About Draeger India Private Limited
Data last updated:
Draeger India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Draegerwerk Ag & Co. Kgaa. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 14 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51507MH2004FTC143991. Its GSTIN is 27AACCD3263D1Z0 (Maharashtra). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹26.04 Cr. It was formerly known as Draeger Medical (India) Private Limited. It is led by directors including Shalin Patel (Managing Director) and Andrew Peter Hawke.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10th Floor Commerz 2 International Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹553.12 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹25.85 Cr (net margin 4.7%) and EBITDA of ₹41.94 Cr (EBITDA margin 7.6%).
The company has about 263 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dräger. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹10 Cr on record. Court records list 60 cases involving the company, including 50 filed by the company and 10 filed against it; 24 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹48.05 Cr; the latest was in November 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website draeger.com.
Company details
CIN history
Draeger India has one previous CIN (Corporate Identification Number): U51507MH2004PTC143991. The current CIN is U51507MH2004FTC143991, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51507MH2004FTC143991 | Current |
| U51507MH2004PTC143991 | Previous |
Contact details
Draeger India Private Limited's registered office is in Mumbai, Maharashtra. Its website is draeger.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10th Floor Commerz 2 International Business Park Oberoi Garden City Opp Western Express H, Ighway, Mumbai, Maharashtra, India – 400063
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Draeger India 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
Draeger India operates one associated brand: Dräger. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Safety and medical equipment solutions are provided internationally. | draeger.com |
Business activity
The main business activity of Draeger India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Draeger India Private Limited, buy the company report.
Financials of Draeger India Private Limited
FY 2025 filings availableDraeger India Private Limited reported revenue of ₹553.12 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year. EBITDA rose 8% in the latest 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 |
|---|---|---|---|---|---|
| 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 | ₹41.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.85 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Draeger India Private Limited, buy the company report.
Board of directors of Draeger India Private Limited
Draeger India has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andrew Peter Hawke Also directs: Draeger Safety India Private Limited | Director | 11 Dec 2023 | 2 Years 10 Months | Current |
| Shalin Patel Also directs: Draeger Safety India Private Limited | Managing Director | 16 Dec 2022 | 3 Years 10 Months | Current |
| Dipesh Navin Vora Also directs: Draeger Safety India Private Limited | Additional Director | 24 Sep 2025 | 1 Years 1 Months | Current |
| Thomas Jakob Also directs: Draeger Safety India Private Limited | Director | 18 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Draeger India Private Limited is audited by PR ICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PR ICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | FY 2021 | 012754N/N500016 |
Shareholding
The shareholding of Draeger India 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Draeger India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2015 | 10577455 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 17 Mar 2012 | 10352662 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Draeger India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Draeger India Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹48.05 Cr; the latest was in November 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Funding round | ₹21.4 Cr | Investors: Drager Medical AG & Co. KG |
| Mar 2016 | Funding round | ₹13.15 Cr | Investors: Drager Medical AG & Co. KG |
| Apr 2010 | Funding round | ₹4 Cr | Investors: Drager Medical AG & Co. KG |
| Jun 2008 | Funding round | ₹9.5 Cr | Investors: Drager Medical AG & Co. KG |
| Oct 2005 | Secondary share transfer | Undisclosed | Buyer: Drager Medical AG & Co. KG & Shwetha Bharti, Drager Medical AG & Co. KG Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Draeger India Private Limited has 60 court cases on record: 50 filed by Draeger India, 10 filed against it. 24 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 3 | 14 |
| High courts | 15 | 6 | 4 |
| NCLAT | 7 | 1 | 6 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Bafna Hospital & Orthopaedic Research Centre Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Bafna Hospital & Orthopaedic Research Centre Pvt Ltd | Pending |
| District court, Cachar, Assam | Civil suit | Filed against the company by Jeevan Jyoti Health Care and Research Centre Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Decent Medical Equipments Systems Pvt Ltd. and Ors and 7 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Vivekanand Medical Mission Limited | Pending |
To see the full case history of Draeger India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Draeger India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Draeger India Private Limited has a workforce of 263 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Draeger India has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD3263D1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCD3263D2ZZ | Maharashtra | Active | 17 Jul 2024 |
| 09AACCD3263D2ZX | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AACCD3263D1ZX | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Draeger India Private Limited, buy the company report.
Recent activity
Draeger India Private Limited has 19 board changes on record since 2007: 4 appointments and 15 cessations. The latest: Dipesh Navin Vora was appointed as Additional Director on 24 Sep 2025.
14 earlier events are in the company report.
News
Frequently asked questions
Draeger India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 14 January 2004 (22+ years old) and is registered under CIN U51507MH2004FTC143991.
Draeger India has 4 current directors:
- Shalin Patel - Managing Director
- Andrew Peter Hawke - Director
- Dipesh Navin Vora - Additional Director
- Thomas Jakob - Director
The latest financial statements of Draeger India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Draeger India is 27AACCD3263D1Z0, registered in Maharashtra. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 27AACCD3263D2ZZ (Maharashtra), 09AACCD3263D2ZX (Uttar Pradesh), 19AACCD3263D1ZX (West Bengal).
The CIN (Corporate Identification Number) of Draeger India is U51507MH2004FTC143991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Draeger India has 60 court cases on record: 50 filed by the company and 10 filed against it. 24 are pending. Most are in the district courts.
Draeger India was incorporated on 14 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Draeger India has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹48.05 Cr; the latest was in November 2018.
Dipesh Navin Vora was appointed as Additional Director on 24 Sep 2025. Thomas Jakob ceased to be Additional Director on 22 Sep 2025. Padmakar Pravin Degwekar ceased to be Company Secretary on 30 Jul 2025. Draeger India has 19 board changes on record in total.
Draeger India can be reached through the website draeger.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
