Nahar Industrial Enterprises Limited

This company is involved in cotton spinning, weaving, fabric processing, and sugar production.

1983 | Active
Last Updated: November 16, 2024

Nahar Industrial Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 205.50 Cr
  • Paid Up Capital ₹ 43.40 Cr
  • Company Age 41 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 875.77 Cr
  • Satisfied Charges ₹ 4,045.34 Cr
  • Revenue Growth -10.14%
  • Profit Growth -49.45%
  • Ebitda -52.86%
  • Net Worth 6.96%
  • Total Assets -25.81%

About Nahar Industrial Enterprises

Nahar Industrial Enterprises Limited (NIEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 September 1983 and has a history of 41 years and four months. Its registered office is in Na, Punjab.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519136 and on the National Stock Exchange(NSE) under NAHARINDUS.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 205.50 Cr and a paid-up capital of Rs 43.40 Cr.

The company currently has active open charges totaling ₹875.77 Cr. The company has closed loans amounting to ₹4,045.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nahar Industrial Enterprises Limited India are Bharat Gupta as CFO and Mukesh Sood as Company Secretary. Suresh Singla, Navdeep Sharma, Jawahar Oswal, and Nine other members serve as directors at the Company.

Company Details

  • Location
    Na, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L15143PB1983PLC018321

  • Company No.

    018321

  • Stock Symbol

    BSE : 519136 NSE : NAHARINDUS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1983

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Agriculture
Manufacturing

What products or services does Nahar Industrial Enterprises Limited offer?

Nahar Industrial Enterprises Limited offers a wide range of products and services, including Sewing,Knitting & Embroidery Machine, Knitting Machines, Bed Linen & Bedspreads, Bed Linen, Mink Blankets, Sugar, Pure Sugar, Thermal Wear, Blankets, Textile Machinery Spares.

Who are the key members and board of directors at Nahar Industrial Enterprises?

Executive Team (3)

Name Designation Appointment Date Status
Kamal Oswal Country flag representing In Managing Director 27-Sep-1983 Current
Bharat Gupta Country flag representing In CFO 11-Aug-2014 Current
Mukesh Sood Country flag representing In Company Secretary 01-Apr-2005 Current

Board Members (11)

Name Designation Appointment Date Status
Yash Sachdeva Country flag representing In Director 31-Jul-2008 Current
Parvinder Pruthi Country flag representing In Director 14-Aug-2020 Current
Navdeep Sharma Country flag representing In Director 12-Aug-2015 Current
Suresh Singla Country flag representing In Director 26-Sep-2017 Current
Jawahar Oswal Country flag representing In Director 14-Oct-1991 Current
Dinesh Gogna Country flag representing In Director 07-Dec-2006 Current

Financial Performance of Nahar Industrial Enterprises.

Nahar Industrial Enterprises Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.14% decrease. The company also saw a substantial fall in profitability, with a 49.45% decrease in profit. The company's net worth moved up by a moderate rise of 6.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-10.14%
Revenue from Operations
-11.59%
Total Assets
-25.81%
Profit or Loss
-49.45%
Net Worth
6.96%
EBITDA
-52.86%

What is the Ownership and Shareholding Structure of Nahar Industrial Enterprises?

In 2022, Nahar Industrial Enterprises had a promoter holding of 68.76% and a public holding of 31.22%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹875.77 Cr

Satisfied Charges

₹4,045.34 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 673.63 Cr
  • Indian Bank : 70.00 Cr
  • Hdfc Bank Limited : 66.40 Cr
  • Axis Bank Limited : 65.00 Cr
  • Others : 0.74 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2024 Indian Bank ₹25.00 Cr Open
21 Dec 2023 Axis Bank Limited ₹65.00 Cr Open
11 Aug 2023 Hdfc Bank Limited ₹20.00 Cr Open
09 Jun 2022 Hdfc Bank Limited ₹17.00 Cr Open
16 Dec 2021 Hdfc Bank Limited ₹29.40 Cr Open

How Many Employees Work at Nahar Industrial Enterprises?

Nahar Industrial Enterprises has a workforce of 2451 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nahar Industrial Enterprises, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nahar Industrial Enterprises's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nahar Industrial Enterprises

Recent activity within the organization

  • Annual General Meeting

    Nahar Industrial Enterprises Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge with Indian Bank of Rs. 25.00 Cr registered on 28 Mar 2024 with Charge ID 100898517 was modified on 15 Jul 2024.

    15 Jul 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 65.00 Cr registered on 21 Dec 2023 with Charge ID 100841221 was modified on 31 May 2024.

    31 May 2024

  • Balance Sheet

    Nahar Industrial Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 25.00 Cr with Charge ID 100898517 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 65.00 Cr with Charge ID 100841221 was registered on 21 Dec 2023.

    21 Dec 2023

Frequently asked questions

  • Nahar Industrial Enterprises Limited was incorporated on 27 Sep 1983.

  • The authorized share capital of Nahar Industrial Enterprises Limited is ₹ 205.50 Cr and paid-up capital is ₹ 43.40 Cr.

  • Currently 14 directors are associated with Nahar Industrial Enterprises Limited.

    • Suresh Kumar Singla
    • Navdeep Sharma
    • Jawahar Lal Oswal
    • Kamal Oswal
    • Dinesh Gogna
    • Dinesh Oswal
    • Yash Paul Sachdeva
    • Parvinder Singh Pruthi
    • Abhinav Oswal
    • Bharat Bhushan Gupta
    • Mukesh Sood
    • Anchal Kumar Jain
    • Manisha Gupta
    • Roshan Lal Behl
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nahar Industrial Enterprises Limited is Focal Point, Ludhia -141 010 India, Na, Punjab.

  • The corporate identification number (CIN) of Nahar Industrial Enterprises Limited is L15143PB1983PLC018321 and the company number is 018321 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nahar Industrial Enterprises Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NAHARINDUS.

  • The Official website of Nahar Industrial Enterprises Limited is https://www.owmnahar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nahar Industrial Enterprises Limited has fallen by -10.14%.

  • As Per 2023 financial reports, 2451 employees are currently employed by Nahar Industrial Enterprises Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nahar Industrial Enterprises Limited has experienced an upsurge of 6.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nahar Industrial Enterprises Limited amount to ₹ 875.77 Cr.

  • The most recent Balance Sheet for Nahar Industrial Enterprises Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Textile & Fabric Production