National Engineering Industries Limited

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

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

National Engineering Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 79 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,860.59 Cr
  • Satisfied Charges ₹ 4,146.38 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 79 years . 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 2024. 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 ₹1,860.59 Cr. The company has closed loans amounting to ₹4,146.38 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. Avnish Sharma, Pallavi Gupta, Anshuman Maheshwary, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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

    05 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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.

Company report

National Engineering Industries Limited

Explore comprehensive data for National Engineering Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

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
Avnish Sharma Country flag representing In Director 14-May-2024Current
Anshuman Maheshwary Country flag representing In Director 06-Jun-2022Current
Chandrakant Birla Country flag representing In Director 23-Feb-1979Current
Manohar Pachisia Country flag representing In Director 21-Mar-1994Current

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%.

National Engineering Industries revenue growth over time
National Engineering Industries 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

₹1,860.59 Cr

Satisfied Charges

₹4,146.38 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
  • Idbi Bank Limited : 59.00 Cr
  • Indian Bank : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Sep 2024Indian Bank₹50.00 CrOpen
29 Aug 2024Others₹100.00 CrOpen
03 Jul 2024Idbi Bank Limited₹59.00 CrOpen
24 Mar 2023State Bank Of India₹100.00 CrOpen
01 Aug 2022Others₹50.00 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.

Employee growth trends for National Engineering Industries Limited

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

  • Charges

    A charge with Indian Bank amounted to Rs. 50.00 Cr with Charge ID 100988779 was registered on 23 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100973216 was registered on 29 Aug 2024.

  • Annual General Meeting

    National Engineering Industries Limited last Annual general meeting of members was held on 05 Jul 2024 as per latest MCA records.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 59.00 Cr with Charge ID 100945066 was registered on 03 Jul 2024.

  • Director Appointment

    Avnish Sharma was appointed as a Director was appointed as a Director on 14 May 2024 & has been associated with this company since 11 months 23 days .

  • Charges

    A charge registered on 08 Jul 2021 via Charge ID 100459844 with Others was fully satisfied on 26 Apr 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of National Engineering Industries Limited?

    National Engineering Industries Limited was incorporated on 24 Apr 1946.

  • What is authorized share capital and paid-up capital of National Engineering Industries Limited?

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

  • Who are the current board members & directors of National Engineering Industries Limited?

    Currently 8 directors are associated with National Engineering Industries Limited.

    • Avnish Sharma
    • Pallavi Dinodia Gupta
    • Tarun Kumar Kabra
    • Rohit Saboo
    • Gourav Chaturvedi
    • Anshuman Maheshwary
    • Chandrakant Birla
    • Manohar Lal Pachisia
  • What is the registered address of National Engineering Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of National Engineering Industries Limited is 9/1 R.N.Mukherjee Road, India, Calcutta, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of National Engineering Industries Limited?

    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).

  • What is the official website of National Engineering Industries Limited?

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

  • What has been the recent revenue trend for National Engineering Industries Limited?

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

  • How many employees does National Engineering Industries Limited currently have?

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

  • What change has been observed in the net worth of National Engineering Industries Limited, and by what percentage?

    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%.

  • What are the total open charges for National Engineering Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for National Engineering Industries Limited amount to ₹ 1,860.59 Cr.

  • When was the last Balance Sheet of National Engineering Industries Limited filed with the ROC?

    The most recent Balance Sheet for National Engineering Industries Limited was filed with the ROC on 31 Mar 2024.

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