Novel Automation Limited

Manufactures banding, sealing, wrapping, and strapping machines for various industries.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: June 28, 2024

Novel Automation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -14.69%
  • Profit Growth -46.86%
  • Ebitda -44.31%
  • Net Worth 21.53%
  • Total Assets -6.61%

About Novel Automation

Novel Automation Limited (NAL) is a Public Limited Indian Non-Government Company incorporated in India on 22 April 1997 and has a history of 27 years and nine months. Its registered office is in Mumbai, 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 1.00 Cr and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ram Chandak, Anirudh Vijay, and Ranjana Chandak serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34200MH1997PLC107466

  • Company No.

    107466

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1997

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Novel Automation Limited offer?

Novel Automation Limited offers a wide range of products and services, including Strapping & Sealing Machines, Carton Sealer, Office Stationery & Calculator, Tape Dispensers, Packaging Films & Foils, Plastic Film, Material Handling Machines & Systems, Ingredient Feeder.

Who are the key members and board of directors at Novel Automation?

Board Members (3)

Name Designation Appointment Date Status
Anirudh Vijay Country flag representing In Director 20-Oct-2018 Current
Ram Chandak Country flag representing In Director 22-Apr-1997 Current
Ranjana Chandak Country flag representing In Director 22-Apr-1997 Current

Financial Performance of Novel Automation.

Novel Automation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.69% decrease. The company also saw a substantial fall in profitability, with a 46.86% decrease in profit. The company's net worth Soared by an impressive increase of 21.53%.

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
-14.69%
Revenue from Operations
-15.34%
Total Assets
-6.61%
Profit or Loss
-46.86%
Net Worth
21.53%
EBITDA
-44.31%

What is the Ownership and Shareholding Structure of Novel Automation?

In 2023, Novel Automation 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 Novel Automation?

Unlock and access historical data on people associated with Novel Automation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novel Automation, 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 Novel Automation'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 Novel Automation

Recent activity within the organization

  • Annual General Meeting

    Novel Automation Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Balance Sheet

    Novel Automation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Anirudh Chandak Vijay was appointed as a Director was appointed as a Director on 20 Oct 2018 & has been associated with this company since 6 years 3 months .

    20 Oct 2018

  • Director Appointment

    Ram Prakash Chandak was appointed as a Director was appointed as a Director on 22 Apr 1997 & has been associated with this company since 27 years 9 months .

    22 Apr 1997

  • Director Appointment

    Ranjana Vijay Chandak was appointed as a Director was appointed as a Director on 22 Apr 1997 & has been associated with this company since 27 years 9 months .

    22 Apr 1997

  • Company Incorporation

    Novel Automation Limited was registered on 22 Apr 1997 with Roc Mumbai & aged 27 years 9 months as per MCA records.

    22 Apr 1997

Frequently asked questions

  • Novel Automation Limited was incorporated on 22 Apr 1997.

  • The authorized share capital of Novel Automation Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Novel Automation Limited.

    • Ram Prakash Chandak
    • Anirudh Chandak Vijay
    • Ranjana Vijay Chandak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novel Automation Limited is 316 Floor-3 Plot No-212 West Wing Tulsiani Chambers Free Press Journal Marg Narim, An Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Novel Automation Limited is U34200MH1997PLC107466 and the company number is 107466 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novel Automation Limited is https://www.novelautomation.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Novel Automation Limited has fallen by -14.69%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Novel Automation Limited has experienced an upsurge of 21.53%.

  • The most recent Balance Sheet for Novel Automation Limited was filed with the ROC on 31 Mar 2023.

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