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Nugen Machineries Limited

Manufacturer of sheet metal working machines, including press brakes and shearing machines, with a strong client base.
1990 | Ahmedabad, Gujarat (India) | Active

Last Updated:

June 21, 2024
HomeCompanyNugen Machineries Limited

Who are the key members and board of directors at Nugen Machineries?

Executive Team (1)

NameDesignationAppointment DateStatus
Samir Merchant InManaging Director02-Apr-1990Current

Board Members(2)

NameDesignationAppointment DateStatus
Laila Merchant In Whole-Time Director 04-May-2018Current
Rini Merchant In Whole-Time Director 23-Feb-2018Current

Financial Performance of Nugen Machineries.

Nugen Machineries Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 22.74% decrease. The company also saw a substantial improvement in profitability, with a 121.82% increase in profit. The company's net worth moved up by a moderate rise of 3.48%.

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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
-22.74%
Revenue from Operations
-25.72%
Total Assets
-2.80%
Profit or Loss
121.82%
Net Worth
3.48%
EBITDA
45.52%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹7.35 Cr

LenderAmountStatus

Development Credit Bank Limited

Creation Date: 16 Nov 2000
₹1.22 CrSatisfied

Development Credit Bank Limited

Creation Date: 01 Jun 1999
₹3.35 CrSatisfied

Gujarat State Financial Corporation

Creation Date: 31 Mar 1998
₹3.50 MSatisfied

How Many Employees Work at Nugen Machineries?

Nugen Machineries has a workforce of 28 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 Nugen Machineries

Recent activity within the organization

  • Annual General Meeting

    Nugen Machineries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nugen Machineries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 01 Jun 1999 via Charge ID 90099011 with Development Credit Bank Limited was fully satisfied on 11 Sep 2019.

    11 Sep 2019

  • Director Appointment

    Laila Samirbhai Merchant was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 May 2018 & has been associated with this company since 6 years 8 months .

    04 May 2018

  • Director Appointment

    Rini Samir Merchant was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Feb 2018 & has been associated with this company since 6 years 10 months .

    23 Feb 2018

  • Charges

    A charge registered on 18 Jan 1996 via Charge ID 90098329 with Gujrat Investment Corporation Ltd was fully satisfied on 10 May 2011.

    10 May 2011

Frequently asked questions

  • Nugen Machineries Limited was incorporated on 02 Apr 1990.

  • The authorized share capital of Nugen Machineries Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.10 Cr.

  • Currently 3 directors are associated with Nugen Machineries Limited.

    • Samir Muradali Merchant
    • Laila Samirbhai Merchant
    • Rini Samir Merchant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nugen Machineries Limited is Plot No. 16 17 18 Block No. 388, Changodar Ind. Estate Sarkhej-Bhavla Highway, Gujarat, India, 382210.

  • The corporate identification number (CIN) of Nugen Machineries Limited is U29194GJ1990PLC013570 and the company number is 013570 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nugen Machineries Limited is https://www.nugenindia.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Nugen Machineries Limited has fallen by -22.74%.

  • As Per 2020 financial reports, 28 employees are currently employed by Nugen Machineries Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Nugen Machineries Limited has experienced an upsurge of 3.48%.

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

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