Dharsan Elevators Private Limited
About Dharsan Elevators Private Limited
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Dharsan Elevators Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 15 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31906TZ2018PTC030601.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Poongavanam Dharmapunnian (Managing Director) and Dharma Punnian Vasanthi.
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 5A/1 Balaji Layout Rajiv Gandhi Salai Subbammal Nagar Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.75 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹81,628 (net margin 0.5%) and EBITDA of ₹5.34 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹49 Lakh on record.
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- Registered Address5A/1 Balaji Layout Rajiv Gandhi Salai Subbammal Nagar Ganapathy, Coimbatore, Tamil Nadu, India – 641006
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Dharsan Elevators Private Limited
The main business activity of Dharsan Elevators is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dharsan Elevators Private Limited FY 2025 filings available
Dharsan Elevators Private Limited reported revenue of ₹1.75 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Dharsan Elevators Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 18% growth in the latest year. EBITDA rose 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 Dharsan Elevators 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 | ₹5.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹81,628 | •••• | •••• | •••• | •••• |
| 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 Dharsan Elevators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Dharsan Elevators are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dharsan Elevators Private Limited
Dharsan Elevators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Static Engineering Equipments Private Limited | ₹1.77 Cr (FY 2024) | •••• | •••• | 782.0% | •••• | Badalapur, Maharashtra, India |
| Jagannath Craneways Private Limited | ₹1.76 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| A G Standard Elevator Private Limited | ₹1.76 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Jaipur, Rajasthan, India |
| Bluepacific Elevators Private Limited | ₹1.76 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Surat City, Gujarat, India |
| Reyna Lifting Equipments India Private Limited | ₹1.76 Cr (FY 2025) | •••• | •••• | 318.0% | •••• | Pudukottai, Tamil Nadu, India |
| Dharsan Elevators Private Limited this company | ₹1.75 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Coimbatore, Tamil Nadu, India |
| Adcon Technologies Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Axo Elevators Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Heft Industries Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | •••• | Daskroi, Gujarat, India | |
| R K Elevators Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Bhilwara, Rajasthan, India |
| SVK Earthmovers Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Dharsan Elevators by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Dharsan Elevators Private Limited
Dharsan Elevators has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poongavanam Dharmapunnian | Managing Director | 15 Jun 2018 | 8 Years 3 Months | Current |
| Dharma Punnian Vasanthi | Director | 15 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Dharsan Elevators Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dharsan Elevators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2023 | Indian Overseas Bank | ₹49 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Dharsan Elevators Private Limited
Dharsan Elevators Private Limited has a workforce of 8 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dharsan Elevators Private Limited
Dharsan Elevators Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dharma Punnian Vasanthi was appointed as Director on 15 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for Dharsan Elevators Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dharsan Elevators Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dharsan Elevators Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dharsan Elevators Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dharsan Elevators Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dharsan Elevators Private Limited
Dharsan Elevators is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 15 June 2018 (8+ years old) and is registered under CIN U31906TZ2018PTC030601.
Dharsan Elevators reported revenue of ₹1.75 Cr for FY 2024 (up 18% YoY).
Dharsan Elevators has 2 current directors:
- Poongavanam Dharmapunnian - Managing Director
- Dharma Punnian Vasanthi - Director
Dharsan Elevators reported a net profit of ₹81,628 (net margin 0.5%) and EBITDA of ₹5.34 Lakh (EBITDA margin 3.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dharsan Elevators is 27% over three years and 21% over five years. In the latest year (FY 2024) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Dharsan Elevators is U31906TZ2018PTC030601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dharsan Elevators was incorporated on 15 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Dharsan Elevators by revenue are Static Engineering Equipments Private Limited, Jagannath Craneways Private Limited, A G Standard Elevator Private Limited, Bluepacific Elevators Private Limited, Reyna Lifting Equipments India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Dharma Punnian Vasanthi was appointed as Director on 15 Jun 2018. Poongavanam Dharmapunnian was appointed as Managing Director on 15 Jun 2018.
The registered office of Dharsan Elevators is at 5A1 Balaji Layout Rajiv Gandhi Salai Subbammal Nagar Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
Dharsan Elevators has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.