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Nike India
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NIKE INDIA PRIVATE LIMITED

All Companies ›

Karnataka ›

General Manufacturing ›

Active

Updated: 26 Oct 2026

Nike India Private Limited is a leading sportswear company that specializes in the design, development, and marketing of athletic footwear, apparel, and equipment. Operating nationwide, it offers a diverse range of products tailored for various sports and fitness activities, promoting an active lifestyle and enhancing athletic performance through innovation and quality.

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 Bengaluru, Karnataka. It's authorized share capital is INR 1,053.50 cr and the total paid-up capital is INR 834.21 cr.

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Industry and products

Manufacturing (Others)

women, Sportswear shoes and apparels for for men, and children

Company size

Auth Capital

₹ 1,053.5 Cr

Paidup Capital

₹ 834.2 Cr

Revenue

₹ 1250-1500 cr

Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue

15.53%

₹ 1,381.3

EBITDA

₹ -82.8

Net Profit

₹ -82.9

Networth

-22.31%

₹ 277.0

Borrowings

₹ -

Assets

-13.31%

₹ 756.9

Gross Margin

2.13

36.0 %

Operating Margin

2.98

-6.2 %

Net Profit Margin

3.78

-6.0 %

Return on Equity

2.87

-29.9 %

ROCE

-18.31

-52.9 %

Debt to Equity

0.0

Sales

Mar 2025

Net worth

Mar 2025

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Locations

India (4)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Suchitra Bhat	09406662	5 years
Director	Mary Irene Hunter	10040360	4 years
Additional Director	Tarundeep Singh Makkar	11483661	1 years
Director	Saahil Kannan Iyer	10178429	3 years

Financial Highlights

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	555.0	739.2	1,133.6	1,179.6	1,344.1
Operating profit	69.4	7.4	-82.1	-107.8	-82.8
Net profit	53.9	32.4	-82.8	-116.9	-82.9
Gross margin	47.1	38.8	35.7	33.9	36.0
Operating margin	12.5	1.0	-7.2	-9.1	-6.2
Net margin	9.6	4.2	-7.2	-9.8	-6.0
Networth	522.6	554.1	473.3	356.6	277.0
Borrowings	-	-	-	-	-
Assets	772.8	859.3	830.6	873.1	756.9
Debt to equity	0.0	0.0	0.0	0.0	0.0
Current ratio	3.3	2.9	2.4	1.6	1.3
ROE	10.3	5.8	-17.5	-32.8	-29.9
Days payable	113.0	106.0	90.0	121.0	39.0
WC days	275.0	250.0	136.0	90.0	36.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

₹

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	609.5	609.5	609.5	609.5	609.5
Reserves	-86.9	-55.4	-136.3	-252.9	-332.5
Borrowings +	-	-	-	-	-
Long term borrowings	-	-	-	-	-
Short term borrowings	-	-	-	-	-
Trade payables +	90.8	131.2	180.5	258.2	91.4
Days payable	113.0	106.0	90.0	121.0	39.0
Other liabilities +	159.4	174.0	176.9	258.3	388.4
Other non-current liabilities	71.4	37.9	50.5	58.0	57.9
Other current liabilities	88.0	136.1	126.4	200.3	330.5
Total liabilities	772.8	859.3	830.6	873.1	756.9
Fixed Assets +	114.7	35.7	42.4	60.9	63.3
Tangible assets	114.7	35.7	42.4	60.9	62.0
CWIP	-	-	-	-	1.3
Intangible assets	-	-	-	-	-
LT loans and advances	12.4	1.8	-	-	-
Other non-current assets	48.1	48.6	58.2	64.1	139.3
Current assets +	597.6	773.2	730.0	748.1	554.3
Inventories	95.1	137.4	256.4	272.7	153.0
Trade receivables	171.6	152.5	210.2	138.9	121.8
Cash and cash equivalents	298.5	451.0	187.4	228.0	176.1
ST loans and advances	0.2	-	-	-	-
Other current assets	32.2	32.3	76.1	108.5	103.4
Total assets	772.8	859.3	830.6	873.1	756.9

Percentage of assets	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	78.87	70.93	73.38	69.81	80.53
Reserves	-11.25	-6.44	-16.4	-28.97	-43.93
Borrowings +	0.0	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	11.75	15.27	21.73	29.58	12.08
Other liabilities +	20.63	20.25	21.3	29.58	51.32
Other non-current liabilities	9.23	4.41	6.08	6.64	7.65
Other current liabilities	11.39	15.83	15.21	22.94	43.66
Total liabilities
Fixed Assets +	14.84	4.16	5.1	6.98	8.36
Tangible assets	14.84	4.16	5.1	6.98	8.19
CWIP	0.0	0.0	0.0	0.0	0.17
Intangible assets	0.0	0.0	0.0	0.0	0.0
LT loans and advances	1.61	0.21	0.0	0.0	0.0
Other non-current assets	6.22	5.65	7.01	7.35	18.4
Current assets +	77.33	89.98	87.89	85.68	73.24
Inventories	12.31	15.99	30.87	31.23	20.22
Trade receivables	22.2	17.74	25.3	15.91	16.1
Cash and cash equivalents	38.63	52.49	22.56	26.11	23.27
ST loans and advances	0.03	0.0	0.0	0.0	0.0
Other current assets	4.17	3.76	9.16	12.43	13.66
Total assets

Total assets

Profit & Loss

₹

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	555.0	739.2	1,133.6	1,179.6	1,344.1
Sales growth %	-26.98	33.2	53.36	4.05	13.95
Expenses +	508.4	745.2	1,233.9	1,312.6	1,460.1
Cost of goods	293.7	452.7	728.7	779.5	859.6
Employee cost	48.1	16.1	16.9	19.5	20.3
Other costs	143.8	263.0	470.1	488.4	547.0
Operating profit +	69.4	7.4	-82.1	-107.8	-82.8
Operating margin %	12.5	1.0	-7.2	-9.1	-6.2
Other income	8.9	15.9	17.5	16.1	37.2
Interest	5.4	4.7	8.3	11.9	12.6
Depreciation	17.4	8.6	9.9	13.2	20.6
Exceptional items	-	-	-	-	-
Profit before tax	55.5	9.9	-82.8	-116.9	-78.8
Tax	1.6	2.8	-	-	4.1
Profit - disc. ops	-	25.3	-	-	-
Net profit	53.9	32.4	-82.8	-116.9	-82.9
Net margin %	9.6	4.2	-7.2	-9.8	-6.0

Precentage of total income	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	98.42	97.9	98.48	98.66	97.3
Expenses +	90.15	98.69	107.19	109.78	105.7
Cost of goods	52.08	59.96	63.31	65.19	62.23
Employee cost	8.52	2.13	1.47	1.63	1.47
Other costs	25.5	34.83	40.84	40.85	39.6
Operating profit	12.31	0.98	-7.13	-9.02	-5.99
Other income	1.58	2.1	1.52	1.34	2.7
Interest	0.96	0.63	0.72	1.0	0.91
Depreciation	3.09	1.14	0.86	1.1	1.49
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	9.85	1.31	-7.19	-9.78	-5.7
Tax	0.28	0.37	0.0	0.0	0.3
Profit - disc. ops	0.0	3.35	0.0	0.0	0.0
Net profit	9.56	4.29	-7.19	-9.78	-6.0

Revenue from operations

Ratios

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
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	1.5	1.6	1.8	2.5	2.7
Liquidity +
Current Ratio	3.3	2.9	2.4	1.6	1.3
Quick Ratio	2.8	2.4	1.5	1.0	0.9
Interest Coverage	12.8	1.6	-9.9	-9.0	-6.6
Performance
Gross Margin	47.1	38.8	35.7	33.9	36.0
Operating Margin	12.5	1.0	-7.2	-9.1	-6.2
Net Margin	9.6	4.2	-7.2	-9.8	-6.0
Return +
Return on Equity	10.3	5.8	-17.5	-32.8	-29.9
Pre-tax ROCE	9.8	-0.2	-19.8	-34.5	-52.9
Return on Assets	7.0	3.8	-10.0	-13.4	-10.9
Pre-tax ROIC	9.9	-0.2	-19.4	-33.9	-37.3
Efficiency +
Days Payable	113.0	106.0	90.0	121.0	39.0
Days Inventory	118.0	111.0	128.0	128.0	65.0
Days Receivable	113.0	75.0	68.0	43.0	33.0
Fixed Asset Turnover	4.8	20.7	26.8	19.4	21.2
Total Asset Turnover	0.7	0.9	1.4	1.4	1.8
Working Capital
Cash Conversion Cycle	118.0	80.0	106.0	50.0	59.0
Working Capital Days	275.0	250.0	136.0	90.0	36.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

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

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

Tofler Score

Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

VERY LOW INTEREST COVERAGE

Moderate Risk

LOSS MAKING
LOW ROCE

Low Risk

No risks identified

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.

Peers / Similar Companies

Puma Sports India Private Limited Karnataka

Skechers South Asia Private Limited Maharashtra

Decathlon Sports India Private Limited Karnataka

Adidas India Marketing Private Limited Haryana

Peers

Puma Sports India Private Limited

Karnataka

Skechers South Asia Private Limited

Maharashtra

Decathlon Sports India Private Limited

Karnataka

Adidas India Marketing Private Limited

Haryana

Registered Details

CIN

U36939KA2004PTC034515

Incorporation

2004, 22.2 years

Company Email

Legal.India@Nike.com

Paid up Capital

₹ 834.2 Cr

Authorised Capital

₹ 1,053.5 Cr

AGM

Sep 2025

Type

Private

Others

FAQ - NIKE INDIA PRIVATE LIMITED

What is the incorporation date of NIKE INDIA PRIVATE LIMITED?

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

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

The authorized share capital of NIKE INDIA PRIVATE LIMITED is INR ₹ 1,053.5 Cr.

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

The paid-up capital of NIKE INDIA PRIVATE LIMITED is INR ₹ 834.2 Cr.

What is the registered address of NIKE INDIA PRIVATE LIMITED?

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 Karnataka - 560093

What is the CIN number of NIKE INDIA PRIVATE LIMITED?

The CIN number of NIKE INDIA PRIVATE LIMITED is U36939KA2004PTC034515.

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