MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-16-0001055
Nitin Engineering Works (India) Private Limited
Nitin Engineering Works (India) Private Limited - engineering in Dewas, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.86 Cr
▲ 6% YoY
Net profit · FY 2024
₹3.69 Lakh
Net margin 2%
EBITDA · FY 2024
₹21.29 Lakh
EBITDA margin 11.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹74.63 Lakh
Issued & subscribed
Satisfied charges
₹3.37 Cr
No open charges
Company age
15 yrs
Est. 2011
Employees · EPFO
44
Provident fund records
About Nitin Engineering Works (India) Private Limited
Data last updated:
Nitin Engineering Works (India) Private Limited is a private limited company based in Dewas, Madhya Pradesh, India. It operates in the engineering sector. It was incorporated on 04 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29220MP2011PTC025498. Its GSTIN is 23AADCN5644B1ZW (Madhya Pradesh).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.63 Lakh. It is led by directors Chandrakanta Panchal and Vinay Panchal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 54 Alkapuri, Dewas, Madhya Pradesh, India – 455001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.86 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.69 Lakh (net margin 2%) and EBITDA of ₹21.29 Lakh (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 15% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.37 Cr on record.
Nitin Engineering Works (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-16-0001055). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Nitin Engineering Works (India) Private Limited
CIN U29220MP2011PTC025498
Registration Number 025498
Incorporation Date 04 March 2011
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-16-0001055
Recognitions & Rankings of Nitin Engineering Works (India)
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address54 Alkapuri, Dewas, Madhya Pradesh, India – 455001
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
Comprehensive company report
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- Historical financials and ratios
- Shareholding pattern and group structure
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Business Activity
The main business activity of Nitin Engineering Works (India) 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 |
Premium access
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 Nitin Engineering Works (India) Private Limited
FY 2025 filings availableNitin Engineering Works (India) Private Limited reported revenue of ₹1.86 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹1.86 Cr ▲ 6%
Net profit · FY 2024
₹3.69 Lakh margin 2%
EBITDA · FY 2024
₹21.29 Lakh margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 4%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 28%
5 years · compounded
▼ 29%
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 74% 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 2019-20 to FY 2022-23in 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 | ₹21.29 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹3.69 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.5% | |
| Net Profit Margin | 2% | |
| 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 2019-20 to FY 2022-23, 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 Nitin Engineering Works (India) are in the company report.
: available in the company report
Board of Directors of Nitin Engineering Works (India) Private Limited
Nitin Engineering Works (India) 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 |
|---|---|---|---|---|
| Chandrakanta Panchal | Director | 04 Mar 2011 | 15 Years 7 Months | Current |
| Vinay Panchal Also directs: Moloco Dairy Products Private Limited | Director | 15 Apr 2011 | 15 Years 6 Months | Current |
Auditor Details
Nitin Engineering Works (India) Private Limited is audited by Gupta & Jain Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gupta & Jain Chartered Accountants | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
None
Satisfied charges
₹3.37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2017 | Bank of India | ₹2.41 Cr | Satisfied |
| 30 Oct 2013 | Bank of Maharashtra | ₹24 Lakh | Satisfied |
| 27 Dec 2012 | Small Industries Development Bank of India (Sidbi) | ₹50 Lakh | Satisfied |
| 07 Apr 2011 | Small Industries Development Bank of India (Sidbi) | ₹21.9 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance
Nitin Engineering Works (India) Private Limited has a workforce of 44 employees as of Apr 06, 2024.
Employee count
44
Active EPFO establishments
1
Employee growth
2.33%
: available in the company report
Recent Activity
Nitin Engineering Works (India) Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Omprakash Panchal ceased to be Director on 05 May 2021.
AGM
Nitin Engineering Works (India) Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Nitin Engineering Works (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge registered on 04 Jul 2017 via Charge ID 100111510 with Bank Of India was fully satisfied on 17 May 2024.
Ceased
Omprakash Panchal ceased to be Director.
Charges
A charge with Bank Of India of Rs. 241.00 Lakh registered on 04 Jul 2017 with Charge ID 100111510 was modified on 27 Jul 2020.
Charges
A charge registered on 30 Oct 2013 via Charge ID 10460303 with Bank Of Maharashtra was fully satisfied on 16 Jan 2020.
Charges
A charge with Bank Of India amounted to Rs. 241.00 Lakh with Charge ID 100111510 was registered on 04 Jul 2017.
Charges
A charge registered on 27 Dec 2012 via Charge ID 10393954 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 07 Feb 2017.
Charges
A charge registered on 07 Apr 2011 via Charge ID 10288637 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 07 Feb 2017.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 24.00 Lakh with Charge ID 10460303 was registered on 30 Oct 2013.
Charges
A charge with Small Industries Development Bank Of India (Sidbi) amounted to Rs. 50.00 Lakh with Charge ID 10393954 was registered on 27 Dec 2012.
Charges
A charge with Small Industries Development Bank Of India (Sidbi) of Rs. 21.90 Lakh registered on 07 Apr 2011 with Charge ID 10288637 was modified on 01 Sep 2011.
4 earlier events are listed in the company report.
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
Nitin Engineering Works (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCN5644B1ZW | Madhya Pradesh | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Nitin Engineering Works (India) is an active private limited company based in Dewas, Madhya Pradesh, India. The company works in the engineering industry. It was incorporated on 04 March 2011 (15+ years old) and is registered under CIN U29220MP2011PTC025498.
Nitin Engineering Works (India) has 2 current directors:
- Chandrakanta Panchal - Director
- Vinay Panchal - Director
The latest financial statements of Nitin Engineering Works (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nitin Engineering Works (India) is 23AADCN5644B1ZW, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Nitin Engineering Works (India) is U29220MP2011PTC025498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitin Engineering Works (India) was incorporated on 04 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Omprakash Panchal ceased to be Director on 05 May 2021. Vinay Panchal was appointed as Director on 15 Apr 2011. Chandrakanta Panchal was appointed as Director on 04 Mar 2011.
Yes, Nitin Engineering Works (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-16-0001055).
The registered office of Nitin Engineering Works (India) is at 54 Alkapuri, Dewas, Madhya Pradesh, India – 455001.
Nitin Engineering Works (India) operates in the engineering industry.