Startup India Government of India
Nirnal Water Solutions Private Limited - equipment & machinery in Belgaum, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹38.96 Lakh
▲ 23% YoY
Net profit · FY 2025
₹2.98 Lakh
Net margin 7.7%
EBITDA · FY 2025
₹4.36 Lakh
EBITDA margin 11.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Nirnal Water Solutions Private Limited
Data last updated:
Nirnal Water Solutions Private Limited is a private limited company based in Belgaum, Karnataka, India, recognised as a startup by DPIIT. It operates in the filtration machinery segment of the industrial equipment and machinery sector. It was incorporated on 29 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29197KA2021PTC152441.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Niranjan Shrinivas Karagi and Sampada Shrinivas Karagi.
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 Cts No 9098 B2 Vardappa Galli Khasbag, Belgaum, Karnataka, India – 590003.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.96 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Lakh (net margin 7.7%) and EBITDA of ₹4.36 Lakh (EBITDA margin 11.2%).
The company is associated with 1 brand: Nirnal.
Nirnal Water Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0063725). For more details, the company can be reached via its website nirnal.in.
Company details
CIN U29197KA2021PTC152441
Registration Number 152441
Incorporation Date 29 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0063725
Recognitions & Rankings of Nirnal Water Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0063725
Contact details
Nirnal Water Solutions Private Limited's registered office is in Belgaum, Karnataka.
- Social Media
- Registered AddressCts No 9098 B2 Vardappa Galli Khasbag, Belgaum, Karnataka, India – 590003
- IndustryEquipment & Machinery, Filtration Machinery, Manufacturing, General Purposemachinery, General Purpose Machinery
Comprehensive company report
Nirnal Water Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Nirnal Water Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nirnal Water Solutions Private Limited, buy the company report.
Financials of Nirnal Water Solutions Private Limited
FY 2025 filings availableNirnal Water Solutions Private Limited reported revenue of ₹38.96 Lakh (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹38.96 Lakh ▲ 23%
Net profit · FY 2025
₹2.98 Lakh margin 7.7%
EBITDA · FY 2025
₹4.36 Lakh margin 11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
EBITDA CAGR growth
1 year
▲ 8%
Revenue rose 23% in the latest year. EBITDA rose 8% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹4.36 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.98 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.2% | |||
| Net Profit Margin | 7.7% | |||
| 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 Nirnal Water Solutions Private Limited, buy the company report.
Board of directors of Nirnal Water Solutions Private Limited
Nirnal Water Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Shrinivas Karagi | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
| Sampada Shrinivas Karagi | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
Peer comparison
Nirnal Water Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swarg Industries Private Limited | ₹39.08 Lakh (FY 2025) | 8359.0% | Gandhinagar, Gujarat, India | |||
| Sar Machines Private Limited | ₹39.06 Lakh (FY 2024) | -19.0% | Ahmedabad, Gujarat, India | |||
| Wiegen Automation Private Limited | ₹39.02 Lakh (FY 2022) | 107.0% | Amravati, Maharashtra, India | |||
| Raghubatteries Corporation Private Limited | ₹39 Lakh (FY 2025) | 239.0% | Bharatpur, Rajasthan, India | |||
| Kamal Udyog Private Limited | ₹38.97 Lakh (FY 2024) | 34.0% | Rani, Rajasthan, India | |||
| Nirnal Water Solutions Private Limitedthis company | ₹38.96 Lakh (FY 2025) | ₹2.98 Lakh | 7.7% | 23.0% | Belgaum, Karnataka, India | |
| Elektroweld Automations India Private Limited | ₹38.94 Lakh (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Sharthi Transformers Private Limited | ₹38.86 Lakh (FY 2024) | 1400.0% | Bhind, Madhya Pradesh, India | |||
| Auto Brakes and Ancillaries Private Limited | ₹38.85 Lakh (FY 2024) | -3.0% | Chennai, Tamil Nadu, India | |||
| Sudev Precision Engineering Works Private Limited | ₹38.81 Lakh (FY 2025) | 5.0% | Bangalore, Karnataka, India | |||
| Nano Circuit Caps Private Limited | ₹38.77 Lakh (FY 2025) | 49.0% | Kancheepuram, Tamil Nadu, India |
To see the full peer comparison of Nirnal Water Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nirnal Water Solutions 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 Nirnal Water Solutions 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 Nirnal Water Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nirnal Water Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Niranjan Shrinivas Karagi was appointed as Director on 29 Sep 2021.
AGM
Nirnal Water Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nirnal Water Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Niranjan Shrinivas Karagi was appointed as Director.
Appointed
Sampada Shrinivas Karagi was appointed as Director.
Incorporation
29 Sep 2021
Nirnal Water Solutions Private Limited was registered on 29 Sep 2021 with Roc Bangalore & aged 5 years 23 days as per MCA records.
Frequently asked questions
Nirnal Water Solutions is an active private limited company based in Belgaum, Karnataka, India. The company works in filtration machinery, within the equipment and machinery industry. It was incorporated on 29 September 2021 (5+ years old) and is registered under CIN U29197KA2021PTC152441.
Nirnal Water Solutions has 2 current directors:
- Niranjan Shrinivas Karagi - Director
- Sampada Shrinivas Karagi - Director
The latest financial statements of Nirnal Water Solutions 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Nirnal Water Solutions is U29197KA2021PTC152441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirnal Water Solutions was incorporated on 29 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nirnal Water Solutions by revenue are Swarg Industries Private Limited, Sar Machines Private Limited, Wiegen Automation Private Limited, Raghubatteries Corporation Private Limited, Kamal Udyog Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Niranjan Shrinivas Karagi was appointed as Director on 29 Sep 2021. Sampada Shrinivas Karagi was appointed as Director on 29 Sep 2021.
Yes, Nirnal Water Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nirnal Water Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0063725).
Nirnal Water Solutions can be reached through the website nirnal.in. Its registered office is in Belgaum, Karnataka, India.
The registered office of Nirnal Water Solutions is at Cts No 9098 B2 Vardappa Galli Khasbag, Belgaum, Karnataka, India – 590003.