MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0167958
Nikhara Motors Private Limited - electrnoics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.16 Cr
▲ 605% YoY
Net profit · FY 2025
₹10.61 Lakh
Net margin 4.9%
EBITDA · FY 2025
₹14.6 Lakh
EBITDA margin 6.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Nikhara Motors Private Limited
Data last updated:
Nikhara Motors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic segment of the electronics sector. It was incorporated on 14 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2010PTC054450. Its GSTIN is 29AADCN3798G1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkatraman Bhat (Managing Director) and Bhagirathi Bhat.
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 No. 17 & 18 1st Floor 1st Main Road Mallathahalli, Bangalore, Karnataka, India – 560056.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.61 Lakh (net margin 4.9%) and EBITDA of ₹14.6 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 23% over five years.
The company is associated with 1 brand: Nikhara Motors. Court records list 65 cases involving the company, including 35 filed by the company and 30 filed against it.
Nikhara Motors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0167958). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nikharamotors.com.
Company details
CIN U29253KA2010PTC054450
Registration Number 054450
Incorporation Date 14 July 2010
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 Micro
Udyam Registration UDYAM-KR-03-0167958
Recognitions & Rankings of Nikhara Motors
Contact details
Nikhara Motors Private Limited's registered office is in Bangalore, Karnataka. Its website is nikharamotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 17 & 18 1st Floor 1st Main Road Mallathahalli, Bangalore, Karnataka, India – 560056
- IndustryElectrnoics, Electronic, Scientific Measuring Equipment, Computer, Communication
To see the full contact details of Nikhara Motors Private Limited, buy the company report.
Comprehensive company report
Nikhara Motors 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
Nikhara Motors operates one associated brand: Nikhara Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying electric motors with a focus on quality and industrial applications in India. | nikharamotors.in |
Business activity
The main business activity of Nikhara Motors is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products |
To see the full business activity and turnover split of Nikhara Motors Private Limited, buy the company report.
Financials of Nikhara Motors Private Limited
FY 2025 filings availableNikhara Motors Private Limited reported revenue of ₹2.16 Cr (up 605% YoY) for FY 2025.
Revenue · FY 2025
₹2.16 Cr ▲ 605%
Net profit · FY 2025
₹10.61 Lakh margin 4.9%
EBITDA · FY 2025
₹14.6 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 605%
3 years · compounded
▲ 45%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 512%
3 years · compounded
▲ 29%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 605% growth in the latest year. EBITDA rose 512% 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 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 | ₹14.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.61 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Nikhara Motors Private Limited, buy the company report.
Board of directors of Nikhara Motors Private Limited
Nikhara Motors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagirathi Bhat | Director | 30 Sep 2025 | 1 Years 1 Months | Current |
| Venkatraman Bhat Also directs: Golden EV Innovations and Motors Private Limited | Managing Director | 14 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Nikhara Motors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of computer, electronic and optical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creatif Technologies Private Limited | ₹2.28 Cr (FY 2025) | 45.0% | Mahape Navi Mumbai, Maharashtra, India | |||
| Dai Manufacturing Private Limited | ₹2.27 Cr (FY 2024) | 266.0% | Bangalore, Karnataka, India | |||
| Iqm Solutions Private Limited | ₹2.25 Cr (FY 2024) | 412.0% | New Delhi, Delhi, India | |||
| Gauss Power Electric Engineers Private Limited | ₹2.24 Cr (FY 2024) | 248.0% | Chennai, Tamil Nadu, India | |||
| Indicvision Private Limited | ₹2.16 Cr (FY 2024) | -57.0% | Chennai, Tamil Nadu, India | |||
| Nikhara Motors Private Limitedthis company | ₹2.16 Cr (FY 2025) | ₹10.61 Lakh | 4.9% | 605.0% | Bangalore, Karnataka, India | |
| Sap Control Systems & Engineers Private Limited | ₹2.04 Cr (FY 2025) | -35.0% | Nagpur, Maharashtra, India | |||
| Icorn Global Private Limited | ₹2.02 Cr (FY 2025) | 494.0% | New Delhi, Delhi, India | |||
| CST Advanced Systems Private Limited | ₹1.99 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Exochos MH Technologies Private Limited | ₹1.98 Cr (FY 2025) | 130.0% | Pune, Maharashtra, India | |||
| Nirman Electronics Private Limited | ₹1.97 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nikhara Motors Private Limited, buy the company report.
Auditor
Nikhara Motors Private Limited is audited by K P M S & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M S & ASSOCIATES | FY 2022 | 012090S |
Shareholding
The shareholding of Nikhara Motors Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nikhara Motors Private Limited, buy the company report.
Legal cases
Nikhara Motors Private Limited has 65 court cases on record: 35 filed by Nikhara Motors, 30 filed against it. All cases are disposed.
Total cases
65
Filed by the company
35
Filed against the company
30
Disposed
65
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 30 | 0 |
| High courts | 15 | 0 | 0 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.RP) | Filed by the company against M/S Zoom Exports Limited | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against M/S Zoom Exports Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Zoom Exports Limited | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Zoom Exports Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Zoom Exports Limited | Disposed |
To see the full case history of Nikhara Motors Private Limited, 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 Nikhara Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nikhara Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN3798G1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nikhara Motors Private Limited, buy the company report.
Recent activity
Nikhara Motors Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Bhagirathi Bhat was appointed as Director on 30 Sep 2025.
AGM
Nikhara Motors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Bhagirathi Bhat was appointed as Director.
Filing
Nikhara Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Rashmi Rai ceased to be Additional Director.
Ceased
Bhagirathi Bhat ceased to be Director.
Appointed
Venkatraman Bhat was appointed as Managing Director.
Incorporation
14 Jul 2010
Nikhara Motors Private Limited was registered on 14 Jul 2010 with Roc Bangalore & aged 16 years 4 months as per MCA records.
Frequently asked questions
Nikhara Motors is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic, within the electronics industry. It was incorporated on 14 July 2010 (16+ years old) and is registered under CIN U29253KA2010PTC054450.
Nikhara Motors has 2 current directors:
- Venkatraman Bhat - Managing Director
- Bhagirathi Bhat - Director
The latest financial statements of Nikhara Motors 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 2015 are in the company report.
The GSTIN of Nikhara Motors is 29AADCN3798G1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Nikhara Motors is U29253KA2010PTC054450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhara Motors has 65 court cases on record: 35 filed by the company and 30 filed against it. Most are in the district courts.
Nikhara Motors was incorporated on 14 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nikhara Motors by revenue are Creatif Technologies Private Limited, Dai Manufacturing Private Limited, Iqm Solutions Private Limited, Gauss Power Electric Engineers Private Limited, Indicvision Private Limited and 5 more, all in the same principal business activity (manufacture of computer, electronic and optical products).
Bhagirathi Bhat was appointed as Director on 30 Sep 2025. Rashmi Rai ceased to be Additional Director on 29 Sep 2024. Bhagirathi Bhat ceased to be Director on 30 Jun 2024. Nikhara Motors has 4 board changes on record in total.
Yes, Nikhara Motors is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0167958).
Nikhara Motors can be reached through the website nikharamotors.com. Its registered office is in Bangalore, Karnataka, India.
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