
Nexus Mercantile Private Limited
About Nexus Mercantile Private Limited
Data last updated:
Nexus Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Wella India Haircosmetics Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 12 April 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH1996PTC246757.
The company had an authorised share capital of ₹5.7 Cr and a paid-up capital of ₹5.64 Cr. It was led by directors Anand Narendra Nagda and Niranjani Chandramouli.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at P&G Plaza Cardinal Gracias Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2016, the company reported a revenue of ₹53.05 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹40.08 Lakh (net margin 75.6%) and EBITDA of ₹16.78 Lakh (EBITDA margin 31.6%).
Company details
CIN history
Nexus Mercantile has one previous CIN (Corporate Identification Number): U51311DL1996PTC117042. The current CIN is U51311MH1996PTC246757, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51311MH1996PTC246757 | Current |
| U51311DL1996PTC117042 | Previous |
Contact details
Nexus Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP&G Plaza Cardinal Gracias Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Nexus Mercantile Private Limited, buy the company report.
- 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
Financials of Nexus Mercantile Private Limited
FY 2017 filings availableNexus Mercantile Private Limited reported revenue of ₹53.05 Lakh (down 6% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹53.05 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹16.78 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹40.08 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 31.6% | |
| Net Profit Margin | 75.6% | |
| 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 Nexus Mercantile Private Limited, buy the company report.
Board of directors of Nexus Mercantile Private Limited
Nexus Mercantile has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Narendra Nagda Also directs: Candor Gurgaon One Realty Projects Private Limited, Inco Jade Private Limited, Inco Jade Private Limited and 5 more | Director | 15 Apr 2015 | 11 Years 6 Months | As last reported |
| Niranjani Chandramouli | Director | 15 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
Nexus Mercantile Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2016 |
Shareholding
The shareholding of Nexus Mercantile Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nexus Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nexus Mercantile 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 Nexus Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nexus Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nexus Mercantile Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Chandra Shekar Krishnamurthy ceased to be Company Secretary on 21 Sep 2017.
1 earlier event is in the company report.
Frequently asked questions
Nexus Mercantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nexus Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 April 1996 and is registered under CIN U51311MH1996PTC246757. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nexus Mercantile was incorporated on 12 April 1996. It is registered with the Registrar of Companies, Mumbai.
Nexus Mercantile had 2 directors:
- Anand Narendra Nagda - Director
- Niranjani Chandramouli - Director
The CIN (Corporate Identification Number) of Nexus Mercantile is U51311MH1996PTC246757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nexus Mercantile is at P&G Plaza Cardinal Gracias Road Chakala Andheri East, Mumbai, Maharashtra, India – 400099.
The latest financial statements of Nexus Mercantile on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Nexus Mercantile operated in the metals and minerals industry, in the materials retail and distribution segment.
Chandra Shekar Krishnamurthy ceased to be Company Secretary on 21 Sep 2017. Anand Narendra Nagda ceased to be Additional Director on 30 Sep 2015. Niranjani Chandramouli ceased to be Additional Director on 30 Sep 2015. Nexus Mercantile has 10 board changes on record in total.
Nexus Mercantile can be reached at its registered office: P&G Plaza Cardinal Gracias Road Chakala Andheri East, Mumbai, Maharashtra, India – 400099.

