MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0109366
Dry Air India Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.1 Cr
▲ 21% YoY
Net profit · FY 2024
₹5.11 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹47.71 Lakh
EBITDA margin 3.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹11.42 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
12
Provident fund records
About Dry Air India Private Limited
Data last updated:
Dry Air India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 01 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2012PTC230482. Its GSTIN is 27AAECD2553L1ZI (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Sushma Narendra Bhat and Rohan Raghavendra Pai.
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 A – 10 Nand Bhuvan Industrial Estate Mahakali Caves Road Andheri (E), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.1 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹5.11 Lakh (net margin 0.4%) and EBITDA of ₹47.71 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.42 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹12 Lakh; the latest was in January 2019. The company has 4 MSME Form 1 returns on record between 2019 and 2024, listing 69 overdue payments to 21 micro and small suppliers.
Dry Air India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0109366). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dryairindia.com.
Company details
CIN U29100MH2012PTC230482
Registration Number 230482
Incorporation Date 01 May 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0109366
Key People
Sushma Narendra Bhat Director Rohan Raghavendra Pai Director Narendra Narasimha Bhat Director Recognitions & Rankings of Dry Air India
Contact details
Dry Air India Private Limited's registered office is in Mumbai, Maharashtra. Its website is dryairindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 10 Nand Bhuvan Industrial Estate Mahakali Caves Road Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Dry Air India Private Limited, buy the company report.
Comprehensive company report
Dry Air 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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Secure checkout · GST invoice included
Business activity
The main business activities of Dry Air India are support service to organizations and trade. In detail, this covers other support services to organizations and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Dry Air India Private Limited, buy the company report.
Financials of Dry Air India Private Limited
FY 2024 filings availableDry Air India Private Limited reported revenue of ₹12.1 Cr (up 21% YoY) for FY 2024.
Revenue · FY 2024
₹12.1 Cr ▲ 21%
Net profit · FY 2024
₹5.11 Lakh margin 0.4%
EBITDA · FY 2024
₹47.71 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 7%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 586%
3 years · compounded
▲ 135%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 21% growth in the latest year. EBITDA rose 586% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹47.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.11 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Dry Air India Private Limited, buy the company report.
Board of directors of Dry Air India Private Limited
Dry Air India has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushma Narendra Bhat | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Rohan Raghavendra Pai Also directs: Ducool India Private Limited | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Narendra Narasimha Bhat Also directs: Ducool India Private Limited | Director | 01 May 2012 | 14 Years 5 Months | Current |
Auditor
Dry Air India Private Limited is audited by PARANDE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARANDE & ASSOCIATES | FY 2023 | 153751 |
Shareholding
The shareholding of Dry Air 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 Dry Air India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.42 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2018 | 100195742 | Others | ₹5.29 Cr | Open | |
| 18 Jan 2016 | 10615317 | Others | ₹6.14 Cr | Open |
To see the full charge records of Dry Air India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Dry Air India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹12 Lakh; the latest was in January 2019.
Total deals
1
Funding round
1
Disclosed funding
₹12 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Funding round | ₹12 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dry Air India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Flaktgroup India Pvt Limited | Disposed |
| District court, South East, Delhi | Court case (T.P. C) | Filed against the company by Flaktgroup India Pvt Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Disposed |
To see the full case history of Dry Air 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
Dry Air India Private Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 69 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Genius Air Purifier | |||
| Artech Instruments & Controls Private Limited | |||
| Pinnacle Industrial Controls Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Dry Air India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Dry Air India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-20%
GST
Dry Air India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECD2553L1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dry Air India Private Limited, buy the company report.
Recent activity
Dry Air India Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Narendra Narasimha Bhat was appointed as Director on 01 May 2012.
Charges
A charge with Others of Rs. 528.50 Lakh registered on 16 Jul 2018 with Charge ID 100195742 was modified on 20 Sep 2025.
Charges
A charge with Others of Rs. 613.50 Lakh registered on 18 Jan 2016 with Charge ID 10615317 was modified on 27 Dec 2024.
AGM
Dry Air India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Dry Air India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 528.50 Lakh with Charge ID 100195742 was registered on 16 Jul 2018.
Charges
A charge with Others amounted to Rs. 613.50 Lakh with Charge ID 10615317 was registered on 18 Jan 2016.
Appointed
Narendra Narasimha Bhat was appointed as Director.
Appointed
Rohan Raghavendra Pai was appointed as Director.
Appointed
Sushma Narendra Bhat was appointed as Director.
Incorporation
01 May 2012
Dry Air India Private Limited was registered on 01 May 2012 with Roc Mumbai & aged 14 years 5 months as per MCA records.
Frequently asked questions
Dry Air India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 01 May 2012 (14+ years old) and is registered under CIN U29100MH2012PTC230482.
Dry Air India has 3 current directors:
- Sushma Narendra Bhat - Director
- Rohan Raghavendra Pai - Director
- Narendra Narasimha Bhat - Director
The latest financial statements of Dry Air India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dry Air India is 27AAECD2553L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dry Air India is U29100MH2012PTC230482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dry Air India has 3 court cases on record: 3 filed against it.
Dry Air India was incorporated on 01 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Dry Air India has 1 deal on record (1 funding round), with disclosed funding of ₹12 Lakh; the latest was in January 2019.
Narendra Narasimha Bhat was appointed as Director on 01 May 2012. Rohan Raghavendra Pai was appointed as Director on 01 May 2012. Sushma Narendra Bhat was appointed as Director on 01 May 2012.
Yes, Dry Air India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0109366).
Dry Air India has 4 MSME Form 1 returns on record between 2019 and 2024, listing 69 overdue payments to 21 micro and small suppliers. The latest return was filed on 13 Jun 2024.