About Downhole Tools Private Limited
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Downhole Tools Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29309HR2019PTC081325. Its GSTIN is 08AACCW4634P1ZR (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Wellcare Downhole Tools Private Limited. It is led by directors including Surender Yadav (Managing Director) and Paramjeet Yadav.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at SCO No. T10 Second Floor Sector – 1 Imt Manesar, Gurgaon, Haryana, India – 122050.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.42 Cr, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹21.95 Lakh (net margin 4%) and EBITDA of ₹1.33 Cr (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 553% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹1.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diggerdownholetools.com.
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- Website
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- Registered AddressSCO No. T10 Second Floor Sector – 1 Imt Manesar, Gurgaon, Haryana, India – 122050
- IndustryMachinery and Equipment, Process Machinery & Industrial 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
- One PDF report, delivered after checkout
Financials of Downhole Tools Private Limited FY 2024 filings available
Downhole Tools Private Limited reported revenue of ₹5.42 Cr (up 108% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Downhole Tools Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 553% over three years, including 108% growth in the latest year. EBITDA rose 246% 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 Downhole Tools Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹5.42 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.33 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.95 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 Downhole Tools Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 24.5% | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• |
| 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 Downhole Tools are in the company report.
Financial statements from FY 2020
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.
Auditor Details of Downhole Tools Private Limited
Downhole Tools Private Limited is audited by S K AGARWAL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K AGARWAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Downhole Tools Private Limited
Downhole Tools has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paramjeet Yadav | Director | 25 Jun 2020 | 6 Years 3 Months | Current |
| Yogesh Yadav | Director | 16 Aug 2022 | 4 Years 1 Months | Current |
| Satish Kumar | Director | 05 Jul 2019 | 7 Years 3 Months | Current |
| Surender Yadav | Managing Director | 05 Jul 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Downhole Tools 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 Downhole Tools Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2022 | Hdfc Bank Limited | ₹75 Lakh | Open |
| 18 Oct 2022 | Others | ₹1.5 Cr | Satisfied |
| 17 Nov 2020 | Hdfc Bank Limited | ₹5.13 Lakh | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays by Downhole Tools Private Limited
Downhole Tools Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 278 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Om Stationery Trading Co. | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Sukhmani Gases India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Samridhi Staffing and Manpower Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Downhole Tools Private Limited
Downhole Tools Private Limited has a workforce of 16 employees as of Apr 08, 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 Downhole Tools Private Limited
Downhole Tools Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Yogesh Yadav was appointed as Director on 16 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts for Downhole Tools 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.
Subsidiaries & Group Companies of Downhole Tools 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 Downhole Tools Private Limited
Downhole Tools has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCW4634P1ZR | Rajasthan | Active | 08 Jan 2020 |
| 08AACCW4634P1D0 | Rajasthan | Active | 14 Nov 2024 |
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 Downhole Tools 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 Downhole Tools Private Limited
Downhole Tools is an active private limited company based in Gurgaon, Haryana, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 July 2019 (7+ years old) and is registered under CIN U29309HR2019PTC081325.
Downhole Tools reported revenue of ₹5.42 Cr for FY 2023 (up 108% YoY).
Downhole Tools has 4 current directors:
- Surender Yadav - Managing Director
- Paramjeet Yadav - Director
- Yogesh Yadav - Director
- Satish Kumar - Director
Downhole Tools reported a net profit of ₹21.95 Lakh (net margin 4%) and EBITDA of ₹1.33 Cr (EBITDA margin 24.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Downhole Tools is 553% over three years. In the latest year (FY 2023) revenue rose 108%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Downhole Tools is 08AACCW4634P1ZR, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AACCW4634P1D0 (Rajasthan).
The CIN (Corporate Identification Number) of Downhole Tools is U29309HR2019PTC081325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Downhole Tools was incorporated on 05 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Yogesh Yadav was appointed as Director on 16 Aug 2022. Paramjeet Yadav was appointed as Director on 25 Jun 2020. Satish Kumar was appointed as Director on 05 Jul 2019. Downhole Tools has 4 board changes on record in total.
Downhole Tools has 5 MSME Form 1 returns on record between 2023 and 2024, listing 278 overdue payments to 28 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Downhole Tools can be reached through the website diggerdownholetools.com. Its registered office is in Gurgaon, Haryana, India.