MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0000952
Desiccant Rotors International Private Limited - machinery and equipment in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹256.61 Cr
▲ 3% YoY
Net profit · FY 2025
₹56.45 Cr
Net margin 22%
EBITDA · FY 2025
₹77.11 Cr
EBITDA margin 30%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹3.55 Lakh
Issued & subscribed
Open charges
₹18.45 Cr
Satisfied ₹12 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
227
Provident fund records
About Desiccant Rotors International Private Limited
Data last updated:
Desiccant Rotors International Private Limited is a private limited company based in Delhi, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 06 February 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1984PTC017497. Its GSTIN is 06AAACA0350N1ZY (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3.55 Lakh. It is led by directors including Varun Pahwa and Vinita Pahwa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 20 Rajpur Road, Civil Lines, Delhi, India – 110054.
As per the financials filed for FY 2025, the company reported a revenue of ₹256.61 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹56.45 Cr (net margin 22%) and EBITDA of ₹77.11 Cr (EBITDA margin 30%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 14% over five years.
The company has about 227 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DRI. As per MCA filings, the company has open charges of ₹18.45 Cr and satisfied charges of ₹12 Cr on record. Court records list 30 cases involving the company, including 28 filed by the company and 2 filed against it; 1 case is pending. The company has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in March 2019. Its 7 peer companies in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 3 smaller; the largest is Kruger Ventilation Industries (India) Private Limited with revenue of ₹303.12 Cr. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 2,240 overdue payments to 58 micro and small suppliers.
Desiccant Rotors International Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0000952). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drirotors.com.
Company details
CIN U74899DL1984PTC017497
Registration Number 017497
Incorporation Date 06 February 1984
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-05-0000952
Recognitions & Rankings of Desiccant Rotors International
Contact details
Desiccant Rotors International Private Limited's registered office is in Delhi, Delhi. Its website is drirotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address20 Rajpur Road, Civil Lines, Delhi, India – 110054
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Desiccant Rotors International Private Limited, buy the company report.
Comprehensive company report
Desiccant Rotors International 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
Desiccant Rotors International operates one associated brand: DRI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Heating, ventilation, air-conditioning, and refrigeration solutions are provided. | drirotors.com |
Business activity
The main business activity of Desiccant Rotors International 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 Desiccant Rotors International Private Limited, buy the company report.
Financials of Desiccant Rotors International Private Limited
FY 2024 filings availableDesiccant Rotors International Private Limited reported revenue of ₹256.61 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹256.61 Cr ▲ 3%
Net profit · FY 2025
₹56.45 Cr margin 22%
EBITDA · FY 2025
₹77.11 Cr margin 30%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 16%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 15%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 3% growth in the latest year. EBITDA fell 21% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹77.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.45 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 30% | ||||
| Net Profit Margin | 22% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Desiccant Rotors International Private Limited, buy the company report.
Board of directors of Desiccant Rotors International Private Limited
Desiccant Rotors International has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Pahwa Also directs: Insent Commercial Private Ltd., Accentium Web Private Limited, Bry- Air (Asia) Private Limited and 1 more | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
| Vinita Pahwa Also directs: Arctic India Sales LLP, Delair India Private Limited, Airgineers (Global) Private Limited and 4 more | Director | 06 Feb 1984 | 42 Years 8 Months | Current |
| Deepak Pahwa Also directs: Arctic India Sales LLP, Delair India Private Limited, Angelantoni Test Technologies India Private Limited and 5 more | Director | 06 Feb 1984 | 42 Years 8 Months | Current |
Peer comparison
Desiccant Rotors International Private Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Compressors), 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 |
|---|---|---|---|---|---|---|
| Kruger Ventilation Industries (India) Private Limited | ₹303.12 Cr (FY 2025) | 10.0% | Shahapur, Maharashtra, India | |||
| Citizen Industries Private Limited | ₹287.83 Cr (FY 2025) | 34.0% | Ahmedabad, Gujarat, India | |||
| Kirloskar Chillers Private Limited | ₹272.02 Cr (FY 2025) | 37.0% | Pune, Maharashtra, India | |||
| L&T Howden Private Limited | ₹256.81 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Desiccant Rotors International Private Limited this company | ₹256.61 Cr (FY 2025) | ₹56.45 Cr | 22% | 3.0% | 227 | Delhi, India |
| Indian Compressors Limited | ₹244.39 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Tcci Manufacturing (India) Private Limited | ₹243.74 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Anest Iwata Motherson Private Limited | ₹224.16 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Desiccant Rotors International Private Limited, buy the company report.
Auditor
Desiccant Rotors International Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Desiccant Rotors International 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 Desiccant Rotors International Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.45 Cr
Satisfied charges
₹12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2013 | 10430959 | Citi Bank N.A. | ₹18 Cr | Open | |
| 11 Jun 1990 | 90335416 | Anz Grindlays Bank | ₹45 Lakh | Open | |
| 13 Jan 2009 | 10140160 | Abn Amro Bank N.V | ₹1 Cr | Satisfied | |
| 21 Jan 2004 | 90335974 | The Royal Bank of Scotland N. V. | ₹11 Cr | Satisfied |
To see the full charge records of Desiccant Rotors International Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Desiccant Rotors International Private Limited has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in March 2019.
Total deals
5
Secondary share transfers
4
Acquisition
1
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Acquisition | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Desiccant Rotors International Private Limited has 30 court cases on record: 28 filed by Desiccant Rotors International, 2 filed against it. 1 case is pending and 29 are disposed.
Total cases
30
Filed by the company
28
Filed against the company
2
Pending
1
Disposed
29
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 1 | 1 |
| High courts | 9 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ethos Hvac Systems Ltd | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against Greenair Infratech Solutions Pvt Ltd | Disposed |
| High Court of Delhi | Court case (TR.P.(CRL.)) | Filed by the company against Baba Leather Impex Pvt. Ltd. and Ors. | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against Ethos Hvac Systems Ltd Through Its Managing Director | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against The Senior Divisional Manager,United India Insurance Co.Ltd. | Disposed |
To see the full case history of Desiccant Rotors International 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
Desiccant Rotors International Private Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 2,240 overdue payments to 58 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 58)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kruger Ventilation Industries (India) Private Limited | |||
| an individual supplier | |||
| Electric & Machinery Traders | |||
| Grand Polycoats Company Private Limited | |||
| Greenheck India Private Limited |
To see the full MSME payment records of Desiccant Rotors International Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Desiccant Rotors International Private Limited has a workforce of 227 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
227
Active EPFO establishments
1
Employee growth
5.58%
GST
Desiccant Rotors International has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACA0350N1ZY | Haryana | Active | 01 Jul 2017 |
| 08AAACA0350N1ZU | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Desiccant Rotors International Private Limited, buy the company report.
Recent activity
Desiccant Rotors International Private Limited has 4 board changes on record since 1984: 3 appointments and 1 cessation. The latest: Varun Pahwa ceased to be Additional Director on 29 Sep 2017.
AGM
Desiccant Rotors International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Desiccant Rotors International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Varun Pahwa ceased to be Additional Director.
Appointed
Varun Pahwa was appointed as Director.
Charges
A charge with Citi Bank N.A. of Rs. 1,800.00 Lakh registered on 11 Jun 2013 with Charge ID 10430959 was modified on 16 May 2016.
Charges
A charge registered on 13 Jan 2009 via Charge ID 10140160 with Abn Amro Bank N.V was fully satisfied on 19 Nov 2014.
Charges
A charge registered on 21 Jan 2004 via Charge ID 90335974 with The Royal Bank Of Scotland N. V. was fully satisfied on 12 Sep 2013.
Charges
A charge with Citi Bank N.A. amounted to Rs. 1,800.00 Lakh with Charge ID 10430959 was registered on 11 Jun 2013.
Charges
A charge with The Royal Bank Of Scotland N. V. of Rs. 1,100.00 Lakh registered on 21 Jan 2004 with Charge ID 90335974 was modified on 12 Jan 2013.
Charges
A charge with Abn Amro Bank N.V amounted to Rs. 100.00 Lakh with Charge ID 10140160 was registered on 13 Jan 2009.
Charges
A charge with The Royal Bank Of Scotland N. V. amounted to Rs. 1,100.00 Lakh with Charge ID 90335974 was registered on 21 Jan 2004.
Charges
A charge with Anz Grindlays Bank amounted to Rs. 45.00 Lakh with Charge ID 90335416 was registered on 11 Jun 1990.
3 earlier events are in the company report.
Frequently asked questions
Desiccant Rotors International is an active private limited company based in Delhi, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 06 February 1984 (42+ years old) and is registered under CIN U74899DL1984PTC017497.
Desiccant Rotors International has 3 current directors:
- Varun Pahwa - Director
- Vinita Pahwa - Director
- Deepak Pahwa - Director
The latest financial statements of Desiccant Rotors International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Desiccant Rotors International is 06AAACA0350N1ZY, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAACA0350N1ZU (Rajasthan).
The CIN (Corporate Identification Number) of Desiccant Rotors International is U74899DL1984PTC017497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desiccant Rotors International has 30 court cases on record: 28 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Desiccant Rotors International was incorporated on 06 February 1984, making it 42+ years old. It is registered with the Registrar of Companies, Delhi.
Desiccant Rotors International has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in March 2019.
The peers of Desiccant Rotors International by revenue are Kruger Ventilation Industries (India) Private Limited, Citizen Industries Private Limited, Kirloskar Chillers Private Limited, L&T Howden Private Limited, Indian Compressors Limited and 2 more, all in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Varun Pahwa ceased to be Additional Director on 29 Sep 2017. Varun Pahwa was appointed as Director on 25 Sep 2017. Deepak Pahwa was appointed as Director on 06 Feb 1984. Desiccant Rotors International has 4 board changes on record in total.
Yes, Desiccant Rotors International is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0000952).
Desiccant Rotors International has 17 MSME Form 1 returns on record between 2019 and 2024, listing 2,240 overdue payments to 58 micro and small suppliers. The latest return was filed on 09 May 2024.