MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-25-0002302
Drspallet India Private Limited - automotive in Penukonda, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.22 Cr
▲ 34% YoY
Net loss · FY 2025
₹4.19 Cr
Net margin -27.5%
EBITDA · FY 2025
-₹2.65 Cr
EBITDA margin -17.4%
Authorised capital
₹5.88 Cr
Registered with MCA
Paid-up capital
₹5.88 Cr
Issued & subscribed
Open charges
₹8 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
9
Provident fund records
About Drspallet India Private Limited
Data last updated:
Drspallet India Private Limited is a foreign private limited company based in Penukonda, Andhra Pradesh, India, a subsidiary of Drs Co Ltd. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 26 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2018FTC107706. Its GSTIN is 37AAGCD5620G1ZS (Andhra Pradesh).
The company has an authorised share capital of ₹5.88 Cr and a paid-up capital of ₹5.88 Cr. It is led by directors Jecheol Jeon and Dukgi Kim.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No Udl – 3 Kia Adjacent Industrial Park Sy No 380 – 2 To 4 Erramanchi Village, Penukonda, Andhra Pradesh, India – 515164.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.22 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹4.19 Cr (net margin -27.5%) and EBITDA of -₹2.65 Cr (EBITDA margin -17.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Drspallet India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-25-0002302). For more details, the company can be reached via its website drs.co.kr.
Company details
CIN U74999AP2018FTC107706
Registration Number 107706
Incorporation Date 26 February 2018
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Drs Co Ltd
MSME Classification Small
Udyam Registration UDYAM-AP-25-0002302
Key People
Jecheol Jeon Director Dukgi Kim Director Recognitions & Rankings of Drspallet India
Contact details
Drspallet India Private Limited's registered office is in Penukonda, Andhra Pradesh. Its website is drs.co.kr. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No Udl – 3 Kia Adjacent Industrial Park Sy No 380 – 2 To 4 Erramanchi Village, Penukonda, Andhra Pradesh, India – 515164
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Drspallet India Private Limited, buy the company report.
Comprehensive company report
Drspallet India 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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Business activity
The main business activity of Drspallet India is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Drspallet India Private Limited, buy the company report.
Financials of Drspallet India Private Limited
FY 2025 filings availableDrspallet India Private Limited reported revenue of ₹15.22 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹15.22 Cr ▲ 34%
Net loss · FY 2025
₹4.19 Cr margin -27.5%
EBITDA · FY 2025
-₹2.65 Cr margin -17.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▼ 8%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 6%
5 years · compounded
▼ 52%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 34% growth in the latest year. EBITDA rose 23% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.19 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.4% | ||||
| Net Profit Margin | -27.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Drspallet India Private Limited, buy the company report.
Board of directors of Drspallet India Private Limited
Drspallet India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jecheol Jeon | Director | 26 Feb 2018 | 8 Years 8 Months | Current |
| Dukgi Kim | Director | 24 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Drspallet India Private Limited is audited by M G KRISHNA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G KRISHNA AND ASSOCIATES | FY 2023 | 0017623S |
Shareholding
The shareholding of Drspallet India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Drspallet India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2022 | 100612532 | Industrial Bank of Korea | ₹8 Cr | Open |
To see the full charge records of Drspallet India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Drspallet India Private Limited has 1 court case on record: 1 filed by Drspallet India. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ananthapur, Andhra Pradesh | Civil suit | Filed by the company against M/Spnk Automotive India Private Ltd | Disposed |
To see the full case history of Drspallet India Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Drspallet India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Drspallet India Private Limited has a workforce of 9 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
50%
GST
Drspallet India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCD5620G1ZS | Andhra Pradesh | Active | 01 May 2018 |
To see the full GST registrations and return filing status of Drspallet India Private Limited, buy the company report.
Recent activity
Drspallet India Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Dukgi Kim was appointed as Director on 24 Jul 2024.
AGM
Drspallet India Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Filing
Drspallet India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Appointed
Dukgi Kim was appointed as Director.
Ceased
Jebong Jun ceased to be Director.
Charges
A charge with Industrial Bank Of Korea of Rs. 8.00 Cr registered on 19 Sep 2022 with Charge ID 100612532 was modified on 01 Nov 2023.
Ceased
Sung Hun Kim ceased to be Director.
Charges
A charge with Industrial Bank Of Korea amounted to Rs. 8.00 Cr with Charge ID 100612532 was registered on 19 Sep 2022.
Ceased
Girisha Hosakeri Krishnamurthy ceased to be Director.
Appointed
Jecheol Jeon was appointed as Director.
Incorporation
26 Feb 2018
Drspallet India Private Limited was registered on 26 Feb 2018 with Roc Vijayawada & aged 8 years 8 months as per MCA records.
Frequently asked questions
Drspallet India is an active foreign private limited company based in Penukonda, Andhra Pradesh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 26 February 2018 (8+ years old) and is registered under CIN U74999AP2018FTC107706.
Drspallet India has 2 current directors:
- Jecheol Jeon - Director
- Dukgi Kim - Director
The latest financial statements of Drspallet India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Drspallet India is 37AAGCD5620G1ZS, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Drspallet India is U74999AP2018FTC107706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drspallet India has 1 court case on record: 1 filed by the company.
Drspallet India was incorporated on 26 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
Dukgi Kim was appointed as Director on 24 Jul 2024. Jebong Jun ceased to be Director on 24 Jul 2024. Sung Hun Kim ceased to be Director on 05 Aug 2023. Drspallet India has 5 board changes on record in total.
Yes, Drspallet India is registered as a small enterprise under Udyam registration (number: UDYAM-AP-25-0002302).
Drspallet India can be reached through the website drs.co.kr. Its registered office is in Penukonda, Andhra Pradesh, India.
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