About Nicomac Machinery Private Limited
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Nicomac Machinery Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Ksk Energy Ventures Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29219TG2005PTC046830.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gopi Devarakonda and Kalidindi Jhansi Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 – 3 – 865/1/2 Flat No. 204 Greenland Apartments Ameerpet, Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.68 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹319.63 Cr and EBITDA of ₹10.39 Cr (EBITDA margin 89%). Revenue has grown at a compounded annual rate (CAGR) of 50% over five years.
Court records list 2 cases involving the company, including 2 filed by the company. The company has 2 deals on record (2 secondary share transfers); the latest was in December 2019. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Gravitech Solutions Private Limited with revenue of ₹11.71 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nicomac.com.
Company details
CIN history
Nicomac Machinery has one previous CIN (Corporate Identification Number): U29219AP2005PTC046830. The current CIN is U29219TG2005PTC046830, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29219TG2005PTC046830 | Current |
| U29219AP2005PTC046830 | Previous |
Contact details
Nicomac Machinery Private Limited's registered office is in Hyderabad, Telangana. Its website is nicomac.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6 – 3 – 865/1/2 Flat No. 204 Greenland Apartments Ameerpet, Hyderabad, Telangana, India – 500016
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Nicomac Machinery 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
Financials of Nicomac Machinery Private Limited
FY 2024 filings availableNicomac Machinery Private Limited reported revenue of ₹11.68 Cr (down 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 77% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 50%. EBITDA rose 102% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.39 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹319.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 89% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Nicomac Machinery Private Limited, buy the company report.
Board of directors of Nicomac Machinery Private Limited
Nicomac Machinery has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopi Devarakonda Also directs: KSK Energy Ventures Limited, Bengani Leasing & Finance Private Limited, Gland Celsus Bio Chemicals Private Limited and 4 more | Director | 30 Apr 2022 | 4 Years 6 Months | Current |
| Kalidindi Jhansi Lakshmi Also directs: Dhananjaya Properties LLP, Markanday Properties LLP, Sasikala Properties LLP and 5 more | Director | 03 Sep 2020 | 6 Years 1 Months | Current |
| Penmetsa Ravindranath Also directs: Dhananjaya Properties LLP, Markanday Properties LLP, Sasikala Properties LLP and 5 more | Director | 30 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Nicomac Machinery Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gravitech Solutions Private Limited | ₹11.71 Cr (FY 2024) | 28.0% | Chennai, Tamil Nadu, India | |||
| Kun Industries Private Limited | ₹11.71 Cr (FY 2025) | 79.0% | Ahmedabad, Gujarat, India | |||
| Radco Flex India Private Limited | ₹11.71 Cr (FY 2024) | 10.0% | Sriperumbudur, Tamil Nadu, India | |||
| S M Air Tech Private Limited | ₹11.7 Cr (FY 2025) | -4.0% | Bangaloresouth, Karnataka, India | |||
| Powermag Control Systems Private Limited | ₹11.68 Cr (FY 2024) | -2.0% | Coimbatore, Tamil Nadu, India | |||
| Nicomac Machinery Private Limitedthis company | ₹11.68 Cr (FY 2024) | -₹319.63 Cr | -77.0% | Hyderabad, Telangana, India | ||
| Shree Laxmi Ayat & Niryat Pvt Ltd | ₹11.67 Cr (FY 2025) | -46.0% | Kolkata, West Bengal, India | |||
| Saran Ferros Private Limited | ₹11.67 Cr (FY 2024) | 23.0% | Delhi, India | |||
| Prem Nath Ram Sarup Exports Private Limited | ₹11.66 Cr (FY 2025) | -23.0% | Delhi, India | |||
| Aldon Steel Private Limited | ₹11.66 Cr (FY 2025) | 130.0% | New Delhi, Delhi, India | |||
| MRL Printing Rolls Private Limited | ₹11.65 Cr (FY 2025) | 9.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Nicomac Machinery Private Limited, buy the company report.
Auditor
Nicomac Machinery Private Limited is audited by Y. Raghuram & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. Raghuram & Co. | FY 2022 | 009415S |
Shareholding
The shareholding of Nicomac Machinery Private 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 Nicomac Machinery Private Limited, buy the company report.
Deals & funding
Nicomac Machinery Private Limited has 2 deals on record (2 secondary share transfers); the latest was in December 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nicomac Machinery Private Limited has 2 court cases on record: 2 filed by Nicomac Machinery. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Hyderabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Nicomac Machinery 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 Nicomac Machinery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nicomac Machinery Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nicomac Machinery Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Gopi Devarakonda was appointed as Director on 30 Apr 2022.
Frequently asked questions
Nicomac Machinery is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 July 2005 (21+ years old) and is registered under CIN U29219TG2005PTC046830.
Nicomac Machinery has 3 current directors:
- Gopi Devarakonda - Director
- Kalidindi Jhansi Lakshmi - Director
- Penmetsa Ravindranath - Director
The latest financial statements of Nicomac Machinery on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nicomac Machinery is U29219TG2005PTC046830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nicomac Machinery has 2 court cases on record: 2 filed by the company.
Nicomac Machinery was incorporated on 12 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nicomac Machinery has 2 deals on record (2 secondary share transfers); the latest was in December 2019.
The peers of Nicomac Machinery by revenue are Gravitech Solutions Private Limited, Kun Industries Private Limited, Radco Flex India Private Limited, S M Air Tech Private Limited, Powermag Control Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Gopi Devarakonda was appointed as Director on 30 Apr 2022. Nadimpally Rama Subramanyaraju ceased to be Director on 30 Apr 2022. Penmetsa Ravindranath was appointed as Director on 30 Apr 2022. Nicomac Machinery has 9 board changes on record in total.
Nicomac Machinery can be reached through the website nicomac.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Nicomac Machinery is at 6 – 3 – 86512 Flat No. 204 Greenland Apartments Ameerpet, Hyderabad, Telangana, India – 500016.
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