- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0006717

About Dol Motors Private Limited
Data last updated:
Dol Motors Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31100MH2004PTC149284. Its GSTIN is 27AACCD0692E1ZV (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Suresh Dattatraya Dol (Managing Director) and Vijay Vaman Paranjape.
Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at R – 958 Trans Thane Creek MIDC Rabale, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹213.93 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.65 Cr (net margin 1.7%) and EBITDA of ₹8.87 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dol Group. As per MCA filings, the company has open charges of ₹22.6 Cr and satisfied charges of ₹44.55 Cr on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in September 2023. Its 6 peer companies in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is TBK India Private Limited with revenue of ₹259.76 Cr.
Dol Motors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0006717). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dolgroup.in.
Company details
Recognitions & Rankings of Dol Motors
Contact details
Dol Motors Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is dolgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressR – 958 Trans Thane Creek MIDC Rabale, Navi Mumbai, Maharashtra, India – 400701
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Dol Motors Private Limited, buy the company report.
- 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
Brands
Dol Motors operates one associated brand: Dol Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of rotating machines and provision of related services. | dolgroup.in |
Business activity
The main business activity of Dol Motors is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Dol Motors Private Limited, buy the company report.
Financials of Dol Motors Private Limited
FY 2025 filings availableDol Motors Private Limited reported revenue of ₹213.93 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 12% growth in the latest year. EBITDA rose 15% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.87 Cr | ||||
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| Net Profit (PAT) | ₹3.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Dol Motors Private Limited, buy the company report.
Board of directors of Dol Motors Private Limited
Dol Motors has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Vaman Paranjape Also directs: Vittayantra Advisory LLP, Skillsio LLP | Director | 11 Nov 2011 | 14 Years 11 Months | Current |
| Suresh Dattatraya Dol | Managing Director | 27 Oct 2004 | 22 Years 0 Months | Current |
| Swapnil Suresh Dol Also directs: Dol Mobility Private Limited, Dol Electric Company Pvt Ltd, Jyotsna Dol Charitable Foundation and 1 more | Director | 01 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Dol Motors Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TBK India Private Limited | ₹259.76 Cr (FY 2025) | 24.0% | Pune, Maharashtra, India | |||
| Aryan Pumps & Enviro Solutions Private Limited | ₹258.16 Cr (FY 2024) | 3.0% | Pune, Maharashtra, India | |||
| Putzmeister India Private Limited | ₹244.44 Cr (FY 2025) | 5.0% | Goa, India | |||
| Indian Compressors Limited | ₹244.39 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Dol Motors Private Limitedthis company | ₹213.93 Cr (FY 2025) | ₹3.65 Cr | 1.7% | 12.0% | 159 | Navi Mumbai, Maharashtra, India |
| Aqua Machineries Private Limited | ₹201.57 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Span Pumps Pvt Ltd | ₹196.16 Cr (FY 2025) | 80.0% | Pune, Maharashtra, India |
To see the full peer comparison of Dol Motors Private Limited, buy the company report.
Auditor
Dol Motors Private Limited is audited by Mehendale Sudhir Laxman for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehendale Sudhir Laxman | FY 2023 |
Shareholding
The shareholding of Dol Motors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dol Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2025 | 101076830 | Tjsb Sahakari Bank Limited | ₹2 Cr | Open | |
| 05 Apr 2025 | 101076972 | Tjsb Sahakari Bank Limited | ₹3 Cr | Open | |
| 05 Apr 2025 | 101077270 | Tjsb Sahakari Bank Limited | ₹5 Cr | Open | |
| 30 Nov 2023 | 100832070 | Others | ₹4.7 Cr | Open | |
| 26 Mar 2021 | 100428968 | Sidbi | ₹1 Cr | Open |
To see the full charge records of Dol Motors Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Dol Motors Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in September 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2020 | Rights issue | ₹10 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Dol Motors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dol Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dol Motors has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Dol Motors Private Limited has a workforce of 159 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Dol Motors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD0692E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dol Motors Private Limited, buy the company report.
Recent activity
Dol Motors Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Vijay Vaman Paranjape was appointed as Director on 11 Nov 2011.
66 earlier events are in the company report.
Frequently asked questions
Dol Motors is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 October 2004 (22+ years old) and is registered under CIN U31100MH2004PTC149284.
Dol Motors has 3 current directors:
- Suresh Dattatraya Dol - Managing Director
- Vijay Vaman Paranjape - Director
- Swapnil Suresh Dol - Director
The latest financial statements of Dol Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dol Motors is 27AACCD0692E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dol Motors is U31100MH2004PTC149284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dol Motors was incorporated on 27 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Dol Motors has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in September 2023.
The peers of Dol Motors by revenue are TBK India Private Limited, Aryan Pumps & Enviro Solutions Private Limited, Putzmeister India Private Limited, Indian Compressors Limited, Aqua Machineries Private Limited and 1 more, all in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Vijay Vaman Paranjape was appointed as Director on 11 Nov 2011. Jyostna Suresh Dol ceased to be Director on 01 Feb 2010. Swapnil Suresh Dol was appointed as Director on 01 Feb 2010. Dol Motors has 4 board changes on record in total.
Yes, Dol Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0006717).
Dol Motors can be reached through the website dolgroup.in. Its registered office is in Navi Mumbai, Maharashtra, India.

