- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0072074

About Ngda Watches Private Limited
Data last updated:
Ngda Watches Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 17 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65910MH1992PTC065941. Its GSTIN is 27AAACN5090J1ZA (Maharashtra).
The company has an authorised share capital of ₹18 Lakh and a paid-up capital of ₹3.7 Lakh. It was formerly known as Nagpur Gas Domestic Appliances Finance Private Limited. It is led by directors Dorab Minoo Patel (Managing Director) and Behram Minoo Patel.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mount Road Extension Sardar Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.57 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹2.39 Cr (net margin 5.9%) and EBITDA of ₹4.06 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 11% over five years.
The company has about 74 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹3.84 Cr and satisfied charges of ₹2.73 Cr on record.
Ngda Watches Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0072074). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ngdawatches.com.
Company details
Recognitions & Rankings of Ngda Watches
Contact details
Ngda Watches Private Limited's registered office is in Nagpur, Maharashtra. Its website is ngdawatches.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressMount Road Extension Sardar Nagpur, Maharashtra, India – 440001
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Ngda Watches Private 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 activities of Ngda Watches are wholesale and retail trade; repair of motor vehicles and motorcycles and construction. In detail, this covers retail trade, except of motor vehicles and motorcycles and specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | |
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Ngda Watches Private Limited, buy the company report.
Financials of Ngda Watches Private Limited
FY 2025 filings availableNgda Watches Private Limited reported revenue of ₹40.57 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 36% growth in the latest year. EBITDA rose 54% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.39 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 5.9% | ||||
| 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 Ngda Watches Private Limited, buy the company report.
Board of directors of Ngda Watches Private Limited
Ngda Watches has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dorab Minoo Patel Also directs: Nishq Traders LLP, Ngda Air Conditioning and Refrigeration Private Limited, Ngda Electro Mechanical Industries Pvt Ltd and 4 more | Managing Director | 17 Mar 1992 | 34 Years 7 Months | Current |
| Behram Minoo Patel | Director | 17 Mar 1992 | 34 Years 7 Months | Current |
Auditor
Ngda Watches Private Limited is audited by C N PATEL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N PATEL & CO | FY 2023 | 112552W |
Shareholding
The shareholding of Ngda Watches Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ngda Watches Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2016 | 10627097 | State Bank of India | ₹1.92 Cr | Open | |
| 25 Feb 2016 | 10627101 | State Bank of India | ₹1.92 Cr | Open | |
| 24 Feb 2007 | 10081692 | Hdfc Bank Limited | ₹9.5 Lakh | Satisfied | |
| 20 Jan 2006 | 80067528 | Hdfc Bank Ltd | ₹14 Lakh | Satisfied | |
| 26 Jun 2001 | 90165421 | State Bank of India | ₹1.01 Cr | Satisfied |
To see the full charge records of Ngda Watches Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Ngda Watches 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 Ngda Watches Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ngda Watches has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Yashshree Traders Private Limited | U51900MH1997PTC111095 |
Employees & EPFO
Ngda Watches Private Limited has a workforce of 74 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Ngda Watches has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN5090J1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ngda Watches Private Limited, buy the company report.
Recent activity
Ngda Watches Private Limited has 5 board changes on record since 1992: 2 appointments and 3 cessations. The latest: Dorab Minoo Patel ceased to be Director on 01 Jul 2018.
17 earlier events are in the company report.
Frequently asked questions
Ngda Watches is an active private limited company based in Nagpur, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 17 March 1992 (34+ years old) and is registered under CIN U65910MH1992PTC065941.
Ngda Watches has 2 current directors:
- Dorab Minoo Patel - Managing Director
- Behram Minoo Patel - Director
The latest financial statements of Ngda Watches on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ngda Watches is 27AAACN5090J1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ngda Watches is U65910MH1992PTC065941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ngda Watches was incorporated on 17 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Nagpur.
Dorab Minoo Patel ceased to be Director on 01 Jul 2018. Phiroze Minoo Patel ceased to be Director on 17 Aug 2009. Minoo Tehmasp Patel ceased to be Director on 31 Mar 2008. Ngda Watches has 5 board changes on record in total.
Yes, Ngda Watches is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0072074).
Ngda Watches can be reached through the website ngdawatches.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Ngda Watches is at Mount Road Extension Sardar Nagpur, Maharashtra, India – 440001.

