Nutek Spares and Services Pvt Ltd
About Nutek Spares and Services Pvt Ltd
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Nutek Spares and Services Pvt Ltd is a private limited company based in Padra, Gujarat, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 15 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32201GJ1992PTC017991. Its GSTIN is 24AAACN6526D1ZU (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.47 Lakh. It is led by directors Vilas Nandkumar Karnik (Whole-Time Director) and Archana Ramkrishna Tiwari.
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 Block No. 178 Village Narsinhpura, Tal Padra, Gujarat, India – 391440.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.37 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 32.2%) and EBITDA of ₹2.2 Cr (EBITDA margin 50.4%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 25% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nutek Spares and Services Pvt Ltd's registered office is in Padra, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No. 178 Village Narsinhpura, Tal Padra, Gujarat, India – 391440
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Nutek Spares and Services Pvt Ltd, 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 Nutek Spares and Services is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Nutek Spares and Services Pvt Ltd, buy the company report.
Financials of Nutek Spares and Services Pvt Ltd
FY 2025 filings availableNutek Spares and Services Pvt Ltd reported revenue of ₹4.37 Cr (up 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 65% growth in the latest year. EBITDA rose 42% 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 | ₹2.2 Cr | ||||
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| Net Profit (PAT) | ₹1.4 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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| EBITDA Margin | 50.4% | ||||
| Net Profit Margin | 32.2% | ||||
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To see the full financial statements and ratios of Nutek Spares and Services Pvt Ltd, buy the company report.
Board of directors of Nutek Spares and Services Pvt Ltd
Nutek Spares and Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vilas Nandkumar Karnik | Whole-Time Director | 01 Apr 2007 | 19 Years 7 Months | Current |
| Archana Ramkrishna Tiwari Also directs: Goldy Projects Private Limited | Director | 04 Jun 2014 | 12 Years 5 Months | Current |
Auditor
Nutek Spares and Services Pvt Ltd is audited by S. A. PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. A. PATEL & CO. | FY 2023 | 107763W |
Shareholding
The shareholding of Nutek Spares and Services Pvt Ltd 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 Nutek Spares and Services Pvt Ltd, buy the company report.
Legal cases
Nutek Spares and Services Pvt Ltd has 1 court case on record: 1 filed by Nutek Spares and Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against Reunion Engineering Co Ltd | Disposed |
To see the full case history of Nutek Spares and Services Pvt Ltd, 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 Nutek Spares and Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nutek Spares and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN6526D1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nutek Spares and Services Pvt Ltd, buy the company report.
Recent activity
Nutek Spares and Services Pvt Ltd has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Ramchandran Parmeshwaran Nair ceased to be Whole-Time Director on 09 Jan 2015.
Frequently asked questions
Nutek Spares and Services is an active private limited company based in Padra, Gujarat, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 15 July 1992 (34+ years old) and is registered under CIN U32201GJ1992PTC017991.
Nutek Spares and Services has 2 current directors:
- Vilas Nandkumar Karnik - Whole-Time Director
- Archana Ramkrishna Tiwari - Director
The latest financial statements of Nutek Spares and Services 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 Nutek Spares and Services is 24AAACN6526D1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Nutek Spares and Services is U32201GJ1992PTC017991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nutek Spares and Services has 1 court case on record: 1 filed by the company.
Nutek Spares and Services was incorporated on 15 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ramchandran Parmeshwaran Nair ceased to be Whole-Time Director on 09 Jan 2015. Archana Ramkrishna Tiwari ceased to be Additional Director on 22 Sep 2014. Archana Ramkrishna Tiwari was appointed as Director on 04 Jun 2014. Nutek Spares and Services has 5 board changes on record in total.
The registered office of Nutek Spares and Services is at Block No. 178 Village Narsinhpura, Tal Padra, Gujarat, India – 391440.
Nutek Spares and Services operates in the financial services industry, in the equipment leasing and financing segment.
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