Nextray Technologies Private Limited

Nextray Technologies Private Limited - consumer electronics & durables in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U31900GJ2020PTC117509 Incorporated 20 October 2020 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company consumer electronics and durables Startup India MSME · Small
Data last updated
Revenue · FY 2025
₹22.93 Cr
▲ 29% YoY
Net profit · FY 2025
₹41.16 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹1.8 Cr
EBITDA margin 7.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1.67 Lakh
Issued & subscribed
Open charges
₹9.58 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
52
Provident fund records

About Nextray Technologies Private Limited

Data last updated:

Nextray Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 October 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2020PTC117509. Its GSTIN is 24AAHCN2338N1Z8 (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.67 Lakh. It is led by directors including Chinkeshkumar Jagdishbhai Patel and Hardik Amrutbhai Patel.

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 Nextray Technologies 908/3 GIDC Industrial Estate Makarpura, Vadodara, Gujarat, India – 390010.

As per the financials filed for FY 2025, the company reported a revenue of ₹22.93 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹41.16 Lakh (net margin 1.8%) and EBITDA of ₹1.8 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.

The company has about 52 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Nextray Technologies. As per MCA filings, the company has open charges of ₹9.58 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Nextray Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0021833). For more details, the company can be reached via its website nextray-tech.com.

Company details

CIN U31900GJ2020PTC117509
Registration Number 117509
Incorporation Date 20 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0021833
Key People
Sanjay Gunvantlal Mehta Nominee Director Chinkeshkumar Jagdishbhai Patel Director Hardik Amrutbhai Patel Director

Recognitions & Rankings of Nextray Technologies

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-24-0021833

Contact details

Nextray Technologies Private Limited's registered office is in Vadodara, Gujarat. Its website is nextray-tech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nextray-tech.com
  • Registered Address
    Nextray Technologies 908/3 GIDC Industrial Estate Makarpura, Vadodara, Gujarat, India – 390010
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Nextray Technologies Private Limited, buy the company report.

Comprehensive company report
Nextray 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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Secure checkout · GST invoice included

Brands

Nextray Technologies operates one associated brand: Nextray Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Nextray Technologies
Industrial and residential lighting systems are manufactured.nextray-tech.com

Business activity

The main business activity of Nextray Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Nextray Technologies Private Limited, buy the company report.

Financials of Nextray Technologies Private Limited

FY 2025 filings available

Nextray Technologies Private Limited reported revenue of ₹22.93 Cr (up 29% YoY) for FY 2025.

Revenue · FY 2025
₹22.93 Cr ▲ 29%
Net profit · FY 2025
₹41.16 Lakh margin 1.8%
EBITDA · FY 2025
₹1.8 Cr margin 7.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 29%

Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 29% growth in the latest year. EBITDA rose 40% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.8 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹41.16 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.8%
Net Profit Margin1.8%
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 Nextray Technologies Private Limited, buy the company report.

Board of directors of Nextray Technologies Private Limited

Nextray Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay Gunvantlal Mehta
Also directs: Unixo Servtech LLP, Nessa India Foundation
Nominee Director29 Mar 20251 Years 7 MonthsCurrent
Chinkeshkumar Jagdishbhai PatelDirector20 Oct 20206 Years 0 MonthsCurrent
Hardik Amrutbhai Patel
Also directs: Zrika Lights Private Limited
Director20 Oct 20206 Years 0 MonthsCurrent
Ketul Ramanbhai PatelDirector29 Mar 20251 Years 7 MonthsCurrent
View all directors

Peer comparison

Nextray Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vmix Mineral Technologies Private Limited₹22.97 Cr (FY 2024)56.0%Bangalore, Karnataka, India
Budhan Engineerings Private Limited₹22.97 Cr (FY 2025)27.0%Hyderabad, Telangana, India
Anzo Controls Private Limited₹22.97 Cr (FY 2025)34.0%Noida, Uttar Pradesh, India
Kundan Precision Components Private Limited₹22.95 Cr (FY 2025)7.0%Parwanoo, Himachal Pradesh, India
Nupore Filtration Systems Private Limited₹22.94 Cr (FY 2024)-71.0%Ghaziabad, Uttar Pradesh, India
Nextray Technologies Private Limitedthis company₹22.93 Cr (FY 2025)₹41.16 Lakh1.8%29.0%52Vadodara, Gujarat, India
Amer NSM India Private Limited₹22.93 Cr (FY 2025)8.0%Pune, Maharashtra, India
Balaji Pressure Vessels Private Limited₹22.91 Cr (FY 2023)-33.0%Hyderabad, Telangana, India
Pteris Global Integrated Solution (India) Private Limited₹22.91 Cr (FY 2025)28.0%Chennai, Tamil Nadu, India
Rolltech Engineering Private Limited₹22.9 Cr (FY 2025)34.0%Sabar Kantha, Gujarat, India
Excava Attachers Private Limited₹22.87 Cr (FY 2025)357.0%Palwal, Haryana, India

To see the full peer comparison of Nextray Technologies Private Limited, buy the company report.

Auditor

Nextray Technologies Private Limited is audited by Alok Patel & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Alok Patel & AssociatesFY 2023145905W

Shareholding

The shareholding of Nextray Technologies Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nextray Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.58 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.17 Cr
Tata Capital Financial Services Limited₹0.42 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Sep 2024100982173Others₹49.9 LakhOpen
29 Nov 2022100651346Others₹1.23 CrOpen
24 Nov 2022100649649Others₹1.23 CrOpen
31 Oct 2022100640327Tata Capital Financial Services Limited₹41.72 LakhOpen
28 May 2021100452795Others₹6.2 CrOpen

To see the full charge records of Nextray Technologies Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

Nextray Technologies Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 68 overdue payments to 48 micro and small suppliers. 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 (5 of 48)

SupplierAmount dueDue sinceReported on
Lumens Technologies Private Limited
an individual supplier
Adeptstation LLP
an individual supplier
an individual supplier

To see the full MSME payment records of Nextray Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Nextray Technologies Private Limited has a workforce of 52 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
52
Active EPFO establishments
1
Employee growth
4%

GST

Nextray Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCN2338N1Z8GujaratActive30 Oct 2020

To see the full GST registrations and return filing status of Nextray Technologies Private Limited, buy the company report.

Recent activity

Nextray Technologies Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Ketul Ramanbhai Patel ceased to be Additional Director on 29 Sep 2025.

AGM
Nextray Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Ketul Ramanbhai Patel ceased to be Additional Director.
Charges
A charge with Others of Rs. 620.20 Lakh registered on 28 May 2021 with Charge ID 100452795 was modified on 22 Sep 2025.
Filing
Nextray Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ketul Ramanbhai Patel was appointed as Director.
Appointed
Sanjay Gunvantlal Mehta was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 49.90 Lakh with Charge ID 100982173 was registered on 24 Sep 2024.
Charges
A charge with Others of Rs. 123.20 Lakh registered on 29 Nov 2022 with Charge ID 100651346 was modified on 02 May 2023.
Charges
A charge with Others of Rs. 123.20 Lakh registered on 24 Nov 2022 with Charge ID 100649649 was modified on 28 Mar 2023.
Charges
A charge with Others amounted to Rs. 123.20 Lakh with Charge ID 100651346 was registered on 29 Nov 2022.
Charges
A charge with Others amounted to Rs. 123.20 Lakh with Charge ID 100649649 was registered on 24 Nov 2022.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 41.72 Lakh with Charge ID 100640327 was registered on 31 Oct 2022.

4 earlier events are in the company report.

Frequently asked questions

Nextray Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 October 2020 (6+ years old) and is registered under CIN U31900GJ2020PTC117509.

Nextray Technologies has 4 current directors:

The latest financial statements of Nextray 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 FY 2021 are in the company report.

The GSTIN of Nextray Technologies is 24AAHCN2338N1Z8, registered in Gujarat.

The CIN (Corporate Identification Number) of Nextray Technologies is U31900GJ2020PTC117509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nextray Technologies has 1 court case on record: 1 filed by the company. 1 is pending.

Nextray Technologies was incorporated on 20 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Nextray Technologies by revenue are Vmix Mineral Technologies Private Limited, Budhan Engineerings Private Limited, Anzo Controls Private Limited, Kundan Precision Components Private Limited, Nupore Filtration Systems Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Ketul Ramanbhai Patel ceased to be Additional Director on 29 Sep 2025. Ketul Ramanbhai Patel was appointed as Director on 29 Mar 2025. Sanjay Gunvantlal Mehta was appointed as Nominee Director on 29 Mar 2025. Nextray Technologies has 5 board changes on record in total.

Yes, Nextray Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Nextray Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0021833).

Nextray Technologies has 2 MSME Form 1 returns on record between 2021 and 2022, listing 68 overdue payments to 48 micro and small suppliers. The latest return was filed on 30 Apr 2022.