MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0265298
Drivesys Systems Private Limited - automotive in Parner, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹24.79 Cr
▲ 82533% YoY
Net loss · FY 2025
₹14.55 Cr
Net margin -58.7%
EBITDA · FY 2025
-₹3.13 Cr
EBITDA margin -12.6%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹8 Cr
Issued & subscribed
Open charges
₹34.84 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
7
Provident fund records
About Drivesys Systems Private Limited
Data last updated:
Drivesys Systems Private Limited is a private limited company based in Parner, Maharashtra, India, a subsidiary of Z F Steering Gear (India) Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 27 April 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24202PN2022PTC210785. Its GSTIN is 27AAJCD2445G1ZP (Maharashtra).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Ajit Nemichand Gugale and Utkarsh Dineshchand Munot.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. E – 3/1, Supa Parner Industrial Park, Maharashtra, India – 414301.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.55 Cr (net margin -58.7%) and EBITDA of -₹3.13 Cr (EBITDA margin -12.6%).
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.84 Cr on record.
Drivesys Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0265298). For more details, the company can be reached via its website zfindia.com.
Company details
CIN U24202PN2022PTC210785
Registration Number 210785
Incorporation Date 27 April 2022
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Z F Steering Gear (India) Limited
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0265298
CIN history
Drivesys Systems has one previous CIN (Corporate Identification Number): U34100PN2022PTC210785. The current CIN is U24202PN2022PTC210785, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24202PN2022PTC210785 | Current |
| U34100PN2022PTC210785 | Previous |
Key People
Ajit Nemichand Gugale Director Utkarsh Dineshchand Munot Director Shrenik Rasik Gandhi Director Recognitions & Rankings of Drivesys Systems
Contact details
Drivesys Systems Private Limited's registered office is in Parner, Maharashtra.
- Registered AddressPlot No. E – 3/1, Supa Parner Industrial Park, Maharashtra, India – 414301
- IndustryAutomotive, Auto Parts & Components
Comprehensive company report
Drivesys Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Drivesys Systems is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Drivesys Systems Private Limited, buy the company report.
Financials of Drivesys Systems Private Limited
FY 2025 filings availableDrivesys Systems Private Limited reported revenue of ₹24.79 Cr (up 82533% YoY) for FY 2025.
Revenue · FY 2025
₹24.79 Cr ▲ 82533%
Net loss · FY 2025
₹14.55 Cr margin -58.7%
EBITDA · FY 2025
-₹3.13 Cr margin -12.6%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.13 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹14.55 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -12.6% | ||
| Net Profit Margin | -58.7% | ||
| 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 Drivesys Systems Private Limited, buy the company report.
Board of directors of Drivesys Systems Private Limited
Drivesys Systems has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Nemichand Gugale Also directs: Metacast Auto Private Limited | Director | 28 May 2025 | 1 Years 4 Months | Current |
| Utkarsh Dineshchand Munot Also directs: B.U. Bhandari M & M Realtors LLP, Z F Steering Gear (India) Limited, Nexsteer Systems Private Limited and 4 more | Director | 27 Apr 2022 | 4 Years 5 Months | Current |
| Shrenik Rasik Gandhi | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Drivesys Systems Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Drivesys Systems Private Limitedthis company | ₹24.79 Cr (FY 2025) | -₹14.55 Cr | -58.7% | 82533.0% | Parner, Maharashtra, India | |
| Shree Pal Clutch Private Limited | ₹24.79 Cr (FY 2025) | -3.0% | Punjab, India | |||
| Minami Metals Private Limited | ₹24.75 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Ridhi Auto Industries Private Limited | ₹24.74 Cr (FY 2019) | 43.0% | New Delhi, Delhi, India |
To see the full peer comparison of Drivesys Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.84 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2023 | 100673470 | Others | ₹34.84 Cr | Open |
To see the full charge records of Drivesys Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Drivesys Systems 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
Drivesys Systems Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 14 overdue payments to 8 micro and small suppliers. 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Panchsheel Filters Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Drivesys Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Drivesys Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCD2445G1ZP | Maharashtra | Active | 26 May 2022 |
To see the full GST registrations and return filing status of Drivesys Systems Private Limited, buy the company report.
Recent activity
Drivesys Systems Private Limited has 8 board changes on record since 2022: 3 appointments and 5 cessations. The latest: Ajit Nemichand Gugale ceased to be Additional Director on 26 Jun 2025.
Charges
A charge with Others of Rs. 34.84 Cr registered on 12 Jan 2023 with Charge ID 100673470 was modified on 03 Oct 2025.
AGM
Drivesys Systems Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Ceased
Ajit Nemichand Gugale ceased to be Additional Director.
Ceased
Shrenik Rasik Gandhi ceased to be Additional Director.
Appointed
Ajit Nemichand Gugale was appointed as Director.
Ceased
Utkarsh Dineshchand Munot ceased to be Director.
Appointed
Shrenik Rasik Gandhi was appointed as Director.
Filing
Drivesys Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Satish Amolakchand Gundecha ceased to be Director.
Charges
A charge with Others amounted to Rs. 34.84 Cr with Charge ID 100673470 was registered on 12 Jan 2023.
Ceased
Dineshchand Hirachand Munot ceased to be Director.
Appointed
Utkarsh Dineshchand Munot was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Drivesys Systems is an active private limited company based in Parner, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 27 April 2022 (4+ years old) and is registered under CIN U24202PN2022PTC210785.
Drivesys Systems has 3 current directors:
- Ajit Nemichand Gugale - Director
- Utkarsh Dineshchand Munot - Director
- Shrenik Rasik Gandhi - Director
The latest financial statements of Drivesys Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Drivesys Systems is 27AAJCD2445G1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Drivesys Systems is U24202PN2022PTC210785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drivesys Systems was incorporated on 27 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Drivesys Systems by revenue are Shree Pal Clutch Private Limited, Minami Metals Private Limited, Ridhi Auto Industries Private Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Ajit Nemichand Gugale ceased to be Additional Director on 26 Jun 2025. Shrenik Rasik Gandhi ceased to be Additional Director on 26 Jun 2025. Ajit Nemichand Gugale was appointed as Director on 28 May 2025. Drivesys Systems has 8 board changes on record in total.
Yes, Drivesys Systems is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0265298).
Drivesys Systems has 2 MSME Form 1 returns on record between 2023 and 2024, listing 14 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Drivesys Systems can be reached through the website zfindia.com. Its registered office is in Parner, Maharashtra, India.
The registered office of Drivesys Systems is at Plot No. E – 31, Supa Parner Industrial Park, Maharashtra, India – 414301.