MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-13-0008229
_LIMITED.webp)
Ngef (Hubli) Limited - energy and power in Dharwad, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹84.47 Cr
▲ 32% YoY
Net profit · FY 2023
₹54.32 Lakh
Net margin 0.6%
EBITDA · FY 2023
₹45.3 Lakh
EBITDA margin 0.5%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹3.2 Cr
Issued & subscribed
Open charges
₹21 Cr
Satisfied ₹17.37 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
68
Provident fund records
About Ngef (Hubli) Limited
Data last updated:
Ngef (Hubli) Limited is a public limited state government company based in Dharwad, Karnataka, India, a subsidiary of N G E F Ltd.. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1989SGC009687. Its GSTIN is 29AAACN6371J1Z4 (Karnataka). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.2 Cr. It was formerly known as Karnataka Chalaka Yantra Limited. It is led by directors including Shivabasava Naregal (Managing Director) and Ravindra Ningappa Karlingannavar.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at P.B. Road Rayapura Dharwad, Karnataka, India – 580009.
As per the financials filed for FY 2023, the company reported a revenue of ₹84.47 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹54.32 Lakh (net margin 0.6%) and EBITDA of ₹45.3 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 22% over five years.
The company has about 68 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹17.37 Cr on record. Court records list 25 cases involving the company, including 7 filed by the company and 18 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2019. Its 8 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 5 smaller; the largest is CMC Manufacturing Company Pvt. Ltd. with revenue of ₹62.7 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 7 micro and small suppliers.
Ngef (Hubli) Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0008229). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ngef.in.
Company details
CIN U85110KA1989SGC009687
Registration Number 009687
Incorporation Date 05 July 1989
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Parent Company N G E F Ltd.
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-13-0008229
CIN history
Ngef (Hubli) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110KA1989SGC009687, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1989SGC009687 | Current |
| U31103KA1988PLC009687 | Previous |
| U85110KA1989PLC009687 | Previous |
Key People
Shivabasava Naregal Managing Director Ravindra Ningappa Karlingannavar Nominee Director Basavaraju Gopal Krishna Nominee Director Recognitions & Rankings of Ngef (Hubli)
Contact details
Ngef (Hubli) Limited's registered office is in Dharwad, Karnataka.
- Registered AddressP.B. Road Rayapura Dharwad, Karnataka, India – 580009
- IndustryEnergy and Power, Power Equipment Manufacturers
Comprehensive company report
Ngef (Hubli) 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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Financials of Ngef (Hubli) Limited
FY 2024 filings availableNgef (Hubli) Limited reported revenue of ₹84.47 Cr (up 32% YoY) for FY 2023.
Revenue · FY 2023
₹84.47 Cr ▲ 32%
Net profit · FY 2023
₹54.32 Lakh margin 0.6%
EBITDA · FY 2023
₹45.3 Lakh margin 0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▼ 7%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 1%
5 years · compounded
▼ 14%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 32% growth in the latest year. EBITDA rose 53% 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 | ₹84.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.32 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Ngef (Hubli) Limited, buy the company report.
Board of directors of Ngef (Hubli) Limited
Ngef (Hubli) has 10 current directors and 63 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Ningappa Karlingannavar | Nominee Director | 08 Nov 2023 | 2 Years 11 Months | Current |
| Basavaraju Gopal Krishna Also directs: Karnataka Handloom Development Corporation Limited, Gulbarga Electricity Supply Company Limited, N G E F Ltd. and 3 more | Nominee Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Nanjegowda Shivakumar | Nominee Director | 26 Feb 2024 | 2 Years 8 Months | Current |
| Dalavayee Kodandapani Also directs: Karnataka Vidyuth Karkhane Limited, Power Company of Karnataka Limited, Mangalore Electricity Supply Company Limited and 5 more | Nominee Director | 29 Dec 2023 | 2 Years 10 Months | Current |
| Rajee Jayakumar | Nominee Director | 23 Apr 2025 | 1 Years 6 Months | Current |
| Shivabasava Naregal | Managing Director | 31 Jan 2022 | 4 Years 9 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
Ngef (Hubli) Limited is compared with the 8 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Ngef (Hubli) Limitedthis company | ₹84.47 Cr (FY 2023) | ₹54.32 Lakh | 0.6% | 32.0% | Dharwad, Karnataka, India | |
| CMC Manufacturing Company Pvt. Ltd. | ₹62.7 Cr (FY 2024) | 30.0% | Kolkata, West Bengal, India | |||
| Powersol Infra Services Private Limited | ₹62.66 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Unitech Structural Systems Private Limited | ₹62.25 Cr (FY 2024) | 10.0% | Coimbatore, Tamil Nadu, India | |||
| Dri India Relays Private Limited | ₹62.09 Cr (FY 2025) | -19.0% | Bengaluru, Karnataka, India | |||
| Sirius Solar Energy Systems Private Limited | ₹61.99 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Akshaya Solar Power (India) Private Limited | ₹61.9 Cr (FY 2024) | -16.0% | Hyderabad, Telangana, India | |||
| Unilec Engineers Limited | ₹61.73 Cr (FY 2018) | -6.0% | New Delhi, Delhi, India | |||
| Load Controls India Private Limited | ₹61.54 Cr (FY 2025) | 69.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ngef (Hubli) Limited, buy the company report.
Charges & borrowings
Open charges
₹21 Cr
Satisfied charges
₹17.37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2022 | 100544435 | Others | ₹21 Cr | Open | |
| 20 Oct 2015 | 10602366 | Hubli Electricity Supply Company Limited | ₹2.57 Cr | Satisfied | |
| 20 Apr 2010 | 10274595 | Canara Bank | ₹11 Cr | Satisfied | |
| 19 Feb 2007 | 10044843 | State Bank of Mysore | ₹3.05 Cr | Satisfied | |
| 08 Apr 1996 | 90195914 | State Bank of Mysore | ₹75 Lakh | Satisfied |
To see the full charge records of Ngef (Hubli) Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ngef (Hubli) Limited has 1 deal on record (1 acquisition); the latest was in March 2019.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Acquisition | Undisclosed | Buyer: N G E F Ltd. Seller: Government of Karnataka |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ngef (Hubli) Limited has 25 court cases on record: 7 filed by Ngef (Hubli), 18 filed against it. 1 case is pending and 24 are disposed.
Total cases
25
Filed by the company
7
Filed against the company
18
Pending
1
Disposed
24
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 12 | 1 |
| District courts | 7 | 6 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TER) | Filed against the company by Ion Exchange Enviro Farms Ltd | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Flow Tech Air (P) Ltd. | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by M/S Ngef Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by M/S Patel Roadways Ltd | Disposed |
| High Court, HARYANA | Revision petition | Filed against the company by M/S Okhla Electricals and 1 other | Pending |
To see the full case history of Ngef (Hubli) 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
Ngef (Hubli) Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Patil Insulating Company Private Limited | |||
| Anupam Insulating Industries | |||
| an individual supplier | |||
| Hi Power Electrical Industries | |||
| an individual supplier |
To see the full MSME payment records of Ngef (Hubli) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ngef (Hubli) has 9 GST registrations: 4 active and 5 cancelled or inactive.
Total GSTINs
9
Active
4
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN6371J1Z4 | Karnataka | Active | 01 Jul 2017 |
| 29AAACN6371J1DD | Karnataka | Active | 26 Dec 2018 |
| 19AAACN6371J1Z5 | West Bengal | Active | 01 Jul 2017 |
| 03AAACN6371J1ZI | Punjab | Active | 07 Aug 2020 |
To see the full GST registrations and return filing status of Ngef (Hubli) Limited, buy the company report.
Recent activity
Ngef (Hubli) Limited has 74 board changes on record since 2008: 10 appointments and 64 cessations. The latest: Harohalli Vijayakumar Jayanth was appointed as Nominee Director on 27 Sep 2025.
Appointed
Harohalli Vijayakumar Jayanth was appointed as Nominee Director.
Ceased
Mahantesh Bilagi ceased to be Nominee Director.
Ceased
Padmavati Husanappa Dhanvantari ceased to be Nominee Director.
Appointed
Rajee Jayakumar was appointed as Nominee Director.
Appointed
Shivashankara Ninge Gowda was appointed as Nominee Director.
AGM
Ngef (Hubli) Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Appointed
Manjinakoppa Laxmana Vyshali was appointed as Nominee Director.
Ceased
Mohammad Roshan ceased to be Nominee Director.
Appointed
Basavaraju Gopal Krishna was appointed as Nominee Director.
Ceased
Mohammed Ikramulla Shariff ceased to be Nominee Director.
Ceased
Chikkadlore Ningaiah Sridhara ceased to be Nominee Director.
Appointed
Giri Ramachandran Jeyanthi Divya Prabhu was appointed as Nominee Director.
77 earlier events are in the company report.
Frequently asked questions
Ngef (Hubli) is an active public limited state government company based in Dharwad, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 July 1989 (37+ years old) and is registered under CIN U85110KA1989SGC009687.
Ngef (Hubli) has 10 current directors:
- Shivabasava Naregal - Managing Director
- Ravindra Ningappa Karlingannavar - Nominee Director
- Basavaraju Gopal Krishna - Nominee Director
- Nanjegowda Shivakumar - Nominee Director
- Dalavayee Kodandapani - Nominee Director
- Rajee Jayakumar - Nominee Director
- Manjinakoppa Laxmana Vyshali - Nominee Director
- Giri Ramachandran Jeyanthi Divya Prabhu - Nominee Director
- Shivashankara Ninge Gowda - Nominee Director
- Harohalli Vijayakumar Jayanth - Nominee Director
The latest financial statements of Ngef (Hubli) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ngef (Hubli) is 29AAACN6371J1Z4, registered in Karnataka. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 29AAACN6371J1DD (Karnataka), 19AAACN6371J1Z5 (West Bengal), 03AAACN6371J1ZI (Punjab).
The CIN (Corporate Identification Number) of Ngef (Hubli) is U85110KA1989SGC009687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ngef (Hubli) has 25 court cases on record: 7 filed by the company and 18 filed against it. 1 is pending. Most are in the high courts.
Ngef (Hubli) was incorporated on 05 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
Ngef (Hubli) has 1 deal on record (1 acquisition); the latest was in March 2019.
The peers of Ngef (Hubli) by revenue are CMC Manufacturing Company Pvt. Ltd, Powersol Infra Services Private Limited, Unitech Structural Systems Private Limited, Dri India Relays Private Limited, Sirius Solar Energy Systems Private Limited and 3 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Harohalli Vijayakumar Jayanth was appointed as Nominee Director on 27 Sep 2025. Mahantesh Bilagi ceased to be Nominee Director on 23 Apr 2025. Padmavati Husanappa Dhanvantari ceased to be Nominee Director on 23 Apr 2025. Ngef (Hubli) has 74 board changes on record in total.
Yes, Ngef (Hubli) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-13-0008229).
Ngef (Hubli) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 7 micro and small suppliers. The latest return was filed on 27 May 2019.
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