Nitin Marketing Services Private Limited
About Nitin Marketing Services Private Limited
Data last updated:
Nitin Marketing Services Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 27 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH2018PTC307203. Its GSTIN is 27AAGCN0014N1ZI (Maharashtra).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors including Nitin Krishnarao Vaidya (Managing Director) and Atharva Nitin Vaidya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 07 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 20 Shridevi Complex Subhash Road, Nagpur, Maharashtra, India – 440018.
As per the financials filed for FY 2024, the company reported a revenue of ₹434.74 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹4.41 Cr (net margin 1%) and EBITDA of ₹9.44 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 22% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.91 Cr on record. Court records list 20 cases involving the company, including 2 filed by the company and 18 filed against it; 16 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in March 2018. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 14 overdue payments to 4 micro and small suppliers.
Company details
Contact details
Nitin Marketing Services Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 20 Shridevi Complex Subhash Road, Nagpur, Maharashtra, India – 440018
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Nitin Marketing Services 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
Business activity
The main business activity of Nitin Marketing Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nitin Marketing Services Private Limited, buy the company report.
Financials of Nitin Marketing Services Private Limited
FY 2024 filings availableNitin Marketing Services Private Limited reported revenue of ₹434.74 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 25% growth in the latest year. EBITDA fell 3% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹9.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.41 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 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 Nitin Marketing Services Private Limited, buy the company report.
Board of directors of Nitin Marketing Services Private Limited
Nitin Marketing Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Krishnarao Vaidya | Managing Director | 27 Mar 2018 | 8 Years 7 Months | Current |
| Atharva Nitin Vaidya Also directs: Agrosmart Services Private Limited, Devwrat Logistics Private Limited, Devwrat Farms Private Limited and 1 more | Whole-Time Director | 13 Mar 2023 | 3 Years 7 Months | Current |
| Abhilekh Nitin Vaidya | Whole-Time Director | 27 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Nitin Marketing Services Private Limited is audited by R D Agarwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D Agarwal & Co. | FY 2023 | 100088W |
Shareholding
The shareholding of Nitin Marketing Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nitin Marketing Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2025 | 101201175 | Hdfc Bank Limited | ₹29.33 Lakh | Open | |
| 03 Oct 2025 | 101166386 | Others | ₹7.73 Lakh | Open | |
| 07 Aug 2025 | 101135108 | Others | ₹18.5 Lakh | Open | |
| 02 May 2025 | 101099167 | Others | ₹55.45 Lakh | Open | |
| 30 Nov 2024 | 101013117 | Others | ₹2 Cr | Open |
To see the full charge records of Nitin Marketing Services Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Nitin Marketing Services Private Limited has 1 deal on record (1 rights issue); the latest was in March 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹40 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nitin Marketing Services Private Limited has 20 court cases on record: 2 filed by Nitin Marketing Services, 18 filed against it. 16 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 18 | 16 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Government of Maharashtra | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Government of Maharashtra Represented by Sonali Dinkar Gajbe | Pending |
| District court, Amravati, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Wardha, Maharashtra | Civil suit | Filed against the company | Pending |
To see the full case history of Nitin Marketing Services 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
Nitin Marketing Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 14 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pratham Biotech Private Limited | |||
| United Pesticides Raipur Private Limited | |||
| an individual supplier | |||
| Privi Life Sciences Private Limited |
To see the full MSME payment records of Nitin Marketing Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nitin Marketing Services Private Limited has a workforce of 7 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Nitin Marketing Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN0014N1ZI | Maharashtra | Active | 01 Apr 2018 |
To see the full GST registrations and return filing status of Nitin Marketing Services Private Limited, buy the company report.
Recent activity
Nitin Marketing Services Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Atharva Nitin Vaidya ceased to be Director on 30 Mar 2025.
10 earlier events are in the company report.
Frequently asked questions
Nitin Marketing Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 27 March 2018 (8+ years old) and is registered under CIN U01100MH2018PTC307203.
Nitin Marketing Services has 3 current directors:
- Nitin Krishnarao Vaidya - Managing Director
- Atharva Nitin Vaidya - Whole-Time Director
- Abhilekh Nitin Vaidya - Whole-Time Director
The latest financial statements of Nitin Marketing Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 December 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Nitin Marketing Services is 27AAGCN0014N1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nitin Marketing Services is U01100MH2018PTC307203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitin Marketing Services has 20 court cases on record: 2 filed by the company and 18 filed against it. 16 are pending.
Nitin Marketing Services was incorporated on 27 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitin Marketing Services has 1 deal on record (1 rights issue); the latest was in March 2018.
Atharva Nitin Vaidya ceased to be Director on 30 Mar 2025. Atharva Nitin Vaidya was appointed as Whole-Time Director on 13 Mar 2023. Abhilekh Nitin Vaidya ceased to be Director on 01 Apr 2018. Nitin Marketing Services has 7 board changes on record in total.
Nitin Marketing Services has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 14 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.
The registered office of Nitin Marketing Services is at Shop No. 20 Shridevi Complex Subhash Road, Nagpur, Maharashtra, India – 440018.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
