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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.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
State | Type | Address |
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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 |
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 |
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 |
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 |
IDBI Trusteeship Services Limited
No. of Loans: 3
Total Amount : 5,500.0 cr
Bank of Baroda
No. of Loans: 1
Total Amount : 1,900.0 cr
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 |
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 | - | - |
The incorporation date of NIRMA LIMITED is 25 February, 1980
The authorized share capital of NIRMA LIMITED is INR ₹ 775.5 Cr.
The paid-up capital of NIRMA LIMITED is INR ₹ 73.0 Cr.
The registered address of NIRMA LIMITED is NIRMA HOUSE ASHRAM ROAD AHMEDABAD Ahmedabad Gujarat - 380009
The CIN number of NIRMA LIMITED is U24240GJ1980PLC003670.