Narol Textile Infrastructure & Enviro Management

Narol Textile Infrastructure & Enviro Management - environment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U38120GJ2010NPL060003 Incorporated 25 March 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Not For Profit Company environment
Data last updated
Revenue · FY 2024
₹65.46 Cr
▲ 10% YoY
Net loss · FY 2024
₹3.74 Cr
Net margin -5.7%
EBITDA · FY 2024
₹13.78 Cr
EBITDA margin 21.1%
Open charges
₹70 Cr
Satisfied ₹150 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
24
Provident fund records
Directors on board
23
As per MCA filings
Active GSTINs
1
GST registered

About Narol Textile Infrastructure & Enviro Management

Data last updated:

Narol Textile Infrastructure & Enviro Management is a public not for profit company based in Ahmedabad, Gujarat, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 25 March 2010 and has been in existence for over 16 years.

Its director Yamunadutt Amilal Agrawal and family are #1,233 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U38120GJ2010NPL060003. Its GSTIN is 24AADCN2226K1ZN (Gujarat).

It is led by directors including Rajendraprasad Ramkumar Agarwal and Anilkumar Mangalchand Mittal.

Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹65.46 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹3.74 Cr (net margin -5.7%) and EBITDA of ₹13.78 Cr (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 15% over five years.

The company has about 24 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹150 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ntiem.com.

Company details

CIN U38120GJ2010NPL060003
Registration Number 060003
Incorporation Date 25 March 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Narol Textile Infrastructure & Enviro Management has one previous CIN (Corporate Identification Number): U37200GJ2010NPL060003. The current CIN is U38120GJ2010NPL060003, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U38120GJ2010NPL060003Current
U37200GJ2010NPL060003Previous

Recognitions & Rankings of Narol Textile Infrastructure & Enviro Management

Contact details

Narol Textile Infrastructure & Enviro Management's registered office is in Ahmedabad, Gujarat. Its website is ntiem.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    P – 2 S 169 – 170 Part Saijpur – Gopalpur Near Adc Bank Opp Ioc Petrol Pump Pirana Road Pipla, J., Ahmedabad, Gujarat, India – 382405
  • Industry
    Environment, Water Treatment

To see the full contact details of Narol Textile Infrastructure & Enviro Management, buy the company report.

Comprehensive company report
Narol Textile Infrastructure & Enviro Management - 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 Narol Textile Infrastructure & Enviro Management is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
EWater supply, sewerage and waste managementE3Waste collection, treatment and disposal activities, materials recovery and Other waste management services

To see the full business activity and turnover split of Narol Textile Infrastructure & Enviro Management, buy the company report.

Financials of Narol Textile Infrastructure & Enviro Management

FY 2024 filings available

Narol Textile Infrastructure & Enviro Management reported revenue of ₹65.46 Cr (up 10% YoY) for FY 2024.

Revenue · FY 2024
₹65.46 Cr ▲ 10%
Net loss · FY 2024
₹3.74 Cr margin -5.7%
EBITDA · FY 2024
₹13.78 Cr margin 21.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 27%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 69%
5 years · compounded
▲ 26%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 10% growth in the latest year. EBITDA fell 12% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹13.78 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.74 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin21.1%
Net Profit Margin-5.7%
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 Narol Textile Infrastructure & Enviro Management, buy the company report.

Board of directors of Narol Textile Infrastructure & Enviro Management

Narol Textile Infrastructure & Enviro Management has 23 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajendraprasad Ramkumar AgarwalDirector09 Nov 20205 Years 11 MonthsCurrent
Anilkumar Mangalchand MittalDirector09 Nov 20205 Years 11 MonthsCurrent
Sureshchandra Devishai BajajDirector09 Nov 20205 Years 11 MonthsCurrent
Hanifbhai Ismailbhai DevdiwalaDirector01 Apr 20215 Years 6 MonthsCurrent
Vasudev Subhkaran AgarwalDirector01 Apr 20215 Years 6 MonthsCurrent
Jivanraj Motilal RankaDirector18 Jan 20224 Years 9 MonthsCurrent
Showing 6 of 23 current directors. View all directors

Auditor

Narol Textile Infrastructure & Enviro Management is audited by SUNIL PODDAR & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SUNIL PODDAR & CO.FY 2023110603W

Shareholding

The shareholding of Narol Textile Infrastructure & Enviro Management is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public

To see the full shareholding pattern of Narol Textile Infrastructure & Enviro Management, buy the company report.

Charges & borrowings

Open charges
₹70 Cr
Satisfied charges
₹150 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹70.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2023100761772Hdfc Bank Limited₹70 CrOpen
19 Jun 201510584379State Bank of India₹75 CrSatisfied
19 Jun 201510584153State Bank of India₹75 CrSatisfied

To see the full charge records of Narol Textile Infrastructure & Enviro Management, buy the company report.

Total charge records: 3 View all charges

Credit ratings & regulatory alerts

Narol Textile Infrastructure & Enviro Management was last rated by Care on 27 Oct 2025.

Rating agencyRated onRating
Care27 Oct 2025

To see the full credit ratings and regulatory alerts of Narol Textile Infrastructure & Enviro Management, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Narol Textile Infrastructure & Enviro Management; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Narol Textile Infrastructure & Enviro Management has a workforce of 24 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
24
Active EPFO establishments
1

GST

Narol Textile Infrastructure & Enviro Management has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCN2226K1ZNGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Narol Textile Infrastructure & Enviro Management, buy the company report.

Recent activity

Narol Textile Infrastructure & Enviro Management has 45 board changes on record since 2014: 23 appointments and 22 cessations. The latest: Arvindbhai Gordhanbhai Hirpara ceased to be Additional Director on 29 Sep 2022.

Charges
A charge with Hdfc Bank Limited of Rs. 700,000,000.00 registered on 30 Jun 2023 with Charge ID 100761772 was modified on 20 Mar 2025.
AGM
Narol Textile Infrastructure & Enviro Management last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Narol Textile Infrastructure & Enviro Management has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 19 Jun 2015 via Charge ID 10584379 with State Bank Of India was fully satisfied on 23 Aug 2023.
Charges
A charge registered on 19 Jun 2015 via Charge ID 10584153 with State Bank Of India was fully satisfied on 23 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 700,000,000.00 with Charge ID 100761772 was registered on 30 Jun 2023.
Ceased
Arvindbhai Gordhanbhai Hirpara ceased to be Additional Director.
Ceased
Balkishan Agarwal ceased to be Additional Director.
Ceased
Gupta Kailashchandra Nanak ceased to be Additional Director.
Ceased
Jivanraj Motilal Ranka ceased to be Additional Director.
Ceased
Ketan Chandulal Thakkar ceased to be Additional Director.
Ceased
Shatishbhai Mumanbhai Bharvad ceased to be Additional Director.

42 earlier events are in the company report.

Frequently asked questions

Narol Textile Infrastructure & Enviro Management is an active public not for profit company based in Ahmedabad, Gujarat, India. The company works in water treatment, within the environment industry. It was incorporated on 25 March 2010 (16+ years old) and is registered under CIN U38120GJ2010NPL060003.

The latest financial statements of Narol Textile Infrastructure & Enviro Management on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Narol Textile Infrastructure & Enviro Management is 24AADCN2226K1ZN, registered in Gujarat.

The CIN (Corporate Identification Number) of Narol Textile Infrastructure & Enviro Management is U38120GJ2010NPL060003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Narol Textile Infrastructure & Enviro Management has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

Narol Textile Infrastructure & Enviro Management was incorporated on 25 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Arvindbhai Gordhanbhai Hirpara ceased to be Additional Director on 29 Sep 2022. Balkishan Agarwal ceased to be Additional Director on 29 Sep 2022. Gupta Kailashchandra Nanak ceased to be Additional Director on 29 Sep 2022. Narol Textile Infrastructure & Enviro Management has 45 board changes on record in total.

Narol Textile Infrastructure & Enviro Management can be reached through the website ntiem.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Narol Textile Infrastructure & Enviro Management is at P – 2 S 169 – 170 Part Saijpur – Gopalpur Near Adc Bank Opp Ioc Petrol Pump Pirana Road Pipla, J., Ahmedabad, Gujarat, India – 382405.