MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0341072
Deepak Drives Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.76 Cr
▲ 46% YoY
Net profit · FY 2024
₹51.76 Lakh
Net margin 18.8%
EBITDA · FY 2024
₹73.39 Lakh
EBITDA margin 26.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
27 yrs
Est. 1999
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Deepak Drives Private Limited
Data last updated:
Deepak Drives Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 18 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN1999PTC014090. Its GSTIN is 27AABCD7647J1ZC (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Janaki Deepak Amrite and Abhijit Vijay Bhawe.
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 Survey No. 37/3 Samruddhi Ajinkyatara Industrial Wadgaon Khurd Sinhagad Road, Pune, Maharashtra, India – 411011.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.76 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹51.76 Lakh (net margin 18.8%) and EBITDA of ₹73.39 Lakh (EBITDA margin 26.6%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 19% over five years.
The company is associated with 1 brand: Deepak Drives.
Deepak Drives Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0341072). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deepakdrives.com.
Company Details of Deepak Drives Private Limited
CIN U31909PN1999PTC014090
Registration Number 014090
Incorporation Date 18 October 1999
ROC Pune
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-26-0341072
Key People
Janaki Deepak Amrite Director Abhijit Vijay Bhawe Director Shriprasad Mahadeo Raut Director Recognitions & Rankings of Deepak Drives
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey No. 37/3 Samruddhi Ajinkyatara Industrial Wadgaon Khurd Sinhagad Road, Pune, Maharashtra, India – 411011
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
Comprehensive company report
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Associated Brands with Deepak Drives Private Limited
Deepak Drives operates one associated brand: Deepak Drives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of mechanical variable speed drives and custom engineering solutions in India. | deepakdrives.com |
Business Activity of Deepak Drives Private Limited
The main business activity of Deepak Drives is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Deepak Drives Private Limited FY 2025 filings available
Deepak Drives Private Limited reported revenue of ₹2.76 Cr (up 46% YoY) for FY 2024.
Revenue · FY 2024
₹2.76 Cr ▲ 46%
Net profit · FY 2024
₹51.76 Lakh margin 18.8%
EBITDA · FY 2024
₹73.39 Lakh margin 26.6%
Compounded Annual Growth Rate (CAGR) of Deepak Drives Private Limited
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 37%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 83%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 46% growth in the latest year. EBITDA rose 78% 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 Deepak Drives 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 | ₹73.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.76 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 Deepak Drives Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.8% | •••• | •••• | •••• | •••• |
| 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 Deepak Drives 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 Deepak Drives Private Limited
Deepak Drives has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janaki Deepak Amrite | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Abhijit Vijay Bhawe | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Shriprasad Mahadeo Raut | Director | 04 Oct 2021 | 5 Years 0 Months | Current |
Peer Comparison of Deepak Drives Private Limited
Deepak Drives Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baroda Iron and Engineering Company Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Savli, Gujarat, India |
| Weldon Brushes and Heritage Artware Mfg Private Limited | ₹2.76 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Moradabad, Uttar Pradesh, India |
| Kyung Chang Caster India Private Limited | ₹2.76 Cr (FY 2022) | •••• | •••• | -20.0% | •••• | Devanahalli, Karnataka, India |
| Sree Industrial Flow Systems Private Limited | ₹2.76 Cr (FY 2024) | •••• | •••• | 215.0% | •••• | Hyderabad, Telangana, India |
| Marval Engineers and Appliances Private Limited | ₹2.76 Cr (FY 2021) | •••• | •••• | 583.0% | •••• | Pune, Maharashtra, India |
| Deepak Drives Private Limited this company | ₹2.76 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Pune, Maharashtra, India |
| Aandal Metal Products Private Limited | ₹2.76 Cr (FY 2019) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Vijaylaxmi Equipments Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Nashik, Maharashtra, India |
| Starsuper Automation Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Bhilwara, Rajasthan, India |
| Rotoflux Rotary Joints India Private Limited | ₹2.75 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Chennai, Tamil Nadu, India |
| Kesharwani Steel Private Limited | ₹2.75 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Deepak Drives by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Deepak Drives Private Limited
Deepak Drives Private Limited is audited by M R GHARE & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M R GHARE & 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 Deepak Drives Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Deepak Drives Private Limited
Deepak Drives Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Deepak Drives Private Limited
Employment history and EPFO contributions of people linked to Deepak Drives.
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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 Deepak Drives Private Limited
Deepak Drives Private Limited has 11 board changes on record since 1999: 7 appointments and 4 cessations. The latest: Asmita Nilesh Karandikar ceased to be Director on 24 Jan 2022.
AGM
Deepak Drives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Deepak Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Asmita Nilesh Karandikar ceased to be Director.
Ceased
Nilesh Jayant Karandikar ceased to be Director.
Appointed
Shriprasad Mahadeo Raut was appointed as Director.
Appointed
Abhijit Vijay Bhawe was appointed as Director.
Appointed
Janaki Deepak Amrite was appointed as Director.
Ceased
Deepak Govind Amrite ceased to be Managing Director.
Ceased
Shubhangi Deepak Amrite ceased to be Director.
Appointed
Asmita Nilesh Karandikar was appointed as Director.
Appointed
Nilesh Jayant Karandikar was appointed as Director.
Appointed
Deepak Govind Amrite was appointed as Managing Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Deepak Drives Private Limited
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MSME Payment Delays by Deepak Drives Private Limited
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Subsidiaries & Group Companies of Deepak Drives Private Limited
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GST Compliance of Deepak Drives Private Limited
Deepak Drives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD7647J1ZC | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Deepak Drives Private Limited
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Frequently Asked Questions about Deepak Drives Private Limited
Deepak Drives is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 18 October 1999 (27+ years old) and is registered under CIN U31909PN1999PTC014090.
Deepak Drives reported revenue of ₹2.76 Cr for FY 2024 (up 46% YoY).
Deepak Drives has 3 current directors:
- Janaki Deepak Amrite - Director
- Abhijit Vijay Bhawe - Director
- Shriprasad Mahadeo Raut - Director
Deepak Drives reported a net profit of ₹51.76 Lakh (net margin 18.8%) and EBITDA of ₹73.39 Lakh (EBITDA margin 26.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Deepak Drives is 37% over three years and 19% over five years. In the latest year (FY 2024) revenue rose 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Deepak Drives is 27AABCD7647J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Deepak Drives is U31909PN1999PTC014090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deepak Drives was incorporated on 18 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Deepak Drives by revenue are Baroda Iron and Engineering Company Private Limited, Weldon Brushes and Heritage Artware Mfg Private Limited, Kyung Chang Caster India Private Limited, Sree Industrial Flow Systems Private Limited, Marval Engineers and Appliances Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Asmita Nilesh Karandikar ceased to be Director on 24 Jan 2022. Nilesh Jayant Karandikar ceased to be Director on 24 Jan 2022. Shriprasad Mahadeo Raut was appointed as Director on 04 Oct 2021. Deepak Drives has 11 board changes on record in total.
Yes, Deepak Drives is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0341072).