Nithin Grains and Mills Private Limited
About Nithin Grains and Mills Private Limited
Data last updated:
Nithin Grains and Mills Private Limited is a private limited company based in Nellore, Andhra Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 03 September 2014.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15400AP2014PTC095200. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Nithin Omkaram Kumar and Priyanka Poola.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at D.No. 23/589 Opp: Sri Rama Temple Fathekhan Pet, Nellore, Andhra Pradesh, India – 524003.
As per the financials filed for FY 2017, the company reported a revenue of ₹8.25 Cr, a growth of 103% compared to the previous year. For the same year it recorded a net loss of ₹2.89 Cr (net margin -35.1%) and EBITDA of -₹10.81 Lakh (EBITDA margin -1.3%).
As per MCA filings, the company has open charges of ₹17.25 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Company details
Contact details
Nithin Grains and Mills Private Limited's registered office is in Nellore, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressD.No. 23/589 Opp: Sri Rama Temple Fathekhan Pet, Nellore, Andhra Pradesh, India – 524003
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Nithin Grains and Mills Private Limited, buy the company report.
- 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
Financials of Nithin Grains and Mills Private Limited
FY 2017 filings availableNithin Grains and Mills Private Limited reported revenue of ₹8.25 Cr (up 103% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹8.25 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹10.81 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.89 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.3% | ||
| Net Profit Margin | -35.1% | ||
| 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 Nithin Grains and Mills Private Limited, buy the company report.
Board of directors of Nithin Grains and Mills Private Limited
Nithin Grains and Mills has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nithin Omkaram Kumar | Director | 01 Aug 2015 | 11 Years 3 Months | As last reported |
| Priyanka Poola | Director | 01 Aug 2015 | 11 Years 3 Months | As last reported |
Auditor
Nithin Grains and Mills Private Limited is audited by S S V M & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S V M & CO | FY 2017 | 011363S |
Shareholding
The shareholding of Nithin Grains and Mills Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nithin Grains and Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2014 | 10543650 | Bank of India | ₹17.25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Nithin Grains and Mills Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court II | Tribunal matter | Filed against the company by Bank of India | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Bank of India | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Shri Bhairava Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Shri Bhairava Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M S Shri Bhairava Enterprises | Disposed |
To see the full case history of Nithin Grains and Mills 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 Nithin Grains and Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nithin Grains and Mills has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nithin Grains and Mills Private Limited, buy the company report.
Recent activity
Nithin Grains and Mills Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Srinivasan Vijaykumar ceased to be Additional Director on 29 Aug 2016.
Frequently asked questions
Nithin Grains and Mills is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Nithin Grains and Mills is a company under liquidation, formerly operating as a private limited company based in Nellore, Andhra Pradesh, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 03 September 2014 and is registered under CIN U15400AP2014PTC095200. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nithin Grains and Mills has 2 current directors:
- Nithin Omkaram Kumar - Director
- Priyanka Poola - Director
The latest financial statements of Nithin Grains and Mills on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nithin Grains and Mills is U15400AP2014PTC095200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nithin Grains and Mills has open charges of ₹17.25 Cr and no satisfied charges on record as per latest MCA filings.
Nithin Grains and Mills has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
Nithin Grains and Mills was incorporated on 03 September 2014. It is registered with the Registrar of Companies, Vijayawada.
Srinivasan Vijaykumar ceased to be Additional Director on 29 Aug 2016. Priyanka Poola ceased to be Additional Director on 18 Sep 2015. Sudha Omkaram Venkata ceased to be Managing Director on 03 Aug 2015. Nithin Grains and Mills has 7 board changes on record in total.
The registered office of Nithin Grains and Mills is at D.No. 23589 Opp: Sri Rama Temple Fathekhan Pet, Nellore, Andhra Pradesh, India – 524003.
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