Drychain Technologies Private Limited
About Drychain Technologies Private Limited
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Drychain Technologies Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified business activities segment of the business services sector. It was incorporated on 14 June 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC310728. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹82,000. It was led by directors Shital Jagdish Somani and Swapnil Rajabhau Kokate.
Its last annual general meeting (AGM) was held on 28 June 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Flat 503 Wing B1 Lenyadri Chsl Uran Road Sector 19A Nerul, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2021, the company reported a revenue of ₹30,010, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21,820 (net margin 72.7%) and EBITDA of ₹21,820 (EBITDA margin 72.7%).
Company details
Contact details
Drychain Technologies Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat 503 Wing B1 Lenyadri Chsl Uran Road Sector 19A Nerul, Navi Mumbai, Maharashtra, India – 400706
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Drychain Technologies Private Limited, buy the company report.
- 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
Business activity
The main business activity of Drychain Technologies is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Drychain Technologies Private Limited, buy the company report.
Financials of Drychain Technologies Private Limited
FY 2021 filings availableDrychain Technologies Private Limited reported revenue of ₹30,010 (up 694% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 694% in the latest year. EBITDA rose 197% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹30,010 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹21,820 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹21,820 | ||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 72.7% | ||
| Net Profit Margin | 72.7% | ||
| 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 Drychain Technologies Private Limited, buy the company report.
Board of directors of Drychain Technologies Private Limited
Drychain Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shital Jagdish Somani | Director | 14 Jun 2018 | 8 Years 4 Months | As last reported |
| Swapnil Rajabhau Kokate | Director | 29 Jul 2020 | 6 Years 3 Months | As last reported |
Peer comparison
Drychain Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Valorous Tobacco Private Limited | ₹30,675 (FY 2021) | -97.0% | Kanpur, Uttar Pradesh, India | |||
| WWC Foods and Beverages Private Limited | ₹30,606 (FY 2024) | -10.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Ishira International Private Limited | ₹30,400 (FY 2024) | -70.0% | Mohali, Punjab, India | |||
| Nutrics Foods Private Limited | ₹30,242 (FY 2021) | Newasa Khurd, Maharashtra, India | ||||
| Daily Safe Private Limited | ₹30,176 (FY 2023) | Ranchi, Jharkhand, India | ||||
| Drychain Technologies Private Limitedthis company | ₹30,010 (FY 2021) | ₹21,820 | 72.7% | 694.0% | Navi Mumbai, Maharashtra, India | |
| LR Tea Private Limited | ₹30,000 (FY 2025) | -29.0% | West Bengal, India | |||
| Vaibhavi Natural and Bioproducts Private Limited | ₹30,000 (FY 2024) | -21.0% | Durg, Chhattisgarh, India | |||
| Abbayas Foods and Beverages Private Limited | ₹30,000 (FY 2024) | Hubli, Karnataka, India | ||||
| Maharayat Agro Feeds and Foods Private Limited | ₹30,000 (FY 2019) | Islampur, Maharashtra, India | ||||
| H.K. Solvex (P) Ltd | ₹29,924 (FY 2016) | -23.0% | Punjab, India |
To see the full peer comparison of Drychain Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Drychain Technologies 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 Drychain Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drychain Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Drychain Technologies Private Limited, buy the company report.
Recent activity
Drychain Technologies Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Swapnil Rajabhau Kokate ceased to be Additional Director on 23 Dec 2020.
Frequently asked questions
Drychain Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Drychain Technologies was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in miscellaneous business activities, within the business services industry. It was incorporated on 14 June 2018 and is registered under CIN U74999MH2018PTC310728. The company has been struck off by the Registrar of Companies and is no longer operational.
Drychain Technologies had 2 directors:
- Shital Jagdish Somani - Director
- Swapnil Rajabhau Kokate - Director
The CIN (Corporate Identification Number) of Drychain Technologies is U74999MH2018PTC310728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Drychain Technologies is at Flat 503 Wing B1 Lenyadri Chsl Uran Road Sector 19A Nerul, Navi Mumbai, Maharashtra, India – 400706.
Drychain Technologies was incorporated on 14 June 2018. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Drychain Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 28 June 2021. Year-wise statements from FY 2019 are in the company report.
No. Drychain Technologies has 1 GST registration on record and it is cancelled or inactive.
Drychain Technologies operated in the business services industry, in the miscellaneous business activities segment. It worked in this industry before it was struck off.
The peers of Drychain Technologies by revenue are Valorous Tobacco Private Limited, WWC Foods and Beverages Private Limited, Ishira International Private Limited, Nutrics Foods Private Limited, Daily Safe Private Limited and 5 more, all in the same principal business activity (food, beverages and tobacco products).
Swapnil Rajabhau Kokate ceased to be Additional Director on 23 Dec 2020. Vaibhav Baburao Tidke ceased to be Director on 10 Aug 2020. Swapnil Rajabhau Kokate was appointed as Director on 29 Jul 2020. Drychain Technologies has 5 board changes on record in total.
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