About NR Energy Solutions India Private Limited
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NR Energy Solutions India Private Limited is a private limited company based in Panvel, Maharashtra, India, a subsidiary of Nr Electric International Co. Ltd. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH2012PTC225811. Its GSTIN is 27AADCN9254B1ZI (Maharashtra).
The company has an authorised share capital of ₹5.6 Cr and a paid-up capital of ₹5.57 Cr. It is led by directors Xiaoning Jiang and Rajesh Kumar Padmanabhan Nair.
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 Plot No 13 2nd Floor, Panvel Industrial Co – Operative Estate Limited, Maharashtra, India – 410206.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.61 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹2.41 Cr (net margin -66.7%) and EBITDA of -₹2.06 Cr (EBITDA margin -57.2%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 36% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: NREC and Nanrui Jibao.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nrec.com.
Company details
Contact details
NR Energy Solutions India Private Limited's registered office is in Panvel, Maharashtra. Its website is nrec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 13 2nd Floor, Panvel Industrial Co – Operative Estate Limited, Maharashtra, India – 410206
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of NR Energy Solutions India 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
Brands
NR Energy Solutions India operates two associated brands: NREC and Nanrui Jibao. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate developer | nrec.com.kw | |
| Power grid protection, automation, and energy solutions services in China. | nrec.com |
Business activity
The main business activities of NR Energy Solutions India are trade and professional, scientific and technical. In detail, this covers wholesale trading and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of NR Energy Solutions India Private Limited, buy the company report.
Financials of NR Energy Solutions India Private Limited
FY 2025 filings availableNR Energy Solutions India Private Limited reported revenue of ₹3.61 Cr (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 43% fall in the latest year. EBITDA fell 334% 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 |
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| EBITDA | -₹2.06 Cr | ||||
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| Net Profit (PAT) | -₹2.41 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -57.2% | ||||
| Net Profit Margin | -66.7% | ||||
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To see the full financial statements and ratios of NR Energy Solutions India Private Limited, buy the company report.
Board of directors of NR Energy Solutions India Private Limited
NR Energy Solutions India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xiaoning Jiang | Director | 06 Jan 2012 | 14 Years 9 Months | Current |
| Rajesh Kumar Padmanabhan Nair | Director | 06 Jan 2012 | 14 Years 9 Months | Current |
Peer comparison
NR Energy Solutions India Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Energy Solutions), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infovision Solutions Private Limited | ₹3.61 Cr (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Ost Labz Private Limited | ₹3.61 Cr (FY 2024) | 33.0% | Delhi, India | |||
| Sudha Castings Private Limited | ₹3.61 Cr (FY 2024) | 11.0% | Jamshedpur, Jharkhand, India | |||
| NR Energy Solutions India Private Limitedthis company | ₹3.61 Cr (FY 2025) | -₹2.41 Cr | -66.7% | -43.0% | 12 | Panvel, Maharashtra, India |
| Zest Enterprises Private Limited | ₹3.6 Cr (FY 2023) | -63.0% | Chennai, Tamil Nadu, India | |||
| ZX Town Private Limited | ₹3.59 Cr (FY 2025) | 15.0% | Berhampur, Odisha, India |
To see the full peer comparison of NR Energy Solutions India Private Limited, buy the company report.
Auditor
NR Energy Solutions India Private Limited is audited by Shrirang S Hardikar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shrirang S Hardikar & Co. | FY 2023 | 147243W |
Shareholding
The shareholding of NR Energy Solutions India Private 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 NR Energy Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving NR Energy Solutions India 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
NR Energy Solutions India Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 194 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Laxmi Global Logistics Private Limited | |||
| Shree Laxmi C&F Services Private Limited | |||
| Voltech Engineers Private Limited | |||
| Net Technologies | |||
| Symatic Engineering Private Limited |
To see the full MSME payment records of NR Energy Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
NR Energy Solutions India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
NR Energy Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN9254B1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NR Energy Solutions India Private Limited, buy the company report.
Recent activity
NR Energy Solutions India Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Rajesh Kumar Padmanabhan Nair was appointed as Director on 06 Jan 2012.
News
Frequently asked questions
NR Energy Solutions India is an active private limited company based in Panvel, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 January 2012 (14+ years old) and is registered under CIN U31908MH2012PTC225811.
NR Energy Solutions India has 2 current directors:
- Xiaoning Jiang - Director
- Rajesh Kumar Padmanabhan Nair - Director
The latest financial statements of NR Energy Solutions India 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 NR Energy Solutions India is 27AADCN9254B1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of NR Energy Solutions India is U31908MH2012PTC225811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NR Energy Solutions India was incorporated on 06 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of NR Energy Solutions India by revenue are Infovision Solutions Private Limited, Ost Labz Private Limited, Sudha Castings Private Limited, Zest Enterprises Private Limited, ZX Town Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Energy Solutions), with the same principal business activity (wholesale trading).
Rajesh Kumar Padmanabhan Nair was appointed as Director on 06 Jan 2012. Xiaoning Jiang was appointed as Director on 06 Jan 2012.
NR Energy Solutions India has 12 MSME Form 1 returns on record between 2019 and 2023, listing 194 overdue payments to 12 micro and small suppliers. The latest return was filed on 29 Aug 2023.
NR Energy Solutions India can be reached through the website nrec.com. Its registered office is in Panvel, Maharashtra, India.
The registered office of NR Energy Solutions India is at Plot No 13 2nd Floor, Panvel Industrial Co – Operative Estate Limited, Maharashtra, India – 410206.
NR Energy Solutions India operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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