About Niru Plastics
Niru Plastics is a company based in Pune (India) founded in 2004. It operates as a B2B. The company has 14 employees. Niru Plastics offers products and services including Precision Engineering Plastic Components, Precision Injection Moulded Plastic Components, and Wire Harness Components. Niru Plastics operates in a competitive market with competitors including Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others.
- Headquarter Pune, India
- Employees 14
- SectorsTechnologyTransportation, Automotive & Logistics
- Website niruplasticindia.com
- Legal Name Niru Plastics Private Limited
- Date of Incorporation 20 Jun, 2001
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹4.57 Cr
FY 2024 · -9% YoY
- Net Profit₹35.5 Lakh
FY 2024 · 8% margin
- EBITDA₹94.5 Lakh
FY 2024 · 21% margin
- Employee Count14
Associated legal entities of Niru Plastics
Niru Plastics operates through Niru Plastics 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 |
|---|---|---|---|---|---|---|---|
| Niru Plastics Private Limited CIN U25206PN2001PTC016259 | Active | 20 Jun 2001 | Pune, Maharashtra | ₹4.6 Cr | 14 | 2 | View details |
Products & Services of Niru Plastics
Niru Plastics offers a comprehensive portfolio of products and services, including Precision Engineering Plastic Components, Precision Injection Moulded Plastic Components, and Wire Harness Components.
Components for industrial applications in automotive and electrical sectors.
Moulded parts for high-temperature and export use in various industries.
Parts for harnessing in electrical and automotive applications.
Board of directors of Niru Plastics Private Limited (Niru Plastics)
Niru Plastics Private Limited is the primary company behind Niru Plastics. The board of Niru Plastics Private Limited currently have 2 directors; the longest-serving is Bhimappa Layappa Karadi, appointed in 2001.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhimappa Layappa Karadi DIN 00459182 | Managing Director | 20 Jun 2001 | 25 yrs 3 mo | Niru Plastics Private Limited |
| Nirmala Bhimappa Karadi DIN 00459279 | Director | 20 Jun 2001 | 25 yrs 3 mo | Niru Plastics Private Limited |
Financials of Niru Plastics
Figures of Niru Plastics Private Limited, the primary company behind Niru Plastics, for FY 2024. Revenue was ₹4.57 Cr (-9% year on year). Net profit was ₹35.5 Lakh (8% margin). EBITDA was ₹94.5 Lakh (21% margin). Revenue has grown at a compounded annual rate of +11% over three years and +7% over five years.
- ₹4.57 CrRevenue · FY 2024 · -9% YoY
- ₹35.5 LakhNet profit · 8% margin
- ₹94.5 LakhEBITDA · 21% margin
- ₹25 LakhPaid-up capital
- 14Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Niru Plastics Private Limited are on its company page.
Detailed financial statements for Niru Plastics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Niru Plastics
Niru Plastics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cummins.com | 1919 | United States | – | 36,826 | Manufacturer of gas-powered construction equipment | |
| sedemac.com | 2007 | Pune, India | $25.77M | 468 | Electrical and electronic parts for automobiles are provided by SEDEMAC. | |
| valeo.com | 1923 | Paris, France | – | 124 | Automotive products and services are supplied globally to automakers. | |
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| schaeffler.com | 1946 | Herzogenaurach, Germany | – | 90,151 | Manufacturer of bearings for the automotive industry | |
| faurecia.com | 1997 | Nanterre, France | – | – | Automotive components and systems are manufactured for vehicles. | |
| ranegroup.com | 1929 | Chennai, India | – | 172 | Major auto components are manufactured and supplied to OEMs. | |
| hutchinson.com | 1853 | Paris, France | – | 54 | Manufacturer and supplier of major auto components | |
| novaresteam.com | 1955 | Clamart, France | $32.95M | 167 | Major auto components are manufactured and supplied globally. |
Detailed competitors of Niru Plastics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Niru Plastics
Websites that share an audience with Niru Plastics (niruplasticindia.com).
Websites whose visitors overlap most with Niru Plastics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
primexplast.com | primexplast.com | 100% | – | #10,353,516 | – |
| pacoline.com | 99% | – | – | View details | |
| wadhokar.com | 94% | 1.3K | #11,327,272 | View details | |
| automotiveml.com | 93% | 7.5K | #2,334,537 | View details | |
| anilplastics.com | 92% | 1.5K | #11,189,047 | View details |
Similar companies to Niru Plastics
10 companies that operate in the same segment as Niru Plastics (Electronic Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | – | USD 24.95 B | 74 | |
Diverse semiconductor manufacturers | 1987 | Geneve, Geneve, Switzerland | – | USD 12.29 B | 49,600 | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | Taipei, Taiwan | – | – | 12,716 | |
Provider of ODM plus solutions for diverse industries | 1990 | Kochi, Kerala, India | USD 119.5 M | USD 253.11 M | 2,400 | |
Integrated electronics manufacturing and IoT solutions are delivered across industries. | 2008 | Mysuru, Karnataka, India | USD 22.44 M | USD 386.47 M | 3,850 | |
Manufacturer of diodes, rectifiers, semiconductors, and passive components | 1962 | Guildford, United Kingdom | – | USD 3.07 B | 22,700 | |
Communication equipment manufacturer | 1938 | Lisle, Illinois, United States | – | – | – | |
Electronic components and embedded technologies are distributed globally. | 1921 | Phoenix, Arizona, United States | – | USD 27.63 B | 14,870 | |
Electronics manufacturing services are provided for consumer and home products. | 1993 | Noida, Uttar Pradesh, India | USD 9.32 M | USD 5.17 B | 8,890 | |
Mobile device management solutions are delivered to enterprises securely. | 2003 | Atlanta, Georgia, United States | USD 225 M | USD 11.12 M | 356 |
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Frequently Asked Questions about Niru Plastics
Niru Plastics was founded in 2004.
Niru Plastics is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Niru Plastics has 14 employees.
The primary company behind Niru Plastics, Niru Plastics Private Limited, reported revenue of ₹4.57 Cr for FY 2024, down 9% year on year.
Niru Plastics Pvt. Ltd. specializes in manufacturing and supplying precision engineering plastic components, including injection moulded parts and wire harness components. They use advanced facilities like grinding machines, injection moulding equipment, and EDM machines to produce high-quality products. Based in Pune, Maharashtra, India, they serve industries such as automotive lighting, electrical harnessing, capacitors, switches, and exports, focusing on timely delivery and cost-effectiveness while meeting customer requirements.
Niru Plastics offers Precision Engineering Plastic Components, Precision Injection Moulded Plastic Components, and Wire Harness Components.
Niru Plastics operates through Niru Plastics Private Limited.
The legal entities of Niru Plastics currently have 2 directors, including Bhimappa Layappa Karadi, Nirmala Bhimappa Karadi.