About Nilsan Nishotech Systems Private Limited
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Nilsan Nishotech Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1996PTC099783. Its GSTIN is 27AAACN2768D1ZK (Maharashtra).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5.1 Cr. It was formerly known as Nishotech Systems Private Limited. It is led by directors including Nileshkumar Badani Chimanlal (Managing Director) and Parth Nilesh Badani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 107 Vardhman Complexl B S Marg Vikhroli West, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.76 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹3.52 Cr (net margin -8.8%) and EBITDA of -₹2.09 Cr (EBITDA margin -5.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nilsan Nishotech Systems. As per MCA filings, the company has open charges of ₹19.95 Cr and satisfied charges of ₹30.91 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46.7 Lakh; the latest was in March 2021. The company has 11 MSME Form 1 returns on record between 2019 and 2022, listing 1,572 overdue payments to 39 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nilsan-nishotech.com.
Company details
Name history
Nilsan Nishotech Systems has undergone 2 name changes throughout its history. The company was previously known as Nishotech Systems Private Limited, and Nilsan Nishotech Systems Private Limited. The current legal name is Nilsan Nishotech Systems Private Limited.
| Company Name | Status |
|---|---|
| Nilsan Nishotech Systems Private Limited | Current |
| Nishotech Systems Private Limited | Previous |
Contact details
Nilsan Nishotech Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is nilsan-nishotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address107 Vardhman Complexl B S Marg Vikhroli West, Mumbai, Maharashtra, India – 400083
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Nilsan Nishotech Systems Private 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
Brands
Nilsan Nishotech Systems operates one associated brand: Nilsan Nishotech Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides water purification systems and services for pharmaceutical and food industries. | nilsan-nishotech.com |
Business activity
The main business activity of Nilsan Nishotech Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nilsan Nishotech Systems Private Limited, buy the company report.
Financials of Nilsan Nishotech Systems Private Limited
FY 2024 filings availableNilsan Nishotech Systems Private Limited reported revenue of ₹39.76 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 25% fall in the latest year. EBITDA fell 196% 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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| EBITDA | -₹2.09 Cr | ||||
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| Net Profit (PAT) | -₹3.52 Cr | ||||
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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 | -5.3% | ||||
| Net Profit Margin | -8.8% | ||||
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To see the full financial statements and ratios of Nilsan Nishotech Systems Private Limited, buy the company report.
Board of directors of Nilsan Nishotech Systems Private Limited
Nilsan Nishotech Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Nilesh Badani Also directs: Sanitech Engineers Private Limited, Badani Enterprise LLP | Director | 17 Mar 2022 | 4 Years 7 Months | Current |
| Nileshkumar Badani Chimanlal Also directs: Sanitech Engineers Private Limited | Managing Director | 23 May 1996 | 30 Years 5 Months | Current |
| Sanjaykumar Chimanlal Badani Also directs: Sanitech Engineers Private Limited, Mbpituha Association | Director | 01 Feb 2005 | 21 Years 8 Months | Current |
Auditor
Nilsan Nishotech Systems Private Limited is audited by A PMH & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A PMH & ASSOCIATES LLP | FY 2023 | 102699W/W100142 |
Shareholding
The shareholding of Nilsan Nishotech Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nilsan Nishotech Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2017 | 100177370 | Axis Bank Limited | ₹19.95 Cr | Open | |
| 09 Oct 2009 | 10181536 | Kotak Mahindra Bank Limited | ₹16.2 Cr | Satisfied | |
| 02 Jun 2007 | 10058573 | Canara Bank | ₹15 Lakh | Satisfied | |
| 10 May 2007 | 10052602 | Canara Bank | ₹14.52 Lakh | Satisfied | |
| 05 Apr 2007 | 10047312 | Canara Bank | ₹21 Lakh | Satisfied |
To see the full charge records of Nilsan Nishotech Systems Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Nilsan Nishotech Systems Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46.7 Lakh; the latest was in March 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2006 | Funding round | ₹46.7 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nilsan Nishotech Systems Private Limited has 17 court cases on record: 12 filed by Nilsan Nishotech Systems, 5 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 1 |
| District courts | 8 | 3 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Cri.Appeal) | Filed by the company against Ms Issar Pharmaceuticals Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ms Sunstar Engineering Pvt.Ltd | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Berger Paints India Ltd. | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Berger Paints India Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Berger Paints India Ltd. | Disposed |
To see the full case history of Nilsan Nishotech Systems Private 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
Nilsan Nishotech Systems Private Limited has 11 MSME Form 1 returns on record between 2019 and 2022, listing 1,572 overdue payments to 39 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 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Zeal Tech Engineers | |||
| Shree Sadgurukrupa Pharmaceuticals | |||
| an individual supplier | |||
| Unison Valves Private Limited |
To see the full MSME payment records of Nilsan Nishotech Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nilsan Nishotech Systems Private Limited has a workforce of 106 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Nilsan Nishotech Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN2768D1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nilsan Nishotech Systems Private Limited, buy the company report.
Recent activity
Nilsan Nishotech Systems Private Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Parth Nilesh Badani was appointed as Director on 17 Mar 2022.
56 earlier events are in the company report.
Frequently asked questions
Nilsan Nishotech Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 May 1996 (30+ years old) and is registered under CIN U74999MH1996PTC099783.
Nilsan Nishotech Systems has 3 current directors:
- Nileshkumar Badani Chimanlal - Managing Director
- Parth Nilesh Badani - Director
- Sanjaykumar Chimanlal Badani - Director
The latest financial statements of Nilsan Nishotech Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nilsan Nishotech Systems is 27AAACN2768D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nilsan Nishotech Systems is U74999MH1996PTC099783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nilsan Nishotech Systems has 17 court cases on record: 12 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Nilsan Nishotech Systems was incorporated on 23 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Nilsan Nishotech Systems has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46.7 Lakh; the latest was in March 2021.
Parth Nilesh Badani was appointed as Director on 17 Mar 2022. Shoebhusein Abbasali Kurawadwala ceased to be Director on 27 Aug 2010. Sanjaykumar Chimanlal Badani was appointed as Director on 01 Feb 2005. Nilsan Nishotech Systems has 4 board changes on record in total.
Nilsan Nishotech Systems has 11 MSME Form 1 returns on record between 2019 and 2022, listing 1,572 overdue payments to 39 micro and small suppliers. The latest return was filed on 28 Apr 2022.
Nilsan Nishotech Systems can be reached through the website nilsan-nishotech.com. Its registered office is in Mumbai, Maharashtra, India.