Drive India Enterprise Solutions Limited

Drive India Enterprise Solutions Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2000PLC104165 Incorporated 27 April 2000 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Public Limited Company transport and logistics MSME
Data last updated
Revenue · FY 2025
₹19.58 Cr
▲ 237% YoY
Net profit · FY 2025
₹5.14 Cr
Net margin 26.3%
EBITDA · FY 2025
₹5.51 Cr
EBITDA margin 28.2%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹3.32 Cr
Issued & subscribed
Open charges
₹90 Cr
Satisfied ₹2,480 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
13
Provident fund records

About Drive India Enterprise Solutions Limited

Data last updated:

Drive India Enterprise Solutions Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Nksv Trading And Consulting Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 27 April 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2000PLC104165. Its GSTIN is 33AABCD5823E1Z4 (Tamil Nadu). The company holds 38 GST registrations, of which 15 are active.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹3.32 Cr. It was formerly known as Driveindia.Com Limited and Driveindia.Com Private Limited. It is led by directors including Milind Madhav Shahane and Ramanathan Karimpuza Ananthakrishnan.

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 58 Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.14 Cr (net margin 26.3%) and EBITDA of ₹5.51 Cr (EBITDA margin 28.2%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 5% over five years.

The company has about 13 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: DIESL. As per MCA filings, the company has open charges of ₹90 Cr and satisfied charges of ₹2,480 Cr on record. Court records list 145 cases involving the company, including 115 filed by the company and 31 filed against it; 23 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in May 2015. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.

Drive India Enterprise Solutions Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0027855). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diesl.in.

Company details

CIN U72900TN2000PLC104165
Registration Number 104165
Incorporation Date 27 April 2000
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Nksv Trading And Consulting Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0027855

Name history

Drive India Enterprise Solutions has undergone 3 name changes throughout its history. The company was previously known as Driveindia.Com Limited, Driveindia.Com Private Limited, and Driveindiacom Limited. The current legal name is Drive India Enterprise Solutions Limited.

Company NameStatus
Drive India Enterprise Solutions LimitedCurrent
Driveindia.Com LimitedPrevious
Driveindia.Com Private LimitedPrevious
Driveindiacom LimitedPrevious

CIN history

Drive India Enterprise Solutions has one previous CIN (Corporate Identification Number): U72900MH2000PLC126195. The current CIN is U72900TN2000PLC104165, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900TN2000PLC104165Current
U72900MH2000PLC126195Previous
Key People
Milind Madhav Shahane Director Ramanathan Karimpuza Ananthakrishnan Director Srinivasan Murali Director

Recognitions & Rankings of Drive India Enterprise Solutions

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0027855

Contact details

Drive India Enterprise Solutions Limited's registered office is in Chennai, Tamil Nadu. Its website is diesl.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    diesl.in
  • Registered Address
    58 Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Drive India Enterprise Solutions Limited, buy the company report.

Comprehensive company report
Drive India Enterprise Solutions 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

Drive India Enterprise Solutions operates one associated brand: DIESL. Each brand links to its own profile.

BrandDescriptionWebsite
DIESL
LED display solutions and conferencing equipment manufacturing in India.diesl.in

Business activity

The main business activity of Drive India Enterprise Solutions is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

To see the full business activity and turnover split of Drive India Enterprise Solutions Limited, buy the company report.

Financials of Drive India Enterprise Solutions Limited

FY 2025 filings available

Drive India Enterprise Solutions Limited reported revenue of ₹19.58 Cr (up 237% YoY) for FY 2025.

Revenue · FY 2025
₹19.58 Cr ▲ 237%
Net profit · FY 2025
₹5.14 Cr margin 26.3%
EBITDA · FY 2025
₹5.51 Cr margin 28.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 237%
3 years · compounded
▲ 58%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 281%
3 years · compounded
▲ 121%
5 years · compounded
▲ 87%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 237% growth in the latest year. EBITDA rose 281% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹5.51 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.14 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin28.2%
Net Profit Margin26.3%
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 Drive India Enterprise Solutions Limited, buy the company report.

Board of directors of Drive India Enterprise Solutions Limited

Drive India Enterprise Solutions has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Milind Madhav Shahane
Also directs: Trios Material Handling Private Limited, Tata Autocomp Systems Limited, Reach Cargo Movers Private Limited and 2 more
Director26 Sep 201214 Years 1 MonthsCurrent
Ramanathan Karimpuza Ananthakrishnan
Also directs: Dhinrama Mobility Solution Private Limited, Nitya Kalyanee Investment Limited, TVS Mobility Foundation
Director29 Sep 20215 Years 1 MonthsCurrent
Srinivasan Murali
Also directs: Dhinrama Mobility Solution Private Limited, Tor Auto Components LLP, Dinram Holdings Private Limited and 1 more
Director29 Sep 20215 Years 1 MonthsCurrent
View all directors

Auditor

Drive India Enterprise Solutions Limited is audited by PKF SRIDHAR & SANTHANAM LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PKF SRIDHAR & SANTHANAM LLPFY 20230039990S

Shareholding

The shareholding of Drive India Enterprise Solutions 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Drive India Enterprise Solutions Limited, buy the company report.

Charges & borrowings

Open charges
₹90 Cr
Satisfied charges
₹2,480 Cr
Breakdown by lending institutions
Others₹90.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Dec 201410562160Others₹90 CrOpen
22 Dec 2017100157526Axis Bank Limited₹75 CrSatisfied
11 Jun 2016100043586Yes Bank Limited₹75 CrSatisfied
30 Dec 201510611901Tata Capital Financial Services Limited₹25 CrSatisfied
22 Oct 201310459010Australia and New Zealand Banking Group Limited₹130 CrSatisfied

To see the full charge records of Drive India Enterprise Solutions Limited, buy the company report.

Total charge records: 17 View all charges

Deals & funding

Drive India Enterprise Solutions Limited has 1 deal on record (1 acquisition); the latest was in May 2015.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
May 2015AcquisitionUndisclosedBuyer: TVS Supply Chain Solutions Limited
Seller: Tata Industries Limited , Tata International Limited

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

Credit ratings & regulatory alerts

Drive India Enterprise Solutions Limited was last rated by Care on 31 Jan 2023.

Rating agencyRated onRating
Care31 Jan 2023

To see the full credit ratings and regulatory alerts of Drive India Enterprise Solutions Limited, buy the company report.

MSME payment delays

Drive India Enterprise Solutions Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
R.S. Facility Service Private Limited

To see the full MSME payment records of Drive India Enterprise Solutions Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Drive India Enterprise Solutions Limited has a workforce of 13 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
-7.14%

GST

Drive India Enterprise Solutions has 38 GST registrations: 15 active and 23 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
38
Active
15
Cancelled / inactive
23
GSTINStateStatusRegistered on
33AABCD5823E1Z4Tamil NaduActive01 Jul 2017
06AABCD5823E2Z0HaryanaActive01 Jul 2017
07AABCD5823E1ZZDelhiActive01 Jul 2017
08AABCD5823E1ZXRajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of Drive India Enterprise Solutions Limited, buy the company report.

Recent activity

Drive India Enterprise Solutions Limited has 22 board changes on record since 2007: 3 appointments and 19 cessations. The latest: Ramanathan Karimpuza Ananthakrishnan ceased to be Additional Director on 30 Sep 2022.

AGM
Drive India Enterprise Solutions Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Drive India Enterprise Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 22 Dec 2017 via Charge ID 100157526 with Axis Bank Limited was fully satisfied on 27 Mar 2024.
Charges
A charge registered on 09 Oct 2013 via Charge ID 10452940 with Icici Bank Limited was fully satisfied on 19 Dec 2023.
Ceased
Ramanathan Karimpuza Ananthakrishnan ceased to be Additional Director.
Ceased
Srinivasan Murali ceased to be Additional Director.
Ceased
Balaguru Munusamy ceased to be Director.
Appointed
Ramanathan Karimpuza Ananthakrishnan was appointed as Director.
Ceased
Sargunaraj Ravichandran ceased to be Director.
Appointed
Srinivasan Murali was appointed as Director.
Charges
A charge registered on 30 Dec 2015 via Charge ID 10611901 with Tata Capital Financial Services Limited was fully satisfied on 15 Feb 2021.
Ceased
Rameshwar Singh Thakur ceased to be Director.

53 earlier events are in the company report.

Frequently asked questions

Drive India Enterprise Solutions is an active public limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 27 April 2000 (26+ years old) and is registered under CIN U72900TN2000PLC104165.

Drive India Enterprise Solutions has 3 current directors:

The latest financial statements of Drive India Enterprise Solutions 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 India Enterprise Solutions is 33AABCD5823E1Z4, registered in Tamil Nadu. The company has 38 GST registrations in all, of which 15 are active and 23 are cancelled or inactive. Other active GSTINs include 06AABCD5823E2Z0 (Haryana), 07AABCD5823E1ZZ (Delhi), 08AABCD5823E1ZX (Rajasthan).

The CIN (Corporate Identification Number) of Drive India Enterprise Solutions is U72900TN2000PLC104165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Drive India Enterprise Solutions has 145 court cases on record: 115 filed by the company and 31 filed against it. 23 are pending. Most are in the high courts.

Drive India Enterprise Solutions was incorporated on 27 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.

Drive India Enterprise Solutions has 1 deal on record (1 acquisition); the latest was in May 2015.

Ramanathan Karimpuza Ananthakrishnan ceased to be Additional Director on 30 Sep 2022. Srinivasan Murali ceased to be Additional Director on 30 Sep 2022. Balaguru Munusamy ceased to be Director on 29 Sep 2021. Drive India Enterprise Solutions has 22 board changes on record in total.

Yes, Drive India Enterprise Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0027855).

Drive India Enterprise Solutions has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 13 May 2021.