We synthesized multicomponent hybrid nanostrcutures by variation of chemical processing routes. The hybrid nanostructure is based on nitrogen doped CNT (nCNT), polyaniline (pani) and metal oxides (MnOx & RuOx). The interaction between nCNT and pani resulted in a strong bond between protonated pyridinic N and aniline radical. Such kind of bonding is explained by proposing a radical-cation coupling model (RCCM). The strong coupling between nCNT and pani is evident from the N1s deconvoluted XPS spectra where a new peak arises at 398.9eV. Raman spectra taken before and after solution processing of nCNT-pani showed the presence of pani peaks. Due to the close interaction and strong bonding, our hybrid nanostructure (nCNT-pani) showed specific capacitance value of 1,450 F/g and 515 F/g in neutral and acidic electrolyte respectively that is comparatively higher than reported before. Similarly the electrochemical performance is further enhanced by incorporation of metal oxides in nCNT-pani via one step and two-step process. We achieved a maximum specific capacitance value (1,817 F/g) for nCNT-pani/MnOx-1 in neutral solution. Similarly, in case of nCNT-pani/RuOx-2, a specific capacitance value of (1,155 F/g) was achieved in acidic solution almost double the value of nCNT-pani. The overall good electrochemical performance exhibited by our two and three component hybrid nanostructures is considered to be because of very close interactions among them.