MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-OD-19-0005399
Nem Engineering Projects Private Limited - engineering in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹13.27 Cr
▼ 70% YoY
Net loss · FY 2021
₹2.34 Cr
Net margin -17.6%
EBITDA · FY 2021
₹33.16 Lakh
EBITDA margin 2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹16.85 Cr
Satisfied ₹12.94 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
200
Provident fund records
About Nem Engineering Projects Private Limited
Data last updated:
Nem Engineering Projects Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the engineering sector. It was incorporated on 03 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74210AP2007PTC055762. Its GSTIN is 37AACCN6245K1Z6 (Andhra Pradesh). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Madasamy Murugan (Managing Director) and Rekha Thevar Murugan.
Its last annual general meeting (AGM) was held on 14 February 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Door No – 3 – 89/18 Flat No – 502 Fourth Floor Seetha Ramaiah Plaza Yendada Village, Visakhapatnam, Andhra Pradesh, India – 530045.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.27 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹2.34 Cr (net margin -17.6%) and EBITDA of ₹33.16 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 11% over five years.
The company has about 200 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.85 Cr and satisfied charges of ₹12.94 Cr on record. Court records list 42 cases involving the company, including 11 filed by the company and 31 filed against it; 17 cases are pending.
Nem Engineering Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0005399). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nemprojects.com.
Company details
CIN U74210AP2007PTC055762
Registration Number 055762
Incorporation Date 03 October 2007
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 February 2022
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-19-0005399
Key People
Madasamy Murugan Managing Director Madhan Murugan Additional Director Rekha Thevar Murugan Director Recognitions & Rankings of Nem Engineering Projects
Contact details
Nem Engineering Projects Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is nemprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No – 3 – 89/18 Flat No – 502 Fourth Floor Seetha Ramaiah Plaza Yendada Village, Visakhapatnam, Andhra Pradesh, India – 530045
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Nem Engineering Projects Private Limited, buy the company report.
Comprehensive company report
Nem Engineering Projects 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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Business activity
The main business activity of Nem Engineering Projects is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Nem Engineering Projects Private Limited, buy the company report.
Financials of Nem Engineering Projects Private Limited
FY 2021 filings availableNem Engineering Projects Private Limited reported revenue of ₹13.27 Cr (down 70% YoY) for FY 2021.
Revenue · FY 2021
₹13.27 Cr ▼ 70%
Net loss · FY 2021
₹2.34 Cr margin -17.6%
EBITDA · FY 2021
₹33.16 Lakh margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 34%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▲ 118%
3 years · compounded
▼ 63%
5 years · compounded
▼ 34%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 70% fall in the latest year. EBITDA rose 118% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.27 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹33.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.34 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | -17.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nem Engineering Projects Private Limited, buy the company report.
Board of directors of Nem Engineering Projects Private Limited
Nem Engineering Projects has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madasamy Murugan Also directs: Aarbee Odisha Works Private Limited | Managing Director | 03 Oct 2007 | 19 Years 0 Months | Current |
| Madhan Murugan | Additional Director | 27 Mar 2018 | 8 Years 6 Months | Current |
| Rekha Thevar Murugan Also directs: Aarbee Odisha Works Private Limited | Director | 01 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Nem Engineering Projects Private Limited is audited by D M RAO & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M RAO & CO | FY 2021 | 006995S |
Shareholding
The shareholding of Nem Engineering Projects Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nem Engineering Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.85 Cr
Satisfied charges
₹12.94 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2019 | 100289955 | Axis Bank Limited | ₹6.36 Lakh | Open | |
| 07 Aug 2019 | 100286534 | Axis Bank Limited | ₹7.76 Lakh | Open | |
| 07 Aug 2019 | 100286547 | Axis Bank Limited | ₹7.08 Lakh | Open | |
| 31 Jul 2019 | 100280301 | Tata Capital Financial Services Limited | ₹51 Lakh | Open | |
| 24 Jul 2019 | 100284155 | Others | ₹7.53 Cr | Open |
To see the full charge records of Nem Engineering Projects Private Limited, buy the company report.
Total charge records: 34 View all charges
Legal cases
Nem Engineering Projects Private Limited has 42 court cases on record: 11 filed by Nem Engineering Projects, 31 filed against it. 17 cases are pending and 25 are disposed.
Total cases
42
Filed by the company
11
Filed against the company
31
Pending
17
Disposed
25
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 23 | 15 |
| High courts | 16 | 6 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by HDFC Bank Ltd | Pending |
| High Court, West Bengal | Arbitration matter | Filed against the company by Rashmi Seamless Limited | Pending |
| High Court, West Bengal | Arbitration matter | Filed against the company by Rashmi Metaliks Limited | Pending |
| High Court, ORISSA | Writ petition | Filed against the company by Indusind Bank Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Indusind Bank Ltd., Rep. by Its Ao Mr. Vivek Arayakat | Disposed |
To see the full case history of Nem Engineering Projects 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.
Credit ratings & regulatory alerts
Nem Engineering Projects Private Limited was last rated by Crisil on 21 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Apr 2020 |
To see the full credit ratings and regulatory alerts of Nem Engineering Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nem Engineering Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nem Engineering Projects Private Limited has a workforce of 200 employees on its EPFO records as of Mar 30, 2024, across 3 active EPFO establishments.
Employee count
200
Active EPFO establishments
3
Employee growth
-2.44%
GST
Nem Engineering Projects has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCN6245K1Z6 | Andhra Pradesh | Active | 01 Jul 2017 |
| 21AACCN6245K1ZJ | Odisha | Active | 01 Jul 2017 |
| 24AACCN6245K1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nem Engineering Projects Private Limited, buy the company report.
Recent activity
Nem Engineering Projects Private Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Madhan Murugan was appointed as Additional Director on 27 Mar 2018.
AGM
Nem Engineering Projects Private Limited last Annual general meeting of members was held on 14 Feb 2022 as per latest MCA records.
Filing
Nem Engineering Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.
Charges
A charge with Others of Rs. 753.39 Lakh registered on 24 Jul 2019 with Charge ID 100284155 was modified on 26 Jun 2020.
Charges
A charge registered on 20 Jul 2013 via Charge ID 10441527 with Axis Bank Limited was fully satisfied on 17 Sep 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 6.36 Lakh with Charge ID 100289955 was registered on 05 Sep 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.76 Lakh with Charge ID 100286534 was registered on 07 Aug 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.08 Lakh with Charge ID 100286547 was registered on 07 Aug 2019.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 51.00 Lakh with Charge ID 100280301 was registered on 31 Jul 2019.
Charges
A charge with Others amounted to Rs. 753.39 Lakh with Charge ID 100284155 was registered on 24 Jul 2019.
Charges
A charge with Others amounted to Rs. 73.00 Lakh with Charge ID 100244432 was registered on 25 Feb 2019.
Charges
A charge registered on 15 Nov 2016 via Charge ID 100065348 with Others was fully satisfied on 31 Oct 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.69 Lakh with Charge ID 100210155 was registered on 07 Aug 2018.
46 earlier events are in the company report.
Frequently asked questions
Nem Engineering Projects is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in the engineering industry. It was incorporated on 03 October 2007 (19+ years old) and is registered under CIN U74210AP2007PTC055762.
Nem Engineering Projects has 3 current directors:
- Madasamy Murugan - Managing Director
- Madhan Murugan - Additional Director
- Rekha Thevar Murugan - Director
The latest financial statements of Nem Engineering Projects on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 14 February 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Nem Engineering Projects is 37AACCN6245K1Z6, registered in Andhra Pradesh. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 21AACCN6245K1ZJ (Odisha), 24AACCN6245K1ZD (Gujarat).
The CIN (Corporate Identification Number) of Nem Engineering Projects is U74210AP2007PTC055762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nem Engineering Projects has 42 court cases on record: 11 filed by the company and 31 filed against it. 17 are pending. Most are in the district courts.
Nem Engineering Projects was incorporated on 03 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Vijayawada.
Madhan Murugan was appointed as Additional Director on 27 Mar 2018. Rekha Thevar Murugan ceased to be Additional Director on 30 Sep 2015. Chenakotte Poulose Elias ceased to be Director on 09 Jan 2015. Nem Engineering Projects has 8 board changes on record in total.
Yes, Nem Engineering Projects is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0005399).
Nem Engineering Projects can be reached through the website nemprojects.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.