About Nahars Engineering India Private Limited
Data last updated:
Nahars Engineering India Private Limited is a private limited company based in Aurangabad, Maharashtra, India, a subsidiary of Laxmi Rikshaw Body Private Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 07 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH1998PTC205651. Its GSTIN is 27AABCE3808J1ZO (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹35.5 Lakh. It was formerly known as Emkay Automobile Industries (Aurangabad) Private Limited and M and M Auto Industries (Aurangabad) Pvt. Ltd. It is led by directors including Harshal Subhash Nahar (Managing Director) and Lalita Subhash Nahar.
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 Plot No. E – 95/2 MIDC Waluj Aurangabad, Maharashtra, India – 431136.
As per the financials filed for FY 2025, the company reported a revenue of ₹730.9 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹16.47 Cr (net margin 2.3%) and EBITDA of ₹48.21 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 14% over five years.
The company has about 424 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹368.67 Cr and satisfied charges of ₹165 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹52.65 Cr; the latest was in November 2018. Its 10 peer companies in the Automobiles industry (Auto Ancillary) are compared by revenue, 5 larger and 5 smaller; the largest is Eaton Industrial Systems Private Limited with revenue of ₹743.12 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laxmigroup.net.in.
Name History of Nahars Engineering India Private Limited
Nahars Engineering India has undergone 2 name changes throughout its history. The company was previously known as Emkay Automobile Industries (Aurangabad) Private Limited, and M And M Auto Industries (Aurangabad) Pvt. Ltd. The current legal name is Nahars Engineering India Private Limited.
| Company Name | Status |
|---|---|
| Nahars Engineering India Private Limited | Current |
| Emkay Automobile Industries (Aurangabad) Private Limited | Previous |
| M And M Auto Industries (Aurangabad) Pvt. Ltd | Previous |
CIN History of Nahars Engineering India Private Limited
Nahars Engineering India has one previous CIN (Corporate Identification Number): U34300DL1998PTC093205. The current CIN is U34300MH1998PTC205651, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34300MH1998PTC205651 | Current |
| U34300DL1998PTC093205 | Previous |
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- Website
- Social Media
- Registered AddressPlot No. E – 95/2 MIDC Waluj Aurangabad, Maharashtra, India – 431136
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Nahars Engineering India Private Limited
The main business activity of Nahars Engineering India is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nahars Engineering India Private Limited FY 2024 filings available
Nahars Engineering India Private Limited reported revenue of ₹730.9 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nahars Engineering India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 1% growth in the latest year. EBITDA rose 21% 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 of Nahars Engineering India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹48.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.47 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Nahars Engineering India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nahars Engineering India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nahars Engineering India Private Limited
Nahars Engineering India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalita Subhash Nahar | Director | 03 Jul 2010 | 16 Years 3 Months | Current |
| Subhash Madanlal Nahar | Director | 03 Jul 2010 | 16 Years 3 Months | Current |
| Harshal Subhash Nahar Also directs: Laxmi Metal Pressing Works Private Limited, Luminaz Safety Glass Private Limited, Laxmi Rikshaw Body Private Limited and 1 more | Managing Director | 29 Nov 2017 | 8 Years 10 Months | Current |
Peer Comparison of Nahars Engineering India Private Limited
Nahars Engineering India Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eaton Industrial Systems Private Limited | ₹743.12 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Pune, Maharashtra, India |
| Daeseung Autoparts India Private Limited | ₹738.14 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Tata Ficosa Automotive Systems Private Limited | ₹734.26 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Shriniwas Engineering Auto Components Private Limited | ₹734.09 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Pune, Maharashtra, India |
| Ecorea & Kuroda Electric India Private Limited | ₹733.01 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Pune, Maharashtra, India |
| Nahars Engineering India Private Limited this company | ₹730.9 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Aurangabad, Maharashtra, India |
| Rajsriya Automotive Industries Private Limited | ₹730.86 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Setco Automotive Limited Listed | ₹730.33 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gujarat, India |
| Alp Nishikawa Company Private Limited | ₹730.07 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| SMRC Automotive Products India Limited | ₹728.16 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Arcelormittal Neel Tailored Blanks Private Limited | ₹723.15 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Sriperumpudur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Nahars Engineering India by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nahars Engineering India Private Limited
Nahars Engineering India Private Limited is audited by V.V.KOTHARI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.V.KOTHARI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nahars Engineering India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nahars Engineering India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2024 | State Bank of India | ₹4 Cr | Open |
| 23 Jan 2024 | Others | ₹50 Cr | Open |
| 29 Mar 2023 | Others | ₹10 Cr | Open |
| 12 Jan 2023 | Others | ₹32.8 Cr | Open |
| 31 Mar 2022 | State Bank of India | ₹27.8 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Nahars Engineering India Private Limited
Nahars Engineering India Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹52.65 Cr; the latest was in November 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Funding round | ₹43.05 Cr | Investors: Laxmi Rikshaw Body Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Laxmi Rikshaw Body Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Laxmi Rikshaw Body Private Limited Seller: Laxmi Metal Pressing Works Private Limited , 2 individuals |
| Mar 2012 | Funding round | ₹9.6 Cr | Investors: Laxmi Metal Pressing Works Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Narendra Uttamchand Khivansara HUF, 2 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Nahars Engineering India Private Limited
Nahars Engineering India Private Limited has 4 court cases on record: 3 filed by Nahars Engineering India, 1 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (COMPLAINT ULP) | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nahars Engineering India Private Limited
Nahars Engineering India Private Limited has a workforce of 424 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Nahars Engineering India Private Limited
Nahars Engineering India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Nahars Engineering India Private Limited
Nahars Engineering India Private Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Harshal Subhash Nahar ceased to be Whole-Time Director on 01 Aug 2019.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nahars Engineering India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nahars Engineering India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nahars Engineering India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nahars Engineering India Private Limited
Nahars Engineering India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE3808J1ZO | Maharashtra | Active | 01 Jul 2017 |
| 29AABCE3808J1ZK | Karnataka | Active | 27 Sep 2017 |
| 33AABCE3808J1ZV | Tamil Nadu | Active | 20 Sep 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nahars Engineering India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nahars Engineering India Private Limited
Nahars Engineering India is an active private limited company based in Aurangabad, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 07 April 1998 (28+ years old) and is registered under CIN U34300MH1998PTC205651.
Nahars Engineering India reported revenue of ₹730.9 Cr for FY 2025 (up 1% YoY).
Nahars Engineering India has 3 current directors:
- Harshal Subhash Nahar - Managing Director
- Lalita Subhash Nahar - Director
- Subhash Madanlal Nahar - Director
Nahars Engineering India reported a net profit of ₹16.47 Cr (net margin 2.3%) and EBITDA of ₹48.21 Cr (EBITDA margin 6.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nahars Engineering India is 2% over three years and 14% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nahars Engineering India is 27AABCE3808J1ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AABCE3808J1ZK (Karnataka), 33AABCE3808J1ZV (Tamil Nadu).
The CIN (Corporate Identification Number) of Nahars Engineering India is U34300MH1998PTC205651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nahars Engineering India has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Nahars Engineering India was incorporated on 07 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Nahars Engineering India has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹52.65 Cr; the latest was in November 2018.
The peers of Nahars Engineering India by revenue are Eaton Industrial Systems Private Limited, Daeseung Autoparts India Private Limited, Tata Ficosa Automotive Systems Private Limited, Shriniwas Engineering Auto Components Private Limited, Ecorea & Kuroda Electric India Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).