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Startup India
Nexilis Electronics India Private Limited - information technology in Doddaballapura, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.49 Cr
▲ 10% YoY
Net profit · FY 2024
₹77,217
Net margin 0.3%
EBITDA · FY 2024
₹32.91 Lakh
EBITDA margin 13.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.13 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Nexilis Electronics India Private Limited
Data last updated:
Nexilis Electronics India Private Limited is a private limited company based in Doddaballapura, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2018PTC110922. Its GSTIN is 29AAFCN9737P1ZF (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sharath Krishna Shetty (Managing Director) and Akanksha Vitthal 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 23 Ditpl Industrial Area Bashettihalli Doddaballapur Taluk, Doddaballapura, Karnataka, India – 561203.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.49 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹77,217 (net margin 0.3%) and EBITDA of ₹32.91 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹2.13 Cr on record.
Nexilis Electronics India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0019939). For more details, the company can be reached via its website nexilis.in.
Company details
CIN U31909KA2018PTC110922
Registration Number 110922
Incorporation Date 09 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0019939
Key People
Sharath Krishna Shetty Managing Director Akanksha Vitthal Shetty Director Jaideep Ramesh Save Director Recognitions & Rankings of Nexilis Electronics India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-02-0019939
Contact details
Nexilis Electronics India Private Limited's registered office is in Doddaballapura, Karnataka. Its website is nexilis.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 23 Ditpl Industrial Area Bashettihalli Doddaballapur Taluk, Doddaballapura, Karnataka, India – 561203
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Nexilis Electronics India Private Limited, buy the company report.
Comprehensive company report
Nexilis Electronics India 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 Nexilis Electronics India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Nexilis Electronics India Private Limited, buy the company report.
Financials of Nexilis Electronics India Private Limited
FY 2024 filings availableNexilis Electronics India Private Limited reported revenue of ₹2.49 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹2.49 Cr ▲ 10%
Net profit · FY 2024
₹77,217 margin 0.3%
EBITDA · FY 2024
₹32.91 Lakh margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 17%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 37%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 10% growth in the latest year. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹32.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77,217 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Nexilis Electronics India Private Limited, buy the company report.
Board of directors of Nexilis Electronics India Private Limited
Nexilis Electronics India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akanksha Vitthal Shetty | Director | 04 Jan 2019 | 7 Years 10 Months | Current |
| Jaideep Ramesh Save | Director | 20 Jan 2025 | 1 Years 9 Months | Current |
| Sharath Krishna Shetty Also directs: Eigenstate Innovations Private Limited | Managing Director | 09 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Nexilis Electronics India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Artha Electronics and Solutions (OPC) Private Limited | ₹2.5 Cr (FY 2025) | -39.0% | Bangalore, Karnataka, India | |||
| Nexilis Electronics India Private Limitedthis company | ₹2.49 Cr (FY 2024) | ₹77,217 | 0.3% | 10.0% | Doddaballapura, Karnataka, India | |
| Dataking Electronics Private Limited | ₹2.48 Cr (FY 2018) | 107.0% | Noida, Uttar Pradesh, India | |||
| Falcon Control Systems and Automation Private Limited | ₹2.48 Cr (FY 2024) | 294.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nexilis Electronics India Private Limited, buy the company report.
Auditor
Nexilis Electronics India Private Limited is audited by DAULATH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAULATH & CO | FY 2023 | 239061 |
Shareholding
The shareholding of Nexilis Electronics India Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nexilis Electronics India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2018 | 100168732 | Others | ₹2.13 Cr | Open |
To see the full charge records of Nexilis Electronics India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nexilis Electronics India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nexilis Electronics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nexilis Electronics India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN9737P1ZF | Karnataka | Active | 13 Apr 2018 |
To see the full GST registrations and return filing status of Nexilis Electronics India Private Limited, buy the company report.
Recent activity
Nexilis Electronics India Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Jaideep Ramesh Save was appointed as Director on 20 Jan 2025.
Appointed
Jaideep Ramesh Save was appointed as Director.
AGM
Nexilis Electronics India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nexilis Electronics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others of Rs. 212.86 Lakh registered on 31 Mar 2018 with Charge ID 100168732 was modified on 17 Dec 2022.
Ceased
Mohammed Fardeen ceased to be Director.
Appointed
Akanksha Vitthal Shetty was appointed as Director.
Charges
A charge with Others amounted to Rs. 212.86 Lakh with Charge ID 100168732 was registered on 31 Mar 2018.
Appointed
Sharath Krishna Shetty was appointed as Managing Director.
Incorporation
09 Mar 2018
Nexilis Electronics India Private Limited was registered on 09 Mar 2018 with Roc Bangalore & aged 8 years 8 months as per MCA records.
Frequently asked questions
Nexilis Electronics India is an active private limited company based in Doddaballapura, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 March 2018 (8+ years old) and is registered under CIN U31909KA2018PTC110922.
Nexilis Electronics India has 3 current directors:
- Sharath Krishna Shetty - Managing Director
- Akanksha Vitthal Shetty - Director
- Jaideep Ramesh Save - Director
The latest financial statements of Nexilis Electronics India 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 FY 2018 are in the company report.
The GSTIN of Nexilis Electronics India is 29AAFCN9737P1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Nexilis Electronics India is U31909KA2018PTC110922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexilis Electronics India was incorporated on 09 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nexilis Electronics India by revenue are Artha Electronics and Solutions (OPC) Private Limited, Dataking Electronics Private Limited, Falcon Control Systems and Automation Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Jaideep Ramesh Save was appointed as Director on 20 Jan 2025. Mohammed Fardeen ceased to be Director on 28 Jan 2019. Akanksha Vitthal Shetty was appointed as Director on 04 Jan 2019. Nexilis Electronics India has 4 board changes on record in total.
Yes, Nexilis Electronics India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nexilis Electronics India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0019939).
Nexilis Electronics India can be reached through the website nexilis.in. Its registered office is in Doddaballapura, Karnataka, India.
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