- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0060952

Novel Engineering Consultants Private Limited
About Novel Engineering Consultants Private Limited
Data last updated:
Novel Engineering Consultants Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering sector. It was incorporated on 24 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74210KA2005PTC037762. Its GSTIN is 29AACCN2096A1ZN (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Thimmaiah Sudhakaraiah (Managing Director) and Dhruvaraja Harinarayanan Iyengar.
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 55 Flat No 1 Ist Floor 8th Cross 5th Main Malleswaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.33 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹3.77 Lakh (net margin -9.4%) and EBITDA of -₹3.32 Lakh (EBITDA margin -8.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
Novel Engineering Consultants Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060952). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Novel Engineering Consultants
Contact details
Novel Engineering Consultants Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address55 Flat No 1 Ist Floor 8th Cross 5th Main Malleswaram, Bangalore, Karnataka, India – 560003
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Novel Engineering Consultants 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
Business activity
The main business activity of Novel Engineering Consultants is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Novel Engineering Consultants Private Limited, buy the company report.
Financials of Novel Engineering Consultants Private Limited
FY 2025 filings availableNovel Engineering Consultants Private Limited reported revenue of ₹40.33 Lakh (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 191% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹3.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.77 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.2% | ||||
| Net Profit Margin | -9.4% | ||||
| 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 Novel Engineering Consultants Private Limited, buy the company report.
Board of directors of Novel Engineering Consultants Private Limited
Novel Engineering Consultants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thimmaiah Sudhakaraiah | Managing Director | 24 Nov 2005 | 20 Years 10 Months | Current |
| Dhruvaraja Harinarayanan Iyengar Also directs: Novel-S Design Matrix Private Limited | Director | 18 Apr 2006 | 20 Years 6 Months | Current |
Auditor
Novel Engineering Consultants Private Limited is audited by Madan & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Madan & Co | FY 2017 | 005568S |
Shareholding
The shareholding of Novel Engineering Consultants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Novel Engineering Consultants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novel Engineering Consultants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novel Engineering Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novel Engineering Consultants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN2096A1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novel Engineering Consultants Private Limited, buy the company report.
Recent activity
Novel Engineering Consultants Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Chikalore Venkatappa Santhosh ceased to be Director on 08 Dec 2016.
Frequently asked questions
Novel Engineering Consultants is an active private limited company based in Bangalore, Karnataka, India. The company works in the engineering industry. It was incorporated on 24 November 2005 (21+ years old) and is registered under CIN U74210KA2005PTC037762.
Novel Engineering Consultants has 2 current directors:
- Thimmaiah Sudhakaraiah - Managing Director
- Dhruvaraja Harinarayanan Iyengar - Director
The latest financial statements of Novel Engineering Consultants 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 Novel Engineering Consultants is 29AACCN2096A1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Novel Engineering Consultants is U74210KA2005PTC037762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Engineering Consultants was incorporated on 24 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Chikalore Venkatappa Santhosh ceased to be Director on 08 Dec 2016. Hindumarnahalli Nanjegowda Natesh ceased to be Director on 08 Dec 2016. Dhruvaraja Harinarayanan Iyengar was appointed as Director on 18 Apr 2006. Novel Engineering Consultants has 4 board changes on record in total.
Yes, Novel Engineering Consultants is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0060952).
The registered office of Novel Engineering Consultants is at 55 Flat No 1 Ist Floor 8th Cross 5th Main Malleswaram, Bangalore, Karnataka, India – 560003.
Novel Engineering Consultants operates in the engineering industry.