Niki Gears Private Limited

Niki Gears Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29290MH1994PTC083761 Incorporated 15 December 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2021
₹4.66 Cr
▲ 202% YoY
Net profit · FY 2021
₹1.05 Cr
Net margin 22.6%
EBITDA · FY 2021
₹1.77 Cr
EBITDA margin 38%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹69.9 Lakh
Issued & subscribed
Satisfied charges
₹6.22 Cr
No open charges
Company age
32 yrs
Est. 1994
Employees · EPFO
5
Provident fund records

About Niki Gears Private Limited

Data last updated:

Niki Gears Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 15 December 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1994PTC083761. Its GSTIN is 27AAACN4618E1ZP (Maharashtra).

The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹69.9 Lakh. It is led by directors Nikhil Abnashkumar Pasricha and Anita Abnash Pasricha.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Moulds & Dies Private Limitedsurenbaug Estate L B S Marg Kurla (W), Mumbai, Maharashtra, India – 400070.

As per the financials filed for FY 2021, the company reported a revenue of ₹4.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 22.6%) and EBITDA of ₹1.77 Cr (EBITDA margin 38%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 6% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹6.22 Cr on record. Court records list 44 cases involving the company, including 22 filed by the company and 22 filed against it; 12 cases are pending.

Niki Gears Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0102041). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29290MH1994PTC083761
Registration Number 083761
Incorporation Date 15 December 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0102041

Recognitions & Rankings of Niki Gears

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0102041

Contact details

Niki Gears Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Moulds & Dies Private Limitedsurenbaug Estate L B S Marg Kurla (W), Mumbai, Maharashtra, India – 400070
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Niki Gears Private Limited, buy the company report.

Comprehensive company report
Niki Gears Private Limited - 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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Business activity

The main business activity of Niki Gears is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Niki Gears Private Limited, buy the company report.

Financials of Niki Gears Private Limited

FY 2022 filings available

Niki Gears Private Limited reported revenue of ₹4.66 Cr (up 202% YoY) for FY 2021.

Revenue · FY 2021
₹4.66 Cr ▲ 202%
Net profit · FY 2021
₹1.05 Cr margin 22.6%
EBITDA · FY 2021
₹1.77 Cr margin 38%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 202%
3 years · compounded
▲ 39%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 452%
3 years · compounded
▲ 432%
5 years · compounded
▲ 33%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 202% growth in the latest year. EBITDA rose 452% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.77 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.05 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin38%
Net Profit Margin22.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Niki Gears Private Limited, buy the company report.

Board of directors of Niki Gears Private Limited

Niki Gears has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anita Abnash PasrichaAdditional Director14 Feb 20197 Years 8 MonthsCurrent
Nikhil Abnashkumar PasrichaDirector15 Dec 199431 Years 10 MonthsCurrent

Peer comparison

Niki Gears Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Maxim Precision Technologies Private Limited₹4.68 Cr (FY 2024)-10.0%Gurgaon, Haryana, India
Transtel Engineering Private Limited₹4.67 Cr (FY 2015)37.0%Baddi, Himachal Pradesh, India
Panwell Hydraulics and Gauge System Private Limited₹4.67 Cr (FY 2025)50.0%Faridabad, Haryana, India
Niki Gears Private Limitedthis company₹4.66 Cr (FY 2021)₹1.05 Cr22.6%202.0%5Mumbai, Maharashtra, India

To see the full peer comparison of Niki Gears Private Limited, buy the company report.

Auditor

Niki Gears Private Limited is audited by R K CHAUDHARY & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
R K CHAUDHARY & ASSOCIATESFY 2020133512W

Shareholding

The shareholding of Niki Gears Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Niki Gears Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹6.22 Cr
Breakdown by lending institutions
Vidya Sahakari Bank Limited₹2.30 Cr
Vidya Sahakari Bank Ltd.₹1.65 Cr
Rupee Co-Operative Bank Limited₹1.55 Cr
Others₹0.72 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Feb 2019100243430Others₹20 LakhSatisfied
31 Aug 2018100205373Others₹12 LakhSatisfied
17 May 2018100184603Others₹40 LakhSatisfied
10 Jul 201510592909Vidya Sahakari Bank Limited₹40 LakhSatisfied
25 Jul 201310439967Vidya Sahakari Bank Limited₹1.9 CrSatisfied

To see the full charge records of Niki Gears Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Niki Gears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Niki Gears Private Limited has a workforce of 5 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1
Employee growth
25%

GST

Niki Gears has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACN4618E1ZPMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Niki Gears Private Limited, buy the company report.

Recent activity

Niki Gears Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Asheet Ashwanikumar Pasricha ceased to be Director on 18 Feb 2019.

AGM
Niki Gears Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Niki Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Charges
A charge registered on 13 Feb 2019 via Charge ID 100243430 with Others was fully satisfied on 04 Sep 2020.
Charges
A charge registered on 31 Aug 2018 via Charge ID 100205373 with Others was fully satisfied on 04 Sep 2020.
Charges
A charge registered on 17 May 2018 via Charge ID 100184603 with Others was fully satisfied on 04 Sep 2020.
Charges
A charge registered on 10 Jul 2015 via Charge ID 10592909 with Vidya Sahakari Bank Limited was fully satisfied on 04 Sep 2020.
Charges
A charge registered on 25 Jul 2013 via Charge ID 10439967 with Vidya Sahakari Bank Limited was fully satisfied on 04 Sep 2020.
Charges
A charge registered on 06 Jul 2013 via Charge ID 10439968 with Vidya Sahakari Bank Ltd. was fully satisfied on 04 Sep 2020.
Ceased
Asheet Ashwanikumar Pasricha ceased to be Director.
Appointed
Anita Abnash Pasricha was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100243430 was registered on 13 Feb 2019.
Charges
A charge with Others amounted to Rs. 12.00 Lakh with Charge ID 100205373 was registered on 31 Aug 2018.

16 earlier events are in the company report.

Frequently asked questions

Niki Gears is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 15 December 1994 (32+ years old) and is registered under CIN U29290MH1994PTC083761.

Niki Gears has 2 current directors:

The latest financial statements of Niki Gears on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Niki Gears is 27AAACN4618E1ZP, registered in Maharashtra.

The CIN (Corporate Identification Number) of Niki Gears is U29290MH1994PTC083761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Niki Gears has 44 court cases on record: 22 filed by the company and 22 filed against it. 12 are pending. Most are in the district courts.

Niki Gears was incorporated on 15 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Niki Gears by revenue are Maxim Precision Technologies Private Limited, Transtel Engineering Private Limited, Panwell Hydraulics and Gauge System Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Asheet Ashwanikumar Pasricha ceased to be Director on 18 Feb 2019. Anita Abnash Pasricha was appointed as Additional Director on 14 Feb 2019. Anita Abnash Pasricha ceased to be Director on 30 Aug 2018. Niki Gears has 4 board changes on record in total.

Yes, Niki Gears is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0102041).

The registered office of Niki Gears is at Moulds & Dies Private Limitedsurenbaug Estate L B S Marg Kurla W, Mumbai, Maharashtra, India – 400070.