Nicon Builders Private Limited
About Nicon Builders Private Limited
Data last updated:
Nicon Builders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the building construction segment of the construction sector. It was incorporated on 21 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1995PTC087560.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Parsram Bhatia and Sunil Govindrao Chittal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 5 Everest Tardeotardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.67 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹62,425 (net margin -37.3%) and EBITDA of -₹62,425 (EBITDA margin -37.3%). Revenue has grown at a compounded annual rate (CAGR) of 96% over five years.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nicon Builders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 5 Everest Tardeotardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryConstruction, Buildings
To see the full contact details of Nicon Builders 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 Nicon Builders Private Limited
FY 2025 filings availableNicon Builders Private Limited reported revenue of ₹1.67 Lakh (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 96%. EBITDA fell 135% 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 | -₹62,425 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹62,425 | ||||
| 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 | -37.3% | ||||
| Net Profit Margin | -37.3% | ||||
| 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 Nicon Builders Private Limited, buy the company report.
Board of directors of Nicon Builders Private Limited
Nicon Builders 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 |
|---|---|---|---|---|
| Ramesh Parsram Bhatia | Director | 21 Apr 1995 | 31 Years 6 Months | Current |
| Sunil Govindrao Chittal Also directs: Devi Shakti Realty LLP, Dream World Landmarks LLP, Advika Constructions Private Limited and 5 more | Director | 15 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Nicon Builders Private Limited is audited by K R MANIK & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R MANIK & CO | FY 2017 | 009550 |
Shareholding
The shareholding of Nicon Builders Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nicon Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2010 | 10242239 | Gruh Finance Limited | ₹5 Cr | Satisfied |
To see the full charge records of Nicon Builders Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Nicon Builders Private Limited has 4 court cases on record: 2 filed by Nicon Builders, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Meenamani Ganga Builders LLP Through Its Partner Mr Annuj Umesh Goel | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Meenamani Ganga Builders LLP Through Anuj Umesh Goel | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Minamani Ganga Builders LLP Through Anuj Umesh Goel and 2 others | Disposed |
To see the full case history of Nicon Builders 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 Nicon Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Nicon Builders has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Nicon Builders Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nicon Builders Private Limited has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Ashok Chellaram Bijlani ceased to be Director on 13 Jul 2021.
Frequently asked questions
Nicon Builders is an active private limited company based in Mumbai, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 21 April 1995 (31+ years old) and is registered under CIN U45200MH1995PTC087560.
Nicon Builders has 2 current directors:
- Ramesh Parsram Bhatia - Director
- Sunil Govindrao Chittal - Director
The latest financial statements of Nicon Builders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nicon Builders is U45200MH1995PTC087560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nicon Builders has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending.
Nicon Builders was incorporated on 21 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Chellaram Bijlani ceased to be Director on 13 Jul 2021. Sunil Govindrao Chittal ceased to be Director on 27 Sep 2019. Gautam Purshotamdas Budhrani ceased to be Director on 15 Apr 2019. Nicon Builders has 5 board changes on record in total.
The registered office of Nicon Builders is at A – 5 Everest Tardeotardeo Road, Mumbai, Maharashtra, India – 400034.
Nicon Builders operates in the construction industry, in the buildings segment.
Nicon Builders has no open charges and satisfied charges of ₹5 Cr as per latest MCA filings.