Nugen Machineries Limited - machinery and equipment in Changodar, Gujarat, India. FY 2026 financials & compliance.
CIN U29194GJ1990PLC013570 Incorporated 02 April 1990 ROC Ahmedabad HQ Changodar, Gujarat, India
Active Public Limited Company machinery and equipment MSME · Micro
Revenue · FY 2024
₹4.58 Cr
▲ 20% YoY
Net profit · FY 2024
₹11.88 Lakh
Net margin 2.6%
EBITDA · FY 2024
₹45.87 Lakh
EBITDA margin 10%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Satisfied charges
₹7.35 Cr
No open charges
Company age
36 yrs
Est. 1990
Employees · EPFO
22
Provident fund records

About Nugen Machineries Limited

Data last updated:

Nugen Machineries Limited is a public limited company based in Changodar, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 April 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29194GJ1990PLC013570. Its GSTIN is 24AABCN9781H1Z6 (Gujarat).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Samir Muradali Merchant (Managing Director) and Laila Samirbhai Merchant (Whole-Time Director).

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 Plot No. 16 17 18 Block No. 388 Changodar Ind. Estate Sarkhej – Bhavla Hi, Ghway, Gujarat, India – 382210.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.58 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹11.88 Lakh (net margin 2.6%) and EBITDA of ₹45.87 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 3% over five years.

The company has about 22 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹7.35 Cr on record. Court records list 45 cases involving the company, including 20 filed by the company and 25 filed against it; 6 cases are pending.

Nugen Machineries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0140004). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nugenindia.com.

Company details

CIN U29194GJ1990PLC013570
Registration Number 013570
Incorporation Date 02 April 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0140004

Recognitions & Rankings of Nugen Machineries

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0140004

Contact details

Nugen Machineries Limited's registered office is in Changodar, Gujarat. Its website is nugenindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No. 16 17 18 Block No. 388 Changodar Ind. Estate Sarkhej – Bhavla Hi, Ghway, Gujarat, India – 382210
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment

To see the full contact details of Nugen Machineries Limited, buy the company report.

Comprehensive company report
Nugen Machineries 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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Secure checkout · GST invoice included

Business activity

The main business activity of Nugen Machineries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

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

To see the full business activity and turnover split of Nugen Machineries Limited, buy the company report.

Financials of Nugen Machineries Limited

FY 2024 filings available

Nugen Machineries Limited reported revenue of ₹4.58 Cr (up 20% YoY) for FY 2024.

Revenue · FY 2024
₹4.58 Cr ▲ 20%
Net profit · FY 2024
₹11.88 Lakh margin 2.6%
EBITDA · FY 2024
₹45.87 Lakh margin 10%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 21%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 41%
5 years · compounded
▲ 104%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 20% growth in the latest year. EBITDA fell 22% 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₹45.87 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.88 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 Margin10%
Net Profit Margin2.6%
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 Nugen Machineries Limited, buy the company report.

Board of directors of Nugen Machineries Limited

Nugen Machineries has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Samir Muradali MerchantManaging Director02 Apr 199036 Years 7 MonthsCurrent
Laila Samirbhai MerchantWhole-Time Director04 May 20188 Years 6 MonthsCurrent
Rini Samir MerchantWhole-Time Director23 Feb 20188 Years 8 MonthsCurrent

Auditor

Nugen Machineries Limited is audited by SHAH AND SHAH ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
SHAH AND SHAH ASSOCIATESFY 2022113742W

Shareholding

The shareholding of Nugen Machineries 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 Nugen Machineries Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹7.35 Cr
Breakdown by lending institutions
Development Credit Bank Limited₹4.78 Cr
Gujrat Investment Corporation Ltd₹2.22 Cr
Gujarat State Financial Corporation₹0.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Nov 200090099284Development Credit Bank Limited₹1.22 CrSatisfied
01 Jun 199990099011Development Credit Bank Limited₹3.35 CrSatisfied
31 Mar 199880035373Gujarat State Financial Corporation₹35 LakhSatisfied
14 Oct 199790098690Development Credit Bank Limited₹20.93 LakhSatisfied
18 Jan 199690098329Gujrat Investment Corporation Ltd₹2.22 CrSatisfied

To see the full charge records of Nugen Machineries Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nugen Machineries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Nugen Machineries Limited has a workforce of 22 employees on its EPFO records as of Dec 2025.

Employee count
22
Employee growth
-8.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-2622
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

To see the full employee and EPFO history of Nugen Machineries Limited, buy the company report.

GST

Nugen Machineries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCN9781H1Z6GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Nugen Machineries Limited, buy the company report.

Recent activity

Nugen Machineries Limited has 11 board changes on record since 1990: 3 appointments and 8 cessations. The latest: Laila Samirbhai Merchant ceased to be Additional Director on 01 Aug 2019.

AGM
Nugen Machineries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nugen Machineries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 01 Jun 1999 via Charge ID 90099011 with Development Credit Bank Limited was fully satisfied on 11 Sep 2019.
Ceased
Laila Samirbhai Merchant ceased to be Additional Director.
Ceased
Rini Samir Merchant ceased to be Additional Director.
Ceased
Pradeepbhai Punamchandbhai Shah ceased to be Director.
Appointed
Laila Samirbhai Merchant was appointed as Whole-Time Director.
Ceased
Maganlal Devajibhai Chauhan ceased to be Director.
Appointed
Rini Samir Merchant was appointed as Whole-Time Director.
Ceased
Prashant Bharatkumar Patel ceased to be Director.
Ceased
Naranbhai Laljibhai Vaja ceased to be Director.
Ceased
Samir Muradali Merchant ceased to be Director.

16 earlier events are in the company report.

Frequently asked questions

Nugen Machineries is an active public limited company based in Changodar, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 02 April 1990 (36+ years old) and is registered under CIN U29194GJ1990PLC013570.

Nugen Machineries has 3 current directors:

The latest financial statements of Nugen Machineries 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 2015 are in the company report.

The GSTIN of Nugen Machineries is 24AABCN9781H1Z6, registered in Gujarat.

The CIN (Corporate Identification Number) of Nugen Machineries is U29194GJ1990PLC013570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nugen Machineries has 45 court cases on record: 20 filed by the company and 25 filed against it. 6 are pending. Most are in the high courts.

Nugen Machineries was incorporated on 02 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Laila Samirbhai Merchant ceased to be Additional Director on 01 Aug 2019. Rini Samir Merchant ceased to be Additional Director on 01 Aug 2019. Pradeepbhai Punamchandbhai Shah ceased to be Director on 20 Oct 2018. Nugen Machineries has 11 board changes on record in total.

Yes, Nugen Machineries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0140004).

Nugen Machineries can be reached through the website nugenindia.com. Its registered office is in Changodar, Gujarat, India.