About Drillmec India
Drillmec India is an Industrial Goods & Manufacturing company founded in 2011. Drilling equipment manufacturing and engineering services in India. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 2 employees. Its Indian entity Drillmec India Private Limited reported revenue of ₹43.2 Lakh. Drillmec India offers products and services including Drilling Rigs and Engineering Services. Its focus areas include Energy, Oil and Gas, Drilling Equipment and Hydraulic Rigs.
Company details
Drillmec India is identified as a joint venture entity formed between Drillmec S.p.A of Italy and KMOC of India, focusing on the production and supply of drilling rigs and related equipment for energy sector applications. Various services, including engineering designs, training, and remote support, are offered to facilitate operations. Certifications such as API Q1 and ISO 9001 are maintained to ensure quality and safety standards. Locations in Mumbai and Kakinada support manufacturing and business activities, with a commitment to innovation in drilling technology. Overall, operations are conducted to meet industry demands effectively.
- Employees 2
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Email••••••••
- Website drillmecindia.com
- Social LinkedIn X YouTube
- Legal Name Drillmec India Pvt Ltd
- Date of Incorporation 14 Oct, 2011
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹43.2 Lakh
FY 2024 · -14% YoY
- Indian entity net loss-₹23.9 Lakh
FY 2024 · -55% margin
- Indian entity EBITDA-₹2 Lakh
FY 2024 · -5% margin
- Employee Count2
Associated legal entities of Drillmec India
Drillmec India operates through Drillmec India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Drillmec India Private Limited CIN U11100TG2011PTC076950 | Active | 14 Oct 2011 | Hyderabad, Telangana | ₹0.4 Cr | 2 | 2 | View details |
Products & Services of Drillmec India
Drillmec India offers a comprehensive portfolio of products and services, including Drilling Rigs and Engineering Services.
Drilling rigs are manufactured and supplied for onshore and offshore use, covering various types like hydraulic and mobile rigs
Engineering services are provided, including feasibility studies and real-time diagnostics to support drilling operations
Apps and channels of Drillmec India
its YouTube channel Drillmec has 2.96K subscribers and 30 videos.
Videos from Drillmec India
The most watched videos on Drillmec India's YouTube channel, Drillmec (2.96K subscribers). Click a video to play it here.
More on Drillmec.
Board of directors of Drillmec India Private Limited (Drillmec India)
Drillmec India Private Limited is the primary company behind Drillmec India. The board of Drillmec India Private Limited currently have 2 directors; the longest-serving is Joshua Krupanandam Kandula, appointed in 2011. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Joshua Krupanandam Kandula DIN 03636016 | Director | 14 Oct 2011 | 15 yrs | Drillmec India Private Limited |
| Thirunavukkarasu Devanadan DIN 09080102 | Director | 15 Mar 2021 | 5 yrs 7 mo | Drillmec India Private Limited |
Financials of Drillmec India
Figures of Drillmec India Private Limited, the primary company behind Drillmec India, for FY 2024. Revenue was ₹43.2 Lakh (-14% year on year). Net loss was -₹23.9 Lakh (-55% margin). EBITDA was -₹2 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +52% over three years and +11% over five years.
- ₹43.2 LakhRevenue · FY 2024 · -14% YoY
- -₹23.9 LakhNet loss · -55% margin
- -₹2 LakhEBITDA · -5% margin
- ₹2.67 CrPaid-up capital
- 2Employees (provident fund records)
- +52%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Drillmec India Private Limited are on its company page.
Detailed financial statements for Drillmec India
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- Financial ratios
- Five-year trends
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Frequently Asked Questions about Drillmec India
Drillmec India was founded in 2011.
Drillmec India has 2 employees.
The primary company behind Drillmec India, Drillmec India Private Limited, reported revenue of ₹43.2 Lakh for FY 2024, down 14% year on year.
Drillmec India is identified as a joint venture entity formed between Drillmec S.p.A of Italy and KMOC of India, focusing on the production and supply of drilling rigs and related equipment for energy sector applications. Various services, including engineering designs, training, and remote support, are offered to facilitate operations. Certifications such as API Q1 and ISO 9001 are maintained to ensure quality and safety standards. Locations in Mumbai and Kakinada support manufacturing and business activities, with a commitment to innovation in drilling technology. Overall, operations are conducted to meet industry demands effectively.
Drillmec India offers Drilling Rigs and Engineering Services.
Drillmec India operates through Drillmec India Private Limited.
The legal entities of Drillmec India currently have 2 directors, including Joshua Krupanandam Kandula, Thirunavukkarasu Devanadan.