MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0014892
Nirmal Industrial Controls Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹293.76 Cr
▲ 30% YoY
Net profit · FY 2024
₹18.86 Cr
Net margin 6.4%
EBITDA · FY 2024
₹28.45 Cr
EBITDA margin 9.7%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹1.97 Cr
Issued & subscribed
Open charges
₹141 Cr
Satisfied ₹65.34 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
242
Provident fund records
About Nirmal Industrial Controls Private Limited
Data last updated:
Nirmal Industrial Controls Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 06 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29120MH1999PTC122942. Its GSTIN is 27AABCN1777B1ZO (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.97 Cr. It is led by directors Vikas Dinkarrai Desai and Prakash Dinkarrai Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 Nahur Udyog Industrialestate L B S Marg Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹293.76 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹18.86 Cr (net margin 6.4%) and EBITDA of ₹28.45 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The company has about 242 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Nirmal Industrial Controls. As per MCA filings, the company has open charges of ₹141 Cr and satisfied charges of ₹65.34 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in January 2024. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,161 overdue payments to 51 micro and small suppliers.
Nirmal Industrial Controls Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0014892). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirmal.co.in.
Company details
CIN U29120MH1999PTC122942
Registration Number 122942
Incorporation Date 06 December 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0014892
Recognitions & Rankings of Nirmal Industrial Controls
Contact details
Nirmal Industrial Controls Private Limited's registered office is in Mumbai, Maharashtra. Its website is nirmal.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4 Nahur Udyog Industrialestate L B S Marg Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Nirmal Industrial Controls Private Limited, buy the company report.
Comprehensive company report
Nirmal Industrial Controls 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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Brands
Nirmal Industrial Controls operates one associated brand: Nirmal Industrial Controls. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures pressure control valves and blanketing systems for industrial sectors. | nirmal.co.in |
Business activity
The main business activity of Nirmal Industrial Controls is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nirmal Industrial Controls Private Limited, buy the company report.
Financials of Nirmal Industrial Controls Private Limited
FY 2024 filings availableNirmal Industrial Controls Private Limited reported revenue of ₹293.76 Cr (up 30% YoY) for FY 2024.
Revenue · FY 2024
₹293.76 Cr ▲ 30%
Net profit · FY 2024
₹18.86 Cr margin 6.4%
EBITDA · FY 2024
₹28.45 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 11%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 9%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 30% growth in the latest year. EBITDA rose 16% 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 | ₹293.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.86 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 6.4% | ||||
| 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 Nirmal Industrial Controls Private Limited, buy the company report.
Board of directors of Nirmal Industrial Controls Private Limited
Nirmal Industrial Controls 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 |
|---|---|---|---|---|
| Vikas Dinkarrai Desai Also directs: Andy Engineers LLP, Nirmal Epm Services LLP, Securamax Valves and Control Systems LLP and 5 more | Director | 06 Dec 1999 | 26 Years 11 Months | Current |
| Prakash Dinkarrai Desai Also directs: Andy Engineers LLP, Nirmal Epm Services LLP, Securamax Valves and Control Systems LLP and 5 more | Director | 06 Dec 1999 | 26 Years 11 Months | Current |
Auditor
Nirmal Industrial Controls Private Limited is audited by B M PAREKH & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B M PAREKH & CO | FY 2024 | 107448W |
Shareholding
The shareholding of Nirmal Industrial Controls Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nirmal Industrial Controls Private Limited, buy the company report.
Charges & borrowings
Open charges
₹141 Cr
Satisfied charges
₹65.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2008 | 10130526 | Hdfc Bank Limited | ₹101 Cr | Open | |
| 21 Jun 2008 | 10154959 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 08 Jul 2019 | 100280059 | Citi Bank N.A. | ₹20 Cr | Satisfied | |
| 16 May 2018 | 100236920 | Citi Bank N.A. | ₹3 Cr | Satisfied | |
| 08 Jan 2016 | 100049576 | Citi Bank N.A. | ₹26.5 Cr | Satisfied |
To see the full charge records of Nirmal Industrial Controls Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Nirmal Industrial Controls Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in January 2024.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹15 Lakh
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2010 | Secondary share transfer | Undisclosed | Seller: 3 individuals |
To see the full deal history of Nirmal Industrial Controls Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nirmal Industrial Controls Private Limited has 4 court cases on record: 2 filed by Nirmal Industrial Controls, 2 filed against it. All cases are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Nirma Chemical Works Pvt Ltd and 1 other | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revision Application ULP) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Nirmal Industrial Controls 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
Nirmal Industrial Controls Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,161 overdue payments to 51 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 51)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Arvind Pipes Fittings Industries | |||
| Akshit Enterprise | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nirmal Industrial Controls Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nirmal Industrial Controls has 2 subsidiary companies and 1 joint venture. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
1
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Rheonik Flow Measurement India Private Limited | U26513MH2024PTC420735 | |
| Equipo Excelente Private Limited | U74900MH2008PTC180768 |
To see the full group structure of Nirmal Industrial Controls Private Limited, buy the company report.
Employees & EPFO
Nirmal Industrial Controls Private Limited has a workforce of 242 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
242
Active EPFO establishments
1
Employee growth
17.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 242 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nirmal Industrial Controls Private Limited, buy the company report.
GST
Nirmal Industrial Controls has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN1777B1ZO | Maharashtra | Active | 01 Jul 2017 |
| 24AABCN1777B1ZU | Gujarat | Active | 01 Jul 2017 |
| 07AABCN1777B1ZQ | Delhi | Active | 21 Jun 2023 |
| 36AABCN1777B1ZP | Telangana | Active | 27 Jun 2023 |
To see the full GST registrations and return filing status of Nirmal Industrial Controls Private Limited, buy the company report.
Recent activity
Nirmal Industrial Controls Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Dinkarrai Vasanji Desai ceased to be Director on 11 Oct 2021.
AGM
Nirmal Industrial Controls Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 101.00 Cr registered on 22 Oct 2008 with Charge ID 10130526 was modified on 15 Jun 2024.
Filing
Nirmal Industrial Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 08 Jul 2019 via Charge ID 100280059 with Citi Bank N.A. was fully satisfied on 13 Mar 2024.
Charges
A charge registered on 16 May 2018 via Charge ID 100236920 with Citi Bank N.A. was fully satisfied on 13 Mar 2024.
Charges
A charge registered on 08 Jan 2016 via Charge ID 100049576 with Citi Bank N.A. was fully satisfied on 13 Mar 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 21 Jun 2008 with Charge ID 10154959 was modified on 19 Oct 2023.
Ceased
Dinkarrai Vasanji Desai ceased to be Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 20.00 Cr with Charge ID 100280059 was registered on 08 Jul 2019.
Charges
A charge with Citi Bank N.A. amounted to Rs. 3.00 Cr with Charge ID 100236920 was registered on 16 May 2018.
Charges
A charge with Citi Bank N.A. of Rs. 26.50 Cr registered on 08 Jan 2016 with Charge ID 100049576 was modified on 16 May 2018.
Charges
A charge with Citi Bank N.A. amounted to Rs. 26.50 Cr with Charge ID 100049576 was registered on 08 Jan 2016.
12 earlier events are in the company report.
Frequently asked questions
Nirmal Industrial Controls is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 06 December 1999 (27+ years old) and is registered under CIN U29120MH1999PTC122942.
Nirmal Industrial Controls has 2 current directors:
- Vikas Dinkarrai Desai - Director
- Prakash Dinkarrai Desai - Director
The latest financial statements of Nirmal Industrial Controls on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nirmal Industrial Controls is 27AABCN1777B1ZO, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AABCN1777B1ZU (Gujarat), 07AABCN1777B1ZQ (Delhi), 36AABCN1777B1ZP (Telangana).
The CIN (Corporate Identification Number) of Nirmal Industrial Controls is U29120MH1999PTC122942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirmal Industrial Controls has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Nirmal Industrial Controls was incorporated on 06 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Nirmal Industrial Controls has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in January 2024.
Dinkarrai Vasanji Desai ceased to be Director on 11 Oct 2021. Prakash Dinkarrai Desai was appointed as Director on 06 Dec 1999. Vikas Dinkarrai Desai was appointed as Director on 06 Dec 1999.
Yes, Nirmal Industrial Controls is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0014892).
Nirmal Industrial Controls has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,161 overdue payments to 51 micro and small suppliers. The latest return was filed on 24 Apr 2024.
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