Nethra Engineering Private Limited

Nethra Engineering Private Limited - real estate and construction in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74210TN2003PTC050862 Incorporated 14 May 2003 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company real estate and construction MSME · Small
Data last updated
Revenue · FY 2024
₹11.14 Cr
▼ 50% YoY
Net profit · FY 2024
₹1.89 Cr
Net margin 17%
EBITDA · FY 2024
₹3.5 Cr
EBITDA margin 31.4%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.08 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings

About Nethra Engineering Private Limited

Data last updated:

Nethra Engineering Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 May 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN2003PTC050862. Its GSTIN is 33AADCM9025F1ZP (Tamil Nadu).

The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Radhakrishnan Veeraraghavan and Lavanya Veeraraghavan.

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 2/586 1st Cross Singaravelan Salai Neelangarai, Chennai, Tamil Nadu, India – 600041.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.14 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Cr (net margin 17%) and EBITDA of ₹3.5 Cr (EBITDA margin 31.4%).

As per MCA filings, the company has open charges of ₹4.08 Cr on record.

Nethra Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0188425). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74210TN2003PTC050862
Registration Number 050862
Incorporation Date 14 May 2003
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0188425

Recognitions & Rankings of Nethra Engineering

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0188425

Contact details

Nethra Engineering Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2/586 1st Cross Singaravelan Salai Neelangarai, Chennai, Tamil Nadu, India – 600041
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Nethra Engineering Private Limited, buy the company report.

Comprehensive company report
Nethra Engineering 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 Nethra Engineering is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Nethra Engineering Private Limited, buy the company report.

Financials of Nethra Engineering Private Limited

FY 2024 filings available

Nethra Engineering Private Limited reported revenue of ₹11.14 Cr (down 50% YoY) for FY 2024.

Revenue · FY 2024
₹11.14 Cr ▼ 50%
Net profit · FY 2024
₹1.89 Cr margin 17%
EBITDA · FY 2024
₹3.5 Cr margin 31.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 50%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 65%
5 years · compounded
▲ 41%

Revenue fell 50% in the latest year. EBITDA rose 8% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.89 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin31.4%
Net Profit Margin17%
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

To see the full financial statements and ratios of Nethra Engineering Private Limited, buy the company report.

Board of directors of Nethra Engineering Private Limited

Nethra Engineering has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Radhakrishnan VeeraraghavanDirector14 May 200323 Years 5 MonthsCurrent
Lavanya VeeraraghavanDirector15 Mar 201313 Years 7 MonthsCurrent

Peer comparison

Nethra Engineering Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sohanlal Realty Private Limited₹11.16 Cr (FY 2025)-50.0%Nagpur, Maharashtra, India
S. R. Infraconstruction Private Limited₹11.14 Cr (FY 2023)-48.0%Lucknow, Uttar Pradesh, India
Nethra Engineering Private Limitedthis company₹11.14 Cr (FY 2024)₹1.89 Cr17%-50.0%Chennai, Tamil Nadu, India
D. R. Patel Infrastructure Private Limited₹11.12 Cr (FY 2021)21.0%Vadodara, Gujarat, India
Omstar Constructions Private Limited₹11.12 Cr (FY 2024)56.0%Delhi, India

To see the full peer comparison of Nethra Engineering Private Limited, buy the company report.

Auditor

Nethra Engineering Private Limited is audited by JAGADEESH & KEERTHY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JAGADEESH & KEERTHYFY 2023013761S

Shareholding

The shareholding of Nethra Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Nethra Engineering Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.08 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.00 Cr
Bank of Baroda₹0.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 2024100888772Others₹4 CrOpen
13 Jan 201410475765Bank of Baroda₹8.07 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nethra Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Nethra Engineering has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCM9025F1ZPTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Nethra Engineering Private Limited, buy the company report.

Recent activity

Nethra Engineering Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Ramalinga Reddy Radhakrishnan ceased to be Director on 05 Nov 2013.

AGM
Nethra Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nethra Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100888772 was registered on 28 Feb 2024.
Charges
A charge with Bank Of Baroda amounted to Rs. 8.07 Lakh with Charge ID 10475765 was registered on 13 Jan 2014.
Ceased
Ramalinga Reddy Radhakrishnan ceased to be Director.
Ceased
Lavanya Veeraraghavan ceased to be Additional Director.
Appointed
Lavanya Veeraraghavan was appointed as Director.
Ceased
Subramaniam Senthil Kumar ceased to be Director.
Appointed
Radhakrishnan Veeraraghavan was appointed as Director.
Incorporation
14 May 2003
Nethra Engineering Private Limited was registered on 14 May 2003 with Roc Chennai & aged 23 years 5 months as per MCA records.

Frequently asked questions

Nethra Engineering is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 May 2003 (23+ years old) and is registered under CIN U74210TN2003PTC050862.

Nethra Engineering has 2 current directors:

The latest financial statements of Nethra Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Nethra Engineering is 33AADCM9025F1ZP, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Nethra Engineering is U74210TN2003PTC050862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nethra Engineering was incorporated on 14 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Nethra Engineering by revenue are Sohanlal Realty Private Limited, S. R. Infraconstruction Private Limited, D. R. Patel Infrastructure Private Limited, Omstar Constructions Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).

Ramalinga Reddy Radhakrishnan ceased to be Director on 05 Nov 2013. Lavanya Veeraraghavan ceased to be Additional Director on 30 Sep 2013. Lavanya Veeraraghavan was appointed as Director on 15 Mar 2013. Nethra Engineering has 5 board changes on record in total.

Yes, Nethra Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0188425).

The registered office of Nethra Engineering is at 2586 1st Cross Singaravelan Salai Neelangarai, Chennai, Tamil Nadu, India – 600041.

Nethra Engineering operates in the real estate and construction industry, in the real estate builders and developers segment.