Nisarg Appliances Private Limited

Nisarg Appliances Private Limited - consumer electronics & durables in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2017PTC297995 Incorporated 28 July 2017 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Small
Revenue · FY 2023
₹28.16 Cr
▲ 44% YoY
Net profit · FY 2023
₹82.84 Lakh
Net margin 2.9%
EBITDA · FY 2023
₹1.77 Cr
EBITDA margin 6.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.7 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Nisarg Appliances Private Limited

Data last updated:

Nisarg Appliances Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 28 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC297995. Its GSTIN is 27AAFCN7239L1ZY (Maharashtra).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.7 Lakh. It is led by directors Samir Mahesh Doshi and Nilam Samir Doshi.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A/3 Gautam Labdhi Shivaji Path Near Brahaman Sabha Dombivali East, Thane, Maharashtra, India – 421201.

As per the financials filed for FY 2023, the company reported a revenue of ₹28.16 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹82.84 Lakh (net margin 2.9%) and EBITDA of ₹1.77 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 209% over three years and 125% over five years.

As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 33 cases involving the company, including 33 filed against it; 27 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹39.3 Lakh; the latest was in March 2022.

Nisarg Appliances Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0042082). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999MH2017PTC297995
Registration Number 297995
Incorporation Date 28 July 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0042082

Recognitions & Rankings of Nisarg Appliances

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-MH-33-0042082

Contact details

Nisarg Appliances Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A/3 Gautam Labdhi Shivaji Path Near Brahaman Sabha Dombivali East, Thane, Maharashtra, India – 421201
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Nisarg Appliances Private Limited, buy the company report.

Comprehensive company report
Nisarg Appliances 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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Business activity

The main business activity of Nisarg Appliances is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Nisarg Appliances Private Limited, buy the company report.

Financials of Nisarg Appliances Private Limited

FY 2023 filings available

Nisarg Appliances Private Limited reported revenue of ₹28.16 Cr (up 44% YoY) for FY 2023.

Revenue · FY 2023
₹28.16 Cr ▲ 44%
Net profit · FY 2023
₹82.84 Lakh margin 2.9%
EBITDA · FY 2023
₹1.77 Cr margin 6.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 209%
5 years · compounded
▲ 125%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 243%
5 years · compounded
▲ 168%

Revenue has grown at a compounded annual rate (CAGR) of 125% over five years, including 44% growth in the latest year. EBITDA rose 67% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹1.77 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹82.84 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin6.3%
Net Profit Margin2.9%
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 Nisarg Appliances Private Limited, buy the company report.

Board of directors of Nisarg Appliances Private Limited

Nisarg Appliances has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Samir Mahesh DoshiDirector28 Jul 20179 Years 3 MonthsCurrent
Nilam Samir DoshiDirector28 Jul 20179 Years 3 MonthsCurrent

Auditor

Nisarg Appliances Private Limited is audited by G V RADIA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
G V RADIA & ASSOCIATESFY 2021138160W

Shareholding

The shareholding of Nisarg Appliances Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Nisarg Appliances Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jun 2019100275493Others₹25 LakhOpen

Total charge records: 1 View all charges

Deals & funding

Nisarg Appliances Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹39.3 Lakh; the latest was in March 2022.

Total deals
1
Funding round
1
Disclosed funding
₹39.3 Lakh

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2022Funding round₹39.3 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nisarg Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Nisarg Appliances has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCN7239L1ZYMaharashtraActive23 Sep 2017

To see the full GST registrations and return filing status of Nisarg Appliances Private Limited, buy the company report.

Recent activity

Nisarg Appliances Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Anand Narayan Gaikwad ceased to be Director on 01 Oct 2023.

Ceased
Anand Narayan Gaikwad ceased to be Director.
Ceased
Savita Madan Gosavi ceased to be Director.
AGM
Nisarg Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Nisarg Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Appointed
Savita Madan Gosavi was appointed as Director.
Appointed
Anand Narayan Gaikwad was appointed as Director.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100275493 was registered on 26 Jun 2019.
Appointed
Nilam Samir Doshi was appointed as Director.
Appointed
Samir Mahesh Doshi was appointed as Director.
Incorporation
28 Jul 2017
Nisarg Appliances Private Limited was registered on 28 Jul 2017 with Roc Mumbai I & aged 9 years 3 months as per MCA records.

Frequently asked questions

Nisarg Appliances is an active private limited company based in Thane, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 28 July 2017 (9+ years old) and is registered under CIN U74999MH2017PTC297995.

Nisarg Appliances has 2 current directors:

The latest financial statements of Nisarg Appliances on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Nisarg Appliances is 27AAFCN7239L1ZY, registered in Maharashtra.

The CIN (Corporate Identification Number) of Nisarg Appliances is U74999MH2017PTC297995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nisarg Appliances has 33 court cases on record: 33 filed against it. 27 are pending. Most are in the district courts.

Nisarg Appliances was incorporated on 28 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Nisarg Appliances has 1 deal on record (1 funding round), with disclosed funding of ₹39.3 Lakh; the latest was in March 2022.

Anand Narayan Gaikwad ceased to be Director on 01 Oct 2023. Savita Madan Gosavi ceased to be Director on 01 Oct 2023. Savita Madan Gosavi was appointed as Director on 17 Jan 2022. Nisarg Appliances has 6 board changes on record in total.

Yes, Nisarg Appliances is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0042082).