About Nectar Projects Private Limited
Data last updated:
Nectar Projects Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2004PTC019945. Its GSTIN is 27AACCN0109N1ZI (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹22.5 Lakh. It is led by directors including Yuvraj Bhaskar Bhirud and Suhas Ramchandra Kadam.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 37 Sangam Complex II 46 Wellesley Road Near Sangam Bridge, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.51 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 12.1%) and EBITDA of ₹1.58 Cr (EBITDA margin 18.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.25 Cr and satisfied charges of ₹4.96 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nectarprojects.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address37 Sangam Complex II 46 Wellesley Road Near Sangam Bridge, Pune, Maharashtra, India – 411001
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Nectar Projects Private Limited
The main business activity of Nectar Projects is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nectar Projects Private Limited FY 2025 filings available
Nectar Projects Private Limited reported revenue of ₹8.51 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nectar Projects Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 50% fall in the latest year. EBITDA fell 56% 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 of Nectar Projects Private Limited
| 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 | ₹1.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.03 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 of Nectar Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nectar Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nectar Projects Private Limited
Nectar Projects Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarush Manufacturing Solutions Private Limited | ₹8.54 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Ranipet, Tamil Nadu, India |
| Hitesh Mechanicals Private Limited | ₹8.54 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Navi Mumbai, Maharashtra, India |
| Progas Systems Private Limited | ₹8.54 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Vasai, Maharashtra, India |
| Aguerri Industries Private Limited | ₹8.53 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| S.M. Pilfer Proof Caps Private Limited | ₹8.52 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Dhampur, Uttar Pradesh, India |
| Nectar Projects Private Limited this company | ₹8.51 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Pune, Maharashtra, India |
| Prihoda India Private Limited | ₹8.5 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Khed, Maharashtra, India |
| Shrimaruti Precision Engineering Private Limited | ₹8.5 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Shri Guru Kripa Engineering Private Limited | ₹8.49 Cr (FY 2022) | •••• | •••• | 28.0% | •••• | Jaipur, Rajasthan, India |
| Pes Spray Tech Private Limited | ₹8.48 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Gurgaon, Haryana, India |
| Fylfot Engineers Pvt Ltd | ₹8.48 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Nectar Projects by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nectar Projects Private Limited
Nectar Projects Private Limited is audited by PRANJAL JOSHI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRANJAL JOSHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nectar Projects Private Limited
Nectar Projects has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yuvraj Bhaskar Bhirud | Director | 16 Dec 2005 | 20 Years 9 Months | Current |
| Suhas Ramchandra Kadam | Director | 17 Nov 2004 | 21 Years 10 Months | Current |
| Shashank Athalye Haribhau | Director | 17 Nov 2004 | 21 Years 10 Months | Current |
Ownership and Shareholding of Nectar Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nectar Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2024 | Hdfc Bank Limited | ₹7.25 Cr | Open |
| 23 Mar 2013 | Bank of Maharashtra | ₹1.5 Cr | Satisfied |
| 26 Nov 2009 | Others | ₹2.8 Cr | Satisfied |
| 27 Nov 2007 | Bank of Maharashtra | ₹45 Lakh | Satisfied |
| 06 Sep 2007 | Hdfc Bank Ltd. | ₹7 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Nectar Projects Private Limited
Nectar Projects Private Limited has a workforce of 10 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nectar Projects Private Limited
Nectar Projects Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Yuvraj Bhaskar Bhirud was appointed as Director on 16 Dec 2005.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nectar Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nectar Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nectar Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nectar Projects Private Limited
Nectar Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN0109N1ZI | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nectar Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nectar Projects Private Limited
Nectar Projects is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 November 2004 (22+ years old) and is registered under CIN U29299PN2004PTC019945.
Nectar Projects reported revenue of ₹8.51 Cr for FY 2025 (down 50% YoY).
Nectar Projects has 3 current directors:
- Yuvraj Bhaskar Bhirud - Director
- Suhas Ramchandra Kadam - Director
- Shashank Athalye Haribhau - Director
Nectar Projects reported a net profit of ₹1.03 Cr (net margin 12.1%) and EBITDA of ₹1.58 Cr (EBITDA margin 18.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nectar Projects is -7% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nectar Projects is 27AACCN0109N1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nectar Projects is U29299PN2004PTC019945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nectar Projects was incorporated on 17 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Nectar Projects by revenue are Aarush Manufacturing Solutions Private Limited, Hitesh Mechanicals Private Limited, Progas Systems Private Limited, Aguerri Industries Private Limited, S.M. Pilfer Proof Caps Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Yuvraj Bhaskar Bhirud was appointed as Director on 16 Dec 2005. Shashank Athalye Haribhau was appointed as Director on 17 Nov 2004. Suhas Ramchandra Kadam was appointed as Director on 17 Nov 2004.
Nectar Projects can be reached through the website nectarprojects.com. Its registered office is in Pune, Maharashtra, India.