Nordic (India) Solutions Private Limited

Nordic (India) Solutions Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U31300TN2010PTC075545 Incorporated 03 May 2010 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company energy and power MSME · Small
Revenue · FY 2024
₹6.78 Cr
▼ 25% YoY
Net profit · FY 2024
₹1.9 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹52.96 Lakh
EBITDA margin 7.8%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹27.87 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹13.35 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
23
Provident fund records

About Nordic (India) Solutions Private Limited

Data last updated:

Nordic (India) Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31300TN2010PTC075545. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.87 Lakh. It is led by directors Satish Madathil Nair (Managing Director) and Sindhu Vadavattath Nair.

Its last annual general meeting (AGM) was held on 24 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 223/2A Union Road Irandamkattali Kovur (Po), Chennai, Tamil Nadu, India – 600128.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.78 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Lakh (net margin 0.3%) and EBITDA of ₹52.96 Lakh (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 23% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹13.35 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 1 case is pending.

Nordic (India) Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0003671). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nordicindia.com.

Company details

CIN U31300TN2010PTC075545
Registration Number 075545
Incorporation Date 03 May 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-08-0003671
Key People
Satish Madathil Nair Managing Director Sindhu Vadavattath Nair Director

Recognitions & Rankings of Nordic (India) Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-08-0003671

Contact details

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

  • Email
  • Telephone
  • Website
    nordicindia.com
  • Registered Address
    No 223/2A Union Road Irandamkattali Kovur (Po), Chennai, Tamil Nadu, India – 600128
  • Industry
    Energy and Power, Power Equipment Manufacturers

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

Comprehensive company report
Nordic (India) Solutions 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 activities of Nordic (India) Solutions are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
GTradeG1Wholesale Trading

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

Financials of Nordic (India) Solutions Private Limited

FY 2025 filings available

Nordic (India) Solutions Private Limited reported revenue of ₹6.78 Cr (down 25% YoY) for FY 2024.

Revenue · FY 2024
₹6.78 Cr ▼ 25%
Net profit · FY 2024
₹1.9 Lakh margin 0.3%
EBITDA · FY 2024
₹52.96 Lakh margin 7.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 1%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 38%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 25% fall in the latest year. EBITDA fell 1% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹52.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.9 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.8%
Net Profit Margin0.3%
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 Nordic (India) Solutions Private Limited, buy the company report.

Board of directors of Nordic (India) Solutions Private Limited

Nordic (India) Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sindhu Vadavattath NairDirector03 May 201016 Years 6 MonthsCurrent
Satish Madathil NairManaging Director03 May 201016 Years 6 MonthsCurrent
View all directors

Auditor

Nordic (India) Solutions Private Limited is audited by PRASAD & SRINATH for the financial year 2021.

Auditor firmFinancial yearFirm registration number
PRASAD & SRINATHFY 2021005826S

Shareholding

The shareholding of Nordic (India) Solutions 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
₹13.35 Cr
Breakdown by lending institutions
Axis Bank Limited₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Feb 2026101235014Axis Bank Limited₹2 CrOpen
02 Feb 2021100451595Others₹3.5 CrSatisfied
07 Jul 2020100348330Others₹50 LakhSatisfied
04 Jul 2017100110313Others₹6.88 CrSatisfied
14 Jan 201510548696Rbl Bank Limited₹1.5 CrSatisfied

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

Total charge records: 6 View all charges

MSME payment delays

Nordic (India) Solutions Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 74 overdue payments to 18 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 (5 of 18)

SupplierAmount dueDue sinceReported on
an individual supplier
R R Connectics
Prism Industrial Solutions
Fomra Electricals (Agencies)
Samas Engineering Corporation

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

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Nordic (India) Solutions Private Limited has a workforce of 23 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
9.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2723
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
FY 2015-16
FY 2014-15

To see the full employee and EPFO history of Nordic (India) Solutions Private Limited, buy the company report.

GST

Nordic (India) Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

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

Recent activity

Nordic (India) Solutions Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Vimalendiran Krishnamoorthy ceased to be Director on 11 Jun 2019.

Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 101235014 was registered on 10 Feb 2026.
Charges
A charge registered on 02 Feb 2021 via Charge ID 100451595 with Others was fully satisfied on 21 Jan 2026.
AGM
Nordic (India) Solutions Private Limited last Annual general meeting of members was held on 24 Nov 2025 as per latest MCA records.
Charges
A charge registered on 07 Jul 2020 via Charge ID 100348330 with Others was fully satisfied on 25 Apr 2025.
Charges
A charge registered on 04 Jul 2017 via Charge ID 100110313 with Others was fully satisfied on 25 Apr 2025.
Filing
Nordic (India) Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 02 Feb 2021 with Charge ID 100451595 was modified on 13 Jul 2021.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 100451595 was registered on 02 Feb 2021.
Charges
A charge with Others of Rs. 50.00 Lakh registered on 07 Jul 2020 with Charge ID 100348330 was modified on 05 Nov 2020.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100348330 was registered on 07 Jul 2020.
Ceased
Vimalendiran Krishnamoorthy ceased to be Director.
Charges
A charge with Others of Rs. 688.00 Lakh registered on 04 Jul 2017 with Charge ID 100110313 was modified on 06 Jul 2018.

11 earlier events are in the company report.

News

Frequently asked questions

Nordic (India) Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 May 2010 (16+ years old) and is registered under CIN U31300TN2010PTC075545.

Nordic (India) Solutions has 2 current directors:

The latest financial statements of Nordic (India) Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 November 2025. Year-wise statements from 2015 are in the company report.

No. Nordic (India) Solutions has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Nordic (India) Solutions is U31300TN2010PTC075545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nordic (India) Solutions has 8 court cases on record: 4 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.

Nordic (India) Solutions was incorporated on 03 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.

Vimalendiran Krishnamoorthy ceased to be Director on 11 Jun 2019. Satish Madathil Nair ceased to be Director on 05 May 2011. Satish Madathil Nair was appointed as Managing Director on 03 May 2010. Nordic (India) Solutions has 4 board changes on record in total.

Yes, Nordic (India) Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0003671).

Nordic (India) Solutions has 7 MSME Form 1 returns on record between 2019 and 2023, listing 74 overdue payments to 18 micro and small suppliers. The latest return was filed on 27 Apr 2023.

Nordic (India) Solutions can be reached through the website nordicindia.com. Its registered office is in Chennai, Tamil Nadu, India.