Nikisu Polymers Pvt Ltd
About Nikisu Polymers Pvt Ltd
Data last updated:
Nikisu Polymers Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1993PTC019015. Its GSTIN is 24AAACN6593L1Z2 (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.7 Lakh. It is led by directors including Kailashben Pravinbhai Patel and Shardaben Dashrathbhai 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 Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.13 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹39,550 (net margin 12.6%) and EBITDA of ₹2.17 Lakh (EBITDA margin 69.2%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 64% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address20 Manichandra Soc – 4 Opp. Sarathi – 3 Sarathi Bunglows Nr. Surdhara Bunglows, Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Financials of Nikisu Polymers Pvt Ltd FY 2025 filings available
Nikisu Polymers Pvt Ltd reported revenue of ₹3.13 Lakh (down 80% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Nikisu Polymers Pvt Ltd
Revenue fell 80% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. 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 Nikisu Polymers Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.13 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39,550 | •••• | •••• | •••• | •••• |
| 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 Nikisu Polymers Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Nikisu Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Nikisu Polymers Pvt Ltd
Nikisu Polymers Pvt Ltd is audited by R S PATEL & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R S PATEL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nikisu Polymers Pvt Ltd
Nikisu Polymers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailashben Pravinbhai Patel Also directs: Nikisu Fab Private Limited, Chirag Polysyntex Pvt Ltd | Director | 01 Apr 1993 | 33 Years 6 Months | Current |
| Shardaben Dashrathbhai Patel Also directs: Nikisu Fab Private Limited, Darshil Synthetics Pvt Ltd | Director | 01 Dec 1999 | 26 Years 10 Months | Current |
| Dashrathbhai Hiralal Patel Also directs: Nikisu Fab Private Limited | Director | 23 Feb 1993 | 33 Years 7 Months | Current |
Ownership and Shareholding of Nikisu Polymers Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nikisu Polymers Pvt Ltd
Nikisu Polymers Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nikisu Polymers Pvt Ltd
Employment history and EPFO contributions of people linked to Nikisu Polymers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nikisu Polymers Pvt Ltd
Nikisu Polymers Pvt Ltd has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Dashrathbhai Ishwardas Patel ceased to be Director on 17 Aug 2009.
Credit Ratings, Litigation & Regulatory Alerts for Nikisu Polymers Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nikisu Polymers Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nikisu Polymers Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nikisu Polymers Pvt Ltd
Nikisu Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN6593L1Z2 | Gujarat | Active | 16 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nikisu Polymers Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nikisu Polymers Pvt Ltd
Nikisu Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 February 1993 (33+ years old) and is registered under CIN U17110GJ1993PTC019015.
Nikisu Polymers reported revenue of ₹3.13 Lakh for FY 2022 (down 80% YoY).
Nikisu Polymers has 3 current directors:
- Kailashben Pravinbhai Patel - Director
- Shardaben Dashrathbhai Patel - Director
- Dashrathbhai Hiralal Patel - Director
Nikisu Polymers reported a net profit of ₹39,550 (net margin 12.6%) and EBITDA of ₹2.17 Lakh (EBITDA margin 69.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nikisu Polymers is -68% over three years and 64% over five years. In the latest year (FY 2022) revenue fell 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nikisu Polymers is 24AAACN6593L1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Nikisu Polymers is U17110GJ1993PTC019015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikisu Polymers was incorporated on 23 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dashrathbhai Ishwardas Patel ceased to be Director on 17 Aug 2009. Rameshkumar Shivabhai Patel ceased to be Director on 17 Aug 2009. Shardaben Dashrathbhai Patel was appointed as Director on 01 Dec 1999. Nikisu Polymers has 5 board changes on record in total.
The registered office of Nikisu Polymers is at 20 Manichandra Soc – 4 Opp. Sarathi – 3 Sarathi Bunglows Nr. Surdhara Bunglows, Thaltej, Ahmedabad, Gujarat, India – 380054.