MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0025064
Nextfirst Engineering Technologies Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.73 Cr
▼ 1% YoY
Net profit · FY 2025
₹1.94 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹1.16 Cr
EBITDA margin 13.3%
Authorised capital
₹1.3 Cr
Registered with MCA
Paid-up capital
₹1.23 Cr
Issued & subscribed
Open charges
₹5.45 Cr
Satisfied ₹15.25 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
43
Provident fund records
About Nextfirst Engineering Technologies Private Limited
Data last updated:
Nextfirst Engineering Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 09 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31103KA2004PTC034459. Its GSTIN is 29AABCN9699J1ZI (Karnataka).
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.23 Cr. It is led by directors including Veena Radhakrishna (Managing Director) and Jayendran Balasubramanian.
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 355 7th Crosswilson Garden Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.73 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Lakh (net margin 0.2%) and EBITDA of ₹1.16 Cr (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 20% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NextFirst. As per MCA filings, the company has open charges of ₹5.45 Cr and satisfied charges of ₹15.25 Cr on record. Court records list 5 cases involving the company, including 5 filed against it. The company has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹7.87 Cr; the latest was in January 2021. Its 5 peer companies in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Vardhita Engineering Private Limited with revenue of ₹8.86 Cr.
Nextfirst Engineering Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0025064). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextfirst.com.
Company details
CIN U31103KA2004PTC034459
Registration Number 034459
Incorporation Date 09 August 2004
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
MSME Classification Small
Udyam Registration UDYAM-KR-03-0025064
Key People
Veena Radhakrishna Managing Director Jayendran Balasubramanian Director Balasubramanian Mahadevan Director Recognitions & Rankings of Nextfirst Engineering Technologies
Contact details
Nextfirst Engineering Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is nextfirst.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address355 7th Crosswilson Garden Bangalore, Karnataka, India – 560027
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Nextfirst Engineering Technologies Private Limited, buy the company report.
Comprehensive company report
Nextfirst Engineering Technologies 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
Nextfirst Engineering Technologies operates one associated brand: NextFirst. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customized automation solutions are provided for various industries. | nextfirst.com |
Business activity
The main business activity of Nextfirst Engineering Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nextfirst Engineering Technologies Private Limited, buy the company report.
Financials of Nextfirst Engineering Technologies Private Limited
FY 2025 filings availableNextfirst Engineering Technologies Private Limited reported revenue of ₹8.73 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹8.73 Cr ▼ 1%
Net profit · FY 2025
₹1.94 Lakh margin 0.2%
EBITDA · FY 2025
₹1.16 Cr margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 7%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 17%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 1% fall in the latest year. EBITDA rose 21% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.73 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.94 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Nextfirst Engineering Technologies Private Limited, buy the company report.
Board of directors of Nextfirst Engineering Technologies Private Limited
Nextfirst Engineering Technologies 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 |
|---|---|---|---|---|
| Veena Radhakrishna Also directs: Cartenetics Solutions Private Limited | Managing Director | 08 Sep 2020 | 6 Years 2 Months | Current |
| Jayendran Balasubramanian Also directs: Cartenetics Solutions Private Limited | Director | 09 Aug 2004 | 22 Years 3 Months | Current |
| Balasubramanian Mahadevan | Director | 09 Aug 2004 | 22 Years 3 Months | Current |
Peer comparison
Nextfirst Engineering Technologies Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vardhita Engineering Private Limited | ₹8.86 Cr (FY 2025) | 31.0% | Pune, Maharashtra, India | |||
| Cheran Machines India Private Limited | ₹8.85 Cr (FY 2024) | -33.0% | Coimbatore, Tamil Nadu, India | |||
| Win Tools India Private Limited | ₹8.83 Cr (FY 2025) | -9.0% | Hyderabad, Telangana, India | |||
| Productivity Aids Private Limited | ₹8.8 Cr (FY 2024) | -13.0% | Pune, Maharashtra, India | |||
| Packmen Machineries Private Limited | ₹8.76 Cr (FY 2025) | 2.0% | Angamaly, Kerala, India | |||
| Nextfirst Engineering Technologies Private Limitedthis company | ₹8.73 Cr (FY 2025) | ₹1.94 Lakh | 0.2% | -1.0% | 43 | Bangalore, Karnataka, India |
To see the full peer comparison of Nextfirst Engineering Technologies Private Limited, buy the company report.
Auditor
Nextfirst Engineering Technologies Private Limited is audited by RAVI P RAJAN & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI P RAJAN & CO | FY 2024 | 15876S |
Shareholding
The shareholding of Nextfirst Engineering Technologies Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nextfirst Engineering Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.45 Cr
Satisfied charges
₹15.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101179179 | Others | ₹5.45 Cr | Open | |
| 19 Nov 2021 | 100503905 | Others | ₹6 Cr | Satisfied | |
| 22 Oct 2019 | 100306183 | Others | ₹2.5 Cr | Satisfied | |
| 21 Aug 2015 | 10594932 | State Bank of India | ₹2.5 Cr | Satisfied | |
| 27 Oct 2005 | 80031271 | State Bank of India | ₹4.25 Cr | Satisfied |
To see the full charge records of Nextfirst Engineering Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Nextfirst Engineering Technologies Private Limited has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹7.87 Cr; the latest was in January 2021.
Total deals
15
Secondary share transfers
9
Funding rounds
5
Rights issue
1
Disclosed funding
₹7.87 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Funding round | ₹4.5 Cr | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2018 | Rights issue | ₹60 Lakh | Investors: 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Nextfirst Engineering Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nextfirst Engineering Technologies Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Pepperl and Fuchs India Pvt.Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Nextfirst Engineering Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nextfirst Engineering Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nextfirst Engineering Technologies Private Limited has a workforce of 43 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
16.22%
GST
Nextfirst Engineering Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN9699J1ZI | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nextfirst Engineering Technologies Private Limited, buy the company report.
Recent activity
Nextfirst Engineering Technologies Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Veena Radhakrishna was appointed as Managing Director on 08 Sep 2020.
Charges
A charge registered on 22 Oct 2019 via Charge ID 100306183 with Others was fully satisfied on 21 Mar 2026.
AGM
Nextfirst Engineering Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 5.45 Cr with Charge ID 101179179 was registered on 02 Sep 2025.
Filing
Nextfirst Engineering Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 19 Nov 2021 via Charge ID 100503905 with Others was fully satisfied on 22 Apr 2024.
Charges
A charge with Others of Rs. 2.50 Cr registered on 22 Oct 2019 with Charge ID 100306183 was modified on 16 Dec 2022.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100503905 was registered on 19 Nov 2021.
Appointed
Veena Radhakrishna was appointed as Managing Director.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100306183 was registered on 22 Oct 2019.
Charges
A charge registered on 21 Aug 2015 via Charge ID 10594932 with State Bank Of India was fully satisfied on 08 May 2019.
Charges
A charge registered on 27 Oct 2005 via Charge ID 80031271 with State Bank Of India was fully satisfied on 01 Jan 2019.
Charges
A charge with State Bank Of India amounted to Rs. 2.50 Cr with Charge ID 10594932 was registered on 21 Aug 2015.
6 earlier events are in the company report.
Frequently asked questions
Nextfirst Engineering Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 09 August 2004 (22+ years old) and is registered under CIN U31103KA2004PTC034459.
Nextfirst Engineering Technologies has 3 current directors:
- Veena Radhakrishna - Managing Director
- Jayendran Balasubramanian - Director
- Balasubramanian Mahadevan - Director
The latest financial statements of Nextfirst Engineering Technologies 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 Nextfirst Engineering Technologies is 29AABCN9699J1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Nextfirst Engineering Technologies is U31103KA2004PTC034459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextfirst Engineering Technologies has 5 court cases on record: 5 filed against it.
Nextfirst Engineering Technologies was incorporated on 09 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Nextfirst Engineering Technologies has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹7.87 Cr; the latest was in January 2021.
The peers of Nextfirst Engineering Technologies by revenue are Vardhita Engineering Private Limited, Cheran Machines India Private Limited, Win Tools India Private Limited, Productivity Aids Private Limited, Packmen Machineries Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Veena Radhakrishna was appointed as Managing Director on 08 Sep 2020. Tiruthurai Poondi Madhavan Ramamurti ceased to be Director on 08 Mar 2011. Balasubramanian Mahadevan was appointed as Director on 09 Aug 2004. Nextfirst Engineering Technologies has 4 board changes on record in total.
Yes, Nextfirst Engineering Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0025064).
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