
About Nirnal Water Solutions Private Limited
Data last updated:
Nirnal Water Solutions Private Limited is a private limited company based in Belgaum, Karnataka, India, recognised as a startup by DPIIT. It operates in the filtration machinery segment of the industrial equipment and machinery sector. It was incorporated on 29 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29197KA2021PTC152441.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Niranjan Shrinivas Karagi and Sampada Shrinivas Karagi.
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 Cts No 9098 B2 Vardappa Galli Khasbag, Belgaum, Karnataka, India – 590003.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.96 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Lakh (net margin 7.7%) and EBITDA of ₹4.36 Lakh (EBITDA margin 11.2%).
The company is associated with 1 brand: Nirnal.
Nirnal Water Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0063725). For more details, the company can be reached via its website nirnal.in.
Recognitions & Rankings of Nirnal Water Solutions
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0063725
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressCts No 9098 B2 Vardappa Galli Khasbag, Belgaum, Karnataka, India – 590003
- IndustryEquipment & Machinery, Filtration Machinery, Manufacturing, General Purposemachinery, General Purpose Machinery
- 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
The main business activity of Nirnal Water Solutions 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
Financials of Nirnal Water Solutions Private Limited
FY 2025 filings availableNirnal Water Solutions Private Limited reported revenue of ₹38.96 Lakh (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2021-22 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹4.36 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹2.98 Lakh | |
| 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 2024-25 | FY 2021-22 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.2% | |
| Net Profit Margin | 7.7% | |
| 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, and every line for FY 2021-22 to FY 2023-24, 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 Nirnal Water Solutions are in the company report.
: available in the company report
Board of Directors of Nirnal Water Solutions Private Limited
Nirnal Water Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Shrinivas Karagi | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
| Sampada Shrinivas Karagi | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
Peer Comparison
Nirnal Water Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swarg Industries Private Limited | ₹39.08 Lakh (FY 2025) | •••• | •••• | 8359.0% | •••• | Gandhinagar, Gujarat, India |
| Sar Machines Private Limited | ₹39.06 Lakh (FY 2024) | •••• | •••• | -19.0% | •••• | Ahmedabad, Gujarat, India |
| Wiegen Automation Private Limited | ₹39.02 Lakh (FY 2022) | •••• | •••• | 107.0% | •••• | Amravati, Maharashtra, India |
| Raghubatteries Corporation Private Limited | ₹39 Lakh (FY 2025) | •••• | •••• | 239.0% | •••• | Bharatpur, Rajasthan, India |
| Kamal Udyog Private Limited | ₹38.97 Lakh (FY 2024) | •••• | •••• | 34.0% | •••• | Rani, Rajasthan, India |
| Nirnal Water Solutions Private Limited this company | ₹38.96 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Belgaum, Karnataka, India |
| Elektroweld Automations India Private Limited | ₹38.94 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Sharthi Transformers Private Limited | ₹38.86 Lakh (FY 2024) | •••• | •••• | 1400.0% | •••• | Bhind, Madhya Pradesh, India |
| Auto Brakes and Ancillaries Private Limited | ₹38.85 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Sudev Precision Engineering Works Private Limited | ₹38.81 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Nano Circuit Caps Private Limited | ₹38.77 Lakh (FY 2025) | •••• | •••• | 49.0% | •••• | Kancheepuram, Tamil Nadu, India |
Peers are the companies nearest to Nirnal Water Solutions by revenue, above and below it, in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings
Nirnal Water Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Nirnal Water Solutions.
: available in the company report
Recent Activity
Nirnal Water Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Niranjan Shrinivas Karagi was appointed as Director on 29 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Nirnal Water Solutions is an active private limited company based in Belgaum, Karnataka, India. The company works in filtration machinery, within the equipment and machinery industry. It was incorporated on 29 September 2021 (5+ years old) and is registered under CIN U29197KA2021PTC152441.
Nirnal Water Solutions has 2 current directors:
- Niranjan Shrinivas Karagi - Director
- Sampada Shrinivas Karagi - Director
The latest financial statements of Nirnal Water Solutions 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Nirnal Water Solutions is U29197KA2021PTC152441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirnal Water Solutions was incorporated on 29 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nirnal Water Solutions by revenue are Swarg Industries Private Limited, Sar Machines Private Limited, Wiegen Automation Private Limited, Raghubatteries Corporation Private Limited, Kamal Udyog Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Niranjan Shrinivas Karagi was appointed as Director on 29 Sep 2021. Sampada Shrinivas Karagi was appointed as Director on 29 Sep 2021.
Yes, Nirnal Water Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nirnal Water Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0063725).
Nirnal Water Solutions can be reached through the website nirnal.in. Its registered office is in Belgaum, Karnataka, India.
The registered office of Nirnal Water Solutions is at Cts No 9098 B2 Vardappa Galli Khasbag, Belgaum, Karnataka, India – 590003.