About Drivensteel Engineering Private Limited
Data last updated:
Drivensteel Engineering Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 12 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2021PTC200223. Its GSTIN is 27AAICD4368H1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhausaheb Ramchandra Badakh and Priyanka Bhausaheb Badakh.
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 Flat No. F – 204 2nd Floor Parksyde Residency S.N. 6/1E 6/1F Wadala Path Indira Nagar, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.86 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹20.27 Lakh (net margin 2.3%) and EBITDA of ₹43.38 Lakh (EBITDA margin 4.9%).
The company has about 131 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
For more details, the company can be reached via its website drivensteel.com.
Company details
Contact details
Drivensteel Engineering Private Limited's registered office is in Nashik, Maharashtra.
- Registered AddressFlat No. F – 204 2nd Floor Parksyde Residency S.N. 6/1E 6/1F Wadala Path Indira Nagar, Nashik, Maharashtra, India – 422010
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Financials of Drivensteel Engineering Private Limited
FY 2024 filings availableDrivensteel Engineering Private Limited reported revenue of ₹8.86 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year. EBITDA fell 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | ₹43.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹20.27 Lakh | ||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.9% | ||
| Net Profit Margin | 2.3% | ||
| 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 Drivensteel Engineering Private Limited, buy the company report.
Board of directors of Drivensteel Engineering Private Limited
Drivensteel Engineering has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhausaheb Ramchandra Badakh | Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Priyanka Bhausaheb Badakh | Director | 12 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Drivensteel Engineering Private Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Engineering Design), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mineteck Technical Services Private Limited | ₹8.93 Cr (FY 2025) | 22.0% | Udaipur, Rajasthan, India | |||
| Qmax Techno Consultants Private Limited | ₹8.93 Cr (FY 2024) | -16.0% | Navi Mumbai, Maharashtra, India | |||
| Wda Builders Private Limited | ₹8.92 Cr (FY 2024) | 22.0% | Tirupati, Andhra Pradesh, India | |||
| Indian Engineering Consultants India Private Limited | ₹8.86 Cr (FY 2025) | 0.0% | Gurgaon, Haryana, India | |||
| Jonam Engineering Technologies Private Limited | ₹8.86 Cr (FY 2024) | 73.0% | Pune, Maharashtra, India | |||
| Drivensteel Engineering Private Limitedthis company | ₹8.86 Cr (FY 2024) | ₹20.27 Lakh | 2.3% | 38.0% | Nashik, Maharashtra, India | |
| Design Lattice Private Limited | ₹8.85 Cr (FY 2024) | -11.0% | Hyderabad, Telangana, India | |||
| Offshore Engineering Design and Energy Consultants Private Limited | ₹8.84 Cr (FY 2025) | -4.0% | Thane, Maharashtra, India | |||
| Vakratund Innovation Private Limited | ₹8.79 Cr (FY 2025) | 447.0% | Vadodara, Gujarat, India | |||
| Nhance Digital Buildtech Private Limited | ₹8.78 Cr (FY 2024) | 67.0% | Bangalore, Karnataka, India | |||
| Senthil Safety Solutions Private Limited | ₹8.77 Cr (FY 2025) | 34.0% | Mogappair, Tamil Nadu, India |
To see the full peer comparison of Drivensteel Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2025 | 101051895 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Drivensteel Engineering Private Limited has 3 court cases on record: 3 filed by Drivensteel Engineering. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Drivensteel 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Drivensteel Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drivensteel Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICD4368H1ZE | Maharashtra | Active | 27 Jun 2022 |
To see the full GST registrations and return filing status of Drivensteel Engineering Private Limited, buy the company report.
Recent activity
Drivensteel Engineering Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Bhausaheb Ramchandra Badakh was appointed as Director on 12 Apr 2021.
Frequently asked questions
Drivensteel Engineering is an active private limited company based in Nashik, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 12 April 2021 (5+ years old) and is registered under CIN U74999PN2021PTC200223.
Drivensteel Engineering has 2 current directors:
- Bhausaheb Ramchandra Badakh - Director
- Priyanka Bhausaheb Badakh - Director
The latest financial statements of Drivensteel 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 FY 2022 are in the company report.
The GSTIN of Drivensteel Engineering is 27AAICD4368H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Drivensteel Engineering is U74999PN2021PTC200223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drivensteel Engineering has 3 court cases on record: 3 filed by the company. 3 are pending.
Drivensteel Engineering was incorporated on 12 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Drivensteel Engineering by revenue are Mineteck Technical Services Private Limited, Qmax Techno Consultants Private Limited, Wda Builders Private Limited, Indian Engineering Consultants India Private Limited, Jonam Engineering Technologies Private Limited and 5 more, all in the Engineering industry (Engineering Design).
Bhausaheb Ramchandra Badakh was appointed as Director on 12 Apr 2021. Priyanka Bhausaheb Badakh was appointed as Director on 12 Apr 2021.
Drivensteel Engineering can be reached through the website drivensteel.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Drivensteel Engineering is at Flat No. F – 204 2nd Floor Parksyde Residency S.N. 61E 61F Wadala Path Indira Nagar, Nashik, Maharashtra, India – 422010.