About GyroDrive Machineries
GyroDrive Machineries is a Technology company based in Pune (India) founded in 2019. It develops efficient magnet-free motors for EVs, appliances, and industrial uses. It operates on a B2B model in Technology and Energy & Utilities sectors. Its Indian entity Gyrodrive Machineries Private Limited reported revenue of ₹26.1 Lakh. GyroDrive Machineries offers products and services including SRM Motors, Drives, Medical Equipment, and IoT Development. Its focus areas include IoT Development, Internet of Things, Development Services and Healthcare.
Company details
Gyrodrive Machineries Private Limited designs and produces magnet-free SRM motors and controllers to address electric vehicle challenges. They focus on high efficiency, reliability, and sustainability, minimizing environmental impact through in-house development. Based in Pune, India, they serve clients like OEMs in sectors such as automotive, HVAC, and industrial applications, emphasizing cost-effective solutions and robust supply chains.
- Headquarters Pune, India
- SectorsTechnologyEnergy & Utilities
- Email••••••••
- Website gyroindia.com
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- Legal Name Gyrodrive Machineries Private Limited
- Date of Incorporation 04 Apr, 2018
- Jurisdiction Yavatmal, Maharashtra, India
- Annual Revenue₹26.1 Lakh
FY 2024 · +15% YoY
- Net Loss-₹27.4 Lakh
FY 2024 · -105% margin
- EBITDA-₹26.2 Lakh
FY 2024 · -100% margin
Associated legal entities of GyroDrive Machineries
GyroDrive Machineries operates through Gyrodrive Machineries 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 |
|---|---|---|---|---|---|---|---|
| Gyrodrive Machineries Private Limited CIN U74994MH2018PTC307537 | Active | 04 Apr 2018 | Yavatmal, Maharashtra | ₹0.3 Cr | 3 | View details |
Products & Services of GyroDrive Machineries
GyroDrive Machineries offers a comprehensive portfolio of products and services, including SRM Motors, Drives, Medical Equipment, and IoT Development.
Efficient motors for electric vehicles and industrial applications
Controllers that enhance motor performance and reliability
Devices powered by advanced motors for medical use
Services for developing IoT solutions in various sectors
Board of directors of Gyrodrive Machineries Private Limited (GyroDrive Machineries)
Gyrodrive Machineries Private Limited is the primary company behind GyroDrive Machineries. The board of Gyrodrive Machineries Private Limited currently have 3 directors; the longest-serving is Akash Suryakant Gaddamwar, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akash Suryakant Gaddamwar DIN 08102980 | Director | 04 Apr 2018 | 8 yrs 7 mo | Gyrodrive Machineries Private Limited |
| Eshan Dhar DIN 08102981 | Director | 04 Apr 2018 | 8 yrs 7 mo | Gyrodrive Machineries Private Limited |
| Niraj Mahendra Bora DIN 06684678 | Director | 11 Oct 2021 | 5 yrs 1 mo | Gyrodrive Machineries Private Limited |
Financials of GyroDrive Machineries
Figures of Gyrodrive Machineries Private Limited, the primary company behind GyroDrive Machineries, for FY 2024. Revenue was ₹26.1 Lakh (+15% year on year). Net loss was -₹27.4 Lakh (-105% margin). EBITDA was -₹26.2 Lakh (-100% margin). Revenue has grown at a compounded annual rate of +157% over three years and +30% over five years.
- ₹26.1 LakhRevenue · FY 2024 · +15% YoY
- -₹27.4 LakhNet loss · -105% margin
- -₹26.2 LakhEBITDA · -100% margin
- ₹1.1 LakhPaid-up capital
- +157%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gyrodrive Machineries Private Limited are on its company page.
Detailed financial statements for GyroDrive Machineries
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
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Top companies in Consumer Internet & IoT
3 companies that operate in the same segment as GyroDrive Machineries (Consumer Internet & IoT) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment in technology sectors focusing on semiconductors, AI, and IoT. | 2015 | Delhi, Delhi, India | USD 146.89 M | 165 | ||
Technology solutions provider focusing on electronics, mobiles, and smart devices in India. | 2009 | Hyderabad, Telangana, India | USD 73.47 M | 61 | ||
Provides IoT solutions for smart lighting, asset management, and telecom software services. | 2012 | Chennai, Tamil Nadu, India | USD 1.3 M | 58 |
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Frequently Asked Questions about GyroDrive Machineries
GyroDrive Machineries was founded in 2019.
GyroDrive Machineries is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind GyroDrive Machineries, Gyrodrive Machineries Private Limited, reported revenue of ₹26.1 Lakh for FY 2024, up 15% year on year.
Gyrodrive Machineries Private Limited designs and produces magnet-free SRM motors and controllers to address electric vehicle challenges. They focus on high efficiency, reliability, and sustainability, minimizing environmental impact through in-house development. Based in Pune, India, they serve clients like OEMs in sectors such as automotive, HVAC, and industrial applications, emphasizing cost-effective solutions and robust supply chains.
GyroDrive Machineries offers SRM Motors, Drives, Medical Equipment, and IoT Development.
GyroDrive Machineries operates through Gyrodrive Machineries Private Limited.
The legal entities of GyroDrive Machineries currently have 3 directors, including Akash Suryakant Gaddamwar, Eshan Dhar, Niraj Mahendra Bora.