Drillmax Rigs Private Limited
About Drillmax Rigs Private Limited
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Drillmax Rigs Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 13 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29222MH1983PTC029773. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors including Ramesh Balkrishna Desai and Meena Ramesh Desai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 201 Nutan Yojana Co Op Hsg Society Limited 16th Road Next To Bpm School Khar West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.09 Lakh. For the same year it recorded a net loss of ₹4.22 Lakh (net margin -136.6%) and EBITDA of -₹7.3 Lakh (EBITDA margin -236.6%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 53% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Drillmax Rigs Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 201 Nutan Yojana Co Op Hsg Society Limited 16th Road Next To Bpm School Khar West, Mumbai, Maharashtra, India – 400052
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Drillmax Rigs Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Drillmax Rigs Private Limited
FY 2025 filings availableDrillmax Rigs Private Limited reported revenue of ₹3.09 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.09 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -236.6% | ||||
| Net Profit Margin | -136.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Drillmax Rigs Private Limited, buy the company report.
Board of directors of Drillmax Rigs Private Limited
Drillmax Rigs has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Balkrishna Desai | Director | 13 Apr 1983 | 43 Years 6 Months | Current |
| Meena Ramesh Desai Also directs: Drilltech Equimpents Private Limited | Director | 13 Apr 1983 | 43 Years 6 Months | Current |
| Tripty Roy | Director | 15 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Drillmax Rigs Private Limited is audited by ANAND DESAI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND DESAI & ASSOCIATES | FY 2018 | 133712W |
Shareholding
The shareholding of Drillmax Rigs Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Drillmax Rigs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Drillmax Rigs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Drillmax Rigs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drillmax Rigs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Drillmax Rigs Private Limited, buy the company report.
Recent activity
Drillmax Rigs Private Limited has 4 board changes on record since 1983: 3 appointments and 1 cessation. The latest: Renee Rajiv Bijlani ceased to be Director on 15 Dec 2015.
Frequently asked questions
Drillmax Rigs is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 13 April 1983 (43+ years old) and is registered under CIN U29222MH1983PTC029773.
Drillmax Rigs has 3 current directors:
- Ramesh Balkrishna Desai - Director
- Meena Ramesh Desai - Director
- Tripty Roy - Director
The latest financial statements of Drillmax Rigs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Drillmax Rigs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Drillmax Rigs is U29222MH1983PTC029773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drillmax Rigs was incorporated on 13 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Renee Rajiv Bijlani ceased to be Director on 15 Dec 2015. Tripty Roy was appointed as Director on 15 Dec 2015. Meena Ramesh Desai was appointed as Director on 13 Apr 1983. Drillmax Rigs has 4 board changes on record in total.
The registered office of Drillmax Rigs is at Flat No 201 Nutan Yojana Co Op Hsg Society Limited 16th Road Next To Bpm School Khar West, Mumbai, Maharashtra, India – 400052.
Drillmax Rigs operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.
The compliance status of Drillmax Rigs is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
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