About Next Track Engineering Private Limited
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Next Track Engineering Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 17 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2018PTC318408. Its GSTIN is 27AAGCN3287R1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Nextrack Engineering Private Limited. It is led by directors Ambili Madhu Nair and Aishwarya Nair.
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 M/S Nandakishor Steel Tubes P.No.C – 10 MIDC, Nagpur, Maharashtra, India – 440014.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.14 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Cr (net margin 8.1%) and EBITDA of ₹1.78 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.89 Cr on record.
For more details, the company can be reached via its website nextrack.in.
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- TelephoneLocked
- Website
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- Registered AddressM/S Nandakishor Steel Tubes P.No.C – 10 MIDC, Nagpur, Maharashtra, India – 440014
- IndustryEngineering, Engineering Design & Consultancy
- 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
- One PDF report, delivered after checkout
Business Activity of Next Track Engineering Private Limited
The main business activity of Next Track Engineering is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Next Track Engineering Private Limited FY 2025 filings available
Next Track Engineering Private Limited reported revenue of ₹15.14 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Next Track Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 68% over three years, including 13% growth in the latest year. EBITDA rose 13% 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 of Next Track Engineering Private Limited
| 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 | ₹1.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.23 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 of Next Track Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Next Track Engineering are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Next Track Engineering Private Limited
Next Track Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Engineering Design, Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chitra Machineries Private Limited | ₹15.2 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| Qualitas Ae Services Private Limited | ₹15.17 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Kolkata, West Bengal, India |
| BLSX Limited | ₹15.17 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Hyderabad, Telangana, India |
| Poly Chem Process Equipments Private Limited | ₹15.16 Cr (FY 2024) | •••• | •••• | 192.0% | •••• | Kalyan, Maharashtra, India |
| Dukes Engineers India Private Limited | ₹15.15 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Next Track Engineering Private Limited this company | ₹15.14 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Nagpur, Maharashtra, India |
| Wewin Finishing Equipments Private Limited | ₹15.13 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Kakkalur, Tamil Nadu, India |
| Abhisaar Infrastructure Private Limited | ₹15.13 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Delhi, India |
| Fpi India Private Limited | ₹15.12 Cr (FY 2023) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Mercantile and Industrial Development Co Limited | ₹15.11 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| The Oxygen Equipment & Engineering Company Private Limited | ₹15.1 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Telangana, India |
Peers are the five companies nearest above and the five nearest below Next Track Engineering by revenue in the Machinery and Equipment industry (Engineering Design, Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Next Track Engineering Private Limited
Next Track Engineering Private Limited is audited by JAGDISH KHATRI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGDISH KHATRI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Next Track Engineering Private Limited
Next Track Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambili Madhu Nair | Director | 17 May 2019 | 7 Years 4 Months | Current |
| Aishwarya Nair | Director | 17 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Next Track Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Next Track Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2025 | Others | ₹2.75 Cr | Open |
| 16 Aug 2024 | Others | ₹48,000 | Open |
| 22 Jul 2024 | Others | ₹52,752 | Open |
| 16 Jul 2024 | Others | ₹12.77 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Next Track Engineering Private Limited
Next Track Engineering Private Limited has a workforce of 28 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Next Track Engineering Private Limited
Next Track Engineering Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Ambili Madhu Nair ceased to be Additional Director on 18 Oct 2019.
Credit Ratings, Litigation & Regulatory Alerts for Next Track Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Next Track Engineering Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Next Track Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Next Track Engineering Private Limited
Next Track Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN3287R1ZL | Maharashtra | Active | 15 Feb 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Next Track Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Next Track Engineering Private Limited
Next Track Engineering is an active private limited company based in Nagpur, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 17 December 2018 (8+ years old) and is registered under CIN U74994MH2018PTC318408.
Next Track Engineering reported revenue of ₹15.14 Cr for FY 2024 (up 13% YoY).
Next Track Engineering has 2 current directors:
- Ambili Madhu Nair - Director
- Aishwarya Nair - Director
Next Track Engineering reported a net profit of ₹1.23 Cr (net margin 8.1%) and EBITDA of ₹1.78 Cr (EBITDA margin 11.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Next Track Engineering is 68% over three years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Next Track Engineering is 27AAGCN3287R1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Next Track Engineering is U74994MH2018PTC318408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Next Track Engineering was incorporated on 17 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Next Track Engineering by revenue are Chitra Machineries Private Limited, Qualitas Ae Services Private Limited, BLSX Limited, Poly Chem Process Equipments Private Limited, Dukes Engineers India Private Limited and 5 more, all in the Machinery and Equipment industry (Engineering Design, Industrial Products Manufacturers).
Ambili Madhu Nair ceased to be Additional Director on 18 Oct 2019. Ambili Madhu Nair was appointed as Director on 17 May 2019. Sandip Madhu Nair ceased to be Director on 17 May 2019. Next Track Engineering has 4 board changes on record in total.
Yes, Next Track Engineering is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).