Not registered yet? Get a free account.

Sign Up
search icon cancel icon

NIRMA LIMITED

www.nirma.co.in
Active
Updated: 05 Nov 2024

Nirma Limited manufactures, retails, and distributes commercial and industrial cleaning products.

Nirma Limited, is an unlisted public company incorporated on 25 February, 1980. It is classified as a public limited company and is located in Ahmedabad, Gujarat. It's authorized share capital is INR 775.50 cr and the total paid-up capital is INR 73.04 cr.

Read more

Industry

Manufacturing of Pharmaceuticals
Products
  • soaps, vacuum evaporated iodized salt, and scouring products, single super phosphate, and sodium silicate, as well as shampoos and toothpastes; and industrial products, detergents, edible salt, etc, as well as caustic soda, including linear alkyl benzene, alfa olefin sulfonate, glycerin, sulfuric acid, soda ash, pure salt
Key Metrics

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

Sales
-15.1%
₹ 7,267.7
EBITDA
-41.18%
₹ 1,191.8
Net Profit
-43.11%
₹ 681.7
Networth
9.13%
₹ 8,195.4
Borrowings
173.75%
₹ 5,924.7
Assets
37.59%
₹ 15,979.8
Gross Margin
-6.32
60.1 %
Operating Margin
-7.27
16.4 %
Net Profit Margin
-4.73
9.1 %
Return on Equity
-7.64
8.3 %
ROCE
-8.65
35.4 %
Debt to Equity
0.43
0.7
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (102)
State Type Address

location icon Locations on Map

Map placeholder

Tofler Score

Good
score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • CASH DETERIORATING
Low Risk
  • EBITDA MARGINS DETERIORATING
  • REVENUE DECLINE
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.

Read more

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 5,345.4 5,035.0 6,515.5 8,560.5 7,267.7
Operating profit 1,308.4 1,293.0 1,435.3 2,026.4 1,191.8
Net profit 775.3 532.4 480.5 1,198.2 681.7
Gross margin 66.2 66.7 64.8 66.5 60.1
Operating margin 24.5 25.7 22.0 23.7 16.4
Net margin 14.1 10.2 7.2 13.8 9.1
Networth 5,284.2 5,818.1 6,307.3 7,509.6 8,195.4
Borrowings 4,417.1 3,882.9 2,540.7 2,164.3 5,924.7
Assets 11,558.8 11,927.7 10,750.1 11,613.7 15,979.8
Debt to equity 0.8 0.7 0.4 0.3 0.7
Current ratio 1.3 0.8 0.9 1.1 0.7
ROE 14.7 9.2 7.6 16.0 8.3
Days payable 58.0 65.0 75.0 65.0 58.0
WC days 40.0 -39.0 -16.0 8.0 -49.0
chart icon

Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 73.0 73.0 73.0 73.0 73.0
Reserves 5,211.2 5,745.1 6,234.2 7,436.5 8,122.3
Borrowings + 4,417.1 3,882.9 2,540.7 2,164.3 5,924.7
Long term borrowings 3,937.1 3,446.8 879.5 305.6 3,823.4
Short term borrowings 480.0 436.1 1,661.2 1,858.8 2,101.3
Trade payables + 289.2 299.5 473.5 514.8 464.0
Days payable 58.0 65.0 75.0 65.0 58.0
Other liabilities + 1,857.4 2,226.7 1,902.1 1,939.8 1,859.7
Other non-current liabilities 309.5 398.1 514.5 485.7 503.7
Other current liabilities 1,258.8 1,529.2 914.1 939.3 892.0
Total liabilities 11,558.8 11,927.7 10,750.1 11,613.7 15,979.8
Fixed Assets + 4,152.0 4,202.6 3,763.0 3,565.9 3,597.6
Tangible assets 3,050.1 3,650.5 3,294.4 3,059.4 2,882.6
CWIP 1,096.8 529.0 224.2 268.3 483.0
Intangible assets 5.1 23.1 244.4 238.2 232.1
LT loans and advances 0.1 - - 66.6 -
Other non-current assets 4,796.9 5,997.5 4,221.3 4,485.4 9,904.3
Current assets + 2,609.7 1,727.7 2,765.8 3,495.8 2,477.9
Inventories 1,071.4 1,013.2 1,457.0 1,544.7 1,179.4
Trade receivables 457.7 352.1 573.6 644.5 570.6
Cash and cash equivalents 94.7 141.6 359.9 36.5 195.5
ST loans and advances 689.7 15.1 64.9 280.3 26.9
Other current assets 296.2 205.8 310.3 989.8 505.4
Total assets 11,558.8 11,927.7 10,750.1 11,613.7 15,979.8
chart icon

Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 5,345.4 5,035.0 6,515.5 8,560.5 7,267.7
Sales growth % -14.3 -5.81 29.4 31.39 -15.1
Expenses + 4,711.5 4,458.2 5,970.5 7,072.4 6,572.6
Cost of goods 1,807.5 1,678.6 2,292.8 2,872.3 2,897.9
Employee cost 303.1 339.5 350.7 384.4 431.4
Other costs 1,926.4 1,723.9 2,436.7 3,277.4 2,746.5
Operating profit + 1,308.4 1,293.0 1,435.3 2,026.4 1,191.8
Operating margin % 24.5 25.7 22.0 23.7 16.4
Other income 160.8 170.9 148.4 124.8 243.9
Interest 400.7 340.1 278.8 162.6 231.2
Depreciation 273.7 376.1 611.5 375.7 265.6
Exceptional items 189.7 - - - -
Profit before tax 984.5 747.6 693.4 1,612.9 938.9
Tax 200.4 215.3 212.9 414.7 257.2
Profit - disc. ops -8.8 - - - -
Net profit 775.3 532.4 480.5 1,198.2 681.7
Net margin % 14.1 10.2 7.2 13.8 9.1
chart icon

Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.8 0.7 0.4 0.3 0.7
Net Debt/Equity 0.8 0.6 0.3 0.3 0.7
Total Debt/Assets 0.4 0.3 0.2 0.2 0.4
Total Assets/Equity 2.2 2.0 1.7 1.6 1.9
Liquidity +
Current Ratio 1.3 0.8 0.9 1.1 0.7
Quick Ratio 0.8 0.3 0.4 0.6 0.4
Interest Coverage 3.3 3.8 5.2 12.5 5.2
Performance
Gross Margin 66.2 66.7 64.8 66.5 60.1
Operating Margin 24.5 25.7 22.0 23.7 16.4
Net Margin 14.1 10.2 7.2 13.8 9.1
Return +
Return on Equity 14.7 9.2 7.6 16.0 8.3
Pre-tax ROCE 21.9 25.0 23.7 44.0 35.4
Return on Assets 6.7 4.5 4.5 10.3 4.3
Pre-tax ROIC 10.8 9.6 9.7 17.1 6.7
Efficiency +
Days Payable 58.0 65.0 75.0 65.0 58.0
Days Inventory 216.0 220.0 232.0 196.0 149.0
Days Receivable 31.0 26.0 32.0 27.0 29.0
Fixed Asset Turnover 1.3 1.2 1.7 2.4 2.0
Total Asset Turnover 0.5 0.4 0.6 0.7 0.5
Working Capital
Cash Conversion Cycle 189.0 181.0 189.0 158.0 120.0
Working Capital Days 40.0 -39.0 -16.0 8.0 -49.0
chart icon

Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 3

Total Amount : 5,500.0 cr

2

Bank of Baroda

No. of Loans: 1

Total Amount : 1,900.0 cr

chart icon

Charges

IDBI Trusteeship Services Limited
Bank of Baroda

People

Designation Name DIN/PAN Tenure
Director Pankaj Ramanbhai Patel 00131852 3 years
Director Kaushikbhai Nandubhai Patel 00145086 23 years
Managing Director Hiren Karsanbhai Patel
Shareholder
00145149 19 years
Director Karsanbhai Khodidas Patel
Shareholder
00404099 45 years
Director Rakeshbhai Karsanbhai Patel
Shareholder
00760023 28 years
Director Ashish Desai 00962502 1 years
Whole-time Director Shaileshbhai Valjibhai Sonara 06592025 12 years
CS Paresh Balmukund Sheth <HIDDEN> 19 years
CFO Manan Nutanbhai Shah <HIDDEN> 7 years
Director Tejalben Amitkumar Mehta 10125072 2 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
CADILA LABORATORIES PRIVATE LIMITED
Active
3.8 Cr 1 Gujarat
BAYER CROPSCIENCE LIMITED
Active
44.9 Cr 1 Maharashtra
PRIPAN INVESTMENT PRIVATE LIMITED
Active
286.2 Cr 1 Gujarat
ZYDUS HOSPITALS (VADODRA) PRIVATE LIMITED
Converted to LLP
1.0 L 1 Gujarat
ZYDUS HOSPITALS (RAJKOT) PRIVATE LIMITED
Converted to LLP
1.0 L 1 Gujarat
GRUH FINANCE LIMITED
Amalgamated
146.8 Cr 1 Gujarat
ZYDUS BSV RESEARCH AND DEVELOPMENT PRIVA TE LIMITED
Amalgamated
2.0 Cr 1 Gujarat
MABS BIOTECH PRIVATE LIMITED
Converted to LLP
5.0 L 1 Gujarat
ZYDUS FOUNDATION
Active
5.0 L 1 Gujarat
ZYDUS LIFESCIENCES LIMITED
Active
100.6 Cr 1 Gujarat
ZYDUS HOSPITALS AND MEDICAL RESEARCH PRI VATE LIMITED
Amalgamated
1.0 L 1 Gujarat
WESTERN AHMEDABAD EFFLUENT CONVEYANCE COMPANY PRIVATE LIMITED
Active
1.0 L 1 Gujarat
ZYDUS HEALTHCARE LIMITED
Amalgamated
10.0 Cr 1 Gujarat
CADILA LIFESCIENCES PRIVATE LIMITED
Active
1.0 L 1 Gujarat
ZANDRA HERBS AND PLANTATIONS LLP
Active
1.0 Cr 1 Gujarat
RAJNIGANDHA DEVELOPERS LLP
Active
1.0 L 1 Gujarat
VERTIUS LLP
Active
10.0 L 1 Gujarat
ZANDRA INFRASTRUCTURE LLP
Active
1.0 L 1 Gujarat
ZYDUS HOSPITAL LLP
Active
10.0 L 1 Gujarat
ALETA HOSPITALS LLP
Active
1.0 L 1 Gujarat
ZENILA VENTURES LLP
Active
5.0 L 1 Gujarat
ZYDUS HOSPITALS AND HEALTHCARE RESEARCH PRIVATE LIMITED
Active
1.0 L 1 Gujarat
CADMACH MACHINERY COMPANY PRIVATE LIMITED
Active
22.2 L 1 Gujarat
ZYDUS TAKEDA HEALTHCARE PRIVATE LIMITED
Active
20.0 Cr 1 Maharashtra
GREAT EASTERN ENERGY CORPORATION LIMITED
Active
59.6 Cr 1 West Bengal
INVEST INDIA
Active
1.0 Cr 1 Delhi
NUVOCO VISTAS CORPORATION LIMITED
Active
357.2 Cr 2 Maharashtra
GLENMARK LIFE SCIENCES LIMITED
Active
24.5 Cr 2 Maharashtra
NIRMA CREDIT AND CAPITAL PRIVATE LIMITED
Active
15.5 L 2 Gujarat
LEH HOLDINGS PRIVATE LIMITED
Amalgamated
2.0 Cr 2 Gujarat
URI HOLDINGS PRIVATE LIMITED
Amalgamated
2.0 Cr 3 Gujarat
NIYOGI ENTERPRISE PRIVATE LIMITED
Active
10.2 Cr 3 Gujarat
NIRMA CHEMICAL WORKS PRIVATE LIMITED
Active
367.0 Cr 2 Gujarat
NIRMA CONSUMER CARE LIMITED
Amalgamated
46.0 L 1 Gujarat
HARSIDDH ASSOCIATES LLP
Strike Off
10.0 L 2 Gujarat
NAIRUTYA ASSOCIATES LLP
Active
1.0 L 1 Gujarat
NIRMA INDUSTRIES PRIVATE LIMITED
Active
2.0 Cr 1 Gujarat
KARGIL HOLDINGS PRIVATE LIMITED
Amalgamated
2.0 Cr 2 Gujarat
KULGAM HOLDINGS PRIVATE LIMITED
Amalgamated
2.0 Cr 1 Gujarat
BANIHAL HOLDINGS PRIVATE LIMITED
Amalgamated
2.0 Cr 1 Gujarat
NIRMA PETROCHEMICALS LIMITED
Amalgamated
5.0 L 1 Gujarat
NIRMA MANAGEMENT SERVICES PVT LTD
Active
85.6 L 1 Gujarat
TECHNO-VENTURE CONSULTANTS PRIVATE LIMITED
Strike Off
1.0 L 1 Gujarat
AVICHAL INFRACON PRIVATE LIMITED
Active
1.0 L 1 Gujarat
UTKRANTI SOLUTIONS PRIVATE LIMITED
Active
1.0 L 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
Karnavati Holding Inc. United States - -
Searles Valley Minerals Inc. United States - -
Searles Valley Minerals Europe France - -
Searles Domestic water Company LLC United States - -
Trona Railway Company LLC United States - -

Registered Details

CIN

U24240GJ1980PLC003670

PAN

AAACN5350K

Incorporation

1980, 45.1 years

Company Email

sec_nirma@nirma.co.in

Paid up Capital

₹ 73.0 Cr

Authorised Capital

₹ 775.5 Cr

AGM

Sep 2024

Type

Public
Non-government Company

FAQ - NIRMA LIMITED

What is the incorporation date of NIRMA LIMITED?

plus icon

The incorporation date of NIRMA LIMITED is 25 February, 1980

What is the authorized share capital of NIRMA LIMITED?

plus icon

The authorized share capital of NIRMA LIMITED is INR ₹ 775.5 Cr.

What is the paid-up capital of NIRMA LIMITED?

plus icon

The paid-up capital of NIRMA LIMITED is INR ₹ 73.0 Cr.

What is the registered address of NIRMA LIMITED?

plus icon

The registered address of NIRMA LIMITED is NIRMA HOUSE ASHRAM ROAD AHMEDABAD Ahmedabad Gujarat - 380009

What is the CIN number of NIRMA LIMITED?

plus icon

The CIN number of NIRMA LIMITED is U24240GJ1980PLC003670.

Smart Suggestions

  • Uttar Pradesh
  • Haryana
  • Jammu & Kashmir
  • Punjab
  • Goa
  • Madhya Pradesh
  • Kerala
  • Gujarat
  • Andhra Pradesh
  • Telangana
  • Blog Categories
  • Top Blog post
  • Financial Resources
Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More