MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0016099
Driplex Water Engineering Private Limited - environment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.43 Cr
▼ 19% YoY
Net loss · FY 2025
₹27.43 Cr
Net margin -63.2%
EBITDA · FY 2025
-₹22.6 Cr
EBITDA margin -52%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11 Cr
Issued & subscribed
Satisfied charges
₹196.25 Cr
No open charges
Company age
52 yrs
Est. 1974
Employees · EPFO
243
Provident fund records
About Driplex Water Engineering Private Limited
Data last updated:
Driplex Water Engineering Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Veolia Water Technologies And Solutions. It operates in the water treatment segment of the environmental services sector. It was incorporated on 27 August 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1974PTC007424. Its GSTIN is 07AAACD0141L1Z0 (Delhi). The company holds 32 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11 Cr. It was formerly known as Driplex Water Engineering Limited. It is led by directors Vivek Rana and Gopalakrishna Madabhushi.
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 Lgf A – 1/132 Safdarjung Enclave, New Delhi, Delhi, India – 110029.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.43 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹27.43 Cr (net margin -63.2%) and EBITDA of -₹22.6 Cr (EBITDA margin -52%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 21% over five years.
The company has about 243 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Driplex Water Engineering. As per MCA filings, the company has satisfied charges of ₹196.25 Cr on record. Court records list 100 cases involving the company, including 37 filed by the company and 63 filed against it; 14 cases are pending. The company has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2019. Its 5 peer companies in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply) are compared by revenue, 2 larger and 3 smaller; the largest is Punjab Dyers Association with revenue of ₹46.32 Cr. The company has 16 MSME Form 1 returns on record between 2018 and 2024, listing 626 overdue payments to 116 micro and small suppliers.
Driplex Water Engineering Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0016099). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website driplexwater.com.
Company details
CIN U74899DL1974PTC007424
Registration Number 007424
Incorporation Date 27 August 1974
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Veolia Water Technologies And Solutions
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0016099
CIN history
Driplex Water Engineering has one previous CIN (Corporate Identification Number): U74899DL1974PLC007424. The current CIN is U74899DL1974PTC007424, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1974PTC007424 | Current |
| U74899DL1974PLC007424 | Previous |
Recognitions & Rankings of Driplex Water Engineering
Contact details
Driplex Water Engineering Private Limited's registered office is in New Delhi, Delhi. Its website is driplexwater.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLgf A – 1/132 Safdarjung Enclave, New Delhi, Delhi, India – 110029
- IndustryEnvironment, Water Treatment
To see the full contact details of Driplex Water Engineering Private Limited, buy the company report.
Comprehensive company report
Driplex Water Engineering 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
Brands
Driplex Water Engineering operates one associated brand: Driplex Water Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Water treatment plant construction services are provided by the company. | driplexwater.com |
Business activity
The main business activity of Driplex Water Engineering is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Driplex Water Engineering Private Limited, buy the company report.
Financials of Driplex Water Engineering Private Limited
FY 2024 filings availableDriplex Water Engineering Private Limited reported revenue of ₹43.43 Cr (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹43.43 Cr ▼ 19%
Net loss · FY 2025
₹27.43 Cr margin -63.2%
EBITDA · FY 2025
-₹22.6 Cr margin -52%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 44%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▼ 54%
5 years · compounded
▼ 35%
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 19% fall in the latest year. EBITDA rose 50% 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 |
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| EBITDA | -₹22.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.43 Cr | ||||
| Balance Sheet | |||||
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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 | -52% | ||||
| Net Profit Margin | -63.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Driplex Water Engineering Private Limited, buy the company report.
Board of directors of Driplex Water Engineering Private Limited
Driplex Water Engineering has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalakrishna Madabhushi | Additional Director | 14 Nov 2025 | 0 Years 11 Months | Current |
| Vivek Rana Also directs: Driplex Water Engineering International Private Limited | Director | 24 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Driplex Water Engineering Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Punjab Dyers Association | ₹46.32 Cr (FY 2025) | 33.0% | Ludhiana, Punjab, India | |||
| Tarapur Environment Protection Society | ₹45.7 Cr (FY 2025) | -1.0% | Thane, Maharashtra, India | |||
| Driplex Water Engineering Private Limitedthis company | ₹43.43 Cr (FY 2025) | -₹27.43 Cr | -63.2% | -19.0% | 243 | New Delhi, Delhi, India |
| Tirupur Murugampalayam Common Effluents Treatment Company Private Limited | ₹42.84 Cr (FY 2025) | 16.0% | Coimbatore, Tamil Nadu, India | |||
| Felix Industries Limited | ₹42.34 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Aquachem Enviro Engineers Private Limited | ₹41.82 Cr (FY 2025) | 41.0% | Vile Parle East, Maharashtra, India |
To see the full peer comparison of Driplex Water Engineering Private Limited, buy the company report.
Auditor
Driplex Water Engineering Private Limited is audited by S. R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Batliboi & Co. LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Driplex Water Engineering 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 Driplex Water Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹196.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2010 | 10205635 | Karnataka Bank Ltd. | ₹6.5 Cr | Satisfied | |
| 19 Mar 2008 | 10103163 | Karnataka Bank Ltd. | ₹3 Cr | Satisfied | |
| 07 Jul 2005 | 90059180 | Karnataka Bank Ltd. | ₹20 Cr | Satisfied | |
| 07 Jul 2005 | 80003363 | Karnataka Bank Ltd. | ₹76 Cr | Satisfied | |
| 07 Jul 2005 | 80003362 | Karnataka Bank Ltd. | ₹30 Cr | Satisfied |
To see the full charge records of Driplex Water Engineering Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Driplex Water Engineering Private Limited has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2019.
Total deals
9
Secondary share transfers
8
Funding round
1
Disclosed funding
₹24 Lakh
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: SUEZ Water Technologies and Solutio Seller: an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: SUEZ Water Technologies and Solutio Seller: Suez Projects Private Limited , Veolia Water Technologies And Solution(india) Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Suez Projects Private Limited , Veolia Water Technologies And Solution(india) Private Limited Seller: 2 individuals |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Driplex Water Engineering 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
Driplex Water Engineering Private Limited has 100 court cases on record: 37 filed by Driplex Water Engineering, 63 filed against it. 14 cases are pending and 86 are disposed.
Total cases
100
Filed by the company
37
Filed against the company
63
Pending
14
Disposed
86
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 59 | 32 | 12 |
| District courts | 35 | 27 | 2 |
| Supreme Court | 6 | 4 | 0 |
Cases on record (5 of 100)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (CO) | Filed against the company by Mackintosh Burn Limited Pooja Agarwal | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by NLC India Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Mangalore Refinery and Petrochemicals Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by NTPC Ltd | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against NTPC Limited | Pending |
To see the full case history of Driplex Water Engineering 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.
Credit ratings & regulatory alerts
Driplex Water Engineering Private Limited was last rated by Crisil on 25 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Sep 2020 |
To see the full credit ratings and regulatory alerts of Driplex Water Engineering Private Limited, buy the company report.
MSME payment delays
Driplex Water Engineering Private Limited has 16 MSME Form 1 returns on record between 2018 and 2024, listing 626 overdue payments to 116 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 116)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Driplex Water Engineering International Private Limited | |||
| Industrial Devices (India) Private Limited | |||
| an individual supplier | |||
| Advance Ventilation Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Driplex Water Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Driplex Water Engineering Private Limited has a workforce of 243 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
243
Active EPFO establishments
1
Employee growth
-41.3%
GST
Driplex Water Engineering has 32 GST registrations: 13 active and 19 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
32
Active
13
Cancelled / inactive
19
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACD0141L1Z0 | Delhi | Active | 01 Jul 2017 |
| 09AAACD0141L2ZV | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AAACD0141L2ZC | Bihar | Active | 01 Jul 2017 |
| 22AAACD0141L1Z8 | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Driplex Water Engineering Private Limited, buy the company report.
Recent activity
Driplex Water Engineering Private Limited has 18 board changes on record since 2007: 2 appointments and 16 cessations. The latest: Gopalakrishna Madabhushi was appointed as Additional Director on 14 Nov 2025.
Appointed
Gopalakrishna Madabhushi was appointed as Additional Director.
AGM
Driplex Water Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Driplex Water Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Soumya Srikanth ceased to be Additional Director.
Ceased
Pankaj Khanna ceased to be Additional Director.
Ceased
Sonali Krishnan ceased to be Additional Director.
Ceased
Vivek Rana ceased to be Additional Director.
Ceased
Shyam Jee Bhan ceased to be Director.
Appointed
Vivek Rana was appointed as Director.
Ceased
Yatin Tayalia ceased to be Additional Director.
Charges
A charge registered on 06 Sep 1997 via Charge ID 90055851 with Others was fully satisfied on 29 Mar 2019.
Ceased
Kimti Jain Lall ceased to be Managing Director.
31 earlier events are in the company report.
Frequently asked questions
Driplex Water Engineering is an active private limited company based in New Delhi, Delhi, India. The company works in water treatment, within the environment industry. It was incorporated on 27 August 1974 (52+ years old) and is registered under CIN U74899DL1974PTC007424.
Driplex Water Engineering has 2 current directors:
- Gopalakrishna Madabhushi - Additional Director
- Vivek Rana - Director
The latest financial statements of Driplex Water Engineering 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 Driplex Water Engineering is 07AAACD0141L1Z0, registered in Delhi. The company has 32 GST registrations in all, of which 13 are active and 19 are cancelled or inactive. Other active GSTINs include 09AAACD0141L2ZV (Uttar Pradesh), 10AAACD0141L2ZC (Bihar), 22AAACD0141L1Z8 (Chattisgarh).
The CIN (Corporate Identification Number) of Driplex Water Engineering is U74899DL1974PTC007424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Driplex Water Engineering has 100 court cases on record: 37 filed by the company and 63 filed against it. 14 are pending. Most are in the high courts.
Driplex Water Engineering was incorporated on 27 August 1974, making it 52+ years old. It is registered with the Registrar of Companies, Delhi.
Driplex Water Engineering has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2019.
The peers of Driplex Water Engineering by revenue are Punjab Dyers Association, Tarapur Environment Protection Society, Tirupur Murugampalayam Common Effluents Treatment Company Private Limited, Felix Industries Limited, Aquachem Enviro Engineers Private Limited, all in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply).
Gopalakrishna Madabhushi was appointed as Additional Director on 14 Nov 2025. Soumya Srikanth ceased to be Additional Director on 26 Dec 2023. Pankaj Khanna ceased to be Additional Director on 31 Dec 2021. Driplex Water Engineering has 18 board changes on record in total.
Yes, Driplex Water Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0016099).
Driplex Water Engineering has 16 MSME Form 1 returns on record between 2018 and 2024, listing 626 overdue payments to 116 micro and small suppliers. The latest return was filed on 25 Apr 2024.