Nitta Corporation India Private Limited

Manufacturer of conveying and coupling equipment, hose pipes, and pneumatic tubes with global presence.

2012 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Nitta Corporation India Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 62.70 Cr
  • Company Age 13 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 15.57%
  • Profit Growth 78.52%
  • Ebitda 114.96%
  • Net Worth 35.49%
  • Total Assets 15.82%

About Nitta Corporation India

Nitta Corporation India Private Limited (NCIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 07 January 2012 and has a history of 13 years. Its registered office is in Pune, Maharashtra, India.

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 80.00 Cr and a paid-up capital of Rs 62.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nitta Corporation India Private Limited India is Akshay Dekonda as COMPANY SECRETARY. Ravi Nathan, Hidehito Araki, Michizo Watanabe, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29100PN2012FTC141880

  • Company No.

    141880

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    07 Jan 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Nitta Corporation India Private Limited offer?

Nitta Corporation India Private Limited offers a wide range of products and services, including Conveyor Belt, Packing Conveyor Belts, Weighing Scales & Measuring Tapes, Industrial Scale, Industrial Belts & V Belts, Machine Belt, Chisels & Professional Hand Tools, Tool Bags, Industrial Pipe & Tube Fittings, Tube Fittings.

Who are the key members and board of directors at Nitta Corporation India?

Executive Team (1)

Name Designation Appointment Date Status
Akshay Dekonda Country flag representing In Company Secretary Current

Board Members (5)

Name Designation Appointment Date Status
Ravi Nathan Country flag representing In Director 01-Apr-2016 Current
Hidehito Araki Country flag representing Jp Additional Director 10-Mar-2024 Current
Michizo Watanabe Country flag representing Jp Director 27-Aug-2021 Current
Takemasa Kurokawa Country flag representing Jp Director 27-Aug-2021 Current
Atsuhito Wake Country flag representing Jp Director 27-Oct-2022 Current

Financial Performance of Nitta Corporation India.

Nitta Corporation India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.57% increase. The company also saw a substantial improvement in profitability, with a 78.52% increase in profit. The company's net worth Soared by an impressive increase of 35.49%.

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
15.57%
Revenue from Operations
19.22%
Total Assets
15.82%
Profit or Loss
78.52%
Net Worth
35.49%
EBITDA
114.96%

What is the Ownership and Shareholding Structure of Nitta Corporation India?

In 2023, Nitta Corporation India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Nitta Corporation India?

Nitta Corporation India has a workforce of 43 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 Nitta Corporation India, 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 Nitta Corporation India'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 Nitta Corporation India

Recent activity within the organization

  • Director Appointment

    Hidehito Araki was appointed as a Additional Director was appointed as a Additional Director on 10 Mar 2024 & has been associated with this company since 10 months 23 days .

    10 Mar 2024

  • Annual General Meeting

    Nitta Corporation India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nitta Corporation India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Atsuhito Wake was appointed as a Director was appointed as a Director on 27 Oct 2022 & has been associated with this company since 2 years 3 months .

    27 Oct 2022

  • Director Appointment

    Michizo Watanabe was appointed as a Director was appointed as a Director on 27 Aug 2021 & has been associated with this company since 3 years 5 months .

    27 Aug 2021

  • Director Appointment

    Takemasa Kurokawa was appointed as a Director was appointed as a Director on 27 Aug 2021 & has been associated with this company since 3 years 5 months .

    27 Aug 2021

Frequently asked questions

  • Nitta Corporation India Private Limited was incorporated on 07 Jan 2012.

  • The authorized share capital of Nitta Corporation India Private Limited is ₹ 80.00 Cr and paid-up capital is ₹ 62.70 Cr.

  • Currently 6 directors are associated with Nitta Corporation India Private Limited.

    • Ravi Swami Nathan
    • Hidehito Araki
    • Michizo Watanabe
    • Takemasa Kurokawa
    • Atsuhito Wake
    • Akshay Ramanujam Dekonda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nitta Corporation India Private Limited is Gat No 191 192 And 193 Plot No. B Village Vadhu Khurd Taluka Haveli, India, Pune, Maharashtra, 412216.

  • The corporate identification number (CIN) of Nitta Corporation India Private Limited is U29100PN2012FTC141880 and the company number is 141880 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nitta Corporation India Private Limited is https://www.nitta.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nitta Corporation India Private Limited has risen by 15.57%.

  • As Per 2023 financial reports, 43 employees are currently employed by Nitta Corporation India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nitta Corporation India Private Limited has experienced an upsurge of 35.49%.

  • The most recent Balance Sheet for Nitta Corporation India Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Industrial Machinery Manufacturing