Primedrillrigs

Manufactures and exports drilling rigs for water wells and mining globally.

About Primedrillrigs

Primedrillrigs is an Energy & Utilities company. It manufactures and exports drilling rigs for water wells and mining globally. It operates on a B2B model. The company has 23 employees. Its Indian entity Prime Rigs Limited reported revenue of β‚Ή10.54 Cr. Primedrillrigs offers products and services including Water Well Drilling Rigs, Core Drilling Rig, Truck Mounted Rig, Soil Investigation Rig, and DTH Hammers. Its focus areas include Energy, Drilling Technology, Water Well Drilling and Hydraulic Rigs.

Company details

Prime Rigs Limited is a manufacturer based in Hyderabad, India, specializing in water well drill rigs, core drill rigs, and mining rigs. They use state-of-the-art CNC machines in their facilities to produce high-quality equipment that meets global standards. The company focuses on exports, serving customers in Africa and the Middle East through specialized designs and refurbished options.

  • Employees 23
  • Sectors
    Energy & Utilities
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website primedrillrigs.com
  • Legal Name Prime Rigs Limited
  • Date of Incorporation 01 May, 1995
  • Jurisdiction Delhi, India
Key Metrics
  • Indian entity revenue
    ₹10.54 Cr

    FY 2024 · -56% YoY

  • Indian entity net profit
    ₹1.8 Lakh

    FY 2024 · 0% margin

  • Indian entity EBITDA
    ₹23 Lakh

    FY 2024 · 2% margin

  • Employee Count
    23

Products & Services of Primedrillrigs

Primedrillrigs offers a comprehensive portfolio of products and services, including Water Well Drilling Rigs, Core Drilling Rig, Truck Mounted Rig, Soil Investigation Rig, and DTH Hammers.

Water Well Drilling Rigs
Drilling Equipment

Rigs for drilling water wells to access groundwater sources

Core Drilling Rig
Drilling Equipment

Equipment for soil investigation and core sampling tasks

Truck Mounted Rig
Mobile Drilling

Mobile rigs for versatile drilling operations on trucks

Soil Investigation Rig
Drilling Equipment

Rigs used for geological soil and core drilling activities

DTH Hammers
Drilling Accessories

Tools for down-the-hole hammering in drilling processes

Tractor Mounted Drilling Rig
Mobile Drilling

Rigs mounted on tractors for field-based drilling work

Portable Water Well Drilling Rigs
Portable Equipment

Compact rigs for mobile water well drilling applications

Auger Drilling Rig
Drilling Equipment

Rigs for auger-based earth drilling and excavation

Deep Hole Drilling Machine
Drilling Equipment

Machines designed for deep borehole drilling operations

Board of directors of Prime Rigs Limited (Primedrillrigs)

Prime Rigs Limited is the primary company behind Primedrillrigs. The board of Prime Rigs Limited currently have 6 directors; the longest-serving is Surinder Mehta, appointed in 1995. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Surinder Mehta
DIN 00010122
Director01 May 199531 yrs 5 moPrime Rigs Limited
Rohan Mehta
DIN 01510489
Director20 Jun 200719 yrs 4 moPrime Rigs Limited
Archna Mehta
DIN 00010468
Director26 Jul 20197 yrs 3 moPrime Rigs Limited
Abhijeet Prakash
DIN 08636524
Director23 Aug 20215 yrs 2 moPrime Rigs Limited
Venkatesh Babu Sundaragiri
DIN 09288932
Director23 Aug 20215 yrs 2 moPrime Rigs Limited
Anil Sethi
DIN 06379253
Additional Director01 Apr 20251 yr 6 moPrime Rigs Limited

Financials of Primedrillrigs

Figures of Prime Rigs Limited, the primary company behind Primedrillrigs, for FY 2024. Revenue was ₹10.54 Cr (-56% year on year). Net profit was ₹1.8 Lakh (0% margin). EBITDA was ₹23 Lakh (2% margin). Revenue has grown at a compounded annual rate of -10% over three years and +112% over five years.

  • ₹10.54 CrRevenue · FY 2024 · -56% YoY
  • ₹1.8 LakhNet profit · 0% margin
  • ₹23 LakhEBITDA · 2% margin
  • ₹47.3 LakhPaid-up capital
  • 23Employees (provident fund records)
  • -10%Revenue CAGR, 3 years
  • +112%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Prime Rigs Limited are on its company page.

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Web traffic of Primedrillrigs

The website of Primedrillrigs (primedrillrigs.com) receives about 2.3K visits a month.

  • Monthly visits
    2.3K

    ▼ 26.5% vs previous month

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Frequently Asked Questions about Primedrillrigs

Primedrillrigs has 23 employees.

The primary company behind Primedrillrigs, Prime Rigs Limited, reported revenue of β‚Ή10.54 Cr for FY 2024, down 56% year on year.

Prime Rigs Limited is a manufacturer based in Hyderabad, India, specializing in water well drill rigs, core drill rigs, and mining rigs. They use state-of-the-art CNC machines in their facilities to produce high-quality equipment that meets global standards. The company focuses on exports, serving customers in Africa and the Middle East through specialized designs and refurbished options.

Primedrillrigs offers Water Well Drilling Rigs, Core Drilling Rig, Truck Mounted Rig, Soil Investigation Rig, and 5 more products and services.

Primedrillrigs operates through Prime Rigs Limited.

The legal entities of Primedrillrigs currently have 6 directors, including Rohan Mehta, Archna Mehta, Abhijeet Prakash and others.

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