Ardee Drives Private Limited

Ardee Drives Private Limited - machinery and equipment in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U21011TG1998PTC029451 Incorporated 22 May 1998 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company machinery and equipment MSME
Data last updated
Revenue · FY 2025
₹16.74 Cr
▲ 15% YoY
Net profit · FY 2025
₹49.54 Lakh
Net margin 3%
EBITDA · FY 2025
₹1.57 Cr
EBITDA margin 9.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.17 Cr
Issued & subscribed
Open charges
₹15.21 Cr
Satisfied ₹3.03 Cr
Company age
28 yrs
Est. 1998
Directors on board
4
As per MCA filings

About Ardee Drives Private Limited

Data last updated:

Ardee Drives Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 May 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U21011TG1998PTC029451. Its GSTIN is 36AAACB8215F1ZZ (Telangana).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.17 Cr. It was formerly known as Balaji Drives Private Limited and Balaji Drives Limited. It is led by directors including Rahul Kuchakulla (Managing Director) and Chandra Sekhar Moturu.

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 Shed No. 79 Phase III Ida Patancheru, Hyderabad, Telangana, India – 502319.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.74 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹49.54 Lakh (net margin 3%) and EBITDA of ₹1.57 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 210% over three years and 105% over five years.

As per MCA filings, the company has open charges of ₹15.21 Cr and satisfied charges of ₹3.03 Cr on record.

Ardee Drives Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-25-0000809). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U21011TG1998PTC029451
Registration Number 029451
Incorporation Date 22 May 1998
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-25-0000809

Name history

Ardee Drives has undergone 2 name changes throughout its history. The company was previously known as Balaji Drives Private Limited, and Balaji Drives Limited. The current legal name is Ardee Drives Private Limited.

Company NameStatus
Ardee Drives Private LimitedCurrent
Balaji Drives Private LimitedPrevious
Balaji Drives LimitedPrevious

CIN history

Ardee Drives has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U21011TG1998PTC029451, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U21011TG1998PTC029451Current
U21011TG1998PLC029451Previous
U21011AP1998PLC029451Previous

Recognitions & Rankings of Ardee Drives

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TS-25-0000809

Contact details

Ardee Drives Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shed No. 79 Phase III Ida Patancheru, Hyderabad, Telangana, India – 502319
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Ardee Drives Private Limited, buy the company report.

Comprehensive company report
Ardee Drives Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ardee Drives is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Ardee Drives Private Limited, buy the company report.

Financials of Ardee Drives Private Limited

FY 2025 filings available

Ardee Drives Private Limited reported revenue of ₹16.74 Cr (up 15% YoY) for FY 2025.

Revenue · FY 2025
₹16.74 Cr ▲ 15%
Net profit · FY 2025
₹49.54 Lakh margin 3%
EBITDA · FY 2025
₹1.57 Cr margin 9.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 210%
5 years · compounded
▲ 105%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 314%
5 years · compounded
▲ 138%

Revenue has grown at a compounded annual rate (CAGR) of 105% over five years, including 15% growth in the latest year. EBITDA rose 31% in the latest year. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.57 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹49.54 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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.4%
Net Profit Margin3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Ardee Drives Private Limited, buy the company report.

Board of directors of Ardee Drives Private Limited

Ardee Drives has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chandra Sekhar MoturuDirector15 Nov 20196 Years 11 MonthsCurrent
Sundararama Sarma GorrepatiDirector20 Apr 20233 Years 6 MonthsCurrent
Rahul KuchakullaManaging Director05 Apr 20233 Years 7 MonthsCurrent
Ragdeep MoturuDirector15 Nov 20196 Years 11 MonthsCurrent

Auditor

Ardee Drives Private Limited is audited by C.VenkatKrishna&Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
C.VenkatKrishna&Co.FY 2023004599S

Shareholding

The shareholding of Ardee Drives Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ardee Drives Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.21 Cr
Satisfied charges
₹3.03 Cr
Breakdown by lending institutions
Others₹14.94 Cr
Hdfc Bank Limited₹0.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Sep 2025101163858Hdfc Bank Limited₹27.34 LakhOpen
29 Mar 2025101076625Others₹9.94 CrOpen
29 Oct 2022100647689Others₹3.17 CrOpen
29 Oct 2022100647688Others₹1.84 CrOpen
17 Dec 2019100322520Others₹1.75 CrSatisfied

To see the full charge records of Ardee Drives Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

Ardee Drives Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 15 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 5)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
BMD Industrial Steels Private Limited
Placebo Gears & Transmission
an individual supplier

To see the full MSME payment records of Ardee Drives Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Ardee Drives has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAACB8215F1ZZTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Ardee Drives Private Limited, buy the company report.

Recent activity

Ardee Drives Private Limited has 12 board changes on record since 2011: 4 appointments and 8 cessations. The latest: Rahul Kuchakulla ceased to be Additional Director on 29 Sep 2023.

AGM
Ardee Drives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101163858 was registered on 22 Sep 2025.
Charges
A charge with Others of Rs. 9.94 Cr registered on 29 Mar 2025 with Charge ID 101076625 was modified on 28 Apr 2025.
Filing
Ardee Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 9.94 Cr with Charge ID 101076625 was registered on 29 Mar 2025.
Ceased
Rahul Kuchakulla ceased to be Additional Director.
Ceased
Sundararama Sarma Gorrepati ceased to be Additional Director.
Appointed
Sundararama Sarma Gorrepati was appointed as Director.
Appointed
Rahul Kuchakulla was appointed as Managing Director.
Charges
A charge registered on 17 Dec 2019 via Charge ID 100322520 with Others was fully satisfied on 28 Nov 2022.
Charges
A charge with Others amounted to Rs. 3.17 Cr with Charge ID 100647689 was registered on 29 Oct 2022.
Charges
A charge with Others amounted to Rs. 1.84 Cr with Charge ID 100647688 was registered on 29 Oct 2022.

16 earlier events are in the company report.

Frequently asked questions

Ardee Drives is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 May 1998 (28+ years old) and is registered under CIN U21011TG1998PTC029451.

Ardee Drives has 4 current directors:

The latest financial statements of Ardee Drives 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.

The GSTIN of Ardee Drives is 36AAACB8215F1ZZ, registered in Telangana.

The CIN (Corporate Identification Number) of Ardee Drives is U21011TG1998PTC029451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ardee Drives was incorporated on 22 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.

Rahul Kuchakulla ceased to be Additional Director on 29 Sep 2023. Sundararama Sarma Gorrepati ceased to be Additional Director on 29 Sep 2023. Sundararama Sarma Gorrepati was appointed as Director on 20 Apr 2023. Ardee Drives has 12 board changes on record in total.

Yes, Ardee Drives is registered as an MSME under Udyam registration (number: UDYAM-TS-25-0000809).

Ardee Drives has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 15 overdue payments to 5 micro and small suppliers. The latest return was filed on 03 Jul 2019.

The registered office of Ardee Drives is at Shed No. 79 Phase III Ida Patancheru, Hyderabad, Telangana, India – 502319.

Ardee Drives operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.