Needlite Automation Private Limited
About Needlite Automation Private Limited
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Needlite Automation Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the home appliances segment of the electronics sector. It was incorporated on 21 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U29309MH2019PTC329544.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Likhit Gangadhar Tapre and Neeraj Dnyaneshwar Darwai.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No 61 Janki Nagar Manewada Road, Nagpur, Maharashtra, India – 440034.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.06 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹12,594 (net margin 6.1%) and EBITDA of ₹12,594 (EBITDA margin 6.1%).
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- Registered AddressPlot No 61 Janki Nagar Manewada Road, Nagpur, Maharashtra, India – 440034
- IndustryElectrnoics, Home Appliance, 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 Needlite Automation Private Limited
The main business activity of Needlite Automation is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Needlite Automation Private Limited FY 2022 filings available
Needlite Automation Private Limited reported revenue of ₹2.06 Lakh (up 14% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Needlite Automation Private Limited
Revenue rose 14% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Needlite Automation Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.06 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹12,594 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12,594 | •••• | •••• |
| 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 Needlite Automation Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.1% | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• |
| 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 Needlite Automation are in the company report.
Financial statements from FY 2020
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 Needlite Automation Private Limited
Needlite Automation Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Automation). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uncease Automation Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Dee Kay Design Automation Private Limited | •••• | •••• | •••• | •••• | - | Sadatpur Ext, Delhi, India |
| Savvy Automation and Controls India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| TSK Engineering & Automation Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Dinetic Automation & Control Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Needlite Automation Private Limited this company | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| KF Automation (I) Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Sakshi Automation Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Metalmind Automation and Manufacturing Solution Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Automation and Analytical Solutions (India) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Larkspur Power and Automation Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Needlite Automation by revenue in the Engineering industry (Automation), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Needlite Automation Private Limited
Needlite Automation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Likhit Gangadhar Tapre Also directs: Virat Construction and Realtors LLP | Director | 21 Aug 2019 | 7 Years 1 Months | Current |
| Neeraj Dnyaneshwar Darwai Also directs: Navyoni Technologies Private Limited | Director | 21 Aug 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Needlite Automation 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 Needlite Automation Private Limited
Needlite Automation Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Needlite Automation Private Limited
Employment history and EPFO contributions of people linked to Needlite Automation.
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 Needlite Automation Private Limited
Needlite Automation Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Likhit Gangadhar Tapre was appointed as Director on 21 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Needlite Automation 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 Needlite Automation 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 Needlite Automation 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 Needlite Automation Private Limited
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 Needlite Automation 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 Needlite Automation Private Limited
Needlite Automation is an active private limited company based in Nagpur, Maharashtra, India. The company works in home appliance, within the electronics industry. It was incorporated on 21 August 2019 (7+ years old) and is registered under CIN U29309MH2019PTC329544.
Needlite Automation reported revenue of ₹2.06 Lakh for FY 2022 (up 14% YoY).
Needlite Automation has 2 current directors:
- Likhit Gangadhar Tapre - Director
- Neeraj Dnyaneshwar Darwai - Director
Needlite Automation reported a net profit of ₹12,594 (net margin 6.1%) and EBITDA of ₹12,594 (EBITDA margin 6.1%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Needlite Automation is U29309MH2019PTC329544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Needlite Automation was incorporated on 21 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Needlite Automation by revenue are Uncease Automation Private Limited, Dee Kay Design Automation Private Limited, Savvy Automation and Controls India Private Limited, TSK Engineering & Automation Solutions Private Limited, Dinetic Automation & Control Private Limited and 5 more, all in the Engineering industry (Automation).
Likhit Gangadhar Tapre was appointed as Director on 21 Aug 2019. Neeraj Dnyaneshwar Darwai was appointed as Director on 21 Aug 2019.
Yes, Needlite Automation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Needlite Automation is at Plot No 61 Janki Nagar Manewada Road, Nagpur, Maharashtra, India – 440034.
Needlite Automation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.