Navnirman Electrics P Ltd
About Navnirman Electrics P Ltd
Data last updated:
Navnirman Electrics P Ltd is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32109PN1990PTC059524. Its GSTIN is 27AABCN2057J1ZG (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2.56 Lakh. It is led by directors including Gajanan Laxmikant Nerikar (Whole-Time Director) and Mohan Saranathan Raghavachari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 54 MIDC, Ahmednagar, Maharashtra, India – 414111.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.53 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹4.03 Lakh (net margin -8.7%) and EBITDA of -₹17,086 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Navnirman Electrics P has one previous CIN (Corporate Identification Number): U32109MH1990PTC059524. The current CIN is U32109PN1990PTC059524, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32109PN1990PTC059524 | Current |
| U32109MH1990PTC059524 | Previous |
Contact details
Navnirman Electrics P Ltd's registered office is in Ahmednagar, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 54 MIDC, Ahmednagar, Maharashtra, India – 414111
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Navnirman Electrics P Ltd, 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 Navnirman Electrics P 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 Navnirman Electrics P Ltd, buy the company report.
Financials of Navnirman Electrics P Ltd
FY 2025 filings availableNavnirman Electrics P Ltd reported revenue of ₹46.53 Lakh (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 69% fall in the latest year. EBITDA fell 172% 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 | -₹17,086 | ||||
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| Net Profit (PAT) | -₹4.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -8.7% | ||||
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To see the full financial statements and ratios of Navnirman Electrics P Ltd, buy the company report.
Board of directors of Navnirman Electrics P Ltd
Navnirman Electrics P has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajanan Laxmikant Nerikar | Whole-Time Director | 20 Dec 1990 | 35 Years 10 Months | Current |
| Mohan Saranathan Raghavachari | Whole-Time Director | 20 Dec 1990 | 35 Years 10 Months | Current |
| Sunil Shriram Deshmukh Also directs: Care Catalyst Equipments Private Limited | Whole-Time Director | 20 Dec 1990 | 35 Years 10 Months | Current |
Peer comparison
Navnirman Electrics P Ltd is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aquila Engineers Private Limited | ₹47.35 Lakh (FY 2020) | 87.0% | Vadodara, Gujarat, India | |||
| Patliputra Power Solutions Private Limited | ₹46.94 Lakh (FY 2025) | 130.0% | Ghailarh, Bihar, India | |||
| Luminance Controls Private Limited | ₹46.67 Lakh (FY 2025) | -1.0% | Greater Noida, Uttar Pradesh, India | |||
| Nitinol Electro Transpower Solutions Private Limited | ₹46.66 Lakh (FY 2021) | -28.0% | Thane, Maharashtra, India | |||
| Navnirman Electrics P Ltdthis company | ₹46.53 Lakh (FY 2025) | -₹4.03 Lakh | -8.7% | -69.0% | Ahmednagar, Maharashtra, India | |
| Technotherm Projects Pvt Ltd | ₹46.46 Lakh (FY 2025) | -51.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Navnirman Electrics P Ltd, buy the company report.
Shareholding
The shareholding of Navnirman Electrics P Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Navnirman Electrics P Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Navnirman Electrics P Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navnirman Electrics P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Navnirman Electrics P has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN2057J1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navnirman Electrics P Ltd, buy the company report.
Recent activity
Navnirman Electrics P Ltd has 3 board changes on record since 1990: 3 appointments. The latest: Gajanan Laxmikant Nerikar was appointed as Whole-Time Director on 20 Dec 1990.
Frequently asked questions
Navnirman Electrics P is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 December 1990 (36+ years old) and is registered under CIN U32109PN1990PTC059524.
Navnirman Electrics P has 3 current directors:
- Gajanan Laxmikant Nerikar - Whole-Time Director
- Mohan Saranathan Raghavachari - Whole-Time Director
- Sunil Shriram Deshmukh - Whole-Time Director
The latest financial statements of Navnirman Electrics P on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Navnirman Electrics P is 27AABCN2057J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Navnirman Electrics P is U32109PN1990PTC059524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navnirman Electrics P was incorporated on 20 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Navnirman Electrics P by revenue are Aquila Engineers Private Limited, Patliputra Power Solutions Private Limited, Luminance Controls Private Limited, Nitinol Electro Transpower Solutions Private Limited, Technotherm Projects Pvt Ltd, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Gajanan Laxmikant Nerikar was appointed as Whole-Time Director on 20 Dec 1990. Mohan Saranathan Raghavachari was appointed as Whole-Time Director on 20 Dec 1990. Sunil Shriram Deshmukh was appointed as Whole-Time Director on 20 Dec 1990.
The registered office of Navnirman Electrics P is at D – 54 MIDC, Ahmednagar, Maharashtra, India – 414111.
Navnirman Electrics P operates in the energy and power industry, in the power equipment manufacturers segment.
The compliance status of Navnirman Electrics P is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.