MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-18-0092754
Drona Pay Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.76 Cr
▲ 250% YoY
Net profit · FY 2024
₹25.76 Lakh
Net margin 5.4%
EBITDA · FY 2024
₹27.46 Lakh
EBITDA margin 5.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹2.49 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Drona Pay Private Limited
Data last updated:
Drona Pay Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 04 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC365280. Its GSTIN is 27AAICD6651R1ZV (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2.49 Lakh. It is led by directors Pallavi Chandrakant Narvekar and Satish Venkat Kashyap.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 502 Oberoi Splendor Opp Majas Depot Near Jvlr Andheri (E), Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.76 Lakh (net margin 5.4%) and EBITDA of ₹27.46 Lakh (EBITDA margin 5.8%).
The company is associated with 1 brand: Drona Pay. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.15 Cr; the latest was in December 2021. Its 10 peer companies in the same principal business activity (data processing, hosting and related activities; web portal) are compared by revenue, 5 larger and 5 smaller; the largest is Ad-Hash Technolabs Private Limited with revenue of ₹4.8 Cr.
Drona Pay Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0092754). For more details, the company can be reached via its website dronapay.com.
Company details
CIN U72900MH2021PTC365280
Registration Number 365280
Incorporation Date 04 August 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0092754
Recognitions & Rankings of Drona Pay
Contact details
Drona Pay Private Limited's registered office is in Mumbai, Maharashtra. Its website is dronapay.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressE – 502 Oberoi Splendor Opp Majas Depot Near Jvlr Andheri (E), Mumbai, Maharashtra, India – 400060
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Drona Pay Private Limited, buy the company report.
Comprehensive company report
Drona Pay 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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Brands
Drona Pay operates one associated brand: Drona Pay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud based financial fraud solution provider | dronapay.com |
Business activity
The main business activity of Drona Pay is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Drona Pay Private Limited, buy the company report.
Financials of Drona Pay Private Limited
FY 2025 filings availableDrona Pay Private Limited reported revenue of ₹4.76 Cr (up 250% YoY) for FY 2024.
Revenue · FY 2024
₹4.76 Cr ▲ 250%
Net profit · FY 2024
₹25.76 Lakh margin 5.4%
EBITDA · FY 2024
₹27.46 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 250%
EBITDA CAGR growth
1 year
▲ 111%
Revenue rose 250% in the latest year. EBITDA rose 111% 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 | ₹27.46 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹25.76 Lakh | ||
| 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 | |||
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| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.8% | ||
| Net Profit Margin | 5.4% | ||
| 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 | |||
To see the full financial statements and ratios of Drona Pay Private Limited, buy the company report.
Board of directors of Drona Pay Private Limited
Drona Pay has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Chandrakant Narvekar Also directs: Algo Engines Private Limited | Director | 04 Aug 2021 | 5 Years 2 Months | Current |
| Satish Venkat Kashyap Also directs: Algo Engines Private Limited | Director | 04 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Drona Pay Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ad-Hash Technolabs Private Limited | ₹4.8 Cr (FY 2025) | 39.0% | Coimbatore, Tamil Nadu, India | |||
| Enterstellar Softwares Private Limited | ₹4.79 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Data Ratings Intelligence Private Limited | ₹4.79 Cr (FY 2025) | 39.0% | Bangalore, Karnataka, India | |||
| Sevika Tech Private Limited | ₹4.78 Cr (FY 2025) | 104.0% | Chennai, Tamil Nadu, India | |||
| Indoqubix Cloudtech Private Limited | ₹4.78 Cr (FY 2024) | 34.0% | Ballabhgarh, Haryana, India | |||
| Drona Pay Private Limitedthis company | ₹4.76 Cr (FY 2024) | ₹25.76 Lakh | 5.4% | 250.0% | Mumbai, Maharashtra, India | |
| Pristine Retail Solutions Private Limited | ₹4.75 Cr (FY 2024) | -15.0% | Mumbai, Maharashtra, India | |||
| Aycon Graph Connect Private Limited | ₹4.73 Cr (FY 2025) | -36.0% | Mumbai, Maharashtra, India | |||
| Nishtech Digital India Private Limited | ₹4.73 Cr (FY 2025) | -20.0% | Abhiramapuram, Tamil Nadu, India | |||
| Weuphoria Technologies Private Limited | ₹4.71 Cr (FY 2025) | 2.0% | Sivakasi, Tamil Nadu, India | |||
| Paydeck Technologies Private Limited | ₹4.71 Cr (FY 2025) | 5.0% | North 24 Parganas, West Bengal, India |
To see the full peer comparison of Drona Pay Private Limited, buy the company report.
Auditor
Drona Pay Private Limited is audited by DARPAN JITENDRA JUTHANI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DARPAN JITENDRA JUTHANI | FY 2023 | 167732 |
Shareholding
The shareholding of Drona Pay Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Drona Pay Private Limited, buy the company report.
Deals & funding
Drona Pay Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.15 Cr; the latest was in December 2021.
Total deals
1
Funding round
1
Disclosed funding
₹3.15 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Funding round · Seed | ₹3.15 Cr | Investors: Varanium Capital, Saison Capital, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Drona Pay 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 Drona Pay Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Drona Pay Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Drona Pay has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICD6651R1ZV | Maharashtra | Active | 13 Aug 2021 |
To see the full GST registrations and return filing status of Drona Pay Private Limited, buy the company report.
Recent activity
Drona Pay Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Pallavi Chandrakant Narvekar was appointed as Director on 04 Aug 2021.
AGM
Drona Pay Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Drona Pay Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Pallavi Chandrakant Narvekar was appointed as Director.
Appointed
Satish Venkat Kashyap was appointed as Director.
Incorporation
04 Aug 2021
Drona Pay Private Limited was registered on 04 Aug 2021 with Roc Mumbai I & aged 5 years 2 months as per MCA records.
Frequently asked questions
Drona Pay is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 04 August 2021 (5+ years old) and is registered under CIN U72900MH2021PTC365280.
Drona Pay has 2 current directors:
- Pallavi Chandrakant Narvekar - Director
- Satish Venkat Kashyap - Director
The latest financial statements of Drona Pay on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Drona Pay is 27AAICD6651R1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Drona Pay is U72900MH2021PTC365280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drona Pay was incorporated on 04 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Drona Pay has 1 deal on record (1 funding round), with disclosed funding of ₹3.15 Cr; the latest was in December 2021.
The peers of Drona Pay by revenue are Ad-Hash Technolabs Private Limited, Enterstellar Softwares Private Limited, Data Ratings Intelligence Private Limited, Sevika Tech Private Limited, Indoqubix Cloudtech Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Pallavi Chandrakant Narvekar was appointed as Director on 04 Aug 2021. Satish Venkat Kashyap was appointed as Director on 04 Aug 2021.
Yes, Drona Pay is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0092754).
Drona Pay can be reached through the website dronapay.com. Its registered office is in Mumbai, Maharashtra, India.