National Engineering Industries Limited

Manufacturer of bearings, ball and roller bearings, axle boxes, and rubber goods.

1946 | Kolkata, West Bengal (India) | Active
Last Updated: June 27, 2024

National Engineering Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 78 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,751.59 Cr
  • Satisfied Charges ₹ 4,046.38 Cr
  • Revenue Growth 26.84%
  • Profit Growth 85.06%
  • Ebitda 46.28%
  • Net Worth 4.70%
  • Total Assets 2.64%

About National Engineering Industries

National Engineering Industries Limited (NEIL) was founded in India on 24 April 1946 and has a glorious history of 78 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as National Bearing Co Ltd. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹1,751.59 Cr. The company has closed loans amounting to ₹4,046.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at National Engineering Industries Limited India are Tarun Kabra as Company Secretary, Rohit Saboo as Ceo, and Gourav Chaturvedi as Cfo. Manohar Pachisia, Anshuman Maheshwary, Ashwin Bishnoi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nbcbearings.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29130WB1946PLC013643

  • Company No.

    013643

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1946

  • Date of AGM

    31 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment
Manufacturing

What products or services does National Engineering Industries Limited offer?

National Engineering Industries Limited offers a wide range of products and services, including Ball Bearing Assemblies & Components, Metal And Non Metal Balls, Ball Bearings and Bearing Assemblies, Ball Bearings, Conveyor Systems & Components, Conveyor Components, Cylindrical Roller Bearing, Clutch, Clutch Parts & Accessories, Clutch Components, Roller Bearings.

Who are the key members and board of directors at National Engineering Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Tarun Kabra Country flag representing In Company Secretary02-May-2016Current
Rohit Saboo Country flag representing In CEO17-Jun-2014Current
Gourav Chaturvedi Country flag representing In CFO06-May-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Pallavi Gupta Country flag representing In Director 05-Jun-2023Current
Manohar Pachisia Country flag representing In Director 21-Mar-1994Current
Anshuman Maheshwary Country flag representing In Director 06-Jun-2022Current
Ashwin Bishnoi Country flag representing In Director 09-May-2014Current
Chandrakant Birla Country flag representing In Director 23-Feb-1979Current

Financial Performance of National Engineering Industries.

National Engineering Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.84% increase. The company also saw a substantial improvement in profitability, with a 85.06% increase in profit. The company's net worth moved up by a moderate rise of 4.7%.

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
26.84%
Revenue from Operations
28.53%
Total Assets
2.64%
Profit or Loss
85.06%
Net Worth
4.70%
EBITDA
46.28%

What is the Ownership and Shareholding Structure of National Engineering Industries?

In 2023, National Engineering Industries had a promoter holding of 100.00%. The company had 2 Subsidiaries, 1 Joint Venture and 2 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

₹1,751.59 Cr

Satisfied Charges

₹4,046.38 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1250.00 Cr
  • Others : 396.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 105.09 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2023State Bank Of India₹100.00 CrOpen
01 Aug 2022Others₹50.00 CrOpen
19 Jul 2022Others₹100.00 CrOpen
30 Jun 2022Others₹100.00 CrOpen
07 Oct 2021Others₹46.50 CrOpen

How Many Employees Work at National Engineering Industries?

National Engineering Industries has a workforce of 3067 employees as of Apr 02, 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 National Engineering Industries, 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 National Engineering Industries'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 National Engineering Industries

Recent activity within the organization

  • Annual General Meeting

    National Engineering Industries Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records.

    31 Jul 2023

  • Charges

    A charge registered on 20 Aug 2020 via Charge ID 100359687 with Idbi Trusteeship Services Limited was fully satisfied on 09 Jun 2023.

    09 Jun 2023

  • Director Appointment

    Pallavi Dinodia Gupta was appointed as a Director was appointed as a Director on 05 Jun 2023 & has been associated with this company since 1 year 8 months .

    05 Jun 2023

  • Charges

    A charge registered on 29 May 2019 via Charge ID 100264576 with State Bank Of India was fully satisfied on 17 May 2023.

    17 May 2023

  • Balance Sheet

    National Engineering Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 100.00 Cr with Charge ID 100698666 was registered on 24 Mar 2023.

    24 Mar 2023

Frequently asked questions

  • National Engineering Industries Limited was incorporated on 24 Apr 1946.

  • The authorized share capital of National Engineering Industries Limited is ₹ 2.00 Cr and paid-up capital is ₹ 8.00 M.

  • Currently 8 directors are associated with National Engineering Industries Limited.

    • Manohar Lal Pachisia
    • Tarun Kumar Kabra
    • Rohit Saboo
    • Anshuman Maheshwary
    • Ashwin Bishnoi
    • Chandrakant Birla
    • Gourav Chaturvedi
    • Pallavi Dinodia Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of National Engineering Industries Limited is 9/1R.N.Mukherjee Road, Calcutta, West Bengal, India, 700001.

  • The corporate identification number (CIN) of National Engineering Industries Limited is U29130WB1946PLC013643 and the company number is 013643 as per Ministry of Corporate Affairs (MCA).

  • The Official website of National Engineering Industries Limited is https://www.nbcbearings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for National Engineering Industries Limited has risen by 26.84%.

  • As Per 2023 financial reports, 3067 employees are currently employed by National Engineering Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of National Engineering Industries Limited has experienced an upsurge of 4.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for National Engineering Industries Limited amount to ₹ 1,751.59 Cr.

  • The most recent Balance Sheet for National Engineering Industries Limited was filed with the ROC on 31 Mar 2023.

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