MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0076068
Driveit Technologies Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹69.25 Lakh
▲ 21% YoY
Net profit · FY 2024
₹1.39 Lakh
Net margin 2%
EBITDA · FY 2024
₹8.86 Lakh
EBITDA margin 12.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Driveit Technologies Private Limited
Data last updated:
Driveit Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 01 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2016PTC111240. Its GSTIN is 36AAFCD7997M2ZP (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.1 Lakh. It is led by directors Sundar Dwarkanath and Deepa Dwarkanath.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.25 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Lakh (net margin 2%) and EBITDA of ₹8.86 Lakh (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 8% over five years.
Driveit Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0076068). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website driveittech.in.
Company details
CIN U72900TG2016PTC111240
Registration Number 111240
Incorporation Date 01 August 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0076068
Recognitions & Rankings of Driveit Technologies
Contact details
Driveit Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is driveittech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 501 Lakshmis Ksk Elite North Block, Road No 4 Kantivanam Colony, Hyderabad, Telangana, India – 500084
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Driveit Technologies Private Limited, buy the company report.
Comprehensive company report
Driveit Technologies 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 Driveit Technologies is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Driveit Technologies Private Limited, buy the company report.
Financials of Driveit Technologies Private Limited
FY 2025 filings availableDriveit Technologies Private Limited reported revenue of ₹69.25 Lakh (up 21% YoY) for FY 2024.
Revenue · FY 2024
₹69.25 Lakh ▲ 21%
Net profit · FY 2024
₹1.39 Lakh margin 2%
EBITDA · FY 2024
₹8.86 Lakh margin 12.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 22%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 556%
3 years · compounded
▲ 51%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 21% growth in the latest year. EBITDA rose 556% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.86 Lakh | ||||
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| Net Profit (PAT) | ₹1.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 12.8% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Driveit Technologies Private Limited, buy the company report.
Board of directors of Driveit Technologies Private Limited
Driveit Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundar Dwarkanath Also directs: Bigstrum Solutions Private Limited | Director | 01 Aug 2016 | 10 Years 3 Months | Current |
| Deepa Dwarkanath | Director | 01 Aug 2016 | 10 Years 3 Months | Current |
Auditor
Driveit Technologies Private Limited is audited by LAKSHMI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAKSHMI & ASSOCIATES | FY 2017 | 012482S |
Shareholding
The shareholding of Driveit Technologies Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Driveit Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Driveit Technologies 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 Driveit Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Driveit Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCD7997M2ZP | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Driveit Technologies Private Limited, buy the company report.
Recent activity
Driveit Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Deepa Dwarkanath was appointed as Director on 01 Aug 2016.
AGM
Driveit Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Driveit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Deepa Dwarkanath was appointed as Director.
Appointed
Sundar Dwarkanath was appointed as Director.
Incorporation
01 Aug 2016
Driveit Technologies Private Limited was registered on 01 Aug 2016 with Roc Hyderabad & aged 10 years 3 months as per MCA records.
Frequently asked questions
Driveit Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 01 August 2016 (10+ years old) and is registered under CIN U72900TG2016PTC111240.
Driveit Technologies has 2 current directors:
- Sundar Dwarkanath - Director
- Deepa Dwarkanath - Director
The latest financial statements of Driveit Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Driveit Technologies is 36AAFCD7997M2ZP, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Driveit Technologies is U72900TG2016PTC111240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Driveit Technologies was incorporated on 01 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Deepa Dwarkanath was appointed as Director on 01 Aug 2016. Sundar Dwarkanath was appointed as Director on 01 Aug 2016.
Yes, Driveit Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0076068).
Driveit Technologies can be reached through the website driveittech.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Driveit Technologies is at Flat No. 501 Lakshmis Ksk Elite North Block, Road No 4 Kantivanam Colony, Hyderabad, Telangana, India – 500084.
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