Nitin Wirenetting (India) Private Limited

Nitin Wirenetting (India) Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2012PTC088315 Incorporated 01 November 2012 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹20.27 Cr
▲ 9% YoY
Net profit · FY 2025
₹98.73 Lakh
Net margin 4.9%
EBITDA · FY 2025
₹2 Cr
EBITDA margin 9.9%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.1 Cr
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹1.25 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
26
Provident fund records

About Nitin Wirenetting (India) Private Limited

Data last updated:

Nitin Wirenetting (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 01 November 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2012PTC088315. Its GSTIN is 33AAECN1669D1ZP (Tamil Nadu).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.1 Cr. It is led by directors including Shweta Jain and Nitin.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No.16 (Old No.86) 3rd Floor E V K Sampath Road Vepery, Chennai, Tamil Nadu, India – 600007.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.27 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹98.73 Lakh (net margin 4.9%) and EBITDA of ₹2 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.

The company has about 26 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.

Nitin Wirenetting (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0007507). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitinwiregroup.com.

Company details

CIN U74999TN2012PTC088315
Registration Number 088315
Incorporation Date 01 November 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0007507
Key People
Shweta Jain Director Nitin Director Suraj Devi Director

Recognitions & Rankings of Nitin Wirenetting (India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0007507

Contact details

Nitin Wirenetting (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is nitinwiregroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nitinwiregroup.com
  • Registered Address
    Door No.16 (Old No.86) 3rd Floor E V K Sampath Road Vepery, Chennai, Tamil Nadu, India – 600007
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of Nitin Wirenetting (India) Private Limited, buy the company report.

Comprehensive company report
Nitin Wirenetting (India) 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 Nitin Wirenetting (India) is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Nitin Wirenetting (India) Private Limited, buy the company report.

Financials of Nitin Wirenetting (India) Private Limited

FY 2024 filings available

Nitin Wirenetting (India) Private Limited reported revenue of ₹20.27 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹20.27 Cr ▲ 9%
Net profit · FY 2025
₹98.73 Lakh margin 4.9%
EBITDA · FY 2025
₹2 Cr margin 9.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 6%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 15%
5 years · compounded
▲ 17%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 9% growth in the latest year. EBITDA rose 13% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹98.73 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.9%
Net Profit Margin4.9%
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 Nitin Wirenetting (India) Private Limited, buy the company report.

Board of directors of Nitin Wirenetting (India) Private Limited

Nitin Wirenetting (India) has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shweta Jain
Also directs: Nitin Ventures LLP, Nitin Wires and Meshes Private Limited
Director01 Oct 20242 Years 1 MonthsCurrent
Nitin
Also directs: Nitin Ventures LLP
Director01 Nov 201610 Years 0 MonthsCurrent
Suraj Devi
Also directs: Nitin Ventures LLP
Director01 Nov 201214 Years 0 MonthsCurrent
Ramesh Sonam Jain
Also directs: Nitin Ventures LLP
Director01 Nov 201214 Years 0 MonthsCurrent
Navin Chandra
Also directs: Nitin Ventures LLP, Nitin Wires and Meshes Private Limited
Director01 Oct 20242 Years 1 MonthsCurrent
Kanniyalal Navneeth
Also directs: Nitin Ventures LLP, Nitin Security Fence Private Limited
Director01 Oct 20197 Years 1 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Nitin Wirenetting (India) Private Limited is audited by UTTAM CHAND BAGHMAR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
UTTAM CHAND BAGHMAR & COFY 2023007226S

Shareholding

The shareholding of Nitin Wirenetting (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nitin Wirenetting (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3 Cr
Satisfied charges
₹1.25 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 May 201410501073Hdfc Bank Limited₹3 CrOpen
27 Mar 201310416871Icici Bank Limited₹1.25 CrSatisfied

To see the full charge records of Nitin Wirenetting (India) Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Nitin Wirenetting (India) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier

To see the full MSME payment records of Nitin Wirenetting (India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Nitin Wirenetting (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAECN1669D1ZPTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Nitin Wirenetting (India) Private Limited, buy the company report.

Recent activity

Nitin Wirenetting (India) Private Limited has 11 board changes on record since 2012: 8 appointments and 3 cessations. The latest: Kanyalal Jain was appointed as Director on 01 Oct 2024.

Appointed
Kanyalal Jain was appointed as Director.
Appointed
Navin Chandra was appointed as Director.
Appointed
Navinchandra Savita Jain was appointed as Director.
Appointed
Shweta Jain was appointed as Director.
AGM
Nitin Wirenetting (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nitin Wirenetting (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 08 May 2014 with Charge ID 10501073 was modified on 06 May 2023.
Appointed
Kanniyalal Navneeth was appointed as Director.
Ceased
Nitin ceased to be Additional Director.
Appointed
Nitin was appointed as Director.
Ceased
Kanniyalal Navneeth ceased to be Director.
Charges
A charge registered on 27 Mar 2013 via Charge ID 10416871 with Icici Bank Limited was fully satisfied on 20 Feb 2015.

6 earlier events are in the company report.

Frequently asked questions

Nitin Wirenetting (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 01 November 2012 (14+ years old) and is registered under CIN U74999TN2012PTC088315.

Nitin Wirenetting (India) has 8 current directors:

The latest financial statements of Nitin Wirenetting (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Nitin Wirenetting (India) is 33AAECN1669D1ZP, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Nitin Wirenetting (India) is U74999TN2012PTC088315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nitin Wirenetting (India) has 2 court cases on record: 2 filed against it. 1 is pending.

Nitin Wirenetting (India) was incorporated on 01 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.

Kanyalal Jain was appointed as Director on 01 Oct 2024. Navin Chandra was appointed as Director on 01 Oct 2024. Navinchandra Savita Jain was appointed as Director on 01 Oct 2024. Nitin Wirenetting (India) has 11 board changes on record in total.

Yes, Nitin Wirenetting (India) is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0007507).

Nitin Wirenetting (India) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 May 2019.

Nitin Wirenetting (India) can be reached through the website nitinwiregroup.com. Its registered office is in Chennai, Tamil Nadu, India.