About Nitin Fire Protection Industries Limited
Data last updated: 24 June 2025
Nitin Fire Protection Industries Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in fire safety and firefighting equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 04 September 1995, the company has been in operation for over 31 years.
Registered with ROC Mumbai under CIN L29193MH1995PLC092323. Listed on BSE: 532854 and NSE: BZ : NITINFIRE.
Capital: an authorised share capital of ₹75 Cr and a paid-up capital of ₹58.45 Cr. It is led by directors Nitin Mansukhlal Shah and Kailat Hariharan Vaidyanathan.
Last AGM: 29 September 2018. Financial statements filed for year ended 31 March 2018. Office: 501 Delta Technology Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per NSE-filed consolidated financials for FY 2024, the company reported a revenue of ₹6.89 Cr, a decline of 31.01% compared to the previous year. Total assets are valued at ₹36.17 Cr (down 11.74% YoY).
The company has a workforce of approximately 35 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Nitin Fire Protection. As per MCA filings, the company has open charges of ₹71.57 Cr and satisfied charges of ₹925.73 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is nitinfire.com.
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Registered Address501 Delta Technology Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
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IndustryMachinery and Equipment, Fire Safety & Firefighting Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited has one previous CIN (Corporate Identification Number): U29193MH1995PLC092323. The current CIN is L29193MH1995PLC092323, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29193MH1995PLC092323 | Current |
| U29193MH1995PLC092323 | Previous |
Associated Brands with Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited operates one associated brand: Nitin Fire Protection. These brands represent Nitin Fire Protection Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Fire protection systems and related equipment are manufactured. | nitinfire.com |
Competitors & Alternatives of Nitin Fire Protection Industries Limited
Brands and companies operating in the same space as Nitin Fire Protection Industries Limited include Tended, Jarsh Safety, Schuberth and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Tended
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AI-based wearables are supplied for employee personal safety. | Lincoln, United Kingdom, United Kingdom | 2017 |
Jarsh Safety
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Smart safety wearables are designed and manufactured for worker protection. | Hyderabad, India, India | 2016 |
Schuberth
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Smart helmets are developed for consumers and professionals. | Magdeburg, Germany, Germany | 1922 |
Rombit
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Wearables and monitoring platforms for workspace safety are provided. | Antwerp, Belgium, Belgium | 2012 |
DP Nicoli
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Personal industrial safety equipment is provided to various sectors. | Wilsonville, United States, United States | 1982 |
NAFFCO
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Provides high-quality fire fighting equipment, systems, and safety solutions for global markets. | Dubai, United Arab Emirates, United Arab Emirates | 1991 |
Business Activity of Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited is engaged in multiple principal business activities such as manufacturing, trade, and professional, scientific and technical, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, wholesale trading, architecture, engineering activities, technical testing and analysis activities. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| 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 |
| G | Trade | G1 | Wholesale Trading | Locked |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details for Nitin Fire Protection Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited is audited by HARIBHAKTI & CO LLP for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARIBHAKTI & CO LLP | Locked | Locked | Locked |
Complete auditor history for Nitin Fire Protection Industries Limited
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Board of Directors and KMP of Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited currently reports 2 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Mansukhlal Shah | Director | 01 Apr 2006 | 20 Years 4 Months | As last reported |
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Kailat Hariharan Vaidyanathan
Also directs:
Eurotech Cylinders Private Limited
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Director | 22 Apr 2008 | 18 Years 4 Months | As last reported |
| Rahul Nitin Shah | Ceo | 30 May 2018 | 8 Years 2 Months | As last reported |
Financials of Nitin Fire Protection Industries Limited FY 2024 filings available
Nitin Fire Protection Industries Limited reported revenue of ₹6.89 Cr (down 31.01% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Revenue from Operations | ₹6.89 Cr | ₹9.99 Cr | ₹8.49 Cr | ₹17.67 Cr |
| Other Income | ₹2.82 Cr | ₹23.08 Cr | ₹14.43 Cr | ₹7.36 Cr |
| Total Income | ₹9.71 Cr | ₹33.08 Cr | ₹22.92 Cr | ₹25.03 Cr |
| Cost of Materials Consumed | ₹4.99 Cr | ₹2.61 Cr | ₹3.06 Cr | ₹10.04 Cr |
| Purchases of Stock-in-Trade | ₹1.12 Cr | ₹1.96 Cr | ₹6.87 Cr | ₹4.47 Cr |
| Changes in Inventories | ₹15.34 Lakh | ₹2.38 Cr | -₹3.64 Cr | -₹12.95 Lakh |
| Employee Benefit Expense | ₹2.21 Cr | ₹2.25 Cr | ₹2.21 Cr | ₹3.21 Cr |
| Finance Costs | ₹1.03 Cr | ₹50.57 Lakh | ₹117.03 Cr | ₹63.35 Cr |
| Depreciation & Amortisation | ₹48.91 Lakh | ₹86.54 Lakh | ₹93.25 Lakh | ₹1.02 Cr |
| Other Expenses | ₹6.28 Cr | ₹26.62 Cr | ₹11.22 Cr | ₹11.31 Cr |
| Total Expenses | ₹16.26 Cr | ₹37.19 Cr | ₹137.68 Cr | ₹93.27 Cr |
| Profit Before Exceptional Items & Tax | -₹6.55 Cr | -₹4.11 Cr | -₹114.76 Cr | -₹68.24 Cr |
| Exceptional Items | ₹0 | -₹6.21 Lakh | ₹0 | ₹0 |
| Profit Before Tax | -₹6.55 Cr | -₹4.17 Cr | -₹114.76 Cr | -₹68.24 Cr |
| Total Tax Expense | ₹35,000 | -₹55,000 | ₹2.48 Lakh | ₹1.67 Cr |
| Net Profit | -₹6.39 Cr | -₹4.17 Cr | -₹116.59 Cr | -₹69.91 Cr |
| Other Comprehensive Income | -₹41.49 Lakh | ₹6.02 Lakh | ₹0 | ₹0 |
| Total Comprehensive Income | -₹6.8 Cr | -₹4.11 Cr | -₹116.59 Cr | -₹69.91 Cr |
| EBITDA (computed) | -₹5.04 Cr | -₹2.74 Cr | ₹3.2 Cr | -₹3.87 Cr |
| Basic EPS | ₹-0.22 | ₹-0.14 | ₹-3.99 | ₹-2.39 |
| Diluted EPS | ₹-0.22 | ₹-0.14 | ₹-3.99 | ₹-2.39 |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total Assets | ₹36.17 Cr | ₹40.98 Cr | ₹41.5 Cr | ₹39.98 Cr |
| Non-current Assets | ₹17.44 Cr | ₹22.62 Cr | ₹27.08 Cr | - |
| Current Assets | ₹18.73 Cr | ₹18.36 Cr | ₹14.42 Cr | - |
| Property, Plant & Equipment | ₹10.17 Cr | ₹14.09 Cr | ₹19.14 Cr | ₹20.08 Cr |
| Inventories | ₹1.54 Cr | ₹2.42 Cr | ₹4.04 Cr | ₹79.94 Lakh |
| Trade Receivables | ₹7.24 Cr | ₹7.06 Cr | ₹2.5 Cr | - |
| Cash & Equivalents | ₹32.53 Lakh | ₹3.69 Cr | ₹8.45 Lakh | ₹72.69 Lakh |
| Equity (Net Worth) | -₹1,084.71 Cr | -₹1,077.91 Cr | -₹1,073.56 Cr | -₹956.97 Cr |
| Equity Share Capital | ₹58.45 Cr | ₹58.45 Cr | ₹58.45 Cr | ₹58.45 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | - |
| Borrowings (Current) | ₹591.87 Cr | ₹594.64 Cr | ₹589.63 Cr | - |
| Total Debt (computed) | ₹591.87 Cr | ₹594.64 Cr | ₹589.63 Cr | - |
| Current Liabilities | ₹1,118.97 Cr | ₹1,117.51 Cr | ₹1,115.06 Cr | - |
| Total Liabilities | ₹1,120.88 Cr | ₹1,118.89 Cr | ₹1,115.06 Cr | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -₹30.35 Lakh | -₹5.08 Cr | ₹126.98 Cr | ₹11 Cr |
| Investing Cash Flow | -₹78.29 Lakh | ₹4.18 Cr | ₹1.39 Lakh | ₹1.33 Cr |
| Financing Cash Flow | -₹2.28 Cr | ₹4.51 Cr | -₹127.63 Cr | -₹6.47 Cr |
| Capital Expenditure | -₹3.46 Cr | -₹4.14 Cr | ₹0 | -₹5.8 Lakh |
| Free Cash Flow (computed) | -₹3.76 Cr | -₹9.22 Cr | ₹126.98 Cr | ₹10.95 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹3.36 Cr | ₹3.6 Cr | -₹64.23 Lakh | ₹5.86 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4.02 Cr | ₹4.7 Cr | ₹4.39 Cr | ₹12.67 Cr | ₹24.71 Cr | ₹20.7 Cr |
| Other Income | ₹2.82 Cr | ₹22.39 Cr | ₹8.23 Cr | ₹6.73 Cr | ₹37 Cr | ₹48.95 Cr |
| Total Income | ₹6.84 Cr | ₹27.09 Cr | ₹12.62 Cr | ₹19.4 Cr | ₹61.71 Cr | ₹69.64 Cr |
| Cost of Materials Consumed | ₹4.99 Cr | ₹2.61 Cr | ₹3.06 Cr | ₹10.04 Cr | ₹20.73 Cr | ₹74.55 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.05 Cr |
| Employee Benefit Expense | ₹1.94 Cr | ₹1.96 Cr | ₹2.02 Cr | ₹3.14 Cr | ₹4.7 Cr | ₹7.14 Cr |
| Finance Costs | ₹1.03 Cr | ₹50.47 Lakh | ₹117.03 Cr | ₹63.35 Cr | ₹186.11 Cr | ₹96.24 Cr |
| Depreciation & Amortisation | ₹26.79 Lakh | ₹67.51 Lakh | ₹74.19 Lakh | ₹82.61 Lakh | ₹1.23 Cr | ₹1.58 Cr |
| Other Expenses | ₹5.06 Cr | ₹24.76 Cr | ₹10.39 Cr | ₹13.05 Cr | ₹69.44 Cr | ₹394.28 Cr |
| Total Expenses | ₹13.28 Cr | ₹30.51 Cr | ₹133.24 Cr | ₹90.4 Cr | ₹282.22 Cr | ₹574.84 Cr |
| Profit Before Exceptional Items & Tax | -₹6.44 Cr | -₹3.42 Cr | -₹120.61 Cr | -₹71 Cr | -₹220.51 Cr | -₹505.2 Cr |
| Exceptional Items | ₹0 | -₹6.21 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹6.44 Cr | -₹3.48 Cr | -₹120.61 Cr | -₹71 Cr | -₹220.51 Cr | -₹505.2 Cr |
| Total Tax Expense | ₹0 | ₹46,000 | ₹2.48 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹6.44 Cr | -₹3.49 Cr | -₹120.64 Cr | -₹72.63 Cr | -₹220.04 Cr | -₹505.22 Cr |
| Other Comprehensive Income | -₹41.49 Lakh | ₹6.02 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹6.86 Cr | -₹3.42 Cr | -₹120.64 Cr | -₹72.63 Cr | -₹220.04 Cr | -₹505.22 Cr |
| EBITDA (computed) | -₹5.15 Cr | -₹2.24 Cr | -₹2.85 Cr | -₹6.83 Cr | -₹33.17 Cr | -₹407.38 Cr |
| Basic EPS | ₹-0.23 | ₹0.12 | ₹0.00 | ₹-2.49 | ₹-7.53 | ₹-17.29 |
| Diluted EPS | ₹-0.23 | ₹0.12 | ₹0.00 | ₹-2.49 | ₹-7.53 | ₹-17.29 |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Total Assets | ₹20.24 Cr | ₹25.62 Cr | ₹23.95 Cr | ₹25.89 Cr | ₹30.4 Cr | ₹55.22 Cr |
| Non-current Assets | ₹9.73 Cr | ₹15.52 Cr | ₹20.43 Cr | ₹21.17 Cr | ₹24.97 Cr | ₹32.89 Cr |
| Current Assets | ₹10.51 Cr | ₹10.1 Cr | ₹3.52 Cr | ₹4.72 Cr | ₹5.42 Cr | ₹22.33 Cr |
| Property, Plant & Equipment | ₹5.46 Cr | ₹11.03 Cr | ₹15.94 Cr | ₹16.68 Cr | ₹17.51 Cr | ₹20.71 Cr |
| Inventories | ₹30.43 Lakh | ₹1.03 Cr | ₹27.71 Lakh | ₹66.99 Lakh | ₹33.62 Lakh | ₹2.27 Cr |
| Trade Receivables | ₹4.27 Cr | ₹4.3 Cr | ₹1.82 Cr | ₹1.93 Cr | ₹1.69 Cr | ₹18.15 Cr |
| Cash & Equivalents | ₹2.01 Lakh | ₹3.51 Cr | ₹8.26 Lakh | ₹61.52 Lakh | ₹70.95 Lakh | ₹18.7 Lakh |
| Equity (Net Worth) | -₹1,090.03 Cr | -₹1,083.17 Cr | -₹1,079.75 Cr | -₹959.11 Cr | -₹886.48 Cr | -₹666.73 Cr |
| Equity Share Capital | ₹58.45 Cr | ₹58.45 Cr | ₹58.45 Cr | ₹58.45 Cr | ₹58.45 Cr | ₹58.45 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹598.74 Cr | ₹600.14 Cr | ₹599.23 Cr | ₹588.77 Cr | ₹533.11 Cr | ₹521.86 Cr |
| Total Debt (computed) | ₹598.74 Cr | ₹600.14 Cr | ₹599.23 Cr | ₹588.77 Cr | ₹533.11 Cr | ₹521.86 Cr |
| Current Liabilities | ₹1,108.37 Cr | ₹1,107.41 Cr | ₹1,102.26 Cr | ₹983.37 Cr | ₹915.66 Cr | ₹720.97 Cr |
| Total Liabilities | ₹1,110.27 Cr | ₹1,108.79 Cr | ₹1,103.69 Cr | ₹985 Cr | ₹916.88 Cr | ₹721.95 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -₹6.88 Cr | -₹1.27 Cr | ₹122.1 Cr | ₹2.74 Cr | ₹207.19 Cr | ₹41.31 Cr |
| Investing Cash Flow | ₹5.57 Cr | ₹4.29 Cr | ₹0 | ₹0 | ₹0 | -₹65.11 Cr |
| Financing Cash Flow | -₹2.19 Cr | ₹40.52 Lakh | -₹122.64 Cr | -₹2.84 Cr | -₹206.67 Cr | ₹22.6 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹6.88 Cr | -₹1.27 Cr | ₹122.1 Cr | ₹2.74 Cr | ₹207.19 Cr | ₹41.31 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹77,000 | ₹1.27 Lakh |
| Net Change in Cash | -₹3.49 Cr | ₹3.43 Cr | -₹53.27 Lakh | -₹9.43 Lakh | ₹52.29 Lakh | -₹1.2 Cr |
Ownership and Shareholding of Nitin Fire Protection Industries Limited
Shareholding and ownership data for Nitin Fire Protection Industries Limited
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Group Structure of Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2018. The corporate group structure reflects Nitin Fire Protection Industries Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Eurotech Cylinders Private Limited | U28121MH2005PTC152345 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Nitin Fire Protection Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2015 | Ifci Limited | ₹40 Cr | Open |
| 11 Jun 2015 | Pnb Housing Finance Limited | ₹5.52 Cr | Open |
| 20 Mar 2015 | Others | ₹5.3 Cr | Open |
| 10 Dec 2014 | Ifci Limited | ₹20.75 Cr | Open |
| 16 Nov 2016 | Others | ₹37 Lakh | Satisfied |
Total charge records: 20 View all charges
Employees and EPFO Compliance at Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited has a workforce of 35 employees as of Mar 28, 2024.
Employee and EPFO history for Nitin Fire Protection Industries Limited
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GST Compliance of Nitin Fire Protection Industries Limited
GST registrations and filing compliance for Nitin Fire Protection Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nitin Fire Protection Industries Limited
Credit ratings, litigation, and regulatory alerts for Nitin Fire Protection Industries Limited
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MSME Payment Delays by Nitin Fire Protection Industries Limited
MSME payment history for Nitin Fire Protection Industries Limited
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Subsidiaries & Group Companies of Nitin Fire Protection Industries Limited
Corporate group structure for Nitin Fire Protection Industries Limited
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MCA Filings & Documents of Nitin Fire Protection Industries Limited
MCA filings and documents for Nitin Fire Protection Industries Limited
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Recent Activity on Nitin Fire Protection Industries Limited
Frequently Asked Questions about Nitin Fire Protection Industries Limited
Nitin Fire Protection Industries Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Nitin Fire Protection Industries Limited is a company under insolvency, formerly operating as a public limited company in the machinery and equipment sector based in Mumbai, Maharashtra, India. It was incorporated on 04 September 1995 and is registered under CIN L29193MH1995PLC092323. Listed on BSE: 532854 and NSE: BZ : NITINFIRE. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nitin Fire Protection Industries Limited reported revenue of ₹6.89 Cr for FY 2024 (down 31.01% YoY) based on consolidated NSE filings.
The current directors and KMP of Nitin Fire Protection Industries Limited are:
- Nitin Mansukhlal Shah - Director
- Kailat Hariharan Vaidyanathan - Director
- Rahul Nitin Shah - Ceo
The CIN (Corporate Identification Number) of Nitin Fire Protection Industries Limited is L29193MH1995PLC092323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Nitin Fire Protection Industries Limited is listed on both BSE (code: 532854) and NSE (symbol: BZ : NITINFIRE).