About Neco Ceramics Limited
Data last updated:
Neco Ceramics Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 22 February 1930 and has been in existence for over 96 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U99999MH1930PLC010268. Its GSTIN is 27AAACN4273H1ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.65 Cr and a paid-up capital of ₹1.63 Cr. It is led by directors including Basant Lal Shaw and Avneesh Jayaswal.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bagadganj, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.29 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹21.99 Lakh and EBITDA of -₹21.25 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 74% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3,200 Cr and satisfied charges of ₹7,986.08 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 2 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 necoindia.com.
Company details
CIN history
Neco Ceramics has one previous CIN (Corporate Identification Number): L99999MH1930PLC010268. The current CIN is U99999MH1930PLC010268, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1930PLC010268 | Current |
| L99999MH1930PLC010268 | Previous |
Contact details
Neco Ceramics Limited's registered office is in Nagpur, Maharashtra. Its website is necoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBagadganj, Nagpur, Maharashtra, India – 440008
- IndustryManufacturing, Construction Materials
To see the full contact details of Neco Ceramics 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
Financials of Neco Ceramics Limited
FY 2025 filings availableNeco Ceramics Limited reported revenue of ₹1.29 Lakh (down 62% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 62% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.29 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.99 Lakh | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Neco Ceramics Limited, buy the company report.
Board of directors of Neco Ceramics Limited
Neco Ceramics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basant Lal Shaw | Director | 01 Apr 2005 | 21 Years 7 Months | Current |
| Avneesh Jayaswal Also directs: Jayaswal Neco Industries Limited, Bhilai Iron Foundry Private Limited, Neco Realty Private Limited and 5 more | Director | 05 Mar 2012 | 14 Years 7 Months | Current |
| Anand Jayaswal Also directs: Jayaswal Neco Industries Limited, Neco Defence Munitions Private Limited, Neco Defence Atlantis India Private Limited and 5 more | Director | 04 Sep 2008 | 18 Years 1 Months | Current |
Auditor
Neco Ceramics Limited is audited by P. N. Bahri & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. N. Bahri & Co. | FY 2022 | 001091C |
Shareholding
The shareholding of Neco Ceramics 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 Neco Ceramics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2023 | 100835082 | Others | ₹3,200 Cr | Satisfied | |
| 07 Nov 2012 | 10387006 | State Bank of India | ₹5.1 Lakh | Satisfied | |
| 25 Jun 2012 | 10364493 | Others | ₹4,525.86 Cr | Satisfied | |
| 20 Dec 2006 | 10033922 | Allahabad Bank | ₹222.43 Cr | Satisfied | |
| 27 Sep 2006 | 10025579 | Allahabad Bank | ₹30.43 Cr | Satisfied |
To see the full charge records of Neco Ceramics Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Neco Ceramics Limited has 11 court cases on record: 10 filed by Neco Ceramics, 1 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| District courts | 5 | 1 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Ms. Vipras Castings Ltd. Oths. and 2 others | Disposed |
| Bombay High Court | Court case (MCA) | Filed by the company against Steel Authority of India Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against Steel Authority of India Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against Steel Authority of India Ltd | Disposed |
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed by the company against Steel Authority of India Ltd. | Disposed |
To see the full case history of Neco Ceramics 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neco Ceramics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neco Ceramics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN4273H1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neco Ceramics Limited, buy the company report.
Recent activity
Neco Ceramics Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Sanjay Kumar Jayswal ceased to be Director on 31 Mar 2014.
13 earlier events are in the company report.
News
Frequently asked questions
Neco Ceramics is an active public limited company based in Nagpur, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 22 February 1930 (96+ years old) and is registered under CIN U99999MH1930PLC010268.
Neco Ceramics has 3 current directors:
- Basant Lal Shaw - Director
- Avneesh Jayaswal - Director
- Anand Jayaswal - Director
The latest financial statements of Neco Ceramics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neco Ceramics is 27AAACN4273H1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Neco Ceramics is U99999MH1930PLC010268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neco Ceramics has 11 court cases on record: 10 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Neco Ceramics was incorporated on 22 February 1930, making it 96+ years old. It is registered with the Registrar of Companies, Nagpur.
Sanjay Kumar Jayswal ceased to be Director on 31 Mar 2014. Avneesh Jayaswal ceased to be Additional Director on 28 Sep 2012. Avneesh Jayaswal was appointed as Director on 05 Mar 2012. Neco Ceramics has 7 board changes on record in total.
Neco Ceramics can be reached through the website necoindia.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Neco Ceramics is at Bagadganj, Nagpur, Maharashtra, India – 440008.
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