About Nihilent Limited
Data last updated:
Nihilent Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Hatch Investments Mauritius Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2000PLC014934. Its GSTIN is 27AABCN0867G1ZH (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹73.05 Cr and a paid-up capital of ₹6.37 Cr. It was formerly known as Nihilent Technologies Limited and Nihilent Technologies Private Limited. It is led by directors including Lal Chandra Singh (Whole-Time Director) and Minoo Darab Dastur (Whole-Time Director).
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 Office No. 403 & 404 4th Floor Weikfield It Citi Infopark Nagar Road, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹430.86 Cr. For the same year it recorded a net loss of ₹2.69 Cr (net margin -0.6%) and EBITDA of ₹68.94 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 1,156 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Nihilent and Intellect Bizware. As per MCA filings, the company has open charges of ₹205.1 Cr and satisfied charges of ₹40.57 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 1 case is pending. The company has 18 deals on record (18 secondary share transfers); the latest was in January 2024. Its 5 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 3 smaller; the largest is Vasaka Promoters and Developers Private Limited with revenue of ₹551.09 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 105 overdue payments to 41 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 nihilent.com.
Company details
Name history
Nihilent has undergone 3 name changes throughout its history. The company was previously known as Nihilent Technologies Limited, Nihilent Technologies Private Limited, and Nihilent Limited. The current legal name is Nihilent Limited.
| Company Name | Status |
|---|---|
| Nihilent Limited | Current |
| Nihilent Technologies Limited | Previous |
| Nihilent Technologies Private Limited | Previous |
CIN history
Nihilent has one previous CIN (Corporate Identification Number): U72900PN2000PTC014934. The current CIN is U72900PN2000PLC014934, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900PN2000PLC014934 | Current |
| U72900PN2000PTC014934 | Previous |
Contact details
Nihilent Limited's registered office is in Pune, Maharashtra. Its website is nihilent.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 403 & 404 4th Floor Weikfield It Citi Infopark Nagar Road, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nihilent 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 operates two associated brands: Nihilent and Intellect Bizware. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT suite services are provided across multiple industries by Nihilent. | nihilent.com | |
| ERP services are provided to enterprises by Intellect Bizware. | intellectbizware.com |
Business activity
The main business activity of Nihilent 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 Limited, buy the company report.
Financials of Nihilent Limited
FY 2025 filings availableNihilent Limited reported revenue of ₹430.86 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years. 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 | ₹430.86 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹68.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.69 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | -0.6% | ||||
| 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 Limited, buy the company report.
Board of directors and KMP of Nihilent Limited
Nihilent Limited currently reports 4 directors and 1 key managerial person. 20 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apurva Pradeep Joshi Also directs: Associated Alcohols & Breweries Ltd., Paramount Speciality Forgings Limited, Precision Camshafts Limited and 5 more | Director | 02 Dec 2021 | 4 Years 11 Months | Current |
| Shubhabrata Banerjee Also directs: Intellect Bizware Services Private Limited | Cfo | 07 Dec 2015 | 10 Years 11 Months | Current |
| Lal Chandra Singh | Whole-Time Director | 29 May 2000 | 26 Years 5 Months | Current |
| Minoo Darab Dastur Also directs: Intellect Bizware Services Private Limited | Whole-Time Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| William Bruce Grahame Padfield | Additional Director | 28 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Nihilent Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasaka Promoters and Developers Private Limited | ₹551.09 Cr (FY 2024) | -29.0% | Bangalore, Karnataka, India | |||
| Moveinsync Technology Solutions Private Limited | ₹548.38 Cr (FY 2025) | 25.0% | Bangalore, Karnataka, India | |||
| Thales Dis Technology India Private Limited | ₹538.57 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| HP PPS Services India Private Limited | ₹537.5 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Darwinbox Digital Solutions Private Limited | ₹533.87 Cr (FY 2025) | 36.0% | Hyderabad, Telangana, India | |||
| Nihilent Limitedthis company | ₹430.86 Cr (FY 2025) | -₹2.69 Cr | -0.6% | 1,156 | Pune, Maharashtra, India |
To see the full peer comparison of Nihilent Limited, buy the company report.
Auditor
Nihilent Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2025 | 012754N/N500016 |
Shareholding
The shareholding of Nihilent Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nihilent Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2024 | 100862915 | Others | ₹205.1 Cr | Open | |
| 28 Aug 2019 | 100288105 | Others | ₹10 Cr | Satisfied | |
| 11 Feb 2019 | 100252599 | Others | ₹3 Cr | Satisfied | |
| 14 Dec 2015 | 10611182 | Firstrand Bank Limited | ₹12 Cr | Satisfied | |
| 27 Oct 2015 | 10606838 | Firstrand Bank Limited | ₹39.8 Lakh | Satisfied |
To see the full charge records of Nihilent Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Nihilent Limited has 18 deals on record (18 secondary share transfers); the latest was in January 2024.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Arcalis Technologies Private Limited Seller: an individual |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Arcalis Technologies Private Limited Seller: Hatch Investments (Mauritius) Limited |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Nihilent Employee Welfare Trust |
| Aug 2006 | Secondary share transfer | Undisclosed | Buyer: Vastu IT Private Limited Seller: Hatch Investments (Mauritius) Limited |
To see the full deal history of Nihilent Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nihilent Limited has 11 court cases on record: 5 filed by Nihilent, 6 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 1 |
| District courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 2 | Pending |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income-Tax-Ii. Pune | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax-Ii Pune | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax -2, Pune | Disposed |
| Supreme Court | Court case (0320-Direct Taxes Matter : Re-assessment/Revisional Power/Rectification) | Filed against the company by Dy. Commissioner of Income Tax . | Disposed |
To see the full case history of Nihilent 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
Nihilent Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 105 overdue payments to 41 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 (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Corporate Investigations India Private Limited | |||
| Eilisys Technologies Private Limited | |||
| an individual supplier | |||
| Micropoint Computers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Nihilent Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nihilent has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Intellect Bizware Services Private Limited | U72300MH2009PTC192567 | |
| Seventh August IT Services Private Limited | U93000PN2007PTC130679 |
To see the full group structure of Nihilent Limited, buy the company report.
Employees & EPFO
Nihilent Limited has a workforce of 1,156 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,156 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nihilent Limited, buy the company report.
GST
Nihilent has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN0867G1ZH | Maharashtra | Active | 01 Jul 2017 |
| 19AABCN0867G1ZE | West Bengal | Active | 24 Jul 2017 |
| 33AABCN0867G1ZO | Tamil Nadu | Active | 06 Dec 2017 |
| 27AABCN0867G2ZG | Maharashtra | Active | 26 Feb 2025 |
To see the full GST registrations and return filing status of Nihilent Limited, buy the company report.
Recent activity
Nihilent Limited has 27 board changes on record since 2000: 8 appointments and 19 cessations. The latest: William Bruce Grahame Padfield was appointed as Additional Director on 28 Oct 2025.
36 earlier events are in the company report.
News
Frequently asked questions
Nihilent is an active public limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 May 2000 (26+ years old) and is registered under CIN U72900PN2000PLC014934.
Nihilent has 5 current directors and KMP:
- Lal Chandra Singh - Whole-Time Director
- Minoo Darab Dastur - Whole-Time Director
- Apurva Pradeep Joshi - Director
- William Bruce Grahame Padfield - Additional Director
- Shubhabrata Banerjee - Cfo
The latest financial statements of Nihilent 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 Nihilent is 27AABCN0867G1ZH, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 19AABCN0867G1ZE (West Bengal), 33AABCN0867G1ZO (Tamil Nadu), 27AABCN0867G2ZG (Maharashtra).
The CIN (Corporate Identification Number) of Nihilent is U72900PN2000PLC014934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nihilent has 11 court cases on record: 5 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Nihilent was incorporated on 29 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
Nihilent has 18 deals on record (18 secondary share transfers); the latest was in January 2024.
The peers of Nihilent by revenue are Vasaka Promoters and Developers Private Limited, Moveinsync Technology Solutions Private Limited, Thales Dis Technology India Private Limited, HP PPS Services India Private Limited, Darwinbox Digital Solutions Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
William Bruce Grahame Padfield was appointed as Additional Director on 28 Oct 2025. Apurva Pradeep Joshi ceased to be Additional Director on 30 Sep 2022. John Alexander Lombard ceased to be Additional Director on 30 Sep 2022. Nihilent has 27 board changes on record in total.
Nihilent has 12 MSME Form 1 returns on record between 2019 and 2024, listing 105 overdue payments to 41 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Nihilent can be reached through the website nihilent.com. Its registered office is in Pune, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
