MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0132893
Neel Industrial Systems Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.35 Cr
▲ 38% YoY
Net profit · FY 2025
₹6.63 Lakh
Net margin 2.8%
EBITDA · FY 2025
₹7.05 Lakh
EBITDA margin 3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Company age
36 yrs
Est. 1990
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
About Neel Industrial Systems Private Limited
Data last updated:
Neel Industrial Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 15 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH1990PTC055035. Its GSTIN is 27AAACN1342H1ZS (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors Manjula Gamanlal Mehta and Ravindra Gamanlal Mehta.
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 402 Saphire Arcade4Th Fl 42 M G Road Rajawadi Ghatkopar (E), Mumbai, Maharashtra, India – 400077.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.35 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹6.63 Lakh (net margin 2.8%) and EBITDA of ₹7.05 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neel Industrial Systems. Court records list 8 cases involving the company, including 8 filed against it; 2 cases are pending.
Neel Industrial Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0132893). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neel.in.
Company details
CIN U31909MH1990PTC055035
Registration Number 055035
Incorporation Date 15 January 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0132893
Recognitions & Rankings of Neel Industrial Systems
Contact details
Neel Industrial Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is neel.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address402 Saphire Arcade4Th Fl 42 M G Road Rajawadi Ghatkopar (E), Mumbai, Maharashtra, India – 400077
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Neel Industrial Systems Private Limited, buy the company report.
Comprehensive company report
Neel Industrial Systems Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Neel Industrial Systems operates one associated brand: Neel Industrial Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power quality solutions and products for manufacturing and electronics sectors. | neel.in |
Business activity
The main business activity of Neel Industrial Systems 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 Neel Industrial Systems Private Limited, buy the company report.
Financials of Neel Industrial Systems Private Limited
FY 2025 filings availableNeel Industrial Systems Private Limited reported revenue of ₹2.35 Cr (up 38% YoY) for FY 2025.
Revenue · FY 2025
₹2.35 Cr ▲ 38%
Net profit · FY 2025
₹6.63 Lakh margin 2.8%
EBITDA · FY 2025
₹7.05 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 7%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 34%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 38% growth in the latest year. EBITDA fell 30% 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 |
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| Total Expenses | |||||
| EBITDA | ₹7.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.63 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Neel Industrial Systems Private Limited, buy the company report.
Board of directors of Neel Industrial Systems Private Limited
Neel Industrial Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjula Gamanlal Mehta | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
| Ravindra Gamanlal Mehta Also directs: Neel Controls Private Limited, Neel Poweret Private Limited | Director | 15 Jan 1990 | 36 Years 9 Months | Current |
Peer comparison
Neel Industrial Systems Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| R.K. Tradelectricals Private Limited | ₹2.36 Cr (FY 2023) | -84.0% | Kanpur, Uttar Pradesh, India | |||
| Citadel Controls Private Limited | ₹2.36 Cr (FY 2024) | -28.0% | Chennai, Tamil Nadu, India | |||
| Incell Technologies Private Limited | ₹2.36 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Neel Industrial Systems Private Limitedthis company | ₹2.35 Cr (FY 2025) | ₹6.63 Lakh | 2.8% | 38.0% | 2 | Mumbai, Maharashtra, India |
| Yoshin Sales India Private Limited | ₹2.35 Cr (FY 2024) | -53.0% | Chennai, Tamil Nadu, India | |||
| Cosmic Electric and Trading Co Pvt Ltd | ₹2.34 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Neel Industrial Systems Private Limited, buy the company report.
Auditor
Neel Industrial Systems Private Limited is audited by SHAH MODI KATUDIA & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH MODI KATUDIA & CO LLP | FY 2018 | W100214 |
Shareholding
The shareholding of Neel Industrial Systems Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Neel Industrial Systems Private Limited, buy the company report.
Legal cases
Neel Industrial Systems Private Limited has 8 court cases on record: 8 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed against the company
8
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 1 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company | Disposed |
To see the full case history of Neel Industrial Systems Private 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 Neel Industrial Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neel Industrial Systems Private Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-33.33%
GST
Neel Industrial Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1342H1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neel Industrial Systems Private Limited, buy the company report.
Recent activity
Neel Industrial Systems Private Limited has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Harit Ravindra Mehta ceased to be Director on 10 Dec 2024.
AGM
Neel Industrial Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neel Industrial Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Harit Ravindra Mehta ceased to be Director.
Appointed
Manjula Gamanlal Mehta was appointed as Director.
Ceased
Gamanlal Vithaldas Mehta ceased to be Director.
Appointed
Ravindra Gamanlal Mehta was appointed as Director.
Incorporation
15 Jan 1990
Neel Industrial Systems Private Limited was registered on 15 Jan 1990 with Roc Mumbai I & aged 36 years 9 months as per MCA records.
Frequently asked questions
Neel Industrial Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 15 January 1990 (36+ years old) and is registered under CIN U31909MH1990PTC055035.
Neel Industrial Systems has 2 current directors:
- Manjula Gamanlal Mehta - Director
- Ravindra Gamanlal Mehta - Director
The latest financial statements of Neel Industrial Systems 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 2015 are in the company report.
The GSTIN of Neel Industrial Systems is 27AAACN1342H1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neel Industrial Systems is U31909MH1990PTC055035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neel Industrial Systems has 8 court cases on record: 8 filed against it. 2 are pending. Most are in the high courts.
Neel Industrial Systems was incorporated on 15 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neel Industrial Systems by revenue are R.K. Tradelectricals Private Limited, Citadel Controls Private Limited, Incell Technologies Private Limited, Yoshin Sales India Private Limited, Cosmic Electric and Trading Co Pvt Ltd, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Harit Ravindra Mehta ceased to be Director on 10 Dec 2024. Manjula Gamanlal Mehta was appointed as Director on 13 Nov 2018. Gamanlal Vithaldas Mehta ceased to be Director on 30 Jun 2011. Neel Industrial Systems has 4 board changes on record in total.
Yes, Neel Industrial Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0132893).
Neel Industrial Systems can be reached through the website neel.in. Its registered office is in Mumbai, Maharashtra, India.