Nector Exports Private Limited
About Nector Exports Private Limited
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Nector Exports Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 06 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15100KA2017PTC104442. Its GSTIN is 34AAFCN6938G1ZA (Puducherry).
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.3 Cr. It is led by directors Kumaraswamy Krishnaswamy and Ganapathi Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.25 2nd Main Muthyalanagar Mes Road Gokula, Bangalore, Karnataka, India – 560054.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.67 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 2.5%) and EBITDA of ₹1.99 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.51 Cr and satisfied charges of ₹12 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.25 2nd Main Muthyalanagar Mes Road Gokula, Bangalore, Karnataka, India – 560054
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
- 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 Nector Exports Private Limited
The main business activity of Nector Exports is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | 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 Nector Exports Private Limited FY 2024 filings available
Nector Exports Private Limited reported revenue of ₹45.67 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nector Exports Private Limited
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 17% 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 Nector Exports 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 | ₹1.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.12 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 Nector Exports Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Nector Exports are in the company report.
Financial statements from FY 2018
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 Nector Exports Private Limited
Nector Exports Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Meat and Fish Processing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pravesh Seafood Private Limited | ₹48.43 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Navi Mumbai, Maharashtra, India |
| Abba Kaba Overseas Private Limited | ₹48.29 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Tangi, Odisha, India |
| Super Seafood Products Private Limited | ₹47.97 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Tuticorin, Tamil Nadu, India |
| Lakshadweep Development Corporation Limited | ₹47.06 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Lakshadweep, India |
| Top-Notch Emprises Private Limited | ₹46.08 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Taliparamba, Kerala, India |
| Nector Exports Private Limited this company | ₹45.67 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Bangalore, Karnataka, India |
| Babymarine Seafood Retail Private Limited | ₹45.13 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Ernakulam, Kerala, India |
| SKR Exports India Private Limited | ₹44.04 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Ratnagiri, Maharashtra, India |
| Al-Tabarak Frozen Foods Private Limited | ₹43.76 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | India, Delhi |
| Nanak Nutritions Food (Taloja) Private Limited | ₹43.6 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Bhayander, Maharashtra, India |
| Star Aqua International Private Limited | ₹41.2 Cr (FY 2016) | •••• | •••• | -30.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Nector Exports by revenue in the Food and Beverages industry (Meat and Fish Processing), 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 Nector Exports Private Limited
Nector Exports Private Limited is audited by S.P.KRISHNAMURTHY& CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.P.KRISHNAMURTHY& 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 Nector Exports Private Limited
Nector Exports has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumaraswamy Krishnaswamy | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Ganapathi Shetty | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Nector Exports 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 Nector Exports Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2021 | Canara Bank | ₹28 Lakh | Open |
| 01 Jul 2020 | Canara Bank | ₹60 Lakh | Open |
| 07 Aug 2018 | Canara Bank | ₹3.63 Cr | Open |
| 04 Feb 2020 | Syndicate Bank | ₹12 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Nector Exports Private Limited
Nector Exports Private Limited has a workforce of 64 employees as of Apr 09, 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 Nector Exports Private Limited
Nector Exports Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Chandra Bhat ceased to be Director on 08 May 2021.
Credit Ratings, Litigation & Regulatory Alerts for Nector Exports 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 Nector Exports 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 Nector Exports 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 Nector Exports Private Limited
Nector Exports has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AAFCN6938G1ZA | Puducherry | Active | 13 Mar 2018 |
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 Nector Exports 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 Nector Exports Private Limited
Nector Exports is an active private limited company based in Bangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 06 July 2017 (9+ years old) and is registered under CIN U15100KA2017PTC104442.
Nector Exports reported revenue of ₹45.67 Cr for FY 2025 (down 24% YoY).
Nector Exports has 2 current directors:
- Kumaraswamy Krishnaswamy - Director
- Ganapathi Shetty - Director
Nector Exports reported a net profit of ₹1.12 Cr (net margin 2.5%) and EBITDA of ₹1.99 Cr (EBITDA margin 4.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nector Exports is -12% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nector Exports is 34AAFCN6938G1ZA, registered in Puducherry.
The CIN (Corporate Identification Number) of Nector Exports is U15100KA2017PTC104442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nector Exports was incorporated on 06 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nector Exports by revenue are Pravesh Seafood Private Limited, Abba Kaba Overseas Private Limited, Super Seafood Products Private Limited, Lakshadweep Development Corporation Limited, Top-Notch Emprises Private Limited and 5 more, all in the Food and Beverages industry (Meat and Fish Processing).
Chandra Bhat ceased to be Director on 08 May 2021. Ganapathi Shetty was appointed as Director on 06 Jul 2017. Kumaraswamy Krishnaswamy was appointed as Director on 06 Jul 2017.
Yes, Nector Exports is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).