Drilbits International Private Limited

Drilbits International Private Limited - machinery and equipment in Nashik, Maharashtra, India. FY 2026 financials & compliance.
CIN U29240MH2005PTC151786 Incorporated 04 March 2005 ROC Mumbai HQ Nashik, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹27.93 Cr
▲ 61% YoY
Net profit · FY 2024
₹5.38 Cr
Net margin 19.3%
EBITDA · FY 2024
₹5.68 Cr
EBITDA margin 20.3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.64 Cr
Issued & subscribed
Open charges
₹4 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
42
Provident fund records

About Drilbits International Private Limited

Data last updated:

Drilbits International Private Limited is a private limited company based in Nashik, Maharashtra, India, a subsidiary of Omni Oil Technology Holdings Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 04 March 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29240MH2005PTC151786. Its GSTIN is 27AACCD1726B1Z8 (Maharashtra).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.64 Cr. It was formerly known as Drilbits India Private Limited. It is led by directors including Rusty Wayne Petree (Managing Director) and Preeti Dhananjay Shaharkar.

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 Plot No.66 MIDC Satpur, Nashik, Maharashtra, India – 422007.

As per the financials filed for FY 2024, the company reported a revenue of ₹27.93 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹5.38 Cr (net margin 19.3%) and EBITDA of ₹5.68 Cr (EBITDA margin 20.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 11% over five years.

The company has about 42 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 78 cases involving the company, including 7 filed by the company and 71 filed against it; 40 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹16.38 Cr; the latest was in July 2011. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 1,023 overdue payments to 23 micro and small suppliers.

Drilbits International Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0010333). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drilbits.com.

Company details

CIN U29240MH2005PTC151786
Registration Number 151786
Incorporation Date 04 March 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Omni Oil Technology Holdings Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0010333
Key People
Rusty Wayne Petree Managing Director Preeti Dhananjay Shaharkar Director Santosh Arjun Shrivas Director

Recognitions & Rankings of Drilbits International

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-23-0010333

Contact details

Drilbits International Private Limited's registered office is in Nashik, Maharashtra. Its website is drilbits.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    drilbits.com
  • Social Media
  • Registered Address
    Plot No.66 MIDC Satpur, Nashik, Maharashtra, India – 422007
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Drilbits International Private Limited, buy the company report.

Comprehensive company report
Drilbits 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Drilbits International is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Drilbits International Private Limited, buy the company report.

Financials of Drilbits International Private Limited

FY 2024 filings available

Drilbits International Private Limited reported revenue of ₹27.93 Cr (up 61% YoY) for FY 2024.

Revenue · FY 2024
₹27.93 Cr ▲ 61%
Net profit · FY 2024
₹5.38 Cr margin 19.3%
EBITDA · FY 2024
₹5.68 Cr margin 20.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 22%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 210%
3 years · compounded
▲ 71%
5 years · compounded
▲ 28%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 61% growth in the latest year. EBITDA rose 210% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹5.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.38 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.3%
Net Profit Margin19.3%
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 Drilbits International Private Limited, buy the company report.

Board of directors of Drilbits International Private Limited

Drilbits International has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Preeti Dhananjay Shaharkar
Also directs: Rexon Global Services Private Limited
Director16 Apr 20251 Years 6 MonthsCurrent
Santosh Arjun ShrivasDirector15 Nov 20214 Years 11 MonthsCurrent
Asif Aziz ShaikhDirector15 Nov 20214 Years 11 MonthsCurrent
Rusty Wayne PetreeManaging Director16 Apr 20251 Years 6 MonthsCurrent
Mary Ann KuoDirector17 Apr 20251 Years 6 MonthsCurrent
View all directors

Auditor

Drilbits International Private Limited is audited by SSK & Co. Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SSK & Co. Chartered AccountantsFY 2023126174W

Shareholding

The shareholding of Drilbits International Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Drilbits International Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jun 2017100130987Others₹4 CrOpen

To see the full charge records of Drilbits International Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Drilbits International Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹16.38 Cr; the latest was in July 2011.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹16.38 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Jul 2011Secondary share transferUndisclosedBuyer: Omni Oil Technology Holding Limited, an individual
Seller: an individual
Jun 2011Secondary share transferUndisclosedBuyer: Omni Oil Technology Holding Limited
Seller: Wah Seong International Pte Ltd
Sep 2009Funding round₹16.38 CrInvestors: Wah Seong International Pte Ltd, an individual
Mar 2007Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Drilbits International Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 1,023 overdue payments to 23 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 23)

SupplierAmount dueDue sinceReported on
Vikman Steel Ball Industries
an individual supplier
Vasav Precision Engineering Private Limited
an individual supplier
Yogeshwar Engineering Pvt Ltd

To see the full MSME payment records of Drilbits International Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Drilbits International Private Limited has a workforce of 42 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
42
Active EPFO establishments
1
Employee growth
-8.7%

GST

Drilbits International has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCD1726B1Z8MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Drilbits International Private Limited, buy the company report.

Recent activity

Drilbits International Private Limited has 19 board changes on record since 2011: 5 appointments and 14 cessations. The latest: Mary Ann Kuo was appointed as Director on 17 Apr 2025.

Appointed
Mary Ann Kuo was appointed as Director.
Appointed
Preeti Dhananjay Shaharkar was appointed as Director.
Appointed
Rusty Wayne Petree was appointed as Managing Director.
AGM
Drilbits International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Drilbits International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Asif Aziz Shaikh ceased to be Additional Director.
Ceased
Santosh Arjun Shrivas ceased to be Additional Director.
Ceased
Uttam Machindranath Sonawane ceased to be Additional Director.
Appointed
Asif Aziz Shaikh was appointed as Director.
Appointed
Santosh Arjun Shrivas was appointed as Director.
Charges
A charge with Others of Rs. 4.00 Cr registered on 23 Jun 2017 with Charge ID 100130987 was modified on 06 Apr 2021.
Ceased
Deepak Eknath Kulkarni ceased to be Additional Director.

12 earlier events are in the company report.

Frequently asked questions

Drilbits International is an active private limited company based in Nashik, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 04 March 2005 (21+ years old) and is registered under CIN U29240MH2005PTC151786.

Drilbits International has 5 current directors:

The latest financial statements of Drilbits 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 Drilbits International is 27AACCD1726B1Z8, registered in Maharashtra.

The CIN (Corporate Identification Number) of Drilbits International is U29240MH2005PTC151786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Drilbits International has 78 court cases on record: 7 filed by the company and 71 filed against it. 40 are pending. Most are in the district courts.

Drilbits International was incorporated on 04 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.

Drilbits International has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹16.38 Cr; the latest was in July 2011.

Mary Ann Kuo was appointed as Director on 17 Apr 2025. Preeti Dhananjay Shaharkar was appointed as Director on 16 Apr 2025. Rusty Wayne Petree was appointed as Managing Director on 16 Apr 2025. Drilbits International has 19 board changes on record in total.

Yes, Drilbits International is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0010333).

Drilbits International has 12 MSME Form 1 returns on record between 2019 and 2023, listing 1,023 overdue payments to 23 micro and small suppliers. The latest return was filed on 27 Oct 2023.