Nincro Eternal Resources Private Limited

Nincro Eternal Resources Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U93000MH1992PTC065594 Incorporated 25 February 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Revenue · FY 2024
₹1.15 Cr
▲ 31% YoY
Net profit · FY 2024
₹54.39 Lakh
Net margin 47.2%
EBITDA · FY 2024
₹72.89 Lakh
EBITDA margin 63.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
34 yrs
Est. 1992
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Nincro Eternal Resources Private Limited

Data last updated:

Nincro Eternal Resources Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 25 February 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH1992PTC065594. Its GSTIN is 27AABCN0893J2Z7 (Maharashtra). 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 was formerly known as Nincro Investmentsandfinance Pvt Ltd. It is led by directors Mitesh Manoharlal Mehta and Supriya Mitesh Mehta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.15 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹54.39 Lakh (net margin 47.2%) and EBITDA of ₹72.89 Lakh (EBITDA margin 63.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 16% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U93000MH1992PTC065594
Registration Number 065594
Incorporation Date 25 February 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

CIN history

Nincro Eternal Resources has one previous CIN (Corporate Identification Number): U67120MH1992PTC065594. The current CIN is U93000MH1992PTC065594, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U93000MH1992PTC065594Current
U67120MH1992PTC065594Previous

Contact details

Nincro Eternal Resources Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    432 2nd Floor Above Dena Bank Lamington Road Opera Ho, Use, Mumbai, Maharashtra, India – 400004
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Nincro Eternal Resources Private Limited, buy the company report.

Comprehensive company report
Nincro Eternal Resources 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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Business activity

The main business activity of Nincro Eternal Resources is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Nincro Eternal Resources Private Limited, buy the company report.

Financials of Nincro Eternal Resources Private Limited

FY 2024 filings available

Nincro Eternal Resources Private Limited reported revenue of ₹1.15 Cr (up 31% YoY) for FY 2024.

Revenue · FY 2024
₹1.15 Cr ▲ 31%
Net profit · FY 2024
₹54.39 Lakh margin 47.2%
EBITDA · FY 2024
₹72.89 Lakh margin 63.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 7%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 13%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 31% growth in the latest year. EBITDA rose 11% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹72.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹54.39 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin63.2%
Net Profit Margin47.2%
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 Nincro Eternal Resources Private Limited, buy the company report.

Board of directors of Nincro Eternal Resources Private Limited

Nincro Eternal Resources has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mitesh Manoharlal MehtaDirector01 Apr 199432 Years 7 MonthsCurrent
Supriya Mitesh MehtaDirector01 Apr 199432 Years 7 MonthsCurrent

Auditor

Nincro Eternal Resources Private Limited is audited by S G SHAH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S G SHAH & ASSOCIATESFY 2023045807

Shareholding

The shareholding of Nincro Eternal Resources Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nincro Eternal Resources Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nincro Eternal Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Nincro Eternal Resources has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCN0893J2Z7MaharashtraActive07 Mar 2022

To see the full GST registrations and return filing status of Nincro Eternal Resources Private Limited, buy the company report.

Recent activity

Nincro Eternal Resources Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Aakanksha Mitesh Mehta ceased to be Director on 08 Dec 2015.

AGM
Nincro Eternal Resources Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nincro Eternal Resources Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Aakanksha Mitesh Mehta ceased to be Director.
Appointed
Mitesh Manoharlal Mehta was appointed as Director.
Appointed
Supriya Mitesh Mehta was appointed as Director.
Incorporation
25 Feb 1992
Nincro Eternal Resources Private Limited was registered on 25 Feb 1992 with Roc Mumbai & aged 34 years 8 months as per MCA records.

Frequently asked questions

Nincro Eternal Resources is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 25 February 1992 (34+ years old) and is registered under CIN U93000MH1992PTC065594.

Nincro Eternal Resources has 2 current directors:

The latest financial statements of Nincro Eternal Resources on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Nincro Eternal Resources is 27AABCN0893J2Z7, registered in Maharashtra. 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 Nincro Eternal Resources is U93000MH1992PTC065594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nincro Eternal Resources was incorporated on 25 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.

Aakanksha Mitesh Mehta ceased to be Director on 08 Dec 2015. Mitesh Manoharlal Mehta was appointed as Director on 01 Apr 1994. Supriya Mitesh Mehta was appointed as Director on 01 Apr 1994.

The registered office of Nincro Eternal Resources is at 432 2nd Floor Above Dena Bank Lamington Road Opera Ho, Use, Mumbai, Maharashtra, India – 400004.

Nincro Eternal Resources operates in the business outsourcing industry, in the HR outsourcing and talent management segment.

The compliance status of Nincro Eternal Resources is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.