About Nikol
Nikol is an Industrial Goods & Manufacturing company based in Ahmedabad (India) founded in 1999. It produces high-quality technical fabrics for various textile markets. It operates on a B2B model. Its Indian entity Nikol Advance Materials Private Limited reported revenue of ₹26.66 Cr. Its focus areas include Manufacturing, Textiles, Fabric Production and Technical Fabrics. Its competitors include Garware Technical Fibres and Sidwin Fabrics; 1 of its 2 listed competitors has raised funding.
Company details
Nikol, founded in 1999 in Ahmedabad, India, focuses on producing manufactured goods, textiles, fabric production, and technical fabrics. Produces high-quality technical fabrics for various textile markets. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Ahmedabad, India
- SectorsIndustrial Goods & Manufacturing
- Website nikolindia.com
- Social Facebook
- Legal Name Nikol Advance Materials Private Limited
- Date of Incorporation 31 Aug, 1999
- Jurisdiction Ge Road Ahmedabad, Gujarat, India
- Annual Revenue₹26.66 Cr
FY 2025 · +31% YoY
- Net Profit₹1.13 Cr
FY 2025 · 4% margin
- EBITDA₹2.01 Cr
FY 2025 · 8% margin
Associated legal entities of Nikol
Nikol operates through Nikol Advance Materials Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nikol Advance Materials Private Limited CIN U17110GJ1999PTC036503 | Active | 31 Aug 1999 | Ahmedabad, Gujarat | ₹26.7 Cr | 3 | View details |
Board of directors of Nikol Advance Materials Private Limited (Nikol)
Nikol Advance Materials Private Limited is the primary company behind Nikol. The board of Nikol Advance Materials Private Limited currently have 3 directors; the longest-serving is Mehulkumar Purshottambhai Patel, appointed in 1999. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mehulkumar Purshottambhai Patel DIN 00304286 | Managing Director | 31 Aug 1999 | 27 yrs 1 mo | Nikol Advance Materials Private Limited |
| Dhavalkumar Purshotambhai Patel DIN 00304324 | Director | 01 Apr 2016 | 10 yrs 6 mo | Nikol Advance Materials Private Limited |
| Purshottam Bhikhabhai Patel DIN 00018694 | Additional Director | 06 Mar 2018 | 8 yrs 7 mo | Nikol Advance Materials Private Limited |
Financials of Nikol
Figures of Nikol Advance Materials Private Limited, the primary company behind Nikol, for FY 2025. Revenue was ₹26.66 Cr (+31% year on year). Net profit was ₹1.13 Cr (4% margin). EBITDA was ₹2.01 Cr (8% margin). Revenue has grown at a compounded annual rate of +33% over three years and +34% over five years.
- ₹26.66 CrRevenue · FY 2025 · +31% YoY
- ₹1.13 CrNet profit · 4% margin
- ₹2.01 CrEBITDA · 8% margin
- ₹20 LakhPaid-up capital
- +33%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nikol Advance Materials Private Limited are on its company page.
Detailed financial statements for Nikol
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Competitors of Nikol
Nikol has 2 listed competitors in our database, 1 of them funded. They include Garware Technical Fibres and Sidwin Fabrics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| garwarefibres.com | 1976 | Pune, India | 22 | Technical textiles for diverse industries are developed and supplied. | ||
| sidwinfabrics.com | 2011 | Sabarkantha, India | $345,721 | 51 | Spun-bond non-woven fabrics are manufactured for health and industrial uses. |
Detailed competitors of Nikol
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Nikol (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Nikol
Nikol was founded in 1999.
Nikol is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Nikol, Nikol Advance Materials Private Limited, reported revenue of ₹26.66 Cr for FY 2025, up 31% year on year.
Nikol, founded in 1999 in Ahmedabad, India, focuses on producing manufactured goods, textiles, fabric production, and technical fabrics. Produces high-quality technical fabrics for various textile markets. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Nikol's top competitors include Garware Technical Fibres and Sidwin Fabrics.
Nikol operates through Nikol Advance Materials Private Limited.
The legal entities of Nikol currently have 3 directors, including Dhavalkumar Purshotambhai Patel, Mehulkumar Purshottambhai Patel, Purshottam Bhikhabhai Patel.