About Nidec Drive Technology India Private Limited
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Nidec Drive Technology India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Nidec Shimpo Corporation-Japan. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 11 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51103KA2011FTC057543. Its GSTIN is 29AADCN5573H1Z4 (Karnataka).
The company has an authorised share capital of ₹4.8 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Nidec-Shimpo India Manufacturing Private Limited and Nidec-Shimpo India Sales & Trading Private Limited. It is led by directors including Vishwanath Subbaram Kylanoor and Genta Hirosawa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 40/32/50/1/2 Nagavara Village Kasaba Hobli Near Ring Road Veerannapalya Ac Post, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.05 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹14.32 Cr (net margin 21%) and EBITDA of ₹19.79 Cr (EBITDA margin 29.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nidec.com.
Company details
Name history
Nidec Drive Technology India has undergone 2 name changes throughout its history. The company was previously known as Nidec-Shimpo India Manufacturing Private Limited, and Nidec-Shimpo India Sales & Trading Private Limited. The current legal name is Nidec Drive Technology India Private Limited.
| Company Name | Status |
|---|---|
| Nidec Drive Technology India Private Limited | Current |
| Nidec-Shimpo India Manufacturing Private Limited | Previous |
| Nidec-Shimpo India Sales & Trading Private Limited | Previous |
Contact details
Nidec Drive Technology India Private Limited's registered office is in Bangalore, Karnataka. Its website is nidec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 40/32/50/1/2 Nagavara Village Kasaba Hobli Near Ring Road Veerannapalya Ac Post, Bangalore, Karnataka, India – 560045
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Nidec Drive Technology India 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 Nidec Drive Technology India are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Nidec Drive Technology India Private Limited, buy the company report.
Financials of Nidec Drive Technology India Private Limited
FY 2025 filings availableNidec Drive Technology India Private Limited reported revenue of ₹68.05 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 20% growth in the latest year. EBITDA rose 52% 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 |
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| EBITDA | ₹19.79 Cr | ||||
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| Net Profit (PAT) | ₹14.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 29.1% | ||||
| Net Profit Margin | 21% | ||||
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To see the full financial statements and ratios of Nidec Drive Technology India Private Limited, buy the company report.
Board of directors of Nidec Drive Technology India Private Limited
Nidec Drive Technology India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Subbaram Kylanoor | Director | 12 Sep 2014 | 12 Years 1 Months | Current |
| Genta Hirosawa | Director | 15 Oct 2025 | 1 Years 0 Months | Current |
| Koji Shimano | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Nidec Drive Technology India Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Jatson Power Private Limited | ₹68.7 Cr (FY 2025) | 48.0% | Valsad, Gujarat, India | |||
| Nidec Drive Technology India Private Limitedthis company | ₹68.05 Cr (FY 2025) | ₹14.32 Cr | 21% | 20.0% | Bangalore, Karnataka, India | |
| Aditya Birla Power Composites Limited | ₹68.01 Cr (FY 2025) | 147.0% | Halol- Kalol Road, Gujarat, India | |||
| Oblum Electrical Industries Pvt Ltd | ₹67.73 Cr (FY 2024) | 38.0% | Telangana, India | |||
| Electronic Instrumentation and Control Pvt Ltd | ₹67.62 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nidec Drive Technology India Private Limited, buy the company report.
Auditor
Nidec Drive Technology India Private Limited is audited by MANU SUBRAMANI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANU SUBRAMANI & CO | FY 2022 | 012858S |
Shareholding
The shareholding of Nidec Drive Technology India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nidec Drive Technology India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nidec Drive Technology India 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 Nidec Drive Technology India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nidec Drive Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN5573H1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nidec Drive Technology India Private Limited, buy the company report.
Recent activity
Nidec Drive Technology India Private Limited has 13 board changes on record since 2011: 8 appointments and 5 cessations. The latest: Genta Hirosawa was appointed as Director on 15 Oct 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Nidec Drive Technology India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 11 March 2011 (15+ years old) and is registered under CIN U51103KA2011FTC057543.
Nidec Drive Technology India has 3 current directors:
- Vishwanath Subbaram Kylanoor - Director
- Genta Hirosawa - Director
- Koji Shimano - Director
The latest financial statements of Nidec Drive Technology India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nidec Drive Technology India is 29AADCN5573H1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Nidec Drive Technology India is U51103KA2011FTC057543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nidec Drive Technology India was incorporated on 11 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nidec Drive Technology India by revenue are Jatson Power Private Limited, Aditya Birla Power Composites Limited, Oblum Electrical Industries Pvt Ltd, Electronic Instrumentation and Control Pvt Ltd, 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).
Genta Hirosawa was appointed as Director on 15 Oct 2025. Hiroshi Mukai ceased to be Director on 28 Mar 2025. Tatsuya Nishimoto ceased to be Director on 06 Nov 2024. Nidec Drive Technology India has 13 board changes on record in total.
Nidec Drive Technology India can be reached through the website nidec.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Nidec Drive Technology India is at No. 40325012 Nagavara Village Kasaba Hobli Near Ring Road Veerannapalya Ac Post, Bangalore, Karnataka, India – 560045.
Nidec Drive Technology India operates in the energy and power industry, in the power equipment manufacturers segment.