MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0199136
Nexsales Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.62 Cr
▼ 6% YoY
Net loss · FY 2025
₹1.63 Cr
Net margin -9.2%
EBITDA · FY 2025
-₹1.41 Cr
EBITDA margin -8%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹35.5 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
50
Provident fund records
Directors on board
4
As per MCA filings
About Nexsales Solutions Private Limited
Data last updated:
Nexsales Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC181616. Its GSTIN is 27AACCN7475P1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹35.5 Lakh. It is led by directors including Madhukumar Harilal Shah and Jay Kamdar.
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 211 Wadala Udyog Bhavan Naigaum Cross Road Wadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.62 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.63 Cr (net margin -9.2%) and EBITDA of -₹1.41 Cr (EBITDA margin -8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nexsales.
Nexsales Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0199136). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nexsales.com.
Company details
CIN U72900MH2008PTC181616
Registration Number 181616
Incorporation Date 25 April 2008
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 MSME
Udyam Registration UDYAM-MH-19-0199136
Recognitions & Rankings of Nexsales Solutions
Contact details
Nexsales Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is nexsales.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address211 Wadala Udyog Bhavan Naigaum Cross Road Wadala, Mumbai, Maharashtra, India – 400031
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nexsales Solutions Private Limited, buy the company report.
Comprehensive company report
Nexsales Solutions 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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Brands
Nexsales Solutions operates one associated brand: Nexsales. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lead generation tools for SDRs are provided by Nexsales. | nexsales.com |
Business activity
The main business activity of Nexsales Solutions is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Nexsales Solutions Private Limited, buy the company report.
Financials of Nexsales Solutions Private Limited
FY 2025 filings availableNexsales Solutions Private Limited reported revenue of ₹17.62 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹17.62 Cr ▼ 6%
Net loss · FY 2025
₹1.63 Cr margin -9.2%
EBITDA · FY 2025
-₹1.41 Cr margin -8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 6%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 164%
3 years · compounded
▼ 35%
5 years · compounded
▼ 27%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 164% 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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| EBITDA | -₹1.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.63 Cr | ||||
| 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 | -8% | ||||
| Net Profit Margin | -9.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Nexsales Solutions Private Limited, buy the company report.
Board of directors of Nexsales Solutions Private Limited
Nexsales Solutions has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhukumar Harilal Shah | Director | 25 Apr 2008 | 18 Years 6 Months | Current |
| Jay Kamdar | Director | 01 Aug 2008 | 18 Years 2 Months | Current |
| Milap Madhukumar Shah Also directs: Sahajlabh Software Services LLP, Delta PD Pumps Private Limited | Director | 01 Aug 2008 | 18 Years 2 Months | Current |
| Bhavesh Rameshchandra Talsania Also directs: Agraeta Technik Private Limited, Swabhav Mindraga Private Limited, Swabhav Techlabs Solutions Private Limited and 1 more | Director | 22 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Nexsales Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (advertising and market research), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lit Talent Private Limited | ₹17.85 Cr (FY 2025) | 69.0% | Mumbai, Maharashtra, India | |||
| Udan Media and Communications Private Limited | ₹17.81 Cr (FY 2025) | 3.0% | Ludhiana, Punjab, India | |||
| Hybrid Adtech Private Limited | ₹17.68 Cr (FY 2025) | 58.0% | Mumbai, Maharashtra, India | |||
| Sense Digital Media Private Limited | ₹17.66 Cr (FY 2025) | -28.0% | Delhi, India | |||
| Digital Refresh Networks Private Limited | ₹17.62 Cr (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| Nexsales Solutions Private Limitedthis company | ₹17.62 Cr (FY 2025) | -₹1.63 Cr | -9.2% | -6.0% | 50 | Mumbai, Maharashtra, India |
| Klug Tech Private Limited | ₹17.59 Cr (FY 2025) | 361.0% | Ghaziabad, Uttar Pradesh, India | |||
| Neurosensum International India Private Limited | ₹17.57 Cr (FY 2025) | 20.0% | Faridabad, Haryana, India | |||
| Rahane Media Private Limited | ₹17.46 Cr (FY 2024) | 53.0% | Noida, Uttar Pradesh, India | |||
| Asp Olmedia Private Limited | ₹17.43 Cr (FY 2024) | -23.0% | Pune, Maharashtra, India |
To see the full peer comparison of Nexsales Solutions Private Limited, buy the company report.
Auditor
Nexsales Solutions Private Limited is audited by Chaturvedi Sohan & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi Sohan & Co | FY 2023 | 118424W |
Shareholding
The shareholding of Nexsales Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nexsales Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nexsales Solutions 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
Nexsales Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Arrka Infosec Private Limited |
To see the full MSME payment records of Nexsales Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nexsales Solutions Private Limited has a workforce of 50 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
4.17%
GST
Nexsales Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN7475P1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexsales Solutions Private Limited, buy the company report.
Recent activity
Nexsales Solutions Private Limited has 12 board changes on record since 2008: 5 appointments and 7 cessations. The latest: Bhavesh Manilal Chheda was appointed as Alternate Director on 27 Mar 2025.
AGM
Nexsales Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nexsales Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Bhavesh Manilal Chheda was appointed as Alternate Director.
Ceased
Bhavesh Manilal Chheda ceased to be Alternate Director.
Ceased
Russell Arunkumar Mehta ceased to be Director.
Ceased
Hasmukh Dharamshi Gangar ceased to be Alternate Director.
Ceased
Bhavesh Rameshchandra Talsania ceased to be Additional Director.
Appointed
Bhavesh Rameshchandra Talsania was appointed as Director.
Ceased
Sadhana Madhukumar Shah ceased to be Director.
Ceased
Jay Kamdar ceased to be Additional Director.
Ceased
Milap Madhukumar Shah ceased to be Additional Director.
Appointed
Jay Kamdar was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Nexsales Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 April 2008 (18+ years old) and is registered under CIN U72900MH2008PTC181616.
Nexsales Solutions has 4 current directors:
- Madhukumar Harilal Shah - Director
- Jay Kamdar - Director
- Milap Madhukumar Shah - Director
- Bhavesh Rameshchandra Talsania - Director
The latest financial statements of Nexsales Solutions 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 Nexsales Solutions is 27AACCN7475P1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nexsales Solutions is U72900MH2008PTC181616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexsales Solutions was incorporated on 25 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nexsales Solutions by revenue are Lit Talent Private Limited, Udan Media and Communications Private Limited, Hybrid Adtech Private Limited, Sense Digital Media Private Limited, Digital Refresh Networks Private Limited and 4 more, all in the same principal business activity (advertising and market research).
Bhavesh Manilal Chheda was appointed as Alternate Director on 27 Mar 2025. Bhavesh Manilal Chheda ceased to be Alternate Director on 22 Sep 2022. Russell Arunkumar Mehta ceased to be Director on 01 Mar 2018. Nexsales Solutions has 12 board changes on record in total.
Yes, Nexsales Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0199136).
Nexsales Solutions has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Oct 2022.
Nexsales Solutions can be reached through the website nexsales.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nexsales Solutions is at 211 Wadala Udyog Bhavan Naigaum Cross Road Wadala, Mumbai, Maharashtra, India – 400031.
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