MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0064735
Drive Hydraulic Products Private Limited
Drive Hydraulic Products Private Limited - machinery and equipment in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹24.63 Cr
▲ 9% YoY
Net profit · FY 2025
₹1.36 Cr
Net margin 5.5%
EBITDA · FY 2025
₹1.98 Cr
EBITDA margin 8.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.85 Cr
Satisfied ₹65 Lakh
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Drive Hydraulic Products Private Limited
Data last updated:
Drive Hydraulic Products Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 22 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40300KA2014PTC076522. Its GSTIN is 29AAFCD1334E1ZZ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Doraswamy Prasad and Muniyappa Shivaiah.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 279 7th Cross 1st Stage Peenya Industrial Area, Bengaluru, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.63 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.36 Cr (net margin 5.5%) and EBITDA of ₹1.98 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹1.85 Cr and satisfied charges of ₹65 Lakh on record.
Drive Hydraulic Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0064735). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40300KA2014PTC076522
Registration Number 076522
Incorporation Date 22 September 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0064735
Recognitions & Rankings of Drive Hydraulic Products
Contact details
Drive Hydraulic Products Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 279 7th Cross 1st Stage Peenya Industrial Area, Bengaluru, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Drive Hydraulic Products Private Limited, buy the company report.
Comprehensive company report
Drive Hydraulic Products 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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Business activity
The main business activity of Drive Hydraulic Products is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Drive Hydraulic Products Private Limited, buy the company report.
Financials of Drive Hydraulic Products Private Limited
FY 2025 filings availableDrive Hydraulic Products Private Limited reported revenue of ₹24.63 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹24.63 Cr ▲ 9%
Net profit · FY 2025
₹1.36 Cr margin 5.5%
EBITDA · FY 2025
₹1.98 Cr margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 21%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 18%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 9% growth in the latest year. EBITDA rose 15% 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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| Total Expenses | |||||
| EBITDA | ₹1.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.36 Cr | ||||
| Balance Sheet | |||||
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| Trade Receivables | |||||
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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 | 8.1% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Drive Hydraulic Products Private Limited, buy the company report.
Board of directors of Drive Hydraulic Products Private Limited
Drive Hydraulic Products has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Doraswamy Prasad Also directs: Baunwert Innoventures LLP, Salsette Hydraulics LLP, Opdesa Solutions Private Limited and 1 more | Director | 22 Sep 2014 | 12 Years 1 Months | Current |
| Muniyappa Shivaiah Also directs: Salsette Hydraulics LLP | Director | 22 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Drive Hydraulic Products Private Limited is audited by P Chandrashekar LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Chandrashekar LLP | FY 2023 | 0S200066 |
Shareholding
The shareholding of Drive Hydraulic Products 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 Drive Hydraulic Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.85 Cr
Satisfied charges
₹65 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2024 | 100970912 | Others | ₹1.85 Cr | Open | |
| 09 Jun 2022 | 100592663 | Hdfc Bank Limited | ₹65 Lakh | Satisfied |
To see the full charge records of Drive Hydraulic Products Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Drive Hydraulic Products 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 Drive Hydraulic Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drive Hydraulic Products has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD1334E1ZZ | Karnataka | Active | 01 Jul 2017 |
| 33AAFCD1334E1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Drive Hydraulic Products Private Limited, buy the company report.
Recent activity
Drive Hydraulic Products Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Doraswamy Prasad was appointed as Director on 22 Sep 2014.
AGM
Drive Hydraulic Products Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Drive Hydraulic Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 185.00 Lakh with Charge ID 100970912 was registered on 15 Jul 2024.
Charges
A charge registered on 09 Jun 2022 via Charge ID 100592663 with Hdfc Bank Limited was fully satisfied on 04 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 65.00 Lakh with Charge ID 100592663 was registered on 09 Jun 2022.
Appointed
Doraswamy Prasad was appointed as Director.
Appointed
Muniyappa Shivaiah was appointed as Director.
Incorporation
22 Sep 2014
Drive Hydraulic Products Private Limited was registered on 22 Sep 2014 with Roc Bangalore & aged 12 years 1 month as per MCA records.
Frequently asked questions
Drive Hydraulic Products is an active private limited company based in Bengaluru, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 22 September 2014 (12+ years old) and is registered under CIN U40300KA2014PTC076522.
Drive Hydraulic Products has 2 current directors:
- Doraswamy Prasad - Director
- Muniyappa Shivaiah - Director
The latest financial statements of Drive Hydraulic Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Drive Hydraulic Products is 29AAFCD1334E1ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCD1334E1ZA (Tamil Nadu).
The CIN (Corporate Identification Number) of Drive Hydraulic Products is U40300KA2014PTC076522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drive Hydraulic Products was incorporated on 22 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Doraswamy Prasad was appointed as Director on 22 Sep 2014. Muniyappa Shivaiah was appointed as Director on 22 Sep 2014.
Yes, Drive Hydraulic Products is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0064735).
The registered office of Drive Hydraulic Products is at C – 279 7th Cross 1st Stage Peenya Industrial Area, Bengaluru, Karnataka, India – 560058.
Drive Hydraulic Products operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
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