MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0231552
Nexa Elevator Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.82 Cr
▲ 1% YoY
Net profit · FY 2024
₹33.86 Lakh
Net margin 5.8%
EBITDA · FY 2024
₹45.33 Lakh
EBITDA margin 7.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Nexa Elevator Private Limited
Data last updated:
Nexa Elevator Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29304KA2016PTC097857. Its GSTIN is 29AAFCN4201L2ZD (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gangadhar Rajesh and Mridula Naik Shridhar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1185 11th Cross 22nd Main Hsr Layout I Sector Bangalore – 560102, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.82 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹33.86 Lakh (net margin 5.8%) and EBITDA of ₹45.33 Lakh (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 13% over five years.
The company is associated with 1 brand: Nexa Elevator.
Nexa Elevator Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0231552). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nexaelevator.com.
Company details
CIN U29304KA2016PTC097857
Registration Number 097857
Incorporation Date 17 November 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0231552
Recognitions & Rankings of Nexa Elevator
Contact details
Nexa Elevator Private Limited's registered office is in Bangalore, Karnataka. Its website is nexaelevator.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1185 11th Cross 22nd Main Hsr Layout I Sector Bangalore – 560102, Karnataka, India – 560102
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Nexa Elevator Private Limited, buy the company report.
Comprehensive company report
Nexa Elevator 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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Brands
Nexa Elevator operates one associated brand: Nexa Elevator. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevator manufacturing and services for residential, commercial, and industrial sectors in India. | nexaelevator.com |
Business activity
The main business activity of Nexa Elevator is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nexa Elevator Private Limited, buy the company report.
Financials of Nexa Elevator Private Limited
FY 2025 filings availableNexa Elevator Private Limited reported revenue of ₹5.82 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹5.82 Cr ▲ 1%
Net profit · FY 2024
₹33.86 Lakh margin 5.8%
EBITDA · FY 2024
₹45.33 Lakh margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 22%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 49%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA rose 73% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹45.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.86 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 Nexa Elevator Private Limited, buy the company report.
Board of directors of Nexa Elevator Private Limited
Nexa Elevator has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gangadhar Rajesh Also directs: Rayacme Power India Private Limited | Director | 17 Nov 2016 | 9 Years 11 Months | Current |
| Mridula Naik Shridhar Also directs: Rayacme Power India Private Limited | Director | 17 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Nexa Elevator Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Comfort Elevators & Escalators Private Limited | ₹5.84 Cr (FY 2024) | -33.0% | Bangalore, Karnataka, India | |||
| Nexa Elevator Private Limitedthis company | ₹5.82 Cr (FY 2024) | ₹33.86 Lakh | 5.8% | 1.0% | Bangalore, Karnataka, India | |
| Swastik Components Private Limited | ₹5.69 Cr (FY 2025) | 117.0% | Palwal, Haryana, India | |||
| Ories Elevators & Escalators (India) Private Limited | ₹5.58 Cr (FY 2025) | 55.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Nexa Elevator Private Limited, buy the company report.
Auditor
Nexa Elevator Private Limited is audited by RAND And CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAND And CO | FY 2023 | 010227S |
Shareholding
The shareholding of Nexa Elevator Private 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nexa Elevator Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nexa Elevator 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
Nexa Elevator Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lakshmi Industries | |||
| Stalwart Elevators Products Private Limited | |||
| Skyreach Fab |
To see the full MSME payment records of Nexa Elevator Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Nexa Elevator has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN4201L2ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexa Elevator Private Limited, buy the company report.
Recent activity
Nexa Elevator Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Gangadhar Rajesh was appointed as Director on 17 Nov 2016.
AGM
Nexa Elevator Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nexa Elevator Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Gangadhar Rajesh was appointed as Director.
Appointed
Mridula Naik Shridhar was appointed as Director.
Incorporation
17 Nov 2016
Nexa Elevator Private Limited was registered on 17 Nov 2016 with Roc Bangalore & aged 9 years 11 months as per MCA records.
Frequently asked questions
Nexa Elevator is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 17 November 2016 (10+ years old) and is registered under CIN U29304KA2016PTC097857.
Nexa Elevator has 2 current directors:
- Gangadhar Rajesh - Director
- Mridula Naik Shridhar - Director
The latest financial statements of Nexa Elevator on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Nexa Elevator is 29AAFCN4201L2ZD, registered in Karnataka. 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 Nexa Elevator is U29304KA2016PTC097857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexa Elevator was incorporated on 17 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nexa Elevator by revenue are Comfort Elevators & Escalators Private Limited, Swastik Components Private Limited, Ories Elevators & Escalators (India) Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Gangadhar Rajesh was appointed as Director on 17 Nov 2016. Mridula Naik Shridhar was appointed as Director on 17 Nov 2016.
Yes, Nexa Elevator is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0231552).
Nexa Elevator has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Nexa Elevator can be reached through the website nexaelevator.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Nexa Elevator is at 1185 11th Cross 22nd Main Hsr Layout I Sector Bangalore – 560102, Karnataka, India – 560102.
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