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.
Name History of Nidec Drive Technology India Private Limited
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 |
- EmailLocked
- TelephoneLocked
- 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
- 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
- One PDF report, delivered after checkout
Business Activity of Nidec Drive Technology India Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nidec Drive Technology India Private Limited FY 2025 filings available
Nidec Drive Technology India Private Limited reported revenue of ₹68.05 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nidec Drive Technology India Private Limited
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 of Nidec Drive Technology India Private Limited
| 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 | ₹19.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.32 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 Nidec Drive Technology India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21% | •••• | •••• | •••• | •••• |
| 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 Nidec Drive Technology India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of Nidec Drive Technology India Private Limited
Nidec Drive Technology India Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jatson Power Private Limited | ₹68.7 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Valsad, Gujarat, India |
| New India Electricals Limited | ₹68.49 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Bengaluru, Karnataka, India |
| Ultravera Industries Private Limited | ₹68.47 Cr (FY 2023) | •••• | •••• | 169.0% | •••• | Ahmedabad, Gujarat, India |
| International Transmission Limited | ₹68.42 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Adi Automotives Private Limited | ₹68.38 Cr (FY 2018) | •••• | •••• | -4.0% | •••• | Gurgaon, Haryana, India |
| Nidec Drive Technology India Private Limited this company | ₹68.05 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Aditya Birla Power Composites Limited | ₹68.01 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Halol- Kalol Road, Gujarat, India |
| Core Metal Krafts Limited | ₹67.76 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Chandigarh, 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 |
| Star Power Distribution Private Limited | ₹67.52 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Nidec Drive Technology India by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nidec Drive Technology India Private Limited
Nidec Drive Technology India Private Limited is audited by MANU SUBRAMANI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANU SUBRAMANI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nidec Drive Technology India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nidec Drive Technology India Private Limited
Nidec Drive Technology India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nidec Drive Technology India Private Limited
Employment history and EPFO contributions of people linked to Nidec Drive Technology India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nidec Drive Technology India Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nidec Drive Technology India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nidec Drive Technology India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nidec Drive Technology India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nidec Drive Technology India Private Limited
Nidec Drive Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN5573H1Z4 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nidec Drive Technology India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Nidec Drive Technology India Private Limited
Frequently Asked Questions about Nidec Drive Technology India Private Limited
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 reported revenue of ₹68.05 Cr for FY 2025 (up 20% YoY).
Nidec Drive Technology India has 3 current directors:
- Vishwanath Subbaram Kylanoor - Director
- Genta Hirosawa - Director
- Koji Shimano - Director
Nidec Drive Technology India reported a net profit of ₹14.32 Cr (net margin 21%) and EBITDA of ₹19.79 Cr (EBITDA margin 29.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nidec Drive Technology India is 22% over three years and 30% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
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, New India Electricals Limited, Ultravera Industries Private Limited, International Transmission Limited, Adi Automotives Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
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.