Nidec India Precision Tools Limited

Nidec India Precision Tools Limited

Manufactures precision machine tools for various industries since 1963.
1963 | Vellore, Tamil Nadu (India) | Active

Last Updated:

July 10, 2024
HomeCompanyNidec India Precision Tools Limited

Who are the key members and board of directors at Nidec India Precision Tools?

Executive Team (1)

NameDesignationAppointment DateStatus
Munetaka Nomura JpManaging Director13-Mar-2019Current

Board Members(5)

NameDesignationAppointment DateStatus
Prafful Lalwani In Director 08-Mar-2021Current
Yoshihiro Wada Jp Director Current
Haruhiko Niitani Jp Director Current
Nallappan Valliappan In Whole-Time Director 28-Jun-2019Current
Appan Priya In Director 08-Mar-2021Current

Financial Performance and Corporate Structure Insights of Nidec India Precision Tools.

Nidec India Precision Tools Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.16% increase. The company also saw a substantial improvement in profitability, with a 82.6% increase in profit. The company's net worth Soared by an impressive increase of 10.57%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
40.16%
Revenue from Operations
44.29%
Total Assets
9.42%
Profit or Loss
82.60%
Net Worth
10.57%
EBITDA
82.15%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Nidec India Precision Tools?

Nidec India Precision Tools has a workforce of 286 employees as of Apr 08, 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.

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Latest Updates, News, and FAQs on Nidec India Precision Tools

Recent activity within the organization

  • Annual General Meeting

    Nidec India Precision Tools Limited last Annual general meeting of members was held on 23 Nov 2023 as per latest MCA records.

    23 Nov 2023

  • Balance Sheet

    Nidec India Precision Tools Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Prafful Lalwani was appointed as a Director was appointed as a Director on 08 Mar 2021 & has been associated with this company since 3 years 9 months .

    08 Mar 2021

  • Director Appointment

    Nallappan Valliappan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Jun 2019 & has been associated with this company since 5 years 5 months .

    28 Jun 2019

  • Director Appointment

    Munetaka Nomura was appointed as a Managing Director was appointed as a Managing Director on 13 Mar 2019 & has been associated with this company since 5 years 9 months .

    13 Mar 2019

  • Company Incorporation

    Nidec India Precision Tools Limited was registered on 12 Mar 1963 with Roc Chennai & aged 61 years 9 months as per MCA records.

    12 Mar 1963

Frequently asked questions

  • Nidec India Precision Tools Limited was incorporated on 12 Mar 1963.

  • The authorized share capital of Nidec India Precision Tools Limited is ₹ 8.00 Cr and paid-up capital is ₹ 6.97 Cr.

  • Currently 6 directors are associated with Nidec India Precision Tools Limited.

    • Yoshihiro Wada
    • Haruhiko Niitani
    • Prafful Lalwani
    • Nallappan Valliappan
    • Munetaka Nomura
    • Appan Priya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nidec India Precision Tools Limited is 2 Sipcot Industrial Complex, Ranipet, Tamil Nadu, India, 632403.

  • The corporate identification number (CIN) of Nidec India Precision Tools Limited is U29130TN1963PLC004990 and the company number is 004990 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nidec India Precision Tools Limited is https://www.nidec.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nidec India Precision Tools Limited has risen by 40.16%.

  • As Per 2022 financial reports, 286 employees are currently employed by Nidec India Precision Tools Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nidec India Precision Tools Limited has experienced an upsurge of 10.57%.

  • The most recent Balance Sheet for Nidec India Precision Tools Limited was filed with the ROC on 31 Mar 2023.

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