About Nikitech Electric Private Limited
Data last updated:
Nikitech Electric Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 04 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2002PTC030585. Its GSTIN is 29AABCN5390G1Z9 (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Nikhil Chiandira Vijayakumar and Cheeyandira Vijaykumar Kavitha.
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 #627/3 Plot No. 36B Nttf Circle Peenya 2nd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.18 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 3.2%) and EBITDA of ₹3.33 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 29% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nikitech. As per MCA filings, the company has open charges of ₹16.24 Cr and satisfied charges of ₹1.36 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nikitechelectric.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#627/3 Plot No. 36B Nttf Circle Peenya 2nd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Business Activity of Nikitech Electric Private Limited
The main business activity of Nikitech Electric is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nikitech Electric Private Limited FY 2025 filings available
Nikitech Electric Private Limited reported revenue of ₹53.18 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nikitech Electric Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 6% growth in the latest year. EBITDA fell 14% 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 Nikitech Electric Private Limited
| 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 | ₹3.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.69 Cr | •••• | •••• | •••• | •••• |
| 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 Nikitech Electric Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Nikitech Electric 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.
Peer Comparison of Nikitech Electric Private Limited
Nikitech Electric Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Capital Transformers Private Limited | ₹53.67 Cr (FY 2019) | •••• | •••• | -6.0% | •••• | Delhi, India |
| Mor Transformers and Cables Private Limited | ₹53.28 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Sikar, Rajasthan, India |
| Elmex Controls Pvt Ltd | ₹53.2 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Vadodara, Gujarat, India |
| P E Engineers Pvt Ltd | ₹53.2 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| U R Energy (India) Private Limited | ₹53.19 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Ahmedabad, Gujarat, India |
| Nikitech Electric Private Limited this company | ₹53.18 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Egston Electronics (India) Private Limited | ₹53 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Gruner India Private Limited | ₹52.92 Cr (FY 2025) | •••• | •••• | 374.0% | •••• | New Delhi, Delhi, India |
| Valiant Communications Limited Listed | ₹52.66 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Ramp Technomation Private Limited | ₹52.65 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Ahmedabad, Gujarat, India |
| Digiana Industries Private Limited | ₹52.56 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Nikitech Electric by revenue in the Power industry (Power Equipment Manufacturers), 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 Nikitech Electric Private Limited
Nikitech Electric Private Limited is audited by M S SRINATH for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S SRINATH | 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 Nikitech Electric Private Limited
Nikitech Electric has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Chiandira Vijayakumar | Director | 31 Jul 2019 | 7 Years 2 Months | Current |
| Cheeyandira Vijaykumar Kavitha | Director | 04 Jun 2002 | 24 Years 4 Months | Current |
| Vijaykumar | Director | 04 Jun 2002 | 24 Years 4 Months | Current |
Ownership and Shareholding of Nikitech Electric Private Limited
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 Nikitech Electric Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2025 | Others | ₹1.84 Cr | Open |
| 12 Aug 2025 | Others | ₹18 Lakh | Open |
| 31 Jul 2025 | Others | ₹99 Lakh | Open |
| 29 Jul 2025 | Others | ₹7.5 Lakh | Open |
| 20 Dec 2023 | Others | ₹29.5 Lakh | Open |
Total charge records: 19 View all charges
MSME Payment Delays by Nikitech Electric Private Limited
Nikitech Electric Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 22 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Espee Ryb Power Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Nikitech Electric Private Limited
Nikitech Electric operates one associated brand: Nikitech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electrical control panels and automation panels for various industrial sectors. | nikitechelectric.com |
Employees and EPFO Compliance at Nikitech Electric Private Limited
Nikitech Electric Private Limited has a workforce of 84 employees as of Apr 09, 2024.
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 Nikitech Electric Private Limited
Nikitech Electric Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Nikhil Chiandira Vijayakumar ceased to be Additional Director on 30 Sep 2019.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nikitech Electric Private Limited
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.
Subsidiaries & Group Companies of Nikitech Electric Private Limited
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 Nikitech Electric Private Limited
Nikitech Electric has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN5390G1Z9 | Karnataka | Active | 01 Jul 2017 |
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 Nikitech Electric Private Limited
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 Nikitech Electric Private Limited
Nikitech Electric is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 04 June 2002 (24+ years old) and is registered under CIN U31909KA2002PTC030585.
Nikitech Electric reported revenue of ₹53.18 Cr for FY 2025 (up 6% YoY).
Nikitech Electric has 3 current directors:
- Nikhil Chiandira Vijayakumar - Director
- Cheeyandira Vijaykumar Kavitha - Director
- Vijaykumar - Director
Nikitech Electric reported a net profit of ₹1.69 Cr (net margin 3.2%) and EBITDA of ₹3.33 Cr (EBITDA margin 6.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nikitech Electric is 24% over three years and 29% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nikitech Electric is 29AABCN5390G1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Nikitech Electric is U31909KA2002PTC030585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikitech Electric was incorporated on 04 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nikitech Electric by revenue are Capital Transformers Private Limited, Mor Transformers and Cables Private Limited, Elmex Controls Pvt Ltd, P E Engineers Pvt Ltd, U R Energy (India) Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Nikhil Chiandira Vijayakumar ceased to be Additional Director on 30 Sep 2019. Nikhil Chiandira Vijayakumar was appointed as Director on 31 Jul 2019. Cheeyandira Vijaykumar Kavitha was appointed as Director on 04 Jun 2002. Nikitech Electric has 4 board changes on record in total.
Nikitech Electric has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 22 overdue payments to 11 micro and small suppliers. The latest return was filed on 20 Jun 2019.
Nikitech Electric can be reached through the website nikitechelectric.com. Its registered office is in Bangalore, Karnataka, India.