About NextDrop
NextDrop was an Energy & Utilities company based in Bengaluru (India) founded in 2011. It delivers urban water distribution and management services for efficient community access. It operates on a B2B model. Its Indian entity Nextdrop Smart Water Systems Private Limited reported revenue of ₹13.3 Lakh. The company is recorded as dissolved. Its focus areas include Utilities, Water Management, Distribution Services and Urban Infrastructure.
Company details
NextDrop, based in Bengaluru, focuses on utilities, managing water resources, offering distribution services, and urban infrastructure. Delivers urban water distribution and management services for efficient community access. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- SectorsEnergy & Utilities
- Website ww25.nextdrop.co/?subid1=20250325-1901-1862-bac6-999ed912020c
- Legal Name Nextdrop Smart Water Systems Private Limited
- Date of Incorporation 10 Jan, 2012
- Annual Revenue₹13.3 Lakh
FY 2021 · -14% YoY
- Net Loss-₹4.9 Lakh
FY 2021 · -37% margin
- EBITDA-₹4.6 Lakh
FY 2021 · -35% margin
Associated legal entities of NextDrop
NextDrop operates through Nextdrop Smart Water Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nextdrop Smart Water Systems Private Limited CIN U72900KA2012PTC062023 | Active | 10 Jan 2012 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Board of directors of Nextdrop Smart Water Systems Private Limited (NextDrop)
Nextdrop Smart Water Systems Private Limited is the primary company behind NextDrop. The board of Nextdrop Smart Water Systems Private Limited currently have 2 directors; the longest-serving is Anurag Megha Sridharan, appointed in 2012. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anurag Megha Sridharan DIN 03641715 | Director | 10 Jan 2012 | 14 yrs 9 mo | Nextdrop Smart Water Systems Private Limited |
| Devin Thomas Miller DIN 07322797 | Director | 25 Jan 2016 | 10 yrs 8 mo | Nextdrop Smart Water Systems Private Limited |
Financials of NextDrop
Figures of Nextdrop Smart Water Systems Private Limited, the primary company behind NextDrop, for FY 2021. Revenue was ₹13.3 Lakh (-14% year on year). Net loss was -₹4.9 Lakh (-37% margin). EBITDA was -₹4.6 Lakh (-35% margin). Revenue has grown at a compounded annual rate of -25% over three years and -32% over five years.
- ₹13.3 LakhRevenue · FY 2021 · -14% YoY
- -₹4.9 LakhNet loss · -37% margin
- -₹4.6 LakhEBITDA · -35% margin
- ₹1.03 CrPaid-up capital
- -25%Revenue CAGR, 3 years
- -32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nextdrop Smart Water Systems Private Limited are on its company page.
Detailed financial statements for NextDrop
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Frequently Asked Questions about NextDrop
NextDrop was founded in 2011.
NextDrop is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind NextDrop, Nextdrop Smart Water Systems Private Limited, reported revenue of ₹13.3 Lakh for FY 2021, down 14% year on year.
NextDrop, based in Bengaluru, focuses on utilities, managing water resources, offering distribution services, and urban infrastructure. Delivers urban water distribution and management services for efficient community access. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
NextDrop operates through Nextdrop Smart Water Systems Private Limited.
The legal entities of NextDrop currently have 2 directors, including Devin Thomas Miller, Anurag Megha Sridharan.