Nutan Modern Electrical Services Private Limited
About Nutan Modern Electrical Services Private Limited
Data last updated:
Nutan Modern Electrical Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 22 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31109MH2008PTC186102. Its GSTIN is 27AACCN8515G1ZF (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Sunil Eknath Kamble and Yogen Dilip Shah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No.C – 603 Silver Sand Piramal Nagar S.V.Road Motilal Nagar Goregaon (West), Mumbai, Maharashtra, India – 400104.
As per the financials filed for FY 2021, the company reported a revenue of ₹39.37 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹26.25 Lakh (net margin 66.7%) and EBITDA of ₹27.06 Lakh (EBITDA margin 68.7%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 50% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nutan Modern Electrical Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.C – 603 Silver Sand Piramal Nagar S.V.Road Motilal Nagar Goregaon (West), Mumbai, Maharashtra, India – 400104
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Nutan Modern Electrical Services 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 Nutan Modern Electrical Services is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Nutan Modern Electrical Services Private Limited
FY 2021 filings availableNutan Modern Electrical Services Private Limited reported revenue of ₹39.37 Lakh (down 42% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 42% fall in the latest year. EBITDA rose 116% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹27.06 Lakh | ||||
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| Net Profit (PAT) | ₹26.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 68.7% | ||||
| Net Profit Margin | 66.7% | ||||
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To see the full financial statements and ratios of Nutan Modern Electrical Services Private Limited, buy the company report.
Board of directors of Nutan Modern Electrical Services Private Limited
Nutan Modern Electrical Services 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 |
|---|---|---|---|---|
| Sunil Eknath Kamble | Director | 07 Jan 2021 | 5 Years 9 Months | Current |
| Yogen Dilip Shah | Director | 22 Aug 2008 | 18 Years 2 Months | Current |
Peer comparison
Nutan Modern Electrical Services Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Excel Batteries Private Limited | ₹39.7 Lakh (FY 2024) | 61.0% | Surendranagar, Gujarat, India | |||
| Solwin Power Private Limited | ₹39.49 Lakh (FY 2019) | -90.0% | Hyderabad, Telangana, India | |||
| Nutan Modern Electrical Services Private Limitedthis company | ₹39.37 Lakh (FY 2021) | ₹26.25 Lakh | 66.7% | -42.0% | Mumbai, Maharashtra, India | |
| Solar Singularity Private Limited | ₹39.34 Lakh (FY 2024) | -95.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Nutan Modern Electrical Services Private Limited, buy the company report.
Auditor
Nutan Modern Electrical Services Private Limited is audited by N K SUTHAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K SUTHAR & CO. | FY 2017 | 126694 |
Shareholding
The shareholding of Nutan Modern Electrical Services 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 Nutan Modern Electrical Services Private Limited, buy the company report.
Legal cases
Nutan Modern Electrical Services Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Nutan Modern Electrical Services 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 Nutan Modern Electrical Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nutan Modern Electrical Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN8515G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nutan Modern Electrical Services Private Limited, buy the company report.
Recent activity
Nutan Modern Electrical Services Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Pragna Gunvantbhai Mehta ceased to be Director on 05 Jan 2022.
Frequently asked questions
Nutan Modern Electrical Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 22 August 2008 (18+ years old) and is registered under CIN U31109MH2008PTC186102.
Nutan Modern Electrical Services has 2 current directors:
- Sunil Eknath Kamble - Director
- Yogen Dilip Shah - Director
The latest financial statements of Nutan Modern Electrical Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Nutan Modern Electrical Services is 27AACCN8515G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nutan Modern Electrical Services is U31109MH2008PTC186102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nutan Modern Electrical Services has 1 court case on record: 1 filed against it. 1 is pending.
Nutan Modern Electrical Services was incorporated on 22 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nutan Modern Electrical Services by revenue are Excel Batteries Private Limited, Solwin Power Private Limited, Solar Singularity Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Pragna Gunvantbhai Mehta ceased to be Director on 05 Jan 2022. Sunil Eknath Kamble ceased to be Additional Director on 30 Nov 2021. Sunil Eknath Kamble was appointed as Director on 07 Jan 2021. Nutan Modern Electrical Services has 8 board changes on record in total.
The registered office of Nutan Modern Electrical Services is at Flat No.C – 603 Silver Sand Piramal Nagar S.V.Road Motilal Nagar Goregaon West, Mumbai, Maharashtra, India – 400104.
Nutan Modern Electrical Services operates in the energy and power industry, in the power equipment manufacturers segment.