

Recent activity

Naini Aerospace Limited has 17 board changes on record since 2017: 5 appointments and 12 cessations. The latest: Shailendra Singh Chandel was appointed as Nominee Director on 07 Nov 2025.

Appointed
Shailendra Singh Chandel was appointed as Nominee Director.
AGM
Naini Aerospace Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Ceased
Nihar Ranjan Rath ceased to be Nominee Director.
Ceased
Satyanarayana Muthuluri ceased to be Nominee Director.
Ceased
Sri Krishna Prasad Vadlani ceased to be Nominee Director.
Ceased
Puneet Kumar ceased to be Nominee Director.
Appointed
Sri Krishna Prasad Vadlani was appointed as Nominee Director.
Filing
Naini Aerospace Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sajal Prakash ceased to be Nominee Director.
Appointed
Satyanarayana Muthuluri was appointed as Nominee Director.
Ceased
Anbuvelan Subramanian ceased to be Nominee Director.
Ceased
Rakesh Mishra ceased to be Nominee Director.

8 earlier events are in the company report.

Frequently asked questions

Naini Aerospace is an active public limited union government company based in Bengaluru, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 29 December 2016 (10+ years old) and is registered under CIN U29309KA2016GOI098895.

Naini Aerospace has 5 current directors:

The latest financial statements of Naini Aerospace on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Naini Aerospace is 09AAFCN4601E1ZR, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Naini Aerospace is U29309KA2016GOI098895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Naini Aerospace has 6 court cases on record: 6 filed against it.

Naini Aerospace was incorporated on 29 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Naini Aerospace has 1 deal on record (1 rights issue); the latest was in August 2022.

Shailendra Singh Chandel was appointed as Nominee Director on 07 Nov 2025. Nihar Ranjan Rath ceased to be Nominee Director on 01 Sep 2025. Satyanarayana Muthuluri ceased to be Nominee Director on 01 Sep 2025. Naini Aerospace has 17 board changes on record in total.

Yes, Naini Aerospace is registered as a small enterprise under Udyam registration (number: UDYAM-UP-03-0002727).