- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0153606

About Nu Way Industries Private Limited
Data last updated:
Nu Way Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27205PN2016PTC164442. Its GSTIN is 27AAFCN2405E2ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunil Dattatraya Joshi and Vrushali Sunil Joshi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.27 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹5,445 (net margin 0%) and EBITDA of ₹11.06 Lakh (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹42 Lakh and satisfied charges of ₹40 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Nu Way Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0153606). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nuwayindustries.in.
Company details
Recognitions & Rankings of Nu Way Industries
Contact details
Nu Way Industries Private Limited's registered office is in Pune, Maharashtra. Its website is nuwayindustries.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. K/L – 6/701 Samrajya Balwantpuram S.No. 110/1A Cts 1148 Paud Road Kothru, D, Pune, Maharashtra, India – 411038
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Nu Way Industries 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 Nu Way Industries is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Nu Way Industries Private Limited, buy the company report.
Financials of Nu Way Industries Private Limited
FY 2024 filings availableNu Way Industries Private Limited reported revenue of ₹1.27 Cr (down 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 42% fall in the latest year. EBITDA fell 10% 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 | ₹11.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,445 | ||||
| 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 | 8.7% | ||||
| Net Profit Margin | 0% | ||||
| 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 Nu Way Industries Private Limited, buy the company report.
Board of directors of Nu Way Industries Private Limited
Nu Way Industries 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 |
|---|---|---|---|---|
| Sunil Dattatraya Joshi | Director | 11 May 2016 | 10 Years 6 Months | Current |
| Vrushali Sunil Joshi | Director | 11 May 2016 | 10 Years 6 Months | Current |
Auditor
Nu Way Industries Private Limited is audited by DARVE THOPTE & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DARVE THOPTE & ASSOCIATES | FY 2020 | 131990W |
Shareholding
The shareholding of Nu Way Industries Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nu Way Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2020 | 100378622 | Others | ₹42 Lakh | Open | |
| 24 Jun 2019 | 100275510 | Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Nu Way Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nu Way Industries Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Nu Way Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nu Way Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nu Way Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN2405E2ZU | Maharashtra | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of Nu Way Industries Private Limited, buy the company report.
Recent activity
Nu Way Industries Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Madan Narayan Thombare ceased to be Director on 18 Dec 2019.
Frequently asked questions
Nu Way Industries is an active private limited company based in Pune, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 May 2016 (10+ years old) and is registered under CIN U27205PN2016PTC164442.
Nu Way Industries has 2 current directors:
- Sunil Dattatraya Joshi - Director
- Vrushali Sunil Joshi - Director
The latest financial statements of Nu Way Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Nu Way Industries is 27AAFCN2405E2ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nu Way Industries is U27205PN2016PTC164442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nu Way Industries has 2 court cases on record: 2 filed against it. 2 are pending.
Nu Way Industries was incorporated on 11 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Madan Narayan Thombare ceased to be Director on 18 Dec 2019. Vaishali Madan Thombre ceased to be Director on 18 Dec 2019. Sunil Dattatraya Joshi was appointed as Director on 11 May 2016. Nu Way Industries has 4 board changes on record in total.
Yes, Nu Way Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0153606).
Nu Way Industries can be reached through the website nuwayindustries.in. Its registered office is in Pune, Maharashtra, India.

