About Nihal Projects Ltd
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Nihal Projects Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 31 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L70101WB1982PLC034928. It is a listed company as per MCA records.
The company has an authorised share capital of ₹12.47 Cr and a paid-up capital of ₹12.47 Cr. It is led by directors including Jayesh Shantilal Vira (Whole-Time Director) and Zalak Pratik Vira (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 Cabin No 6 Of 7 Grant Lane 3rd Floor Ganpati Chambers Room No 313, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2022, the company reported a revenue of ₹18,100, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹27.08 Lakh and EBITDA of -₹18.2 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 75% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nihalindia.com.
Company details
CIN history
Nihal Projects has one previous CIN (Corporate Identification Number): U70101WB1982PLC034928. The current CIN is L70101WB1982PLC034928, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70101WB1982PLC034928 | Current |
| U70101WB1982PLC034928 | Previous |
Contact details
Nihal Projects Ltd's registered office is in Kolkata, West Bengal. Its website is nihalindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCabin No 6 Of 7 Grant Lane 3rd Floor Ganpati Chambers Room No 313, Kolkata, West Bengal, India – 700012
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Nihal Projects Ltd, 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
Business activity
The main business activities of Nihal Projects are real estate and financial and insurance service. In detail, this covers real estate activities with own or leased property and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nihal Projects Ltd, buy the company report.
Financials of Nihal Projects Ltd
FY 2025 filings availableNihal Projects Ltd reported revenue of ₹18,100 (down 98% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 98% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18,100 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.08 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
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| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Nihal Projects Ltd, buy the company report.
Board of directors of Nihal Projects Ltd
Nihal Projects has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Shantilal Vira | Whole-Time Director | 21 Aug 2017 | 9 Years 2 Months | Current |
| Zalak Pratik Vira Also directs: Kalpatru Advisory Services Private Limited, Vira Foundation | Whole-Time Director | 02 Jul 2012 | 14 Years 4 Months | Current |
| Aashutosh Subhashchandra Katre Also directs: Arn Delicacy LLP, Yellow Seed Content Solutions Private Limited | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Ashish Dinesh Parekh | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Sumiran Hamir Mehta | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Pratik Jayesh Vira | Whole-Time Director | 21 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Nihal Projects Ltd is audited by AGARWAL PD & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL PD & ASSOCIATES | FY 2022 | 330651E |
Shareholding
The shareholding of Nihal Projects Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nihal Projects Ltd, buy the company report.
Legal cases
Nihal Projects Ltd has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by O3 Developers Private Limited Through Its Director Pradipkumar Vegada | Pending |
| High Court | Court case (ITR) | Filed against the company by an individual | Disposed |
To see the full case history of Nihal Projects Ltd, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Nihal Projects Ltd; 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 Nihal Projects Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nihal Projects Ltd has 26 board changes on record since 1982: 16 appointments and 10 cessations. The latest: Aashutosh Subhashchandra Katre was appointed as Director on 01 Mar 2021.
17 earlier events are in the company report.
Frequently asked questions
Nihal Projects is an active public limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 31 May 1982 (44+ years old) and is registered under CIN L70101WB1982PLC034928.
Nihal Projects has 6 current directors:
- Jayesh Shantilal Vira - Whole-Time Director
- Zalak Pratik Vira - Whole-Time Director
- Pratik Jayesh Vira - Whole-Time Director
- Aashutosh Subhashchandra Katre - Director
- Ashish Dinesh Parekh - Director
- Sumiran Hamir Mehta - Director
The latest financial statements of Nihal Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nihal Projects is L70101WB1982PLC034928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Nihal Projects is a listed company as per MCA records.
Nihal Projects has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Nihal Projects was incorporated on 31 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kolkata.
Aashutosh Subhashchandra Katre was appointed as Director on 01 Mar 2021. Ashish Dinesh Parekh was appointed as Director on 01 Mar 2021. Sumiran Hamir Mehta was appointed as Director on 01 Mar 2021. Nihal Projects has 26 board changes on record in total.
Nihal Projects can be reached through the website nihalindia.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Nihal Projects is at Cabin No 6 Of 7 Grant Lane 3rd Floor Ganpati Chambers Room No 313, Kolkata, West Bengal, India – 700012.
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