Novartis Energy Private Limited
About Novartis Energy Private Limited
Data last updated:
Novartis Energy Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 25 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U23109MH2011PTC217892. Its GSTIN is 27AADCN6336J1Z8 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors Deepak Ashutosh Bharadwaj (Managing Director) and Sudhanshu Suresh Godbole.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 3 Varun Apartments Opp. Somalwar High School Trisaran Nagar Khamla, Nagpur, Maharashtra, India – 440025.
As per the financials filed for FY 2015, the company reported a revenue of ₹17.56 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹13.02 Lakh (net margin 0.7%) and EBITDA of ₹61.01 Lakh (EBITDA margin 3.5%).
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 8 cases involving the company, including 8 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Novartis Energy Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3 Varun Apartments Opp. Somalwar High School Trisaran Nagar Khamla, Nagpur, Maharashtra, India – 440025
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Novartis Energy 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
Financials of Novartis Energy Private Limited
FY 2015 filings availableNovartis Energy Private Limited reported revenue of ₹17.56 Cr (up 62% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 62% in the latest year. EBITDA rose 109% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹17.56 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹61.01 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹13.02 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 3.5% |
| Net Profit Margin | 0.7% |
| 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 Novartis Energy Private Limited, buy the company report.
Board of directors of Novartis Energy Private Limited
Novartis Energy has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Ashutosh Bharadwaj Also directs: Radiant Udyog Private Limited | Managing Director | 25 May 2011 | 15 Years 5 Months | Current |
| Sudhanshu Suresh Godbole Also directs: Godbole (G) Naturals and Dairy Farms LLP | Director | 19 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Novartis Energy Private Limited is audited by PRAFULLA KHIWASARA & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAFULLA KHIWASARA & ASSOCIATES | FY 2015 | 120881W |
Shareholding
The shareholding of Novartis Energy Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Novartis Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2011 | 10309906 | Bank of Maharashtra | ₹10 Cr | Open |
To see the full charge records of Novartis Energy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Novartis Energy Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd. | Disposed |
| District court, Nagpur, Maharashtra | Court case (Reg Dkst) | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| District court, Nagpur, Maharashtra | Court case (Reg Dkst) | Filed against the company by Magma Fincorp Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Capital First Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Ltd | Disposed |
To see the full case history of Novartis Energy 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.
Credit ratings & regulatory alerts
Novartis Energy Private Limited was last rated by Crisil on 16 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Apr 2021 |
To see the full credit ratings and regulatory alerts of Novartis Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novartis Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novartis Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN6336J1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novartis Energy Private Limited, buy the company report.
Recent activity
Novartis Energy Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Sudhanshu Suresh Godbole was appointed as Director on 19 Jul 2017.
1 earlier event is in the company report.
Frequently asked questions
Novartis Energy is an active private limited company based in Nagpur, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 25 May 2011 (15+ years old) and is registered under CIN U23109MH2011PTC217892.
Novartis Energy has 2 current directors:
- Deepak Ashutosh Bharadwaj - Managing Director
- Sudhanshu Suresh Godbole - Director
The latest financial statements of Novartis Energy on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The GSTIN of Novartis Energy is 27AADCN6336J1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Novartis Energy is U23109MH2011PTC217892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novartis Energy has 8 court cases on record: 8 filed against it.
Novartis Energy was incorporated on 25 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Nagpur.
Sudhanshu Suresh Godbole was appointed as Director on 19 Jul 2017. Suhani Deepak Bharadwaj ceased to be Director on 17 Jul 2017. Bhaurao Punjabrao Gawande ceased to be Additional Director on 24 Oct 2014. Novartis Energy has 8 board changes on record in total.
The registered office of Novartis Energy is at 3 Varun Apartments Opp. Somalwar High School Trisaran Nagar Khamla, Nagpur, Maharashtra, India – 440025.
Novartis Energy operates in the chemicals and materials industry, in the chemical distribution and retail segment.
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