MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0272459
Drivelec Systems Private Limited
Drivelec Systems Private Limited - electrnoics in Pune, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹72.5 Lakh
▲ 238% YoY
Net profit · FY 2025
₹69,326
Net margin 1%
EBITDA · FY 2025
₹2.21 Lakh
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Drivelec Systems Private Limited
Data last updated:
Drivelec Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 25 March 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN2022PTC209676.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akshay Mohan Band and Meethu Kutty Devesia George.
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 F. No. 602 A Wing Kaka Homes Krishna Colony Dp Road Rahatani, Pune, Maharashtra, India – 411017.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹69,326 (net margin 1%) and EBITDA of ₹2.21 Lakh (EBITDA margin 3%).
Drivelec Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0272459).
Company Details of Drivelec Systems Private Limited
CIN U31909PN2022PTC209676
Registration Number 209676
Incorporation Date 25 March 2022
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0272459
Recognitions & Rankings of Drivelec Systems
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressF. No. 602 A Wing Kaka Homes Krishna Colony Dp Road Rahatani, Pune, Maharashtra, India – 411017
- IndustryElectrnoics, Electrical Equipment, Manufacturing
Comprehensive company report
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Business Activity of Drivelec Systems Private Limited
The main business activity of Drivelec Systems is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Drivelec Systems Private Limited FY 2025 filings available
Drivelec Systems Private Limited reported revenue of ₹72.5 Lakh (up 238% YoY) for FY 2025.
Revenue · FY 2025
₹72.5 Lakh ▲ 238%
Net profit · FY 2025
₹69,326 margin 1%
EBITDA · FY 2025
₹2.21 Lakh margin 3%
Compounded Annual Growth Rate (CAGR) of Drivelec Systems Private Limited
Revenue CAGR growth
1 year
▲ 238%
EBITDA CAGR growth
1 year
▲ 71%
Revenue rose 238% in the latest year. EBITDA rose 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Drivelec Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹2.21 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹69,326 | •••• | •••• | •••• |
| 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 of Drivelec Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3% | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Drivelec Systems are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Drivelec Systems Private Limited
Drivelec Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Mohan Band | Director | 25 Mar 2022 | 4 Years 6 Months | Current |
| Meethu Kutty Devesia George | Director | 25 Mar 2022 | 4 Years 6 Months | Current |
Peer Comparison of Drivelec Systems Private Limited
Drivelec Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Soraon Producer Company Limited | ₹72.81 Lakh (FY 2025) | •••• | •••• | 166.0% | •••• | Prayagraj, Uttar Pradesh, India |
| Oracle Flexibles Private Limited | ₹72.66 Lakh (FY 2025) | •••• | •••• | 606.0% | •••• | Delhi, India |
| Omrr India Private Limited | ₹72.64 Lakh (FY 2025) | •••• | •••• | 66.0% | •••• | Delhi, India |
| Dolphin Motors Private Limited | ₹72.59 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Milkyway Pharmaceuticals Private Limited | ₹72.57 Lakh (FY 2025) | •••• | •••• | 161.0% | •••• | Mandya, Karnataka, India |
| Drivelec Systems Private Limited this company | ₹72.5 Lakh (FY 2025) | •••• | •••• | 238.0% | •••• | Pune, Maharashtra, India |
| Diti Automation Private Limited | ₹72.49 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Nagpur, Maharashtra, India |
| Zauge Chiefland Industry Private Limited | ₹72.37 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Likeston Health Care Private Limited | ₹72.33 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Nagpur, Maharashtra, India |
| Technopals Meditech Private Limited | ₹72.27 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| 6S Automobiles India Private Limited | ₹72.23 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Drivelec Systems by revenue in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Drivelec Systems Private Limited
Drivelec Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Drivelec Systems Private Limited
Employment history and EPFO contributions of people linked to Drivelec Systems.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Drivelec Systems Private Limited
Drivelec Systems Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Akshay Mohan Band was appointed as Director on 25 Mar 2022.
AGM
Drivelec Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Drivelec Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Akshay Mohan Band was appointed as Director.
Appointed
Meethu Kutty Devesia George was appointed as Director.
Incorporation
25 Mar 2022
Drivelec Systems Private Limited was registered on 25 Mar 2022 with Roc Pune & aged 4 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Drivelec Systems Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Drivelec Systems Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Drivelec Systems Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Drivelec Systems Private Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Drivelec Systems Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Drivelec Systems Private Limited
Drivelec Systems is an active private limited company based in Pune, Maharashtra, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 25 March 2022 (4+ years old) and is registered under CIN U31909PN2022PTC209676.
Drivelec Systems reported revenue of ₹72.5 Lakh for FY 2025 (up 238% YoY).
Drivelec Systems has 2 current directors:
- Akshay Mohan Band - Director
- Meethu Kutty Devesia George - Director
Drivelec Systems reported a net profit of ₹69,326 (net margin 1%) and EBITDA of ₹2.21 Lakh (EBITDA margin 3%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Drivelec Systems is U31909PN2022PTC209676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drivelec Systems was incorporated on 25 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Drivelec Systems by revenue are Soraon Producer Company Limited, Oracle Flexibles Private Limited, Omrr India Private Limited, Dolphin Motors Private Limited, Milkyway Pharmaceuticals Private Limited and 5 more, all in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles).
Akshay Mohan Band was appointed as Director on 25 Mar 2022. Meethu Kutty Devesia George was appointed as Director on 25 Mar 2022.
Yes, Drivelec Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0272459).
The registered office of Drivelec Systems is at F. No. 602 A Wing Kaka Homes Krishna Colony Dp Road Rahatani, Pune, Maharashtra, India – 411017.
Drivelec Systems has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.