MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-20-0011182
Niki Panel Products Private Limited
Niki Panel Products Private Limited - manufacturing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.91 Cr
▼ 34% YoY
Net profit · FY 2024
₹1.19 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹30.27 Lakh
EBITDA margin 15.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.33 Cr
Satisfied ₹1.57 Cr
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Niki Panel Products Private Limited
Data last updated:
Niki Panel Products Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 09 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U20299TG2016PTC110788. Its GSTIN is 36AAFCN7180G1ZA (Telangana).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Ambalal Patel and Nikhil Patel.
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 Plot No. A – 17/3 Next To Telephone Exchange Ida Nacharam, Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.91 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Lakh (net margin 0.6%) and EBITDA of ₹30.27 Lakh (EBITDA margin 15.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹1.33 Cr and satisfied charges of ₹1.57 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Niki Panel Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0011182). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U20299TG2016PTC110788
Registration Number 110788
Incorporation Date 09 July 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-20-0011182
Key People
Ambalal Patel Director Nikhil Patel Director Recognitions & Rankings of Niki Panel Products
Contact details
Niki Panel Products Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. A – 17/3 Next To Telephone Exchange Ida Nacharam, Hyderabad, Telangana, India – 500076
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Niki Panel Products Private Limited, buy the company report.
Comprehensive company report
Niki Panel Products Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Niki Panel Products is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Niki Panel Products Private Limited, buy the company report.
Financials of Niki Panel Products Private Limited
FY 2025 filings availableNiki Panel Products Private Limited reported revenue of ₹1.91 Cr (down 34% YoY) for FY 2024.
Revenue · FY 2024
₹1.91 Cr ▼ 34%
Net profit · FY 2024
₹1.19 Lakh margin 0.6%
EBITDA · FY 2024
₹30.27 Lakh margin 15.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 12%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 19%
5 years · compounded
▲ 23%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 34% fall in the latest year. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹30.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.19 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| 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 Niki Panel Products Private Limited, buy the company report.
Board of directors of Niki Panel Products Private Limited
Niki Panel Products has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambalal Patel Also directs: Geeta Ply Boards Private Limited | Director | 09 Jul 2016 | 10 Years 3 Months | Current |
| Nikhil Patel Also directs: Geeta Ply Boards Private Limited | Director | 09 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Niki Panel Products Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goldwood Ply Industry Private Limited | ₹1.95 Cr (FY 2024) | 52.0% | Kalyan, Maharashtra, India | |||
| Praveshdwar Industries Private Limited | ₹1.94 Cr (FY 2025) | 323.0% | Indore, Madhya Pradesh, India | |||
| Bidesh Plywood Factory Pvt Ltd | ₹1.92 Cr (FY 2019) | 69.0% | Siliguri, West Bengal, India | |||
| Niki Panel Products Private Limitedthis company | ₹1.91 Cr (FY 2024) | ₹1.19 Lakh | 0.6% | -34.0% | Hyderabad, Telangana, India | |
| Star Plylam Limited | ₹1.89 Cr (FY 2025) | 33.0% | Chandigarh Ut, Chandigarh, India | |||
| Pineclad Exim Private Limited | ₹1.89 Cr (FY 2022) | 20.0% | Indore, Madhya Pradesh, India | |||
| Dee Pee Block Board Private Limited | ₹1.88 Cr (FY 2024) | 179.0% | North 24 Parganas, West Bengal, India |
To see the full peer comparison of Niki Panel Products Private Limited, buy the company report.
Auditor
Niki Panel Products Private Limited is audited by BAJARANGLAL JHAWAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAJARANGLAL JHAWAR & CO | FY 2022 | 000317S |
Shareholding
The shareholding of Niki Panel Products Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Niki Panel Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.33 Cr
Satisfied charges
₹1.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2021 | 100455857 | Others | ₹1.17 Cr | Open | |
| 08 Apr 2021 | 100470825 | Hdfc Bank Limited | ₹16.07 Lakh | Open | |
| 13 Aug 2020 | 100374709 | Lakshmi Vilas Bank Limited | ₹6.58 Lakh | Satisfied | |
| 11 Jan 2019 | 100230600 | Lakshmi Vilas Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Niki Panel Products Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Niki Panel Products Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S. Greenpanel Industries Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Pratish Ghanshyambhai Mehta - M/S Panchamrut Panel Pvt.Ltd. | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (CR EN) | Filed against the company by Pratish Ghanshyambhai Mehta - M/S Panchamrut Panel Pvt.Ltd. | Disposed |
To see the full case history of Niki Panel Products 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 Niki Panel Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niki Panel Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCN7180G1ZA | Telangana | Active | 11 May 2018 |
To see the full GST registrations and return filing status of Niki Panel Products Private Limited, buy the company report.
Recent activity
Niki Panel Products Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Nitin Patel ceased to be Additional Director on 25 Jul 2018.
AGM
Niki Panel Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Niki Panel Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge registered on 13 Aug 2020 via Charge ID 100374709 with Lakshmi Vilas Bank Limited was fully satisfied on 16 Feb 2023.
Charges
A charge registered on 11 Jan 2019 via Charge ID 100230600 with Lakshmi Vilas Bank Limited was fully satisfied on 16 Feb 2023.
Charges
A charge with Others of Rs. 116.94 Lakh registered on 01 Jun 2021 with Charge ID 100455857 was modified on 01 Sep 2022.
Charges
A charge with Others amounted to Rs. 116.94 Lakh with Charge ID 100455857 was registered on 01 Jun 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.07 Lakh with Charge ID 100470825 was registered on 08 Apr 2021.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 6.58 Lakh with Charge ID 100374709 was registered on 13 Aug 2020.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100230600 was registered on 11 Jan 2019.
Ceased
Nitin Patel ceased to be Additional Director.
Appointed
Ambalal Patel was appointed as Director.
Appointed
Nikhil Patel was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Niki Panel Products is an active private limited company based in Hyderabad, Telangana, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 09 July 2016 (10+ years old) and is registered under CIN U20299TG2016PTC110788.
Niki Panel Products has 2 current directors:
- Ambalal Patel - Director
- Nikhil Patel - Director
The latest financial statements of Niki Panel Products 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 FY 2017 are in the company report.
The GSTIN of Niki Panel Products is 36AAFCN7180G1ZA, registered in Telangana.
The CIN (Corporate Identification Number) of Niki Panel Products is U20299TG2016PTC110788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niki Panel Products has 3 court cases on record: 3 filed against it. 2 are pending.
Niki Panel Products was incorporated on 09 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Niki Panel Products by revenue are Goldwood Ply Industry Private Limited, Praveshdwar Industries Private Limited, Bidesh Plywood Factory Pvt Ltd, Star Plylam Limited, Pineclad Exim Private Limited and 1 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Nitin Patel ceased to be Additional Director on 25 Jul 2018. Ambalal Patel was appointed as Director on 09 Jul 2016. Nikhil Patel was appointed as Director on 09 Jul 2016.
Yes, Niki Panel Products is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-20-0011182).
The registered office of Niki Panel Products is at Plot No. A – 173 Next To Telephone Exchange Ida Nacharam, Hyderabad, Telangana, India – 500076.
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