About NECO Defence Systems
NECO Defence Systems is an Industrial Goods & Manufacturing company based in Nagpur (India) founded in 2010. It manufactures and supplies weapons, ammunitions, and defence equipment to armed and paramilitary forces. It operates on a B2B model. Its Indian entity Neco Desert Tech Defence Private Limited reported revenue of ₹1.8 Lakh. NECO Defence Systems offers products and services including Small Arms Ammunition, Firearms, Medium Caliber Ammunition, Large Caliber Ammunition, and Mortar Bomb. Its focus areas include Industrial, Defence Manufacturing, Weapons and Ammunition.
Company details
NECO Defence Systems Private Limited, part of the NECO Group of Industries, produces and supplies advanced weapons, ammunitions, artilleries, and critical items for global armed forces, paramilitary, elite forces, and police. Based in Nagpur, India, they combine Western technology with Indian manufacturing expertise to enhance security operations. Their activities include developing explosives, propellants, and homeland security solutions, serving clients like various Indian police forces and security organizations.
- Headquarters Nagpur, India
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website necodefence.com
- Legal Name Neco Desert Tech Defence Private Limited
- Date of Incorporation 02 Mar, 2016
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹1.8 Lakh
FY 2024 · -32% YoY
- Net Loss-₹1.08 Cr
FY 2024 · -6158% margin
- EBITDA-₹1.02 Cr
FY 2024 · -5817% margin
Associated legal entities of NECO Defence Systems
NECO Defence Systems operates through Neco Desert Tech Defence Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neco Desert Tech Defence Private Limited CIN U74990MH2016PTC273774 | Active | 02 Mar 2016 | Nagpur, Maharashtra | ₹0.0 Cr | 5 | View details |
Products & Services of NECO Defence Systems
NECO Defence Systems offers a comprehensive portfolio of products and services, including Small Arms Ammunition, Firearms, Medium Caliber Ammunition, Large Caliber Ammunition, and Mortar Bomb.
Ammunition designed for small arms used by military forces
Various firearms for armed and security personnel
Ammunition for medium-caliber weapons in defence applications
High-caliber rounds for artillery and tanks
Bombs for mortar systems in military operations
Specialized ammunition for recoilless rifles and tanks
Ammunition tailored for air force applications
Materials for propulsion and explosive devices
Ammunition for naval forces and operations
Equipment for homeland security and protection
Board of directors of Neco Desert Tech Defence Private Limited (NECO Defence Systems)
Neco Desert Tech Defence Private Limited is the primary company behind NECO Defence Systems. The board of Neco Desert Tech Defence Private Limited currently have 5 directors; the longest-serving is Anand Jayaswal, appointed in 2016. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Jayaswal DIN 00192612 | Director | 02 Mar 2016 | 10 yrs 7 mo | Neco Desert Tech Defence Private Limited |
| Nicholas Elden Young DIN 07325248 | Director | 02 Mar 2016 | 10 yrs 7 mo | Neco Desert Tech Defence Private Limited |
| Siddharth Vijay Jaiswal DIN 00405510 | Director | 02 Mar 2016 | 10 yrs 7 mo | Neco Desert Tech Defence Private Limited |
| Archit Ramesh Jayaswal DIN 07189027 | Director | 24 Apr 2023 | 3 yrs 6 mo | Neco Desert Tech Defence Private Limited |
| Lyman Jean Owen DIN 10122862 | Director | 24 Apr 2023 | 3 yrs 6 mo | Neco Desert Tech Defence Private Limited |
Financials of NECO Defence Systems
Figures of Neco Desert Tech Defence Private Limited, the primary company behind NECO Defence Systems, for FY 2024. Revenue was ₹1.8 Lakh (-32% year on year). Net loss was -₹1.08 Cr (-6158% margin). EBITDA was -₹1.02 Cr (-5817% margin). Revenue has grown at a compounded annual rate of -6% over three years and -22% over five years.
- ₹1.8 LakhRevenue · FY 2024 · -32% YoY
- -₹1.08 CrNet loss · -6158% margin
- -₹1.02 CrEBITDA · -5817% margin
- ₹2.14 CrPaid-up capital
- -6%Revenue CAGR, 3 years
- -22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neco Desert Tech Defence Private Limited are on its company page.
Detailed financial statements for NECO Defence Systems
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Top companies in Metals & Minerals
3 companies that operate in the same segment as NECO Defence Systems (Metals & Minerals) in India, ranked by their profile score on The Company Check.
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|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.43 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 573.4 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 20.78 B | 78,760 |
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Frequently Asked Questions about NECO Defence Systems
NECO Defence Systems was founded in 2010.
NECO Defence Systems is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
The primary company behind NECO Defence Systems, Neco Desert Tech Defence Private Limited, reported revenue of ₹1.8 Lakh for FY 2024, down 32% year on year.
NECO Defence Systems Private Limited, part of the NECO Group of Industries, produces and supplies advanced weapons, ammunitions, artilleries, and critical items for global armed forces, paramilitary, elite forces, and police. Based in Nagpur, India, they combine Western technology with Indian manufacturing expertise to enhance security operations. Their activities include developing explosives, propellants, and homeland security solutions, serving clients like various Indian police forces and security organizations.
NECO Defence Systems offers Small Arms Ammunition, Firearms, Medium Caliber Ammunition, Large Caliber Ammunition, and 6 more products and services.
NECO Defence Systems operates through Neco Desert Tech Defence Private Limited.
The legal entities of NECO Defence Systems currently have 5 directors, including Archit Ramesh Jayaswal, Lyman Jean Owen, Anand Jayaswal and others.