Nowelco Industries Private Limited

Nowelco Industries Private Limited - metals and minerals in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
CIN U29309CT1999PTC013276 Incorporated 22 January 1999 ROC Chhattisgarh HQ Raipur, Chhattisgarh, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2026
₹12.85 Cr
▼ 28% YoY
Net profit · FY 2026
₹39.7 Lakh
Net margin 3.1%
EBITDA · FY 2026
₹68.13 Lakh
EBITDA margin 5.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹2.19 Cr
Satisfied ₹1.29 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
9
Provident fund records

About Nowelco Industries Private Limited

Data last updated:

Nowelco Industries Private Limited is a private limited company based in Raipur, Chhattisgarh, India, a subsidiary of Diffusion Engineers Limited. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 January 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U29309CT1999PTC013276. Its GSTIN is 22AABCN7626F1ZQ (Chattisgarh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Neelu Prashant Garg and Prashant Garg.

Its last annual general meeting (AGM) was held on 12 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Tf – 32 Third Floor Milleniumplaza Oppsite Indian Coffee House G.E. Road, Raipur, Chhattisgarh, India – 492004.

As per the financials filed for FY 2026, the company reported a revenue of ₹12.85 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹39.7 Lakh (net margin 3.1%) and EBITDA of ₹68.13 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 25% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Diffusion Engineers. As per MCA filings, the company has open charges of ₹2.19 Cr and satisfied charges of ₹1.29 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Nowelco Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0000116). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diffusionengineers.com.

Company details

CIN U29309CT1999PTC013276
Registration Number 013276
Incorporation Date 22 January 1999
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 June 2026
Date of Balance Sheet 31 March 2026
Parent Company Diffusion Engineers Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CG-14-0000116
Key People
Neelu Prashant Garg Director Prashant Garg Director Nitin Garg Director

Recognitions & Rankings of Nowelco Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-CG-14-0000116

Contact details

Nowelco Industries Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Tf – 32 Third Floor Milleniumplaza Oppsite Indian Coffee House G.E. Road, Raipur, Chhattisgarh, India – 492004
  • Industry
    Metals and Minerals, Metal Manufacturing & Processing

To see the full contact details of Nowelco Industries Private Limited, buy the company report.

Comprehensive company report
Nowelco Industries Private 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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Brands

Nowelco Industries operates one associated brand: Diffusion Engineers. Each brand links to its own profile.

BrandDescriptionWebsite
Diffusion Engineers
Welding consumables, wear plates, and heavy engineering equipment are manufactured.diffusionengineers.com

Business activity

The main business activity of Nowelco Industries is manufacturing. In detail, this covers manufacture of basic metals.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing24Manufacture of basic metals

To see the full business activity and turnover split of Nowelco Industries Private Limited, buy the company report.

Financials of Nowelco Industries Private Limited

FY 2026 filings available

Nowelco Industries Private Limited reported revenue of ₹12.85 Cr (down 28% YoY) for FY 2026.

Revenue · FY 2026
₹12.85 Cr ▼ 28%
Net profit · FY 2026
₹39.7 Lakh margin 3.1%
EBITDA · FY 2026
₹68.13 Lakh margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 4%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 21%
5 years · compounded
▲ 16%

Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 14% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹12.85 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹68.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹39.7 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin5.3%
Net Profit Margin3.1%
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 Nowelco Industries Private Limited, buy the company report.

Board of directors of Nowelco Industries Private Limited

Nowelco Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Neelu Prashant Garg
Also directs: Diffusion Hernon Adhesive and Sealant Private Limited, Diffusion Super Conditioning Services Private Limited, Benvira Forward Algorithms Private Limited and 1 more
Director25 Sep 20215 Years 1 MonthsCurrent
Prashant Garg
Also directs: Devi Kiran Advisory Services LLP, Diffusion Engineers Limited, Diffusion Hernon Adhesive and Sealant Private Limited and 3 more
Director23 Aug 200521 Years 2 MonthsCurrent
Nitin Garg
Also directs: Devi Kiran Advisory Services LLP, Diffusion Engineers Limited, Diffusion Hernon Adhesive and Sealant Private Limited and 3 more
Director22 Feb 20206 Years 8 MonthsCurrent
View all directors

Auditor

Nowelco Industries Private Limited is audited by GHATE DEVENDRA CHANDRASHEKHAR for the financial year 2026.

Auditor firmFinancial yearFirm registration number
GHATE DEVENDRA CHANDRASHEKHARFY 2026160445

Shareholding

The shareholding of Nowelco Industries Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nowelco Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.19 Cr
Satisfied charges
₹1.29 Cr
Breakdown by lending institutions
Others₹2.00 Cr
Syndicate Bank₹0.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 May 2024100933620Others₹2 CrOpen
26 Jul 200490209633Syndicate Bank₹19 LakhOpen
26 Jul 200480056062Others₹50 LakhSatisfied
24 Jun 200090208670Vijaya Bank₹33 LakhSatisfied
18 Dec 199990208546Vijaya Bank₹46 LakhSatisfied

To see the full charge records of Nowelco Industries Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

Nowelco Industries Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 54 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
Kamman Corporation Mumbai
Premier Industrial Corporation Limited
an individual supplier

To see the full MSME payment records of Nowelco Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Nowelco Industries Private Limited has a workforce of 9 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
-10%

GST

Nowelco Industries has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
22AABCN7626F1ZQChattisgarhActive01 Jul 2017
27AABCN7626F2ZFMaharashtraActive12 Jul 2024

To see the full GST registrations and return filing status of Nowelco Industries Private Limited, buy the company report.

Recent activity

Nowelco Industries Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Neelu Prashant Garg was appointed as Director on 25 Sep 2021.

AGM
Nowelco Industries Private Limited last Annual general meeting of members was held on 12 Jun 2026 as per latest MCA records.
Filing
Nowelco Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chhattisgarh.
Charges
A charge with Others of Rs. 2.00 Cr registered on 31 May 2024 with Charge ID 100933620 was modified on 07 Jun 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100933620 was registered on 31 May 2024.
Charges
A charge registered on 26 Jul 2004 via Charge ID 80056062 with Others was fully satisfied on 01 Feb 2024.
Appointed
Neelu Prashant Garg was appointed as Director.
Ceased
Nitin Garg ceased to be Additional Director.
Ceased
Narendra Kumar Garg ceased to be Director.
Appointed
Nitin Garg was appointed as Director.
Ceased
Parthasarothi Gupta ceased to be Director.
Charges
A charge with Others of Rs. 0.50 Cr registered on 26 Jul 2004 with Charge ID 80056062 was modified on 11 Sep 2017.
Charges
A charge registered on 24 Jun 2000 via Charge ID 90208670 with Vijaya Bank was fully satisfied on 17 Dec 2014.

9 earlier events are in the company report.

Frequently asked questions

Nowelco Industries is an active private limited company based in Raipur, Chhattisgarh, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 January 1999 (27+ years old) and is registered under CIN U29309CT1999PTC013276.

Nowelco Industries has 3 current directors:

The latest financial statements of Nowelco Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Nowelco Industries is 22AABCN7626F1ZQ, registered in Chattisgarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCN7626F2ZF (Maharashtra).

The CIN (Corporate Identification Number) of Nowelco Industries is U29309CT1999PTC013276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nowelco Industries has 1 court case on record: 1 filed by the company.

Nowelco Industries was incorporated on 22 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chhattisgarh.

Neelu Prashant Garg was appointed as Director on 25 Sep 2021. Nitin Garg ceased to be Additional Director on 30 Sep 2020. Narendra Kumar Garg ceased to be Director on 05 Mar 2020. Nowelco Industries has 7 board changes on record in total.

Yes, Nowelco Industries is registered as a small enterprise under Udyam registration (number: UDYAM-CG-14-0000116).

Nowelco Industries has 7 MSME Form 1 returns on record between 2021 and 2023, listing 54 overdue payments to 3 micro and small suppliers. The latest return was filed on 16 Dec 2023.

Nowelco Industries can be reached through the website diffusionengineers.com. Its registered office is in Raipur, Chhattisgarh, India.