About NSL Group
NSL Group is an Industrial Goods & Manufacturing company based in Hyderabad (India) founded in 1973 by M Venkatram Chowdary. Diversified industrial group with businesses in seeds, sugar, textiles, energy, infrastructure, and aerospace. The company has 20 employees. Its Indian entity Mandava Holdings Private Limited reported revenue of ₹294 Cr. NSL Group offers products and services including Seeds and Sugars. Its focus areas include Conglomerates and Traditional Conglomerates.
Company details
NSL Group was established in 1973 in Hyderabad, India, as a diversified industrial entity. Operations span seeds, sugar, textiles, energy, infrastructure, and aerospace sectors. Research and product development are prioritized, alongside execution in core activities. The Mandava Foundation is managed to support social initiatives. Headquarters remain in Hyderabad, with activities focused on industrial and related fields across India.
- Headquarters Hyderabad, India
- Employees 20
- Founders M Venkatram Chowdary
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website nslgroup.in
- Social LinkedIn
- Legal Name Mandava Holdings Private Limited
- Date of Incorporation 12 Mar, 2008
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹294 Cr
FY 2025 · -1% YoY
- Net Profit₹359 Cr
FY 2025 · 11% margin
- EBITDA₹1,371 Cr
FY 2025 · 41% margin
- Latest Funding Round$24M (USD), Debt – Conventional
May 2023
- InvestorsBlackstone
& 1 more
- Employee Count20
Associated legal entities of NSL Group
NSL Group operates through Mandava Holdings 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 |
|---|---|---|---|---|---|---|---|
| Mandava Holdings Private Limited CIN U74120TG2008PTC074522 | Active | 12 Mar 2008 | Hyderabad, Telangana | ₹294 Cr | 20 | 9 | View details |
Products & Services of NSL Group
NSL Group offers a comprehensive portfolio of products and services, including Seeds and Sugars.
High-quality seeds are provided to contribute to the agricultural economy
Sugars are produced and distributed as part of the diversified operations
Funding Insights of NSL Group
- Total Rounds 2
- Last Round Debt – Conventional — $24M
- First Round $54.81M
(Feb 2011)
- Investors Count 2
All 2 funding rounds of NSL Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2023 | $24M | Debt – Conventional | – | – | |
| Feb 2011 | $54.81M | Unspecified | – | Blackstone | – |
2 investors in total: 2 institutional.
Investors in NSL Group
NSL Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blackstone and FMO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States |
Investor details for NSL Group
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Board of directors of Mandava Holdings Private Limited (NSL Group)
Mandava Holdings Private Limited is the primary company behind NSL Group. The board of Mandava Holdings Private Limited currently have 7 directors; the longest-serving is Prabhakar Rao Mandava, appointed in 2008. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prabhakar Rao Mandava DIN 00009650 | Director | 12 Mar 2008 | 18 yrs 7 mo | Mandava Holdings Private Limited |
| Mandava Ashapriya DIN 01199936 | Whole-time director | 12 Mar 2008 | 18 yrs 7 mo | Mandava Holdings Private Limited |
| Pamidi Kotaiah DIN 00038420 | Director | 29 Dec 2010 | 15 yrs 9 mo | Mandava Holdings Private Limited |
| Mohanaiah Paladi DIN 03185251 | Director | 01 Dec 2016 | 9 yrs 10 mo | Mandava Holdings Private Limited |
| Ratna Gopal Kommareddi DIN 03025548 | Whole-time director | 24 Dec 2020 | 5 yrs 9 mo | Mandava Holdings Private Limited |
| Mannam Malakondaiah DIN 01431923 | Director | 30 Apr 2022 | 4 yrs 5 mo | Mandava Holdings Private Limited |
| Mandava Venkatram Chowdary DIN 03567730 | Managing Director | 01 Oct 2024 | 2 yrs | Mandava Holdings Private Limited |
People of NSL Group
1 people are tracked at NSL Group (1 in leadership); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
M Venkatram Chowdary | Founder & Managing Director | Leadership |
Complete people profiles for NSL Group
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Financials of NSL Group
Figures of Mandava Holdings Private Limited, the primary company behind NSL Group, for FY 2025. Revenue was ₹294 Cr (-1% year on year). Net profit was ₹359 Cr (11% margin). EBITDA was ₹1,371 Cr (41% margin).
- ₹294 CrRevenue · FY 2025 · -1% YoY
- ₹359 CrNet profit · 11% margin
- ₹1,371 CrEBITDA · 41% margin
- ₹16.44 CrPaid-up capital
- 20Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Mandava Holdings Private Limited are on its company page.
Detailed financial statements for NSL Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of NSL Group
3 dated milestones of NSL Group across 50 years, from founding to its latest funding, stage changes and deals.
- Founded NSL Group is founded.
- Funding First funding round of $54.8M.
- Funding Latest funding round, Debt – Conventional, of $24.0M.
Web traffic of NSL Group
The website of NSL Group (nslgroup.in) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 2.3% vs previous month
Websites whose visitors overlap most with NSL Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nslinfratech.com | 100% | #1,721,048 | View details | ||
| nslsugars.com | 68% | #7,375,188 | View details | ||
| nsltextiles.com | 66% | 2K | #8,435,738 | View details | |
investing.businessweek.com | investing.businessweek.com | 48% | – |
Top companies in Metals & Minerals
3 companies that operate in the same segment as NSL Group (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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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Related news about Nsl Group
Complete news archive for NSL Group
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Frequently Asked Questions about NSL Group
NSL Group was founded in 1973 and raised its 1st funding round 38 years after it was founded.
NSL Group is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
NSL Group has 20 employees.
The primary company behind NSL Group, Mandava Holdings Private Limited, reported revenue of ₹294 Cr for FY 2025, down 1% year on year.
NSL Group was established in 1973 in Hyderabad, India, as a diversified industrial entity. Operations span seeds, sugar, textiles, energy, infrastructure, and aerospace sectors. Research and product development are prioritized, alongside execution in core activities. The Mandava Foundation is managed to support social initiatives. Headquarters remain in Hyderabad, with activities focused on industrial and related fields across India.
NSL Group offers Seeds and Sugars.
NSL Group has 2 investors. Key investors include Blackstone, and FMO.
NSL Group operates through Mandava Holdings Private Limited.
The legal entities of NSL Group currently have 9 directors, including Venkateswara Rao Gottipati, Mohanaiah Paladi, Mandava Venkatram Chowdary and others.