Avd Drives Private Limited - transport and logistics in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999PN2016PTC166450 Incorporated 16 September 2016 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Micro
Data last updated
Revenue · FY 2025
₹6.05 Cr
▲ 20% YoY
Net profit · FY 2025
₹16.12 Lakh
Net margin 2.7%
EBITDA · FY 2025
₹92.1 Lakh
EBITDA margin 15.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.67 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
24
Provident fund records

About Avd Drives Private Limited

Data last updated:

Avd Drives Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 16 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC166450. Its GSTIN is 27AAOCA7881L1ZU (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deeksha Bhardwaj and Ashok Kumar Bhardwaj.

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 103 1st Floor Nche Faade New Airport Road Viman Nagar, Pune, Maharashtra, India – 411014.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.05 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹16.12 Lakh (net margin 2.7%) and EBITDA of ₹92.1 Lakh (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 14% over five years.

The company has about 24 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: AVD Drives. As per MCA filings, the company has open charges of ₹1.67 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 1 case is pending.

Avd Drives Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0491506). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avddrives.in.

Company details

CIN U74999PN2016PTC166450
Registration Number 166450
Incorporation Date 16 September 2016
ROC Pune
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 Micro
Udyam Registration UDYAM-MH-26-0491506

Recognitions & Rankings of Avd Drives

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0491506

Contact details

Avd Drives Private Limited's registered office is in Pune, Maharashtra. Its website is avddrives.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    103 1st Floor Nche Faade New Airport Road Viman Nagar, Pune, Maharashtra, India – 411014
  • Industry
    Transport and Logistics, Ride-Hailing Services

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

Comprehensive company report
Avd 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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Brands

Avd Drives operates one associated brand: AVD Drives. Each brand links to its own profile.

BrandDescriptionWebsite
Car rental and travel services with a focus on holidays and tours in India.avddrives.in

Business activity

The main business activity of Avd Drives is support service to organizations. In detail, this covers travel agency and tour operators.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN3Travel agency and tour operators

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

Financials of Avd Drives Private Limited

FY 2025 filings available

Avd Drives Private Limited reported revenue of ₹6.05 Cr (up 20% YoY) for FY 2025.

Revenue · FY 2025
₹6.05 Cr ▲ 20%
Net profit · FY 2025
₹16.12 Lakh margin 2.7%
EBITDA · FY 2025
₹92.1 Lakh margin 15.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 71%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 44%
5 years · compounded
▲ 58%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 20% growth in the latest year. EBITDA rose 30% 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₹92.1 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16.12 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 Margin15.2%
Net Profit Margin2.7%
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 Avd Drives Private Limited, buy the company report.

Board of directors of Avd Drives Private Limited

Avd Drives has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deeksha BhardwajDirector16 Sep 201610 Years 1 MonthsCurrent
Ashok Kumar BhardwajDirector30 Jul 20233 Years 2 MonthsCurrent

Auditor

Avd Drives Private Limited is audited by ROHIT CHHABRA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
ROHIT CHHABRA & ASSOCIATESFY 2022031368N

Shareholding

The shareholding of Avd Drives Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

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

Charges & borrowings

Open charges
₹1.67 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Dec 2024101040678Others₹5 LakhOpen
19 Mar 2024100917821Others₹18 LakhOpen
22 Feb 2024100904395Others₹18 LakhOpen
24 Aug 2023100815402Others₹18 LakhOpen
24 Aug 2023100815413Others₹59.55 LakhOpen

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avd Drives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Avd Drives Private Limited has a workforce of 24 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
24
Active EPFO establishments
1
Employee growth
-4%

GST

Avd Drives has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAOCA7881L1ZUMaharashtraActive25 Sep 2017

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

Recent activity

Avd Drives Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Amit Bhardwaj ceased to be Director on 30 Jul 2023.

AGM
Avd Drives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avd Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 101040678 was registered on 12 Dec 2024.
Charges
A charge with Others amounted to Rs. 18.00 Lakh with Charge ID 100917821 was registered on 19 Mar 2024.
Charges
A charge with Others amounted to Rs. 18.00 Lakh with Charge ID 100904395 was registered on 22 Feb 2024.
Charges
A charge with Others amounted to Rs. 18.00 Lakh with Charge ID 100815402 was registered on 24 Aug 2023.
Charges
A charge with Others amounted to Rs. 59.55 Lakh with Charge ID 100815413 was registered on 24 Aug 2023.
Ceased
Amit Bhardwaj ceased to be Director.
Appointed
Ashok Kumar Bhardwaj was appointed as Director.
Charges
A charge with Others amounted to Rs. 7.08 Lakh with Charge ID 100501054 was registered on 21 Aug 2021.
Charges
A charge with Others amounted to Rs. 41.35 Lakh with Charge ID 100466130 was registered on 06 Aug 2021.
Ceased
Vimal Bhardwaj ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Avd Drives is an active private limited company based in Pune, Maharashtra, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 16 September 2016 (10+ years old) and is registered under CIN U74999PN2016PTC166450.

Avd Drives has 2 current directors:

The latest financial statements of Avd 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 FY 2017 are in the company report.

The GSTIN of Avd Drives is 27AAOCA7881L1ZU, registered in Maharashtra.

The CIN (Corporate Identification Number) of Avd Drives is U74999PN2016PTC166450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avd Drives has 13 court cases on record: 13 filed against it. 1 is pending.

Avd Drives was incorporated on 16 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.

Amit Bhardwaj ceased to be Director on 30 Jul 2023. Ashok Kumar Bhardwaj was appointed as Director on 30 Jul 2023. Vimal Bhardwaj ceased to be Director on 18 Feb 2019. Avd Drives has 6 board changes on record in total.

Yes, Avd Drives is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0491506).

Avd Drives can be reached through the website avddrives.in. Its registered office is in Pune, Maharashtra, India.