About National Research Development Corporation
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National Research Development Corporation is a private not for profit company based in New Delhi, Delhi, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 01 May 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1987NPL002354. Its GSTIN is 07AAACN2025K2ZO (Delhi). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.42 Cr. It is led by directors including Shankar Narayan (Managing Director) and Saroj Kumar Sahoo.
Its last annual general meeting (AGM) was held on 09 October 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 20 – 22/ Zamroodpur Community Centre Kailash Colony Extension, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2026, the company reported a revenue of ₹23.8 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net loss of ₹1.72 Cr (net margin -7.2%) and EBITDA of -₹2.36 Cr (EBITDA margin -9.9%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 24% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: National Research Development Corporation. Court records list 57 cases involving the company, including 37 filed by the company and 20 filed against it; 12 cases are 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 nrdcindia.com.
Company details
CIN history
National Research Development Corporation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899DL1987NPL002354, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1987NPL002354 | Current |
| U74899DL1987GOI002354 | Previous |
| U74899DL1987PLC002354 | Previous |
Contact details
National Research Development Corporation's registered office is in New Delhi, Delhi.
- Social Media
- Apps
- Registered Address20 – 22/ Zamroodpur Community Centre Kailash Colony Extension, New Delhi, Delhi, India – 110048
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
- 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
National Research Development Corporation operates one associated brand: National Research Development Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology commercialisation services are provided to clients. | nrdcindia.com |
Business activity
The main business activity of National Research Development Corporation is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of National Research Development Corporation, buy the company report.
Financials of National Research Development Corporation
FY 2026 filings availableNational Research Development Corporation reported revenue of ₹23.8 Cr (up 61% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 61% growth 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹23.8 Cr | ||||
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| EBITDA | -₹2.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.72 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.9% | ||||
| Net Profit Margin | -7.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of National Research Development Corporation, buy the company report.
Board of directors of National Research Development Corporation
National Research Development Corporation has 4 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kumar Gupta | Nominee Director | 12 Dec 2022 | 3 Years 11 Months | Current |
| Shankar Narayan | Managing Director | 17 Oct 2026 | 0 Years 0 Months | Current |
| Saroj Kumar Sahoo Also directs: Redrose Synthetics Private Limited | Director | 20 Jul 2026 | 0 Years 3 Months | Current |
| Virendra Singh Chouhan | Director | 20 Jul 2026 | 0 Years 3 Months | Current |
Legal cases
National Research Development Corporation has 57 court cases on record: 37 filed by National Research Development Corporation, 20 filed against it. 12 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 11 | 7 |
| District courts | 15 | 3 | 4 |
| Supreme Court | 12 | 6 | 1 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by M/S Swastika Industries | Disposed |
| Supreme Court | Court case (4302-Service Laws : Promotion, seniority, payment of salary, bonus, provident fund, service benefits, equal pay for equal work, pay scales, transfer) | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by Synergies Casting Ltd. | Disposed |
| Supreme Court | Court case | Filed against the company by M/S Park Controls and Communications Private Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Eddy Current Controls (India) Ltd | Pending |
To see the full case history of National Research Development Corporation, 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 National Research Development Corporation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
National Research Development Corporation has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACN2025K2ZO | Delhi | Active | 01 Jul 2017 |
| 07AAACN2025K1DY | Delhi | Active | 11 Oct 2018 |
To see the full GST registrations and return filing status of National Research Development Corporation, buy the company report.
Recent activity
National Research Development Corporation has 32 board changes on record since 2008: 4 appointments and 28 cessations. The latest: Shankar Narayan was appointed as Managing Director on 17 Oct 2026.
23 earlier events are in the company report.
Frequently asked questions
National Research Development Corporation is an active private not for profit company based in New Delhi, Delhi, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 01 May 1987 (39+ years old) and is registered under CIN U74899DL1987NPL002354.
National Research Development Corporation has 4 current directors:
- Shankar Narayan - Managing Director
- Mahendra Kumar Gupta - Nominee Director
- Saroj Kumar Sahoo - Director
- Virendra Singh Chouhan - Director
The latest financial statements of National Research Development Corporation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 09 October 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of National Research Development Corporation is 07AAACN2025K2ZO, registered in Delhi. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACN2025K1DY (Delhi).
The CIN (Corporate Identification Number) of National Research Development Corporation is U74899DL1987NPL002354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
National Research Development Corporation has 57 court cases on record: 37 filed by the company and 20 filed against it. 12 are pending. Most are in the high courts.
National Research Development Corporation was incorporated on 01 May 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
Shankar Narayan was appointed as Managing Director on 17 Oct 2026. Saroj Kumar Sahoo was appointed as Director on 20 Jul 2026. Virendra Singh Chouhan was appointed as Director on 20 Jul 2026. National Research Development Corporation has 32 board changes on record in total.
National Research Development Corporation can be reached through the website nrdcindia.com. Its registered office is in New Delhi, Delhi, India.
The registered office of National Research Development Corporation is at 20 – 22 Zamroodpur Community Centre Kailash Colony Extension, New Delhi, Delhi, India – 110048.
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