- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-17-0031589

Nikhil Pulses Private Limited
About Nikhil Pulses Private Limited
Data last updated:
Nikhil Pulses Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 20 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U15313RJ2001PTC017145. Its GSTIN is 08AABCN3927B1ZS (Rajasthan).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60.08 Lakh. It is led by directors Sanjay Agarwal and Nikhil Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 194 – C Industrial Area Jhotwara, Jaipur, Rajasthan, India – 302012.
As per the financials filed for FY 2023, the company reported a revenue of ₹119.48 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹23.5 Lakh (net margin 0.2%) and EBITDA of ₹1.71 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹13.96 Cr and satisfied charges of ₹60 Lakh on record. Court records list 22 cases involving the company, including 15 filed by the company and 7 filed against it; 2 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹14.5 Lakh; the latest was in October 2018.
Nikhil Pulses Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0031589). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Nikhil Pulses
Contact details
Nikhil Pulses Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address194 – C Industrial Area Jhotwara, Jaipur, Rajasthan, India – 302012
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Nikhil Pulses 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 activity of Nikhil Pulses is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nikhil Pulses Private Limited, buy the company report.
Financials of Nikhil Pulses Private Limited
FY 2023 filings availableNikhil Pulses Private Limited reported revenue of ₹119.48 Cr (up 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 24% growth in the latest year. EBITDA fell 2% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹119.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.5 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nikhil Pulses Private Limited, buy the company report.
Board of directors of Nikhil Pulses Private Limited
Nikhil Pulses has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Agarwal | Director | 08 Jan 2018 | 8 Years 9 Months | Current |
| Nikhil Agarwal | Director | 26 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Nikhil Pulses Private Limited is audited by TEMANI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEMANI AND ASSOCIATES | FY 2023 | 004621C |
Shareholding
The shareholding of Nikhil Pulses 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 Nikhil Pulses Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2021 | 100497039 | Others | ₹99 Lakh | Open | |
| 26 Jun 2020 | 100349254 | Others | ₹1.97 Cr | Open | |
| 23 Apr 2020 | 100336499 | Others | ₹1 Cr | Open | |
| 13 Feb 2002 | 90073958 | Others | ₹10 Cr | Open | |
| 03 Mar 2004 | 90075346 | Punjab National Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Nikhil Pulses Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Nikhil Pulses Private Limited has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹14.5 Lakh; the latest was in October 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2018 | Rights issue | ₹42.1 Lakh | Investors: 3 individuals |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹14.5 Lakh | Investors: Aeran Foods Private Limited , 3 individuals |
To see the full deal history of Nikhil Pulses Private 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
Nikhil Pulses Private Limited has 22 court cases on record: 15 filed by Nikhil Pulses, 7 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 0 | 2 |
| District courts | 7 | 7 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Yes Bank Ltd. | Disposed |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Axis Finance Ltd. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Civil miscellaneous application | Filed against the company by Yes Bank Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Pending |
To see the full case history of Nikhil Pulses Private 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 Nikhil Pulses Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nikhil Pulses has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCN3927B1ZS | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nikhil Pulses Private Limited, buy the company report.
Recent activity
Nikhil Pulses Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Mahendra Kumar Agarwal ceased to be Director on 26 Sep 2018.
6 earlier events are in the company report.
Frequently asked questions
Nikhil Pulses is an active private limited company based in Jaipur, Rajasthan, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 20 August 2001 (25+ years old) and is registered under CIN U15313RJ2001PTC017145.
Nikhil Pulses has 2 current directors:
- Sanjay Agarwal - Director
- Nikhil Agarwal - Director
The latest financial statements of Nikhil Pulses on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Nikhil Pulses is 08AABCN3927B1ZS, registered in Rajasthan.
The CIN (Corporate Identification Number) of Nikhil Pulses is U15313RJ2001PTC017145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhil Pulses has 22 court cases on record: 15 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Nikhil Pulses was incorporated on 20 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Jaipur.
Nikhil Pulses has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹14.5 Lakh; the latest was in October 2018.
Mahendra Kumar Agarwal ceased to be Director on 26 Sep 2018. Nikhil Agarwal ceased to be Additional Director on 25 Sep 2018. Sanjay Agarwal ceased to be Additional Director on 25 Sep 2018. Nikhil Pulses has 6 board changes on record in total.
Yes, Nikhil Pulses is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0031589).