About Ncvi Enterprises Limited
Data last updated:
Ncvi Enterprises Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 07 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51900PB2015PLC039435. Its GSTIN is 03AAFCT3347M1Z7 (Punjab).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹14.59 Cr. It was formerly known as Towels Enterprises Limited. It is led by directors including Aditi Gupta (Whole-Time Director) and Abhiraj Gupta.
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 93 Indl Area A Loc. Indl Area A, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.24 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹6.2 Cr (net margin 13.4%) and EBITDA of ₹3.59 Cr (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
As per MCA filings, the company has satisfied charges of ₹8.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹62.15 Cr; the latest was in September 2023. Its 5 peer companies in the Metals and Minerals industry (Agro Retail and Distribution, Chemical Retail and Distribution, Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Priyanka Jewellers Private Limited with revenue of ₹46.4 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 4 overdue payments to 2 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 towelsenterprises.com.
Company details
Name history
Ncvi Enterprises has undergone 2 name changes throughout its history. The company was previously known as Ncvi Enterprises Limited, and Towels Enterprises Limited. The current legal name is Ncvi Enterprises Limited.
| Company Name | Status |
|---|---|
| Ncvi Enterprises Limited | Current |
| Towels Enterprises Limited | Previous |
Contact details
Ncvi Enterprises Limited's registered office is in Ludhiana, Punjab. Its website is towelsenterprises.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address93 Indl Area A Loc. Indl Area A, Ludhiana, Punjab, India – 141003
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Ncvi Enterprises 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
Business activity
The main business activity of Ncvi Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ncvi Enterprises Limited, buy the company report.
Financials of Ncvi Enterprises Limited
FY 2025 filings availableNcvi Enterprises Limited reported revenue of ₹46.24 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 7% fall in the latest year. EBITDA fell 23% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.2 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 13.4% | ||||
| 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 Ncvi Enterprises Limited, buy the company report.
Board of directors of Ncvi Enterprises Limited
Ncvi Enterprises has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditi Gupta Also directs: Gubgub Private Limited | Whole-Time Director | 21 Mar 2024 | 2 Years 7 Months | Current |
| Abhiraj Gupta | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
| Ajay Latawa | Director | 03 Apr 2017 | 9 Years 6 Months | Current |
| Prabhupal Singh | Director | 07 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Ncvi Enterprises Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Agro Retail and Distribution, Chemical Retail and Distribution, Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Priyanka Jewellers Private Limited | ₹46.4 Cr (FY 2025) | 76.0% | Kolkata, West Bengal, India | |||
| Helly Chem Industries Private Limited | ₹46.27 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Ncvi Enterprises Limitedthis company | ₹46.24 Cr (FY 2025) | ₹6.2 Cr | 13.4% | -7.0% | Ludhiana, Punjab, India | |
| Krasny Projects Private Limited | ₹46.19 Cr (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| M.R. Agro Overseas Private Limited | ₹46.09 Cr (FY 2025) | 46.0% | Indore, Madhya Pradesh, India | |||
| Padmawati Marketing Private Limited | ₹46.07 Cr (FY 2025) | -4.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ncvi Enterprises Limited, buy the company report.
Auditor
Ncvi Enterprises Limited is audited by V V Bhalla & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V V Bhalla & Company | FY 2022 | 002928N |
Shareholding
The shareholding of Ncvi Enterprises Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ncvi Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2016 | 100016300 | Bank of India | ₹8.5 Cr | Satisfied |
To see the full charge records of Ncvi Enterprises Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Ncvi Enterprises Limited has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹62.15 Cr; the latest was in September 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Funding round | ₹11.93 Cr | Investors: NM Merchantiles Limited , Mayadevi Polycot Limited , 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Mayadevi Polycot Limited Seller: Trichit Limited |
| Oct 2021 | Funding round | ₹9.66 Cr | Investors: Trichit Limited , Enorg Limited , Bhudeva Lifesciences Limited |
| Mar 2021 | Funding round | ₹37.26 Cr | Investors: Vasudeva Commercials Limited , Enorg Limited , G Consultants And Fabricators Limited |
| Oct 2020 | Funding round | ₹1.1 Cr | Investors: True Value Traders Limited |
To see the full deal history of Ncvi Enterprises Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ncvi Enterprises Limited has 1 court case on record: 1 filed by Ncvi Enterprises. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ncvi Enterprises 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.
Credit ratings & regulatory alerts
Ncvi Enterprises Limited was last rated by Crisil on 19 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Oct 2020 |
To see the full credit ratings and regulatory alerts of Ncvi Enterprises Limited, buy the company report.
MSME payment delays
Ncvi Enterprises Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bhagyanagar Chlorides Pvt Ltd | |||
| Pawa Brokers Pvt Ltd |
To see the full MSME payment records of Ncvi Enterprises Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ncvi Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCT3347M1Z7 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ncvi Enterprises Limited, buy the company report.
Recent activity
Ncvi Enterprises Limited has 15 board changes on record since 2015: 5 appointments and 10 cessations. The latest: Aditi Gupta ceased to be Additional Director on 29 Sep 2024.
9 earlier events are in the company report.
Frequently asked questions
Ncvi Enterprises is an active public limited company based in Ludhiana, Punjab, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 07 May 2015 (11+ years old) and is registered under CIN U51900PB2015PLC039435.
Ncvi Enterprises has 4 current directors:
- Aditi Gupta - Whole-Time Director
- Abhiraj Gupta - Director
- Ajay Latawa - Director
- Prabhupal Singh - Director
The latest financial statements of Ncvi Enterprises 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 FY 2016 are in the company report.
The GSTIN of Ncvi Enterprises is 03AAFCT3347M1Z7, registered in Punjab.
The CIN (Corporate Identification Number) of Ncvi Enterprises is U51900PB2015PLC039435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ncvi Enterprises has 1 court case on record: 1 filed by the company.
Ncvi Enterprises was incorporated on 07 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ncvi Enterprises has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹62.15 Cr; the latest was in September 2023.
The peers of Ncvi Enterprises by revenue are Priyanka Jewellers Private Limited, Helly Chem Industries Private Limited, Krasny Projects Private Limited, M.R. Agro Overseas Private Limited, Padmawati Marketing Private Limited, all in the Metals and Minerals industry (Agro Retail and Distribution, Chemical Retail and Distribution, Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Aditi Gupta ceased to be Additional Director on 29 Sep 2024. Aditi Gupta was appointed as Whole-Time Director on 21 Mar 2024. Jatin Sood was appointed as Company Secretary on 01 Feb 2024. Ncvi Enterprises has 15 board changes on record in total.
Ncvi Enterprises has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 Apr 2021.
Ncvi Enterprises can be reached through the website towelsenterprises.com. Its registered office is in Ludhiana, Punjab, India.