MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0002974
Nilchandra Engineering Private Limited - consumer electronics & durables in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.29 Cr
▼ 57% YoY
Net profit · FY 2024
₹9.76 Lakh
Net margin 4.3%
EBITDA · FY 2024
₹95.11 Lakh
EBITDA margin 41.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹27.8 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
14
Provident fund records
About Nilchandra Engineering Private Limited
Data last updated:
Nilchandra Engineering Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 31 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1995PTC091263. Its GSTIN is 27AAACN9548D1ZC (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Shubham Pradeep Girase and Sagar Dilip Girase.
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. D – 80/81 MIDC Area Satpur Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.29 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹9.76 Lakh (net margin 4.3%) and EBITDA of ₹95.11 Lakh (EBITDA margin 41.5%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 21% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.8 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Nilchandra Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0002974). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neelaygroup.com.
Company details
CIN U28920MH1995PTC091263
Registration Number 091263
Incorporation Date 31 July 1995
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-23-0002974
Recognitions & Rankings of Nilchandra Engineering
Contact details
Nilchandra Engineering Private Limited's registered office is in Nashik, Maharashtra. Its website is neelaygroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. D – 80/81 MIDC Area Satpur Nashik, Maharashtra, India – 422007
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Nilchandra Engineering Private Limited, buy the company report.
Comprehensive company report
Nilchandra Engineering 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 Nilchandra Engineering is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Nilchandra Engineering Private Limited, buy the company report.
Financials of Nilchandra Engineering Private Limited
FY 2025 filings availableNilchandra Engineering Private Limited reported revenue of ₹2.29 Cr (down 57% YoY) for FY 2024.
Revenue · FY 2024
₹2.29 Cr ▼ 57%
Net profit · FY 2024
₹9.76 Lakh margin 4.3%
EBITDA · FY 2024
₹95.11 Lakh margin 41.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 26%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 7%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 57% fall in the latest year. EBITDA fell 3% 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 |
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| EBITDA | ₹95.11 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.5% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nilchandra Engineering Private Limited, buy the company report.
Board of directors of Nilchandra Engineering Private Limited
Nilchandra Engineering has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Pradeep Girase | Director | 10 Feb 2018 | 8 Years 8 Months | Current |
| Sagar Dilip Girase Also directs: Neelay Kigg Technologies LLP, Surja Bhivson Milk Private Limited, RFP Crop Care & Trading Private Limited and 2 more | Director | 10 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Nilchandra Engineering Private Limited is audited by SKVM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SKVM & CO | FY 2023 | FRN121035W |
Shareholding
The shareholding of Nilchandra Engineering Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nilchandra Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2024 | 100988916 | Others | ₹4.42 Cr | Open | |
| 04 Nov 2022 | 100641372 | Others | ₹7 Cr | Open | |
| 27 Sep 2018 | 100209649 | Others | ₹5 Cr | Open | |
| 26 Nov 2014 | 10543311 | The Shamrao Vitthal Cooperative Bank Limited | ₹5.41 Cr | Open | |
| 31 May 2012 | 10361716 | The Shamrao Vitthal Cooperative Bank Limited | ₹5.97 Cr | Open |
To see the full charge records of Nilchandra Engineering Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Nilchandra Engineering Private Limited has 3 court cases on record: 1 filed by Nilchandra Engineering, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint (ULP)) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Nilchandra Engineering 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 Nilchandra Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nilchandra Engineering Private Limited has a workforce of 14 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-26.32%
GST
Nilchandra Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN9548D1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nilchandra Engineering Private Limited, buy the company report.
Recent activity
Nilchandra Engineering Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Deelip Ambadas Girase ceased to be Director on 30 Mar 2019.
AGM
Nilchandra Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nilchandra Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 4.42 Cr with Charge ID 100988916 was registered on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100641372 was registered on 04 Nov 2022.
Ceased
Deelip Ambadas Girase ceased to be Director.
Ceased
Pradip Ambadas Girase ceased to be Director.
Ceased
Ratnadeep Ambadas Girase ceased to be Director.
Ceased
Sandeep Ambadas Girase ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100209649 was registered on 27 Sep 2018.
Appointed
Sagar Dilip Girase was appointed as Director.
Appointed
Shubham Pradeep Girase was appointed as Director.
Charges
A charge with The Shamrao Vitthal Cooperative Bank Limited of Rs. 5.97 Cr registered on 31 May 2012 with Charge ID 10361716 was modified on 09 Dec 2014.
15 earlier events are in the company report.
Frequently asked questions
Nilchandra Engineering is an active private limited company based in Nashik, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 31 July 1995 (31+ years old) and is registered under CIN U28920MH1995PTC091263.
Nilchandra Engineering has 2 current directors:
- Shubham Pradeep Girase - Director
- Sagar Dilip Girase - Director
The latest financial statements of Nilchandra Engineering 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 2015 are in the company report.
The GSTIN of Nilchandra Engineering is 27AAACN9548D1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nilchandra Engineering is U28920MH1995PTC091263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nilchandra Engineering has 3 court cases on record: 1 filed by the company and 2 filed against it.
Nilchandra Engineering was incorporated on 31 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Deelip Ambadas Girase ceased to be Director on 30 Mar 2019. Pradip Ambadas Girase ceased to be Director on 30 Mar 2019. Ratnadeep Ambadas Girase ceased to be Director on 30 Mar 2019. Nilchandra Engineering has 11 board changes on record in total.
Yes, Nilchandra Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0002974).
Nilchandra Engineering can be reached through the website neelaygroup.com. Its registered office is in Nashik, Maharashtra, India.