About Nyl Electric Private Limited
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Nyl Electric Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 16 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31103KA2004PTC034698. Its GSTIN is 29AABCN9782E1Z1 (Karnataka).
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹16.1 Cr. It was formerly known as Nyl Electric Limited. It is led by directors Vittal Belandor (Managing Director) and Jayashree Belandor.
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 523A Priya Chambers Dr Rajkumar Road 2nd Stage Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.26 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹66.07 Lakh (net margin 52.5%) and EBITDA of ₹1.03 Cr (EBITDA margin 81.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹5.5 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website nisikitech.com.
Company details
CIN history
Nyl Electric has one previous CIN (Corporate Identification Number): U31103KA2004PLC034698. The current CIN is U31103KA2004PTC034698, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31103KA2004PTC034698 | Current |
| U31103KA2004PLC034698 | Previous |
Contact details
Nyl Electric Private Limited's registered office is in Bangalore, Karnataka. Its website is nisikitech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address523A Priya Chambers Dr Rajkumar Road 2nd Stage Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Nyl Electric 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 Nyl Electric is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Nyl Electric Private Limited, buy the company report.
Financials of Nyl Electric Private Limited
FY 2024 filings availableNyl Electric Private Limited reported revenue of ₹1.26 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 3% 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 | ₹1.03 Cr | ||||
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| Net Profit (PAT) | ₹66.07 Lakh | ||||
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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 | 81.6% | ||||
| Net Profit Margin | 52.5% | ||||
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To see the full financial statements and ratios of Nyl Electric Private Limited, buy the company report.
Board of directors of Nyl Electric Private Limited
Nyl Electric has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vittal Belandor | Managing Director | 16 Sep 2004 | 22 Years 1 Months | Current |
| Jayashree Belandor | Director | 16 Sep 2004 | 22 Years 1 Months | Current |
Shareholding
The shareholding of Nyl Electric Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nyl Electric Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2011 | 10313274 | The Karnataka Bank Limited | ₹4.5 Cr | Satisfied | |
| 09 Nov 2006 | 10029360 | The Karnataka Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Nyl Electric Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Nyl Electric 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
No delayed payments to MSME suppliers are on our record for Nyl Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nyl Electric Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Nyl Electric has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN9782E1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nyl Electric Private Limited, buy the company report.
Recent activity
Nyl Electric Private Limited has 7 board changes on record since 2004: 2 appointments and 5 cessations. The latest: Keiichi Igarashi ceased to be Director on 09 Dec 2024.
3 earlier events are in the company report.
Frequently asked questions
Nyl Electric is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 16 September 2004 (22+ years old) and is registered under CIN U31103KA2004PTC034698.
Nyl Electric has 2 current directors:
- Vittal Belandor - Managing Director
- Jayashree Belandor - Director
The latest financial statements of Nyl Electric 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 Nyl Electric is 29AABCN9782E1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Nyl Electric is U31103KA2004PTC034698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nyl Electric was incorporated on 16 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Keiichi Igarashi ceased to be Director on 09 Dec 2024. Roshan Vinok D'souza ceased to be Additional Director on 01 Oct 2020. Wan Wah Chu ceased to be Director on 30 Sep 2020. Nyl Electric has 7 board changes on record in total.
Nyl Electric can be reached through the website nisikitech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Nyl Electric is at 523A Priya Chambers Dr Rajkumar Road 2nd Stage Rajajinagar, Bangalore, Karnataka, India – 560010.
Nyl Electric operates in the consumer electronics and durables industry, in the electronics manufacturing segment.