DPIIT recognised startup Government of India
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Next Defence Private Limited - aerospace, maritime and defense in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.82 Cr
▲ 310% YoY
Net profit · FY 2024
₹31.35 Lakh
Net margin 11.1%
EBITDA · FY 2024
₹62.64 Lakh
EBITDA margin 22.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.97 Cr
Issued & subscribed
Open charges
₹6 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
7
Provident fund records
About Next Defence Private Limited
Data last updated:
Next Defence Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 20 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29300KA2021PTC153279. Its GSTIN is 29AAHCN8729P1ZF (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.97 Cr. It is led by directors Coimbatore Raghavendra Shashidhar (Managing Director) and Ravi Ramesh Machani.
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 No. 375 Room No. C 13th Main Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.35 Lakh (net margin 11.1%) and EBITDA of ₹62.64 Lakh (EBITDA margin 22.2%).
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6 Cr on record.
Next Defence Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0149604). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextdefence.com.
Company details
CIN U29300KA2021PTC153279
Registration Number 153279
Incorporation Date 20 October 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0149604
Recognitions & Rankings of Next Defence
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0149604
Contact details
Next Defence Private Limited's registered office is in Bangalore, Karnataka. Its website is nextdefence.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 375 Room No. C 13th Main Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Next Defence Private Limited, buy the company report.
Comprehensive company report
Next Defence 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Next Defence is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Next Defence Private Limited, buy the company report.
Financials of Next Defence Private Limited
FY 2025 filings availableNext Defence Private Limited reported revenue of ₹2.82 Cr (up 310% YoY) for FY 2024.
Revenue · FY 2024
₹2.82 Cr ▲ 310%
Net profit · FY 2024
₹31.35 Lakh margin 11.1%
EBITDA · FY 2024
₹62.64 Lakh margin 22.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 310%
EBITDA CAGR growth
1 year
▲ 477%
Revenue rose 310% in the latest year. EBITDA rose 477% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹62.64 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹31.35 Lakh | ||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 22.2% | ||
| Net Profit Margin | 11.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| 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 Next Defence Private Limited, buy the company report.
Board of directors of Next Defence Private Limited
Next Defence 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 |
|---|---|---|---|---|
| Coimbatore Raghavendra Shashidhar | Managing Director | 20 Oct 2021 | 5 Years 0 Months | Current |
| Ravi Ramesh Machani | Director | 28 Dec 2022 | 3 Years 9 Months | Current |
Auditor
Next Defence Private Limited is audited by Suresh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh & Co. | FY 2023 | 004255S |
Charges & borrowings
Open charges
₹6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2024 | 100856154 | Others | ₹6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Next Defence 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 Next Defence Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Next Defence has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCN8729P1ZF | Karnataka | Active | 05 Jan 2022 |
To see the full GST registrations and return filing status of Next Defence Private Limited, buy the company report.
Recent activity
Next Defence Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Ishwar Subramanian ceased to be Director on 21 May 2024.
AGM
Next Defence Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Next Defence Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ishwar Subramanian ceased to be Director.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100856154 was registered on 03 Jan 2024.
Ceased
Ravi Ramesh Machani ceased to be Additional Director.
Appointed
Ravi Ramesh Machani was appointed as Director.
Appointed
Coimbatore Raghavendra Shashidhar was appointed as Managing Director.
Incorporation
20 Oct 2021
Next Defence Private Limited was registered on 20 Oct 2021 with Roc Bangalore & aged 5 years 2 days as per MCA records.
Frequently asked questions
Next Defence is an active private limited company based in Bangalore, Karnataka, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 20 October 2021 (5+ years old) and is registered under CIN U29300KA2021PTC153279.
Next Defence has 2 current directors:
- Coimbatore Raghavendra Shashidhar - Managing Director
- Ravi Ramesh Machani - Director
The latest financial statements of Next Defence 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 FY 2022 are in the company report.
The GSTIN of Next Defence is 29AAHCN8729P1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Next Defence is U29300KA2021PTC153279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Next Defence was incorporated on 20 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Ishwar Subramanian ceased to be Director on 21 May 2024. Ravi Ramesh Machani ceased to be Additional Director on 18 Sep 2023. Ravi Ramesh Machani was appointed as Director on 28 Dec 2022. Next Defence has 4 board changes on record in total.
Yes, Next Defence is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Next Defence is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0149604).
Next Defence can be reached through the website nextdefence.com. Its registered office is in Bangalore, Karnataka, India.