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Dreamfly Innovations Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹86.33 Lakh
▲ 291% YoY
Net loss · FY 2025
₹1.94 Cr
Net margin -224.9%
EBITDA · FY 2025
-₹2.5 Cr
EBITDA margin -289.8%
Authorised capital
₹14.12 Lakh
Registered with MCA
Paid-up capital
₹6.02 Lakh
Issued & subscribed
Open charges
₹7 Cr
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
About Dreamfly Innovations Private Limited
Data last updated:
Dreamfly Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31905KA2023PTC170602. Its GSTIN is 29AAJCD8373P1ZN (Karnataka).
The company has an authorised share capital of ₹14.12 Lakh and a paid-up capital of ₹6.02 Lakh. It is led by directors Kajal Kireet Shah and Saurabh Satish Markandeya.
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 91 Springboard Business Hub P.Ltd Gopala Krishna Complex, No45/3 Residency Rd Mg Rd Bangalore – 560025 Karnataka India, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.33 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.94 Cr (net margin -224.9%) and EBITDA of -₹2.5 Cr (EBITDA margin -289.8%).
The company is associated with 1 brand: Dreamfly Innovations. As per MCA filings, the company has open charges of ₹7 Cr on record. The company has 6 deals on record (3 convertible or debt financings, 2 funding rounds, 1 debt financing), with disclosed funding of ₹19.93 Cr; the latest was in February 2026. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Swido Energy Solutions Private Limited with revenue of ₹93.74 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dfi-india.com.
Company details
CIN U31905KA2023PTC170602
Registration Number 170602
Incorporation Date 20 January 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Dreamfly Innovations
Contact details
Dreamfly Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is dfi-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address91 Springboard Business Hub P.Ltd Gopala Krishna Complex, No45/3 Residency Rd Mg Rd Bangalore – 560025 Karnataka India, Karnataka, India – 560025
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Dreamfly Innovations Private Limited, buy the company report.
Comprehensive company report
Dreamfly Innovations Private Limited - one report that includes everything
- 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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Brands
Dreamfly Innovations operates one associated brand: Dreamfly Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High power density batteries for drones are developed and manufactured. | dfi-india.com |
Business activity
The main business activity of Dreamfly Innovations 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 Dreamfly Innovations Private Limited, buy the company report.
Financials of Dreamfly Innovations Private Limited
FY 2025 filings availableDreamfly Innovations Private Limited reported revenue of ₹86.33 Lakh (up 291% YoY) for FY 2025.
Revenue · FY 2025
₹86.33 Lakh ▲ 291%
Net loss · FY 2025
₹1.94 Cr margin -224.9%
EBITDA · FY 2025
-₹2.5 Cr margin -289.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 291%
Revenue rose 291% 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 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹86.33 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.5 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.94 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -289.8% | ||
| Net Profit Margin | -224.9% | ||
| 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 Dreamfly Innovations Private Limited, buy the company report.
Board of directors of Dreamfly Innovations Private Limited
Dreamfly Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kajal Kireet Shah | Director | 20 Jan 2023 | 3 Years 9 Months | Current |
| Saurabh Satish Markandeya | Director | 20 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Dreamfly Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 |
|---|---|---|---|---|---|---|
| Swido Energy Solutions Private Limited | ₹93.74 Lakh (FY 2024) | 5269.0% | Greater Noida, Uttar Pradesh, India | |||
| Lumos Lighting Solution Private Limited | ₹93.16 Lakh (FY 2017) | 11.0% | Delhi, India | |||
| Spero Mobility and Energy Solutions Private Limited | ₹93.03 Lakh (FY 2020) | 17.0% | Coimbatore, Tamil Nadu, India | |||
| Maxlit Led Solutions Private Limited | ₹92.79 Lakh (FY 2024) | -46.0% | Navi Mumbai, Maharashtra, India | |||
| Dreamfly Innovations Private Limitedthis company | ₹86.33 Lakh (FY 2025) | -₹1.94 Cr | -224.9% | 291.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Dreamfly Innovations Private Limited, buy the company report.
Auditor
Dreamfly Innovations Private Limited is audited by MOHINDRA AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHINDRA AND ASSOCIATES | FY 2024 | 001406N |
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2026 | 101222381 | Sidbi | ₹3 Cr | Open | |
| 10 Dec 2025 | 101208814 | Others | ₹4 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Dreamfly Innovations Private Limited has 6 deals on record (3 convertible or debt financings, 2 funding rounds, 1 debt financing), with disclosed funding of ₹19.93 Cr; the latest was in February 2026.
Total deals
6
Convertible or debt financings
3
Funding rounds
2
Debt financing
1
Disclosed funding
₹19.93 Cr
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Debt financing | ₹3 Cr | Investors: SIDBI Ventures |
| Dec 2024 | Funding round | ₹11.98 Cr | Investors: Avaana Capital, SUNiCON Ventures, Pai Family Living Trust |
| Apr 2023 | Funding round | ₹1.6 Lakh | Investors: an individual |
To see the full deal history of Dreamfly Innovations Private Limited, buy the company report.
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 Dreamfly Innovations 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 Dreamfly Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dreamfly Innovations Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Dreamfly Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCD8373P1ZN | Karnataka | Active | 18 Apr 2023 |
To see the full GST registrations and return filing status of Dreamfly Innovations Private Limited, buy the company report.
Recent activity
Dreamfly Innovations Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Kajal Kireet Shah was appointed as Director on 20 Jan 2023.
Charges
A charge with Sidbi amounted to Rs. 300.00 Lakh with Charge ID 101222381 was registered on 16 Jan 2026.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101208814 was registered on 10 Dec 2025.
AGM
Dreamfly Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dreamfly Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Kajal Kireet Shah was appointed as Director.
Appointed
Saurabh Satish Markandeya was appointed as Director.
Incorporation
20 Jan 2023
Dreamfly Innovations Private Limited was registered on 20 Jan 2023 with Roc Bangalore & aged 3 years 9 months as per MCA records.
News
Frequently asked questions
Dreamfly Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 January 2023 (3+ years old) and is registered under CIN U31905KA2023PTC170602.
Dreamfly Innovations has 2 current directors:
- Kajal Kireet Shah - Director
- Saurabh Satish Markandeya - Director
The latest financial statements of Dreamfly Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Dreamfly Innovations is 29AAJCD8373P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Dreamfly Innovations is U31905KA2023PTC170602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dreamfly Innovations was incorporated on 20 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Dreamfly Innovations has 6 deals on record (3 convertible or debt financings, 2 funding rounds, 1 debt financing), with disclosed funding of ₹19.93 Cr; the latest was in February 2026.
The peers of Dreamfly Innovations by revenue are Swido Energy Solutions Private Limited, Lumos Lighting Solution Private Limited, Spero Mobility and Energy Solutions Private Limited, Maxlit Led Solutions Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kajal Kireet Shah was appointed as Director on 20 Jan 2023. Saurabh Satish Markandeya was appointed as Director on 20 Jan 2023.
Yes, Dreamfly Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Dreamfly Innovations can be reached through the website dfi-india.com. Its registered office is in Bangalore, Karnataka, India.