MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0027314
Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals Pvt Ltd. - packaging in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.34 Cr
▼ 16% YoY
Net profit · FY 2025
₹5.18 Lakh
Net margin 3.9%
EBITDA · FY 2025
₹6.69 Lakh
EBITDA margin 5%
Authorised capital
₹19.5 Lakh
Registered with MCA
Paid-up capital
₹7.79 Lakh
Issued & subscribed
Company age
37 yrs
Est. 1989
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Nik Drugs & Chemicals Pvt Ltd.
Data last updated:
Nik Drugs & Chemicals Pvt Ltd. is a private limited company based in Indore, Madhya Pradesh, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 14 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24232MP1989PTC005299. Its GSTIN is 23AABCN5947R1ZV (Madhya Pradesh).
The company has an authorised share capital of ₹19.5 Lakh and a paid-up capital of ₹7.79 Lakh. It is led by directors Niket Agrawal and Ravindra Agrawal.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.34 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹5.18 Lakh (net margin 3.9%) and EBITDA of ₹6.69 Lakh (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
Court records list 2 cases involving the company, including 2 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18 Lakh; the latest was in March 2019. Its 10 peer companies in the Packaging industry (Industrial Packaging) are compared by revenue, 5 larger and 5 smaller; the largest is Crosslink Packaging Private Limited with revenue of ₹1.37 Cr. The company has 6 MSME Form 1 returns on record between 2020 and 2022, listing 20 overdue payments to 7 micro and small suppliers.
Nik Drugs & Chemicals Pvt Ltd. is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0027314). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Nik Drugs & Chemicals Pvt Ltd.
CIN U24232MP1989PTC005299
Registration Number 005299
Incorporation Date 14 June 1989
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0027314
Key People
Niket Agrawal Director Ravindra Agrawal Director Recognitions & Rankings of Nik Drugs & Chemicals
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address32 Readymade Complex, Pardeshipura, Indore, Madhya Pradesh, India – 452011
- IndustryPackaging, Industrial Packaging Solutions
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Business Activity of Nik Drugs & Chemicals Pvt Ltd.
The main business activity of Nik Drugs & Chemicals is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Nik Drugs & Chemicals Pvt Ltd. FY 2025 filings available
Nik Drugs & Chemicals Pvt Ltd. reported revenue of ₹1.34 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹1.34 Cr ▼ 16%
Net profit · FY 2025
₹5.18 Lakh margin 3.9%
EBITDA · FY 2025
₹6.69 Lakh margin 5%
Compounded Annual Growth Rate (CAGR) of Nik Drugs & Chemicals Pvt Ltd.
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 1%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 25%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 16% fall in the latest year. EBITDA fell 38% 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 Nik Drugs & Chemicals Pvt Ltd.
| 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 | ₹6.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.18 Lakh | •••• | •••• | •••• | •••• |
| 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 Nik Drugs & Chemicals Pvt Ltd.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| 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 Nik Drugs & Chemicals are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niket Agrawal Also directs: Nikunj Estates LLP, Kin Drugs & Chemicals Pvt Ltd., Ravikiran Textiles Pvt. Ltd. and 3 more | Director | 31 Aug 2018 | 8 Years 1 Months | Current |
| Ravindra Agrawal Also directs: Nikunj Estates LLP, Kin Drugs & Chemicals Pvt Ltd., Ravikiran Textiles Pvt. Ltd. and 4 more | Director | 11 Nov 1993 | 32 Years 11 Months | Current |
Peer Comparison of Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals Pvt Ltd. is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crosslink Packaging Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Thane, Maharashtra, India |
| Excel Paper Core and Tube Private Limited | ₹1.36 Cr (FY 2017) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Kanodia Packaging Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Uttar Pradesh, India |
| Aaroha Electrolight Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Pune, Maharashtra, India |
| Omkareshwar Packaging Private Limited | ₹1.34 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Delhi, India |
| Nik Drugs & Chemicals Pvt Ltd. this company | ₹1.34 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Indore, Madhya Pradesh, India |
| Competition Packaging Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Uday Leno Bags Private Limited | ₹1.33 Cr (FY 2024) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Saiemcie Enterprises Private Limited | ₹1.33 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Haridwar, Uttarakhand, India |
| SLPK Print Pack Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| BSS Packaging Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Nik Drugs & Chemicals by revenue in the Packaging industry (Industrial Packaging), 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 Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals Pvt Ltd. is audited by K.K. & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.K. & COMPANY | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Nik Drugs & Chemicals Pvt Ltd.
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals Pvt Ltd. does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals Pvt Ltd. has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18 Lakh; the latest was in March 2019.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹18 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Ravindra Agrawal Children Trust, 3 individuals |
| Mar 2012 | Funding round | ₹18 Lakh | Investors: 2 individuals |
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Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
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- Amounts and valuations
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals Pvt Ltd. has 2 court cases on record: 2 filed by Nik Drugs & Chemicals. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Court case (CONT) | Filed by the company against an individual | Disposed |
| High Court of Madhya Pradesh | Appeal | Filed by the company against State of Madhya Pradesh | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals Pvt Ltd. has 6 MSME Form 1 returns on record between 2020 and 2022, listing 20 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Halen Brothers | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
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- Period-by-period history
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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.
Employees and EPFO Compliance at Nik Drugs & Chemicals Pvt Ltd.
Employment history and EPFO contributions of people linked to Nik Drugs & Chemicals.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals Pvt Ltd. has 5 board changes on record since 1993: 2 appointments and 3 cessations. The latest: Niket Agrawal was appointed as Director on 31 Aug 2018.
AGM
Nik Drugs & Chemicals Pvt Ltd. last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Filing
Nik Drugs & Chemicals Pvt Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Niket Agrawal was appointed as Director.
Ceased
Nikunj Agrawal ceased to be Director.
Ceased
Niket Agrawal ceased to be Director.
Ceased
Dipak Kumar Bhatt ceased to be Director.
Appointed
Ravindra Agrawal was appointed as Director.
Incorporation
14 Jun 1989
Nik Drugs & Chemicals Pvt Ltd. was registered on 14 Jun 1989 with Roc Gwalior & aged 37 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Nik Drugs & Chemicals Pvt Ltd.
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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Subsidiaries & Group Companies of Nik Drugs & Chemicals Pvt Ltd.
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCN5947R1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Nik Drugs & Chemicals Pvt Ltd.
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Nik Drugs & Chemicals Pvt Ltd.
Nik Drugs & Chemicals is an active private limited company based in Indore, Madhya Pradesh, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 14 June 1989 (37+ years old) and is registered under CIN U24232MP1989PTC005299.
Nik Drugs & Chemicals reported revenue of ₹1.34 Cr for FY 2025 (down 16% YoY).
Nik Drugs & Chemicals has 2 current directors:
- Niket Agrawal - Director
- Ravindra Agrawal - Director
Nik Drugs & Chemicals reported a net profit of ₹5.18 Lakh (net margin 3.9%) and EBITDA of ₹6.69 Lakh (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nik Drugs & Chemicals is -1% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nik Drugs & Chemicals is 23AABCN5947R1ZV, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Nik Drugs & Chemicals is U24232MP1989PTC005299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nik Drugs & Chemicals has 2 court cases on record: 2 filed by the company.
Nik Drugs & Chemicals was incorporated on 14 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Gwalior.
Nik Drugs & Chemicals has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18 Lakh; the latest was in March 2019.
The peers of Nik Drugs & Chemicals by revenue are Crosslink Packaging Private Limited, Excel Paper Core and Tube Private Limited, Kanodia Packaging Private Limited, Aaroha Electrolight Private Limited, Omkareshwar Packaging Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Niket Agrawal was appointed as Director on 31 Aug 2018. Nikunj Agrawal ceased to be Director on 31 Aug 2018. Niket Agrawal ceased to be Director on 21 Feb 2015. Nik Drugs & Chemicals has 5 board changes on record in total.