About Nidec India Precision Tools Limited
Data last updated:
Nidec India Precision Tools Limited is a public limited company based in Ranipet, Tamil Nadu, India, a subsidiary of Nidec India Private Company Limited. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 12 March 1963 and has been in existence for over 63 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29130TN1963PLC004990. Its GSTIN is 33AAACS5081L1Z9 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.97 Cr. It was formerly known as Mitsubishi Heavy Industries India Precision Tools Limited. It is led by directors including Nallappan Valliappan (Managing Director) and Madhavaram Annamalai Dhanasekaran (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2 Sipcot Industrial Complex, Ranipet, Tamil Nadu, India – 632403.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.14 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹21.78 Cr (net margin 17.4%) and EBITDA of ₹39.35 Cr (EBITDA margin 31.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
The company has about 286 employees on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹44 Cr; the latest was in March 2021. Its 10 peer companies in the Machinery and Equipment industry (Tools and Components) are compared by revenue, 5 larger and 5 smaller; the largest is A.P.Fasteners Private Limited with revenue of ₹127.55 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 8 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nidec.com.
Name History of Nidec India Precision Tools Limited
Nidec India Precision Tools has undergone 2 name changes throughout its history. The company was previously known as Mitsubishi Heavy Industries India Precision Tools Limited, and Nidec India Precision Tools Limited. The current legal name is Nidec India Precision Tools Limited.
| Company Name | Status |
|---|---|
| Nidec India Precision Tools Limited | Current |
| Mitsubishi Heavy Industries India Precision Tools Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2 Sipcot Industrial Complex, Ranipet, Tamil Nadu, India – 632403
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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
- One PDF report, delivered after checkout
Business Activity of Nidec India Precision Tools Limited
The main business activity of Nidec India Precision Tools is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nidec India Precision Tools Limited FY 2025 filings available
Nidec India Precision Tools Limited reported revenue of ₹125.14 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nidec India Precision Tools Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 1% growth in the latest year. EBITDA fell 4% 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 of Nidec India Precision Tools Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹39.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.78 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 of Nidec India Precision Tools Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nidec India Precision Tools are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nidec India Precision Tools Limited
Nidec India Precision Tools has 9 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yoshihiro Wada | Director | 12 Oct 2023 | 3 Years 0 Months | Current |
| Haruhiko Niitani | Director | 12 Oct 2023 | 3 Years 0 Months | Current |
| Prafful Lalwani | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
| Nallappan Valliappan | Managing Director | 28 Jun 2019 | 7 Years 3 Months | Current |
| Munetaka Nomura | Director | 13 Mar 2019 | 7 Years 7 Months | Current |
| Appan Priya Also directs: Dynavision Green Solutions Limited | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
Peer Comparison of Nidec India Precision Tools Limited
Nidec India Precision Tools Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.P.Fasteners Private Limited | ₹127.55 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Telangana, India |
| Knitwell India Private Limited | ₹127.31 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chandigarh, India |
| G.I.Auto Private Limited | ₹126.88 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Rathi Transpower Private Limited | ₹126.3 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Khed, Maharashtra, India |
| Cosmos Engitech Private Limited | ₹125.39 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Vadodara, Gujarat, India |
| Nidec India Precision Tools Limited this company | ₹125.14 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ranipet, Tamil Nadu, India |
| Goldy Precision Technologies Private Limited | ₹124.55 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Nashik, Maharashtra, India |
| Ashwani Metals Private Limited | ₹124.37 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Jamnagar, Gujarat, India |
| Kisaan Die Tech Private Limited | ₹122.45 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Suma Springs Private Limited | ₹120.48 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Harris Brushes India Private Limited | ₹119.93 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nidec India Precision Tools by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nidec India Precision Tools Limited
Nidec India Precision Tools Limited is audited by Srikanth & Shanthi Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Srikanth & Shanthi Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nidec India Precision Tools Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nidec India Precision Tools Limited
Nidec India Precision Tools Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Nidec India Precision Tools Limited
Nidec India Precision Tools Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹44 Cr; the latest was in March 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Nidec India Private Limited Seller: Mitsubishi Heavy Industries Limited |
| Jul 2006 | Funding round | ₹44 Cr | Investors: Mitsubishi Heavy Industries Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Nidec India Precision Tools Limited
Nidec India Precision Tools Limited has 7 court cases on record: 7 filed by Nidec India Precision Tools. 2 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Madras High Court | Appeal | Filed by the company against an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Commissioner of Income Tax (Appeals | Disposed |
| Madras High Court | Writ petition | Filed by the company against Commissioner of Income Tax (Appeals | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Nidec India Precision Tools Limited
Nidec India Precision Tools Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 8 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 |
|---|---|---|---|
| Annarathna Catering Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Nidec India Precision Tools Limited
Nidec India Precision Tools Limited has a workforce of 286 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nidec India Precision Tools Limited
Nidec India Precision Tools Limited has 38 board changes on record since 2007: 9 appointments and 29 cessations. The latest: Shingo Iwata ceased to be Additional Director on 29 Sep 2024.
29 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nidec India Precision Tools Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nidec India Precision Tools Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nidec India Precision Tools Limited
Nidec India Precision Tools has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACS5081L1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
| 06AAACS5081L1Z6 | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nidec India Precision Tools Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Nidec India Precision Tools Limited
Frequently Asked Questions about Nidec India Precision Tools Limited
Nidec India Precision Tools is an active public limited company based in Ranipet, Tamil Nadu, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 12 March 1963 (63+ years old) and is registered under CIN U29130TN1963PLC004990.
Nidec India Precision Tools reported revenue of ₹125.14 Cr for FY 2025 (up 1% YoY).
Nidec India Precision Tools has 9 current directors:
- Nallappan Valliappan - Managing Director
- Madhavaram Annamalai Dhanasekaran - Whole-Time Director
- Shingo Iwata - Whole-Time Director
- Rathakrishnan Sankar - Whole-Time Director
- Yoshihiro Wada - Director
- Haruhiko Niitani - Director
- Prafful Lalwani - Director
- Munetaka Nomura - Director
- Appan Priya - Director
Nidec India Precision Tools reported a net profit of ₹21.78 Cr (net margin 17.4%) and EBITDA of ₹39.35 Cr (EBITDA margin 31.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nidec India Precision Tools is 6% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nidec India Precision Tools is 33AAACS5081L1Z9, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAACS5081L1Z6 (Haryana).
The CIN (Corporate Identification Number) of Nidec India Precision Tools is U29130TN1963PLC004990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nidec India Precision Tools has 7 court cases on record: 7 filed by the company. 2 are pending.
Nidec India Precision Tools was incorporated on 12 March 1963, making it 63+ years old. It is registered with the Registrar of Companies, Chennai.
Nidec India Precision Tools has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹44 Cr; the latest was in March 2021.
The peers of Nidec India Precision Tools by revenue are A.P.Fasteners Private Limited, Knitwell India Private Limited, G.I.Auto Private Limited, Rathi Transpower Private Limited, Cosmos Engitech Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Shingo Iwata ceased to be Additional Director on 29 Sep 2024. Madhavaram Annamalai Dhanasekaran was appointed as Whole-Time Director on 01 Jul 2024. Rathakrishnan Sankar was appointed as Whole-Time Director on 01 Jul 2024. Nidec India Precision Tools has 38 board changes on record in total.