About Nikhil Thermoplast Limited
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Nikhil Thermoplast Limited is a public limited company based in New Delhi, Delhi, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 09 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25209DL2005PLC139506. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.75 Lakh. It is led by directors including Anshul Jain and Sujata Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at M – 15 Badli Industrial Areaphase I, New Delhi, Delhi, India – 110042.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.8 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹2.49 Lakh (net margin -138.2%) and EBITDA of -₹3.9 Lakh (EBITDA margin -216.4%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 65% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.18 Cr and satisfied charges of ₹2.28 Cr on record. Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nikhilgroup.com.
Company details
Contact details
Nikhil Thermoplast Limited's registered office is in New Delhi, Delhi. Its website is nikhilgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressM – 15 Badli Industrial Areaphase I, New Delhi, Delhi, India – 110042
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
To see the full contact details of Nikhil Thermoplast 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
Financials of Nikhil Thermoplast Limited
FY 2024 filings availableNikhil Thermoplast Limited reported revenue of ₹1.8 Lakh (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 98% fall 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 | ₹1.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.49 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -216.4% | ||||
| Net Profit Margin | -138.2% | ||||
| 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 Nikhil Thermoplast Limited, buy the company report.
Board of directors of Nikhil Thermoplast Limited
Nikhil Thermoplast has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshul Jain | Director | 09 Aug 2005 | 21 Years 2 Months | Current |
| Sujata Jain | Director | 01 Oct 2010 | 16 Years 1 Months | Current |
| Navin Jain Also directs: Nikhil Industries Private Limited | Director | 04 Jul 2023 | 3 Years 4 Months | Current |
Auditor
Nikhil Thermoplast Limited is audited by Bansal S & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bansal S & Associates | FY 2023 | 028357N |
Shareholding
The shareholding of Nikhil Thermoplast 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 Thermoplast Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2007 | 10049223 | The Federal Bank Ltd. | ₹20 Lakh | Open | |
| 11 Aug 2006 | 10017489 | The Federal Bank Ltd. | ₹98 Lakh | Open | |
| 24 Dec 2008 | 10163086 | Asset Reconstruction Company (India) Limited | ₹50 Lakh | Satisfied | |
| 28 Aug 2008 | 10120041 | Asset Reconstruction Company (India) Limited | ₹3 Lakh | Satisfied | |
| 28 Aug 2008 | 10119990 | Asset Reconstruction Company (India) Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Nikhil Thermoplast Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Nikhil Thermoplast Limited has 14 court cases on record: 3 filed by Nikhil Thermoplast, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 0 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Savita Oil Technologies Ltd. | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd. | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by Intec Capital Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
| High Court of Delhi | Tax appeal | Filed by the company against The Commissioner of CGST, New Delhi | Disposed |
To see the full case history of Nikhil Thermoplast 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 Thermoplast Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nikhil Thermoplast has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nikhil Thermoplast Limited, buy the company report.
Recent activity
Nikhil Thermoplast Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Navin Jain was appointed as Director on 04 Jul 2023.
15 earlier events are in the company report.
Frequently asked questions
Nikhil Thermoplast is an active public limited company based in New Delhi, Delhi, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 09 August 2005 (21+ years old) and is registered under CIN U25209DL2005PLC139506.
Nikhil Thermoplast has 3 current directors:
- Anshul Jain - Director
- Sujata Jain - Director
- Navin Jain - Director
The latest financial statements of Nikhil Thermoplast on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Nikhil Thermoplast has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Nikhil Thermoplast is U25209DL2005PLC139506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhil Thermoplast has 14 court cases on record: 3 filed by the company and 11 filed against it. Most are in the district courts.
Nikhil Thermoplast was incorporated on 09 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Navin Jain was appointed as Director on 04 Jul 2023. Santosh Jain ceased to be Additional Director on 04 Jul 2023. Nikhil Jain ceased to be Additional Director on 17 Mar 2021. Nikhil Thermoplast has 7 board changes on record in total.
Nikhil Thermoplast can be reached through the website nikhilgroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Nikhil Thermoplast is at M – 15 Badli Industrial Areaphase I, New Delhi, Delhi, India – 110042.
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