Nirman Industries Limited
About Nirman Industries Limited
Data last updated:
Nirman Industries Limited is a public limited company based in Surat, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 21 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2009PLC057020. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.15 Cr. It is led by directors including Dharmeshkumar Parsottambhai Ukani and Parshottamdas Naranbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 63 Nirman Industrial Estate Opp. Fulpada School Ashiwin Kumar Road, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2016, the company reported a revenue of ₹17.6 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹8.63 Cr (net margin -49%) and EBITDA of -₹5.51 Cr (EBITDA margin -31.3%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹120.65 Cr on record. Court records list 20 cases involving the company, including 4 filed by the company and 16 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Nirman Industries Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address63 Nirman Industrial Estate Opp. Fulpada School Ashiwin Kumar Road, Surat, Gujarat, India – 395009
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Nirman Industries Limited, buy the company report.
- 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
Business activity
The main business activity of Nirman Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Nirman Industries Limited, buy the company report.
Financials of Nirman Industries Limited
FY 2016 filings availableNirman Industries Limited reported revenue of ₹17.6 Cr (down 73% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹17.6 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5.51 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹8.63 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -31.3% | |
| Net Profit Margin | -49% | |
| 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 Nirman Industries Limited, buy the company report.
Board of directors of Nirman Industries Limited
Nirman Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmeshkumar Parsottambhai Ukani Also directs: Nirman Fibres Private Limited | Director | 21 May 2009 | 17 Years 5 Months | Current |
| Parshottamdas Naranbhai Patel Also directs: Nirman Fibres Private Limited | Director | 21 May 2009 | 17 Years 5 Months | Current |
| Manjulaben Parsottambhai Ukani | Director | 21 May 2009 | 17 Years 5 Months | Current |
Shareholding
The shareholding of Nirman Industries Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nirman Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2010 | 10257277 | State Bank of India | ₹62.5 Cr | Open | |
| 25 Aug 2010 | 10241582 | State Bank of India | ₹58.15 Cr | Open |
To see the full charge records of Nirman Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nirman Industries Limited has 20 court cases on record: 4 filed by Nirman Industries, 16 filed against it. 4 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 13 | 3 |
| High courts | 5 | 3 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ms Arati Fibres Pvt Ltd | Pending |
| District court, SURAT, Gujarat | Court case (EXE R) | Filed against the company by HDFC Bank Ltd. Authorised Person Tushar Bachubhai Patel | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by M/S.Rachna Air Components Pvt.Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Quippo Energy Pvt. Ltd. | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by M/S Quippo Energy Private Ltd | Disposed |
To see the full case history of Nirman Industries Limited, 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
No delayed payments to MSME suppliers are on our record for Nirman Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirman Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nirman Industries Limited, buy the company report.
Recent activity
Nirman Industries Limited has 3 board changes on record since 2009: 3 appointments. The latest: Dharmeshkumar Parsottambhai Ukani was appointed as Director on 21 May 2009.
Frequently asked questions
Nirman Industries is an active public limited company based in Surat, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 21 May 2009 (17+ years old) and is registered under CIN U17120GJ2009PLC057020.
Nirman Industries has 3 current directors:
- Dharmeshkumar Parsottambhai Ukani - Director
- Parshottamdas Naranbhai Patel - Director
- Manjulaben Parsottambhai Ukani - Director
The latest financial statements of Nirman Industries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Nirman Industries has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Nirman Industries is U17120GJ2009PLC057020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirman Industries has 20 court cases on record: 4 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
Nirman Industries was incorporated on 21 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dharmeshkumar Parsottambhai Ukani was appointed as Director on 21 May 2009. Manjulaben Parsottambhai Ukani was appointed as Director on 21 May 2009. Parshottamdas Naranbhai Patel was appointed as Director on 21 May 2009.
The registered office of Nirman Industries is at 63 Nirman Industrial Estate Opp. Fulpada School Ashiwin Kumar Road, Surat, Gujarat, India – 395009.
Nirman Industries operates in the manufacturing industry, in the plastic and resins segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
