MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0034701
Cleardrop Engineering Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.8 Cr
▼ 3% YoY
Net profit · FY 2024
₹10.44 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹17.48 Lakh
EBITDA margin 4.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹1.91 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
4
As per MCA filings
About Cleardrop Engineering Private Limited
Data last updated:
Cleardrop Engineering Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 08 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U41000MH2015PTC260751. Its GSTIN is 27AAFCC9353A1ZT (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Ajit Sadanand Mahajan and Sharad Vasudeo Kand.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 115 11th Floor Santwani Shantivan C Lic Colony Boriwali (W) Mumbai 400 103, Maharashtra, India – 400103.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.8 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹10.44 Lakh (net margin 2.7%) and EBITDA of ₹17.48 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company is associated with 1 brand: Cleardrop Engineering. As per MCA filings, the company has open charges of ₹1.91 Cr on record.
Cleardrop Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0034701). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cleardropengineering.com.
Company Details of Cleardrop Engineering Private Limited
CIN U41000MH2015PTC260751
Registration Number 260751
Incorporation Date 08 January 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0034701
Key People
Ajit Sadanand Mahajan Director Sharad Vasudeo Kand Director Mejo Johny Vettiyattil Director Recognitions & Rankings of Cleardrop Engineering
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No. 115 11th Floor Santwani Shantivan C Lic Colony Boriwali (W) Mumbai 400 103, Maharashtra, India – 400103
- IndustryEnvironment, Water Treatment
Comprehensive company report
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Associated Brands with Cleardrop Engineering Private Limited
Cleardrop Engineering operates one associated brand: Cleardrop Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Water and wastewater treatment equipment design, manufacturing, and services in India. | cleardropengineering.com |
Business Activity of Cleardrop Engineering Private Limited
The main business activity of Cleardrop Engineering is water supply; sewerage, waste management and remediation activities. In detail, this covers waste collection, treatment and disposal activities; materials recovery.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 38 | Waste collection, treatment and disposal activities; materials recovery | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Cleardrop Engineering Private Limited FY 2025 filings available
Cleardrop Engineering Private Limited reported revenue of ₹3.8 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹3.8 Cr ▼ 3%
Net profit · FY 2024
₹10.44 Lakh margin 2.7%
EBITDA · FY 2024
₹17.48 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR) of Cleardrop Engineering Private Limited
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 18%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 47%
5 years · compounded
▲ 14%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Cleardrop Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.44 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cleardrop Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cleardrop Engineering are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Cleardrop Engineering Private Limited
Cleardrop Engineering has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Sadanand Mahajan | Director | 09 Jan 2017 | 9 Years 9 Months | Current |
| Sharad Vasudeo Kand | Director | 20 Feb 2015 | 11 Years 8 Months | Current |
| Mejo Johny Vettiyattil | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Johny Verghese Vettiyattil | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
Peer Comparison of Cleardrop Engineering Private Limited
Cleardrop Engineering Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accord Hydroair (Pilkhuwa) Private Limited | ₹3.87 Cr (FY 2020) | •••• | •••• | -3.0% | •••• | Pilkhuwa, Uttar Pradesh, India |
| L N Tech Enviro Services Private Limited | ₹3.85 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Gradiant Kurnool Etp Private Limited | ₹3.84 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Shripad Ecosys Private Limited | ₹3.8 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Pune, Maharashtra, India |
| Revos Aqua Systems Private Limited | ₹3.8 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Cleardrop Engineering Private Limited this company | ₹3.8 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| TBF Environmental Solutions Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Scientific Precision Private Limited | ₹3.76 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Mumbai, Maharashtra, India |
| PPM Envirotech Utility Private Limited | ₹3.76 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Kendrapara, Odisha, India |
| Eco Guard Technologies Private Limited | ₹3.73 Cr (FY 2024) | •••• | •••• | 124.0% | •••• | Delhi, India |
| Petrichor Emerging Technologies India Private Limited | ₹3.73 Cr (FY 2017) | •••• | •••• | 284.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Cleardrop Engineering by revenue in the Cleantech industry (Water and Wastewater Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cleardrop Engineering Private Limited
Cleardrop Engineering Private Limited is audited by REX MARUTHOOR & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| REX MARUTHOOR & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Cleardrop Engineering Private Limited
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Charges & Borrowings of Cleardrop Engineering Private Limited
Open charges
₹1.91 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2023 | The South Indian Bank Limited | ₹6.1 Lakh | Open |
| 04 Oct 2022 | The South Indian Bank Limited | ₹2.03 Lakh | Open |
| 31 Dec 2021 | The South Indian Bank Limited | ₹7.43 Lakh | Open |
| 29 Mar 2017 | The South Indian Bank Limited | ₹1.75 Cr | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Cleardrop Engineering Private Limited
Employment history and EPFO contributions of people linked to Cleardrop Engineering.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Cleardrop Engineering Private Limited
Cleardrop Engineering Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Ajit Sadanand Mahajan was appointed as Director on 09 Jan 2017.
AGM
Cleardrop Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cleardrop Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with The South Indian Bank Limited of Rs. 175.00 Lakh registered on 29 Mar 2017 with Charge ID 100093218 was modified on 06 Nov 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 6.10 Lakh with Charge ID 100685689 was registered on 27 Feb 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 2.03 Lakh with Charge ID 100622394 was registered on 04 Oct 2022.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 7.43 Lakh with Charge ID 100526886 was registered on 31 Dec 2021.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 175.00 Lakh with Charge ID 100093218 was registered on 29 Mar 2017.
Appointed
Ajit Sadanand Mahajan was appointed as Director.
Appointed
Sharad Vasudeo Kand was appointed as Director.
Appointed
Johny Verghese Vettiyattil was appointed as Director.
Appointed
Mejo Johny Vettiyattil was appointed as Director.
Incorporation
08 Jan 2015
Cleardrop Engineering Private Limited was registered on 08 Jan 2015 with Roc Mumbai & aged 11 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Cleardrop Engineering Private Limited
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MSME Payment Delays by Cleardrop Engineering Private Limited
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Subsidiaries & Group Companies of Cleardrop Engineering Private Limited
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GST Compliance of Cleardrop Engineering Private Limited
Cleardrop Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC9353A1ZT | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Cleardrop Engineering Private Limited
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Frequently Asked Questions about Cleardrop Engineering Private Limited
Cleardrop Engineering is an active private limited company based in Mumbai, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 08 January 2015 (11+ years old) and is registered under CIN U41000MH2015PTC260751.
Cleardrop Engineering reported revenue of ₹3.8 Cr for FY 2024 (down 3% YoY).
Cleardrop Engineering has 4 current directors:
- Ajit Sadanand Mahajan - Director
- Sharad Vasudeo Kand - Director
- Mejo Johny Vettiyattil - Director
- Johny Verghese Vettiyattil - Director
Cleardrop Engineering reported a net profit of ₹10.44 Lakh (net margin 2.7%) and EBITDA of ₹17.48 Lakh (EBITDA margin 4.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cleardrop Engineering is -18% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cleardrop Engineering is 27AAFCC9353A1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cleardrop Engineering is U41000MH2015PTC260751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cleardrop Engineering was incorporated on 08 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cleardrop Engineering by revenue are Accord Hydroair (Pilkhuwa) Private Limited, L N Tech Enviro Services Private Limited, Gradiant Kurnool Etp Private Limited, Shripad Ecosys Private Limited, Revos Aqua Systems Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Ajit Sadanand Mahajan was appointed as Director on 09 Jan 2017. Sharad Vasudeo Kand was appointed as Director on 20 Feb 2015. Johny Verghese Vettiyattil was appointed as Director on 08 Jan 2015. Cleardrop Engineering has 4 board changes on record in total.
Yes, Cleardrop Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0034701).