About Drolia Electrosteels Private Limited
Data last updated:
Drolia Electrosteels Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Drolia Mineral Industries Private Limited.. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1995PTC146362. Its GSTIN is 22AAACD5584H1ZS (Chattisgarh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Rajiv Drolia (Managing Director) and Din Dayal Drolia.
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 620 Maker Chambersnariman Point, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹539.86 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹7.64 Cr (net margin 1.4%) and EBITDA of ₹26.31 Cr (EBITDA margin 4.9%).
As per MCA filings, the company has open charges of ₹124.07 Cr and satisfied charges of ₹3.94 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drolia.com.
CIN History of Drolia Electrosteels Private Limited
Drolia Electrosteels has one previous CIN (Corporate Identification Number): U27100MH2004PTC146362. The current CIN is U27100MH1995PTC146362, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100MH1995PTC146362 | Current |
| U27100MH2004PTC146362 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address620 Maker Chambersnariman Point, Mumbai, Maharashtra, India – 400020
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Drolia Electrosteels Private Limited
The main business activity of Drolia Electrosteels is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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 Drolia Electrosteels Private Limited FY 2025 filings available
Drolia Electrosteels Private Limited reported revenue of ₹539.86 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Drolia Electrosteels Private Limited
Revenue fell 10% in the latest year. EBITDA rose 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Drolia Electrosteels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹26.31 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.64 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 of Drolia Electrosteels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Drolia Electrosteels are in the company report.
Financial statements from 2015
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 Drolia Electrosteels Private Limited
Drolia Electrosteels has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Din Dayal Drolia Also directs: Drolia Mineral Industries Private Limited. | Director | 22 Jun 1995 | 31 Years 3 Months | Current |
| Raj Basudeo Drolia | Director | 26 Mar 2007 | 19 Years 6 Months | Current |
| Rajiv Drolia Also directs: C.G. Sponge Manufacturers Consortium Coal Fields LLP, Inter Dominion Logistics LLP, Divya Dyeing and Exports LLP and 3 more | Managing Director | 22 Jun 1995 | 31 Years 3 Months | Current |
| Anand Choudhary | Director | 01 Jul 2004 | 22 Years 3 Months | Current |
| Shital Agarwal | Director | 01 Jul 2004 | 22 Years 3 Months | Current |
Peer Comparison of Drolia Electrosteels Private Limited
Drolia Electrosteels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omega Bright Steel Private Limited | ₹546.04 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Sudhesh Industries Private Limited | ₹545.8 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bahraich, Uttar Pradesh, India |
| Chandi Steel Industries Ltd | ₹545.58 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| S A L Steel Limited Listed | ₹544.98 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Ahmedabad, Gujarat, India |
| Kairali Steels and Alloys Private Limited | ₹540.51 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kozhikode, Kerala, India |
| Drolia Electrosteels Private Limited this company | ₹539.86 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| SMTC Steel and Power Private Limited | ₹539.74 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Regency Ispat Private Limited | ₹539.53 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ulhasnagar, Maharashtra, India |
| H M Steels Limited | ₹539.3 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Punjab, India |
| Vikrant Iron Private Limited | ₹537.59 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Amman -Try Steels Private Limited | ₹536.88 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Drolia Electrosteels by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Drolia Electrosteels Private Limited
Drolia Electrosteels Private Limited is audited by RAJ S. JAIN & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJ S. JAIN & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Drolia Electrosteels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Drolia Electrosteels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2025 | Hdfc Bank Limited | ₹75 Lakh | Open |
| 27 Feb 2025 | Hdfc Bank Limited | ₹68 Lakh | Open |
| 29 Jul 2024 | Hdfc Bank Limited | ₹35 Lakh | Open |
| 16 Jul 2024 | Hdfc Bank Limited | ₹5 Lakh | Open |
| 23 Jan 2024 | Hdfc Bank Limited | ₹8.09 Lakh | Open |
Total charge records: 17 View all charges
Legal Cases of Drolia Electrosteels Private Limited
Drolia Electrosteels Private Limited has 9 court cases on record: 9 filed by Drolia Electrosteels. 2 cases are pending and 7 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Chhattisgarh | Writ petition | Filed by the company against State of Chhattisgarh | Pending |
| High Court of Chhattisgarh | Court case (MCC) | Filed by the company against Union of India | Pending |
| High Court of Chhattisgarh | Writ petition | Filed by the company against Union of India | Disposed |
| High Court of Chhattisgarh | Court case (MCC) | Filed by the company against Union of India | Disposed |
| High Court of Chhattisgarh | Appeal | Filed by the company against Union of India | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Drolia Electrosteels Private Limited
Drolia Electrosteels Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 394 overdue payments to 63 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 63)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Raipur Engineering Co | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Drolia Electrosteels Private Limited
Employment history and EPFO contributions of people linked to Drolia Electrosteels.
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 Drolia Electrosteels Private Limited
Drolia Electrosteels Private Limited has 6 board changes on record since 1995: 5 appointments and 1 cessation. The latest: Pushpa Devi Drolia ceased to be Director on 09 Jun 2017.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Drolia Electrosteels Private Limited
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.
Subsidiaries & Group Companies of Drolia Electrosteels Private Limited
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 Drolia Electrosteels Private Limited
Drolia Electrosteels has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAACD5584H1ZS | Chattisgarh | Active | 01 Jul 2017 |
| 22AAACD5584H1D1 | Chattisgarh | Active | 23 Oct 2024 |
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 Drolia Electrosteels Private Limited
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 Drolia Electrosteels Private Limited
Drolia Electrosteels is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 June 1995 (31+ years old) and is registered under CIN U27100MH1995PTC146362.
Drolia Electrosteels reported revenue of ₹539.86 Cr for FY 2025 (down 10% YoY).
Drolia Electrosteels has 5 current directors:
- Rajiv Drolia - Managing Director
- Din Dayal Drolia - Director
- Raj Basudeo Drolia - Director
- Anand Choudhary - Director
- Shital Agarwal - Director
Drolia Electrosteels reported a net profit of ₹7.64 Cr (net margin 1.4%) and EBITDA of ₹26.31 Cr (EBITDA margin 4.9%) for FY 2025, as per its filed financial statements.
The GSTIN of Drolia Electrosteels is 22AAACD5584H1ZS, registered in Chattisgarh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 22AAACD5584H1D1 (Chattisgarh).
The CIN (Corporate Identification Number) of Drolia Electrosteels is U27100MH1995PTC146362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drolia Electrosteels has 9 court cases on record: 9 filed by the company. 2 are pending.
Drolia Electrosteels was incorporated on 22 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Drolia Electrosteels by revenue are Omega Bright Steel Private Limited, Sudhesh Industries Private Limited, Chandi Steel Industries Ltd, S A L Steel Limited, Kairali Steels and Alloys Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Pushpa Devi Drolia ceased to be Director on 09 Jun 2017. Raj Basudeo Drolia was appointed as Director on 26 Mar 2007. Anand Choudhary was appointed as Director on 01 Jul 2004. Drolia Electrosteels has 6 board changes on record in total.
Drolia Electrosteels has 11 MSME Form 1 returns on record between 2019 and 2023, listing 394 overdue payments to 63 micro and small suppliers. The latest return was filed on 04 Dec 2023.
Drolia Electrosteels can be reached through the website drolia.com. Its registered office is in Mumbai, Maharashtra, India.