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NIKE INDIA PRIVATE LIMITED

Active
Updated: 05 Nov 2024

The company designs, develops, and markets athletic footwear, apparel, equipment, and accessory products for men, women, and children.

Nike India Private Limited, is an unlisted private company incorporated on 17 August, 2004. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 609.56 cr and the total paid-up capital is INR 609.51 cr.

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Industry

Manufacturing (Others)
Products
  • women, Sportswear shoes and apparels for for men, and children
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
4.05%
₹ 1,179.6
EBITDA
-
₹ -107.8
Net Profit
-
₹ -116.9
Networth
-24.65%
₹ 356.6
Borrowings
-
₹ -
Assets
5.12%
₹ 873.1
Gross Margin
-1.8
33.9 %
Operating Margin
-1.9
-9.1 %
Net Profit Margin
-2.59
-9.8 %
Return on Equity
-15.3
-32.8 %
ROCE
-14.79
-34.5 %
Debt to Equity
-
0.0
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (4)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • LOSS MAKING
  • LOW ROCE
Low Risk
  • GROSS MARGINS DETERIORATING
  • EBITDA MARGINS DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 760.0 555.0 739.2 1,133.6 1,179.6
Operating profit 67.9 69.4 7.4 -82.1 -107.8
Net profit 32.9 53.9 32.4 -82.8 -116.9
Gross margin 43.8 47.1 38.8 35.7 33.9
Operating margin 8.9 12.5 1.0 -7.2 -9.1
Net margin 4.2 9.6 4.2 -7.2 -9.8
Networth 467.1 522.6 554.1 473.3 356.6
Borrowings - - - - -
Assets 663.3 772.8 859.3 830.6 873.1
Debt to equity 0.0 0.0 0.0 0.0 0.0
Current ratio 3.5 3.3 2.9 2.4 1.6
ROE 7.0 10.3 5.8 -17.5 -32.8
Days payable 88.0 113.0 106.0 90.0 121.0
WC days 198.0 275.0 250.0 136.0 90.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 609.5 609.5 609.5 609.5 609.5
Reserves -142.4 -86.9 -55.4 -136.3 -252.9
Borrowings + - - - - -
Long term borrowings - - - - -
Short term borrowings - - - - -
Trade payables + 102.9 90.8 131.2 180.5 258.2
Days payable 88.0 113.0 106.0 90.0 121.0
Other liabilities + 196.1 250.2 305.2 357.3 516.5
Other non-current liabilities 28.6 71.4 37.9 50.5 58.0
Other current liabilities 64.6 88.0 136.1 126.4 200.3
Total liabilities 663.3 772.8 859.3 830.6 873.1
Fixed Assets + 32.8 114.7 35.7 42.4 60.9
Tangible assets 32.8 114.7 35.7 42.4 60.9
CWIP - - - - -
Intangible assets - - - - -
LT loans and advances 2.0 12.4 1.8 - -
Other non-current assets 48.1 48.1 48.6 58.2 64.1
Current assets + 580.4 597.6 773.2 730.0 748.1
Inventories 132.8 95.1 137.4 256.4 272.7
Trade receivables 193.0 171.6 152.5 210.2 138.9
Cash and cash equivalents 224.1 298.5 451.0 187.4 228.0
ST loans and advances 0.4 0.2 - - -
Other current assets 30.1 32.2 32.3 76.1 108.5
Total assets 663.3 772.8 859.3 830.6 873.1
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 760.0 555.0 739.2 1,133.6 1,179.6
Sales growth % -6.67 -26.98 33.2 53.36 4.05
Expenses + 741.7 508.4 745.2 1,233.9 1,312.6
Cost of goods 427.5 293.7 452.7 728.7 779.5
Employee cost 24.2 48.1 16.1 16.9 19.5
Other costs 240.4 143.8 263.0 470.1 488.4
Operating profit + 67.9 69.4 7.4 -82.1 -107.8
Operating margin % 8.9 12.5 1.0 -7.2 -9.1
Other income 15.1 8.9 15.9 17.5 16.1
Interest 41.1 5.4 4.7 8.3 11.9
Depreciation 8.5 17.4 8.6 9.9 13.2
Exceptional items - - - - -
Profit before tax 33.4 55.5 9.9 -82.8 -116.9
Tax 0.5 1.6 2.8 - -
Profit - disc. ops - - 25.3 - -
Net profit 32.9 53.9 32.4 -82.8 -116.9
Net margin % 4.2 9.6 4.2 -7.2 -9.8
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.0 0.0 0.0 0.0 0.0
Net Debt/Equity 0.0 0.0 0.0 0.0 0.0
Total Debt/Assets 0.0 0.0 0.0 0.0 0.0
Total Assets/Equity 1.4 1.5 1.6 1.8 2.5
Liquidity +
Current Ratio 3.5 3.3 2.9 2.4 1.6
Quick Ratio 2.7 2.8 2.4 1.5 1.0
Interest Coverage 1.6 12.8 1.6 -9.9 -9.0
Performance
Gross Margin 43.8 47.1 38.8 35.7 33.9
Operating Margin 8.9 12.5 1.0 -7.2 -9.1
Net Margin 4.2 9.6 4.2 -7.2 -9.8
Return +
Return on Equity 7.0 10.3 5.8 -17.5 -32.8
Pre-tax ROCE 13.3 9.8 -0.2 -19.8 -34.5
Return on Assets 5.0 7.0 3.8 -10.0 -13.4
Pre-tax ROIC 12.7 9.9 -0.2 -19.4 -33.9
Efficiency +
Days Payable 88.0 113.0 106.0 90.0 121.0
Days Inventory 113.0 118.0 111.0 128.0 128.0
Days Receivable 93.0 113.0 75.0 68.0 43.0
Fixed Asset Turnover 23.2 4.8 20.7 26.8 19.4
Total Asset Turnover 1.1 0.7 0.9 1.4 1.4
Working Capital
Cash Conversion Cycle 118.0 118.0 80.0 106.0 50.0
Working Capital Days 198.0 275.0 250.0 136.0 90.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation Name DIN/PAN Tenure
Director Sanjay Gangopadhyay 07298901 10 years
Director Suchitra Bhat 09406662 3 years
Additional Director Mary Irene Hunter 10040360 2 years
Director Saahil Kannan Iyer 10178429 2 years
CS Kanika Jain <HIDDEN> 3 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
NIKE INDIA TECHNOLOGY CENTER PRIVATE LIMITED
Active
3.0 Cr 1 Karnataka

Registered Details

CIN

U36939KA2004PTC034515

PAN

AABCN9612K

Incorporation

2004, 20.7 years

Company Email

Legal.India@Nike.com

Paid up Capital

₹ 609.5 Cr

Authorised Capital

₹ 609.6 Cr

AGM

Sep 2024

Type

Private
Non-government Company

FAQ - NIKE INDIA PRIVATE LIMITED

What is the incorporation date of NIKE INDIA PRIVATE LIMITED?

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The incorporation date of NIKE INDIA PRIVATE LIMITED is 17 August, 2004

What is the authorized share capital of NIKE INDIA PRIVATE LIMITED?

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The authorized share capital of NIKE INDIA PRIVATE LIMITED is INR ₹ 609.6 Cr.

What is the paid-up capital of NIKE INDIA PRIVATE LIMITED?

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The paid-up capital of NIKE INDIA PRIVATE LIMITED is INR ₹ 609.5 Cr.

What is the registered address of NIKE INDIA PRIVATE LIMITED?

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The registered address of NIKE INDIA PRIVATE LIMITED is Ground and First Floor, Olympia Building, No.66/1, Bagmane Tech Park, CV Raman Nagar Bengaluru Bangalore Karnataka - 560093

What is the CIN number of NIKE INDIA PRIVATE LIMITED?

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The CIN number of NIKE INDIA PRIVATE LIMITED is U36939KA2004PTC034515.

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