MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2021-22)
- Udyam number
- UDYAM-MH-23-0000626
Nashik Engineering Cluster - engineering in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.81 Cr
▲ 17% YoY
Net profit · FY 2025
₹1.01 Cr
Net margin 14.8%
EBITDA · FY 2025
₹2.67 Cr
EBITDA margin 39.1%
Satisfied charges
₹25 Lakh
No open charges
Company age
19 yrs
Est. 2007
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
About Nashik Engineering Cluster
Data last updated:
Nashik Engineering Cluster is a public not for profit company based in Nashik, Maharashtra, India. It operates in the engineering sector. It was incorporated on 12 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91990MH2007NPL174059. Its GSTIN is 27AACCN6264C1ZL (Maharashtra).
It is led by directors including Sharad Chhotalal Shah and Balbirsingh Balwantsingh Chhabra.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sahastra Rashmi C – 10 Ambad MIDC, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.81 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 14.8%) and EBITDA of ₹2.67 Cr (EBITDA margin 39.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The company is associated with 1 brand: Nashik Engineering Cluster. As per MCA filings, the company has satisfied charges of ₹25 Lakh on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 3 cases are pending.
Nashik Engineering Cluster is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0000626). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nec.org.in.
Company details
CIN U91990MH2007NPL174059
Registration Number 174059
Incorporation Date 12 September 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-23-0000626
Key People
Ashok Bang Nominee Director Narendra Karbhari Birar Nominee Director Vikram Deokisan Sarda Nominee Director Recognitions & Rankings of Nashik Engineering Cluster
Contact details
Nashik Engineering Cluster's registered office is in Nashik, Maharashtra. Its website is nec.org.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSahastra Rashmi C – 10 Ambad MIDC, Nashik, Maharashtra, India – 422010
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Nashik Engineering Cluster, buy the company report.
Comprehensive company report
Nashik Engineering Cluster - 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
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Secure checkout · GST invoice included
Brands
Nashik Engineering Cluster operates one associated brand: Nashik Engineering Cluster. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering cluster providing development and training services in India. | nec.org.in |
Business activity
The main business activities of Nashik Engineering Cluster are manufacturing and professional, scientific and technical activities. In detail, this covers manufacture of rubber and plastics products and scientific research and development. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products | |
| M | Professional, scientific and technical activities | 72 | Scientific research and development |
To see the full business activity and turnover split of Nashik Engineering Cluster, buy the company report.
Financials of Nashik Engineering Cluster
FY 2025 filings availableNashik Engineering Cluster reported revenue of ₹6.81 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹6.81 Cr ▲ 17%
Net profit · FY 2025
₹1.01 Cr margin 14.8%
EBITDA · FY 2025
₹2.67 Cr margin 39.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 17%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 17% growth in the latest year. EBITDA rose 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last 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 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹2.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.01 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.1% | ||||
| Net Profit Margin | 14.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Nashik Engineering Cluster, buy the company report.
Board of directors of Nashik Engineering Cluster
Nashik Engineering Cluster has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Bang | Nominee Director | 30 Mar 2022 | 4 Years 6 Months | Current |
| Narendra Karbhari Birar | Nominee Director | 30 Dec 2016 | 9 Years 9 Months | Current |
| Vikram Deokisan Sarda Also directs: Sinaar Finmarc LLP, Shrirang Prakashan Private Limited, Janak Constructions Pvt Ltd and 4 more | Nominee Director | 12 Sep 2007 | 19 Years 1 Months | Current |
| Manish Mahendra Kothari Also directs: Nashik Exhibition and Business Council | Nominee Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Sharad Chhotalal Shah | Director | 17 Sep 2007 | 19 Years 1 Months | Current |
| Balbirsingh Balwantsingh Chhabra | Director | 12 Sep 2007 | 19 Years 1 Months | Current |
Auditor
Nashik Engineering Cluster is audited by RAJENDRA P SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA P SHAH & CO | FY 2018 | 108383W |
Shareholding
The shareholding of Nashik Engineering Cluster is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Nashik Engineering Cluster, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2012 | 10339026 | Punjab National Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Nashik Engineering Cluster, buy the company report.
Total charge records: 1 View all charges
Legal cases
Nashik Engineering Cluster has 9 court cases on record: 4 filed by Nashik Engineering Cluster, 5 filed against it. 3 cases are pending and 6 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 2 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Arbitration matter | Filed by the company against Paramatmane Design Studio Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Company Limited (Msedcl) | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Paramatmane Design Studio Pvt. Ltd., and 2 others | Pending |
| District court, Nashik, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by Parmatmane Design Studio Pvt Ltd and 1 other | Disposed |
| District court, Nashik, Maharashtra | Commercial matter | Filed against the company by M/S Paramatmane Design Studio Pvt Ltd Through Santosh Chandulal Mandlecha | Disposed |
To see the full case history of Nashik Engineering Cluster, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Nashik Engineering Cluster has 3 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Transcal | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Ashgraph Technologies Private Limited |
To see the full MSME payment records of Nashik Engineering Cluster, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Nashik Engineering Cluster has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6264C1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nashik Engineering Cluster, buy the company report.
Recent activity
Nashik Engineering Cluster has 21 board changes on record since 2007: 6 appointments and 15 cessations. The latest: Narendra Johrimal Goliya ceased to be Director on 01 Sep 2024.
AGM
Nashik Engineering Cluster last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Nashik Engineering Cluster has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Narendra Johrimal Goliya ceased to be Director.
Appointed
Ashok Bang was appointed as Nominee Director.
Ceased
Pravin Padmakarrao Deshmukh ceased to be Nominee Director.
Appointed
Manish Mahendra Kothari was appointed as Nominee Director.
Ceased
Abhishek Krishna ceased to be Nominee Director.
Ceased
Ashok Bang ceased to be Nominee Director.
Ceased
Sushil Kumar Jain ceased to be Nominee Director.
Ceased
Nishikant Tulsiram Ahire ceased to be Additional Director.
Ceased
Arunkumar Laxmanrao Umale ceased to be Nominee Director.
Appointed
Narendra Karbhari Birar was appointed as Nominee Director.
14 earlier events are in the company report.
Frequently asked questions
Nashik Engineering Cluster is an active public not for profit company based in Nashik, Maharashtra, India. The company works in the engineering industry. It was incorporated on 12 September 2007 (19+ years old) and is registered under CIN U91990MH2007NPL174059.
Nashik Engineering Cluster has 6 current directors:
- Ashok Bang - Nominee Director
- Narendra Karbhari Birar - Nominee Director
- Vikram Deokisan Sarda - Nominee Director
- Manish Mahendra Kothari - Nominee Director
- Sharad Chhotalal Shah - Director
- Balbirsingh Balwantsingh Chhabra - Director
The latest financial statements of Nashik Engineering Cluster on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nashik Engineering Cluster is 27AACCN6264C1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nashik Engineering Cluster is U91990MH2007NPL174059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nashik Engineering Cluster has 9 court cases on record: 4 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Nashik Engineering Cluster was incorporated on 12 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Narendra Johrimal Goliya ceased to be Director on 01 Sep 2024. Ashok Bang was appointed as Nominee Director on 30 Mar 2022. Pravin Padmakarrao Deshmukh ceased to be Nominee Director on 28 Mar 2020. Nashik Engineering Cluster has 21 board changes on record in total.
Yes, Nashik Engineering Cluster is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-23-0000626).
Nashik Engineering Cluster has 3 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 5 micro and small suppliers. The latest return was filed on 12 May 2020.
Nashik Engineering Cluster can be reached through the website nec.org.in. Its registered office is in Nashik, Maharashtra, India.