About Dropco Multilub Systems Private Limited
Data last updated:
Dropco Multilub Systems Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 16 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2000PTC034578. Its GSTIN is 06AABCD9858P1ZV (Haryana).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Rajender Kumar and Jawahar Lal Gulati.
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 Plot No. 152 Sector – 58 Behind Jdb India Ltd, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.28 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹11.18 Lakh (net margin 1.5%) and EBITDA of ₹54.78 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 8% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.52 Cr and satisfied charges of ₹2.3 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 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 dropco.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 152 Sector – 58 Behind Jdb India Ltd, Faridabad, Haryana, India – 121001
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Dropco Multilub Systems Private Limited
The main business activity of Dropco Multilub Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Dropco Multilub Systems Private Limited FY 2024 filings available
Dropco Multilub Systems Private Limited reported revenue of ₹7.28 Cr (up 21% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Dropco Multilub Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 21% growth in the latest year. EBITDA rose 28% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Dropco Multilub Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹7.28 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹54.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.18 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 of Dropco Multilub Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Dropco Multilub Systems 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.
Peer Comparison of Dropco Multilub Systems Private Limited
Dropco Multilub Systems Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Contact Bearing Company Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Rajkot, Gujarat, India |
| Shivtech Marine Control Systems and Services Private Limited | ₹7.3 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Automations Machine Tools Private Limited | ₹7.29 Cr (FY 2024) | •••• | •••• | 102.0% | •••• | Thane, Maharashtra, India |
| Asphire System OPC Private Limited | ₹7.29 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Promivac Pumps Private Limited | ₹7.29 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Dropco Multilub Systems Private Limited this company | ₹7.28 Cr (FY 2023) | •••• | •••• | 21.0% | •••• | Faridabad, Haryana, India |
| New Bharat Engineering Solid Waste Management Private Limited | ₹7.27 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Kurukshetra, Haryana, India |
| Eppinger Technology Asia Private Limited | ₹7.27 Cr (FY 2024) | •••• | •••• | 186.0% | •••• | Coimbatore, Tamil Nadu, India |
| Temico Motor India Private Limited | ₹7.26 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Samper Engineering Private Limited | ₹7.26 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Airvac Industries Private Limited | ₹7.26 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Dropco Multilub Systems by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Dropco Multilub Systems Private Limited
Dropco Multilub Systems Private Limited is audited by MALHOTRA KHANDELWAL AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MALHOTRA KHANDELWAL AND COMPANY | 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.
Board of Directors of Dropco Multilub Systems Private Limited
Dropco Multilub Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajender Kumar | Director | 16 Nov 2000 | 25 Years 10 Months | Current |
| Jawahar Lal Gulati | Director | 16 Nov 2000 | 25 Years 10 Months | Current |
Ownership and Shareholding of Dropco Multilub Systems 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 Dropco Multilub Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2025 | Others | ₹40 Lakh | Open |
| 10 May 2023 | Hdfc Bank Limited | ₹16 Lakh | Open |
| 27 May 2022 | Tata Capital Financial Services Limited | ₹30.98 Lakh | Open |
| 21 Oct 2021 | Hdfc Bank Limited | ₹8.75 Lakh | Open |
| 24 Jul 2017 | Others | ₹2.57 Cr | Open |
Total charge records: 9 View all charges
Legal Cases of Dropco Multilub Systems Private Limited
Dropco Multilub Systems Private Limited has 20 court cases on record: 6 filed by Dropco Multilub Systems, 14 filed against it. 2 cases are pending and 18 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 14 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Civil suit | Filed by the company against Techno Engineering Private Limited | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Pending |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
Full case history
All 20 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.
Employees and EPFO Compliance at Dropco Multilub Systems Private Limited
Dropco Multilub Systems Private Limited has a workforce of 34 employees as of Oct 09, 2025.
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 Dropco Multilub Systems Private Limited
Dropco Multilub Systems Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Jawahar Lal Gulati was appointed as Director on 16 Nov 2000.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dropco Multilub Systems 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.
MSME Payment Delays by Dropco Multilub Systems Private Limited
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
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dropco Multilub Systems 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 Dropco Multilub Systems Private Limited
Dropco Multilub Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCD9858P1ZV | Haryana | Active | 01 Jul 2017 |
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 Dropco Multilub Systems 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 Dropco Multilub Systems Private Limited
Dropco Multilub Systems is an active private limited company based in Faridabad, Haryana, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 16 November 2000 (26+ years old) and is registered under CIN U74999HR2000PTC034578.
Dropco Multilub Systems reported revenue of ₹7.28 Cr for FY 2023 (up 21% YoY).
Dropco Multilub Systems has 2 current directors:
- Rajender Kumar - Director
- Jawahar Lal Gulati - Director
Dropco Multilub Systems reported a net profit of ₹11.18 Lakh (net margin 1.5%) and EBITDA of ₹54.78 Lakh (EBITDA margin 7.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dropco Multilub Systems is 16% over three years and 8% over five years. In the latest year (FY 2023) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dropco Multilub Systems is 06AABCD9858P1ZV, registered in Haryana.
The CIN (Corporate Identification Number) of Dropco Multilub Systems is U74999HR2000PTC034578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dropco Multilub Systems has 20 court cases on record: 6 filed by the company and 14 filed against it. 2 are pending.
Dropco Multilub Systems was incorporated on 16 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Dropco Multilub Systems by revenue are Contact Bearing Company Private Limited, Shivtech Marine Control Systems and Services Private Limited, Automations Machine Tools Private Limited, Asphire System OPC Private Limited, Promivac Pumps Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Jawahar Lal Gulati was appointed as Director on 16 Nov 2000. Rajender Kumar was appointed as Director on 16 Nov 2000.