Nizerolles Systems Electronics India Private Limited
About Nizerolles Systems Electronics India Private Limited
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Nizerolles Systems Electronics India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Nse (France). It operates in the aircraft and component dealership segment of the transport and logistics sector. It was incorporated on 16 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018FTC117648. Its GSTIN is 29AAGCN2512H1ZK (Karnataka).
The company has an authorised share capital of ₹4.85 Cr and a paid-up capital of ₹1.57 Cr. It is led by directors including Mathieu Henri Dominique Forget and Syed Mudassir.
Its last annual general meeting (AGM) was held on 13 May 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.32 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 0.6%) and EBITDA of ₹12.26 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo 59 3rd Cross, 17th Main 2nd Block, Bangalore, Karnataka, India – 560034
- IndustryTransport and Logistics, Aircraft & Component Dealership
- 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
- One PDF report, delivered after checkout
Financials of Nizerolles Systems Electronics India Private Limited FY 2024 filings available
Nizerolles Systems Electronics India Private Limited reported revenue of ₹2.32 Cr (down 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Nizerolles Systems Electronics India Private Limited
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 91% 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 of Nizerolles Systems Electronics India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.32 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.3 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 of Nizerolles Systems Electronics India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots 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 Nizerolles Systems Electronics India are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nizerolles Systems Electronics India Private Limited
Nizerolles Systems Electronics India Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Aircraft and Components Dealers, Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prime Infradevelopers Maintenance Services Private Limited | ₹2.54 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Gurugram, Haryana, India |
| Inmar Engineering Services Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Spire Innovative Engineering Private Limited | ₹2.53 Cr (FY 2024) | •••• | •••• | 395.0% | •••• | Gurugram, Haryana, India |
| Star Aircon Engineers Private Limited | ₹2.51 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Renaissance Maintenance Private Limited | ₹2.51 Cr (FY 2024) | •••• | •••• | 82.0% | •••• | Kolkata, West Bengal, India |
| HN Rsekure India Private Limited | ₹2.5 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Ose Techno Projects India Private Limited | ₹2.5 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Ichapuram, Andhra Pradesh, India |
| Hemm Dynamic Solution India Private Limited | ₹2.5 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Satna, Madhya Pradesh, India |
| Instantel Hydraulic Solutions Private Limited | ₹2.5 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Mercstone International Private Limited | ₹2.49 Cr (FY 2024) | •••• | •••• | 229.0% | •••• | Kolkata, West Bengal, India |
| Nizerolles Systems Electronics India Private Limited this company | ₹2.32 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Nizerolles Systems Electronics India by revenue in the Aviation industry (Aircraft and Components Dealers, Maintenance Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nizerolles Systems Electronics India Private Limited
Nizerolles Systems Electronics India Private Limited is audited by M N GIRIDHARA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N GIRIDHARA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nizerolles Systems Electronics India Private Limited
Nizerolles Systems Electronics India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathieu Henri Dominique Forget Also directs: Hical NSE Electronics Private Limited | Director | 15 Feb 2021 | 5 Years 7 Months | Current |
| Syed Mudassir | Director | 08 Dec 2023 | 2 Years 10 Months | Current |
| Jerome Fabre Also directs: Hical NSE Electronics Private Limited | Additional Director | 14 Oct 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Nizerolles Systems Electronics India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nizerolles Systems Electronics India Private Limited
Nizerolles Systems Electronics India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nizerolles Systems Electronics India Private Limited
Employment history and EPFO contributions of people linked to Nizerolles Systems Electronics India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nizerolles Systems Electronics India Private Limited
Nizerolles Systems Electronics India Private Limited has 10 board changes on record since 2020: 4 appointments and 6 cessations. The latest: Jerome Fabre was appointed as Additional Director on 14 Oct 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nizerolles Systems Electronics India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nizerolles Systems Electronics India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nizerolles Systems Electronics India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nizerolles Systems Electronics India Private Limited
Nizerolles Systems Electronics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN2512H1ZK | Karnataka | Active | 12 Apr 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nizerolles Systems Electronics India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nizerolles Systems Electronics India Private Limited
Nizerolles Systems Electronics India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component dealership, within the transport and logistics industry. It was incorporated on 16 October 2018 (8+ years old) and is registered under CIN U74999KA2018FTC117648.
Nizerolles Systems Electronics India reported revenue of ₹2.32 Cr for FY 2023 (down 8% YoY).
Nizerolles Systems Electronics India has 3 current directors:
- Mathieu Henri Dominique Forget - Director
- Syed Mudassir - Director
- Jerome Fabre - Additional Director
Nizerolles Systems Electronics India reported a net profit of ₹1.3 Lakh (net margin 0.6%) and EBITDA of ₹12.26 Lakh (EBITDA margin 5.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nizerolles Systems Electronics India is 22% over three years. In the latest year (FY 2023) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nizerolles Systems Electronics India is 29AAGCN2512H1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Nizerolles Systems Electronics India is U74999KA2018FTC117648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nizerolles Systems Electronics India was incorporated on 16 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nizerolles Systems Electronics India by revenue are Prime Infradevelopers Maintenance Services Private Limited, Inmar Engineering Services Private Limited, Spire Innovative Engineering Private Limited, Star Aircon Engineers Private Limited, Renaissance Maintenance Private Limited and 5 more, all in the Aviation industry (Aircraft and Components Dealers, Maintenance Services).
Jerome Fabre was appointed as Additional Director on 14 Oct 2025. Francois Jean Michel Lacoste was appointed as Director on 10 Apr 2025. Syed Mudassir ceased to be Additional Director on 02 Jun 2024. Nizerolles Systems Electronics India has 10 board changes on record in total.
The registered office of Nizerolles Systems Electronics India is at No 59 3rd Cross, 17th Main 2nd Block, Bangalore, Karnataka, India – 560034.