Nilgiris Franchise Limited - Company Profile

Q: Who are the current directors of Nilgiris Franchise Limited?

The current directors of Nilgiris Franchise Limited are Satish Sharma, Gopinathan Ajith Kumar, Nitesh Surya Murulidhar.

It is a consumer services public limited company based in Mumbai, Maharashtra, India, established in 1996.

1996 Mumbai, Maharashtra, India Active

Last Updated: December 30, 2025

About Nilgiris Franchise Limited

Nilgiris Franchise Limited, a active public limited company, was established on 22 February 1996 in Mumbai, Maharashtra, India. Engaging in hypermarkets & large retail chains within the support service to organizations sector, it holds CIN: U65910MH1996PLC265704. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.25 Cr and a paid-up capital of ₹4.25 Cr.

Formerly known as Nilgiris Franchise Private Limited. It upholds a compliant status. Its leadership includes Satish Sharma (Director), Gopinathan Ajith Kumar (Director), Nitesh Surya Murulidhar (Director). Past directors included Ashok Kumar Matolia, Satish Sharma, Prakash Iyer. It holds ₹216.67 Cr open charges and ₹47.54 Cr settled loans. Its latest AGM occurred on 16 September 2025, with the balance sheet filed on 31 March 2025. It is based at Knowledge House,Shyam Nagar, Off Jogeshwari Vikhroli Link Road,Jogesh, Wari(East), Mumbai, Maharashtra, 400060.

Company Details

CIN/LLPIN
U65910MH1996PLC265704
Registration Number
265704
Incorporation Date
22 February 1996
Authorized Capital
₹5.25 Cr
Paid-Up Capital
₹4.25 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.25 Cr as on 30-12-2025
Paid Up Capital ₹ 4.25 Cr as on 30-12-2025
Company Age 29 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 216.67 Cr as on 30-12-2025
Satisfied Charges ₹ 47.54 Cr as on 30-12-2025
Revenue Growth **** -13.84% (FY 2023)
Profit Growth **** 1255.30% (FY 2023)
Ebitda **** -5.56% (FY 2023)
Net Worth 1438.48% (FY 2023)
Total Assets **** 556.06% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Nilgiris Franchise Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nilgiris Franchise Limited?

Current Directors

Name	Designation	Appointment Date	Status
Satish Sharma	Director	01 Oct 2020	Current
Gopinathan Ajith Kumar	Director	29 Apr 2024	Current
Nitesh Surya Murulidhar	Director	29 Apr 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	01 Aug 2016	Past
Pramod Abcsdd	Additional Director	30 Dec 2020	Past
Pramod Abcsdd	Director	23 Sep 2008	Past
Pramod Abcsdd	Additional Director	20 Aug 2024	Past
Pramod Abcsdd	Director	18 Oct 2019	Past
Pramod Abcsdd	Director	20 Nov 2014	Past

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Financial Performance of Nilgiris Franchise.

Nilgiris Franchise Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.84% decrease. The company also saw a substantial improvement in profitability, with a 1255.3% increase in profit. The company's net worth Soared by an impressive increase of 1438.48%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-13.84%

*******

Revenue from Operations

*******

1.72%

*******

Total Assets

*******

556.06%

*******

Profit or Loss

*******

1255.30%

*******

Net Worth

*******

1438.48%

*******

EBITDA

*******

-5.56%

*******

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What is the Ownership and Shareholding Structure of Nilgiris Franchise?

In 2023, Nilgiris Franchise had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,166,700,000.00

Satisfied Charges

₹475,400,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 185.00 Cr
Others : 31.67 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 May 2021	Others	₹31.67 Cr	Open
12 Apr 2019	State Bank Of India	₹185.00 Cr	Open
07 Jan 2016	Rbl Bank Limited	₹1.00 Cr	Satisfied
11 Jul 2013	The Ratnakar Bank Limited	₹13.00 Cr	Satisfied
26 Nov 2008	The Hongkong And Shanghai Banking Corporation Limited	₹32.00 Cr	Satisfied

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How Many Employees Work at Nilgiris Franchise?

Unlock and access historical data on people associated with Nilgiris Franchise, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Nilgiris Franchise, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nilgiris Franchise's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Nilgiris Franchise

Recent Activity within the Organization

Annual General Meeting

Nilgiris Franchise Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records. was recorded as a recent event.
16 Sep 2025
Balance Sheet

The activity Nilgiris Franchise Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Progress on Gopinathan Ajith Kumar was appointed as a Director was appointed as a Director on 29 Apr 2024 & has been associated with this company since 1 year 9 months . was documented.
29 Apr 2024
Director Appointment

Progress on Nitesh Surya Murulidhar was appointed as a Director was appointed as a Director on 29 Apr 2024 & has been associated with this company since 1 year 9 months . was documented.
29 Apr 2024
Charges

Progress on A charge with Others amounted to Rs. 31.67 Cr with Charge ID 100442034 was registered on 07 May 2021. was documented.
07 May 2021
Director Appointment

The activity Satish Sharma was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 5 years 4 months . was completed.
01 Oct 2020

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