About Nihilent Analytics Limited
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Nihilent Analytics Limited was a public limited company based in Pune, Maharashtra, India, operated as a subsidiary of Nihilent Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business process outsourcing sector. It was incorporated on 27 July 1992.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U30009PN1992PLC176286. Its GSTIN is 19AABCC7472N1Z3 (West Bengal). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹33 Cr and a paid-up capital of ₹21.45 Cr. It was formerly known as Icra Techno Analytics Private Limited and Computer Exchange Private Limited. It was led by directors including Vineet Satish Bahal (Managing Director) and Shubhabrata Banerjee.
Its last annual general meeting (AGM) was held on 29 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 8th Floor B Block Weikfield It Citi Infopark Nagar Road, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2020, the company reported a revenue of ₹29.44 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹10.7 Cr (net margin 36.4%) and EBITDA of ₹16.04 Cr (EBITDA margin 54.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company had about 116 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Nihilent and ICRA Techno Analytics. As per MCA filings, the company had open charges of ₹8.5 Lakh and satisfied charges of ₹21 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (2 acquisitions); the latest was in August 2016.
The last known website on record is nihilentanalytics.com.
Company details
Name history
Nihilent Analytics has undergone 3 name changes throughout its history. The company was previously known as Icra Techno Analytics Private Limited, Computer Exchange Private Limited, and Icra Techno Analytics Limited. The current legal name is Nihilent Analytics Limited.
| Company Name | Status |
|---|---|
| Nihilent Analytics Limited | Current |
| Icra Techno Analytics Private Limited | Previous |
| Computer Exchange Private Limited | Previous |
| Icra Techno Analytics Limited | Previous |
CIN history
Nihilent Analytics has one previous CIN (Corporate Identification Number): U30009WB1992PLC056060. The current CIN is U30009PN1992PLC176286, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30009PN1992PLC176286 | Current |
| U30009WB1992PLC056060 | Previous |
Contact details
Nihilent Analytics Limited's registered office is in Pune, Maharashtra. Its website is nihilentanalytics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8th Floor B Block Weikfield It Citi Infopark Nagar Road, Pune, Maharashtra, India – 411014
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Nihilent Analytics 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
Brands
Nihilent Analytics operates two associated brands: Nihilent and ICRA Techno Analytics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT suite services are provided across multiple industries by Nihilent. | nihilent.com | |
| BPA IT services are provided to businesses. | icteas.com |
Business activity
The main business activity of Nihilent Analytics is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Nihilent Analytics Limited, buy the company report.
Financials of Nihilent Analytics Limited
FY 2020 filings availableNihilent Analytics Limited reported revenue of ₹29.44 Cr (up 5% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 5% growth in the latest year. EBITDA rose 20% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.7 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.5% | ||||
| Net Profit Margin | 36.4% | ||||
| 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 Nihilent Analytics Limited, buy the company report.
Board of directors and KMP of Nihilent Analytics Limited
Nihilent Analytics Limited currently reports 5 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Pandey | Cfo | 04 May 2020 | 6 Years 6 Months | As last reported |
| Shubhabrata Banerjee Also directs: Intellect Bizware Services Private Limited, Nihilent Limited | Director | 07 Oct 2016 | 10 Years 1 Months | As last reported |
| Vineet Satish Bahal Also directs: Seventh August IT Services Private Limited | Managing Director | 02 Apr 2018 | 8 Years 7 Months | As last reported |
| Uddesh Kumar Kohli | Director | 29 Mar 2013 | 13 Years 7 Months | As last reported |
| Minoo Darab Dastur Also directs: Intellect Bizware Services Private Limited, Nihilent Limited | Director | 07 Oct 2016 | 10 Years 1 Months | As last reported |
| Ashok Kasaragod Kini | Director | 29 Mar 2017 | 9 Years 7 Months | As last reported |
Auditor
Nihilent Analytics Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2020 | 012754N/N500016 |
Shareholding
The shareholding of Nihilent Analytics Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nihilent Analytics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2003 | 90247280 | Syndicate Bank | ₹8.5 Lakh | Open | |
| 07 Jun 2013 | 10439329 | Housing Development Finance Corporation Limited | ₹10.5 Cr | Satisfied | |
| 07 Jun 2013 | 10439332 | Housing Development Finance Corporation Limited | ₹10.5 Cr | Satisfied |
To see the full charge records of Nihilent Analytics Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Nihilent Analytics Limited has 2 deals on record (2 acquisitions); the latest was in August 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Acquisition | ₹68.69 Cr | Buyer: Nihilent Limited Seller: Icra Limited |
| Aug 2005 | Acquisition | ₹4.5 Cr | Buyer: Icra Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nihilent Analytics Limited has 1 court case on record: 1 filed by Nihilent Analytics. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against In the Matter of Axiom Technologies Limited | Disposed |
To see the full case history of Nihilent Analytics 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 Nihilent Analytics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nihilent Analytics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCC7472N1Z3 | West Bengal | Active | 01 Jul 2017 |
| 27AABCC7472N1Z6 | Maharashtra | Active | 25 Jul 2018 |
To see the full GST registrations and return filing status of Nihilent Analytics Limited, buy the company report.
Recent activity
Nihilent Analytics Limited has 20 board changes on record since 2008: 6 appointments and 14 cessations. The latest: Akash Pandey was appointed as CFO on 04 May 2020.
17 earlier events are in the company report.
Frequently asked questions
Nihilent Analytics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nihilent Analytics was a public limited company based in Pune, Maharashtra, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 27 July 1992 and is registered under CIN U30009PN1992PLC176286. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nihilent Analytics was incorporated on 27 July 1992. It is registered with the Registrar of Companies, Pune.
Nihilent Analytics had 6 directors and KMP:
- Vineet Satish Bahal - Managing Director
- Shubhabrata Banerjee - Director
- Uddesh Kumar Kohli - Director
- Minoo Darab Dastur - Director
- Ashok Kasaragod Kini - Director
- Akash Pandey - Cfo
The CIN (Corporate Identification Number) of Nihilent Analytics is U30009PN1992PLC176286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nihilent Analytics is at 8th Floor B Block Weikfield It Citi Infopark Nagar Road, Pune, Maharashtra, India – 411014.
Nihilent Analytics can be reached through the website nihilentanalytics.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Nihilent Analytics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Nihilent Analytics is 19AABCC7472N1Z3, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCC7472N1Z6 (Maharashtra).
Nihilent Analytics operated in the business outsourcing industry, in the business process outsourcing segment.
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