About Versa Drives
Versa Drives is an Industrial Goods & Manufacturing company based in Coimbatore (India) founded in 1989 by Sundar Muruganandhan. Custom motor control products and appliances are manufactured. The company has 148 employees. Its Indian entity Versa Drives Private Limited reported revenue of ₹58.65 Cr. Versa Drives offers products and services including Variable Frequency Drive, Solar Pump Drive, Electric Vehicle Drive, Electronic Speed Controller, and Fan Drive. Its focus areas include Industrial Goods and Manufacturing, Industrial Automation Equipment, Electrical Systems and Manufacturers.
Company details
Versa Drives was established in 1989 in Coimbatore, India, by Sundar Muruganandhan, who serves as founder and managing director. Custom-designed motor control products and appliances are produced for industrial applications. Operations are centered in the manufacturing sector, with a focus on engineering solutions. The company is headquartered in Coimbatore, serving regional and broader markets through tailored product development.
- Headquarters Coimbatore, India
- Employees 148
- Founders Sundar Muruganandhan
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website versadrives.com
- Social LinkedIn
- Legal Name Versa Drives Private Limited
- Date of Incorporation 18 Mar, 2010
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹58.65 Cr
FY 2025 · +5% YoY
- Net Profit₹83.3 Lakh
FY 2025 · 1% margin
- EBITDA₹4.68 Cr
FY 2025 · 8% margin
- Investors
- Employee Count148
Associated legal entities of Versa Drives
Versa Drives operates through Versa Drives Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Versa Drives Private Limited CIN U31200TZ2010PTC015906 | Active | 18 Mar 2010 | Coimbatore, Tamil Nadu | ₹58.6 Cr | 148 | 3 | View details |
Products & Services of Versa Drives
Versa Drives offers a comprehensive portfolio of products and services, including Variable Frequency Drive, Solar Pump Drive, Electric Vehicle Drive, Electronic Speed Controller, and Fan Drive.
Electronic device for adjusting AC motor speed and efficiency.
Drive system for solar-powered pump operations.
Controller for electric vehicle motor performance.
System for managing drone motor speeds.
Drive for efficient fan speed regulation.
Funding Insights of Versa Drives
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Versa Drives with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | Private Equity Round | – | Murata Manufacturing | – |
1 investors in total: 1 institutional.
Investors in Versa Drives
Versa Drives has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Murata Manufacturing.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Electronic components, modules, and devices are manufactured for various applications. | 1944 | murata.com | Kyoto, Japan |
Investor details for Versa Drives
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Board of directors of Versa Drives Private Limited (Versa Drives)
Versa Drives Private Limited is the primary company behind Versa Drives. The board of Versa Drives Private Limited currently have 3 directors; the longest-serving is Krishnamurthy Durgasharan, appointed in 2010. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishnamurthy Durgasharan DIN 02910020 | Director | 18 Mar 2010 | 16 yrs 7 mo | Versa Drives Private Limited |
| Sundararajan Muruganandhan DIN 02969807 | Managing Director | 18 Mar 2010 | 16 yrs 7 mo | Versa Drives Private Limited |
| Maheswari Krishnasamy DIN 10173693 | Director | 01 Jun 2023 | 3 yrs 4 mo | Versa Drives Private Limited |
People of Versa Drives
1 people are tracked at Versa Drives (1 in leadership); the tracked headcount is 148.
| Name | Role | Group |
|---|---|---|
Sundar Muruganandhan | Founder & Managing Director | Leadership |
Complete people profiles for Versa Drives
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Versa Drives
Figures of Versa Drives Private Limited, the primary company behind Versa Drives, for FY 2025. Revenue was ₹58.65 Cr (+5% year on year). Net profit was ₹83.3 Lakh (1% margin). EBITDA was ₹4.68 Cr (8% margin). Revenue has grown at a compounded annual rate of +15% over three years and +10% over five years.
- ₹58.65 CrRevenue · FY 2025 · +5% YoY
- ₹83.3 LakhNet profit · 1% margin
- ₹4.68 CrEBITDA · 8% margin
- ₹2.95 CrPaid-up capital
- 148Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Versa Drives Private Limited are on its company page.
Detailed financial statements for Versa Drives
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Versa Drives
2 dated milestones of Versa Drives across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Versa Drives is founded.
- Funding First funding round.
Web traffic of Versa Drives
The website of Versa Drives (versadrives.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 15.6% vs previous month
Top companies in Industrial Automation & Robotics
2 companies that operate in the same segment as Versa Drives (Industrial Automation & Robotics) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of Industrial and Consumer Electric Equipment | 1937 | Mumbai, Maharashtra, India | USD 1.32 B | 4,840 | ||
Electrical equipment for domestic and industrial applications is manufactured. | 1983 | Noida, Uttar Pradesh, India | USD 2.4 B | 36,380 |
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Related news about Versa Drives
Complete news archive for Versa Drives
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Frequently Asked Questions about Versa Drives
Versa Drives was founded in 1989 and raised its 1st funding round 30 years after it was founded.
Versa Drives is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Versa Drives has 148 employees.
The primary company behind Versa Drives, Versa Drives Private Limited, reported revenue of ₹58.65 Cr for FY 2025, up 5% year on year.
Versa Drives was established in 1989 in Coimbatore, India, by Sundar Muruganandhan, who serves as founder and managing director. Custom-designed motor control products and appliances are produced for industrial applications. Operations are centered in the manufacturing sector, with a focus on engineering solutions. The company is headquartered in Coimbatore, serving regional and broader markets through tailored product development.
Versa Drives offers Variable Frequency Drive, Solar Pump Drive, Electric Vehicle Drive, Electronic Speed Controller, and Fan Drive.
Versa Drives has 1 investor. Key investors include Murata Manufacturing.
Versa Drives operates through Versa Drives Private Limited.
The legal entities of Versa Drives currently have 3 directors, including Krishnamurthy Durgasharan, Sundararajan Muruganandhan, Maheswari Krishnasamy.