
About Nityanand Udyog Limited
Data last updated:
Nityanand Udyog Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 05 March 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1976PLC018874. Its GSTIN is 27AAACN7201R1Z5 (Maharashtra).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹10.92 Cr. It is led by directors including Gaurav Agarwal (Managing Director) and Narendra Manikrao Ajankar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.63 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.64 Cr (net margin 19.6%) and EBITDA of ₹7 Cr (EBITDA margin 29.6%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 41% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nityanand Udyog. As per MCA filings, the company has open charges of ₹8.64 Cr and satisfied charges of ₹19.98 Cr on record. Court records list 14 cases involving the company, including 4 filed by the company and 10 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nityanandudyog.com.
Company details
CIN history
Nityanand Udyog has one previous CIN (Corporate Identification Number): U24100MH1976PTC018874. The current CIN is U24100MH1976PLC018874, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH1976PLC018874 | Current |
| U24100MH1976PTC018874 | Previous |
Contact details
Nityanand Udyog Limited's registered office is in Nagpur, Maharashtra. Its website is nityanandudyog.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 6 – A MIDC, Hingna Road, Nagpur, Maharashtra, India – 440016
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of Nityanand Udyog 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
Brands
Nityanand Udyog operates one associated brand: NITYANAND UDYOG. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer & designer of plastic injection molding machines | nityanandudyog.com |
Business activity
The main business activity of Nityanand Udyog is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Nityanand Udyog Limited, buy the company report.
Financials of Nityanand Udyog Limited
FY 2025 filings availableNityanand Udyog Limited reported revenue of ₹23.63 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 1% growth in the latest year. EBITDA rose 66% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.64 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.6% | ||||
| Net Profit Margin | 19.6% | ||||
| 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 Nityanand Udyog Limited, buy the company report.
Board of directors and KMP of Nityanand Udyog Limited
Nityanand Udyog Limited currently reports 5 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Manikrao Ajankar Also directs: Shree Radhe Fibres Pvt Ltd | Director | 14 Jul 2023 | 3 Years 3 Months | Current |
| Sanjay Verma | Director | 01 Sep 2024 | 2 Years 2 Months | Current |
| Dilip Vishwanath Gondnale Also directs: Strafer RBH Trading LLP, DND Enterprises Private Limited | Director | 01 Sep 2024 | 2 Years 2 Months | Current |
| Thulaseedharan Pillai | Cfo | 04 Jun 2025 | 1 Years 5 Months | Current |
| Gaurav Agarwal | Managing Director | 25 Nov 2022 | 3 Years 11 Months | Current |
| Anjali Chaitanya Kanoria | Director | 01 Sep 2024 | 2 Years 2 Months | Current |
Auditor
Nityanand Udyog Limited is audited by LOYA BAGRI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOYA BAGRI & CO | FY 2023 | 105658W |
Shareholding
The shareholding of Nityanand Udyog 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nityanand Udyog Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2025 | 101146114 | Sidbi | ₹49.27 Lakh | Open | |
| 08 May 2025 | 101096555 | Others | ₹1.05 Cr | Open | |
| 20 Mar 2025 | 101095238 | Others | ₹1.08 Cr | Open | |
| 08 Aug 2024 | 100963646 | Axis Bank Limited | ₹2.02 Cr | Open | |
| 19 Dec 2023 | 100835947 | Axis Bank Limited | ₹4 Cr | Open |
To see the full charge records of Nityanand Udyog Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Nityanand Udyog Limited has 14 court cases on record: 4 filed by Nityanand Udyog, 10 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 1 |
| High courts | 4 | 3 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAM) | Filed against the company by an individual | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, Amravati, Maharashtra | Arbitration matter | Filed against the company by M/S. Shrinathji Plastic Industries | Disposed |
| District court, Amravati, Maharashtra | Court case (Reg Dkst) | Filed against the company by M/S. Shrinathji Plastic Industries | Disposed |
To see the full case history of Nityanand Udyog 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 Nityanand Udyog Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nityanand Udyog Limited has a workforce of 66 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 66 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nityanand Udyog Limited, buy the company report.
GST
Nityanand Udyog has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN7201R1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nityanand Udyog Limited, buy the company report.
Recent activity
Nityanand Udyog Limited has 14 board changes on record since 2010: 6 appointments and 8 cessations. The latest: Thulaseedharan Pillai was appointed as CFO on 04 Jun 2025.
26 earlier events are in the company report.
Frequently asked questions
Nityanand Udyog is an active public limited company based in Nagpur, Maharashtra, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 05 March 1976 (50+ years old) and is registered under CIN U24100MH1976PLC018874.
Nityanand Udyog has 6 current directors and KMP:
- Gaurav Agarwal - Managing Director
- Narendra Manikrao Ajankar - Director
- Sanjay Verma - Director
- Dilip Vishwanath Gondnale - Director
- Anjali Chaitanya Kanoria - Director
- Thulaseedharan Pillai - Cfo
The latest financial statements of Nityanand Udyog on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nityanand Udyog is 27AAACN7201R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nityanand Udyog is U24100MH1976PLC018874. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nityanand Udyog has 14 court cases on record: 4 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Nityanand Udyog was incorporated on 05 March 1976, making it 50+ years old. It is registered with the Registrar of Companies, Mumbai.
Thulaseedharan Pillai was appointed as CFO on 04 Jun 2025. Anjali Chaitanya Kanoria was appointed as Director on 01 Sep 2024. Dilip Vishwanath Gondnale was appointed as Director on 01 Sep 2024. Nityanand Udyog has 14 board changes on record in total.
Nityanand Udyog can be reached through the website nityanandudyog.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Nityanand Udyog is at Plot No. 6 – A MIDC, Hingna Road, Nagpur, Maharashtra, India – 440016.

