About Drovation Software Solutions Private Limited
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Drovation Software Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the corporate training and development segment of the education sector. It was incorporated on 05 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC305914. Its GSTIN is 27AAGCD5708D1ZU (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.19 Lakh. It is led by directors Anisha Onkar Bhosle and Rohit Shirke Mukul.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.45 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net loss of ₹11.74 Lakh (net margin -4.8%) and EBITDA of -₹9.17 Lakh (EBITDA margin -3.7%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 15% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: DroniTech, Indian Academy of Drones and Droni Tech. The company has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹33 Lakh; the latest was in April 2019. Its 10 peer companies in the Education industry (Corporate and Commercial Training, Education Technology) are compared by revenue, 5 larger and 5 smaller; the largest is H2o Tech Labs Private Limited.
For more details, the company can be reached via its website dronitech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No.202 2nd Floor Shobha Apartment Chhatrapati Shivaji Rd Nr.Avdhoot Ngr Da, Hisar (E), Mumbai, Maharashtra, India – 400068
- IndustryEducation, Corporate Training & Development
- 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 Drovation Software Solutions Private Limited
The main business activity of Drovation Software Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Drovation Software Solutions Private Limited FY 2025 filings available
Drovation Software Solutions Private Limited reported revenue of ₹2.45 Cr (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Drovation Software Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 71% growth in the latest year. EBITDA fell 129% 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 Drovation Software Solutions 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.74 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Drovation Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.8% | •••• | •••• | •••• | •••• |
| 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 Drovation Software Solutions are in the company report.
Financial statements from FY 2018
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 Drovation Software Solutions Private Limited
Drovation Software Solutions Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Education Technology). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| H2o Tech Labs Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Care Protection Services Private Limited | •••• | •••• | •••• | •••• | 43 | Nagpur, Maharashtra, India |
| Astm Skills Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Best First Step Education Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Manastha Health Solutions Private Limited | •••• | •••• | •••• | •••• | - | Gautam Buddha Nagar, Uttar Pradesh, India |
| Drovation Software Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Arihant Educare Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Datta Hospitality Management Support Ser Vices Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Geni Development Centre India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Yak Maritime Academy Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Awarathon Awareness Initiatives Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Drovation Software Solutions by revenue in the Education industry (Corporate and Commercial Training, Education Technology), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Drovation Software Solutions Private Limited
Drovation Software Solutions Private Limited is audited by ATUL JAISWAL AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ATUL JAISWAL AND ASSOCIATES | 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 Drovation Software Solutions Private Limited
Drovation Software Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anisha Onkar Bhosle | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Rohit Shirke Mukul | Director | 25 Oct 2018 | 7 Years 11 Months | Current |
Ownership and Shareholding of Drovation Software Solutions 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 Drovation Software Solutions Private Limited
Drovation Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Drovation Software Solutions Private Limited
Drovation Software Solutions Private Limited has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹33 Lakh; the latest was in April 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Rights issue | ₹12.7 Lakh | Investors: an individual |
| Mar 2019 | Rights issue | ₹13.1 Lakh | Investors: an individual |
| Feb 2019 | Rights issue | ₹1.16 Cr | Investors: 2 individuals |
| Oct 2018 | Funding round | ₹33 Lakh | Investors: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Drovation Software Solutions Private Limited
Drovation Software Solutions operates multiple associated brands including DroniTech, Indian Academy of Drones, and Droni Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops advanced drones for product delivery and business applications. | dronifleet.com | |
| Multi-industry drone services are delivered using proprietary technology. | dronitech.com | |
| Drone training and education services in India. | indianacademyofdrones.com |
Employees and EPFO Compliance at Drovation Software Solutions Private Limited
Drovation Software Solutions Private Limited has a workforce of 8 employees as of Apr 04, 2024.
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.
News related to Drovation Software Solutions Private Limited
Recent Activity on Drovation Software Solutions Private Limited
Drovation Software Solutions Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Onkar Bhosle Vasudeo ceased to be Director on 14 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Drovation Software Solutions 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 Drovation Software Solutions 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 Drovation Software Solutions 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 Drovation Software Solutions Private Limited
Drovation Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD5708D1ZU | Maharashtra | Active | 05 Mar 2018 |
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 Drovation Software Solutions 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 Drovation Software Solutions Private Limited
Drovation Software Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 05 March 2018 (8+ years old) and is registered under CIN U72900MH2018PTC305914.
Drovation Software Solutions reported revenue of ₹2.45 Cr for FY 2025 (up 71% YoY).
Drovation Software Solutions has 2 current directors:
- Anisha Onkar Bhosle - Director
- Rohit Shirke Mukul - Director
Drovation Software Solutions reported a net loss of ₹11.74 Lakh (net margin -4.8%) and EBITDA of -₹9.17 Lakh (EBITDA margin -3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Drovation Software Solutions is 35% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Drovation Software Solutions is 27AAGCD5708D1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Drovation Software Solutions is U72900MH2018PTC305914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drovation Software Solutions was incorporated on 05 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Drovation Software Solutions has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹33 Lakh; the latest was in April 2019.
The peers of Drovation Software Solutions by revenue are H2o Tech Labs Private Limited, Care Protection Services Private Limited, Astm Skills Private Limited, Best First Step Education Private Limited, Manastha Health Solutions Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training, Education Technology).
Onkar Bhosle Vasudeo ceased to be Director on 14 Feb 2022. Chirag Jagdishchandra Patel ceased to be Director on 23 Jul 2019. Rohit Shirke Mukul was appointed as Director on 25 Oct 2018. Drovation Software Solutions has 4 board changes on record in total.