About Neycer India Limited
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Neycer India Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Varun Ventures Private Limited. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 12 May 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L26109TN1960PLC004145. Its GSTIN is 33AAACN1483D1ZX (Tamil Nadu). The company holds 2 GST registrations, all of them active. It is recorded as listed by MCA, but trading in its shares on BSE (502255) has been suspended since 21 Dec 2004 · penal reasons, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹10.15 Cr. It is led by directors including Jayalakshmi (Whole-Time Director) and Raviteja Anne.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No# 145 Manasa Apartment Saint Mary'S Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2023, the company reported a revenue of ₹76.99 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹14.63 Cr and EBITDA of -₹9.81 Cr. Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 47% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neycer. As per MCA filings, the company has satisfied charges of ₹312.53 Cr on record. Court records list 136 cases involving the company, including 105 filed by the company and 31 filed against it; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neycer.in.
Company details
CIN history
Neycer India has one previous CIN (Corporate Identification Number): L26109TN1960SGC004145. The current CIN is L26109TN1960PLC004145, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26109TN1960PLC004145 | Current |
| L26109TN1960SGC004145 | Previous |
Contact details
Neycer India Limited's registered office is in Chennai, Tamil Nadu. Its website is neycer.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo# 145 Manasa Apartment Saint Mary'S Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Neycer India Limited, buy the company report.
- 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
Business activity
The main business activity of Neycer India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Neycer India Limited, buy the company report.
Financials of Neycer India Limited
FY 2023 filings availableNeycer India Limited reported revenue of ₹76.99 Lakh (down 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 19% fall in the latest year. EBITDA fell 433% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹76.99 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.63 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Neycer India Limited, buy the company report.
Board of directors and KMP of Neycer India Limited
Neycer India Limited currently reports 3 directors and 3 key managerial personnel. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raviteja Anne Also directs: Spartek Ceramics India Limited, Unifort Ceramics Private Limited | Director | 08 Jul 2021 | 5 Years 3 Months | Current |
| Raghavan Gopalaswami Also directs: Maruti Industrial Carbohydrades Limited | Company Secretary | 29 May 2015 | 11 Years 4 Months | Current |
| Suresh Babu Chintapalli Also directs: Apv Minerals LLP, Varun Ventures Private Limited, Varalakshmi Agencies Private Limited and 2 more | Additional Director | 09 Mar 2022 | 4 Years 7 Months | Current |
| Palaniappan Thirukalathiappan Also directs: Oorjabuuks LLP | Cfo | 01 Jul 2016 | 10 Years 3 Months | Current |
| Jayalakshmi | Whole-Time Director | 13 Apr 2015 | 11 Years 6 Months | Current |
| Achuthan Tirugnanasampanthan | Cfo | 01 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Neycer India Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yuvi Tiles Private Limited | ₹78.06 Lakh (FY 2025) | -42.0% | Morbi, Gujarat, India | |||
| Neycer India Limitedthis company | ₹76.99 Lakh (FY 2023) | -₹14.63 Cr | -19.0% | 8 | Chennai, Tamil Nadu, India | |
| White House Tiles Private Limited | ₹76.96 Lakh (FY 2024) | -97.0% | Waghasia, Gujarat, India | |||
| Doll Ceramic Private Limited | ₹75.11 Lakh (FY 2025) | -93.0% | Morbi, Gujarat, India | |||
| Nakora Marbles Private Limited | ₹74.58 Lakh (FY 2025) | 44.0% | Rajsamand, Rajasthan, India |
To see the full peer comparison of Neycer India Limited, buy the company report.
Auditor
Neycer India Limited is audited by R. SUNDARARAMAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. SUNDARARAMAN & CO. | FY 2023 | 004219S |
Shareholding
The shareholding of Neycer India Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neycer India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2018 | 100211345 | Others | ₹124.48 Cr | Satisfied | |
| 17 Aug 2018 | 100255416 | Others | ₹124.48 Cr | Satisfied | |
| 14 Mar 2008 | 10238156 | Viz Projects Private Limited | ₹10.75 Cr | Satisfied | |
| 14 Mar 2008 | 10302324 | Bank of India | ₹5.84 Cr | Satisfied | |
| 29 Mar 2003 | 80049315 | Bank of India | ₹10 Cr | Satisfied |
To see the full charge records of Neycer India Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Neycer India Limited has 136 court cases on record: 105 filed by Neycer India, 31 filed against it. 14 cases are pending and 122 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 104 | 19 | 11 |
| District courts | 20 | 8 | 2 |
| Supreme Court | 12 | 4 | 1 |
Cases on record (5 of 136)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Gail India Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Gail India Limited | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Gail (India ) Ltd., Giridhar and Sai, G.S.Vivekmani,Pooja.P | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Gail (India ) Ltd., and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Gail (India ) Ltd., and 2 others | Disposed |
To see the full case history of Neycer India 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 Neycer India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neycer India Limited has a workforce of 8 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Neycer India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACN1483D1ZX | Tamil Nadu | Active | 01 Jul 2017 |
| 34AAACN1483D1ZV | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neycer India Limited, buy the company report.
Recent activity
Neycer India Limited has 22 board changes on record since 1989: 14 appointments and 8 cessations. The latest: Achuthan Tirugnanasampanthan was appointed as CFO on 01 Nov 2023.
30 earlier events are in the company report.
Frequently asked questions
Neycer India is an active public limited company based in Chennai, Tamil Nadu, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 12 May 1960 (66+ years old) and is registered under CIN L26109TN1960PLC004145.
Neycer India has 6 current directors and KMP:
- Jayalakshmi - Whole-Time Director
- Raviteja Anne - Director
- Suresh Babu Chintapalli - Additional Director
- Raghavan Gopalaswami - Company Secretary
- Palaniappan Thirukalathiappan - Cfo
- Achuthan Tirugnanasampanthan - Cfo
The latest financial statements of Neycer India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Neycer India is 33AAACN1483D1ZX, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 34AAACN1483D1ZV (Puducherry).
The CIN (Corporate Identification Number) of Neycer India is L26109TN1960PLC004145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neycer India is recorded as a listed company by MCA, but trading in its shares on BSE (502255) has been suspended since 21 Dec 2004 · penal reasons, so they do not currently trade on a stock exchange.
Neycer India has 136 court cases on record: 105 filed by the company and 31 filed against it. 14 are pending. Most are in the high courts.
Neycer India was incorporated on 12 May 1960, making it 66+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Neycer India by revenue are Yuvi Tiles Private Limited, White House Tiles Private Limited, Doll Ceramic Private Limited, Nakora Marbles Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Achuthan Tirugnanasampanthan was appointed as CFO on 01 Nov 2023. Ganapathy Krishnamoorthy ceased to be Director on 29 Apr 2023. Bachiame ceased to be Director on 09 Mar 2022. Neycer India has 22 board changes on record in total.
Neycer India can be reached through the website neycer.in. Its registered office is in Chennai, Tamil Nadu, India.