Nict Technologies Private Limited

Nict Technologies Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U72200MP2003PTC015766 Incorporated 29 April 2003 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹235.23 Cr
▲ 12% YoY
Net profit · FY 2025
₹6.24 Cr
Net margin 2.7%
EBITDA · FY 2025
₹10.55 Cr
EBITDA margin 4.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.1 Lakh
Issued & subscribed
Open charges
₹12.59 Cr
Satisfied ₹6.78 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
466
Provident fund records

About Nict Technologies Private Limited

Data last updated:

Nict Technologies Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 April 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2003PTC015766. Its GSTIN is 23AABCN8237C1ZT (Madhya Pradesh).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.1 Lakh. It is led by directors including Mukesh Hajela (Managing Director) and Mahendra Gupta.

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 Indore, Madhya Pradesh.

As per the financials filed for FY 2025, the company reported a revenue of ₹235.23 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Cr (net margin 2.7%) and EBITDA of ₹10.55 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.

The company has about 466 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Network for Information and Computer technology. As per MCA filings, the company has open charges of ₹12.59 Cr and satisfied charges of ₹6.78 Cr on record. Court records list 5 cases involving the company, including 3 filed against it; 2 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2019. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Tietoevry India Private Limited. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 24 overdue payments to 3 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nictcsp.com.

Company Details of Nict Technologies Private Limited
CIN U72200MP2003PTC015766
Registration Number 015766
Incorporation Date 29 April 2003
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No Eb – 109 Scheme No.94, Opposite Bombay Hospital, Indore, Madhya Pradesh, India – 452010
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Nict Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Nict Technologies Private Limited

The main business activity of Nict Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Nict Technologies Private Limited FY 2024 filings available

Nict Technologies Private Limited reported revenue of ₹235.23 Cr (up 12% YoY) for FY 2025.

Revenue · FY 2025
₹235.23 Cr ▲ 12%
Net profit · FY 2025
₹6.24 Cr margin 2.7%
EBITDA · FY 2025
₹10.55 Cr margin 4.5%

Compounded Annual Growth Rate (CAGR) of Nict Technologies Private Limited

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 10%
5 years · compounded
▲ 12%
EBITDA CAGR growth
3 years · compounded
▲ 4%
5 years · compounded
▲ 10%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 12% growth 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 of Nict Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹10.55 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹6.24 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 of Nict Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.5%••••••••••••••••
Net Profit Margin2.7%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nict Technologies are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Nict Technologies Private Limited

Nict Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tietoevry India Private Limited••••••••••••••••-Pune, Maharashtra, India
Shro Systems Private Limited••••••••••••••••242Pune, Maharashtra, India
Toll (India) Logistics Private Limited.••••••••••••••••-Chennai, Tamil Nadu, India
63 Moons Technologies Limited Listed••••••••••••••••325Chennai, Tamil Nadu, India
Xtglobal Infotech Limited Listed••••••••••••••••509Hyderabad, Telangana, India
Nict Technologies Private Limited this company••••••••••••••••-Indore, Madhya Pradesh, India
Network Systems and Technologies Limited••••••••••••••••-Ernakulam, Kerala, India
Esconet Technologies Limited••••••••••••••••56New Delhi, Delhi, India
J K Technosoft Limited••••••••••••••••516Noida, Uttar Pradesh, India
Exela Technologies India Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Enhanced Software Solutions Private Limited••••••••••••••••242Kurla, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Nict Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Nict Technologies Private Limited

Nict Technologies Private Limited is audited by SHYAM G. KHANDELWAL & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
SHYAM G. KHANDELWAL & COLockedLockedLocked
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Board of Directors of Nict Technologies Private Limited

Nict Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Ownership and Shareholding of Nict Technologies Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Nict Technologies Private Limited

Open charges
₹12.59 Cr
Satisfied charges
₹6.78 Cr
Breakdown by lending institutions
Others₹10.11 Cr
Hdfc Bank Limited₹2.00 Cr
State Bank of India₹0.49 Cr
Latest charge details
DateLenderAmountStatus
22 Aug 2023State Bank of India₹48.5 LakhOpen
17 Jun 2023Others₹4.5 CrOpen
31 Dec 2019Others₹3.14 CrOpen
10 Dec 2019Hdfc Bank Limited₹2 CrOpen
23 Jul 2019Others₹1.1 CrOpen

Total charge records: 13 View all charges

Deals & Funding of Nict Technologies Private Limited

Nict Technologies Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2019.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2011Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 3 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Nict Technologies Private Limited

Nict Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 24 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Khetan Cable Network Private Limited••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Nict Technologies Private Limited

Nict Technologies operates one associated brand: Network for Information and Computer technology. Each brand links to its own profile.

BrandDescriptionWebsite
Social enterprise dedicated to empowerment, employment, and ICT-driven development in India.nict.co.in

Employees and EPFO Compliance at Nict Technologies Private Limited

Nict Technologies Private Limited has a workforce of 466 employees as of Apr 07, 2024.

Employee count
466
Active EPFO establishments
1
Employee growth
40.36%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Nict Technologies Private Limited

Nict Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Saksham Alternative Farming India Private LimitedU01122MP2010PTC024136Locked

Showing major subsidiaries. Total: 1.

Recent Activity on Nict Technologies Private Limited

Nict Technologies Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Mukesh Hajela ceased to be Director on 20 Jul 2019.

Charges
A charge registered on 02 May 2018 via Charge ID 100229156 with Others was fully satisfied on 06 Apr 2025.
AGM
Nict Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 450.00 Lakh registered on 17 Jun 2023 with Charge ID 100749805 was modified on 31 Jul 2024.
Charges
A charge registered on 29 Apr 2021 via Charge ID 100455692 with Others was fully satisfied on 16 May 2024.
Filing
Nict Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge registered on 15 Sep 2022 via Charge ID 100622921 with Others was fully satisfied on 14 Dec 2023.
Charges
A charge with State Bank Of India amounted to Rs. 48.50 Lakh with Charge ID 100819991 was registered on 22 Aug 2023.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 100749805 was registered on 17 Jun 2023.
Charges
A charge with Others amounted to Rs. 137.43 Lakh with Charge ID 100622921 was registered on 15 Sep 2022.
Charges
A charge with Others of Rs. 41.39 Lakh registered on 02 May 2018 with Charge ID 100229156 was modified on 14 Apr 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 200.00 Lakh registered on 10 Dec 2019 with Charge ID 100326611 was modified on 29 Oct 2021.
Charges
A charge registered on 14 May 2018 via Charge ID 100229158 with Others was fully satisfied on 24 May 2021.

20 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Nict Technologies Private Limited

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Subsidiaries & Group Companies of Nict Technologies Private Limited

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GST Compliance of Nict Technologies Private Limited

Nict Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AABCN8237C1ZTMadhya PradeshActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Nict Technologies Private Limited

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MCA filings and documents

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Frequently Asked Questions about Nict Technologies Private Limited

Nict Technologies is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 April 2003 (23+ years old) and is registered under CIN U72200MP2003PTC015766.

Nict Technologies reported revenue of ₹235.23 Cr for FY 2025 (up 12% YoY).

Nict Technologies has 3 current directors:

Nict Technologies reported a net profit of ₹6.24 Cr (net margin 2.7%) and EBITDA of ₹10.55 Cr (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Nict Technologies is 10% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Nict Technologies is 23AABCN8237C1ZT, registered in Madhya Pradesh.

The CIN (Corporate Identification Number) of Nict Technologies is U72200MP2003PTC015766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nict Technologies has 5 court cases on record: 3 filed against it. 2 are pending. Most are in the district courts.

Nict Technologies was incorporated on 29 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Gwalior.

Nict Technologies has 2 deals on record (2 secondary share transfers); the latest was in March 2019.

The peers of Nict Technologies by revenue are Tietoevry India Private Limited, Shro Systems Private Limited, Toll (India) Logistics Private Limited, 63 Moons Technologies Limited, Xtglobal Infotech Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).

Mukesh Hajela ceased to be Director on 20 Jul 2019. Jeetendra Choudhary ceased to be Managing Director on 04 Jul 2019. Mahendra Gupta ceased to be Whole-Time Director on 17 Jan 2018. Nict Technologies has 6 board changes on record in total.

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